M
Seller's Agent in 2013
Michael Capelle
Sunset Vista Realty
33 Cherry Ln Oroville, CA 95965
Thermalito Neighborhood
5
Beds
3
Baths
5,364
Sq Ft
1.73
Acres
Highlights
- 1.73 Acre Lot
- Laundry Room
- Wall Furnace
- Evaporated cooling system
- Level Lot
About This Home
As of August 2013Excellent income potential for the savvy investor in this conveniently located residential income property that's ready for a new owner to renovate and return to profitable operation. Existing rental units are comprised of a four-plex with 3 bed/1 bath units and a detached single family home, all on one 1.7+ acre wooded, level parcel that's zoned VLDR 0.2 to 1 unit per acre. All units are connected to utility water and sewer and conveniently located to Hwy 162 and 70. The apartment building has a newer composition roof and stucco exterior. Financial data provided is comprised of estimates based on future income potential, as most units are currently unrented.
Last Agent to Sell the Property
Michael Capelle
Sunset Vista Realty, Inc License #01781552 Listed on: 04/18/2013
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 1.73 Acre Lot
- Two or More Common Walls
- Level Lot
- Density is 2-5 Units/Acre
Home Design
- 5,364 Sq Ft Home
- Property Attached
- Fixer Upper
- Slab Foundation
- Composition Roof
- Stucco
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- 15 Parking Spaces
- Parking Available
- Unassigned Parking
Location
- Urban Location
Utilities
- Evaporated cooling system
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 030170019000
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Maintenance Expense $500
- Trash Expense $1,200
- Water Sewer Expense $2,400
- New Taxes Expense $2,715
- Gross Income $4,500
- Net Operating Income $45,185
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/23/2013 08/23/13 | Sold | $205,000 | 0.0% | $83 / Sq Ft | View Prior Sale |
| 08/23/2013 08/23/13 | Sold | $205,000 | -19.6% | $38 / Sq Ft | |
| 06/20/2013 06/20/13 | Pending | -- | -- | -- | |
| 06/20/2013 06/20/13 | Pending | -- | -- | -- | |
| 04/18/2013 04/18/13 | For Sale | $255,000 | 0.0% | $48 / Sq Ft | |
| 03/18/2013 03/18/13 | For Sale | $255,000 | -- | $103 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,813 | $251,289 | $61,288 | $190,001 |
| 2024 | $2,813 | $246,363 | $60,087 | $186,276 |
| 2023 | $2,775 | $241,533 | $58,909 | $182,624 |
| 2022 | $2,675 | $236,798 | $57,754 | $179,044 |
| 2021 | $2,638 | $232,156 | $56,622 | $175,534 |
| 2020 | $2,626 | $229,777 | $56,042 | $173,735 |
| 2019 | $2,591 | $225,273 | $54,944 | $170,329 |
| 2018 | $2,496 | $220,857 | $53,867 | $166,990 |
| 2017 | $2,407 | $216,527 | $52,811 | $163,716 |
| 2016 | $2,384 | $212,282 | $51,776 | $160,506 |
| 2015 | $2,254 | $209,095 | $50,999 | $158,096 |
| 2014 | $2,277 | $205,000 | $50,000 | $155,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Buyer's Agent in 2013
Kirk La Fountaine
Go West Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OR13072513
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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