Conveniently located in the quiet community of Palermo, this 2 bedroom, 1 bathroom stick-built home offers an opportunity for Buyers ready to roll up their sleeves and add value. Situated on 0.26 of an acre, the property features just under 900 square feet of living space, a fenced yard, carport, metal container/detached storage, and an in-home laundry + storage room for added functionality. Enjoy the benefits of country living while still being just a short drive to local stores, schools, and everyday conveniences. The home is serviced by well and septic, helping reduce monthly utility expenses. Priced to reflect its current condition, this property is being sold as-is with cleanup and repairs to be the responsibility of the Buyer. Whether you're an investor, flipper, rental portfolio buyer, or someone looking to create sweat equity, this property offers strong potential at an approachable price point.
Sold for $160,000
Listed by: Century 21 Select Real Estate Inc. • Sheerene Mehrizi • Contact: 530-363-8662
Bought with: eXp Realty of California, Inc.
$160,000
2162 Ludlum Ave, Palermo, CA 95968
2beds
896sqft
Single Family Residence
Built in 1990
0.26 Acres Lot
$159,900 Zestimate®
$179/sqft
$1,467 Estimated rent
Home value
$159,900
$149,000 - $171,000
$1,467/mo
Zestimate® history
Owner options
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$1,467/mo
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$1,467/mo
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$1,043/mo
Est. payment
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$1,043/mo
Est. payment
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Fenced yard
Zillow last checked:
Listing updated:
Listed by:
Sheerene Mehrizi DRE #02054184 530774-3377,
Century 21 Select Real Estate Inc.
Bought with:
Raudel Garcia, DRE #02036420
eXp Realty of California, Inc.
Source: CRMLS,MLS#: OR26108741
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Laundry, Living Room
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Tub Shower
Heating
- Wall Furnace
Cooling
- Evaporative Cooling
Appliances
- Included: Dryer, Washer
- Laundry: Inside, Laundry Room
Features
- Ceiling Fan(s), Furnished, Open Floorplan, Storage, Bedroom on Main Level
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 896 sqft
Property
Parking
- Parking features: Carport, Driveway
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.26 Acres
- Features: Yard
Details
- Additional structures: Storage
- Parcel number: 026183006000
- Zoning: U
- Special conditions: Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Well
Community & HOA
Community
- Features: Lake, Rural
Location
- Region: Palermo
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $133,224
- Annual tax amount: $1,377
- Date on market: 5/19/2026
- Cumulative days on market: 7 days
- Listing terms: Cash
- Inclusions: All personal property
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Sold | $160,000+14.3%$179/sqft |
Source:  CRMLS #OR26108741 Report a problem | ||
| 5/27/2026 | Pending sale | $140,000$156/sqft |
Source: MetroList Services of CA #226064598 Report a problem | ||
| 5/19/2026 | Listed for sale | $140,000+52.2%$156/sqft |
Source: CRMLS #OR26108741 Report a problem | ||
| 11/20/2002 | Sold | $92,000+360%$103/sqft |
Source: Public Record Report a problem | ||
| 1/10/2002 | Sold | $20,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,377 +1.6% | $133,224 +2% |
| 2024 | $1,356 +1.5% | $130,613 +2% |
| 2023 | $1,336 +3.5% | $128,053 +2% |
| 2022 | $1,290 +1.9% | $125,543 +2% |
| 2021 | $1,266 -0.1% | $123,083 +1% |
| 2020 | $1,267 +1.9% | $121,822 +2% |
| 2019 | $1,243 +1.6% | $119,434 +2% |
| 2018 | $1,224 +2.9% | $117,093 +2% |
| 2017 | $1,190 +2.7% | $114,798 +2% |
| 2016 | $1,159 +4.3% | $112,548 +1.5% |
| 2015 | $1,111 | $110,858 +2% |
| 2014 | $1,111 | $108,687 +0.5% |
| 2013 | -- | $108,197 +2% |
| 2012 | -- | $106,076 +2% |
| 2011 | -- | $103,997 +0.8% |
| 2010 | -- | $103,220 -0.2% |
| 2009 | -- | $103,466 +2% |
| 2008 | -- | $101,438 +2% |
| 2007 | -- | $99,450 +2% |
| 2006 | -- | $97,501 +2% |
| 2005 | -- | $95,590 +2% |
| 2004 | -- | $93,716 +1.9% |
| 2003 | -- | $92,000 +502.8% |
| 2002 | -- | $15,263 +2% |
| 2001 | -- | $14,965 |
Find assessor info on the county website
Neighborhood: 95968
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Nearby schools
GreatSchools rating
- 5/10Golden Hills Elementary SchoolGrades: 4-5Distance: 3 mi
- 3/10Palermo SchoolGrades: 6-8Distance: 0.3 mi
- 4/10Las Plumas High SchoolGrades: 9-12Distance: 3.2 mi
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- California
- Butte County
- Palermo
- 95968
- 2162 Ludlum Ave
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