NOT LISTED FOR SALE

2503 Placer St Redding, CA 96001

Magnolia Neighborhood

Estimated Value: $228,000 - $298,000

2 Beds
1 Bath
847 Sq Ft
$307/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $161,500 $191 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,530/month

20 Days on Market

Highlights

  • Parking available for a boat
  • City View
  • No HOA
  • Shasta High School Rated A
  • Granite Countertops
  • 1-minute walk to Benton Dog Park

About This Home

As of October 2016

Centrally located, Benton Dog Park, Hospital and Down Town. Renovated 2014 including new roof, dual pane windows, LED recessed lighting, crown moulding,stainless steel appliances, granite counter tops w/slow close cabinets. Original hardwood floorings. Bathroom has deep jacuzzi tub. Gated RV parking & 1 car garage, 2 decks.
Perfect starter home or rental income. CB194

Last Agent to Sell the Property

Irene Ruiz

Coldwell Banker C&C Properties Listed on: 08/29/2016

Last Buyer's Agent

Stephen Cortopassi

Coldwell Banker C&C - Westside License #01994984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,884

Year Built

  • Built in 1948

Lot Details

  • Partially Fenced Property
  • Sprinkler System

Property Views

  • City
  • Mountain

Home Design

  • Ranch Property
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 847 Sq Ft Home
  • 1-Story Property
  • Self Contained Fireplace Unit Or Insert

Kitchen

  • Breakfast Bar
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Parking available for a boat
  • RV Access or Parking

Utilities

  • Central Air
  • Heating Available
  • 220 Volts
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 105-470-008-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,884

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Bonds HOA: None
  • Directions: West on Placer to top of hill 3rd house on left before light.
  • Fireplace Insert: Electric
  • Kitchen Fuel Source: Electric
  • Kitchen Microwave: None
  • Misc Amenities Gutters: None
  • Misc Amenities Sprinkler: Automatic
  • Prop. Type: Residential
  • Year Built: 1948
  • Road Surface Type: Asphalt
  • Subdivision Name: N/A
  • Architectural Style: Ranch
  • Reso Interior Features: Breakfast Bar, High Speed Internet
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: Renovation
  • Misc Amenities Fenced2: Partial
  • Water:Public: Yes
  • ViewMountain: Yes
  • Misc Amenities Deck2: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Granite Slab
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • View: Mountain(s), City
  • Construction Type: Stucco
  • Foundation Details: Raised, Concrete Perimeter

Garage/Parking

  • Parking Features: Deck, Off Street, RV Access/Parking, Boat
  • ParkingOffStreet: Yes
  • RV Parking: Yes

Utilities

  • Electric: 220V Location, Public, 220 Volts
  • Sewer: Sewer, Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 105-470-008-000
  • Lot Dimensions: 7,405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2016
Closed on
Oct 26, 2016
Sold by
Mortenson Randy L
Bought by
Kelly Eric
Seller's Agent
Irene Ruiz
Coldwell Banker C&C Properties
Buyer's Agent
Stephen Cortopassi
Coldwell Banker C&C - Westside
List Price
$165,000
Sold Price
$161,500
Premium/Discount to List
-$3,500
-2.12%
Current Estimated Value
$259,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,448
Avg. Annual Appreciation
5.39%
Original Mortgage
$158,574
Outstanding Balance
$127,628
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$132,320

Purchase Details

Listed on
Aug 25, 2014
Closed on
Dec 26, 2014
Sold by
Vande Mark Marv and Van De Mark Diane
Bought by
Mortenson Randy L
Seller's Agent
Michael Neves
Access Real Estate
Buyer's Agent
Irene Ruiz
Coldwell Banker C&C Properties
List Price
$154,000
Sold Price
$147,000
Premium/Discount to List
-$7,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%
Original Mortgage
$147,000
Interest Rate
3.96%
Mortgage Type
VA

Purchase Details

Listed on
Dec 16, 2012
Closed on
Apr 16, 2013
Sold by
Vande Mark Brett
Bought by
Vande Mark Brett
Seller's Agent
Barry Savage
Banner Real Estate
Buyer's Agent
Michael Neves
Access Real Estate
List Price
$38,000
Sold Price
$45,000
Premium/Discount to List
$7,000
18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.74%

