NOT LISTED FOR SALE

2255 North St Redding, CA 96001

Magnolia Neighborhood

Estimated Value: $307,000 - $491,000

2 Beds
2 Baths
400 Sq Ft
$924/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $340,000 $850 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,235/month

24 Days on Market

Highlights

  • Garage
  • Shasta High School Rated A
  • Wood Siding

About This Home

As of September 2023

Rare Turn-Key house-hacking opportunity just blocks from downtown in the desirable Magnolia district. Extensively renovated, including full interior cosmetic remodel in modern style, major electrical, new meter, new windows, and low maintenance landscaping. Potential for development by converting detached garage into a third unit, and/or adding more units to the front of the property open space area. Check with city to confirm possibilities.

This duplex has been consistently rented out as a 30 night / mid term rental for the past year.

Last Agent to Sell the Property

Todd Stromback

Venture Properties Listed on: 08/17/2023

Last Buyer's Agent

Luke Christensen

eXp Realty of Northern California, Inc. License #02031181

eXp Realty of Northern California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 6,098

Home Design

  • Wood Siding

Parking

  • Garage
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 105-110-002-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Directions: Magnolia, west on North, property is on the left, set back from the street.
  • Prop. Type: Residential Income
  • Year Built: 1936
  • Ownership: Seller
  • Subdivision Name: N/A
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes
  • Parking Facilities:Parking Garage: Yes

Utilities

  • Heating:Electric4: Yes

Lot Info

  • Parcel #: 105-110-002-000
  • Lot Dimensions: 6,098
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2021
Sold by
Goodpasture Kiley
Bought by
Goodpasture Benjamin A
Current Estimated Value
$369,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2021
Sold by
Valach Peter and Valach Chelsea J
Bought by
Goodpasture Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2021
Sold by
Denham Rusty L
Bought by
Valach Peter and Valach Chelsea J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 23, 2018
Sold by
Denham Nina and Denham Family Trust
Bought by
Denham Rusty L

Purchase Details

Closed on
Jul 1, 2010
Sold by
Goodpasture Benjamin A
Bought by
Schmid Family Trust and Schmid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,800
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2001
Sold by
Denham Donald L
Bought by
Denham Donald and Denham Nina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goodpasture Benjamin A -- Fidelity Natl Ttl Co Of Ca
Goodpasture Benjamin A $125,000 Fidelity Natl Ttl Co Of Ca
Goodpasture Homes Llc $125,000 Placer Title Company
Valach Peter $105,000 Placer Title Company
Denham Rusty L -- None Available
Schmid Family Trust $340,000 First American Title
Denham Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodpasture Benjamin A $208,000
Previous Owner Goodpasture Homes Llc $180,000
Previous Owner Valach Peter $73,500
Previous Owner Schmid Family Trust $146,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2023 09/25/23 Sold $340,000 -2.9% $850 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $350,000 0.0% $875 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $350,000 -- $875 / Sq Ft
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 $3,591 $346,800 $51,000 $295,800
2024 $2,182 $340,000 $50,000 $290,000
2023 $2,182 $204,000 $51,000 $153,000
2022 $2,145 $200,000 $50,000 $150,000
2021 $268 $21,263 $8,938 $12,325
2020 $271 $21,046 $8,847 $12,199
2019 $258 $20,634 $8,674 $11,960
2018 $260 $20,230 $8,504 $11,726
2017 $258 $19,835 $8,338 $11,497
2016 $250 $19,447 $8,175 $11,272
2015 $247 $19,156 $8,053 $11,103
2014 $245 $18,782 $7,896 $10,886
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Todd Stromback

    Venture Properties

  • L

    Buyer's Agent in 2023

    Luke Christensen

    eXp Realty of Northern California, Inc.

    (530) 999-2217

    3 in this area

    80 Total Sales

    Luke Christensen
    Section Image

  • T

    Buyer's Agent in 2023

    TEAM M&M

    Coldwell Banker C&C Properties

  • J

    Buyer Co-Listing Agent in 2023

    Jesse Eline

    eXp Realty of Northern California, Inc.

    (530) 605-6776

    9 in this area

    210 Total Sales

    Jesse Eline
    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 23-3036

Shasta Association of REALTORS®

APN: 105-110-002-000

California Shasta County Redding 96001 Magnolia

2255 North St, Redding, CA

Not Listed for Sale

MultiFamily

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