NOT LISTED FOR SALE

1201 Lema Rd Redding, CA 96003

Lema Ranch Neighborhood

Estimated Value: $317,000 - $358,568

3 Beds
3 Baths
1,368 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $270,000 $197 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,040/month

About This Home

Contractor's special! This property has tons of potential just waiting for the right person! 1,500 square foot shop building with 2 roll up doors (12' x 12') and sliding side doors. Detached 2-car garage of 400 sf. House has 3 bathrooms and 2 finished bedrooms with a 3rd unfinished bedroom on 2.34 acres. Property located just off of Old Alturas and within minutes of shopping and Highway 44. House is served by a septic tank, well, and City of Redding electric. Property being sold ''as-is''. Likely cash only. See attached Transfer Disclosure Statement.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 8, 2023
Sold by
Mcconnell Foundation
Bought by
Kerwick Family Trust
Seller's Agent
Janice Cunningham
Cox Real Estate Consultants, INC.
Buyer's Agent
Carolyn Battles
Real Brokerage Technologies
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Views
71
Current Estimated Value
$341,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,392
Avg. Annual Appreciation
9.56%

Purchase Details

Closed on
May 3, 2006
Sold by
Chitwood Carter L and Chitwood Diane V
Bought by
The Mcconnell Foundation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Kerwick Family Trust $270,000 Placer Title
The Mcconnell Foundation -- Placer Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $270,000 -8.5% $197 / Sq Ft View Prior Sale
04/17/2023 04/17/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $295,000 -- $216 / Sq Ft

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 $2,913 $280,908 $78,030 $202,878
2024 $4,051 $275,400 $76,500 $198,900
2023 $4,051 $375,000 $100,000 $275,000
2022 $3,995 $375,000 $100,000 $275,000
2021 $3,778 $350,000 $100,000 $250,000
2020 $2,984 $275,000 $100,000 $175,000
2019 $2,706 $250,000 $100,000 $150,000
2018 $2,561 $230,000 $95,000 $135,000
2017 $2,475 $215,000 $95,000 $120,000
2016 $2,143 $195,000 $90,000 $105,000
2015 $1,871 $170,000 $90,000 $80,000
2014 $1,752 $160,000 $85,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Janice Cunningham

    Seller's Agent in 2023

    Janice Cunningham

    Cox Real Estate Consultants, INC.

    (530) 242-8003

    1 in this area

    6 Total Sales

    Janice Cunningham
    Section Image

  • K

    Seller Co-Listing Agent in 2023

    Kristina Bailey

    Cox Real Estate Consultants, INC.

    (530) 245-4600

    1 in this area

    2 Total Sales

    Kristina Bailey
    Section Image
  • Carolyn Battles

    Buyer's Agent in 2023

    Carolyn Battles

    Real Brokerage Technologies

    (530) 604-9349

    2 in this area

    31 Total Sales

    Carolyn Battles
    Section Image

  • C

    Buyer's Agent in 2023

    Carolyn Caples

    KELLER WILLIAMS REALTY- REDDING

  • C

    Buyer's Agent in 2023

    Carolyn Caples Battles

    Sheldon Largent Realty

See All Agents

Map

California Shasta County Redding 96003 Lema Ranch

1201 Lema Rd, Redding, CA

Not Listed for Sale

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