Welcome to 5235 Black Olive Drive, a spacious .47-acre parcel with a rich history—previously home to three single-family residences and two septic systems. Located in desirable Lower Paradise, this lot offers easy access to downtown restaurants, shops, and professional offices, making it an ideal location for your next project.
Paradise is a community on the rise, with a growing number of amenities and attractions. Enjoy the Terry Ash Center, Community Park, and Golden Nugget Museum, or experience live entertainment at the Center for the Performing Arts. Plus, recent road improvements have enhanced the area’s infrastructure, making travel even more convenient.
For commuters, Black Olive Drive is just minutes from the Skyway, providing a direct route to Chico and surrounding cities. Now is the perfect time to invest in the future of Paradise. Don’t miss this opportunity to be part of its exciting revitalization!
Sold for $30,000
Listed by: Coldwell Banker Select Real Estate • Michael Fortino • Contact: 530-895-1545
Bought with: Coldwell Banker Select Real Estate
$30,000
5235 Black Olive Dr, Paradise, CA 95969
--beds
--baths
0.47Acres
Unimproved Land
Built in ----
0.47 Acres Lot
$-- Zestimate®
$--/sqft
$1,656 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,656/mo
Zestimate® history
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$202/mo
Est. payment
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Est. payment
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Recent road improvements
Zillow last checked:
Listing updated:
Listed by:
Michael Fortino DRE #00596793 530-518-8950,
Coldwell Banker Select Real Estate,
Jennifer Fortino DRE #01755778,
Coldwell Banker Select Real Estate
Bought with:
Michael Fortino, DRE #00596793
Coldwell Banker Select Real Estate
Jennifer Fortino, DRE #01755778
Coldwell Banker Select Real Estate
Source: CRMLS,MLS#: SN25074174
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Property
Features
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.47 Acres
- Features: Value In Land
Details
- Parcel number: 052250035000
- Zoning: TR1/3
- Special conditions: Standard
Utilities & green energy
- Sewer: Unknown
- Water: See Remarks
- Utilities for property: See Remarks
Community & HOA
Community
- Features: Urban
Location
- Region: Paradise
Financial & listing details
- Tax assessed value: $35,000
- Annual tax amount: $453
- Date on market: 4/4/2025
- Cumulative days on market: 80 days
- Listing terms: Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2025 | Sold | $30,000-20.8% |
Source:  CRMLS #SN25074174 Report a problem | ||
| 6/25/2025 | Pending sale | $37,900 |
Source: CRMLS #SN25074174 Report a problem | ||
| 4/4/2025 | Listed for sale | $37,900-81% |
Source: CRMLS #SN25074174 Report a problem | ||
| 6/16/2004 | Sold | $200,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $453 -0.3% | $35,000 |
| 2024 | $455 -11.9% | $35,000 -12.5% |
| 2023 | $516 -9.5% | $40,000 -11.1% |
| 2022 | $570 +61.9% | $45,000 +80% |
| 2021 | $352 +3.2% | $25,000 |
| 2020 | $342 +0% | $25,000 |
| 2019 | $341 -79% | $25,000 -90% |
| 2018 | $1,629 -39% | $249,901 +2% |
| 2017 | $2,672 +3.5% | $245,002 +2% |
| 2016 | $2,582 +3.4% | $240,199 +1.5% |
| 2015 | $2,498 | $236,592 +2% |
| 2014 | $2,498 | $231,959 +0.5% |
| 2013 | -- | $230,911 +4% |
| 2011 | -- | $221,947 +0.8% |
| 2010 | -- | $220,289 -0.2% |
| 2009 | -- | $220,814 +2% |
| 2008 | -- | $216,485 +2% |
| 2007 | -- | $212,241 +2% |
| 2006 | -- | $208,080 +2% |
| 2005 | -- | $204,000 +35.6% |
| 2004 | -- | $150,450 +1.9% |
| 2003 | -- | $147,693 +2% |
| 2002 | -- | $144,798 +2% |
| 2001 | -- | $141,960 |
Find assessor info on the county website
Neighborhood: 95969
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Nearby schools
GreatSchools rating
- NAParadise Elementary SchoolGrades: K-5Distance: 0.9 mi
- 5/10Paradise Intermediate SchoolGrades: 7-8Distance: 0.8 mi
- 7/10Paradise Senior High SchoolGrades: 9-12Distance: 1.1 mi
- California
- Butte County
- Paradise
- 95969
- 5235 Black Olive Dr
Nearby cities
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