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1563 Montgomery Street

1563 Montgomery Street, Oroville, CA 95965
Multifamily in Butte
1563 Montgomery Street has been categorized by the local assessors in Oroville, CA as a residential type of property. The building on the property was first built in 1902 and is 122 years old. However, we must point out that the home was most recently renovated and altered in 1960. The home has a total of 15 rooms. 6 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1563 Montgomery Street has 4,216 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,534 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing floor/wall heating system and being fueled with wood. The building on the property is connected to a sewer system. The property was last sold in Sep 24, 2021 for $430,000. That's $101.99 per sqft. Prior to that sales transaction, the property was also sold in Jun 12, 2018 for $261,500. 1563 Montgomery Street was last assessed in 2022. The total value of the property was assessed at $430,000. Specifically, the land the property is located on was valued at $85,000. While improvements on the property were assessed at a total of $345,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $7,131. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Assigned Parking
Off Street Parking
Unassigned Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210805
08/05/2021
6 Bed
4 Bath
4216 ft²
$429,900
bedrooms
6 Bed
bathrooms
4 Bath
square feet
4216 ft²
$430,000 +0.02%
10/01/2021
Marisa Bauer
Keller Williams Realty Chico Area
20200128
01/28/2020
Studio
-
-
$399,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Floor Count: 2
  • Living Units: 4
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 4,216
  • Gross Building Area: 4,216
  • Building Area: 4,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 4,216
  • Heating Fuel Type: Wood

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY/OROVILLE
  • Land Acres: 0.15
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: 1563 MONTGOMERY ST

Ownership

  • Current Owner : SCHMIDT JOHNATHAN W
  • Current Owner 2: SCHMIDT JONATHAN W
  • Previous Owner : BRISTOW LISA M
  • Previous Owner 2: CRESS GREGORY M
  • Owner Before Previous Owner: SIERRA ASSET INVESTMENTS LLC
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Thermalito Union School District
  • Census Tract: 002800

Zoning

  • Zoning: R3

Geography

  • Parcel: 012-081-013-000
  • Block: 6
  • Lot: 2
  • Latitude: 39.5122
  • Longitude: -121.56

    Address

  • Full Address: 1563 Montgomery St
  • Address - House Number: 1563
  • Address - Street Name: Montgomery
  • Address - Suffix Type: St
  • State: CA
  • City Name: Oroville
  • Carrier Code: C016
  • 4-Digit Zip Code: 4858
  • Zip Code: 95965

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,131
  • Tax Rate Code Area: 004003

    Appraisal Valuation

  • Standard Deviation: 0.4338
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 269,803
  • High Value: 386,855
  • Low Value: 152,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,500
  • First Open Lien Mortgage Lender: WEST COAST LENDING TEAM
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Loan Amount: $322,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $430,000
  • Assessed Land Value: $85,000
  • Assessed Improvements Value: $345,000

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11860423617
  • Current Sale Price: $430,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0044009
  • Previous Sale Recording Date: Jul 03, 2018
  • Previous Sale Contract Date: Jun 12, 2018
  • Previous Sale Amount: $261,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEST COAST LENDING TEAM
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $322,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FUNDING INC
  • Previous Mortgage Transaction Date: Jul 03, 2018
  • Previous Mortgage Loan Amount: $196,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Oroville



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Nearby Rentals

Unit for rent at

$1 /mo

  • Studio
  • 5,500 ft²
Listing by Chelle Callo
Unit for rent at

$1,800 /mo

  • 5 Beds
  • 2 Baths
  • 1,924 ft²
Listing by Manager
Unit for rent at

$1,475 /mo

  • 2 Beds
  • 1 Bath
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Unit for rent at

$1,375 /mo

  • 2 Beds
  • 1 Bath
  • 1,171 ft²
Listing by Manager
Unit for rent at

$1,350 /mo

  • 2 Beds
  • 1 Bath
  • 768 ft²
Listing by Manager
Unit for rent at

$1,375 /mo

  • 2 Beds
  • 1 Bath
  • 998 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1563 Montgomery Street located in?
The 1563 Montgomery Street is a multifamily located in the neighborhood of Butte in Oroville, Oroville.
What is the average sales price for listings in 1563 Montgomery Street?
The average sales price for units in 1563 Montgomery Street is $429,900 , or $102/sqft. currently.

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