NOT LISTED FOR SALE

2224 Park Ave Oroville, CA 95966

Estimated Value: $259,000 - $341,000

6 Beds
4 Baths
3,000 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $198,000 $66 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,931/month

39 Days on Market

Highlights

  • Wood Flooring
  • Evaporated cooling system
  • Laundry Room
  • Private Yard

About This Home

As of September 2018

Great investment opportunity. Both 3 bedroom, 2 bath. Upper home has wood floors & tall ceilings. Both units have indoor washer and dryer hook ups and are very spacious. On a good sized lot with larger backyard area. This duplex is convenient to shopping and downtown. Good income potential and outstanding value. (Sq. ft., bed/baths , & lot size taken public records & has not been verified by agent. The information contained herein has been obtained through sources deemed reliable but cannot be guaranteed as to its accuracy. Buyer is advised to investigate to their satisfaction. Any information of special interest should be obtained through independent verification.)

Last Agent to Sell the Property

Adam Pearce

Adam Pearce, Broker License #01890178 Listed on: 06/14/2018

Co-Listed By

Tamara Lambert

Thrive Real Estate Company License #01728469

Last Buyer's Agent

Lesley Nickelson

Professional Realty Services License #01956664

Professional Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Back Yard

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 012160056000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $9,600
  • Net Operating Income $5,554

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 012160056000
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 66.00

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 6970.00

Multi Family

  • Gross Income: 9600.00
  • Gross Scheduled Income: 9600.00
  • Net Operating Income: 5554.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4046.00
  • Rent Control: No
  • Total Actual Rent: 800.00

Tax Info

  • Tax Census Tract: 28.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Sep 13, 2018
Sold by
Davis Andrew and Davis Michelle
Bought by
Kostner Frederick Jason
Seller's Agent
Adam Pearce
Adam Pearce, Broker
Buyer's Agent
Lesley Nickelson
Professional Realty Services
List Price
$175,000
Sold Price
$198,000
Premium/Discount to List
$23,000
13.14%
Current Estimated Value
$308,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,791
Avg. Annual Appreciation
6.23%
Original Mortgage
$194,413
Outstanding Balance
$170,095
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$138,696

Purchase Details

Closed on
Oct 9, 2015
Sold by
Smits Chris
Bought by
Davis Andrew and Davis Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,650
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2011
Sold by
Fannie Mae
Bought by
Smits Chris

Purchase Details

Closed on
Dec 8, 2010
Sold by
Corporon Robert and Corporon Nancy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 10, 2007
Sold by
Jones Raully
Bought by
Corporon Robert and Corporon Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,250
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Jones Theony and Jones Theoni
Bought by
Jones Raully

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,750
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2004
Sold by
Jones Theoni and Jones Theoni M
Bought by
Jones Raully and Jones Theony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2002
Sold by
Roberts Larry and Roberts Deborah
Bought by
Jones Raully K and Jones Theoni M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,750
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Kostner Frederick Jason $198,000 Mid & Valley Title Co
Davis Andrew $119,500 Mid Valley Title & Escrow Co
Smits Chris $70,000 Mid Valley Title
Federal National Mortgage Association $219,438 Stewart Title
Corporon Robert $263,000 Bidwell Title & Escrow Co
Jones Raully -- Old Republic Title Company
Jones Raully -- Fidelity National Title Co
Jones Raully K $65,500 Bidwell Title & Escrow Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kostner Frederick Jason $194,413
Previous Owner Davis Andrew $83,650
Previous Owner Corporon Robert $197,250
Previous Owner Jones Raully $233,750
Previous Owner Jones Raully $66,000
Previous Owner Jones Raully K $58,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $198,000 +13.1% $66 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $175,000 0.0% $58 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $175,000 -- $58 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $3,985 $220,868 $55,774 $165,094
2024 $3,985 $216,538 $54,681 $161,857
2023 $4,058 $212,293 $53,609 $158,684
2022 $4,022 $208,131 $52,558 $155,573
2021 $3,730 $204,051 $51,528 $152,523
2020 $3,587 $201,960 $51,000 $150,960
2019 $3,552 $198,000 $50,000 $148,000
2018 $2,680 $124,327 $26,010 $98,317
2017 $2,635 $121,890 $25,500 $96,390
2016 $2,598 $119,500 $25,000 $94,500
2015 $2,035 $74,619 $21,319 $53,300
2014 $1,888 $73,158 $20,902 $52,256
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN18142041

California Regional Multiple Listing Service (CRMLS)

APN: 012-160-056-000