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5315 Margo Lane

5315 Margo Lane, Oroville, CA 95966
Property in Butte
Sold Jun 13, 2017
$130,000
$145,000 by Bank Of The West
Mortgage Due Oct 01, 2051
Sold Sep 21, 2007
$219,000
$29,348 by Hardeep K Singh
Mortgage
5315 Margo Lane in Oroville, CA was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 5315 Margo Lane has 1,130 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 320 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jun 9, 2017 for $130,000. That's $115.04 per sqft. Prior to that sales transaction, the property was also sold in Sep 17, 2007 for $219,000. 5315 Margo Lane was last assessed in 2022. The total value of the property was assessed at $142,170. Specifically, the land the property is located on was valued at $49,212. While improvements on the property were assessed at a total of $92,958. 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 $1,547. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Modern
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 320
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,130
  • Gross Building Area: 1,130
  • Building Area: 1,130
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,130
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRESTWOOD 02
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5315 MARGO LN

Ownership

  • Current Owner : PIERCE LARRY
  • Previous Owner : BARTLETT TERRY A
  • Previous Owner 2: BARTLETT VIRGINIA L
  • Owner Before Previous Owner: SAECHAO CHIAW M
  • Owner Before Previous Owner 2: SAECHAO NAI L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Oroville City Elementary School District
  • Census Tract: 003002

Zoning

  • Zoning: R1

Geography

  • Parcel: 035-420-010-000
  • Lot: 136
  • Latitude: 39.4838
  • Longitude: -121.544

    Address

  • Full Address: 5315 Margo Ln
  • Address - House Number: 5315
  • Address - Street Name: Margo
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Oroville
  • Carrier Code: C021
  • 4-Digit Zip Code: 6960
  • Zip Code: 95966

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,547
  • Tax Rate Code Area: 091008

    Appraisal Valuation

  • Standard Deviation: 0.4338
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 13
  • Final Value: 153,301
  • High Value: 219,810
  • Low Value: 86,791

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $145,000
  • 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: $142,170
  • Assessed Land Value: $49,212
  • Assessed Improvements Value: $92,958

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2017
  • Current Sale Recording Date: Jun 13, 2017
  • Current Sale Transaction ID: 1589483692
  • Current Sale Price: $130,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0020318
  • Previous Sale Recording Date: Sep 21, 2007
  • Previous Sale Contract Date: Sep 17, 2007
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANC OF CALIFORNIA NA
  • First Mortgage Transaction Date: Jun 13, 2017
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: HARDEEP K SINGH
  • Previous Mortgage Transaction Date: Sep 21, 2007
  • Previous Mortgage Loan Amount: $29,348
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Oroville



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Frequently Asked Questions

What neighborhood is 5315 Margo Lane located in?
The 5315 Margo Lane is a located in the neighborhood of Butte in South Oroville, Oroville.
What is the average sales price for listings in 5315 Margo Lane?
The average sales price for units in 5315 Margo Lane is $0 currently.

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