1640 7Th Ave, Oroville, CA 95965
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1640 7Th Ave Oroville, CA 95965

$530,000 Sold Price as of 02/15/2023
  • 8 Beds
  • 7 Baths
  • 4,171 Sq.Ft.
Sold
$530,000 Sold Price as of 02/15/2023 Refinance Your Mortgage

Map preview of 1640 7Th Ave, Oroville, CA 95965

Property Overview: 1640 7Th Ave Oroville, CA has 8 bedrooms, 7 bathrooms, 4,171 living square feet and 15,246 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Your hunt for the ideal investment opportunity is over—Check out these 6 units! #683 & #685 (Blue) offer 2 bedroom, 1.5 bathroom townhouse style units with ample fenced yards. #681 (Red) & #679 (Yellow) are darling 1 bedroom, 1 bathroom cottages. Plus an additional duplex, #675 & #677 (Green) features (2) 1 bedroom, 1 bathroom units. Tenants enjoy the great location & convenience of being close to schools and shopping. Snatch these colorful cuties up before they're gone!

Listed by Steve Depa | BRE #00813533 | Re/Max of Chico
Last checked: 15 minutes ago | Last updated: February 15th, 2023 | Source CRMLS | DOM: 138

Home details

Lot Sq. Ft
15,246
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SN22176435
City
Oroville
County
Butte
Time on Site
617 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 4
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 6
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $680
  • Total Rent: $8,160
  • Pro Forma/Market Rent: $850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $680
  • Total Rent: $8,160
  • Pro Forma/Market Rent: $850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,005
  • Total Rent: $12,060
  • Pro Forma/Market Rent: $1,150
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $815
  • Total Rent: $9,780
  • Pro Forma/Market Rent: $850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $16,800
  • Pro Forma/Market Rent: $1,450
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $815
  • Total Rent: $9,780
  • Pro Forma/Market Rent: $850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $64,680
  • Net Operating Income: $49,422
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,258
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,448
  • Trash: $0
  • Insurance: $2,000
  • Professional Management: $4,210
  • Water/Sewer: $1,600

Property Details for 1640 7Th Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • See Remarks, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 012173002000
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: On High st between 7th & 8th Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Oroville Agent

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Sale History for 1640 7Th Ave

Last sold for $530,000 on February 15th, 2023
  • February, 2023

  • Feb 15, 2023

    Date

    Sold

    CRMLS: SN22176435

    $530,000

    Price

  • Aug 11, 2022

    Date

    Active

    CRMLS: SN22176435

    $665,000

    Price

  • December, 2016

  • Dec 30, 2016

    Date

    Sold (Public Records)

    Public Records

    $25,000

    Price

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Tax History for 1640 7Th Ave

Assessed Value (2020): $265,117
Year Land Value Improved Value Assessed Value
2020 $53,060 $212,057 $265,117

Home Value Compared to the Market

This property vs the competition

1640 7Th Ave sold on February 15, 2023 for 133.79% higher than the current median sold price for the city of Oroville which is $254,500. The median sold price per/sqft for Oroville is $176 and this home is sold at $142.65 per/sqft which puts the price per square foot 18.95% lower than the current median sale per square foot for the city of Oroville.

About 1640 7Th Ave

Detailed summary of property

1640 7Th Ave is a multi family that recently sold in Oroville, CA 95965. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 4,171 living square feet, and sits on an approximately 15,246 square foot lot. 1640 7Th Ave was first listed on ArdentRealEstateGroup.com on August 11, 2022. The homeowner sold the property for $530,000. Home in Oroville are selling for a median price of $254,500 and a median price per square foot of $176. Based on Ardent Real Estate Group's Oroville Market Data, this home is sold 133.79% higher than the current median priced home. Local homes that are currently for sale include 110 W 48th St, 219 W 51st St and 1549 E 33rd St. While the average home in Oroville, CA is selling in 78 days, 1640 7Th Ave has a days on market of 138 days. There are currently 127 homes for sale in the Oroville real estate market and 127 of them are single family homes while 0 of them are condos and 0 are townhomes. For more information on this home for sale at 1640 7Th Ave Oroville, CA 95965 contact Ardent Real Estate Group and we will put you in touch with one of our Oroville agents.

Public Facts for 1640 7Th Ave

Public county record property details
Beds
1
Baths
1
Year built
1945
Sq. Ft.
4,171
Lot Size
15,245
Stories
1
Type
Residential Income (General) (Multi-Family)
Pool
No
Spa
No
County
Butte
Lot#
--
APN
012-173-002-000

The source for these homes facts are from public records.

95965 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$339,900
Median List Price/Sq.Ft.
$263
Median Sold Price
$230,000
Median Sold Price/Sq.Ft.
$176
Total Inventory
40
Median Sale to List Price %
86.79%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (21.43%), VA (0%), Cash (50%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.