$399,900 Price Analysis    ♡   Oroville, CA 95966 5 bed 3 bath 2,000 SqFt ($199/SqFt) 0.64 acre lot. Built 1969 Listed 2024-05-03, Taxes $2,532 | ✓ USDA Eligible near Oroville, CA |
TWO HOMES on ONE LOT!
An opport unity like this does not come around too often. A fantastic home owning and rental income opportunity for the investment minded Buyer is ready for you Right Now! Got a big family or combining families? Check this out too! Two homes on one lot sitting on .64 of an acre located in the foothills of Oroville away from the busy life of town. The front home measures approximately 1200 square feet with 3 bedrooms 2 Bathrooms, with the upstairs bathroom serving the master bedroom. You'll find lots of light in all the bedrooms plus a view in the upstairs rooms.
The kitchen, bathrooms, flooring and paint have been recently updated so you'll get a fresh home feeling the moment you walk in. The homes have been well maintained throughout the years. The second home is two bedrooms and one bathroom measuring approximately 800 square feet and als has been recently updated. It features a welcoming front deck, a extraordinary room style floor plan with the living room and kitchen openly connected together, inside laundry room and a private backyard. The rear home currently rents for $1250 per month (with an estimated potential of $1500 per month), the front has an estimated potential to receive $2000 per month.
Presented by Michael P Daly at
REMAX Of Chico.
Property MLS #224046643 from MetroList
Heating Features: Propane, Wall Furnace
Lot Dimensions Source: Acres
Lot Size Acres: 0.64
Lot Size Square Feet: 27878
Parking Features: Uncovered
Parking Total: 8
Calculated Total Monthly Association Fees: 0
Number of 2 Bedroom Units: 1
Number of 3 Bedroom Units: 1
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 8
Total Rooms in Unit-2: 6
Unit-1 Square Feet: 1200
Unit-2 Square Feet: 800
Unit 1 Total Actual Rent: 2000
Unit 2 Total Actual Rent: 1250
High School District: Oroville Union
Middle or Junior School District: Oroville City
Map directions Map directions Map directions Map directionsIncome Includes: Rent Only
Lease Term: Month To Month
Number of Units Leased: 1
Tenant Pays: Electricity, Gas
Yard Space
Annual Tax Amount: 2532
Source Listing Status: Active
County: Butte
Cross Street: Old Olive Hwy
Directions: Hwy 162 East, Right on Old olive Hwy, Left on Lost Horizon.
Disclaimer: All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Copyright 2024, MetroList Services, Inc. Any offer of compensation in the real estate content on this site is made exclusively to Broker Participants of the MetroList MLS & Broker Participants of any
Source Property Type: Residential Income
Insurance Expense: 8100
Area: 12569
Source Neighborhood: 12569
Parcel Number: 072062007
Postal Code Plus 4: 8802
Zoning: RR-5
Property Subtype: House(s)
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $165,159 + $61,485 $226,644 | $2,532 |
| 2022 | $161,921 + $60,280 $222,201 | $2,448 |
| 2021 | $158,747 + $59,099 $217,846 | $2,403 |
| 2020 | $157,120 + $58,494 $215,614 | $2,404 |
| 2019 | $154,040 + $57,348 $211,388 | $2,367 |
| 2018 | $151,020 + $56,224 $207,244 | $2,339 |
| 2017 | $110,000 + $60,000 $170,000 | $1,899 |
| 2016 | $75,000 + $60,000 $135,000 | $1,525 |
| 2015 | $90,000 + $45,000 $135,000 | $1,466 |
| 2014 | $90,000 + $50,000 $140,000 | $1,566 |
| 2013 | $90,000 + $50,000 $140,000 | $1,519 |
| 2012 | $90,000 + $50,000 $140,000 | $1,536 |
| 2010 | $134,125 + $49,938 $184,063 | $1,985 |
| 2009 | $133,440 + $49,683 $183,123 | $1,988 |
| 2009 | $133,123 + $49,565 $182,688 | $1,988 |
| 2008 | $130,824 + $48,709 $179,533 | $1,909 |
| 2007 | $128,259 + $47,754 $176,013 | $1,871 |
$399,900
CRMLS
Price Changed 2024-06-05
$399,900
CRMLS
Price Changed 2024-06-05
$399,900
MetroList
Price Changed 2024-06-05
$399,900
MetroList
Listed 2024-05-03
$449,900
MetroList
Listed 2024-05-03
$449,900
MetroList
Listed 2024-05-01
$449,900
CRMLS
Listed 2024-05-01
$449,900
CRMLS
Sold 2003-10-31
$159,000
Public Record
Operating Expense: 11532
Operating Expense Includes: Property Tax, Insurance, Trash
Sewer: Septic System, Septic Connected
Propane
Electric
Water Source: Well
Construction Materials: Wood
Foundation Details: Concrete Perimeter
Levels: One, Two
Property Age: 55
Property Condition: Updated/Remodeled
Roof: Roof Description:Composition
Structure Type: Duplex
House Style: A-Frame, Ranch
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.