NOT LISTED FOR SALE

1576 Chestnut St Redding, CA 96001

Magnolia Neighborhood
-- Bed
-- Bath
-- Sq Ft
1937 Built

Last Sold February 10, 2020

Last sale price $1,038,375

196 Days on Market

About This Home

As of February 2020

Thorough Renovation Just Completed on this Classic Art-Deco 12 Unit Complex. Finished with upgrades that kept to the original charm & character while still offering energy efficiency & modern touches tenants love! From subway tiles in the kitchens & baths to tile floors in the hallways & balconies, new dual pane windows, new A/C's, upgraded laundry room & so much more. Don't Wait! Cap is over 7%!

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 10/24/2019

Last Buyer's Agent

NON MEMBER

Big Valley Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Parking

  • Off-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 105-450-050-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Directions: Take Placer make a right onto Chestnut St. Property is on the left.
  • Prop. Type: Residential Income
  • Year Built: 1937
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating:Heat Pump: Yes

Lot Info

  • Parcel #: 105-450-050-000
  • Lot Dimensions: 10,454
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Water

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
02/10/2020 02/10/20 Sold $1,038,375 -5.2% --
01/09/2020 01/09/20 Pending -- -- --
06/27/2019 06/27/19 For Sale $1,095,000 -- --
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 $11,853 $1,135,381 $218,727 $916,654
2024 $11,675 $1,113,503 $214,439 $899,064
2023 $11,675 $1,091,979 $210,235 $881,744
2022 $11,480 $1,070,661 $206,113 $864,548
2021 $11,428 $1,049,960 $202,072 $847,888
2020 $8,267 $736,285 $131,871 $604,414
2019 $7,852 $721,849 $129,286 $592,563
2018 $7,921 $707,696 $126,751 $580,945
2017 $7,878 $693,820 $124,266 $569,554
2016 $7,630 $680,217 $121,830 $558,387
2015 $7,534 $670,000 $120,000 $550,000
2014 -- $214,346 $67,479 $146,867
Source: Public Records

Agents Affiliated with this Home

  • Nick Kerley

    Seller's Agent in 2020

    Nick Kerley

    Realty 110, Inc.

    (530) 242-4114

    11 in this area

    288 Total Sales

    Nick Kerley
    Section Image

  • N

    Buyer's Agent in 2020

    NON MEMBER

    Big Valley Properties

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 19-3498

Shasta Association of REALTORS®
California Shasta County Redding 96001 Magnolia

1576 Chestnut St, Redding, CA

Not Listed for Sale

MultiFamily

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