NOT LISTED FOR SALE

Estimated Value: $1,675,111

-- Bed
-- Bath
6,000 Sq Ft
$279/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $1,550,000 $258 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,846/month

1 Day on Market

About This Home

As of January 2022

FedEx Office. Long term tenant (since 2006). Open market renewal option coming March 2026. Opportunity for a substantial increase in NOI. Call for details and complete package. Do Not Disturb Tenant!

Last Listed By

Ken Miller

Northstate Commercial Partners License #00818540 Listed on: 10/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,702

Year Built

  • Built in 2006

Lot Details

  • 0.64

Home Design

  • Block Exterior

Listing and Financial Details

  • Assessor Parcel Number 057-186-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,702

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Located on the eastside of Churn Creek just south of Mistletoe Lane.
  • Prop. Type: Investment
  • Year Built: 2006
  • Utilities Sewer: Yes
  • Utilities Telephone: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Block

Lot Info

  • Parcel #: 057-186-010
  • Zoning Description: RED - C-2 - Central Commericial District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Jan 10, 2022
Sold by
Graves & Company Llc
Bought by
2105 Churn Creek Llc
Seller's Agent
Ken Miller
Northstate Commercial Partners
Buyer's Agent
Ken Miller
Northstate Commercial Partners
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%
Total Days on Market
1
Current Estimated Value
$1,675,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,111
Avg. Annual Appreciation
2.48%

Purchase Details

Closed on
Sep 23, 2015
Sold by
Graves James G and Graves Judy E
Bought by
Graves & Company Llc

Purchase Details

Closed on
Dec 17, 2001
Sold by
Graves James G and Graves Judy E
Bought by
Graves James G and Graves Judy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.57%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

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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
2105 Churn Creek Llc $1,650,000 First American Title
Graves & Company Llc -- None Available
Graves James G -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graves James G $200,000
Previous Owner Evergreen Partnership $686,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $1,550,000 -6.1% $258 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $1,650,000 -- $275 / 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
2024 $18,702 $1,716,660 $400,554 $1,316,106
2023 $18,702 $1,683,000 $392,700 $1,290,300
2022 $16,123 $1,461,686 $368,896 $1,092,790
2021 $10,923 $1,000,000 $310,000 $690,000
2020 $10,556 $960,000 $310,000 $650,000
2019 $10,679 $960,000 $310,000 $650,000
2018 $10,767 $960,000 $310,000 $650,000
2017 $10,488 $900,000 $300,000 $600,000
2016 $8,640 $775,000 $225,000 $550,000
2015 $7,873 $700,000 $175,000 $525,000
2014 $7,414 $650,000 $125,000 $525,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 21-5068

Shasta Association of REALTORS®

APN: 067-350-036-000