Seller's Agent in 2025
Nick Kerley
Realty 110, Inc.
(530) 242-4114
6 in this area
308 Total Sales
1148 Burton Dr Redding, CA 96003
Mount Shasta Mall Neighborhood
--
Bed
--
Bath
--
Sq Ft
0.28
Acres
About This Home
As of February 2025Rare 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 boasts a townhouse-style floor plan with thoughtful design and functionality. The floor plans all 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 units also includes an attached one-car garage for added convenience plus washer/dryer hook-ups. Scenic views of the surrounding mountains can be enjoyed from every angle.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
Realty 110, Inc. License #01332465 Listed on: 12/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,306
Year Built
- Built in 1991
Parking
- Off-Street Parking
Home Design
- Stucco
Utilities
- Central Air
Listing and Financial Details
- Assessor Parcel Number 071-340-034-000
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
$889,000
Sold Price
$795,000
Premium/Discount to List
-$94,000
-10.57%
Views
7
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
$16,950
Avg. Annual Appreciation
6.36%
Purchase Details
Closed on
Dec 17, 2014
Sold by
Merlette Daniel A and Merlette Monica A
Bought by
Merlette Daniel A 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
$139,800
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
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $795,000 | Placer Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Multiple | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $139,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2025 02/07/25 | Sold | $795,000 | -10.6% | -- |
| 01/15/2025 01/15/25 | Pending | -- | -- | -- |
| 12/17/2024 12/17/24 | For Sale | $889,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $4,306 | $392,890 | $67,537 | $325,353 |
| 2024 | $4,245 | $385,187 | $66,213 | $318,974 |
| 2023 | $4,245 | $377,635 | $64,915 | $312,720 |
| 2022 | $4,126 | $370,232 | $63,643 | $306,589 |
| 2021 | $3,985 | $362,974 | $62,396 | $300,578 |
| 2020 | $3,968 | $359,253 | $61,757 | $297,496 |
| 2019 | $3,936 | $352,210 | $60,547 | $291,663 |
| 2018 | $3,891 | $345,305 | $59,360 | $285,945 |
| 2017 | $3,959 | $338,536 | $58,197 | $280,339 |
| 2016 | $3,704 | $331,899 | $57,056 | $274,843 |
| 2015 | $3,674 | $326,914 | $56,199 | $270,715 |
| 2014 | $3,648 | $320,512 | $55,099 | $265,413 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Kerley
-
Kimberly Moore
K
Seller Co-Listing Agent in 2025
Kimberly Moore
Realty 110, Inc.
(530) 355-2538
5 in this area
207 Total Sales
Map
Source: Shasta Association of REALTORS®
MLS Number: 24-5169
APN: 071-340-034-000
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