NOT LISTED FOR SALE
1 Bed
1 Bath
5,724 Sq Ft
0.32 Acre Lot

Sale Details

Date Sold: January 6, 2023

Last sale price $1,342,500 $235 Per Sq Ft

79 Days on Market

Highlights

  • 0.32 Acre Lot
  • Traditional Architecture
  • Tile Flooring
  • Shasta High School Rated A
  • Fenced Yard
  • Energy-Efficient Appliances

About This Home

As of January 2023

Clean completely remodeled complex. 10 units with pool and laundry. Nice units with tile bathroom enclosures and new paint, flooring and kitchen cabinets. First time investor or seasoned this complex has good rental history and upside rent potential.

Last Agent to Sell the Property

Tony Pereira

RE/MAX Gold License #01190189 Listed on: 09/28/2022

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 13,939 Sq Ft Lot
  • Fenced Yard

Home Design

  • Traditional Architecture
  • Side-by-Side
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1 Bedroom
  • 5,724 Sq Ft Home
  • 2-Story Property
  • Free-Standing Electric Range

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Suppression System

Parking

  • 24 Parking Spaces
  • Uncovered Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Separate Meters
  • 220 Volts
  • High-Efficiency Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • Assessor Parcel Number 104-250-029-000

Community Details

Overview

  • 2 Buildings
  • 10 Units

Additional Features

  • Laundry Facilities
  • Gross Income $135,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0.32 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Cypress Ave. to Parkview Ave. to Akard Ave.
  • Lot Size Acres: 0.3200
  • Stories: 2
  • CapRate: 6.64
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range
  • Accessibility Features: Varies By Unit
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 234.54
  • Square Footage: 5724.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Slab
  • Lot Features: Shape Regular
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: Side-by-Side, Uncovered
  • Total Parking Spaces: 24.00

Utilities

  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Fire Extinguisher, Smoke Detector, Varies By Unit
  • Sewer: Private Sewer
  • Utilities: Cable Connected, City, DSL Available, Electric
  • Water Source: Meter on Site, Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 104-250-029-000
  • Lot Size Sq Ft: 13939.00

Green Features

  • Energy Efficient: Appliances, Water Heater

Rental Info

  • TenantPays: Cable TV, Electricity, Trash Collection

Building Info

  • Year Built: 1960

Multi Family

  • One Bedroom Annual Occupancy: 95
  • 1 Bedroom Rent Range: 900-1100
  • Number Of1 Bedrooms Occupied: 9
  • Number of 1 Bedroom Units: 10
  • NumberOfUnitsTotal: 10

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
Sep 28, 2022
Closed on
Jan 3, 2023
Sold by
Bought by
Seller's Agent
Tony Pereira
RE/MAX Gold
List Price
$1,475,000
Sold Price
$1,342,500
Premium/Discount to List
-$132,500
-8.98%
Views
102

Purchase Details

Listed on
Dec 11, 2021
Closed on
Jan 11, 2022
Sold by
Bought by
Seller's Agent
Kevin Rhoderick
eXp Realty of California, Inc.
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.57%

Purchase Details

Closed on
Mar 9, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$674,925
Interest Rate
0.044%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
0.045%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0577%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
0.0577%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
0.0708%
Mortgage Type
Commercial

Purchase Details

Closed on
May 31, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,342,500 Fidelity National Title
$1,350,000 Fidelity National Title
-- Fidelity National Title
$900,000 Placer Title Co
$850,000 Fidelity National Title Co
-- First American Title Company
-- Fidelity Natl Title Co Of Ca
-- Fidelity Natl Title Co Of Ca
$250,000 Fidelity National Title Co
-- --
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 $500,000
Previous Owner $850,000
Previous Owner $674,925
Previous Owner $1,200,000
Previous Owner $480,000
Previous Owner $175,000
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
01/06/2023 01/06/23 Sold $1,342,500 -3.1% $235 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $1,385,000 -1.1% $242 / Sq Ft
10/20/2022 10/20/22 Price Changed $1,400,000 -5.1% $245 / Sq Ft
09/28/2022 09/28/22 For Sale $1,475,000 +9.3% $258 / Sq Ft
01/18/2022 01/18/22 Sold $1,350,000 0.0% -- View Prior Sale
12/27/2021 12/27/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $1,350,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

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
2025 $14,430 $1,395,935 $260,100 $1,135,835
2024 $14,576 $1,369,750 $255,000 $1,114,750
2023 $14,576 $1,377,400 $255,000 $1,122,400
2022 $10,072 $944,887 $236,514 $708,373
2021 $10,030 $926,673 $231,877 $694,796
2020 $10,177 $918,298 $229,500 $688,798
2019 $4,368 $400,000 $100,000 $300,000
2018 $3,672 $324,673 $75,755 $248,918
2017 $3,653 $318,308 $74,270 $244,038
2016 $3,539 $312,067 $72,814 $239,253
2015 $3,495 $307,381 $71,721 $235,660
2014 $3,472 $301,361 $70,317 $231,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322088874

Bay Area Real Estate Information Services (BAREIS)
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