NOT LISTED FOR SALE

1245 Olive Ave Redding, CA 96001

Magnolia Neighborhood

Estimated Value: $323,000 - $352,000

3 Beds
2 Baths
1,368 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $320,000 $234 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,871/month

9 Days on Market

Highlights

  • Contemporary Architecture
  • Solid Surface Countertops
  • Mini Split Air Conditioners
  • Shasta High School Rated A
  • No HOA
  • Property is Fully Fenced

About This Home

As of January 2024

This charming downtown home is a renovated gem that you won't want to miss. With 3 bedrooms and 2 bathrooms, it's the perfect size for a family or those who love a little extra space. Inside, you'll find plenty of upgrades that make this house stand out. The kitchen has been beautifully remodeled with new soft close shaker style cabinets , new hard wood counter tops and brand new appliances, giving it a fresh and modern feel. The bathrooms have also been updated, adding a touch of luxury to your daily routine.
The interior and exterior have been freshly painted, creating a clean and inviting atmosphere. You'll love the new luxury vinyl plank and carpet, which adds both style and comfort to your home. This home comes with a new roof and efficient minisplits for heating and air, ensuring that you stay comfortable year-round. The front landscaping has been redone, adding to the overall curb appeal of the property.

To top it off, there's a detached one-car garage, providing convenience and extra storage space. Don't miss out on the opportunity to make this renovated downtown charmer your new home!

Last Agent to Sell the Property

Drew Wahlund

Wahlund & Co. Realty Group License #01918133 Listed on: 10/28/2023

Last Buyer's Agent

Tom Brown

Waterman Real Estate License #01805441

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,036

Year Built

  • Built in 1935

Lot Details

  • 5,227 Sq Ft Lot
  • Property is Fully Fenced

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,368 Sq Ft Home
  • 2-Story Property

Kitchen

  • Recirculated Exhaust Fan
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Mini Split Air Conditioners
  • Heating Available
  • 220 Volts

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 105-100-011-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,036

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Bonds HOA: No
  • Directions: From Market St head West on Eureka Way. Left on Olive, home is on Left.
  • Kitchen Fuel Source: Electric
  • Kitchen Microwave: Exhaust Over Stove
  • Misc Amenities Gutters: Full
  • Prop. Type: Residential
  • Year Built: 1935
  • Lot Size Acres: 0.12
  • Road Surface Type: Asphalt
  • Subdivision Name: N/A
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Property Attached Yn: No
  • Year Built Details: Renovation
  • Misc Amenities Fenced2: Full
  • Water:Public: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Kitchen Countertops: Solid Surface
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • View: None
  • Construction Type: Stucco
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Utilities

  • Electric: Public, 220 Volts
  • Sewer: Public Sewer
  • Cooling: Mini-Split
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 105-100-011-000
  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2023
Closed on
Jan 3, 2024
Sold by
2010 William L Andreatta Trust and Turk Living Trust
Bought by
Price Claire Ann
Seller's Agent
Drew Wahlund
Wahlund & Co. Realty Group
Buyer's Agent
Tom Brown
Waterman Real Estate
List Price
$319,000
Sold Price
$320,000
Premium/Discount to List
$1,000
0.31%
Views
79
Current Estimated Value
$338,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,074
Avg. Annual Appreciation
2.93%
Original Mortgage
$256,000
Outstanding Balance
$251,800
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$86,274

Purchase Details

Closed on
Aug 29, 2017
Sold by
Turk Larry M and Turk Dorothy L
Bought by
Turk Larry Michael and Turk Dorothy Laverne
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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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
Price Claire Ann $320,000 First American Title
Turk Larry Michael -- None Available
Andreatta William Lawrence -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Claire Ann $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2024 01/05/24 Sold $320,000 +0.3% $234 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/28/2023 10/28/23 For Sale $319,000 -- $233 / Sq Ft
Source: Shasta Association of REALTORS®

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 $1,036 $326,400 $45,900 $280,500
2024 $1,019 $95,394 $32,797 $62,597
2023 $1,019 $93,524 $32,154 $61,370
2022 $1,002 $91,691 $31,524 $60,167
2021 $996 $89,894 $30,906 $58,988
2020 $1,009 $88,974 $30,590 $58,384
2019 $958 $87,231 $29,991 $57,240
2018 $966 $85,521 $29,403 $56,118
2017 $961 $83,845 $28,827 $55,018
2016 $931 $82,202 $28,262 $53,940
2015 $919 $80,968 $27,838 $53,130
2014 -- $79,383 $27,293 $52,090
Source: Public Records

Agents Affiliated with this Home

  • Drew Wahlund

    Seller's Agent in 2024

    Drew Wahlund

    Wahlund & Co. Realty Group

    (530) 510-3412

    11 in this area

    973 Total Sales

    Drew Wahlund
    Section Image

  • T

    Buyer's Agent in 2024

    Tom Brown

    Waterman Real Estate

    (530) 949-8698

    3 in this area

    103 Total Sales

    Tom Brown
    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 23-4363

Shasta Association of REALTORS®

APN: 105-100-011-000

California Shasta County Redding 96001 Magnolia

1245 Olive Ave, Redding, CA

Not Listed for Sale

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