Seller's Agent in 2024
Nick Kerley
Realty 110, Inc.
(530) 242-4114
1 in this area
288 Total Sales
1969 8th St Redding, CA 96001
Lakeview Neighborhood
--
Bed
--
Bath
--
Sq Ft
1980
Built
About This Home
As of December 2024Calling all savvy investors! Nearly $80,000 in gross annual income providing 7.46% CAP Rate! This charming 7-unit apartment building offers Six 1+1 units and One 2+1 unit providing the perfect blend of convenience and profitability. Nestled downtown, you'll be steps away from award-winning schools, bustling shops, and the scenic Sacramento River Trail. The best part? This well-maintained property boasts excellent upside potential - minimal investment needed to start reaping the rewards of a vibrant downtown location! Don't miss this rare opportunity to own a piece of the action in a thriving community.
Last Agent to Sell the Property
Realty 110, Inc. License #01332465 Listed on: 04/16/2024
Last Buyer's Agent
NON MEMBER
Non Member
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Parking
- Off-Street Parking
Listing and Financial Details
- Assessor Parcel Number 103-130-044-000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/26/2024 12/26/24 | Sold | $750,000 | -3.8% | -- |
| 11/06/2024 11/06/24 | Pending | -- | -- | -- |
| 10/31/2024 10/31/24 | Price Changed | $780,000 | -1.1% | -- |
| 10/24/2024 10/24/24 | Price Changed | $789,000 | -0.6% | -- |
| 10/17/2024 10/17/24 | Price Changed | $794,000 | -0.6% | -- |
| 08/13/2024 08/13/24 | Price Changed | $799,000 | -5.9% | -- |
| 07/11/2024 07/11/24 | Price Changed | $849,000 | -2.3% | -- |
| 06/20/2024 06/20/24 | Price Changed | $869,000 | -3.3% | -- |
| 05/20/2024 05/20/24 | Price Changed | $899,000 | -5.4% | -- |
| 04/16/2024 04/16/24 | For Sale | $950,000 | -- | -- |
Source: Shasta Association of REALTORS®
Tax History Compared to Growth
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 | $5,949 | $750,000 | $100,000 | $650,000 |
| 2024 | $5,859 | $557,548 | $102,484 | $455,064 |
| 2023 | $5,859 | $546,617 | $100,475 | $446,142 |
| 2022 | $5,760 | $535,900 | $98,505 | $437,395 |
| 2021 | $5,732 | $525,393 | $96,574 | $428,819 |
| 2020 | $5,807 | $520,006 | $95,584 | $424,422 |
| 2019 | $5,305 | $490,000 | $170,000 | $320,000 |
| 2018 | $5,008 | $450,000 | $165,000 | $285,000 |
| 2017 | $4,194 | $370,000 | $150,000 | $220,000 |
| 2016 | $3,596 | $320,000 | $120,000 | $200,000 |
| 2015 | $3,165 | $280,000 | $100,000 | $180,000 |
| 2014 | $2,984 | $260,000 | $90,000 | $170,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Kerley
-
Kimberly Moore
K
Seller Co-Listing Agent in 2024
Kimberly Moore
Realty 110, Inc.
(530) 355-2538
1 in this area
200 Total Sales
-
N
Buyer's Agent in 2024
NON MEMBER
Non Member
Map
Source: Shasta Association of REALTORS®
MLS Number: 24-1588
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