$50,000
SOLD OCT 7, 2022

2520 Reservoir Ln Redding, CA 96002

Reservoir Neighborhood
1 Bed
1 Bath
852 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

38% Below List Price

41 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1-Story Property
  • Enterprise High School Rated A-
  • Cooling Available
  • Wood Siding

About This Home

As of November 2022

Major fixer. Convenient location near shopping, dining and transportation. Zoned general office and multi-family for lots of future potential. No showings until Tuesday 8/9 from 9am to 12pm. House will be open during that time for showings. Large lot. Cash Only. Will not qualify for financing.

Last Agent to Sell the Property

Nate Molter

eXp Realty of California, Inc. License #01269275 Listed on: 09/13/2022

eXp Realty of California, Inc.

Last Buyer's Agent

Bobby Brown

Move Realty License #01894178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1940

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Bonds HOA: None
  • Directions: Cypress to Reservoir
  • Prop. Type: Residential
  • Year Built: 1940
  • Lot Size Acres: 0.17
  • Road Surface Type: Asphalt
  • Subdivision Name: N/A
  • Architectural Style: Traditional
  • Unit Levels: One
  • Property Attached Yn: No
  • Year Built Details: 30+
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Composition
  • View: None
  • Construction Type: Wood Siding
  • Foundation Details: Other

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 067-210-021-000
  • Lot Dimensions: 7,526
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Nov 2, 2022
Sold by
Equity Moves
Bought by
Slimane Meksem and Hamidi Sonia
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
$143,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,620
Avg. Annual Appreciation
30.54%
Original Mortgage
$60,000
Outstanding Balance
$57,762
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$85,593

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
$57,762
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$85,593
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Grant Deed $70,000 Fidelity National Title
Grant Deed $50,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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 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 $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

    Seller's Agent in 2022

    Bobby Brown

    Move Realty

    (530) 279-4902

    2 in this area

    40 Total Sales

    Bobby Brown
    Section Image
  • Nate Molter

    Seller's Agent in 2022

    Nate Molter

    eXp Realty of California, Inc.

    (530) 221-7478

    7 in this area

    334 Total Sales

    Nate Molter
    Section Image

  • A

    Buyer's Agent in 2022

    Aaron Odle

    Power West Properties, Inc.

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 22-3910

Shasta Association of REALTORS®

APN: 067-210-021-000

California Shasta County Redding 96002 Reservoir

2520 Reservoir Ln, Redding, CA

This home is located at 2520 Reservoir Ln, Redding, CA 96002 and is currently priced at $50,000, approximately $58 per square foot. This property was built in 1940. 2520 Reservoir Ln is a home located in Shasta County with nearby schools including Rother Elementary School, Parsons Junior High School, and Enterprise High 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.

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