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
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 10, 2023
Closed on
Jun 26, 2023
Sold by
Bought by
Seller's Agent
Todd Stromback
Venture Properties
Buyer's Agent
Kelly Campbell
Waterman Real Estate
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
0.0639%
Mortgage Type
Construction
Purchase Details
Closed on
May 13, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
0.029%
Mortgage Type
Commercial
Purchase Details
Listed on
Mar 28, 2020
Closed on
Apr 8, 2020
Sold by
Bought by
Seller's Agent
Aaron Nelson
Venture Properties
Buyer's Agent
Todd Stromback
Josh Barker Real Estate
List Price
$369,000
Sold Price
$350,000
Premium/Discount to List
-$19,000
-5.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,050
Interest Rate
0.034%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 9, 2020
Closed on
Jan 30, 2020
Sold by
Bought by
Seller's Agent
MATTHEW METZ
eXp Realty of California, Inc.
Buyer's Agent
Dan Metz
eXp Realty of California, Inc.
List Price
$320,000
Sold Price
$271,500
Premium/Discount to List
-$48,500
-15.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
280.64%
Original Mortgage
$264,000
Interest Rate
0.037%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 3, 2019
Sold by
Bought by
Purchase Details
Closed on
Sep 27, 2017
Sold by
Bought by
Purchase Details
Listed on
Apr 27, 2015
Closed on
Oct 12, 2015
Sold by
Bought by
Seller's Agent
Nick Kerley
DROZ CORPORATION
Buyer's Agent
MATTHEW METZ
Venture Properties
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $925,000 | Placer Title | ||
| -- | Accommodation | ||
| $350,000 | Placer Title Company | ||
| $271,500 | Fidelity Natl Ttl Co Of Ca | ||
| -- | None Available | ||
| -- | None Available | ||
| $340,000 | Placer Title Company |
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 | $420,000 | ||
| Previous Owner | $113,661 | ||
| Previous Owner | $360,000 | ||
| Previous Owner | $85,243 | ||
| Previous Owner | $560,000 | ||
| Previous Owner | $351,050 | ||
| Previous Owner | $264,000 | ||
| Previous Owner | $175,000 | ||
| Previous Owner | $135,000 | ||
| Previous Owner | $230,000 | ||
| Previous Owner | $62,500 |
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 | 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
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 |
|---|---|---|---|---|
| 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
94 Total Sales
-
Drew Wahlund
Buyer Co-Listing Agent in 2023
Drew Wahlund
Wahlund & Co. Realty Group
(530) 510-3412
10 in this area
1,010 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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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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