NOT LISTED FOR SALE

1555 Olive Ave Redding, CA 96001

Magnolia Neighborhood
-- Beds
-- Baths
-- Sq Ft
1960 Built

Sale Details

Date 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

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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

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Oct 10, 2016
Sold by
Bayard William N and Bayard Phyllis A
Bought by
Seller's Agent
Eric Smith
Venture Properties
Buyer's Agent
Jesse Eline
eXp Realty of Northern California, Inc.
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$195,310
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2002
Sold by
Bayard Phyllis A
Bought by
Bayard William N and Bayard Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 2002
Sold by
Bayard William N
Bought by
Bayard Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2002
Sold by
Jones Gary L
Bought by
Bayard Phyllis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Magnolia, CA

  • Josh Domke Real Estate Agent - Northstate Real Estate Professionals

    Josh Domke

    Northstate Real Estate Professionals

    (530) 732-1472

    36 Total Sales

    1 in Magnolia

    $260,000 Price

    Josh Domke
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  • Albert Naticchioni Real Estate Agent - RE/MAX of Redding

    Albert Naticchioni

    RE/MAX of Redding

    (530) 444-1558

    194 Total Sales

    2 in Magnolia

    $350K - $365K Price Range

    Albert Naticchioni
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  • Autumn Dickson Real Estate Agent - eXp Realty of California, Inc.

    Autumn Dickson

    eXp Realty of California, Inc.

    (530) 561-6123

    101 Total Sales

    1 in Magnolia

    $429,000 Price

    Autumn Dickson
     Section Image
  • Patrick Pinnow Real Estate Agent - TREG INC - The Real Estate Group

    Patrick Pinnow

    TREG INC - The Real Estate Group

    (530) 451-0930

    46 Total Sales

    1 in Magnolia

    $774,038 Price

    Patrick Pinnow
     Section Image
  • Ben Sprague Real Estate Agent - eXp Realty of California Inc

    Ben Sprague

    eXp Realty of California Inc

    (530) 240-7728

    166 Total Sales

    4 in Magnolia

    $298K - $448K Price Range

    Ben Sprague
     Section Image
  • Sandy Duggan Real Estate Agent - eXp Realty of Northern California, Inc.

    Sandy Duggan

    Responds Quickly

    eXp Realty of Northern California, Inc.

    (530) 319-5454

    202 Total Sales

    1 in Magnolia

    $441,000 Price

    Sandy Duggan
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 Fidelity Natl Title Co Of Ca
Bayard William N -- Placer Title Company
Bayard Phyllis A -- Placer Title Company
Bayard Phyllis A $258,000 Placer Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner Bayard William N $160,000
Previous Owner Bayard Phyllis A $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,129 $396,566 $100,619 $295,947
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

  • ES

    Seller's Agent in 2016

    Eric Smith

    Venture Properties

  • JE

    Buyer's Agent in 2016

    Jesse Eline

    eXp Realty of Northern California, Inc.

    (530) 605-6776

    8 in this area

    212 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

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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