NOT LISTED FOR SALE

1302 Luning St Red Bluff, CA 96080

Estimated Value: $316,000 - $368,000

4 Beds
4 Baths
1,936 Sq Ft
$177/Sq Ft Est. Value

Last Sold July 10, 2023

Last sale price $322,500 $167 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,069/month

71 Days on Market

Highlights

  • Corner Lot
  • Covered Deck
  • Living Room
  • Porch
  • Bathtub with Shower
  • Landscaped

About This Home

As of July 2023

Back on Market with no fault to seller. Super clean multi-family investment property located in central Red Bluff. Four 1 bedroom, 1 bath units with long term tenants. Off street parking and shared laundry. Property has been well cared for and it shows! Call for more details!

Last Agent to Sell the Property

Tara Ellis

Ellis & Company Real Estate License #01956366 Listed on: 04/27/2023

Last Buyer's Agent

Alexandra Cappello

Ellis & Company Real Estate License #02023295

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,581 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Front Yard Sprinklers

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Bathtub with Shower
  • Living Room
  • Washer and Dryer

Kitchen

  • Electric Oven or Range
  • Range

Flooring

  • Carpet
  • Vinyl

Parking

  • 8 Car Parking Spaces
  • Driveway

Outdoor Features

  • Covered Deck
  • Porch

Location

  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 029-175-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Multi Family
  • Type: Four Plex
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Range/Oven, Refrigerator
  • Interior Amenities: Carpet, Vinyl Floors
  • Bathroom Features: Shower-Tub
  • Laundry: On Site Share

Exterior Features

  • Sprinklers: Front
  • Landscaping: Front
  • Deck Patio: Covered, Porch
  • Exterior: Wood
  • Foundation: Perimeter Foundation
  • Number Of Acres: 0.197
  • Roads: Paved
  • Roof: Composition

Garage/Parking

  • Driveway: Asphalt
  • Number Of Parking Spaces: 8

Utilities

  • Utilities: Electric
  • Cooling: Wall/Window Unit
  • Heat: Wall Heater
  • Sewer: Sewer
  • Water Supply: City Water

Lot Info

  • Lot Description: City, Corner Lot
  • Zoning Code: R-3
  • Geo Update Timestamp: 2023-04-28
  • Additional Assessor Parcel Numbers: 029-175-004

Multi Family

  • No. of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jul 7, 2023
Sold by
Wylie Family Trust
Bought by
Jenson Madeline R and Jenson Justin B
Seller's Agent
Tara Ellis
Ellis & Company Real Estate
Buyer's Agent
Alexandra Cappello
Ellis & Company Real Estate
List Price
$359,000
Sold Price
$322,500
Premium/Discount to List
-$36,500
-10.17%
Views
88
Current Estimated Value
$342,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,131
Avg. Annual Appreciation
2.45%
Original Mortgage
$241,875
Outstanding Balance
$235,367
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$107,264
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
Jenson Madeline R $323,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenson Madeline R $241,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2023 07/10/23 Sold $322,500 -10.2% $167 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $359,000 0.0% $185 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $359,000 -- $185 / Sq Ft
Source: Tehama County 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 $3,345 $328,950 $61,200 $267,750
2023 $1,418 $135,673 $19,555 $116,118
2022 $1,409 $133,014 $19,172 $113,842
2021 $1,352 $130,407 $18,797 $111,610
2020 $1,380 $129,071 $18,605 $110,466
2019 $1,389 $126,541 $18,241 $108,300
2018 $1,285 $124,061 $17,884 $106,177
2017 $1,297 $121,630 $17,534 $104,096
2016 $1,211 $119,246 $17,191 $102,055
2015 -- $117,456 $16,933 $100,523
2014 $1,176 $115,156 $16,602 $98,554
Source: Public Records

Agents Affiliated with this Home

  • Tara Ellis

    Seller's Agent in 2023

    Tara Ellis

    Ellis & Company Real Estate

    (530) 366-1885

    59 Total Sales

    Tara Ellis
    Section Image
  • Alexandra Cappello

    Buyer's Agent in 2023

    Alexandra Cappello

    Ellis & Company Real Estate

    (707) 775-1914

    21 Total Sales

    Alexandra Cappello
    Section Image
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Map

Source: Tehama County Association of REALTORS®

MLS Number: 20230336

Tehama County Association of REALTORS®

APN: 029-175-004-000

California Tehama County Red Bluff 96080

1302 Luning St, Red Bluff, CA

Not Listed for Sale

MultiFamily

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