Patrick Pinnow
TREG INC - The Real Estate Group
(530) 451-0930
46 Total Sales
1 in Magnolia
$774,038 Price
2320 Butte St Redding, CA 96001
Magnolia Neighborhood
2
Beds
1
Bath
894
Sq Ft
1900
Built
Highlights
- Evaporated cooling system
- Shasta High School Rated A
- 3-minute walk to Magnolia Park
About This Home
As of March 2021REDDING 4 PLEX 100% Occupied with a 8% CAP RATE - Features: a 3 Bedroom + 1 Bath Home with in-door laundry room that was Built in 2006, Plus another Large 2 Bedroom + 1 Bath Home with in-door laundry room, Plus a duplex with a 2+1 unit & a 1+1 unit. This 1/3 acre lot sits right in the heart of the City's Multimillion Dollar DownTown Revitalization Project. 3 of the 4 units have been updated with either newer roof, newer flooring, newer windows & HVAC systems. The 4th unit has a long term tenant in good standing, and when he moves the house will need some TLC. The future owner can take advantage of this Added Value opportunity. In return the Seller is willing to let this investment property go with an 8% CAP RATE, which is way above today's average return for similar properties. CALL TODAY
Last Agent to Sell the Property
Realty 110, Inc. License #01332465 Listed on: 08/21/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Parking
- Off-Street Parking
Utilities
- Evaporated cooling system
- Window Unit Cooling System
Listing and Financial Details
- Assessor Parcel Number 105-170-009-000
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
Closed on
Aug 12, 2025
Sold by
Mccoy Matthew and Mccoy Heather Ann
Bought by
Purchase Details
Listed on
Aug 21, 2020
Closed on
Mar 18, 2021
Sold by
Asset Exchange Company Llc
Bought by
Mccoy Matthew and Mccoy Heather
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Nick Kerley
Realty 110, Inc.
List Price
$459,000
Sold Price
$435,000
Premium/Discount to List
-$24,000
-5.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2017
Sold by
Neill Roark O
Bought by
Maloon Llc
Purchase Details
Closed on
Feb 16, 2016
Sold by
Neill Joanne Laura O
Bought by
Neill Roark O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 12, 2016
Sold by
Bailey James D
Bought by
Neill Roark O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 30, 2013
Sold by
Bailey James D
Bought by
Bailey James D and James D Bailey Revocable Trust
Purchase Details
Closed on
Aug 19, 2008
Sold by
U S Bank Na
Bought by
Bailey James D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,625
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 24, 2008
Sold by
Kerston Peter Guy and Kerston Caroline
Bought by
U S Bank Na and Lehman Brothers Structured Asset Investm
Purchase Details
Closed on
Oct 8, 2003
Sold by
Kamisky Dennis and Kamisky Linda
Bought by
Nixon Jim and Nixon Twila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 14, 2002
Sold by
Faulkner John J and Faulkner Sunni R
Bought by
Kamisky Dennis and Kamisky Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,400
Interest Rate
5.89%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Oct 4, 1999
Sold by
Rev Liv Trust Tomlinson Carl A Trustee Tomlin
Bought by
Faulkner John J and Faulkner Sunni R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Magnolia, CA
-
Patrick Pinnow
-
Ben Sprague
Ben Sprague
eXp Realty of California Inc
(530) 240-7728
166 Total Sales
4 in Magnolia
$298K - $448K Price Range
-
Josh Domke
Josh Domke
Northstate Real Estate Professionals
(530) 732-1472
36 Total Sales
1 in Magnolia
$260,000 Price
-
Albert Naticchioni
Albert Naticchioni
RE/MAX of Redding
(530) 444-1558
194 Total Sales
2 in Magnolia
$350K - $365K Price Range
-
Autumn Dickson
Autumn Dickson
eXp Realty of California, Inc.
(530) 561-6123
101 Total Sales
1 in Magnolia
$429,000 Price
-
Sandy Duggan
Sandy Duggan
Responds QuicklyeXp Realty of Northern California, Inc.
(530) 319-5454
202 Total Sales
1 in Magnolia
$441,000 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Mccoy Matthew | $435,000 | Placer Title Company | |
| Maloon Llc | -- | None Available | |
| Neill Roark O | -- | First American Title Company | |
| Neill Roark O | $285,000 | First American Title Company | |
| Bailey James D | -- | None Available | |
| Bailey James D | $227,500 | Fidelity National Title Co | |
| U S Bank Na | $276,250 | Accommodation | |
| Nixon Jim | $315,000 | Fidelity National Title Co | |
| Kamisky Dennis | $200,000 | Fidelity National Title Co | |
| Faulkner John J | $100,000 | Redding 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 |
|---|---|---|---|
| Previous Owner | $326,250 | ||
| Previous Owner | Neill Roark O | $228,000 | |
| Previous Owner | Bailey James D | $170,625 | |
| Previous Owner | Nixon Jim | $252,000 | |
| Previous Owner | Kamisky Dennis | $196,000 | |
| Previous Owner | Kamisky Dennis | $164,400 | |
| Previous Owner | Faulkner John J | $116,000 | |
| Previous Owner | Faulkner John J | $6,130 | |
| Previous Owner | Faulkner John J | $28,000 |
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 |
|---|---|---|---|---|
| 03/23/2021 03/23/21 | Sold | $435,000 | -5.2% | $487 / Sq Ft |
| 02/08/2021 02/08/21 | Pending | -- | -- | -- |
| 07/17/2020 07/17/20 | For Sale | $459,000 | -- | $513 / Sq Ft |
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 |
|---|---|---|---|---|
| 2026 | $4,987 | $480,271 | $88,324 | $391,947 |
| 2025 | $4,917 | $470,855 | $86,593 | $384,262 |
| 2024 | $4,842 | $461,624 | $84,896 | $376,728 |
| 2023 | $4,842 | $452,574 | $83,232 | $369,342 |
| 2022 | $4,761 | $443,700 | $81,600 | $362,100 |
| 2021 | $3,421 | $311,686 | $65,617 | $246,069 |
| 2020 | $3,466 | $308,491 | $64,945 | $243,546 |
| 2019 | $3,292 | $302,443 | $63,672 | $238,771 |
| 2018 | $3,321 | $296,514 | $62,424 | $234,090 |
| 2017 | $3,285 | $290,700 | $61,200 | $229,500 |
| 2016 | $2,771 | $247,474 | $76,145 | $171,329 |
| 2015 | $2,597 | $231,000 | $50,000 | $181,000 |
| 2014 | $2,508 | $220,000 | $40,000 | $180,000 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Kerley
Seller's Agent in 2021
Nick Kerley
Realty 110, Inc.
(530) 242-4114
9 in this area
254 Total Sales
Map
Source: Shasta Association of REALTORS®
MLS Number: 20-3450
APN: 105-170-09
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.
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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