Purchase Details

Listed on
Dec 16, 2012
Closed on
Mar 11, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Vande Mark Brett
Seller's Agent
Barry Savage
Banner Real Estate
Buyer's Agent
Michael Neves
Access Real Estate
List Price
$38,000
Sold Price
$45,000
Premium/Discount to List
$7,000
18.42%

Purchase Details

Closed on
Oct 25, 2012
Sold by
Everbank
Bought by
The Secretary Of The Department Of Housi

Purchase Details

Closed on
Oct 16, 2012
Sold by
Cattanach Nicole A and Graves James C
Bought by
Everbank

Purchase Details

Closed on
Jul 21, 2009
Sold by
Howarth Barry and Elizabeth Howarth V
Bought by
Cattanach Nicole A and Graves James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,609
Interest Rate
5.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 2000
Sold by
Eide Gene W
Bought by
Howarth Barry and Elizabeth Howarth V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,150
Interest Rate
8.27%

Purchase Details

Closed on
May 1, 2000
Sold by
Eide Gene W
Bought by
Eide Gene W and Eide Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,150
Interest Rate
8.27%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kelly Eric $161,500 First American Title Company
Mortenson Randy L $147,000 Fidelity National Title Co
Vande Mark Brett -- Fidelity National Title Co
Vande Mark Brett -- None Available
Vande Mark Brett $45,000 Chicago Title Company
The Secretary Of The Department Of Housi -- Lawyers Title Company
Everbank $140,964 Lawyers Title Company
Cattanach Nicole A $132,000 Placer Title Company
Howarth Barry $53,500 Placer Title Company
Eide Gene W -- Placer Title Company
Eide Gene W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Eric $158,574
Previous Owner Mortenson Randy L $147,000
Previous Owner Cattanach Nicole A $129,609
Previous Owner Howarth Barry $48,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2016 10/31/16 Sold $161,500 -2.1% $191 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
08/26/2016 08/26/16 For Sale $165,000 +12.2% $195 / Sq Ft
12/30/2014 12/30/14 Sold $147,000 -4.5% $175 / Sq Ft View Prior Sale
11/19/2014 11/19/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $154,000 +242.2% $183 / Sq Ft
03/18/2013 03/18/13 Sold $45,000 +18.4% $54 / Sq Ft View Prior Sale
12/26/2012 12/26/12 Pending -- -- --
12/15/2012 12/15/12 For Sale $38,000 -- $45 / 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 $1,884 $187,428 $34,815 $152,613
2024 $1,854 $183,754 $34,133 $149,621
2023 $1,854 $180,152 $33,464 $146,688
2022 $1,821 $176,620 $32,808 $143,812
2021 $1,810 $173,158 $32,165 $140,993
2020 $1,833 $171,384 $31,836 $139,548
2019 $1,739 $168,024 $31,212 $136,812
2018 $1,753 $164,730 $30,600 $134,130
2017 $1,742 $161,500 $30,000 $131,500
2016 $1,663 $149,241 $30,457 $118,784
2015 $1,642 $147,000 $30,000 $117,000
2014 $456 $45,203 $25,113 $20,090
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2016

    Irene Ruiz

    Coldwell Banker C&C Properties

  • S

    Buyer's Agent in 2016

    Stephen Cortopassi

    Coldwell Banker C&C - Westside

  • M

    Seller's Agent in 2014

    Michael Neves

    Access Real Estate

    (530) 227-2962

    29 Total Sales

    Michael Neves
    Section Image
  • Barry Savage

    Seller's Agent in 2013

    Barry Savage

    Banner Real Estate

    (530) 941-1799

    63 Total Sales

    Barry Savage
    Section Image

  • V

    Seller Co-Listing Agent in 2013

    Vicki Cook

    Banner Real Estate

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 16-4312

Shasta Association of REALTORS®

APN: 105-470-008-000

California Shasta County Redding 96001 Magnolia

2503 Placer St, Redding, CA

Not Listed for Sale

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