NOT LISTED FOR SALE

2962 Lanning Ave Redding, CA 96001

Parkview Neighborhood
3 Beds
1 Bath
1,362 Sq Ft
1943 Built

Last Sold August 29, 2024

Last sale price $485,000 $356 Per Sq Ft

99 Days on Market

About This Home

As of August 2024

TURN-KEY with an incredible investment return of 8% CAP Rate & over $49,000 in gross annual income.! Exceptional property offering 3 INCOME STREAMS with little to no maintenance and VERY LOW landlord expenses! This unique TRI-PLEX includes a spacious single-family home and a freshly RENOVATED Duplex, perfect for extended family or CASH FLOW. The single-family home has a open floor plan, featuring 3 generously sized bedrooms, a spacious bathroom, indoor laundry, private backyard & garage, PLUS a newer roof & HVAC. The duplex, meticulously redesigned from the studs, offers brand-new interiors and exteriors, complete with new Kitchens, New Bathrooms, New Floors, New Appliances, NEW AC units & a NEW roof. Don't miss this rare opportunity!

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 05/21/2024

Co-Listed By

Kimberly Moore

Realty 110, Inc. License #02059831

Last Buyer's Agent

Estephanie Feeney

Shasta Sotheby's International Realty License #02198861

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 104-230-028-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: Parkview to Lanning
  • Prop. Type: Residential Income
  • Year Built: 1943
  • Existing Rntl Terms Written Lease: Yes
  • Building Stories: 1
  • Co List Office Mls Id: sha.2109
  • Co List Office Phone: 530-242-4114
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Off Street, On Street
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Lot Info

  • Parcel #: 104-230-028-000
  • Lot Dimensions: 10,454
  • Zoning Description: NOT AVAILABLE

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $485,000 -2.0% $356 / Sq Ft
07/17/2024 07/17/24 Price Changed $495,000 -0.8% $363 / Sq Ft
05/21/2024 05/21/24 For Sale $499,000 +90.1% $366 / Sq Ft
09/29/2023 09/29/23 Sold $262,500 -21.1% $193 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $332,500 +100.9% $244 / Sq Ft
09/25/2020 09/25/20 Sold $165,500 -26.4% $122 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
06/22/2018 06/22/18 For Sale $225,000 -- $165 / Sq Ft
Source: Shasta Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nick Kerley

    Seller's Agent in 2024

    Nick Kerley

    Realty 110, Inc.

    (530) 242-4114

    4 in this area

    306 Total Sales

    Nick Kerley
    Section Image

  • K

    Seller Co-Listing Agent in 2024

    Kimberly Moore

    Realty 110, Inc.

    (530) 355-2538

    3 in this area

    208 Total Sales

    Kimberly Moore
    Section Image

  • E

    Buyer's Agent in 2024

    Estephanie Feeney

    Shasta Sotheby's International Realty

    (530) 604-3951

    3 in this area

    13 Total Sales

    Estephanie Feeney
    Section Image
  • Douglas Juenke

    Seller's Agent in 2023

    Douglas Juenke

    eXp Realty of California, Inc.

    (530) 515-9445

    2 in this area

    50 Total Sales

    Douglas Juenke
    Section Image
  • Michael Rossiter

    Seller's Agent in 2020

    Michael Rossiter

    Coldwell Banker Select Real Estate - Redding

    (530) 945-5611

    90 Total Sales

    Michael Rossiter
    Section Image
See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 24-2229

Shasta Association of REALTORS®

APN: 104-230-28

California Shasta County Redding 96001 Parkview

2962 Lanning Ave, Redding, CA

This home is located at 2962 Lanning Ave, Redding, CA 96001 since 21 May 2024. This property was built in 1943. 2962 Lanning Ave is a home located in Shasta County with nearby schools including Juniper, Sequoia Middle School, and Shasta 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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