NOT LISTED FOR SALE

1812 Parallel St Shasta Lake, CA 96019

Shasta Lake Area
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

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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
Mar 27, 2019
Closed on
Apr 29, 2019
Sold by
Bought by
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$539,000
Sold Price
$534,000
Premium/Discount to List
-$5,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,200
Outstanding Balance
$237,076
Interest Rate
4.3%
Mortgage Type
New Conventional
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
$534,000 Old Republic 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
Open $274,200
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
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

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
2026 $6,838 $607,594 $153,603 $453,991
2025 $6,838 $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

  • Nick Kerley Real Estate Agent - Realty 110, Inc.

    Seller's Agent in 2019

    Nick Kerley

    Realty 110, Inc.

    (530) 242-4114

    251 Total Sales

    Nick Kerley
    Section Image

  • N

    Buyer's Agent in 2019

    NON MEMBER

    Big Valley Properties

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 19-1380

Shasta Association of REALTORS®

APN: 007-260-35

California Shasta County Shasta Lake 96019

1812 Parallel St, Shasta Lake, 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.