NOT LISTED FOR SALE

2126 Placer St Redding, CA 96001

Magnolia Neighborhood

Estimated Value: $283,000 - $311,856

2 Beds
1 Bath
1,144 Sq Ft
$263/Sq Ft Est. Value

Last Sold September 23, 2016

Last sale price $160,000 $140 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,796/month

82 Days on Market

Highlights

  • Evaporated cooling system
  • Garage
  • Wood Siding
  • Shasta High School Rated A

About This Home

As of September 2016

OWNER WILL CARRY !Great chance to own your own income property! Very nice, lots of character! 1 bedroom / 1 bath each unit. Each unit has a bonus room / nursery. Each also have inside laundry hook-ups as well as garage. Always easy to rent! Convenient location in downtown Redding. Unique and efficient cooling system.

Last Agent to Sell the Property

Kirk Tainsh

Derek Collins, Broker License #01350682 Listed on: 06/12/2016

Last Buyer's Agent

John Westphal

eXp Realty of Northern California, Inc. License #01441626

eXp Realty of Northern California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 7,841

Home Design

  • Wood Siding

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 105-340-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Directions: From Downtown Redding, West on Placer, Duplex is located on the Right side of the road.
  • Prop. Type: Residential Income
  • Year Built: 1938
  • Ownership: Seller
  • Subdivision Name: N/A
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes
  • Parking Facilities:Parking Garage: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 105-340-011
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2016
Closed on
Sep 21, 2016
Sold by
Lorenz Kenny R and Lorenz Donna J
Bought by
Hoffman Katherine R
Seller's Agent
Kirk Tainsh
Derek Collins, Broker
Buyer's Agent
John Westphal
eXp Realty of Northern California, Inc.
List Price
$190,000
Sold Price
$160,000
Premium/Discount to List
-$30,000
-15.79%
Current Estimated Value
$300,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,714
Avg. Annual Appreciation
7.03%
Original Mortgage
$100,000
Outstanding Balance
$79,927
Interest Rate
3.45%
Mortgage Type
Seller Take Back
Estimated Equity
$220,787
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
Hoffman Katherine R $160,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Katherine R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2016 09/23/16 Sold $160,000 -15.8% $140 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $190,000 -- $166 / 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 $2,704 $259,995 $63,672 $196,323
2024 $2,663 $254,898 $62,424 $192,474
2023 $2,663 $249,900 $61,200 $188,700
2022 $1,882 $174,980 $54,681 $120,299
2021 $1,872 $171,550 $53,609 $117,941
2020 $1,897 $169,792 $53,060 $116,732
2019 $1,801 $166,464 $52,020 $114,444
2018 $1,817 $163,200 $51,000 $112,200
2017 $1,808 $160,000 $50,000 $110,000
2016 $827 $72,297 $36,989 $35,308
2015 $817 $71,212 $36,434 $34,778
2014 $811 $69,818 $35,721 $34,097
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kirk Tainsh

    Derek Collins, Broker

    (530) 209-6600

    7 Total Sales

    Kirk Tainsh
    Section Image
  • John Westphal

    Buyer's Agent in 2016

    John Westphal

    eXp Realty of Northern California, Inc.

    (386) 627-2100

    6 Total Sales

    John Westphal
    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 16-2940

Shasta Association of REALTORS®

APN: 105-340-011-000

California Shasta County Redding 96001 Magnolia

2126 Placer St, Redding, CA

Not Listed for Sale

MultiFamily

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