NOT LISTED FOR SALE

5745 Arboga Rd Olivehurst, CA 95961

Estimated Value: $405,354

2 Beds
3 Baths
1,600 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $345,000 $216 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,648/month

25 Days on Market

Highlights

  • 1.45 Acre Lot
  • Covered Patio or Porch
  • Tile Flooring
  • No HOA
  • Covered Deck
  • Multiple cooling system units

About This Home

As of April 2021

A wonderful mixed use investment opportunity on a 1.45 acre lot is knocking at your door! This unique property boasts, one home, a studio, 20x20 storage garage and a commercial space, that can easily be turned into plenty of businesses. The front home is 2 bedroom, 2 full bathrooms, spacious living space, extra large master (current tenants are using as a partial living area), large backyard with a covered deck and 1 car garage. Back unit is a quaint studio with a full kitchen and full bathroom. It has a backyard, covered patio and a carport space which tenant doesn't utilize at the moment. Adjacent to the studio there is a very spacious 20x20 storage space to house all of your goodness. Next to these residential pieces, lies an approximate 1050 sq ft restaurant, laundromat, tow company, barbershop, hair salon and/or dog grooming opportunity, with a substantial parking lot. Get creative and let your mind run wild with this. Now, behind the homes and commercial building, there is an empty lot that can be a variety of great things. Think multi-unit piece or additional accessory dwellings!?! This property is very unique and has endless potential, check it out today and get your imagination juices flowin.

Last Agent to Sell the Property

Jenny Holland

Keller Williams Realty-Yuba Sutter License #02025965 Listed on: 02/25/2021

Keller Williams Realty-Yuba Sutter

Co-Listed By

Donald Caudill

Keller Williams Realty-Yuba Sutter License #01372281

Last Buyer's Agent

Gerardo Belmontes

LPT Realty, Inc License #01976122

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 1.45 Acre Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Refrigerated and Evaporative Cooling System
  • Window Unit Cooling System
  • Multiple Heating Units
  • Central Heating

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 020-222-015-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 2 Leased Units
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: Other
  • Stories: 1
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Built-In Electric Oven, Varies By Unit, Electric Cook Top
  • Other Equipment: Varies by Unit
  • Flooring: Laminate, Linoleum/Vinyl, Tile, Varies by Unit, Carpet
  • Price Per Square Foot: 99.68
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Wood, Vinyl Siding, Brick
  • Foundation: Raised, Slab
  • Listing Price: 350000.00
  • Patio And Porch Features: Covered Patio, Varies by Unit, Covered Deck
  • Roof: Composition

Garage/Parking

  • Parking Features: Varies by Unit, Garage

Utilities

  • Security: Smoke Detector, Carbon Mon Detector
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), MultiUnits, Varies by Unit, Window Unit(s), Evaporative Cooler
  • Heating: MultiUnits, Central

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Wheatland Union

Lot Info

  • Zoning Description: R2
  • Irrigation: Public District
  • Lot Size Acres: 1.4500
  • Lot Size Sq Ft: 63162

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 020-222-015-000

MLS Schools

  • School District (County): Yuba

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2022
Sold by
Benito Ramiro Perez
Bought by
Beltran Aidet
Current Estimated Value
$405,354

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 5, 2021
Sold by
Webb Tony and Webb Vanessa
Bought by
Benito Ramiro Perez
Seller's Agent
Jenny Holland
Keller Williams Realty-Yuba Sutter
Buyer's Agent
Gerardo Belmontes
LPT Realty, Inc
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Jun 15, 2017
Sold by
Baker George W
Bought by
Webb Tony and Webb Vanessa

Purchase Details

Closed on
Oct 21, 2008
Sold by
Baker George W
Bought by
Wahlberg Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 19, 2008
Sold by
Padilla Octavio
Bought by
Baker George W and Baker Maggie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 15, 2006
Sold by
Baker George W
Bought by
Padilla Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Beltran Aidet -- None Listed On Document
Benito Ramiro Perez $345,000 First American Title Company
Webb Tony -- None Available
Baker George W $250,000 None Available
Wahlberg Donna J $350,000 None Available
Baker George W $361,889 North State Title Company
Padilla Octavio $500,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wahlberg Donna J $350,000
Previous Owner Padilla Octavio $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $345,000 -1.4% $216 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $350,000 -- $219 / 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 $6,511 $514,685 $84,896 $429,789
2023 $6,511 $494,700 $81,600 $413,100
2022 $4,881 $357,000 $81,600 $275,400
2021 $4,396 $315,353 $42,047 $273,306
2020 $5,031 $312,120 $41,616 $270,504
2019 $4,721 $306,000 $40,800 $265,200
2018 $4,468 $300,000 $40,000 $260,000
2017 $3,588 $235,000 $50,000 $185,000
2016 $2,954 $235,000 $50,000 $185,000
2015 $2,939 $235,000 $50,000 $185,000
2014 $2,994 $235,000 $50,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 202100490

MetroList

APN: 020-222-015-000