
Oroville, California 95966
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $440,000—positioned above the $416,398 Fair Market Value. While priced at a premium, the property offers a rare, assumable 2.5% interest rate, significantly reducing long-term carrying costs. With a Condition Rating of 4, the home features recent cosmetic updates and a large 10,019 sq ft lot with a covered patio. This unique financing structure makes it a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term affordability in the Oroville Union district.
Property is moderate renovation needed.
Built in 1978, this 46-year-old home has received some recent cosmetic updates including fresh interior paint, newer living room flooring, and 3-year-old kitchen appliances. However, the bathrooms appear dated with original-style cabinetry, and the climate control systems (wall heater and evaporative cooling) are older, less efficient technologies. While functional and move-in ready, the property requires modernization of the wet areas and systems to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1150.
The property features a rare assumable 2.5% interest rate for qualified buyers, providing a significant competitive advantage and lower monthly carrying costs in the current market.
The home is move-in ready with fresh interior paint, newer flooring in the living room, and kitchen appliances that are only three years old.
The reliance on a wall heater and evaporative cooling instead of a modern central HVAC system may be a drawback for buyers seeking precise temperature control.
At 1,150 square feet for a 3-bedroom, 2-bath configuration, the interior layout may feel somewhat constrained for families requiring more spacious common areas.
3-bedroom, 2-bath home offering 1,150 sq ft with a traditional floor plan and a rare assumable 2.5% interest rate for qualified buyers. Current monthly payment is approximately $2,313. Features include newer flooring in the living room, fresh interior paint, and kitchen appliances that are only 3 years old. Heating is provided by a wall heater, with evaporative cooling for added comfort. The nice-sized backyard includes a large covered patio, providing ample outdoor living space. Conveniently located just outside the town center with easy access to local amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,150 | 1,446 |
| Lot Size | 10,019 | 10,890 |
| Price | $440.0K | $317.2K |
| Price per sq ft | $383 | $217 |
| Built year | 1978 | 1963 |
| HOA | $0 | $36 |
| Days on market | 38 | 68 |
Jun 14, 2026
$440,000
Initial Listing
Apr 11, 2022
$340,000
Public Record