NOT LISTED FOR SALE

Estimated Value: $342,000 - $407,000

2 Beds
1 Bath
2,046 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $359,000 $175 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,187/month

53 Days on Market

Highlights

  • Central Air
  • Shasta High School Rated A
  • 4-minute walk to Magnolia Park

About This Home

As of November 2024

**For Sale: Downtown Redding Duplex!** Discover the potential of this prime downtown Redding duplex, featuring two generous units that are fully occupied and ready to generate income. The back unit boasts a thoughtful layout with 2 bedrooms plus a sunroom that can serve as a third bedroom. Enjoy a spacious living room, a large kitchen, a cozy dining area, a full bathroom, and the convenience of an indoor laundry room and storage shed. The front unit offers 3 bedrooms and 1.5 bathrooms, with an inviting living room, a well-equipped kitchen, and a dining area that's perfect for entertaining. With gross yearly rents of $27,600 and excellent upside potential, this property is an investor's dream. Don't miss your chance to own a piece of downtown Redding!

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 09/21/2024

Co-Listed By

Kimberly Moore

Realty 110, Inc. License #02059831

Last Buyer's Agent

Drew Wahlund

Wahlund & Co. Realty Group License #01918133

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 5,663

Parking

  • Off-Street Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 105-450-046-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: West up Placer Street. Right onto Willis Street. Property is on the right.
  • Prop. Type: Residential Income
  • Year Built: 1972
  • Co List Office Mls Id: sha.2109
  • Co List Office Phone: 530-242-4114
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 105-450-046-000
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Cherry James Mchomer and Cherry James Marshall
Bought by
Jkkc Properties Llc
Current Estimated Value
$370,470

Purchase Details

Listed on
Sep 21, 2024
Closed on
Nov 25, 2024
Sold by
Shasta Llc
Bought by
Cherry James Mchomer and Cherry James Marshall
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Drew Wahlund
Wahlund & Co. Realty Group
List Price
$375,000
Sold Price
$359,000
Premium/Discount to List
-$16,000
-4.27%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%

Purchase Details

Closed on
Nov 2, 2018
Sold by
Horne David R
Bought by
Horne Ashley Erickson and Horne Elizabeth Renee

Purchase Details

Closed on
Dec 18, 2017
Sold by
Horne David R
Bought by
Horne David R and Horne Donna M Baird

Purchase Details

Closed on
Sep 15, 2017
Sold by
Horne David R and Barid Horne Donna M
Bought by
Mighty Oak Llc

Purchase Details

Listed on
Apr 13, 2017
Closed on
May 22, 2017
Sold by
Richards Denean L
Bought by
Horne David R and Baird Horne Donna M
Seller's Agent
Nick Kerley
DROZ CORPORATION
Buyer's Agent
Nick Kerley
DROZ CORPORATION
List Price
$255,000
Sold Price
$250,000
Premium/Discount to List
-$5,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Richads Denean Louise and Denean Louise Richards Living
Bought by
Richards Denean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2015
Sold by
Richards Denean Louise
Bought by
Richards Denean Louise

Purchase Details

Closed on
May 16, 2006
Sold by
Baldi Nancy J
Bought by
Richards Denean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 20, 2001
Sold by
Baldi Nancy Jean
Bought by
Horvatic Arlene T
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Jkkc Properties Llc -- None Listed On Document
Cherry James Mchomer $359,000 First American Title
Horne Ashley Erickson -- None Available
Horne David R -- None Available
Horne David R -- None Available
Mighty Oak Llc -- None Available
Horne David R $250,000 Fidelity Natl Title Co Of Ca
Richards Denean L -- Lawyer Title
Richards Denean Louise -- None Available
Richards Denean $300,000 First American Title Co
Horvatic Arlene T $154,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Denean L $120,000
Previous Owner Richards Denean $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2024 11/27/24 Sold $359,000 -4.3% $175 / Sq Ft
11/13/2024 11/13/24 Pending -- -- --
09/21/2024 09/21/24 For Sale $375,000 +50.0% $183 / Sq Ft
05/25/2017 05/25/17 Sold $250,000 -2.0% $122 / Sq Ft View Prior Sale
04/18/2017 04/18/17 Pending -- -- --
04/13/2017 04/13/17 For Sale $255,000 -- $125 / 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
2025 $3,012 $359,000 $60,000 $299,000
2024 $2,966 $284,452 $56,889 $227,563
2023 $2,966 $278,875 $55,774 $223,101
2022 $2,916 $273,408 $54,681 $218,727
2021 $2,903 $268,048 $53,609 $214,439
2020 $2,941 $265,301 $53,060 $212,241
2019 $2,792 $260,100 $52,020 $208,080
2018 $2,818 $255,000 $51,000 $204,000
2017 $1,973 $175,000 $50,000 $125,000
2016 $1,894 $170,000 $50,000 $120,000
2015 $1,766 $158,000 $50,000 $108,000
2014 $1,700 $150,000 $50,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 24-4082

Shasta Association of REALTORS®

APN: 105-450-046-000