NOT LISTED FOR SALE

1008 Madison St Red Bluff, CA 96080

Estimated Value: $369,778

4 Beds
1 Bath
1,660 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $360,000 $217 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,264/month

259 Days on Market

About This Home

As of October 2023

Commercial office building offers multiple use options. Sits nicely visible on a large corner lot with an adjacent off street parking lot. This ADA accessible office offers high ceilings, comfortable waiting area with a fireplace, a spacious reception office and a large bathroom. 5 office/treatment rooms, break room/lab and ADA bathroom make up the main floor.
Upstairs has 2 more private offices, a full bath and a kitchenette. The functional basement has hook-ups for washer/drye with plenty of storage cabinets. There is also a detached building (approx 635 sf) that has been converted to 2 rooms and a half bath.
Come tour it and imagine all the possibilities.

Last Agent to Sell the Property

Teresa Downey

Coldwell Banker Select Real Estate - Red Bluff License #02003744 Listed on: 11/17/2022

Coldwell Banker Select Real Estate - Red Bluff

Last Buyer's Agent

TRICIA CONNORS

SHINGLETOWN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,742

Parking

  • Off-Street Parking

Home Design

  • Metal Roof

Listing and Financial Details

  • Assessor Parcel Number 029-303-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,742

Lot Details

0

Listing Details

  • Directions: West of Main St/North of Walnut. N/E Corner of Madison & Cedar.
  • Prop. Type: Investment
  • Utilities Sewer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Metal
  • Construction Type: Other

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 029-303-011
  • Lot Size Sq Ft: 0.26
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: RB - C - Commercial
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2022
Closed on
Oct 11, 2023
Sold by
Nandino Family Trust
Bought by
Lifenet Family Resource And Pregnancy Center
Seller's Agent
Teresa Downey
Coldwell Banker Select Real Estate - Red Bluff
Buyer's Agent
Teresa Downey
Coldwell Banker Select Real Estate - Red Bluff
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%
Current Estimated Value
$369,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,778
Avg. Annual Appreciation
0.53%
Original Mortgage
$280,000
Outstanding Balance
$275,060
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$88,685

Purchase Details

Closed on
Aug 1, 2008
Sold by
Nandino Alfred and Nandino Monica M
Bought by
Nandino Alfred and Nandino Monica M

Purchase Details

Closed on
Oct 31, 2002
Sold by
Frantz Timothy and Frantz Kimberli
Bought by
Frantz Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lifenet Family Resource And Pregnancy Center $360,000 Northern California Title
Nandino Alfred -- None Available
Frantz Timothy -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lifenet Family Resource And Pregnancy Center $280,000
Previous Owner Frantz Timothy $114,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $360,000 -7.5% $217 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
11/14/2022 11/14/22 For Sale $389,000 -- $234 / Sq Ft
Source: Shasta Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,742 $367,200 $76,500 $290,700
2023 $2,632 $251,900 $63,250 $188,650
2022 $2,666 $251,900 $63,250 $188,650
2021 $2,375 $229,000 $57,500 $171,500
2020 $2,449 $229,000 $57,500 $171,500
2019 $2,513 $229,000 $57,500 $171,500
2018 $2,371 $229,000 $57,500 $171,500
2017 $3,077 $289,350 $57,500 $231,850
2016 $3,060 $302,150 $57,500 $244,650
2015 -- $312,367 $57,500 $254,867
2014 $3,305 $324,985 $57,500 $267,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 22-5492

Shasta Association of REALTORS®

APN: 029-303-011-000