Ben Sprague
eXp Realty of California Inc
(530) 240-7728
166 Total Sales
2 in Lakeview
$340K - $385K Price Range
1969 8th St Redding, CA 96001
Lakeview Neighborhood
--
Beds
--
Baths
--
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
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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
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
Apr 16, 2024
Closed on
Feb 12, 2025
Sold by
Najib Temour and Najib Elba Edith
Bought by
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
NON MEMBER
Non Member
List Price
$950,000
Sold Price
$750,000
Premium/Discount to List
-$200,000
-21.05%
Views
37
Purchase Details
Listed on
Apr 16, 2024
Closed on
Nov 26, 2024
Sold by
Seda 2014 Trust and Seda John J
Bought by
Najib Temour and Najib Elba Edith
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
NON MEMBER
Non Member
List Price
$950,000
Sold Price
$750,000
Premium/Discount to List
-$200,000
-21.05%
Views
37
Purchase Details
Closed on
Jun 3, 2014
Sold by
Seda John and Seda Shannon
Bought by
Sseda 2014 Trust and Seda Shannon M
Purchase Details
Closed on
Jun 25, 2004
Sold by
Gong Xun and Jiang Vivian Chu
Bought by
Seda John and Seda Shannon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.29%
Mortgage Type
Commercial
Purchase Details
Closed on
May 30, 2001
Sold by
Deyle Shirley D
Bought by
Gong Xun and Jiang Vivian Chu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.15%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lakeview, CA
-
Ben Sprague
-
Josh Domke
Josh Domke
Northstate Real Estate Professionals
(530) 732-1472
36 Total Sales
1 in Lakeview
$105,000 Price
-
Albert Naticchioni
Albert Naticchioni
RE/MAX of Redding
(530) 444-1558
194 Total Sales
2 in Lakeview
$399K - $633K Price Range
-
Sandra McKenna
SM
Sandra McKenna
Responds QuicklyBanner Real Estate
(530) 494-6366
50 Total Sales
1 in Lakeview
$285,000 Price
-
John Wildey
John Wildey
Responds QuicklyColdwell Banker Select Real Estate - Redding
(530) 768-2023
55 Total Sales
1 in Lakeview
$321,950 Price
-
Chelsea Valach
Chelsea Valach
Upward Realty
(916) 884-5372
104 Total Sales
4 in Lakeview
$315K - $435K Price Range
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| East Branch Llc | -- | None Listed On Document | |
| Najib Temour | $750,000 | Placer Title | |
| Sseda 2014 Trust | -- | None Available | |
| Seda John | $400,000 | Fidelity Natl Title Co Of Ca | |
| Gong Xun | $175,000 | 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 |
|---|---|---|---|
| Previous Owner | $408,000 | ||
| Previous Owner | Gong Xun | $122,500 |
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 |
|---|---|---|---|---|
| 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
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 | $7,914 | $750,350 | $100,000 | $650,350 |
| 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
Seller's Agent in 2024
Nick Kerley
Realty 110, Inc.
(530) 242-4114
1 in this area
254 Total Sales
-
Kimberly Moore
KM
Seller Co-Listing Agent in 2024
Kimberly Moore
Realty 110, Inc.
(530) 355-2538
1 in this area
200 Total Sales
-
NM
Buyer's Agent in 2024
NON MEMBER
Non Member
Map
Source: Shasta Association of REALTORS®
MLS Number: 24-1588
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.
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