1112 Burton Dr Redding, CA 96003
Mount Shasta Mall Neighborhood
--
Bed
--
Bath
4,770
Sq Ft
0.28
Acres
Highlights
- Central Air
- Enterprise High School Rated A-
- Garage
About This Home
As of September 2024This 4-Plex represents an exceptional investment in a highly sought-after location, offering three 1190 sqft & one 1287 sqft units, each with 2 bedrooms, 1.5 baths, indoor laundry facilities, and attached garages. The property has been impeccably managed and maintained, ensuring a lucrative opportunity for the new owner. The property enjoys proximity to schools, shopping centers, transportation, and churches, making it highly desirable for tenants seeking convenience and accessibility. Overall, this 4Plex represents an exceptional investment in a highly sought-after location.
Last Agent to Sell the Property
Coldwell Banker Select Real Estate - Redding License #01236173 Listed on: 06/19/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,938
Year Built
- Built in 1987
Home Design
- Stucco
Parking
- Garage
- Off-Street Parking
Utilities
- Central Air
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 071-340-037-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2024
Closed on
Sep 17, 2024
Sold by
Nelson Aaron
Bought by
Nelson Karese
Seller's Agent
Ray Ault
Coldwell Banker Select Real Estate - Redding
Buyer's Agent
Aaron Nelson
Real Brokerage Technologies
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
2
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
$14,923
Avg. Annual Appreciation
1.53%
Original Mortgage
$450,000
Outstanding Balance
$446,237
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$440,507
Purchase Details
Closed on
Oct 28, 2014
Sold by
Knighten Gary L and Knighten Patsy Ann
Bought by
The Gary & Patsy Knighten 1995 Trust and Knighten Patsy Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,304,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 25, 2008
Sold by
Davis David J and Davis Magdalena M
Bought by
Knighten Gary L and Knighten Patsy Ann
Purchase Details
Closed on
Jun 23, 2000
Sold by
Jamey Mazzotta
Bought by
Davis David J and Davis Magdalena M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.53%
Similar Home in Redding, CA
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 | -- | Placer Title | |
| Grant Deed | $875,000 | Placer Title | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity Natl Title Co Of Ca | |
| Grant Deed | $265,000 | Alliance Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $2,304,000 | Purchase Money Mortgage | |
| Previous Owner | $160,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/20/2024 09/20/24 | Sold | $875,000 | -2.7% | $183 / Sq Ft |
| 07/07/2024 07/07/24 | Pending | -- | -- | -- |
| 06/19/2024 06/19/24 | For Sale | $899,000 | +3.9% | $188 / Sq Ft |
| 06/01/2022 06/01/22 | Sold | $865,000 | -6.0% | $181 / Sq Ft |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $919,900 | -- | $193 / 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 | $9,938 | $875,000 | $125,000 | $750,000 |
| 2024 | $9,801 | $899,946 | $130,050 | $769,896 |
| 2023 | $9,801 | $882,300 | $127,500 | $754,800 |
| 2022 | $6,163 | $556,977 | $99,013 | $457,964 |
| 2021 | $5,954 | $546,057 | $97,072 | $448,985 |
| 2020 | $5,928 | $540,459 | $96,077 | $444,382 |
| 2019 | $5,226 | $470,000 | $80,000 | $390,000 |
| 2018 | $4,550 | $405,000 | $60,000 | $345,000 |
| 2017 | $4,606 | $395,000 | $60,000 | $335,000 |
| 2016 | $4,176 | $375,000 | $50,000 | $325,000 |
| 2015 | $3,636 | $325,000 | $50,000 | $275,000 |
| 2014 | $3,068 | $270,000 | $40,000 | $230,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Ray Ault
Coldwell Banker Select Real Estate - Redding
(530) 945-7807
6 in this area
67 Total Sales
-
Buyer's Agent in 2024
Aaron Nelson
Real Brokerage Technologies
(530) 921-9291
1 in this area
7 Total Sales
-
W
Seller's Agent in 2022
Will Ramsdell
Properties by Merit Inc.
Map
Source: Shasta Association of REALTORS®
MLS Number: 24-2712
APN: 071-340-037-000
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