Seller's Agent in 2025
Nick Kerley
Realty 110, Inc.
(530) 242-4114
7 in this area
317 Total Sales
2980 Stingy Ln Anderson, CA 96007
Riverside Avenue Neighborhood
--
Bed
--
Bath
--
Sq Ft
1964
Built
About This Home
As of July 2025High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.75%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a Profoma CAP rate exceeding 10.39% in as little as 2 years. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
Last Agent to Sell the Property
Realty 110, Inc. License #01332465 Listed on: 02/17/2025
Last Buyer's Agent
NON MEMBER
Non Member
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,233
Year Built
- Built in 1964
Parking
- Carport
- Off-Street Parking
Listing and Financial Details
- Assessor Parcel Number 201-510-025-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 24, 2024
Sold by
Francis L Rhodes Revocable Trust
Bought by
Francis L Rhodes Revocable Trust and Bell
Purchase Details
Closed on
May 11, 2022
Sold by
Rhodes Frances L
Bought by
Frances L Rhodes Trust and Rhodes
Purchase Details
Closed on
Jul 21, 2015
Sold by
Lahr Jeffrey S and Dawson Samuel P
Bought by
Rhodes Frances L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
3.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 2008
Sold by
United Labor Bank Fsb
Bought by
Lahr Jeffrey S and Dawson Samuel P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
5.85%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 7, 2007
Sold by
Campbell Sherman Lee
Bought by
United Labor Bank Fsb
Purchase Details
Closed on
Jan 22, 2004
Sold by
Tappy Jack
Bought by
Campbell Sherman Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 3, 2002
Sold by
Tappy Jack
Bought by
Tappy Jack
Purchase Details
Closed on
Feb 3, 2000
Sold by
Medley Family Trust Medley Robert G & Marilyn
Bought by
Tappy Jack
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Grant Deed | $465,000 | Placer Title Company | |
| Grant Deed | $460,000 | Fidelity Natl Title Co Of Ca | |
| Trustee Deed | $253,053 | First American Title Co | |
| Grant Deed | $485,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $282,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $313,000 | Commercial | |
| Previous Owner | $391,000 | Seller Take Back | |
| Previous Owner | $325,000 | Commercial | |
| Previous Owner | $300,000 | Commercial | |
| Previous Owner | $237,000 | Seller Take Back | |
| Closed | $10,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | Sold | $865,000 | -12.2% | -- |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- |
| 05/07/2025 05/07/25 | Price Changed | $985,000 | -10.5% | -- |
| 04/09/2025 04/09/25 | Price Changed | $1,100,000 | -4.3% | -- |
| 02/17/2025 02/17/25 | For Sale | $1,150,000 | -- | -- |
Source: Shasta Association of REALTORS®
Tax History Compared to Growth
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 | $13,233 | $841,500 | $127,500 | $714,000 |
| 2024 | $9,000 | $825,000 | $125,000 | $700,000 |
| 2023 | $9,000 | $529,087 | $102,402 | $426,685 |
| 2022 | $8,745 | $518,714 | $100,395 | $418,319 |
| 2021 | $8,676 | $508,544 | $98,427 | $410,117 |
| 2020 | $8,649 | $503,330 | $97,418 | $405,912 |
| 2019 | $8,271 | $493,461 | $95,508 | $397,953 |
| 2018 | $8,300 | $483,786 | $93,636 | $390,150 |
| 2017 | $8,562 | $474,300 | $91,800 | $382,500 |
| 2016 | $8,716 | $465,000 | $90,000 | $375,000 |
| 2015 | $9,249 | $425,000 | $90,000 | $335,000 |
| 2014 | $8,440 | $400,000 | $85,000 | $315,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
K
Seller Co-Listing Agent in 2025
Kimberly Moore
Realty 110, Inc.
(530) 355-2538
5 in this area
208 Total Sales
-
N
Buyer's Agent in 2025
NON MEMBER
Non Member
Map
Source: Shasta Association of REALTORS®
MLS Number: 25-634
APN: 201-510-025-000
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