NOT LISTED FOR SALE

5528 Forbestown Rd Forbestown, CA 95941

-- Bed
-- Bath
624 Sq Ft
4.62 Acres

Last Sold April 24, 2023

Last sale price $450,000 $721 Per Sq Ft

42 Days on Market

Highlights

  • Fishing
  • Active Adult
  • Community Lake
  • RV Access or Parking
  • View of Trees or Woods
  • Property is near a park

About This Home

As of April 2023

Peaceful Pines Mobile Home Park: a 32-space Senior Mobile Home/Trailer/RV Park in the Foothills with a TON of upside rent potential! 4.62 acres - historic cabin (built when property was used as a sawmill) - one-car garage with attached workshop - 7 septic tanks - underground utilities to each space pad - fenced garden area - laundry facilities with additional bathrooms in building. This property has been family owned and operated for over 50 years and is ready for a new Owner to expand it's tenancy!

Last Agent to Sell the Property

Sheerene Mehrizi

Century 21 Select Real Estate Inc License #02054184 Listed on: 10/03/2022

Century 21 Select Real Estate Inc

Last Buyer's Agent

Sheerene Mehrizi

Century 21 Select Real Estate Inc License #02054184 Listed on: 10/03/2022

Century 21 Select Real Estate Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4.62 Acre Lot
  • Property fronts a county road
  • No Common Walls
  • Rural Setting
  • Level Lot
  • Wooded Lot
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 32 Open Parking Spaces
  • Parking Available
  • Workshop in Garage
  • Private Parking
  • Driveway
  • RV Access or Parking

Property Views

  • Woods
  • Hills

Home Design

  • 624 Sq Ft Home

Utilities

  • Underground Utilities
  • Conventional Septic
  • Cable TV Available

Additional Features

  • Laundry Room
  • Property is near a park

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 073310046000

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 9 Buildings
  • 6 Units
  • Community Lake
  • Near a National Forest
  • Foothills
  • Mountainous Community

Recreation

  • Fishing
  • Hunting
  • Park
  • Water Sports

Building Details

  • 18 Separate Electric Meters
  • 32 Separate Gas Meters
  • 32 Separate Water Meters
  • Electric Expense $3,665
  • Professional Management Expense $3,000
  • Trash Expense $720
  • Water Sewer Expense $1,925
  • Operating Expense $9,310

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 91500
  • Professional Management Expense: 3000.00
  • Property Attached: No
  • Road Frontage Type: County Road
  • Security: Resident Manager
  • View: Yes
  • Water Sewer Expenses: 1925.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 073310046000
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 721.15

Exterior Features

  • View: Hills, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, On Site, Private, RV Access/Parking, Workshop in Garage
  • Total Parking Spaces: 33.00
  • Uncovered Spaces: 32.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Conventional Septic
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Electricity, Gas, Trash, Sewer, Water, Management
  • Senior Community: Yes
  • Community Features: Blm/National Forest, Fishing, Foothills, Lake, Park, Hunting, Watersports, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Park Nearby, Treed Lot
  • Lot Size Sq Ft: 201247.20
  • Lot Size Acres: 4.6200

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 3665.00
  • Gross Scheduled Income: 1410.00
  • Lot Size Area: 4.6200 Acres
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 32
  • Number Of Separate Water Meters: 32
  • Number Of Units Total: 6
  • Rent Control: No
  • Total Expenses: 9310.00

Tax Info

  • Tax Census Tract: 24.02

Range of Values:

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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
04/24/2023 04/24/23 Sold $450,000 -18.0% $721 / Sq Ft
11/14/2022 11/14/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $549,000 -- $880 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sheerene Mehrizi

    Seller's Agent in 2023

    Sheerene Mehrizi

    Century 21 Select Real Estate Inc

    (530) 774-3377

    60 Total Sales

    Sheerene Mehrizi
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR22214978

California Regional Multiple Listing Service (CRMLS)
California Butte County Forbestown 95941

5528 Forbestown Rd, Forbestown, CA

This home is located at 5528 Forbestown Rd, Forbestown, CA 95941 since 03 October 2022. This property was built in 1960. 5528 Forbestown Rd is a home located in Butte County with nearby schools including Yuba Feather Elementary School, Foothill Intermediate School, and Marysville High 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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