T
Seller's Agent in 2023
Todd Stromback
Venture Properties
2176 Placer St Redding, CA 96001
Magnolia Neighborhood
--
Bed
--
Bath
--
Sq Ft
1936
Built
About This Home
As of June 2023Now's your chance to own a unique multi-family property in the heart of downtown Redding. Located on the corner of Placer and Magnolia, this property includes 4 turn-key apartments with covered parking, and a charming 3 bed / 1 bath house. Live in the house and rent out the apartments, or rent everything out for maximum cashflow. Fully updated inside and out, including new windows and beautiful modern finishes. Take advantage of this well-performing, fully occupied property which yields $94,000+ per year. Available now at an attractive 6.2% cap rate.
Last Agent to Sell the Property
Todd Stromback
Venture Properties Listed on: 04/10/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1936
Home Design
- Stucco
Parking
- Carport
- Off-Street Parking
Utilities
- Evaporated cooling system
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 105-340-009-000
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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 | Prior Sale |
|---|---|---|---|---|---|
| 06/29/2023 06/29/23 | Sold | $925,000 | -2.6% | -- | |
| 06/01/2023 06/01/23 | Pending | -- | -- | -- | |
| 05/03/2023 05/03/23 | Price Changed | $950,000 | -9.5% | -- | |
| 04/10/2023 04/10/23 | For Sale | $1,050,000 | 0.0% | -- | |
| 02/16/2023 02/16/23 | Pending | -- | -- | -- | |
| 02/04/2023 02/04/23 | For Sale | $1,050,000 | +200.0% | -- | |
| 04/14/2020 04/14/20 | Sold | $350,000 | -5.1% | -- | View Prior Sale |
| 04/04/2020 04/04/20 | Pending | -- | -- | -- | |
| 03/28/2020 03/28/20 | For Sale | $369,000 | +35.9% | -- | |
| 02/04/2020 02/04/20 | Sold | $271,500 | -15.2% | -- | View Prior Sale |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- | |
| 01/08/2020 01/08/20 | For Sale | $320,000 | -5.9% | -- | |
| 10/19/2015 10/19/15 | Sold | $340,000 | -12.6% | -- | View Prior Sale |
| 09/29/2015 09/29/15 | Pending | -- | -- | -- | |
| 04/27/2015 04/27/15 | For Sale | $389,000 | -- | -- |
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 | $9,941 | $962,370 | $156,060 | $806,310 |
| 2024 | $3,955 | $943,500 | $153,000 | $790,500 |
| 2023 | $3,955 | $367,909 | $94,605 | $273,304 |
| 2022 | $3,888 | $360,696 | $92,750 | $267,946 |
| 2021 | $3,869 | $353,625 | $90,932 | $262,693 |
| 2020 | $3,061 | $271,500 | $75,000 | $196,500 |
| 2019 | $3,910 | $360,810 | $159,181 | $201,629 |
| 2018 | $3,945 | $353,736 | $156,060 | $197,676 |
| 2017 | $3,924 | $346,800 | $153,000 | $193,800 |
| 2016 | $3,800 | $340,000 | $150,000 | $190,000 |
| 2015 | $3,316 | $295,000 | $125,000 | $170,000 |
| 2014 | $3,081 | $270,000 | $100,000 | $170,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kelly Campbell
K
Buyer's Agent in 2023
Kelly Campbell
Waterman Real Estate
(530) 227-0553
1 in this area
102 Total Sales
-
Drew Wahlund
Buyer Co-Listing Agent in 2023
Drew Wahlund
Wahlund & Co. Realty Group
(530) 510-3412
11 in this area
984 Total Sales
-
A
Seller's Agent in 2020
Aaron Nelson
Venture Properties
-
M
Seller's Agent in 2020
MATTHEW METZ
eXp Realty of California, Inc.
-
L
Buyer's Agent in 2020
LEONARD POLITO
Real Estate 1
Map
Source: Shasta Association of REALTORS®
MLS Number: 23-401
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