NOT LISTED FOR SALE

1640 E Cypress Ave Redding, CA 96002

Mistletoe Neighborhood

Estimated Value: $2,256,303

Studio
-- Bath
1,500 Sq Ft
$1,504/Sq Ft Est. Value

Sale Details

Date Sold: December 16, 2016

Last sale price $1,550,000 $1,033 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $13,796 / mo

108 Days on Market

About This Home

As of December 2016

PROPERTY IS VERY WELL MAINTAINED WITH NEW SECURITY AND ENTRANCE FACILITY COMPLETED LAST YEAR. THE VACANCY IN 2015 WAS APPROXIMATELY 8%. SO FAR THIS YEAR THE VACANCY IS LESS THAN 3%. SELLERS WILL LEASE BACK THEIR OFFICE SPACE IF BUYER SO DESIRES.

Last Agent to Sell the Property

RON MUNK

TERRA PROPERTIES License #00851204 Listed on: 08/01/2016

Last Buyer's Agent

Elizabeth Gowen

Vylla Home, Inc. License #01901160

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.07 Acre Lot

Home Design

  • Tile Roof
  • Metal Roof
  • Metal Siding
  • Stucco

Listing and Financial Details

  • Assessor Parcel Number 067-080-016

Property Details

Home Type

Multi-Family

Lot Details

1.07 Acres

Listing Details

  • Directions: FROM I-5 TRAVEL EAST ON EAST CYPRESS AVE. PROPERTY IS ON LEFT JUST WEST OF VICTOR AVE.
  • Prop. Type: Investment
  • RoofTile: Yes
  • Financial Info Complete Package: Yes
  • Financial Info Include Vacancy: Yes
  • Lot Size Acres: 1.07
  • Utilities Sewer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Metal, Tile
  • Construction Type: Stucco, Metal Siding

Lot Info

  • Parcel #: 067-080-016
  • Lot Size Sq Ft: 46600.0
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: RED - C-3 - Heavey CM and Light Indust Dist
  • ResoLotSizeUnits: SquareFeet

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
Jan 24, 2019
Sold by
Bought by
Current Estimated Value
$2,256,303

Purchase Details

Listed on
Aug 1, 2016
Closed on
Dec 12, 2016
Sold by
Bought by
Seller's Agent
RON MUNK
TERRA PROPERTIES
Buyer's Agent
Elizabeth Gowen
Vylla Home, Inc.
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%

Purchase Details

Closed on
Mar 25, 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
$805,000
Interest Rate
0.056%
Mortgage Type
Commercial
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

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
$1,598,000 Fidelity National Title Co O
$1,550,000 Placer Title Company
$1,150,000 Placer Title Company
-- Placer Title Company
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
Previous Owner $3,300,000
Previous Owner $780,000
Previous Owner $805,000
Previous Owner $535,000
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
12/16/2016 12/16/16 Sold $1,550,000 -3.1% $1,033 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $1,600,000 -- $1,067 / Sq Ft
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 $19,310 $1,779,248 $446,205 $1,333,043
2024 $19,050 $1,744,361 $437,456 $1,306,905
2023 $19,050 $1,710,159 $428,879 $1,281,280
2022 $18,520 $1,676,627 $420,470 $1,256,157
2021 $17,898 $1,643,753 $412,226 $1,231,527
2020 $17,826 $1,626,900 $408,000 $1,218,900
2019 $17,879 $1,612,620 $520,200 $1,092,420
2018 $17,680 $1,581,000 $510,000 $1,071,000
2017 $17,999 $1,550,000 $500,000 $1,050,000
2016 $10,885 $975,000 $275,000 $700,000
2015 $10,134 $900,000 $250,000 $650,000
2014 -- $675,000 $150,000 $525,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    RON MUNK

    TERRA PROPERTIES

  • E

    Buyer's Agent in 2016

    Elizabeth Gowen

    Vylla Home, Inc.

    (530) 917-0141

    13 Total Sales

    Elizabeth Gowen
    Section Image

  • L

    Buyer's Agent in 2016

    LIZ GOWEN

    SUMMIT REALTY GROUP

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 16-3815

Shasta Association of REALTORS®

APN: 067-080-016-000

California Shasta County Redding 96002 Mistletoe

1640 E Cypress 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.

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