NOT LISTED FOR SALE

1248 Olive Ave Redding, CA 96001

Magnolia Neighborhood

Estimated Value: $200,000 - $240,000

2 Beds
1 Bath
702 Sq Ft
$325/Sq Ft Est. Value

Sale Details

Date Sold: October 21, 2021

Last sale price $175,000 $249 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,398 / mo

72 Days on Market

Highlights

  • Contemporary Architecture
  • Solid Surface Countertops
  • Eat-In Kitchen
  • Shasta High School Rated A
  • No HOA
  • Evaporated cooling system

About This Home

As of October 2021

Welcome to this cute downtown Charmer in the heart of Redding. Walking distance to Shasta High School, restaurants, and grocery stores. 10 Minute drive to the lake, large lot with alley access, and offers a comfortable lay out. Attached 1 car garage with additional storage.

Last Agent to Sell the Property

Drew Wahlund

Wahlund & Co. Realty Group License #01918133 Listed on: 08/13/2021

Co-Listed By

Kyle German

Waterman Real Estate

Last Buyer's Agent

Kevin O'Brien

Shasta Sotheby's International Realty License #02121395

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 702 Sq Ft Home
  • 2-Story Property
  • Free Standing Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Evaporated cooling system
  • Heating System Uses Kerosene
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 105-090-020-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Bonds HOA: None
  • Directions: West on Eureka, Left on Olive, 2 block down Home on right
  • Fireplace Free Standing: Kerosene
  • Kitchen Fuel Source: None
  • Misc Amenities Laundry: Hook-ups
  • Prop. Type: Residential
  • Year Built: 1941
  • Lot Size Acres: 0.14
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sha.1364
  • Co List Office Phone: 530-691-4444
  • Architectural Style: Contemporary
  • Reso Interior Features: Eat-in Kitchen
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Year Built Details: 30+
  • Water:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Solid Surface
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Parking Features: On Street
  • Parking:On Street: Yes

Utilities

  • Electric: Public
  • Sewer: Public Sewer
  • Cooling: Evaporative Cooling
  • Heating: Furnace Wall, Kerosene
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 105-090-020-000
  • Lot Dimensions: 6,098
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Bought by
Current Estimated Value
$227,868

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 20, 2021
Sold by
Bought by
Seller's Agent
Drew Wahlund
Wahlund & Co. Realty Group
Buyer's Agent
Kevin O'Brien
Shasta Sotheby's International Realty
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$166,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2018
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2010
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$175,000 Fidelity Natl Ttl Co Of Ca
$89,000 Fidelity National Title Co
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $166,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/21/2021 10/21/21 Sold $175,000 -12.1% $249 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $199,000 -- $283 / Sq Ft
Source: Shasta Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,999 $191,281 $37,142 $154,139
2024 $1,967 $187,730 $36,414 $151,316
2023 $1,967 $183,980 $35,700 $148,280
2022 $1,878 $175,000 $35,000 $140,000
2021 $1,428 $130,345 $31,535 $98,810
2020 $1,447 $129,009 $31,212 $97,797
2019 $1,374 $126,480 $30,600 $95,880
2018 $784 $68,778 $26,722 $42,056
2017 $779 $67,431 $26,199 $41,232
2016 $755 $66,110 $25,686 $40,424
2015 $746 $65,118 $25,301 $39,817
2014 $740 $63,844 $24,806 $39,038
Source: Public Records

Agents Affiliated with this Home

  • Drew Wahlund

    Seller's Agent in 2021

    Drew Wahlund

    Wahlund & Co. Realty Group

    (530) 510-3412

    10 in this area

    1,009 Total Sales

    Drew Wahlund
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kyle German

    Waterman Real Estate

  • K

    Buyer's Agent in 2021

    Kevin O'Brien

    Shasta Sotheby's International Realty

  • A

    Buyer Co-Listing Agent in 2021

    Amanda Nardo

    Shasta Sotheby's International Realty

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 21-2913

Shasta Association of REALTORS®

APN: 105-090-020-000

California Shasta County Redding 96001 Magnolia

1248 Olive Ave, Redding, CA

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.

Shasta Association of REALTORS® 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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