NOT LISTED FOR SALE

48 Nelson Ave Oroville, CA 95965

24 Beds
16 Baths
7,836 Sq Ft
0.58 Acre Lot

Sale Details

Date Sold: April 30, 2014

Last sale price $451,000 $58 Per Sq Ft

48 Days on Market

About This Home

As of April 2014

8 3BEDROOM 2 BATH UNITS BUILT 1993

Last Agent to Sell the Property

Bill Carter

Bill Carter Realty License #00991294 Listed on: 01/11/2014

Last Buyer's Agent

Karen Pearsall

Karen Pearsall Realty License #00895010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1993

Lot Details

  • 25,265 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Parking

  • 18 Parking Spaces

Home Design

  • 7,836 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 16 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 031053077000

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Foothills

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Insurance Expense $2,520
  • Maintenance Expense $3,000
  • Professional Management Expense $5,000
  • Trash Expense $3,000
  • Water Sewer Expense $3,000
  • New Taxes Expense $8,000
  • Gross Income $5,800
  • Net Operating Income $37,559

Property Details

Home Type

Multi-Family

Year Built

Built in 1993

Lot Details

0.58 Acres

Listing Details

  • Professional Management Expense: 5000.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 031053077000
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 57.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 18.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 3000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Foothills

Lot Info

  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 25265.00
  • Lot Size Acres: 0.5800

Multi Family

  • Gross Income: 5800.00
  • Gross Scheduled Income: 69420.00
  • Insurance Expense: 2520.00
  • Lot Size Area: 25265.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 37559.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 31000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8000.00

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

Listed on
Jan 11, 2014
Closed on
Apr 24, 2014
Sold by
Bought by
Seller's Agent
Bill Carter
Bill Carter Realty
Buyer's Agent
Karen Pearsall
Karen Pearsall Realty
List Price
$575,000
Sold Price
$451,000
Premium/Discount to List
-$124,000
-21.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
0.0428%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 11, 2014
Closed on
Apr 22, 2014
Sold by
Bought by
Seller's Agent
Bill Carter
Bill Carter Realty
Buyer's Agent
Karen Pearsall
Karen Pearsall Realty
List Price
$575,000
Sold Price
$451,000
Premium/Discount to List
-$124,000
-21.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
0.0428%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 27, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
0.0656%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- Mid Valley Title & Escrow Co
-- Mid Valley Title & Escrow Co
$440,000 Mid Valley Title & Escrow Co
-- None Available
$680,000 Bidwell 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
Closed $308,000
Closed $522,000
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
04/30/2014 04/30/14 Sold $451,000 -21.6% $58 / Sq Ft
02/28/2014 02/28/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $575,000 -- $73 / 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 $10,276 $539,370 $61,288 $478,082
2024 $10,276 $528,795 $60,087 $468,708
2023 $10,473 $518,427 $58,909 $459,518
2022 $9,899 $508,262 $57,754 $450,508
2021 $9,666 $498,297 $56,622 $441,675
2020 $9,256 $493,189 $56,042 $437,147
2019 $9,183 $483,520 $54,944 $428,576
2018 $8,784 $474,040 $53,867 $420,173
2017 $8,593 $464,746 $52,811 $411,935
2016 $8,494 $455,634 $51,776 $403,858
2015 $8,118 $448,791 $50,999 $397,792
2014 $7,315 $400,000 $40,000 $360,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14007302

California Regional Multiple Listing Service (CRMLS)
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