NOT LISTED FOR SALE

2804 Orange Ave Oroville, CA 95966

Oroville Area
-- Beds
-- Baths
9,294 Sq Ft
0.58 Acre Lot

Sale Details

Date Sold: August 17, 2012

Last sale price $425,000 $46 Per Sq Ft

36 Days on Market

Highlights

  • 0.58 Acre Lot
  • No HOA
  • Laundry Facilities

About This Home

As of August 2012

PRICE DROPED BY $245,000. It is a short sale now and sold “AS IS”. Awesome investment property. Only two units are vacant and were being remodeled. This 16 unit’s investment property with 15% cap at this price is located across the street from Oroville High School. 15 units are 1/1 and rent is $550 each; one studio and rent is $475. Manager lives in unit #12. Gross Income for 2011was $98,100 with Net of $66,981
Hurry, it will be gone at this price before you turn your head around.

Last Agent to Sell the Property

Paul Farsai

California Top Brokers, Inc. License #01787279 Listed on: 06/13/2012

Last Buyer's Agent

Thomas Atmore

Atmore Real Estate License #01059558

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 25,265 Sq Ft Lot

Home Design

  • 9,294 Sq Ft Home

Parking

  • 15 Parking Spaces
  • Public Parking
  • Parking Available
  • Private Parking
  • Off-Street Parking
  • Off-Site Parking
  • Unassigned Parking

Listing and Financial Details

  • Assessor Parcel Number 013033021000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 16 Separate Electric Meters
  • 16 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $5,322
  • Insurance Expense $3,250
  • Maintenance Expense $1,009
  • Professional Management Expense $7,200
  • Trash Expense $501
  • Water Sewer Expense $1,700
  • New Taxes Expense $10,680
  • Gross Income $8,175
  • Net Operating Income $66,981

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.58 Acres

Listing Details

  • Professional Management Expense: 7200.00
  • Water Sewer Expenses: 1700.00
  • Property Type: Residential Income
  • Parcel Number: 013033021000
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 45.73

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned, On Site, Off Site, Private, Public, Off Street
  • Total Parking Spaces: 15.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 501.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 25265.00
  • Lot Size Acres: 0.5800

Multi Family

  • Electric Expense: 5322.00
  • Gross Income: 8175.00
  • Gross Scheduled Income: 98100.00
  • Insurance Expense: 3250.00
  • Lot Size Area: 25265.0000 Square Feet
  • Maintenance Expense: 1009.00
  • Net Operating Income: 66981.00
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 31119.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 10680.00
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2021
Sold by
Lateiner Kristen Helen
Bought by

Purchase Details

Closed on
Nov 28, 2018
Sold by
Lateiner Joshua
Bought by
Lateiner Kristen Helen

Purchase Details

Closed on
Nov 27, 2018
Sold by
Brk Holdings Llc
Bought by
Maiuu Partners Llc

Purchase Details

Listed on
Jun 13, 2012
Closed on
Aug 13, 2012
Sold by
Salinas Ernest and Salinas Sonia
Bought by
Brk Holdings Llc
Seller's Agent
Paul Farsai
California Top Brokers, Inc.
Buyer's Agent
Thomas Atmore
Atmore Real Estate
List Price
$695,000
Sold Price
$425,000
Premium/Discount to List
-$270,000
-38.85%

Purchase Details

Closed on
Mar 24, 2009
Sold by
Salinas Ernest and Salinas Sonia
Bought by
Salinas Ernest and Salinas Sonia

Purchase Details

Closed on
Oct 22, 2004
Sold by
The Richard W Heinz Living Trust
Bought by
Salinas Ernest and Martinez Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
5.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 2004
Sold by
Heinz Richard W
Bought by
The Richard W Heinz Living Trust

Purchase Details

Closed on
Nov 20, 2000
Sold by
Duggan John J and Duggan Marie A
Bought by
Heinz Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.86%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oroville, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Lateiner Kristen Helen -- Multiple
Maiuu Partners Llc $650,000 Bidwell Title Co
Brk Holdings Llc $425,000 Fidelity Natl Title Co Of Ca
Salinas Ernest -- None Available
Salinas Ernest $750,000 First American Title Co
The Richard W Heinz Living Trust -- --
Heinz Richard W $300,000 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $535,000
Previous Owner Heinz Richard W $215,000
Previous Owner Heinz Richard W $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/17/2012 08/17/12 Sold $425,000 -38.8% $46 / Sq Ft
07/19/2012 07/19/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $695,000 -- $75 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $54 $1,200 $580 $620
2024 $54 $1,200 $580 $620
2023 $54 $1,200 $580 $620
2022 $51 $1,200 $580 $620
2021 $46 $1,040 $360 $680
2020 $46 $1,040 $360 $680
2019 $46 $1,040 $360 $680
2018 $40 $1,040 $360 $680
2017 $62 $1,040 $360 $680
2016 $48 $1,130 $450 $680
2015 $48 $1,130 $450 $680
2014 $48 $1,130 $450 $680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH12074996

California Regional Multiple Listing Service (CRMLS)
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