NOT LISTED FOR SALE

1125 Union St Red Bluff, CA 96080

Estimated Value: $395,000 - $447,000

8 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold March 26, 2024

Last sale price $405,000

Est. 3% increase in value since last sale

Current estimated payment $2,506/month

2 Days on Market

About This Home

As of March 2024

Welcome to your next investment venture, where you have the opportunity to finalize the details of the upstairs units while simultaneously generating income by renting out the bottom units—a prime opportunity to kickstart cash flow. This 4-plex boasts 2 bedrooms and 1 bathroom in each unit, accompanied by a spacious backyard for the lower units and picturesque balcony views for the upper ones. The bottom units are fully completed and prepared for occupancy, showcasing luxurious LVP flooring, elegant quartz countertops, contemporary finishes, and equipped with modern appliances. As for the upstairs units, you now have the chance to add the final touches and increase the property's value with your own sweat equity. Cash or Rehab Loan Only!

Last Agent to Sell the Property

Faith Barrett

Real Brokerage Technologies License #02057240 Listed on: 03/01/2024

Co-Listed By

Dylan Barrett

Real Brokerage Technologies License #02037494

Last Buyer's Agent

Ben Gipson

Gipson Realty Inc. License #01077801

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,668

Lot Details

  • 6,970

Home Design

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 029-282-12

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,668

Lot Details

0

Listing Details

  • Directions: From Redding take 1st Red Bluff exit to Main Street. Turn right on Walnut Right on Johnson, left on Union.
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Co List Office Mls Id: sha.2038
  • Co List Office Phone: 619-248-6434
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Electric4: Yes

Lot Info

  • Parcel #: 029-282-12
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 22, 2024
Sold by
Growth Street Trust and Burke Matthew H
Bought by
Merlin Turn Key Properties Ii Llc
Seller's Agent
Faith Barrett
Real Brokerage Technologies
Buyer's Agent
Ben Gipson
Gipson Realty Inc.
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%
Views
22
Current Estimated Value
$416,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,503
Avg. Annual Appreciation
0.58%

Purchase Details

Closed on
Dec 20, 2022
Sold by
Burke Mathew H
Bought by
Growth Street Trust

Purchase Details

Listed on
Feb 26, 2022
Closed on
Mar 24, 2022
Sold by
Burke Brittany Dana
Bought by
Burke Matthew H
Seller's Agent
Lee Hunt
Re/Max Top Properties
Buyer's Agent
Justin Galantine
Better Choice Real Estate-Corning
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$175,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Boswell Lauren Ann
Bought by
Dixon William Thomas

Purchase Details

Closed on
Aug 27, 2009
Sold by
Morrison Robert Scott
Bought by
Boswell Lauren Ann

Purchase Details

Closed on
Aug 11, 2008
Sold by
Morrison Ilene Montana
Bought by
Morrison Ilene Montana

Purchase Details

Closed on
Nov 19, 2007
Sold by
Dixon William
Bought by
Morrison Ilene Montana

Purchase Details

Closed on
Nov 17, 2004
Sold by
Phnscon Llc
Bought by
Shapiro Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
1.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Norrbom Pete and Norrbom Susan
Bought by
Phnscon Llc

Purchase Details

Closed on
Jun 3, 2003
Sold by
Millar Mikell A and Millar Wendy
Bought by
Norrbom Pete and Norrbom Susan

Purchase Details

Closed on
Mar 11, 2003
Sold by
Millar Mikell A and Millar Wendy
Bought by
Millar Mikell A and Millar Wendy

Purchase Details

Closed on
Jun 17, 2002
Sold by
Barlow John M
Bought by
Millar Mikell A and Millar Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.86%
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
Merlin Turn Key Properties Ii Llc $405,000 Placer Title Company
Growth Street Trust -- --
Burke Matthew H -- Placer Title
Burke Matthew H $340,000 Placer Title
Dixon William Thomas $281,000 Fidelity Natl Title Co Of Ca
Boswell Lauren Ann -- None Available
Morrison Ilene Montana -- None Available
Morrison Ilene Montana -- Fidelity Natl Title Co Of Ca
Morrison Ilene Montana $360,000 Fidelity Natl Title Co Of Ca
Shapiro Wendy $350,000 Chicago Title Co
Phnscon Llc -- Chicago Title Co
Norrbom Pete $170,000 --
Millar Mikell A -- --
Millar Mikell A $154,000 Northern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Matthew H $175,000
Previous Owner Shapiro Wendy $280,000
Previous Owner Norrbom Pete $123,500
Previous Owner Millar Mikell A $50,000
Closed Millar Mikell A $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $405,000 +1.3% --
03/04/2024 03/04/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $400,000 +17.6% --
03/25/2022 03/25/22 Sold $340,000 -9.3% $106 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $375,000 -- $117 / 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 $3,668 $413,100 $76,500 $336,600
2023 $3,606 $346,800 $66,300 $280,500
2022 $3,601 $341,787 $60,812 $280,975
2021 $3,456 $335,086 $59,620 $275,466
2020 $3,528 $331,651 $59,009 $272,642
2019 $3,550 $325,149 $57,852 $267,297
2018 $3,283 $318,774 $56,718 $262,056
2017 $3,313 $312,524 $55,606 $256,918
2016 $3,093 $306,397 $54,516 $251,881
2015 -- $301,796 $53,698 $248,098
2014 $3,002 $295,886 $52,647 $243,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 24-846

Shasta Association of REALTORS®

APN: 029-282-012-000