NOT LISTED FOR SALE

1555 Olive Ave Redding, CA 96001

Magnolia Neighborhood
-- Bed
-- Bath
-- Sq Ft
1960 Built

Last Sold October 11, 2016

Last sale price $335,000

89 Days on Market

About This Home

As of October 2016

Recently renovated 'turn-key' cash flow investment property. This is a rare investment property that provides solid cash flow and ROI. *Estimated CAP Rate 8.3...

$3,450/ gross monthly rent. 4 2/1 units $650/mo. and one 3/2 unit $850/mo.

Last Agent to Sell the Property

Eric Smith

Venture Properties License #01364274 Listed on: 05/17/2016

Last Buyer's Agent

Jesse Eline

eXp Realty of Northern California, Inc. License #01953607

eXp Realty of Northern California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 105-220-022-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: West on Placer to North on Olive
  • Prop. Type: Residential Income
  • Year Built: 1960
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Unassigned, Off Street, On Street
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Lot Info

  • Parcel #: 105-220-022-000
  • Lot Dimensions: 8,576
  • Zoning Description: NOT AVAILABLE

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2016 10/11/16 Sold $335,000 -4.3% --
08/13/2016 08/13/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $349,900 -- --
Source: Shasta 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 $4,071 $388,792 $98,647 $290,145
2024 $4,009 $381,169 $96,713 $284,456
2023 $4,009 $373,696 $94,817 $278,879
2022 $3,942 $366,369 $92,958 $273,411
2021 $3,923 $359,186 $91,136 $268,050
2020 $3,974 $355,504 $90,202 $265,302
2019 $3,774 $348,534 $88,434 $260,100
2018 $3,808 $341,700 $86,700 $255,000
2017 $3,788 $335,000 $85,000 $250,000
2016 $3,528 $315,643 $48,932 $266,711
2015 $3,036 $270,000 $90,000 $180,000
2014 -- $260,000 $80,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eric Smith

    Venture Properties

  • J

    Buyer's Agent in 2016

    Jesse Eline

    eXp Realty of Northern California, Inc.

    (530) 605-6776

    9 in this area

    210 Total Sales

    Jesse Eline
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Map

Source: Shasta Association of REALTORS®

MLS Number: 16-2409

Shasta Association of REALTORS®
California Shasta County Redding 96001 Magnolia

1555 Olive Ave, Redding, CA

Not Listed for Sale

MultiFamily

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