NOT LISTED FOR SALE

16240 Valparaiso Way Redding, CA 96001

Shasta Neighborhood

Estimated Value: $689,046 - $744,000

3 Beds
2.5 Baths
2,566 Sq Ft
$279/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $685,000 $267 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,592/month

1 Day on Market

Highlights

  • Views of Trees
  • Granite Countertops
  • 1-Story Property
  • Shasta High School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

WONDERFUL LOCATION! This home stands out and located in a fantastic neighborhood off of Lower Springs in West Redding! This home features a spectacular open flow with over 2,500 sq ft of living space, 3 spacious bedrooms, 2.5 baths + office/family room, oversized kitchen with ample storage, granite countertops, formal dining, executive suite, oversized 3 car garage, RV parking, seasonal creek and so much more. This is a must see and walking distance to Upper Salt Creek Trailhead

Last Listed By

Cory Meyer

eXp Realty of Northern California, Inc. License #01715789 Listed on: 03/20/2022

eXp Realty of Northern California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 2001

Lot Details

  • 1.86 Acre Lot

Home Design

  • Ranch Property
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,566 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Views of Trees
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 204190021

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,543

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Bonds HOA: No
  • Directions: Take I-5 S, S Bonnyview Rd, S Market St and Buenaventura Blvd to Lower Springs Rd Follow Lower Springs Rd to Valparaiso Way in Shasta
  • Misc Amenities Gutters: Full
  • Prop. Type: Residential
  • Water District Name: Shasta
  • Year Built: 2001
  • Lot Size Acres: 1.86
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: sha.1034
  • Co List Office Phone: 530-410-6011
  • Subdivision Name: N/A
  • Architectural Style: Ranch
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: 20-30 Years
  • ViewWooded: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Kitchen Countertops: Granite Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace:Living Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Open, Trees/Woods
  • Construction Type: Stucco
  • Foundation Details: Slab

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 204190021
  • Lot Dimensions: 1.86
  • Lot Size Sq Ft: 81021.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2022
Closed on
Apr 26, 2022
Sold by
Hicks Diane E and Hicks Brian Gregory
Bought by
Boic Family Trust
Seller's Agent
Cory Meyer
eXp Realty of Northern California, Inc.
Buyer's Agent
Cassie Gyves
Shesells
List Price
$675,000
Sold Price
$685,000
Premium/Discount to List
$10,000
1.48%
Total Days on Market
1
Current Estimated Value
$714,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,762
Avg. Annual Appreciation
2.01%
Original Mortgage
$513,750
Outstanding Balance
$488,646
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$238,704

Purchase Details

Closed on
Feb 14, 2005
Sold by
Reed Jon J and Reed Mary E
Bought by
Hicks Gregory Brian and Hicks Diane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 2002
Sold by
Closed Zone Farms Inc
Bought by
Reed Jon J and Reed Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.5%

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Hicks Gregory Brian $585,000 Fidelity Natl Title Co Of Ca
Reed Jon J $385,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Gregory Brian $80,000
Closed Hicks Gregory Brian $125,000
Previous Owner Reed Jon J $297,912
Previous Owner Reed Jon J $300,700
Closed Reed Jon J $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $685,000 +1.5% $267 / Sq Ft
03/19/2022 03/19/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $675,000 -- $263 / Sq Ft
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
2024 $7,543 $712,674 $145,656 $567,018
2023 $7,543 $698,700 $142,800 $555,900
2022 $6,814 $640,000 $140,000 $500,000
2021 $5,975 $560,000 $140,000 $420,000
2020 $5,730 $530,000 $140,000 $390,000
2019 $4,468 $413,000 $130,000 $283,000
2018 $4,943 $454,000 $145,000 $309,000
2017 $4,909 $447,000 $140,000 $307,000
2016 $4,607 $435,000 $135,000 $300,000
2015 $4,616 $435,750 $136,500 $299,250
2014 $4,435 $415,000 $130,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Source: Shasta Association of REALTORS®

MLS Number: 22-1294

Shasta Association of REALTORS®

APN: 204-190-021-000