1132 Walnut Ave Redding, CA 96001
Magnolia NeighborhoodEstimated Value: $456,000 - $500,305
5
Beds
3
Baths
2,698
Sq Ft
$175/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- 1-Story Property
- Shasta High School Rated A
- Tile Countertops
- Forced Air Heating and Cooling System
About This Home
As of June 2021FULLY RENTED INVESTMENT PROPERTY! This 4BR/2BA house with a POOL also has a converted garage-to-studio apartment with full kitchen in the back with separate access. Great location. The property has incredible cash flow with still some upside to be found by potentially utilizing the guest house as a short-term rental/ Airbnb. New roof and flashing, new HVAC, and new windows. Cash flow is $3,500/mo after property management expenses.
Tenants in the main house have a lease through May 2021 (Students), paying $2,250/mo. The tenant in the Guest House is month-to-month, paying $1,250/mo. Tenants pay utilities. Seller expenses very low.
Seller is currently making repairs to the laundry room and bathroom in main house.
Last Listed By
Joshua Johnson
Venture Properties License #02063832 Listed on: 12/14/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,716
Year Built
- Built in 1953
Lot Details
- 10,019 Sq Ft Lot
- Property is Fully Fenced
Parking
- Off-Street Parking
Home Design
- Ranch Property
- Raised Foundation
- Slab Foundation
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 2,698 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Dining Room with Fireplace
- City Views
- Tile Countertops
- Washer and Dryer
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Schools
- Manzanita Elementary School
- Shasta High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 105-070-006-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2020
Closed on
Jun 1, 2021
Sold by
Taylor Joel
Bought by
Campbell Kelly
Seller's Agent
Joshua Johnson
Venture Properties
Buyer's Agent
Joshua Johnson
Real Brokerage Technologies
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%
Total Days on Market
103
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
$37,576
Avg. Annual Appreciation
3.88%
Original Mortgage
$386,069
Outstanding Balance
$354,822
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$150,431
Purchase Details
Closed on
Dec 20, 2018
Sold by
Taylor Janie
Bought by
Taylor Joel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2016
Sold by
Bonjour Samuel and Bonjour Elisabeth
Bought by
Mackenzie Daniel and Mackenzie Alexa Rae
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,662
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Listed on
Dec 21, 2011
Closed on
Jun 20, 2012
Sold by
Johnsen Diana and Johnsen Diana B
Bought by
Bonjour Samuel and Bonjour Elisabeth
Seller's Agent
Chrissy Grotting
RE/MAX Five Star - Grotting
Buyer's Agent
Chris and Maria Jeantet
Coldwell Banker C&C - Westside
List Price
$215,000
Sold Price
$180,000
Premium/Discount to List
-$35,000
-16.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$176,739
Interest Rate
3.87%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 5, 2007
Sold by
Johnsen Diana B
Bought by
Johnsen Diana B and Gentry Guenn Johnsen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 16, 2007
Sold by
Dolan Michael E and Dolan Debra J
Bought by
Johnsen Diana B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
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Similar Homes in Redding, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Campbell Kelly | $429,000 | Placer Title Company | |
| Taylor Joel | -- | Fidelity Natl Title Co Of Ca | |
| Taylor Joel | $325,000 | Fidelity Natl Title Co Of Ca | |
| Mackenzie Daniel | $285,000 | Fidelity Natl Title Co Of Ca | |
| Bonjour Samuel | $180,000 | Fidelity Natl Title Co Of Ca | |
| Johnsen Diana B | -- | Fidelity Natl Title Co Of Ca | |
| Johnsen Diana B | -- | None Available | |
| Johnsen Diana B | $310,000 | Fidelity Natl Title Co Of Ca |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Campbell Kelly | $386,069 | |
| Previous Owner | Taylor Joel | $243,750 | |
| Previous Owner | Mackenzie Daniel | $277,662 | |
| Previous Owner | Bonjour Samuel | $176,739 | |
| Previous Owner | Johnsen Diana B | $62,000 | |
| Previous Owner | Johnsen Diana B | $248,000 | |
| Previous Owner | Dolan Michael E | $25,000 | |
| Previous Owner | Dolan Michael E | $160,000 | |
| Previous Owner | Dolan Michael E | $122,700 | |
| Previous Owner | Dolan Michael E | $27,000 | |
| Previous Owner | Dolan Michael E | $106,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2021 06/09/21 | Sold | $435,000 | -3.3% | $161 / Sq Ft |
| 03/27/2021 03/27/21 | Pending | -- | -- | -- |
| 12/14/2020 12/14/20 | For Sale | $449,900 | +57.9% | $167 / Sq Ft |
| 08/23/2016 08/23/16 | Sold | $285,000 | +1.8% | $136 / Sq Ft |
| 05/13/2016 05/13/16 | Pending | -- | -- | -- |
| 04/08/2016 04/08/16 | For Sale | $280,000 | +55.6% | $133 / Sq Ft |
| 06/22/2012 06/22/12 | Sold | $180,000 | -16.3% | $86 / Sq Ft |
| 01/25/2012 01/25/12 | Pending | -- | -- | -- |
| 12/21/2011 12/21/11 | For Sale | $215,000 | -- | $102 / 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 |
|---|---|---|---|---|
| 2024 | $4,716 | $455,257 | $53,060 | $402,197 |
| 2023 | $4,716 | $446,331 | $52,020 | $394,311 |
| 2022 | $4,637 | $437,580 | $51,000 | $386,580 |
| 2021 | $3,612 | $334,933 | $36,069 | $298,864 |
| 2020 | $3,660 | $331,500 | $35,700 | $295,800 |
| 2019 | $3,474 | $325,000 | $35,000 | $290,000 |
| 2018 | $3,202 | $290,700 | $51,000 | $239,700 |
| 2017 | $3,185 | $285,000 | $50,000 | $235,000 |
| 2016 | $2,042 | $190,984 | $31,830 | $159,154 |
| 2015 | $2,015 | $188,116 | $31,352 | $156,764 |
| 2014 | $2,000 | $184,432 | $30,738 | $153,694 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2021
Joshua Johnson
Venture Properties
-
C
Seller's Agent in 2016
Chris and Maria Jeantet
Coldwell Banker C&C - Westside
-
Daniel Miller: Realtor
D
Buyer's Agent in 2016
Daniel Miller: Realtor
Upward Realty
(530) 351-5555
6 in this area
129 Total Sales
-
Chrissy Grotting
Seller's Agent in 2012
Chrissy Grotting
RE/MAX
(530) 209-9545
1 in this area
95 Total Sales
Map
Source: Shasta Association of REALTORS®
MLS Number: 20-5858
APN: 105-070-006-000
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