NOT LISTED FOR SALE

2220 Wilcox Ave Oroville, CA 95966

Estimated Value: $313,000 - $404,000

1 Bed
4 Baths
1,611 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $326,500 $203 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,135/month

3 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Chain Link Fence
  • High Ceiling
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of February 2024

4 UNIT COMPLEX. Income Producing 4-PLEX For Sale! A total of 4 residential rental units here. Currently 3 units are occupied with one vacancy which is currently being offered for rent at $950 per month. Each unit is a studio style unit but one which is a 1 bedroom unit. Average sized units here are right about 400+/-sf each. Plenty of upside potential due to the low, long term tenant non market rents here. Fully fenced perimeter chain link with access gates. Each unit has its own PG&E meters. Close proximity and walking distance to stores and schools. This property is located on a corner lot with all on street parking. Raleys Shopping Center is literally in sight and just a block to the south of this small complex. Oroville High School is just around the way. Bus route and multiple other amenities within walking distance. For the individual looking for that property to roll your 1031 into, a way of generating some future income, here is one to add to your income property portfolio. Currently managed by a property management company. Owner responsible for trash, water and property expenses. Tenants pay their own PG&E/Power. Shown to qualified buyers only with offer subject to interior inspections. Interior of vacant unit (while vacant) can be shown to individuals with verification of qualifications only. DO NOT DISTURB TENANTS. All expenses are close estimates only.

Last Agent to Sell the Property

Mario Gattavara

Coldwell Banker Lifestyle Properties License #01368823 Listed on: 02/01/2024

Coldwell Banker Lifestyle Properties

Co-Listed By

Antonio Cisneros

Coldwell Banker Lifestyle Properties License #02165262

Last Buyer's Agent

Mary Colburn

Go West Realty License #01213072

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Fence is in good condition
  • Corner Lot
  • Rectangular Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,611 Sq Ft Home
  • 1-Story Property
  • High Ceiling

Bedrooms and Bathrooms

  • 1 Bedroom
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 012252013000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Professional Management Expense $3,240
  • Trash Expense $1,200
  • Water Sewer Expense $1,260
  • New Taxes Expense $4,237
  • Operating Expense $11,737
  • Gross Income $32,400
  • Net Operating Income $20,663

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Professional Management Expense: 3240.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1260.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 012252013000
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 202.67

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Good Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 5662.80
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average Studio Area: 402 Square Feet
  • Gross Income: 32400.00
  • Gross Operating Income: 32400.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 0.1300 Acres
  • Net Operating Income: 20663.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 11737.00
  • Rent Control: Yes
  • Total Expenses: 11737.00

Tax Info

  • New Taxes Expense: 4237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Feb 22, 2024
Sold by
Scott George Rand and Scott Linda Mae
Bought by
Filice Nickolas and Filice Kiersten
Seller's Agent
Mario Gattavara
Coldwell Banker Lifestyle Properties
Buyer's Agent
Mary Colburn
Go West Realty
List Price
$339,000
Sold Price
$326,500
Premium/Discount to List
-$12,500
-3.69%
Views
16
Current Estimated Value
$340,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,536
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Jun 24, 2020
Sold by
Scott George R and Scott Linda M
Bought by
Scott George Rand and Scott Linda Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2004
Sold by
Mchale Ronald W and Mchale Linda S
Bought by
Scott George R and Scott Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2004
Sold by
Mchale Ronald W and Mchale Linda S
Bought by
Mchale Ronald W

Purchase Details

Closed on
Dec 29, 2003
Sold by
Noble Kenneth E and Noble Ellen M
Bought by
Mchale Ronald W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Filice Nickolas -- Timios Title
Scott George Rand -- Timios Title A Ca Corp
Scott George R $260,000 Fidelity Natl Title Co Of Ca
Mchale Ronald W $750,000 --
Mchale Ronald W $155,000 Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott George Rand $164,000
Previous Owner Scott George R $154,000
Previous Owner Mchale Ronald W $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2024 02/23/24 Sold $326,500 -3.7% $203 / Sq Ft
02/04/2024 02/04/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $339,000 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,386 $333,030 $86,700 $246,330
2024 $4,386 $300,000 $85,000 $215,000
2023 $4,476 $300,000 $85,000 $215,000
2022 $4,334 $300,000 $85,000 $215,000
2021 $3,869 $260,000 $75,000 $185,000
2020 $3,693 $250,000 $75,000 $175,000
2019 $3,429 $225,000 $60,000 $165,000
2018 $3,122 $200,000 $50,000 $150,000
2017 $2,764 $170,000 $40,000 $130,000
2016 $2,266 $125,000 $25,000 $100,000
2015 $2,134 $120,000 $25,000 $95,000
2014 $2,069 $120,000 $25,000 $95,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR24019308

California Regional Multiple Listing Service (CRMLS)

APN: 012-252-013-000

Your Personal Tour Guide

Ask me questions while you tour the home.