
Oroville, California 95966
This Single Family Residence is a Strong Value Opportunity, listed at $206,000—positioned well below the $226,042 Fair Market Value by 8%. This valuation gap offers $20,042 in Instant Equity for the buyer. With a Condition Rating of 4, the property features a spacious 0.20-acre lot and detached two-car garage, providing significant potential for value-add renovations. While the infrastructure reflects its 1920s origin, the layout offers functional, open-concept living. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a property with immediate upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2778 Mitchell Avenue Subject | $206,000* List Price | 3 | 2 | 1,304 | $173 | - |
A 110 Acacia Sold | $240,000 | 2 | 2 | 1,290 | $186 | 0.8 mi |
B 2090 Wilcox Active | $230,000 List Price | 3 | 2 | 1,525 | $151 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features some cosmetic updates like newer laminate flooring and fresh paint, it is a 1920s build with a kitchen that remains dated (oak cabinetry and older vinyl flooring likely over 20 years old). The property lacks modern central HVAC, utilizing evaporative cooling instead, and the exterior landscaping and fencing show signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1304.
Listed at $206,000, the property is priced significantly below its 2020 sale price of $225,500, offering a rare opportunity for immediate equity or a high-yield investment.
This 1920s home features timeless charm with decorative columns, a welcoming covered front porch, and an open-concept layout that blends vintage aesthetics with modern functionality.
Built in 1920, the home may require ongoing maintenance or updates to aging systems and structural components typical of properties over 100 years old.
The property utilizes evaporative cooling rather than a modern central HVAC system, which may be less effective during the peak heat of Oroville summers.
Character, space, and opportunity come together in this inviting 3-bedroom, 2-bath home situated on a spacious 0.20-acre lot. Built in 1920 and offering 1,304 square feet of living space, this property features a functional floor plan, generous outdoor areas, and classic architectural charm that make it a wonderful place to call home. From the welcoming covered porch to the detached two-car garage, this property delivers comfort, flexibility, and value. Step inside to discover a bright and open living area with abundant natural light and attractive flooring throughout the main spaces. Decorative columns create visual interest while defining the living and dining areas, adding a touch of timeless character to the home’s interior. The open-concept feel allows for comfortable everyday living and entertaining. The kitchen offers a practical layout with ample cabinetry, generous counter space, and easy access to the dining area. Whether preparing daily meals or entertaining guests, the kitchen provides functionality and convenience. Nearby laundry space enhances efficiency, while ceiling fans and evaporative cooling contribute to year-round comfort. The windows throughout the home bring in natural light and create a warm, inviting atmosphere. All three bedrooms offer comfortable accommodations with flexibility for guests, office space, hobbies, or additional household needs. Two bathrooms provide convenience and functionality, making the home well suited for a variety of living arrangements. The layout is designed to maximize usability while maintaining an open and comfortable flow between rooms. The outdoor space offers incredible potential with a fenced yard, and room for recreation, gardening, or pets. The detached two-car garage provides excellent storage and parking options, while the lot size offers additional flexibility for outdoor enjoyment. The covered front porch creates the perfect setting for morning coffee or relaxing evenings outdoors. Ideally located near schools, parks, shopping, restaurants, and other local amenities, this home offers convenience along with charm and potential. Whether you are a first-time buyer, investor, or someone looking for a property with room to personalize, this home presents a fantastic opportunity. Enjoy the combination of classic style, functional living space, and a large lot in this inviting property ready for its next chapter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,304 | 1,470.5 | 38% |
| Lot Size | 8,712 | 15,899.2 | 33% |
| Price | $206.0K | $322.0K | 18% |
| Price per sq ft | $158 | $214 | 15% |
| Built year | 1920 | 1974 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 161 | 2% |
Jun 1, 2026
$206,000
Initial Listing
Sep 8, 2020
$225,500
Public Record
Apr 29, 2014
$118,000
Public Record
Jul 30, 2009
$114,000
Public Record
Jun 23, 2006
$215,000
Public Record