NOT LISTED FOR SALE

1812 Parallel St Shasta Lake, CA 96019

1 Bed
1 Bath
480 Sq Ft
1951 Built

Sale Details

Date Sold: April 30, 2019

Last sale price $534,000 $1,112 Per Sq Ft

8 Days on Market

About This Home

As of April 2019

Well cared-for and maintained 8 Unit apartment complex. Features 3 separate One Bedroom Cottages Plus a stand alone 5 plex and coin-op onsite laundry room onsite. Property has been professionally managed for years. Low maintenance, Low Landlord Expense, Fully Occupied & Producing Over $61,000 per year annually at a 7.80% Cap Rate. Don't let this rare opportunity pass you by call today!

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 03/27/2019

Last Buyer's Agent

NON MEMBER

Big Valley Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Home Design

  • Wood Siding
  • Stucco

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 007-260-035-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Listing Details

  • Directions: Take I5 North to Shasta Dam Blvd. Make a left onto Cascade, turn left onto Second St. Property is on the right.
  • Prop. Type: Residential Income
  • Year Built: 1951
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Stucco, Wood Siding

Garage/Parking

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

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 007-260-035-000
  • Lot Dimensions: 14,992
  • Zoning Description: NOT AVAILABLE
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Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $534,000 -0.9% $1,113 / Sq Ft
04/03/2019 04/03/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $539,000 -- $1,123 / Sq Ft
Source: Shasta Association of REALTORS®

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 $6,492 $595,682 $150,592 $445,090
2024 $6,367 $584,003 $147,640 $436,363
2023 $6,367 $572,553 $144,746 $427,807
2022 $6,199 $561,327 $141,908 $419,419
2021 $6,119 $550,322 $139,126 $411,196
2020 $6,093 $544,680 $137,700 $406,980
2019 $3,317 $294,077 $63,601 $230,476
2018 $3,252 $288,311 $62,354 $225,957
2017 $3,214 $282,659 $61,132 $221,527
2016 $3,075 $277,118 $59,934 $217,184
2015 $2,992 $272,956 $59,034 $213,922
2014 $3,018 $267,610 $57,878 $209,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 19-1380

Shasta Association of REALTORS®

APN: 007-260-35

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