Patrick Pinnow
TREG INC - The Real Estate Group
(530) 451-0930
46 Total Sales
1 in Riverside Avenue
$374,900 Price
2980 Stingy Ln Anderson, CA 96007
Riverside Avenue NeighborhoodEstimated Value: $846,000 - $865,418
7
Beds
3
Baths
--
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
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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
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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Riverside Avenue, CA
-
Patrick Pinnow
-
Ben Sprague
Ben Sprague
eXp Realty of California Inc
(530) 240-7728
166 Total Sales
7 in Riverside Avenue
$200K - $366K Price Range
-
Justin Cartwright
Justin Cartwright
Waterman Real Estate
(530) 319-5938
149 Total Sales
12 in Riverside Avenue
$242K - $420K Price Range
-
April Smith
April Smith
Responds QuicklyNorth State Realtors, INC.
(530) 999-4547
52 Total Sales
4 in Riverside Avenue
$300K - $490K Price Range
-
Tammy Krumvieda
Tammy Krumvieda
Mistletoe Realty
(530) 319-5152
20 Total Sales
2 in Riverside Avenue
$200K - $340K Price Range
-
Albert Naticchioni
Albert Naticchioni
RE/MAX of Redding
(530) 444-1558
194 Total Sales
8 in Riverside Avenue
$210K - $350K Price Range
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
-
Nick Kerley
Seller's Agent in 2025
Nick Kerley
Realty 110, Inc.
(530) 242-4114
6 in this area
253 Total Sales
-
Kimberly Moore
K
Seller Co-Listing Agent in 2025
Kimberly Moore
Realty 110, Inc.
(530) 355-2538
5 in this area
199 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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