NOT LISTED FOR SALE

1015 Lorraine Dr Redding, CA 96002

Enterprise Neighborhood

Estimated Value: $328,000 - $371,000

4 Beds
2 Baths
1,904 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $170,000 $89 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,115/month

173 Days on Market

Highlights

  • Parking available for a boat
  • No HOA
  • Whole House Fan
  • Traditional Architecture
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of October 2019

Wonderful opportunity for an investor or sweat equity!
New exterior paint in the last two years.
Great location! Less than a mile to S. Bonnyview and I-5.
Near schools, parks, and places of worship.
Large home with living room, family room w/fireplace insert, 4 bed, 2 bath, inground pool.

Needs flooring, dishwasher, and TLC.

Do not disturb the tenants.
Home is sold as-is.
Buyer to verify This home has potential!
Perfect for a rental with the 4 bedrooms or a large family.

-1904 SQ FT
-Gunite inground pool
-Double Sinks in guest bath
-His & Hers walk in closets in Master
-LARGE Bedrooms
-Fireplace insert
-Family room
-Living room
-Nice size backyard for entertaining or parties
-Located in Stone Subdivision

Fourth bedroom is a well done, garage conversion.
Assessor's office states 4 bedrooms.

Last Agent to Sell the Property

Steven Chain

Chain Real Estate Investments & Mortgage License #01870567 Listed on: 09/30/2019

Last Buyer's Agent

Sandra Dole

Shasta Sotheby's International Realty License #01895252

Shasta Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Property is Fully Fenced

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Raised Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Off-Street Parking
  • Parking available for a boat

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Schools

  • Lassen View Elementary School
  • Parsons Middle School
  • Enterprise High School

Utilities

  • Whole House Fan
  • Forced Air Heating and Cooling System
  • Wood Insert Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 068-260-078-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Bathroom Marble: None
  • Bonds HOA: None
  • Directions: I-5 to S.Bonnyview Exit North on Churn Creek R. on Lorraine
  • Electric Public Location: Overhead
  • Fireplace Insert: Wood
  • Kitchen Fuel Source: Electric
  • Misc Amenities Gutters: Full
  • Misc Amenities Laundry: Hook-ups
  • Prop. Type: Residential
  • Year Built: 1967
  • Lot Size Acres: 0.27
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sha.1073
  • Co List Office Phone: 530-347-6122
  • Architectural Style: Traditional
  • Reso Interior Features: Eat-in Kitchen, Storage
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: 30+
  • Misc Amenities Fenced2: Full
  • Water:Public: Yes
  • PoolGunite: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: None
  • Construction Type: Brick, Lap Siding, T1-11
  • Foundation Details: Raised
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Parking Features: Off Street, Converted Garage, Boat
  • ParkingOffStreet: Yes

Utilities

  • Electric: Public Location, Public
  • Sewer: Sewer
  • Cooling: Central Air, Whole House Fan
  • Heating: Forced Air, Wood Stove
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Lassen View
  • High School: Enterprise
  • Middle Or Junior School: Parsons

Lot Info

  • Parcel #: 068-260-078-000
  • Lot Dimensions: 11,592
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Oct 16, 2019
Sold by
Mcgowan Wendell Dale and Mcgowan Lauretta Gay
Bought by
Dole Rodney and Dole Sandra Marie
Seller's Agent
Steven Chain
Chain Real Estate Investments & Mortgage
Buyer's Agent
Sandra Dole
Shasta Sotheby's International Realty
List Price
$254,000
Sold Price
$170,000
Premium/Discount to List
-$84,000
-33.07%
Current Estimated Value
$370,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,012
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
Oct 18, 2002
Sold by
Mcgowan Wendell Dale and Mcgowan Lauretta Gay
Bought by
Mcgowan Wendell Dale and Mcgowan Lauretta Gay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dole Rodney $170,000 Fidelity Natl Ttl Co Of Ca
Mcgowan Wendell Dale -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgowan Wendell Dale $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2019 10/18/19 Sold $170,000 -33.1% $89 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $254,000 -- $133 / 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 $2,035 $185,915 $49,212 $136,703
2024 $2,007 $182,271 $48,248 $134,023
2023 $2,007 $178,698 $47,302 $131,396
2022 $1,950 $175,195 $46,375 $128,820
2021 $1,884 $171,761 $45,466 $126,295
2020 $1,875 $170,000 $45,000 $125,000
2019 $1,759 $164,397 $31,167 $133,230
2018 $1,737 $161,174 $30,556 $130,618
2017 $1,766 $158,014 $29,957 $128,057
2016 $1,651 $154,917 $29,370 $125,547
2015 $1,636 $152,591 $28,929 $123,662
2014 $1,623 $149,603 $28,363 $121,240
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steven Chain

    Chain Real Estate Investments & Mortgage

    Section Image
  • Sandra Dole

    Buyer's Agent in 2019

    Sandra Dole

    Shasta Sotheby's International Realty

    (707) 312-4699

    138 Total Sales

    Sandra Dole
    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 19-1820

Shasta Association of REALTORS®

APN: 068-260-078-000

California Shasta County Redding 96002 Enterprise

1015 Lorraine Dr, Redding, CA

Not Listed for Sale

MultiFamily

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