NOT LISTED FOR SALE

2881 Pennington Rd Live Oak, CA 95953

3 Beds
2 Baths
1,684 Sq Ft
1.99 Acres

Last Sold January 31, 2018

Last sale price $900,000 $534 Per Sq Ft

463 Days on Market

Highlights

  • Central Heating and Cooling System
  • Laundry Facilities
  • Carpet

About This Home

As of January 2018

Well maintained Mobile Home Park. Excellent income producing investment. 13 single wide mobile homes, 5 studio cabins, 1 1 bedroom cabin, Plus a 3 bed 2 bath home in the front. Live in one of the homes and manage the park to save on management fees. Also includes a laundry room with 3 washers/dryers.

Last Agent to Sell the Property

Cindy Campbell

All Star Realty License #01221641 Listed on: 09/12/2016

Last Buyer's Agent

Daniels Logue

Logue Realty License #00643395

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 1.99

Parking

  • 1 Parking Space Included

Home Design

  • Raised Foundation
  • Composition Roof
  • Metal Siding

Flooring

  • Carpet
  • Linoleum

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Wall Furnace

Additional Features

  • 1-Story Property
  • 1.99 Acre Lot

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 06132003

Community Details

Overview

  • 24 Buildings
  • 20 Units

Amenities

  • Laundry Facilities

Building Details

  • 20 Leased Units
  • 20 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1971
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Varies By Unit
  • Other Equipment: None
  • Flooring: Linoleum/Vinyl, Varies by Unit, Carpet
  • Price Per Square Foot: 414.36

Exterior Features

  • Construction Materials: See Remarks, Wood, Metal Siding
  • Foundation: Raised
  • Listing Price: 1025000.00
  • Roof: See Remarks, Composition

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Sewer: Public Sewer
  • Cooling: Varies by Unit, Window Unit(s), Central
  • Heating: Wall Furnace, Central
  • Laundry Features: Washer/Dryer Owned

Schools

  • Senior High School District: Live Oak Unified

Lot Info

  • Irrigation: Public District
  • Lot Size Acres: 1.9900
  • Lot Size Sq Ft: 86684

Rental Info

  • Tenant Pays: Gas, Electricity
  • Total # Leasable: 20

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 20
  • Number of Month to Month Units: 20
  • Number of Units: 20

Tax Info

  • Assessor Parcel Number: 06132003

MLS Schools

  • School District (County): Sutter

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $900,000 -91.8% $534 / Sq Ft
12/19/2017 12/19/17 Pending -- -- --
09/12/2016 09/12/16 For Sale $11,000,000 -- $6,532 / Sq Ft
Source: MetroList

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 $13,016 $1,084,594 $435,136 $649,458
2024 $13,016 $1,063,328 $426,604 $636,724
2023 $13,016 $1,042,480 $418,240 $624,240
2022 $12,603 $1,022,040 $410,040 $612,000
2021 $11,711 $953,563 $289,075 $664,488
2020 $11,746 $936,360 $286,110 $650,250
2019 $11,425 $918,000 $280,500 $637,500
2018 $9,098 $726,141 $280,114 $446,027
2017 $9,218 $711,905 $274,622 $437,283
2016 $8,420 $697,947 $269,238 $428,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 201602928

MetroList