NOT LISTED FOR SALE

5520 Paloma Ave Paradise, CA 95969

Estimated Value: $308,000 - $498,000

0.61 Acre
$664,793 Price per Acre
26,572 Sq Ft Lot

Last Sold October 21, 2022

Last sale price $71,000 $21 Per Sq Ft

Est. 471% increase in value since last sale

Current estimated payment $2,560/month

56 Days on Market

Highlights

  • View of Hills
  • Mountainous Community
  • 3-minute walk to Paradise Swimming Pool
  • No HOA
  • Rectangular Lot

About This Lot

As of October 2022

Great investment opportunity!! This property is level and was previously a single story quadplex containing 8 bedrooms, 4 bathrooms and 3,432 sqft. The septic will be inspected on 08/05/22. The Town of Paradise will require a new conditional use permit application and and approval to put 4 units back. Some trees still remaining around the property, very quiet neighborhood in a great lower Paradise location!

Last Agent to Sell the Property

Hobie Jensen

Parkway Real Estate Co. License #01990048 Listed on: 08/05/2022

Co-Listed By

Stephanie Jensen

Parkway Real Estate Co. License #01990102

Last Buyer's Agent

Sue Soeth

Real Estate Professionals License #01081602

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,477

Year Built

  • 1962

Lot Details

  • 0.61 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned R3

Property Views

  • Hills
  • Neighborhood

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 054100016000

Property Details

Property Type

Land

Est. Annual Taxes

$3,477

Year Built

1962

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: R3
  • Property Type: Land
  • Parcel Number: 054100016000
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1962

Interior Features

  • Price Per Square Foot: 2.67

Exterior Features

  • View: Hills, Neighborhood

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 26571.60
  • Lot Size Acres: 0.6100

Multi Family

  • Lot Size Area: 0.6100 Acres

Tax Info

  • Tax Census Tract: 22.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Nov 14, 2022
Sold by
Jones Helina A
Bought by
Albert Francis Development Inc
Seller's Agent
Hobie Jensen
Parkway Real Estate Co.
Buyer's Agent
Sue Soeth
Real Estate Professionals
List Price
$80,000
Sold Price
$71,000
Premium/Discount to List
-$9,000
-11.25%
Total Days on Market
56
Current Estimated Value
$405,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,524
Avg. Annual Appreciation
94.96%

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 11, 2022
Sold by
Yates Construction & Properties Llc
Bought by
Jones Helina A
Seller's Agent
Hobie Jensen
Parkway Real Estate Co.
Buyer's Agent
Sue Soeth
Real Estate Professionals
List Price
$80,000
Sold Price
$71,000
Premium/Discount to List
-$9,000
-11.25%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Proto Zachary
Bought by
Yates Construction & Properties Llc

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 21, 2014
Sold by
Fannie Mae
Bought by
Proto Zachary
Seller's Agent
Brent McCarthy
NextHome North Valley Realty
Buyer's Agent
Brent McCarthy
NextHome North Valley Realty
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$157,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 10, 2014
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association
Seller's Agent
Brent McCarthy
NextHome North Valley Realty
Buyer's Agent
Brent McCarthy
NextHome North Valley Realty
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2014
Sold by
Hendrix Randall and Hendrix Corrie Lee
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jan 14, 2004
Sold by
Miller Jean M
Bought by
Hendrix Randall and Hendrix Corrie Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Albert Francis Development Inc $25,000 --
Jones Helina A $71,000 Bidwell Title & Escrow
Yates Construction & Properties Llc $5,000 Placer Title Co
Proto Zachary $210,000 Fidelity Natl Title Co Of Ca
Federal National Mortgage Association -- Accommodation
Citimortgage Inc $352,244 Accommodation
Hendrix Randall $292,000 Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Proto Zachary $234,500
Previous Owner Proto Zachary $227,500
Previous Owner Proto Zachary $157,500
Previous Owner Hendrix Randall $301,000
Previous Owner Hendrix Randall $287,500
Previous Owner Hendrix Randall $233,600
Closed Hendrix Randall $29,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $71,000 -11.3% $21 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $80,000 -61.9% $23 / Sq Ft
04/24/2014 04/24/14 Sold $210,000 0.0% $61 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $210,000 -- $61 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $3,477 $320,900 $45,900 $275,000
2023 $537 $45,000 $45,000 --
2022 $624 $26,279 $26,279 $0
2021 $592 $25,764 $25,764 $0
2020 $534 $25,500 $25,500 $0
2019 $646 $25,000 $25,000 $0
2018 $2,758 $258,566 $70,028 $188,538
2017 $2,717 $253,497 $68,655 $184,842
2016 $2,618 $248,527 $67,309 $181,218
2015 $2,577 $244,794 $66,298 $178,496
2014 $2,376 $225,000 $60,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Hobie Jensen

    Seller's Agent in 2022

    Hobie Jensen

    Parkway Real Estate Co.

    (209) 915-3376

    158 Total Sales

    Hobie Jensen
    Section Image
  • Stephanie Jensen

    Seller Co-Listing Agent in 2022

    Stephanie Jensen

    Parkway Real Estate Co.

    (530) 356-8852

    145 Total Sales

    Stephanie Jensen
    Section Image
  • Sue Soeth

    Buyer's Agent in 2022

    Sue Soeth

    Real Estate Professionals

    (530) 876-3300

    68 Total Sales

    Sue Soeth
    Section Image
  • Brent McCarthy

    Seller's Agent in 2014

    Brent McCarthy

    NextHome North Valley Realty

    (530) 228-1232

    135 Total Sales

    Brent McCarthy
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN22172626

California Regional Multiple Listing Service (CRMLS)

APN: 054-100-016-000

California Butte County Paradise 95969

5520 Paloma Ave, Paradise, CA

This home is located at 5520 Paloma Ave, Paradise, CA 95969 since 05 August 2022 and is currently estimated at $405,524, approximately $118 per square foot. This property was built in 1962. 5520 Paloma Ave is a home located in Butte County with nearby schools including Paradise Intermediate School, Paradise Senior High School, and Hometech Charter School.

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.

California Regional Multiple Listing Service (CRMLS) 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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