NOT LISTED FOR SALE

2520 Reservoir Ln Redding, CA 96002

Reservoir Neighborhood

Estimated Value: $72,000 - $195,000

1 Bed
1 Bath
852 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2022

Last sale price $70,000 $82 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $815 / mo

10 Days on Market

Highlights

  • City View
  • No HOA
  • Heating Available
  • Traditional Architecture
  • Wood Siding

About This Home

As of November 2022

Very rare opportunity to buy a house in the city of Redding for under 100k, let alone under 80k. A lot of potential on this major Fixer Upper in Redding. This is a single family home and zoning is both multi family and general office, great value add opportunity!! It is surrounded by single family, multiple units and one office that is on Cypress. This is for serious CASH BUYERS only. Don't wait because this property owner is only listing for a short time while they wait for their renovation crew to finish another project & be ready to work on this. Take advantage of this opportunity now, while it's on the market.

Last Agent to Sell the Property

Bobby Brown

Move Realty License #01894178 Listed on: 10/10/2022

Last Buyer's Agent

Aaron Odle

Power West Properties, Inc. License #02153766

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,405

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 852 Sq Ft Home
  • 2-Story Property
  • City Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 067-210-021-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Bonds HOA: None
  • Directions: Cypress to Reservoir rd.
  • Prop. Type: Residential
  • Year Built: 1940
  • Road Surface Type: Asphalt
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Year Built Details: 30+
  • Water:Public: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Composition
  • View: City, None
  • Construction Type: Wood Siding
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 067-210-021-000
  • Lot Dimensions: 7,526

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

Listed on
Oct 10, 2022
Closed on
Nov 2, 2022
Sold by
Equity Moves
Bought by
Seller's Agent
Bobby Brown
Move Realty
Buyer's Agent
Aaron Odle
Power West Properties, Inc.
List Price
$78,000
Sold Price
$70,000
Premium/Discount to List
-$8,000
-10.26%
Current Estimated Value
$141,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,408
Avg. Annual Appreciation
20.21%
Original Mortgage
$60,000
Outstanding Balance
$56,833
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$84,575

Purchase Details

Listed on
Oct 10, 2022
Closed on
Oct 4, 2022
Sold by
Burton Jeffrey L
Bought by
Equity Movers
Seller's Agent
Bobby Brown
Move Realty
Buyer's Agent
Aaron Odle
Power West Properties, Inc.
List Price
$78,000
Sold Price
$70,000
Premium/Discount to List
-$8,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$56,833
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$84,575
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Reservoir, CA

  • Jennifer Icenhower Real Estate Agent - Coldwell Banker Select Real Estate - Redding

    Jennifer Icenhower

    Coldwell Banker Select Real Estate - Redding

    (530) 319-5063

    73 Total Sales

    4 in Reservoir

    $250K - $325K Price Range

    Jennifer Icenhower
     Section Image
  • Ben Sprague Real Estate Agent - eXp Realty of California Inc

    Ben Sprague

    eXp Realty of California Inc

    (530) 240-7728

    166 Total Sales

    2 in Reservoir

    $315K - $321K Price Range

    Ben Sprague
     Section Image
  • Justin Cartwright Real Estate Agent - Waterman Real Estate

    Justin Cartwright

    Waterman Real Estate

    (530) 319-5938

    148 Total Sales

    5 in Reservoir

    $268K - $412K Price Range

    Justin Cartwright
     Section Image
  • Albert Naticchioni Real Estate Agent - RE/MAX of Redding

    Albert Naticchioni

    RE/MAX of Redding

    (530) 444-1558

    194 Total Sales

    2 in Reservoir

    $220K - $268K Price Range

    Albert Naticchioni
     Section Image

  • SM

    Sandra McKenna

    Responds Quickly

    Banner Real Estate

    (530) 494-6366

    50 Total Sales

    1 in Reservoir

    $294,000 Price

    Sandra McKenna
     Section Image
  • Sandy Duggan Real Estate Agent - eXp Realty of Northern California, Inc.

    Sandy Duggan

    Responds Quickly

    eXp Realty of Northern California, Inc.

    (530) 319-5454

    202 Total Sales

    3 in Reservoir

    $315K - $355K Price Range

    Sandy Duggan
     Section Image
See All Agents

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
$70,000 Fidelity National Title
Equity Movers $50,000 Fidelity National Title
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
Open $60,000
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 Prior Sale
11/04/2022 11/04/22 Sold $70,000 -10.3% $82 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/10/2022 10/10/22 For Sale $78,000 +56.0% $92 / Sq Ft
10/07/2022 10/07/22 Sold $50,000 -37.5% $59 / Sq Ft View Prior Sale
09/14/2022 09/14/22 Pending -- -- --
09/13/2022 09/13/22 For Sale $80,000 0.0% $94 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/25/2022 08/25/22 For Sale $80,000 0.0% $94 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $80,000 -- $94 / 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 $472 $42,448 $42,448
2025 $822 $41,616 $41,616
2024 $1,173 $71,400 $40,800 $30,600
2023 $1,173 $110,000 $45,000 $65,000
2022 $227 $24,275 $10,300 $13,975
2021 $217 $23,800 $10,099 $13,701
2020 $215 $23,557 $9,996 $13,561
2019 $212 $23,096 $9,800 $13,296
2018 $207 $22,644 $9,608 $13,036
2017 $208 $22,201 $9,420 $12,781
2016 $195 $21,767 $9,236 $12,531
2015 $192 $21,441 $9,098 $12,343
2014 $189 $21,022 $8,920 $12,102
Source: Public Records

Agents Affiliated with this Home

  • Bobby Brown Real Estate Agent - Move Realty

    Seller's Agent in 2022

    Bobby Brown

    Move Realty

    (530) 279-4902

    2 in this area

    42 Total Sales

    Bobby Brown
    Section Image
  • Nate Molter Real Estate Agent - eXp Realty of California, Inc.

    Seller's Agent in 2022

    Nate Molter

    eXp Realty of California, Inc.

    (530) 221-7478

    5 in this area

    302 Total Sales

    Nate Molter
    Section Image

  • AO

    Buyer's Agent in 2022

    Aaron Odle

    Power West Properties, Inc.

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 22-4975

Shasta Association of REALTORS®

APN: 067-210-021-000

California Shasta County Redding 96002 Reservoir

2520 Reservoir Ln, Redding, CA

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.

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