$479,000
$20K PRICE DROP

22496 Rio Alto Dr Cottonwood, CA 96022

Estimated payment $3,089/month

Total Views 5,599
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

WOW! This LOW MAINTENANCE, clean, stucco Duplex in Lake California is a great investment opportunity offering 2 units each with 3BR/2BA, 1270 SF, large 2 car garages and separate fenced yards, newer laminate flooring, fresh paint and a 2021 HVAC (Unit A). Unit A even has water views across the street! Both units are leased with scheduled rents of $40,740 per year. Or take the opportunity to ''house hack'' and live in one side and rent out the other! Residents of Lake CA enjoy gated entrance, their own convenience store and eatery, Sacramento river access, community swimming pool with clubhouse, equestrian center, walking trails and easy access to I-5. This truly is a peaceful spot with lush views and stable income!

Listing Agent

Chelsea Valach

Upward Realty License #01335832 Listed on: 04/21/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,254

Year Built

  • Built in 2004

Home Design

  • Stucco

Utilities

  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 102-051-003-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,254

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: I-5 to E exit of Bowman Rd. Enter Lake CA gated community and stay on Lake CA drive to left on Rio Alto. Property on the left.
  • Prop. Type: Residential Income
  • Year Built: 2004
  • Existing Rntl Terms Written Lease: Yes
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Miscellaneous Pool: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Stucco

Utilities

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

Lot Info

  • Parcel #: 102-051-003-000
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Insurance, Water

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1156.0
  • Tenant Pays: Cable

Map

Range of Values:

Collateral Analytics

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ICE

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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

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

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®

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

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Source: Shasta Association of REALTORS®

MLS Number: 25-1703

Shasta Association of REALTORS®

APN: 102-051-003-000

California Tehama County Cottonwood 96022

22496 Rio Alto Dr, Cottonwood, CA

This home is located at 22496 Rio Alto Dr, Cottonwood, CA 96022 and is currently priced at $479,000. This property was built in 2004. 22496 Rio Alto Dr is a home located in Tehama County with nearby schools including Evergreen Elementary School, Bend Elementary School, and Evergreen Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® 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.

Nearby Homes
Chelsea Valach
Listing Agent
Chelsea Valach
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Upward Realty
(530) 457-0059