NOT LISTED FOR SALE

Estimated Value: $846,000 - $865,418

7 Beds
3 Baths
-- Sq Ft
1964 Built

Sale Details

Date Sold: July 31, 2025

Last sale price $865,000

Est. 1% decrease in value since last sale

Current estimated payment $5,793 / mo

99 Days on Market

About This Home

As of July 2025

High-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

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 02/17/2025

Co-Listed By

Kimberly Moore

Realty 110, Inc. License #02059831

Last Buyer's Agent

NON MEMBER

Non Member

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Parking

  • Carport
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 201-510-025-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

Listing Details

  • Directions: I5 to East on Balls Ferry Road. Left onto Stingy Lane. Property is on the left.
  • Prop. Type: Residential Income
  • Year Built: 1964
  • Co List Office Mls Id: sha.2109
  • Co List Office Phone: 530-242-4114
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes
  • Parking:Carport: Yes

Lot Info

  • Parcel #: 201-510-025-000
  • Zoning Description: NOT AVAILABLE

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
Feb 17, 2025
Closed on
Jul 22, 2025
Sold by
Bought by
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
NON MEMBER
Non Member
List Price
$1,150,000
Sold Price
$865,000
Premium/Discount to List
-$285,000
-24.78%
Views
29
Current Estimated Value
$855,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,291
Avg. Annual Appreciation
-1.02%
Original Mortgage
$600,000
Outstanding Balance
$594,222
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$261,487

Purchase Details

Closed on
Jan 24, 2024
Sold by
Bought by

Purchase Details

Closed on
May 11, 2022
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 2015
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
$313,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2008
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
$391,000
Interest Rate
5.85%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2007
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2004
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
$300,000
Interest Rate
5.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 3, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 3, 2000
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
$237,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Riverside Avenue, CA

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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
$865,000 Placer Title
-- None Listed On Document
-- None Listed On Document
$465,000 Placer Title Company
$460,000 Fidelity Natl Title Co Of Ca
$253,053 First American Title Co
$485,000 Fidelity National Title Co
-- --
$282,000 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 $600,000
Previous Owner $313,000
Previous Owner $391,000
Previous Owner $325,000
Previous Owner $300,000
Previous Owner $237,000
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
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

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
2026 $13,074 $865,000 $125,000 $740,000
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

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Map

Source: Shasta Association of REALTORS®

MLS Number: 25-634

Shasta Association of REALTORS®

APN: 201-510-025-000

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