Seller's Agent in 2024
Nathan Cross
eXp Realty of California, Inc.
(530) 999-1773
53 Total Sales
1021 Lincoln St Red Bluff, CA 96080
3
Beds
1
Bath
1,500
Sq Ft
0.32
Acres
Highlights
- Wood Burning Stove
- High Ceiling
- Fireplace
- Victorian Architecture
- No HOA
- In-Law or Guest Suite
About This Home
As of November 2024Historic Home and 6 Workshops with swimming pool and detached garage.
Prime Investment Property: Distinctive Early 1900s Victorian Estate with Secondary Home and Historic Workshops
This is a rare opportunity to own a piece of history while securing a high-potential investment. The primary Victorian residence, rich in architectural charm and original details, is complemented by a secondary home built in 1945, offering immediate rental income potential.
Dual Residences for Maximum Income
With two separate homes on one lot, this property allows for flexible living arrangements and immediate rental income. Live in one home and rent out the other, or lease both properties to maximize your returns. Both home are move-in ready and perfect for tenants.
Six historic workshops provide additional revenue opportunities. These versatile spaces can be converted into an ADU, artist studios, or storage, appealing to a wide range of tenants. Their unique character adds significant value and charm, attracting premium rental rates.
Desirable Amenities for Tenants
The in-ground swimming pool and game room enhance the property's appeal, offering recreational options that tenants will love. These amenities increase the property's attractiveness and potential rental income.
Future Potential and Flexibility
This unique estate offers endless investment possibilities. The flexible nature of the property ensures it can adapt to various investment strategies, from short-term rentals to long-term leasing. Take advantage of this rare chance to invest in a truly exceptional property and build a robust investment portfolio.
Last Agent to Sell the Property
eXp Realty of California, Inc. License #02082647 Listed on: 03/20/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $286
Year Built
- Built in 1916
Lot Details
- 0.32 Acre Lot
- Sprinkler System
Home Design
- Victorian Architecture
- Property Attached
- Brick Foundation
- Raised Foundation
- Wood Siding
Interior Spaces
- 1,500 Sq Ft Home
- 2-Story Property
- Wet Bar
- High Ceiling
- Fireplace
- Wood Burning Stove
- Washer and Dryer
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
- 1 Full Bathroom
Eco-Friendly Details
- Green Energy Fireplace or Wood Stove
Utilities
- Evaporated cooling system
- Window Unit Cooling System
- Heat Pump System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 029-291-004-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 20, 2024
Closed on
Dec 10, 2024
Sold by
Yates Steven and Yates Joyce A
Bought by
Steven And Joyce Yates Revocable Trust
Seller's Agent
Nathan Cross
eXp Realty of California, Inc.
Buyer's Agent
Joyce A. Yates
The Virtual Realty Group
List Price
$422,000
Sold Price
$182,000
Premium/Discount to List
-$240,000
-56.87%
Views
143
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,781
Avg. Annual Appreciation
7.72%
Original Mortgage
$136,500
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2024
Closed on
Oct 18, 2024
Sold by
Thiel Kathryn Jean
Bought by
Yates Steven and Yates Joyce A
Seller's Agent
Nathan Cross
eXp Realty of California, Inc.
Buyer's Agent
Joyce A. Yates
The Virtual Realty Group
List Price
$422,000
Sold Price
$182,000
Premium/Discount to List
-$240,000
-56.87%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 1, 2015
Sold by
Thiel Jay August and Thiel Kathryn Jean
Bought by
Thiel Jay August and Thiel Kathryn Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
3.97%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $182,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Placer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $136,500 | New Conventional | |
| Previous Owner | $146,500 | New Conventional | |
| Previous Owner | $162,400 | Unknown | |
| Previous Owner | $19,000 | Stand Alone Second | |
| Previous Owner | $50,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2024 11/04/24 | Sold | $182,000 | -9.0% | $121 / Sq Ft |
| 10/17/2024 10/17/24 | Price Changed | $200,000 | -41.2% | $133 / Sq Ft |
| 09/03/2024 09/03/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | Price Changed | $340,000 | -6.8% | $227 / Sq Ft |
| 05/15/2024 05/15/24 | Price Changed | $365,000 | -3.9% | $243 / Sq Ft |
| 03/30/2024 03/30/24 | Price Changed | $380,000 | -10.0% | $253 / Sq Ft |
| 03/20/2024 03/20/24 | For Sale | $422,000 | -- | $281 / Sq Ft |
Source: Shasta Association of REALTORS®
Tax History Compared to Growth
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 | $286 | $182,000 | $50,000 | $132,000 |
| 2023 | $280 | $33,340 | $8,211 | $25,129 |
| 2022 | $277 | $32,687 | $8,050 | $24,637 |
| 2021 | $265 | $32,047 | $7,893 | $24,154 |
| 2020 | $269 | $31,720 | $7,813 | $23,907 |
| 2019 | $270 | $31,099 | $7,660 | $23,439 |
| 2018 | $248 | $30,490 | $7,510 | $22,980 |
| 2017 | $249 | $29,893 | $7,363 | $22,530 |
| 2016 | $232 | $29,308 | $7,219 | $22,089 |
| 2015 | -- | $28,869 | $7,111 | $21,758 |
| 2014 | $222 | $28,304 | $6,972 | $21,332 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Cross
-
Joyce A. Yates
J
Buyer's Agent in 2024
Joyce A. Yates
The Virtual Realty Group
(831) 676-7844
4 Total Sales
-
Donna Morris
Buyer Co-Listing Agent in 2024
Donna Morris
The Virtual Realty Group
(530) 510-1912
22 Total Sales
Map
Source: Shasta Association of REALTORS®
MLS Number: 24-1129
APN: 029-291-004-000
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