NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1972 Built

Sale Details

Date Sold: February 27, 2023

Last sale price $4,100,000

About This Home

As of February 2023

38 Unit Apartment Building with pool and co-op laundry room. Each unit is 2 Bedrooms + 1 Bath with Central Heating & Air Conditioning, & Off-Street Parking. Tenant's Pay all utilities except water and trash. 100% Occupied. Annual Gross Income over $384,000 with a CAP Rate at 6.2%. Each unit is in fair to good condition with well maintained grounds and exteriors.

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 02/28/2023

Last Buyer's Agent

Eric Huber

Property Upsurge, Inc. License #01523116

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Parking

  • Off-Street Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 202-450-042-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Listing Details

  • Directions: HWY 273 turn West on Bruce St.
  • Prop. Type: Residential Income
  • Year Built: 1972
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel #: 202-450-042-000
  • Lot Dimensions: 43,560
  • Zoning Description: NOT AVAILABLE

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

Listed on
Feb 28, 2023
Closed on
Feb 8, 2023
Sold by
Bought by
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Eric Huber
Property Upsurge, Inc.
List Price
$4,100,000
Sold Price
$4,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,340,000
Interest Rate
0.0633%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 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
$1,744,000
Interest Rate
0.0561%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 22, 2001
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
$160,000
Interest Rate
0.0715%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 4, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1999
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
$25,000
Interest Rate
0.0673%
Mortgage Type
Commercial
Source: Public Records
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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
$4,100,000 Fidelity National Title Compan
-- None Available
-- None Available
$2,180,000 Fidelity Natl Title Co Of Ca
-- Fidelity National Title Co
-- --
-- Fidelity National Title Co
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
Open $2,340,000
Previous Owner $1,612,500
Previous Owner $1,744,000
Previous Owner $840,000
Previous Owner $160,000
Previous Owner $25,000
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
02/27/2023 02/27/23 Sold $4,100,000 0.0% --
02/27/2023 02/27/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $4,100,000 -- --
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 $64,311 $4,269,452 $832,320 $3,437,132
2024 $43,187 $4,187,250 $816,000 $3,371,250
2023 $43,187 $2,701,431 $904,294 $1,797,137
2022 $41,925 $2,645,536 $886,563 $1,758,973
2021 $39,717 $2,411,620 $600,000 $1,811,620
2020 $37,183 $2,011,890 $600,000 $1,411,890
2019 $33,307 $1,811,480 $525,000 $1,286,480
2018 $31,096 $1,585,450 $450,000 $1,135,450
2017 $31,807 $1,509,200 $400,000 $1,109,200
2016 $29,228 $1,360,970 $375,000 $985,970
2015 $28,701 $1,310,970 $350,000 $960,970
2014 $28,489 $1,305,500 $350,000 $955,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 23-681

Shasta Association of REALTORS®
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