Seller's Agent in 2024
Aaron Nelson
Real Brokerage Technologies
(530) 921-9291
2 in this area
7 Total Sales
1040 Gold St Redding, CA 96001
Garden Tract Neighborhood
--
Bed
--
Bath
--
Sq Ft
--
Built
About This Home
As of August 2024Unique Garden Tract investment opportunity in quality location. Currently being offered as a package and prefer to sell concurrently. 7 homes on 2 APN's with potential to add a 14-unit modern apartment complex. Qualified opportunity zone. Gross annual rents $109,080. 1040-1054 Gold is 6 homes on one lot. All are approx. 800 SF, 2bd/1bath w/garage, laundry, fenced yards. Separately metered so tenants pay all their own utilities. Low owner expenses. Newer roofs and windows on all homes. 4 homes have new mini-splits and some recent updating. 2 homes have long-term tenants (10+years) and could command higher rents with some updates. 1110 Gold St is a 2bed/2bath stucco house, 1350 SF, detached garage and large lot with development potential. House was extensively updated in 2012. Current gross rents for the 6 homes on one lot = $90,060/year
($1395/month for the houses that have had light remodeling
$962.50/month for the 2 houses with long term tenants that do not have mini-splits or light remodeling like the others.)
Current pro-forma rent for the single family home at 1110 Gold = $19,200 ($1600/month pro-forma. Actual rent is $1250/month because tenant is a family friend who has done work in exchange for rent)
Last Agent to Sell the Property
Real Brokerage Technologies License #01359293 Listed on: 12/18/2023
Last Buyer's Agent
NON MEMBER
Non Member
Property Details
Home Type
- Multi-Family
Home Design
- Stucco
Parking
- Garage
- Off-Street Parking
Community Details
- Garden Tract Subdivision
Listing and Financial Details
- Assessor Parcel Number 102-270-004-000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 18, 2023
Closed on
Aug 14, 2024
Sold by
Bought by
Seller's Agent
Aaron Nelson
Real Brokerage Technologies
Buyer's Agent
NON MEMBER
Non Member
List Price
$1,785,000
Sold Price
$1,550,000
Premium/Discount to List
-$235,000
-13.17%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0695%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 18, 2023
Closed on
Aug 12, 2024
Sold by
Bought by
Seller's Agent
Aaron Nelson
Real Brokerage Technologies
Buyer's Agent
NON MEMBER
Non Member
List Price
$1,785,000
Sold Price
$1,550,000
Premium/Discount to List
-$235,000
-13.17%
Views
44
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
0.0695%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 2019
Sold by
Bought by
Purchase Details
Listed on
Apr 29, 2019
Closed on
Jul 3, 2019
Sold by
Bought by
Seller's Agent
George Potterat
Northstate Real Estate Professionals
Buyer's Agent
Aaron Nelson
Real Brokerage Technologies
List Price
$559,000
Sold Price
$508,000
Premium/Discount to List
-$51,000
-9.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,000
Interest Rate
0.04%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 2, 2009
Sold by
Bought by
Purchase Details
Closed on
Dec 14, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,200,000 | Fidelity National Title | ||
| -- | None Listed On Document | ||
| -- | Placer Title Company | ||
| $508,000 | Placer Title Company | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $550,000 | ||
| Previous Owner | $381,000 | ||
| Previous Owner | $50,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/20/2024 08/20/24 | Sold | $1,550,000 | -6.1% | -- | |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- | |
| 03/28/2024 03/28/24 | Price Changed | $1,650,000 | -2.7% | -- | |
| 02/12/2024 02/12/24 | Price Changed | $1,695,000 | -5.0% | -- | |
| 12/18/2023 12/18/23 | For Sale | $1,785,000 | +251.4% | -- | |
| 07/09/2019 07/09/19 | Sold | $508,000 | -9.1% | -- | View Prior Sale |
| 04/30/2019 04/30/19 | Pending | -- | -- | -- | |
| 04/29/2019 04/29/19 | For Sale | $559,000 | -- | -- |
Source: Shasta Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,365 | $600,000 | $100,000 | $500,000 |
| 2024 | $5,734 | $544,675 | $107,219 | $437,456 |
| 2023 | $5,734 | $533,996 | $105,117 | $428,879 |
| 2022 | $5,639 | $523,526 | $103,056 | $420,470 |
| 2021 | $5,612 | $513,262 | $101,036 | $412,226 |
| 2020 | $5,686 | $508,000 | $100,000 | $408,000 |
| 2019 | $1,153 | $96,502 | $17,472 | $79,030 |
| 2018 | $1,161 | $94,611 | $17,130 | $77,481 |
| 2017 | $1,154 | $92,757 | $16,795 | $75,962 |
| 2016 | $1,120 | $90,939 | $16,466 | $74,473 |
| 2015 | $1,107 | $89,574 | $16,219 | $73,355 |
| 2014 | $1,100 | $87,821 | $15,902 | $71,919 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Nelson
-
N
Buyer's Agent in 2024
NON MEMBER
Non Member
-
George Potterat
Seller's Agent in 2019
George Potterat
Northstate Real Estate Professionals
(530) 224-6700
10 Total Sales
Map
Source: Shasta Association of REALTORS®
MLS Number: 23-4875
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