NOT LISTED FOR SALE

1425 Serrano Place Redding, CA 96003

Estimated Value: $811,000 - $884,000

2 Beds
1 Bath
-- Sq Ft
11,761 Sq Ft

Last Sold June 01, 2022

Last sale price $819,900

Est. 2% increase in value since last sale

Current estimated payment $5,099/month

41 Days on Market

About This Home

As of June 2022

Prime Location for this Newer Construction 4Plex. All units are 2 bedroom 1.5 bath with attached garages & laundry hook ups. Property has been meticulously managed & maintained & is in excellent condition. Units have very low turnover & are currently rented under market giving the new owner room for upside in rents. Ideal location for multi family with close proximity to schools, shopping & churches

Last Agent to Sell the Property

Will Ramsdell

Properties by Merit Inc. License #01472016 Listed on: 03/17/2022

Last Buyer's Agent

Ray Ault

Coldwell Banker Select Real Estate - Redding License #01236173

Coldwell Banker Select Real Estate - Redding

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.27

Home Design

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Central Air

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 071-370-031-000

Property Details

Home Type

Multi-Family

Lot Details

0.27 Acres

Listing Details

  • Directions: North on Churn Creek to Right on Lancers across from Home Depot to Right on Burton to left on Serrano
  • Prop. Type: Residential Income
  • Ownership: Seller
  • Subdivision Name: N/A
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingOffStreet: Yes
  • Parking Facilities:Parking Garage: Yes
  • Parking:Assigned: Yes

Utilities

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

Lot Info

  • Parcel #: 071-370-031-000
  • Lot Dimensions: 11,980
  • Zoning Description: NOT AVAILABLE

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 18, 2022
Sold by
Gary And Patsy Knighten 1995 Trust
Bought by
Sandhu Tarlochan S and Sandhu Jasvinder K
Seller's Agent
Will Ramsdell
Properties by Merit Inc.
Buyer's Agent
Ray Ault
Coldwell Banker Select Real Estate - Redding
List Price
$849,900
Sold Price
$819,900
Premium/Discount to List
-$30,000
-3.53%
Current Estimated Value
$840,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,361
Avg. Annual Appreciation
0.66%
Original Mortgage
$573,930
Outstanding Balance
$547,760
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$292,501

Purchase Details

Closed on
May 26, 2004
Sold by
Knighten Gary L and Knighten Patsy Ann
Bought by
Knighten Gary L and Knighten Patsy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.87%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
Sandhu Tarlochan S $820,000 Placer Title
Knighten Gary L -- Fidelity Natl Title Co Of Ca
Knighten Gary L -- Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandhu Tarlochan S $573,930
Previous Owner Knighten Gary L $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2022 06/01/22 Sold $819,900 -3.5% --
04/11/2022 04/11/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $849,900 -- --
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 $9,398 $870,082 $127,344 $742,738
2024 $9,270 $853,023 $124,848 $728,175
2023 $9,270 $836,298 $122,400 $713,898
2022 $4,510 $407,550 $72,211 $335,339
2021 $4,357 $399,560 $70,796 $328,764
2020 $4,339 $395,464 $70,071 $325,393
2019 $4,305 $387,711 $68,698 $319,013
2018 $4,256 $380,109 $67,351 $312,758
2017 $4,361 $372,657 $66,031 $306,626
2016 $4,082 $365,351 $64,737 $300,614
2015 $4,049 $359,864 $63,765 $296,099
2014 -- $352,815 $62,516 $290,299
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Will Ramsdell

    Properties by Merit Inc.

  • Ray Ault

    Buyer's Agent in 2022

    Ray Ault

    Coldwell Banker Select Real Estate - Redding

    (530) 945-7807

    62 Total Sales

    Ray Ault
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Map

Source: Shasta Association of REALTORS®

MLS Number: 22-923

Shasta Association of REALTORS®

APN: 071-370-031-000

California Shasta County Redding 96003

1425 Serrano Place, Redding, CA

Not Listed for Sale

MultiFamily

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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