NOT LISTED FOR SALE

1136 Burton Dr Redding, CA 96003

Estimated Value: $782,660 - $869,000

2 Beds
1 Bath
-- Sq Ft
11,761 Sq Ft

Last Sold February 07, 2025

Last sale price $795,000

Est. 4% increase in value since last sale

Current estimated payment $4,627/month

29 Days on Market

About This Home

As of February 2025

Rare Investment Opportunity - Stunning Fourplex in Prime Location!
Nestled in one of the most desirable locations in town, this beautifully maintained fourplex offers convenience, comfort, and unmatched mountain views. Just minutes from shopping, dining, and essential services, this property is a true gem for investors and homeowners alike. Each of the four units feature a townhouse-style floor plan with thoughtful design and functionality. The first three units feature two spacious bedrooms and a full bathroom upstairs, while the downstairs area offers an open-concept layout with a kitchen that has ample storage, a large living room, a dining area, and a convenient half bathroom. The larger end unit stands out with its additional features. Upstairs, it includes a primary suite with an additional full bathroom and a second bedroom. Downstairs, the expansive kitchen flows into a dedicated dining room and a cozy living room complete with a fireplace. This unit also includes an attached two-car garage for added convenience.
This property exudes pride of ownership, as it has been meticulously maintained by the original owners, with consistent upkeep and improvements over the years. The immaculate condition and attention to detail set this building apart. Properties like this rarely come to market, making it an exceptional opportunity to own a turnkey fourplex in a prime location with HUGE Upside on Rents and a proven track record of care and maintenance.

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 12/17/2024

Co-Listed By

Kimberly Moore

Realty 110, Inc. License #02059831

Last Buyer's Agent

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 12/17/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 0.27

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 071-340-035-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0.27 Acres

Listing Details

  • Directions: Churn Creek Road. Right onto Lancers Lane. Left onto Burton Drive. Property is on the left.
  • Prop. Type: Residential Income
  • Year Built: 1992
  • Co List Office Mls Id: sha.2109
  • Co List Office Phone: 530-242-4114
  • Ownership: Seller
  • Subdivision Name: N/A
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Parking Features: Assigned, Guest, Off Street, On Street
  • ParkingOffStreet: Yes
  • Parking:Guest: Yes
  • Parking:On Street: Yes
  • Parking Facilities:Parking Garage: Yes
  • Parking:Assigned: Yes

Utilities

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

Lot Info

  • Parcel #: 071-340-035-000
  • Lot Dimensions: 0.27
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Water, Garbage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Feb 4, 2025
Sold by
Merlette Family Trust and Merlette Daniel A
Bought by
Marlee Group Llc
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Nick Kerley
Realty 110, Inc.
List Price
$899,000
Sold Price
$795,000
Premium/Discount to List
-$104,000
-11.57%
Views
4
Current Estimated Value
$824,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,165
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Dec 17, 2014
Sold by
Merlette Daniel A and Merlette Monica A
Bought by
The Merlette Family Trust and Merlette Monica A

Purchase Details

Closed on
Mar 28, 2003
Sold by
Merlette Daniel A and Merlette Monica A
Bought by
Merlette Daniel A and Merlette Monica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,800
Interest Rate
4.92%

Purchase Details

Closed on
Mar 22, 1999
Sold by
Merlette Daniel A and Merlette Monica A
Bought by
Merlette Daniel A and Merlette Monica A
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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Purchase History

Date Buyer Sale Price Title Company
Marlee Group Llc $795,000 Placer Title
The Merlette Family Trust -- None Available
Merlette Daniel A -- First American Title Co
Merlette Daniel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merlette Daniel A $169,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2025 02/07/25 Sold $795,000 -11.6% --
01/15/2025 01/15/25 Pending -- -- --
12/17/2024 12/17/24 For Sale $899,000 -- --
Source: Shasta Association of REALTORS®

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 $4,731 $434,977 $81,326 $353,651
2024 $4,666 $426,449 $79,732 $346,717
2023 $4,666 $418,088 $78,169 $339,919
2022 $4,535 $409,891 $76,637 $333,254
2021 $4,382 $401,855 $75,135 $326,720
2020 $4,364 $397,735 $74,365 $323,370
2019 $4,329 $389,937 $72,907 $317,030
2018 $4,280 $382,292 $71,478 $310,814
2017 $4,356 $374,797 $70,077 $304,720
2016 $4,075 $367,449 $68,703 $298,746
2015 $4,042 $361,931 $67,672 $294,259
2014 $4,014 $354,842 $66,347 $288,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 24-5167

Shasta Association of REALTORS®

APN: 071-340-035-000

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