NOT LISTED FOR SALE

4106 George Ave Olivehurst, CA 95961

2 Beds
1 Bath
945 Sq Ft
1.5 Acres

Last Sold June 19, 2017

Last sale price $375,000 $397 Per Sq Ft

42 Days on Market

Highlights

  • 1.5 Acre Lot
  • Tile Flooring
  • Garage
  • No HOA
  • Refrigerated and Evaporative Cooling System

About This Home

As of June 2017

Diamond in the rough -- potential for increase rent. Peaceful location and spacious.. Property consists of 5 duplexes on a 1.5 acre lot. There are 3 duplexes w/3 bedrm each side and 2 duplexes w/2 bedrm each side. Two of the 2 bedrm duplexes have a 1 car garage on each side. Tenants enjoy space both inside and out. Each unit approx 945 sq ft and lots of room between the buildings. Private 20 ft wide cement driveway down the center. Mature trees and open area at rear of property. Two units are not rent-able and used as storage. Tenant in one unit does exterior maintenance in lieu of rent. Annual rent shown is based on 7 units at 24 tenants. Yuba County says property can remain as a *state small water system* as long as a max of 24 tenants is maintained. $42,600 annual is nearly 10% cap rate at asking price. Lot of property for the price. ($42.17/sq ft needs TLC) Please do not go onto property or disturb tenants. Make offer subject to viewing interior of units..Thanks

Last Agent to Sell the Property

Andrea Lavin Lavin

Century 21 Select Real Estate License #01797334 Listed on: 03/06/2017

Century 21 Select Real Estate

Last Buyer's Agent

Edgar Carrillo

Showcase Real Estate License #01503351

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions: 187.5

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Free-Standing Gas Range

Flooring

  • Linoleum
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • 1 Parking Space Included

Utilities

  • Refrigerated and Evaporative Cooling System
  • Wall Furnace
  • Well
  • Septic System

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 014-142-065-000

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 10 Units

Building Details

  • 8 Leased Units
  • 2 Vacant Units
  • 8 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: 5 or More Units
  • Stories: 1
  • Year Built: 1965
  • Architectural Style: Ranch
  • Number of Three Bedroom Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Tile, Linoleum/Vinyl
  • Price Per Square Foot: 39.73

Exterior Features

  • Construction Materials: Wood, Frame
  • Disclosures/Documents: None, CC&Rs
  • Foundation: Slab
  • Listing Price: 399900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage, 1 Space Per Unit

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: Septic System
  • Cooling: Evaporative Cooler
  • Heating: Wall Furnace
  • Water Source: Well

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Marysville Joint

Lot Info

  • Zoning Description: R-3
  • Lot Size Acres: 1.5000
  • Lot Dimensions: 187.5 X 350
  • Lot Size Sq Ft: 65340

Rental Info

  • Tenant Pays: Gas, Electricity
  • Total # Leasable: 8

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 8
  • Number of Month to Month Units: 8
  • Number of Units: 10
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 014-142-065-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yuba

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2017 06/19/17 Sold $375,000 -6.2% $397 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $399,900 -- $423 / 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 $4,755 $430,946 $57,457 $373,489
2023 $4,755 $414,214 $55,227 $358,987
2022 $4,621 $406,094 $54,145 $351,949
2021 $4,573 $398,133 $53,084 $345,049
2020 $4,536 $394,051 $52,540 $341,511
2019 $4,450 $386,325 $51,510 $334,815
2018 $4,904 $378,750 $50,500 $328,250
2017 $3,675 $315,000 $35,000 $280,000
2016 $3,721 $315,000 $35,000 $280,000
2015 $3,700 $315,000 $35,000 $280,000
2014 $3,718 $315,000 $35,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • Andrea Lavin Lavin

    Seller's Agent in 2017

    Andrea Lavin Lavin

    Century 21 Select Real Estate

    (530) 713-6304

    10 in this area

    64 Total Sales

    Andrea Lavin Lavin
    Section Image

  • E

    Buyer's Agent in 2017

    Edgar Carrillo

    Showcase Real Estate

    (530) 713-2429

    5 in this area

    24 Total Sales

    Edgar Carrillo
    Section Image
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Map

Source: MetroList

MLS Number: 201700548

MetroList
California Yuba County Olivehurst 95961

4106 George Ave, Olivehurst, CA

Not Listed for Sale

MultiFamily

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