NOT LISTED FOR SALE

20522 Old 44 Dr Redding, CA 96003

Redding Area
-- Bed
-- Bath
-- Sq Ft
1971 Built

Sale Details

Date Sold: August 8, 2025

Last sale price $875,000

7 Days on Market

About This Home

As of August 2025

One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside. Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare. In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher. Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding. Opportunities like this don't come around often

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 07/29/2025

Co-Listed By

Kimberly Moore

Realty 110, Inc. License #02059831

Last Buyer's Agent

Erik Kloth

Josh Barker Real Estate License #01800298

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 111-100-015-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0 Sq Ft Lot

Listing Details

  • Directions: Old 44 East
  • Prop. Type: Residential Income
  • Year Built: 1971
  • Co List Office Mls Id: sha.2109
  • Co List Office Phone: 530-242-4114
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

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

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating:Heat Pump: Yes

Lot Info

  • Parcel #: 111-100-015-000
  • Zoning Description: NOT AVAILABLE

Multi Family

  • Number Of Units Total: 7

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
Jul 29, 2025
Closed on
Aug 6, 2025
Sold by
Bought by
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Erik Kloth
Josh Barker Real Estate
List Price
$999,000
Sold Price
$875,000
Premium/Discount to List
-$124,000
-12.41%
Views
69

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$544,663
Interest Rate
6.77%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 5, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 11, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 1999
Sold by
Bought by
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
$875,000 Fidelity National Title Compan
-- None Available
$210,000 None Available
-- None Available
-- --
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 $550,000
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
03/20/2026 03/20/26 Off Market $1,200 -- --
01/17/2026 01/17/26 Price Changed $1,200 +9.1% $1 / Sq Ft
01/16/2026 01/16/26 Price Changed $1,100 -8.3% $1 / Sq Ft
01/15/2026 01/15/26 For Rent $1,200 0.0% --
08/08/2025 08/08/25 Sold $875,000 -7.8% --
08/05/2025 08/05/25 Pending -- -- --
05/29/2025 05/29/25 Price Changed $949,000 -2.7% --
05/07/2025 05/07/25 Price Changed $975,000 -2.4% --
04/11/2025 04/11/25 For Sale $999,000 -- --
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 $7,315 $875,000 $200,000 $675,000
2025 $7,212 $650,840 $135,579 $515,261
2024 $7,237 $638,079 $132,921 $505,158
2023 $7,237 $625,568 $130,315 $495,253
2022 $6,976 $613,303 $127,760 $485,543
2021 $6,945 $601,278 $125,255 $476,023
2020 $6,895 $595,113 $123,971 $471,142
2019 $6,738 $583,445 $121,541 $461,904
2018 $6,775 $572,006 $119,158 $452,848
2017 $6,853 $560,791 $116,822 $443,969
2016 $6,424 $549,796 $114,532 $435,264
2015 $6,324 $541,538 $112,812 $428,726
2014 -- $530,931 $110,603 $420,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 25-1518

Shasta Association of REALTORS®
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