Seller's Agent in 2024
Mike Gonzalez
Coldwell Banker Select Real Estate
(530) 840-0266
20 Total Sales
1144 Franzel Rd Red Bluff, CA 96080
Estimated Value: $402,232 - $643,000
8
Beds
4
Baths
3,296
Sq Ft
$146/Sq Ft
Est. Value
About This Home
As of July 2024**Investment Opportunity in Red Bluff, CA!** Welcome to 1144 Franzel Road, where opportunity knocks for savvy investors! This charming Four-Plex boasts four units, each offering 824 square feet of comfortable living space. With 2 bedrooms and 1 bathroom per unit, it's an ideal setup for tenants seeking cozy accommodations. Situated in Red Bluff, CA, this property enjoys a prime location, offering convenience and accessibility to local amenities and attractions. Whether you're a seasoned investor looking to expand your portfolio or a newcomer eager to step into the real estate market, this property presents a promising opportunity. Currently, all units are fully rented, ensuring immediate returns on your investment. Don't miss your chance to capitalize on this excellent income-generating asset in a thriving rental market. Schedule a viewing today and unlock the potential of 1144 Franzel Road!
Last Agent to Sell the Property
Coldwell Banker Select Real Estate License #01466329 Listed on: 05/01/2024
Last Buyer's Agent
OUT OF AREA NON MEMBER
Out Of Area Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1972
Lot Details
- 7,405 Sq Ft Lot
- Cul-De-Sac
Parking
- 4 Car Parking Spaces
Home Design
- Quadruplex
- Composition Roof
Kitchen
- Range
- Dishwasher
- Disposal
Utilities
- Central Air
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 031-175-030-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
Jul 9, 2024
Sold by
Ret Rentals Llc
Bought by
Robertson Rees
Seller's Agent
Mike Gonzalez
Coldwell Banker Select Real Estate
Buyer's Agent
OUT OF AREA NON MEMBER
Out Of Area Office
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
20
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
$87,308
Avg. Annual Appreciation
13.75%
Original Mortgage
$316,000
Outstanding Balance
$311,127
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$171,181
Purchase Details
Listed on
May 1, 2024
Closed on
May 31, 2024
Sold by
Drum Alfred D
Bought by
Ret Rentals Llc
Seller's Agent
Mike Gonzalez
Coldwell Banker Select Real Estate
Buyer's Agent
OUT OF AREA NON MEMBER
Out Of Area Office
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Views
20
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$311,127
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$171,181
Purchase Details
Closed on
Jul 15, 2014
Sold by
Drum Maria
Bought by
Drum Alfred D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.13%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 10, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Drum Alfred D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.13%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 3, 2013
Sold by
Gilardi Wendy
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Nov 9, 2004
Sold by
Gilardi Wendy
Bought by
Gilardi Wendy Jean and The Wendy Jean Gilardi Revocable Trust
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
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Robertson Rees | $395,000 | Placer Title Company | |
| Ret Rentals Llc | -- | None Listed On Document | |
| Drum Alfred D | -- | Placer Title Company | |
| Drum Alfred D | $140,000 | Orange Coast Title Company | |
| Federal Home Loan Mortgage Corporation | $119,700 | Accommodation | |
| Gilardi Wendy Jean | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Robertson Rees | $316,000 | |
| Previous Owner | Drum Alfred D | $30,000 | |
| Previous Owner | Drum Alfred D | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $395,000 | -1.0% | $120 / Sq Ft |
| 05/01/2024 05/01/24 | For Sale | $399,000 | -- | $121 / Sq Ft |
Source: Tehama County 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 | $1,717 | $395,000 | $60,000 | $335,000 |
| 2023 | $1,688 | $161,718 | $40,427 | $121,291 |
| 2022 | $1,677 | $158,548 | $39,635 | $118,913 |
| 2021 | $1,610 | $155,440 | $38,858 | $116,582 |
| 2020 | $1,643 | $153,847 | $38,460 | $115,387 |
| 2019 | $1,653 | $150,831 | $37,706 | $113,125 |
| 2018 | $1,529 | $147,874 | $36,967 | $110,907 |
| 2017 | $1,543 | $144,976 | $36,243 | $108,733 |
| 2016 | $1,442 | $142,134 | $35,533 | $106,601 |
| 2015 | -- | $140,000 | $35,000 | $105,000 |
| 2014 | $1,508 | $148,000 | $35,000 | $113,000 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Gonzalez
-
O
Buyer's Agent in 2024
OUT OF AREA NON MEMBER
Out Of Area Office
Map
Source: Tehama County Association of REALTORS®
MLS Number: 20240327
APN: 031-175-030-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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