NOT LISTED FOR SALE

2854 Madison River Dr Redding, CA 96002

Goodwater Neighborhood

Estimated Value: $559,000 - $597,000

4 Beds
2 Baths
2,120 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $390,000 $184 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,334/month

20 Days on Market

Highlights

  • Parking available for a boat
  • Vaulted Ceiling
  • Double Vanity
  • Contemporary Architecture
  • No HOA
  • Tile Countertops

About This Home

As of August 2019

BEAUTIFUL HOME IN SILVER CREEK SUBDIVISION Back on the Market! This 4 bdrm. 2 bath custom home is move-in ready. Bring your family and enjoy this prestigious and highly sought after neighborhood. Covered patio, mature yard, open great room, formal dinning, pantry, 3 car garage, RV parking, and many amenities. Buyer to verify sq. footage.

Last Agent to Sell the Property

Maggie McGrath

Domke Real Estate Professionals, Inc. License #1775813 Listed on: 07/22/2019

Last Buyer's Agent

Frank Trotter

Upward Realty License #01816285

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • Partially Fenced Property

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Built-In Microwave
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Parking

  • Parking available for a boat
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Community Details

  • No Home Owners Association
  • Silver Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054-810-007

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Bonds HOA: Yes
  • Cable Cable Connected Y N: N
  • Directions: Take Shasta View to Western Oak, to Yellowstone, to Madison River Dr.
  • Kitchen Microwave: Built-in
  • Misc Amenities Gutters: None
  • Misc Amenities Landscape: Front / Back
  • Misc Amenities Laundry: Hook-ups
  • Prop. Type: Residential
  • Year Built: 2004
  • Road Surface Type: Asphalt
  • Subdivision Name: SILVER CREEK
  • Architectural Style: Contemporary
  • Reso Interior Features: Pantry, Vaulted Ceiling(s), High Ceilings, Double Vanity
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: 10-20 Years
  • Misc Amenities Fenced2: Partial
  • Water:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplace:Living Room2: Yes

Exterior Features

  • Roof: Composition
  • View: None
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Unassigned, RV Access/Parking, Boat
  • RV Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 054-810-007
  • Lot Dimensions: 0.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2020
Sold by
Alvarez Guillermo and Alvarez Irene
Bought by
Taylor Logan W and Byrne Jayden J
Current Estimated Value
$569,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$319,224
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$250,069

Purchase Details

Listed on
Jul 22, 2019
Closed on
Aug 28, 2019
Sold by
Phelps Mark A and Phelps Mathew O
Bought by
Alvarez Guillermo and Alvarez Irena
Seller's Agent
Maggie McGrath
Domke Real Estate Professionals, Inc.
Buyer's Agent
Frank Trotter
Upward Realty
List Price
$392,200
Sold Price
$390,000
Premium/Discount to List
-$2,200
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$290,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2004
Sold by
Phelps Lester H and Phelps Dahl C
Bought by
Phelps Lester H and Phelps Dahl C

Purchase Details

Closed on
Jul 8, 2004
Sold by
Arntz K Allan
Bought by
Phelps Lester H and Phelps Dahl C
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
Taylor Logan W $400,000 First American Title Company
Alvarez Guillermo $390,000 Fidelity Natl Ttl Co Of Ca
Phelps Lester H -- --
Phelps Lester H -- --
Phelps Lester H $360,000 Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Logan W $360,000
Previous Owner Alvarez Guillermo $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $390,000 -0.6% $184 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $392,200 -- $185 / 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 $4,537 $432,971 $92,006 $340,965
2024 $4,447 $424,482 $90,202 $334,280
2023 $4,447 $416,160 $88,434 $327,726
2022 $4,335 $408,000 $86,700 $321,300
2021 $4,267 $400,000 $85,000 $315,000
2020 $4,154 $390,000 $85,000 $305,000
2019 $4,400 $422,600 $104,200 $318,400
2018 $4,226 $402,400 $99,200 $303,200
2017 $4,167 $383,300 $94,500 $288,800
2016 $3,827 $365,000 $90,000 $275,000
2015 $3,881 $365,000 $90,000 $275,000
2014 $3,592 $335,000 $85,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Maggie McGrath

    Domke Real Estate Professionals, Inc.

  • F

    Buyer's Agent in 2019

    Frank Trotter

    Upward Realty

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Map

Source: Shasta Association of REALTORS®

MLS Number: 19-3525

Shasta Association of REALTORS®

APN: 054-810-007-000

California Shasta County Redding 96002 Goodwater

2854 Madison River Dr, Redding, CA

Not Listed for Sale

MultiFamily

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