NOT LISTED FOR SALE

1559 Willis St Redding, CA 96001

Magnolia Neighborhood
2 Beds
1 Bath
934 Sq Ft
1907 Built

Sale Details

Date Sold: March 1, 2021

Last sale price $450,000 $482 Per Sq Ft

40 Days on Market

Highlights

  • Evaporated cooling system
  • Shasta High School Rated A
  • Wood Siding

About This Home

As of March 2021

4 unit, fully occupied investment property close to downtown & hospitals! This property has been averaging close to $3800/month in income over the last 6 months. All units have been recently remodeled and have laundry hookups + their own fenced yards. There are 2 furnished units always in-demand due to the close proximity to hospitals & downtown (traveling nurses etc). Front home is a 2 bedroom/1 bathroom + bonus room (currently has a bunkbed in it), with driveway parking. Studio is also accessed from the street and has a large storage room/laundry room. Duplex is accessed from the alley with ample parking. One side is rented furnished and shorter term. One side is unfurnished and rented longer term. 3D virtual tours on all 4 units. INCOME PRODUCER, great location, turn-key!

Last Agent to Sell the Property

STACY BAXTER

Venture Properties License #02012740 Listed on: 11/10/2020

Last Buyer's Agent

NON MEMBER

Big Valley Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 105-450-048-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Listing Details

  • Directions: Placer to right on Willis. Property is on the right.
  • Prop. Type: Residential Income
  • Year Built: 1907
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

  • Cooling: Evaporative Cooling, Window Unit(s)
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 105-450-048-000
  • Lot Dimensions: 10,019
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Management

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
Nov 10, 2020
Closed on
Feb 19, 2021
Sold by
Bought by
Seller's Agent
STACY BAXTER
Venture Properties
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 21, 2018
Sold by
Bought by
Seller's Agent
Lynda Martz
Relevant Real Estate
Buyer's Agent
STACY BAXTER
Venture Properties
List Price
$215,000
Sold Price
$255,000
Premium/Discount to List
$40,000
18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.84%
Original Mortgage
$191,925
Interest Rate
0.0404%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 7, 2018
Sold by
Bought by
Seller's Agent
Lynda Martz
Relevant Real Estate
Buyer's Agent
STACY BAXTER
Venture Properties
List Price
$215,000
Sold Price
$255,000
Premium/Discount to List
$40,000
18.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,925
Interest Rate
0.0404%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,470
Interest Rate
0.082%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 29, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
0.0762%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- Fidelity National Title
$450,000 Fidelity National Title
-- None Available
$256,000 None Available
-- Title Trust Deed Svcs Co
$91,000 Placer Title Company
$75,000 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 $337,500
Closed $340,000
Previous Owner $191,925
Previous Owner $251,600
Previous Owner $100,000
Previous Owner $50,000
Previous Owner $130,000
Previous Owner $116,471
Previous Owner $90,470
Previous Owner $18,603
Previous Owner $52,500
Previous Owner $40,000
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 Prior Sale
03/01/2021 03/01/21 Sold $450,000 -5.3% $482 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
11/10/2020 11/10/20 For Sale $475,000 +86.3% $509 / Sq Ft
03/02/2018 03/02/18 Sold $255,000 +18.6% $273 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $215,000 -- $230 / Sq Ft
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
2025 $5,054 $487,093 $64,945 $422,148
2024 $4,978 $477,543 $63,672 $413,871
2023 $4,978 $468,180 $62,424 $405,756
2022 $4,894 $459,000 $61,200 $397,800
2021 $2,939 $268,995 $52,558 $216,437
2020 $2,978 $266,238 $52,020 $214,218
2019 $2,828 $261,018 $51,000 $210,018
2018 $2,833 $255,000 $50,000 $205,000
2017 $1,353 $117,484 $32,449 $85,035
2016 $1,311 $115,181 $31,813 $83,368
2015 $1,295 $113,452 $31,336 $82,116
2014 $1,286 $111,231 $30,723 $80,508
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    STACY BAXTER

    Venture Properties

  • N

    Buyer's Agent in 2021

    NON MEMBER

    Big Valley Properties

  • L

    Seller's Agent in 2018

    Lynda Martz

    Relevant Real Estate

    (530) 319-3301

    14 Total Sales

    Lynda Martz
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Map

Source: Shasta Association of REALTORS®

MLS Number: 20-5437

Shasta Association of REALTORS®

APN: 105-450-48

California Shasta County Redding 96001 Magnolia

1559 Willis St, 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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