NOT LISTED FOR SALE

1958 9th St Redding, CA 96001

Lakeview Neighborhood

Estimated Value: $512,000 - $612,000

8 Beds
4 Baths
3,680 Sq Ft
$149/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $457,000 $124 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,287/month

5 Days on Market

About This Home

As of August 2021

Fourplex for sale with excellent upside potential with below market rents. All units are 2 bedrooms with 1 bathroom with carport parking, but unit #4 has an additional bonus room with a garage. This fourplex is all ground level with no stairs or 2nd floors, and all of the tenants have been excellent and low-maintenance. Please do not disturb the tenants, interior tours subject to acceptance of an offer. Additional photos coming soon.

Last Agent to Sell the Property

Chris Haedrich

Haedrich & Co., Inc. Listed on: 07/08/2021

Last Buyer's Agent

Danit Dollar

Terence Davis & Associates License #01869728

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.5

Parking

  • Off-Street Parking

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 103-130-041

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: Off Eureka Way/299 go north on Magnolia, the property is at the corner of Magnolia & 9th Street immediately behind U-Prep school.
  • Prop. Type: Residential Income
  • Year Built: 1972
  • Heating Gas: Natural
  • 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: Evaporative Cooling, Window Unit(s)
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 103-130-041
  • Lot Dimensions: 0.5
  • Zoning Description: RED - RM - Multiple Family Districts

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2021
Closed on
Jul 29, 2021
Sold by
Blue Water Unlimited Llc
Bought by
Top Dollar Investments Inc
Seller's Agent
Chris Haedrich
Haedrich & Co., Inc.
Buyer's Agent
Danit Dollar
Terence Davis & Associates
List Price
$455,000
Sold Price
$457,000
Premium/Discount to List
$2,000
0.44%
Current Estimated Value
$548,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,043
Avg. Annual Appreciation
4.17%
Original Mortgage
$225,000
Outstanding Balance
$204,687
Interest Rate
2.93%
Mortgage Type
Commercial
Estimated Equity
$343,356

Purchase Details

Closed on
May 5, 2004
Sold by
Casparino William J and Casparino Jeanne M
Bought by
Kader Sami A and Kader Shantel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Casparino William J and Casparino Jeanne M
Bought by
Anderson Kay L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2002
Sold by
Casparino William John and Casparino Jeanne Marie
Bought by
Anderson Kay L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 9, 2002
Sold by
Anderson William L
Bought by
Anderson Kay L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.78%

Purchase Details

Closed on
Apr 3, 2002
Sold by
Anderson Kay L
Bought by
Casparino William John and Casparino Jeanne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.78%

Purchase Details

Closed on
Mar 4, 2002
Sold by
Anderson Kay L
Bought by
Casparino William John and Casparino Jeanne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.78%
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
Top Dollar Investments Inc $457,000 Fidelity Natl Ttl Co Of Ca
Kader Sami A $320,000 First American Title Co
Anderson Kay L -- Stewart Title Of Ca Inc
Casparino William J -- Stewart Title Of Ca Inc
Anderson Kay L -- Alliance Title Company
Anderson Kay L -- Alliance Title Company
Casparino William John -- Alliance Title Company
Casparino William John -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Dollar Investments Inc $225,000
Previous Owner Kader Sami A $240,000
Previous Owner Casparino William J $168,000
Previous Owner Casparino William John $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2021 08/03/21 Sold $457,000 +0.4% $124 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $455,000 -- $124 / 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 $5,049 $484,970 $68,978 $415,992
2024 $4,972 $475,462 $67,626 $407,836
2023 $4,972 $466,140 $66,300 $399,840
2022 $4,889 $457,000 $65,000 $392,000
2021 $4,032 $370,000 $70,000 $300,000
2020 $4,126 $370,000 $70,000 $300,000
2019 $3,254 $300,000 $60,000 $240,000
2018 $3,020 $270,000 $50,000 $220,000
2017 $3,062 $270,000 $50,000 $220,000
2016 $2,914 $260,000 $50,000 $210,000
2015 $2,903 $260,000 $50,000 $210,000
2014 $2,718 $240,000 $40,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Haedrich

    Haedrich & Co., Inc.

  • D

    Buyer's Agent in 2021

    Danit Dollar

    Terence Davis & Associates

    (530) 351-8600

    1 in this area

    53 Total Sales

    Danit Dollar
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Map

Source: Shasta Association of REALTORS®

MLS Number: 21-3209

Shasta Association of REALTORS®

APN: 103-130-041-000

California Shasta County Redding 96001 Lakeview

1958 9th St, Redding, CA

Not Listed for Sale

MultiFamily

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