NOT LISTED FOR SALE

1112 Continental St Redding, CA 96001

Downtown Redding Neighborhood

Estimated Value: $420,000 - $629,000

2 Beds
1 Bath
2,556 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $338,500 $132 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,351/month

2 Days on Market

Highlights

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

About This Home

As of March 2022

Fourplex in downtown Redding with many long term tenants. The property needs quite a bit of work but would be a great long term investment for the right person. this is a two story building with 2 units upstairs and 2 downstairs units. The apartments are in relatively good condition. the building needs a lot of exterior work. May not be financeable or may be a commercial loan. Please make offers subject to inspections. Do Not Disturb tenants!

Last Agent to Sell the Property

Kim Woodland

Venture Properties Listed on: 02/18/2022

Co-Listed By

Joel Pelote

Venture Properties

Last Buyer's Agent

Todd Stromback

Josh Barker Real Estate License #01891751

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 6,970

Parking

  • Off-Street Parking

Home Design

  • Wood Siding
  • Stucco

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 101-430-005-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Directions: Corner of Continental and Trinity.
  • Prop. Type: Residential Income
  • Year Built: 1890
  • Co List Office Mls Id: sha.1359
  • Co List Office Phone: 530-229-1000
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Parking Features: Assigned, Off Street, On Street
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes
  • Parking:Assigned: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 101-430-005-000
  • Lot Dimensions: 6,970
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Water, Management

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Goodpasture Homes Llc
Bought by
Goodpasture Richard Harrison and Goodpasture Richard Conley
Current Estimated Value
$530,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,031
Outstanding Balance
$471,216
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$58,924

Purchase Details

Closed on
Aug 4, 2022
Sold by
Goodpasture Robyn A
Bought by
Goodpasture Richard Conley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,031
Outstanding Balance
$471,216
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$58,924

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 23, 2022
Sold by
Tim And Bria Shepherd Family Trust
Bought by
Goodpasture Homes Llc
Seller's Agent
Kim Woodland
Venture Properties
Buyer's Agent
Todd Stromback
Josh Barker Real Estate
List Price
$325,000
Sold Price
$338,500
Premium/Discount to List
$13,500
4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$500,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2019
Sold by
Shepherd Timothy J and Shepherd Bria Daniel Emily
Bought by
Shepherd Tim and Shepherd Bria

Purchase Details

Listed on
Sep 19, 2016
Closed on
Jan 20, 2017
Sold by
Betrus Donald G
Bought by
Shepherd Bria Daniel Emily and Shepherd Timothy J
Seller's Agent
TAMMY CRABTREE-BETRUS
Upward Realty
Buyer's Agent
JILL PIERCY CLARK
Wise House Realty
List Price
$299,000
Sold Price
$252,000
Premium/Discount to List
-$47,000
-15.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$193,650
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 7, 2015
Sold by
Walker Richard
Bought by
Betrus Donald G
Seller's Agent
CATHERINE MICHAEL
TREG INC - The Real Estate Group
Buyer's Agent
TAMMY CRABTREE-BETRUS
Stewart Real Estate Company
List Price
$239
Sold Price
$208,000
Premium/Discount to List
$207,762
87111.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$156,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2004
Sold by
Gonzalez Daniel
Bought by
Walker Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
6.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2003
Sold by
Gonzalez Daniel
Bought by
The Oramae Gonzalez Exemption Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goodpasture Richard Harrison $650,000 New Title Company Name
Goodpasture Richard Conley -- Fidelity National Title Compan
Goodpasture Homes Llc $338,500 Fidelity National Title
Shepherd Tim -- None Available
Shepherd Bria Daniel Emily $258,500 First American Title Company
Betrus Donald G $208,000 Fidelity Natl Title Co Of Ca
Walker Richard $205,000 Alliance Title Company
The Oramae Gonzalez Exemption Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodpasture Richard Harrison $496,031
Closed Goodpasture Richard Conley $496,031
Previous Owner Goodpasture Homes Llc $500,000
Previous Owner Shepherd Bria Daniel Emily $193,650
Previous Owner Betrus Donald G $156,000
Previous Owner Walker Richard $153,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $338,500 +4.2% $132 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $325,000 +29.0% $127 / Sq Ft
02/09/2017 02/09/17 Sold $252,000 -15.7% $99 / Sq Ft View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
06/13/2016 06/13/16 For Sale $299,000 +43.8% $117 / Sq Ft
07/16/2015 07/16/15 Sold $208,000 +87111.7% $81 / Sq Ft View Prior Sale
07/13/2015 07/13/15 Pending -- -- --
06/15/2015 06/15/15 For Sale $239 -- $0 / 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 $6,932 $676,260 $72,828 $603,432
2024 $6,826 $663,000 $71,400 $591,600
2023 $6,826 $650,000 $70,000 $580,000
2022 $3,053 $282,376 $54,681 $227,695
2021 $3,038 $276,840 $53,609 $223,231
2020 $3,077 $274,003 $53,060 $220,943
2019 $2,922 $268,631 $52,020 $216,611
2018 $2,948 $263,364 $51,000 $212,364
2017 $2,423 $212,160 $51,000 $161,160
2016 $2,346 $208,000 $50,000 $158,000
2015 $2,126 $189,000 $50,000 $139,000
2014 $2,053 $180,000 $40,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kim Woodland

    Venture Properties

  • J

    Seller Co-Listing Agent in 2022

    Joel Pelote

    Venture Properties

  • Todd Stromback

    Buyer's Agent in 2022

    Todd Stromback

    Josh Barker Real Estate

    (530) 524-9070

    3 in this area

    40 Total Sales

    Todd Stromback
    Section Image

  • L

    Buyer's Agent in 2022

    LEONARD POLITO

    Real Estate 1

  • T

    Seller's Agent in 2017

    TAMMY CRABTREE-BETRUS

    Upward Realty

  • J

    Buyer's Agent in 2017

    JILL PIERCY CLARK

    Wise House Realty

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 22-722

Shasta Association of REALTORS®

APN: 101-430-005-000

California Shasta County Redding 96001 Downtown Redding

1112 Continental St, Redding, CA

Not Listed for Sale

MultiFamily

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