$210,000
SOLD APR 24, 2014

5520 Paloma Ave Paradise, CA 95969

2 Beds
1 Bath
3,432 Sq Ft
0.61 Acres

Recently Sold

$61 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wood Fence
  • Neighborhood Views
  • Laundry Room
  • 3-minute walk to Paradise Swimming Pool

About This Home

As of October 2022

Here is your chance to own an investment property! Can you get a better location? Minutes to downtown Paradise, Paradise Junior High and High School! This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Brent McCarthy

NextHome North Valley Realty License #01724028 Listed on: 02/19/2014

NextHome North Valley Realty

Last Buyer's Agent

Brent McCarthy

NextHome North Valley Realty License #01724028 Listed on: 02/19/2014

NextHome North Valley Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,477

Year Built

  • Built in 1962

Lot Details

  • 0.61 Acre Lot
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Property Attached
  • Fixer Upper

Interior Spaces

  • 3,432 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Neighborhood Views
  • Carbon Monoxide Detectors

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Assessor Parcel Number 054100016000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,477

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 054100016000
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 61.19
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 26572.00
  • Lot Size Acres: 0.6100

Multi Family

  • Lot Size Area: 26572.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

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
12
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
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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

Purchase History

Date Type Sale Price Title Company
Grant Deed $25,000 --
Grant Deed $71,000 Bidwell Title & Escrow
Grant Deed $5,000 Placer Title Co
Grant Deed $210,000 Fidelity Natl Title Co Of Ca
Grant Deed -- Accommodation
Trustee Deed $352,244 Accommodation
Grant Deed $292,000 Bidwell Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $234,500 New Conventional
Previous Owner $227,500 New Conventional
Previous Owner $157,500 New Conventional
Previous Owner $301,000 Unknown
Previous Owner $287,500 Unknown
Previous Owner $233,600 Purchase Money Mortgage
Closed $29,200 No Value Available
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH14035711

California Regional Multiple Listing Service (CRMLS)

APN: 054-100-016-000