1602 Olive Ave Redding, CA 96001
Magnolia NeighborhoodEstimated Value: $178,000 - $274,000
2
Beds
1
Bath
829
Sq Ft
$300/Sq Ft
Est. Value
Highlights
- City View
- Traditional Architecture
- No HOA
- Shasta High School Rated A
- Solid Surface Countertops
- 3-minute walk to Benton Dog Park
About This Home
As of March 2021Come see this vintage cottage on the hill! Everything you've been looking for in a ''Downtown Charmer'' with the added advantages of an upgraded kitchen and bath with modern amenities. Enjoy hardwood floors, a recently painted interior and exterior as well as a professionally landscaped, easy maintenance yard. Spacious indoor laundry and detached 1 car garage are a big plus! This has been an investment property and is bringing in an average of over $2100/month for the last two years. Perfect turn key opportunity for an investor looking for a traveling nurse rental or AirBnB. All furnishings are negotiable. All appliances are included! This beauty will go quickly!
Last Agent to Sell the Property
Chelsea Valach
Upward Realty License #01335832 Listed on: 02/03/2021
Last Buyer's Agent
Mari McCurdy
Properties by Merit Inc. License #1947064
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,710
Year Built
- Built in 1939
Lot Details
- Property is Fully Fenced
- Sprinkler System
Property Views
- City
- Mountain
Home Design
- Traditional Architecture
- Raised Foundation
- Composition Roof
- Lap Siding
Interior Spaces
- 829 Sq Ft Home
- 1-Story Property
- Washer and Dryer
Kitchen
- Built-In Microwave
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- Oversized Parking
- Off-Street Parking
Additional Features
- Covered Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 105-260-011-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2021
Closed on
Mar 17, 2021
Sold by
Mcmasters Elise and Mcmasters Thomas
Bought by
Murphy Erin
Seller's Agent
Chelsea Valach
Upward Realty
Buyer's Agent
Mari McCurdy
Properties by Merit Inc.
List Price
$239,000
Sold Price
$245,000
Premium/Discount to List
$6,000
2.51%
Total Days on Market
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,113
Avg. Annual Appreciation
-0.52%
Original Mortgage
$232,750
Outstanding Balance
$212,867
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$26,859
Purchase Details
Closed on
Dec 14, 2018
Sold by
Hill Wendy L and Hamblock Wendy L
Bought by
Mcmasters Elise and Mcmasters Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2005
Sold by
Stearns William R
Bought by
Hamblock Wendy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,900
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 11, 2003
Sold by
Stearns William R
Bought by
Stearns William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.12%
Purchase Details
Closed on
Apr 13, 2000
Sold by
Harvey Richard W and Harvey 1992 Revocable Living T
Bought by
Stearns William R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.24%
Mortgage Type
Construction
Similar Homes in Redding, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murphy Erin | $245,000 | Placer Title Company | |
| Mcmasters Elise | $185,000 | Placer Title Co | |
| Hamblock Wendy L | $206,000 | Alliance Title Company | |
| Stearns William R | -- | First American Title Co | |
| Stearns William R | $45,000 | Placer Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murphy Erin | $232,750 | |
| Previous Owner | Mcmasters Elise | $148,000 | |
| Previous Owner | Hamblock Wendy L | $205,900 | |
| Previous Owner | Stearns William R | $76,000 | |
| Previous Owner | Stearns William R | $42,400 | |
| Previous Owner | Stearns William R | $42,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $245,000 | +2.5% | $296 / Sq Ft |
| 02/07/2021 02/07/21 | Pending | -- | -- | -- |
| 02/02/2021 02/02/21 | For Sale | $239,000 | -- | $288 / Sq Ft |
Source: Shasta Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,710 | $259,995 | $37,142 | $222,853 |
| 2023 | $2,710 | $254,898 | $36,414 | $218,484 |
| 2022 | $2,665 | $249,900 | $35,700 | $214,200 |
| 2021 | $2,072 | $190,654 | $25,764 | $164,890 |
| 2020 | $2,126 | $191,140 | $25,500 | $165,640 |
| 2019 | $1,993 | $185,000 | $25,000 | $160,000 |
| 2018 | $1,375 | $130,000 | $30,000 | $100,000 |
| 2017 | $1,133 | $106,400 | $30,000 | $76,400 |
| 2016 | $994 | $95,000 | $30,000 | $65,000 |
| 2015 | $854 | $82,000 | $30,000 | $52,000 |
| 2014 | $864 | $82,000 | $30,000 | $52,000 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Chelsea Valach
Upward Realty
(530) 210-4949
6 in this area
126 Total Sales
-
M
Buyer's Agent in 2021
Mari McCurdy
Properties by Merit Inc.
Map
Source: Shasta Association of REALTORS®
MLS Number: 21-449
APN: 105-260-011-000
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.
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
- 1431 Orange Ave
- 2176 Placer St
- 1423 Orange Ave
- 2235 Tehama St
- 2303 Gold St
- 2066 Placer St
- 2760 Shasta St
- 1605 Mesa St
- 1455 Mesa St
- 1191 Hillcrest Place
- 1170 Orange Ave
- 2190 Skyline Dr
- 1262 Rose Ave
- 2327 Eureka Way
- 2381/2401 West St
- 2330 West St
- 1144 Willis St
- 1868 Gold St
- 2365 Skyline Dr
- 2043 Octavia St