Seller's Agent in 2025
Kimberly Pedersen
Coldwell Banker Select Real Estate - Redding
(530) 604-2028
2 in this area
124 Total Sales
1535 E Cypress Ave Redding, CA 96002
Reservoir Neighborhood
2
Beds
2
Baths
1,345
Sq Ft
1938
Built
About This Home
As of December 2021Homes with Expansion Potential
This unique residential income property presents a fantastic opportunity for investors! Situated in a prime location near shopping, transportation, and essential amenities, this offering includes three separate homes and a spacious lot that may allow for future expansion.
The main home features three bedrooms, 1.5 baths, a fenced yard, a carport, and additional storage, making it an ideal rental or owner-occupied residence. The two additional homes each offer two bedrooms and one bath, providing comfortable living spaces for tenants.
All three homes were updated four years ago, flooring, and fresh paint, ensuring a modern and well-maintained living environment for tenants.
With multiple rental units already in place and the potential for further development, this property is a rare find in today's market. Don't miss this chance to own a versatile investment with excellent income potential!
Last Agent to Sell the Property
House of Realty License #01992735 Listed on: 12/10/2021
Last Buyer's Agent
RECIPROCAL AGENT
Reciprocal Office
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1938
Parking
- Off-Street Parking
Home Design
- Wood Siding
- Stucco
Utilities
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 067-480-003-000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2025 09/20/25 | Price Changed | $440,000 | -2.2% | -- | |
| 08/07/2025 08/07/25 | For Sale | $450,000 | -14.3% | -- | |
| 12/30/2021 12/30/21 | Sold | $525,000 | -4.4% | $390 / Sq Ft | |
| 12/14/2021 12/14/21 | Pending | -- | -- | -- | |
| 12/10/2021 12/10/21 | For Sale | $549,000 | +175.9% | $408 / Sq Ft | |
| 05/27/2020 05/27/20 | Sold | $199,000 | -0.5% | $148 / Sq Ft | View Prior Sale |
| 03/28/2020 03/28/20 | Pending | -- | -- | -- | |
| 03/20/2020 03/20/20 | For Sale | $199,900 | -- | $149 / Sq Ft |
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 | $5,732 | $526,358 | $75,345 | $451,013 |
| 2024 | $5,653 | $516,038 | $73,868 | $442,170 |
| 2023 | $5,653 | $505,920 | $72,420 | $433,500 |
| 2022 | $1,757 | $153,553 | $103,056 | $50,497 |
| 2021 | $1,698 | $150,543 | $101,036 | $49,507 |
| 2020 | $1,916 | $169,855 | $46,855 | $123,000 |
| 2019 | $1,901 | $166,526 | $45,937 | $120,589 |
| 2018 | $1,879 | $163,262 | $45,037 | $118,225 |
| 2017 | $1,911 | $160,061 | $44,154 | $115,907 |
| 2016 | $1,790 | $156,924 | $43,289 | $113,635 |
| 2015 | $1,767 | $154,568 | $42,639 | $111,929 |
| 2014 | $1,755 | $151,541 | $41,804 | $109,737 |
Source: Public Records
Agents Affiliated with this Home
-
Kimberly Pedersen
-
Athena Hollingsworth
A
Seller's Agent in 2021
Athena Hollingsworth
House of Realty
(530) 410-8948
1 in this area
32 Total Sales
-
Matthew Hansen
Seller Co-Listing Agent in 2021
Matthew Hansen
House of Realty
(530) 524-3541
2 in this area
51 Total Sales
-
R
Buyer's Agent in 2021
RECIPROCAL AGENT
Reciprocal Office
-
Glenda Grant
Seller's Agent in 2020
Glenda Grant
Waterman Real Estate
(530) 941-0252
2 in this area
89 Total Sales
Map
Source: Shasta Association of REALTORS®
MLS Number: 21-5720
APN: 067-480-03
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