NOT LISTED FOR SALE
3 Beds
2 Baths
6,624 Sq Ft
0.43 Acre Lot

Sale Details

Date Sold: May 31, 2016

Last sale price $575,000 $87 Per Sq Ft

17 Days on Market

Highlights

  • 0.43 Acre Lot
  • Neighborhood Views
  • Living Room
  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of May 2016

Contemporary living is the word of the day for this new 6 unit complex located not far from shopping and close to freeway access for those of you who are part of morning and evening commute. Each unit is fully appointed unit is 3 bedroom/2 Bathrooms and includes open floor plans, a full breadth of appliances, including electric range with microwave hood, refrigerator, and dishwasher. Lower units have patio area and upper units have nice balcony with room to BBQ if you want. There are also storage closets on the patio/balconies. Seller says that they never really have any problems keeping the units rented and they have been very diligent in keeping the tenants keep their units in good shape. Each unit is allotted 2 covered parking spaces on the paved parking area. The property is very nicely landscaped and professional landscapers do a fantastic job of keeping it maintained. If you have been looking to invest in rental units in Oroville you certainly know that there are almost none available that are this new and look this good. Why buy a fixer when you can something nice and shiny like these units.

Last Agent to Sell the Property

Mark Wisterman

California Realty & Financial Services License #01181168 Listed on: 04/01/2016

California Realty & Financial Services

Last Buyer's Agent

Shelinda Bryant

Century 21 Select Real Estate, Inc. License #01726378

Century 21 Select Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • 18,731 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Stucco

Interior Spaces

  • 6,624 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Living Room Balcony
  • Neighborhood Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • 220 Volts In Laundry

Parking

  • 12 Parking Spaces
  • 12 Carport Spaces
  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 031140081000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Water Meter
  • Operating Expense $12,000
  • Gross Income $5,400
  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0.43 Acres

Listing Details

  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 031140081000
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Counters, Living Room Balcony
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 86.81
  • Room Type: Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Drywall Walls, Glass, Stucco

Garage/Parking

  • Carport Spaces: 12.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Carport, Off Street
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Paved, Sprinkler System
  • Lot Size Sq Ft: 18731.00
  • Price Per Lot Square Foot: 30.70
  • Lot Size Acres: 0.4300

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average3 Bed Area: 1100
  • Gross Income: 5400.00
  • Gross Scheduled Income: 65000.00
  • Lot Size Area: 18731.0000 Square Feet
  • Net Operating Income: 53000.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Number With Carpet: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 3
  • Number With Refrigerator: 6
  • Operating Expense: 12000.00
  • Rent Control: No
  • Total Expenses: 12000.00

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

Closed on
Sep 17, 2018
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
$310,000
Interest Rate
0.045%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2018
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
$310,000
Interest Rate
0.045%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 1, 2016
Closed on
May 6, 2016
Sold by
Bought by
Seller's Agent
Mark Wisterman
California Realty & Financial Services
Buyer's Agent
Shelinda Bryant
Century 21 Select Real Estate, Inc.
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Purchase Details

Closed on
May 19, 2006
Sold by
Bought by

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 2000
Sold by
Bought by
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
$294,000 Mid Valley Title & Escrow Co
$231,000 None Available
-- None Available
$565,000 Mid Valley Title & Escrow Co
$820,000 Bidwell Title & Escrow Co
$40,000 --
-- --
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
Open $661,200
Closed $310,000
Previous Owner $300,000
Previous Owner $200,000
Previous Owner $390,000
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
05/31/2016 05/31/16 Sold $575,000 -4.0% $87 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $599,000 -- $90 / 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 $14,389 $668,839 $47,348 $621,491
2024 $14,416 $655,725 $46,420 $609,305
2023 $10,707 $642,868 $45,510 $597,358
2022 $10,189 $630,264 $44,618 $585,646
2021 $9,981 $617,907 $43,744 $574,163
2020 $9,661 $611,572 $43,296 $568,276
2019 $9,571 $599,582 $42,448 $557,134
2018 $9,172 $587,826 $41,616 $546,210
2017 $8,937 $576,300 $40,800 $535,500
2016 $7,844 $475,000 $45,000 $430,000
2015 $7,291 $450,000 $40,000 $410,000
2014 $6,640 $400,000 $35,000 $365,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CH16069408

California Regional Multiple Listing Service (CRMLS)

APN: 031-140-081

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