$450,000
SOLD APR 4, 2022

22496 Rio Alto Dr Cottonwood, CA 96022

-- Bed
-- Bath
-- Sq Ft
0.25 Acres

Recently Sold

1 Day on Market

About This Home

As of April 2022

Multi Family! Who is looking for an investment property? This beautiful duplex situated down by the water in Lake California is a clean slate ready for you! Each unit is a 3 bedroom / 2 bathroom at 1,270 sqft. Both have their own indoor laundry room, separate fenced yards and their own 2 car garages. Each unit has fresh new interior paint, new laminate flooring and comes with a fridge. Unit A has a new 2021 HVAC unit. This property has pride of ownership.
Benefits of living in Lake California include private lake, community swimming pool, clubhouse, equestrian center, countless beaches and walking trails and the overall great, private, gated community environment. Add to your portfolio with this great duplex.

Last Agent to Sell the Property

Arielle Starnes

eXp Realty of California, Inc. License #02029203 Listed on: 02/08/2022

eXp Realty of California, Inc.

Last Buyer's Agent

Chelsea Valach

Upward Realty License #01335832

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,254

Year Built

2004

Lot Details

0

Listing Details

  • Directions: Lake California Dr. to left on Rio Alto Dr. Property on your left.
  • Prop. Type: Residential Income
  • Year Built: 2004
  • Heating Gas: Propane
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: LAKE CALIFORNIA
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Facilities:Parking Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 102-051-003
  • Lot Dimensions: 0.25
  • Zoning Description: NOT AVAILABLE

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Feb 20, 2020
Sold by
Fournier Margaret and Fournier Charles
Bought by
Boles Tracy and Boles Duane
Seller's Agent
Josh Barker
Josh Barker Real Estate
Buyer's Agent
Arielle Starnes
eXp Realty of California, Inc.
List Price
$299,900
Sold Price
$320,000
Premium/Discount to List
$20,100
6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$240,000
Outstanding Balance
$213,856
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$249,990

Purchase Details

Closed on
Apr 5, 2005
Sold by
Pettay James R
Bought by
Taylor Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,250
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Gasik Marnie A
Bought by
Fournier Charles and Dehart Fournier Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,253
Interest Rate
6.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 2003
Sold by
Hylton Gary Kent and Hylton Carol Cooper
Bought by
Gasik Marnie A
Source: Public Records

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Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $320,000 Fidelity Natl Ttl Co Of Ca
Grant Deed $84,409 Fidelity National Title
Grant Deed $174,000 Chicago Title Co
Grant Deed $27,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $42,250 Purchase Money Mortgage
Previous Owner $16,253 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $479,000 -4.0% $194 / Sq Ft
05/29/2025 05/29/25 For Sale $499,000 +10.9% $202 / Sq Ft
04/04/2022 04/04/22 Sold $450,000 0.0% --
02/09/2022 02/09/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $450,000 +40.6% --
02/24/2020 02/24/20 Sold $320,000 +6.7% --
01/25/2020 01/25/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $299,900 -- --
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
2023 $5,254 $459,000 $71,400 $387,600
2022 $3,885 $329,779 $61,833 $267,946
2021 $3,825 $323,314 $60,621 $262,693
2020 $3,512 $290,000 $50,000 $240,000
2019 $3,193 $255,158 $31,668 $223,490
2018 $2,881 $231,962 $28,789 $203,173
2017 $2,727 $210,875 $26,172 $184,703
2016 $2,671 $210,875 $26,172 $184,703
2015 -- $210,875 $26,172 $184,703
2014 $2,488 $183,371 $22,759 $160,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 22-539

Shasta Association of REALTORS®

APN: 102-051-003-000