NOT LISTED FOR SALE

1565 Olive Ave Redding, CA 96001

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

Sale Details

Date Sold: April 5, 2013

Last sale price $850,000

60 Days on Market

About This Home

As of April 2013

The property is improved with three blds. One bldg 1575 olive 11 units. Two bldgs 1565 Olive 24 units for a total of 35. Six units have 1-bdrm 1-bath and 29 have 2-bdrms 1-bth. A laundry room is in 1575 Olive with leased machines. Each unit has a range, oven and refrigerater.

Last Agent to Sell the Property

Diana Bunney

REDDING COMMERCIAL INVESTMENTS License #00880797 Listed on: 10/11/2012

Last Buyer's Agent

Kasey Stewart

Stewart Real Estate Company License #01399535

Property Details

Home Type

  • Multi-Family

Home Design

  • Stucco

Listing and Financial Details

  • Assessor Parcel Number 105-220-024-000 105-250-001-000

Property Details

Home Type

Multi-Family

Listing Details

  • Directions: Interstate 5 to Hwy 44 west to court st. turn left to Placer go right on Placer to Olive right to the apartments on the right.
  • Prop. Type: Residential Income
  • Heating Gas: Natural
  • Subdivision Name: N/A
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Assigned
  • Parking:Assigned: Yes

Utilities

  • Heating:Electric4: Yes

Lot Info

  • Parcel #: 105-220-024-000 105-250-001-000
  • Zoning Description: RED - R-3 - Multiple Family Res Dist

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

Closed on
Sep 16, 2019
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
$1,800,000
Interest Rate
0.036%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 11, 2012
Closed on
Mar 13, 2013
Sold by
Bought by
Seller's Agent
Diana Bunney
REDDING COMMERCIAL INVESTMENTS
Buyer's Agent
Kasey Stewart
Stewart Real Estate Company
List Price
$1,150,000
Sold Price
$850,000
Premium/Discount to List
-$300,000
-26.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
0.0347%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 16, 2005
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
$1,600,000
Interest Rate
0.0572%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2001
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
$910,000
Interest Rate
0.0639%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$2,370,000 First American Title Ins Co
$850,000 Placer Title Company
-- Fidelity National Title
$2,000,000 Fidelity Natl Title Co Of Ca
$1,300,000 Chicago Title Co
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 $437,000
Open $1,800,000
Previous Owner $592,000
Previous Owner $690,000
Previous Owner $1,600,000
Previous Owner $910,000
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
04/05/2013 04/05/13 Sold $850,000 -26.1% --
12/07/2012 12/07/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $1,150,000 -- --
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 $9,758 $932,186 $153,109 $779,077
2024 $9,433 $915,414 $150,107 $765,307
2023 $9,433 $880,614 $147,164 $733,450
2022 $9,198 $860,769 $144,279 $716,490
2021 $9,010 $830,211 $141,450 $688,761
2020 $9,079 $817,010 $140,000 $677,010
2019 $4,117 $375,323 $110,389 $264,934
2018 $4,154 $367,965 $108,225 $259,740
2017 $4,132 $360,751 $106,103 $254,648
2016 $4,003 $353,678 $104,023 $249,655
2015 $3,954 $348,366 $102,461 $245,905
2014 $3,928 $341,543 $100,454 $241,089
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Diana Bunney

    REDDING COMMERCIAL INVESTMENTS

    Section Image
  • Kasey Stewart

    Buyer's Agent in 2013

    Kasey Stewart

    Stewart Real Estate Company

    (530) 510-2150

    3 in this area

    95 Total Sales

    Kasey Stewart
    Section Image
See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 12-4111

Shasta Association of REALTORS®
California Shasta County Redding 96001 Magnolia

1565 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.