NOT LISTED FOR SALE

1071 Gilbert St Redding, CA 96001

Downtown Redding Neighborhood

Estimated Value: $152,000 - $252,000

3 Beds
2 Baths
720 Sq Ft
$308/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $158,000 $219 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,326/month

7 Days on Market

Highlights

  • Evaporated cooling system
  • Shasta High School Rated A
  • Wood Siding

About This Home

As of September 2019

Great opportunity for income property with the 3 bedroom 2 bath home as well as an over sized lot zoned for multi units! Check with the city but it was zoned RM-20 zoning 4 additional units could be put on this parcel at one time seller was told. Excellent location walking distance to medical center, shopping river trails, and more! Sold As Is.

Last Agent to Sell the Property

Catherine Michael

Venture Properties License #01917972 Listed on: 08/28/2019

Last Buyer's Agent

Kevin Rhoderick

eXp Realty of California, Inc. License #02006923

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,856

Year Built

  • Built in 1900

Lot Details

  • 0.26

Home Design

  • Wood Siding

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 101-420-032-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,856

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: Market to Trinity to Gilbert.
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: On Street
  • Parking:On Street: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 101-420-032-000
  • Lot Dimensions: 11,057
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2019
Closed on
Oct 25, 2019
Sold by
Rosario Sabet Marikit Del
Bought by
Sabet Farzad
Seller's Agent
Catherine Michael
Venture Properties
Buyer's Agent
Kevin Rhoderick
eXp Realty of California, Inc.
List Price
$179,900
Sold Price
$158,000
Premium/Discount to List
-$21,900
-12.17%
Current Estimated Value
$221,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,574
Avg. Annual Appreciation
7.55%
Original Mortgage
$110,600
Outstanding Balance
$97,530
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$148,094

Purchase Details

Closed on
Jan 29, 2004
Sold by
Leung Thomas and Leung Fanny
Bought by
Walker Richard T and Walker Shelley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 1998
Sold by
The May Redding Ltd Partnership
Bought by
May Properties Llc

Purchase Details

Closed on
Nov 25, 1997
Sold by
D & H Investors
Bought by
Crider Farms Ltd Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,820
Interest Rate
7.31%
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
Sabet Farzad -- Placer Title Co
Sabet Farzad $158,000 Placer Title Co
Walker Richard T $100,000 Fidelity National Title Co
May Properties Llc -- --
Crider Farms Ltd Partnership $539,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabet Farzad $110,600
Previous Owner Walker Richard T $70,400
Previous Owner Walker Richard T $80,000
Previous Owner Crider Farms Ltd Partnership $355,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $158,000 -12.2% $219 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $179,900 -- $250 / 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 $1,856 $177,412 $49,212 $128,200
2024 $1,828 $174,025 $48,248 $125,777
2023 $1,828 $170,704 $47,302 $123,402
2022 $1,798 $167,448 $46,375 $121,073
2021 $1,790 $164,256 $45,466 $118,790
2020 $1,764 $158,000 $45,000 $113,000
2019 $1,384 $127,440 $50,973 $76,467
2018 $1,396 $124,942 $49,974 $74,968
2017 $1,164 $102,200 $40,000 $62,200
2016 $1,125 $100,000 $40,000 $60,000
2015 $963 $85,000 $40,000 $45,000
2014 $842 $73,000 $30,000 $43,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Catherine Michael

    Venture Properties

  • K

    Buyer's Agent in 2019

    Kevin Rhoderick

    eXp Realty of California, Inc.

    (530) 515-3761

    98 Total Sales

    Kevin Rhoderick
    Section Image
  • Nate Molter

    Buyer Co-Listing Agent in 2019

    Nate Molter

    eXp Realty of California, Inc.

    (530) 221-7478

    328 Total Sales

    Nate Molter
    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 19-4682

Shasta Association of REALTORS®

APN: 101-420-032-000

California Shasta County Redding 96001 Downtown Redding

1071 Gilbert St, Redding, CA

This home is located at 1071 Gilbert St, Redding, CA 96001 since 28 August 2019 and is currently estimated at $221,574, approximately $307 per square foot. This property was built in 1900. 1071 Gilbert St is a home located in Shasta County with nearby schools including Cypress Elementary School, Sequoia Middle School, and Shasta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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