NOT LISTED FOR SALE

Estimated Value: $864,489 - $968,000

15 Beds
13 Baths
-- Sq Ft
0.51 Acres

Last Sold February 16, 2021

Last sale price $750,000

Est. 22% increase in value since last sale

Current estimated payment $5,699/month

73 Days on Market

About This Home

As of February 2021

Are you looking for Great Cash Flow with low landlord expenses? The El Reno Cottages Property offers: 8 Houses on 1 Lot with recent renovations inside and out of each home. Currently Fully Occupied and providing a steady Cash Flow with over $78,000 in gross annual income. All the houses have Newer Roofs, Some Siding, Fresh Exterior Paint, Upgraded Interiors, Dual Pane Windows, Low Maintenance Landscaping & more! Tenants appreciate the convenient location and quick access to stores, shops, schools, parks & transportation. Call Today for More Details on Income, Expenses & Financing.

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 09/24/2020

Last Buyer's Agent

Elizabeth Gowen

Vylla Home, Inc. License #01901160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,466

Lot Details

  • 0.51

Parking

  • Off-Street Parking

Home Design

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 108-100-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,466

Lot Details

0

Listing Details

  • Directions: Westside Road to El Reno (Turn West)
  • Prop. Type: Residential Income
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes
  • Heating:Baseboard2: Yes

Lot Info

  • Parcel #: 108-100-006-000
  • Lot Dimensions: 22,216
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Feb 10, 2021
Sold by
Lampton Gail E
Bought by
Lampton Kenneth A
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Elizabeth Gowen
Vylla Home, Inc.
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%
Current Estimated Value
$916,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,245
Avg. Annual Appreciation
4.41%
Original Mortgage
$525,000
Outstanding Balance
$471,984
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$439,543

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 3, 2015
Sold by
Garrett Jeffrey and Garrett Susan
Bought by
The Jeff & Susan Garrett Trust Of 2011 and Garrett Susan
Seller's Agent
Bobby Brown
Move Realty
Buyer's Agent
Bobby Brown
Move Realty
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.36%
Original Mortgage
$249,500
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 15, 2015
Closed on
Jun 9, 2015
Sold by
Parvin Beverly
Bought by
Garrett Jeffrey and Garrett Susan
Seller's Agent
Bobby Brown
Move Realty
Buyer's Agent
Bobby Brown
Move Realty
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,500
Interest Rate
3.98%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 9, 2011
Sold by
Coulter Steve and Coulter Camille Anne
Bought by
Parvin Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 24, 2005
Sold by
Ballou Rodney G and Ballou Alice F
Bought by
Coulter Steve and Coulter Camille Anne

Purchase Details

Closed on
Oct 4, 2001
Sold by
Elam John E and Elam Duveen
Bought by
Ballou Rodney G and Ballou Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Lampton Kenneth A -- Placer Title
Lampton Kenneth A $750,000 Placer Title
The Jeff & Susan Garrett Trust Of 2011 -- Fidelity Natl Title Co Of Ca
Garrett Jeffrey $350,000 Fidelity National Title Co
Parvin Beverly $375,000 First American Title Company
Coulter Steve -- --
Ballou Rodney G $180,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lampton Kenneth A $525,000
Previous Owner The Jeff & Susan Garrett Trust Of 2011 $249,500
Previous Owner Parvin Beverly $250,000
Previous Owner Ballou Rodney G $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $750,000 -6.1% --
12/05/2020 12/05/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $799,000 +128.3% --
06/15/2015 06/15/15 Sold $350,000 -6.7% --
05/23/2015 05/23/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $375,000 -- --
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 $8,466 $810,541 $108,242 $702,299
2024 $8,339 $795,443 $106,120 $689,323
2023 $8,339 $779,868 $104,040 $675,828
2022 $8,200 $764,520 $102,000 $662,520
2021 $4,278 $385,687 $82,645 $303,042
2020 $4,333 $381,733 $81,798 $299,935
2019 $4,119 $374,249 $80,195 $294,054
2018 $4,155 $366,912 $78,623 $288,289
2017 $4,133 $359,719 $77,082 $282,637
2016 $4,004 $352,667 $75,571 $277,096
2015 $4,435 $391,912 $83,607 $308,305
2014 -- $384,236 $81,970 $302,266
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 20-4676

Shasta Association of REALTORS®

APN: 108-100-006-000