NOT LISTED FOR SALE

1421 Olive Ave Redding, CA 96001

Magnolia Neighborhood
-- Bed
-- Bath
-- Sq Ft
-- Built

Last Sold January 14, 2021

Last sale price $2,185,000

14 Days on Market

About This Home

As of January 2021

20 unit apartment complex consisting of two 8-plexes, One tri-plex and a single family home on 3 separate legal parcels. fourteen 2bd. I bath units, one 2/2, four 1/1 and the house is 2/2. Long term tenants, rents are below market rates. Excellent opportunity to increase your cash flow. Currently selling as a package. 1325 Olive, 1407 Olive and 1421/1431 Olive. Rents and financial info under the documents section.

Last Agent to Sell the Property

Jim Spalding

Coldwell Banker Select Real Estate - Redding License #01002151 Listed on: 12/03/2020

Coldwell Banker Select Real Estate - Redding

Co-Listed By

Ray Ault

Coldwell Banker Select Real Estate - Redding License #01236173

Last Buyer's Agent

Anza Scheepers

Wahlund & Co. Realty Group License #01742101

Property Details

Home Type

  • Multi-Family

Parking

  • Carport

Home Design

  • Stucco

Utilities

  • Central Air

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 105-170-005-000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Directions: Eureka Way to Olive Ave.
  • Prop. Type: Residential Income
  • Co List Office Mls Id: 22
  • Co List Office Phone: 530-221-7550
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Guest
  • Parking:Guest: Yes
  • Parking:Carport: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 105-170-005-000
  • Lot Dimensions: 15,682
  • Zoning Description: NOT AVAILABLE

Multi Family

  • Number Of Units Total: 7
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2021 01/14/21 Sold $2,185,000 -9.4% --
12/09/2020 12/09/20 Pending -- -- --
11/25/2020 11/25/20 For Sale $2,413,000 -- --
Source: Shasta Association of REALTORS®

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 $11,078 $1,068,611 $211,073 $857,538
2024 $10,922 $1,048,743 $206,935 $841,808
2023 $10,922 $1,029,072 $202,878 $826,194
2022 $10,643 $999,600 $198,900 $800,700
2021 $2,905 $259,567 $11,235 $248,332
2020 $2,942 $256,906 $11,120 $245,786
2019 $2,797 $251,869 $10,902 $240,967
2018 $2,821 $246,932 $10,689 $236,243
2017 $2,806 $242,091 $10,480 $231,611
2016 $2,719 $237,345 $10,275 $227,070
2015 $2,685 $233,781 $10,121 $223,660
2014 $2,668 $229,202 $9,923 $219,279
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Spalding

    Coldwell Banker Select Real Estate - Redding

    (530) 227-8145

    34 Total Sales

    Jim Spalding
    Section Image
  • Ray Ault

    Seller Co-Listing Agent in 2021

    Ray Ault

    Coldwell Banker Select Real Estate - Redding

    (530) 945-7807

    2 in this area

    62 Total Sales

    Ray Ault
    Section Image

  • A

    Buyer's Agent in 2021

    Anza Scheepers

    Wahlund & Co. Realty Group

    (530) 605-8889

    2 in this area

    97 Total Sales

    Anza Scheepers
    Section Image

  • A

    Buyer's Agent in 2021

    ANNA SCHEEPERS

    Coldwell Banker C&C Properties

  • Kyle German

    Buyer Co-Listing Agent in 2021

    Kyle German

    Wahlund & Co. Realty Group

    (530) 605-8825

    1 in this area

    280 Total Sales

    Kyle German
    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 20-5652

Shasta Association of REALTORS®
California Shasta County Redding 96001 Magnolia

1421 Olive Ave, Redding, CA

Not Listed for Sale

MultiFamily

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