NOT LISTED FOR SALE

Estimated Value: $3,876,829

-- Bed
-- Bath
6,163 Sq Ft
$629/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $2,900,000 $471 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $23,441/month

52 Days on Market

About This Home

As of June 2019

Fully leased professional office building in the Cobblestone Business Park. The building is leased to four tenants and is located within the Park to offer excellent exposure from Hartnell Avenue. The property has been held by the original developer of the park and continues to be well maintained and 100% occupied. The Park is professionally managed with the parking lot, landscaping, and common areas controlled by an owner's association providing economies of scale for all owners. The Park was developed for professional office and medical users with adequate parking for the existing and proposed buildings. Multiple entrances from the building allow for different configurations along with a common restroom core. The park and building were designed by LPA, Inc. Architects and constructed in 2006 by Gifford Construction. The building consists of steel construction and is fully sprinklered. One of the only fully leased buildings for sale in the Redding area!

Last Agent to Sell the Property

Ryan Haedrich

Haedrich & Co., Inc. Listed on: 04/23/2019

Last Buyer's Agent

NON MEMBER

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,398

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 107-600-027-520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,398

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Located within the Cobblestone Business Park along Hartnell Avenue in Redding, CA.
  • Prop. Type: Investment
  • Year Built: 2006
  • Lot Size Acres: 0.32
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes
  • GarageParking:Common: Yes

Lot Info

  • Parcel #: 107-600-027-520
  • Lot Size Sq Ft: 13910.0
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: RED - Planned Development District
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
Jun 26, 2019
Sold by
Hartnell Land Llc
Bought by
Day Brent D and Day Lauretta A
Seller's Agent
Ryan Haedrich
Haedrich & Co., Inc.
Buyer's Agent
NON MEMBER
Non Member
List Price
$3,200,000
Sold Price
$2,900,000
Premium/Discount to List
-$300,000
-9.38%
Total Days on Market
52
Current Estimated Value
$3,876,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$976,829
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Apr 22, 2008
Sold by
Rck Hartnell Project Llc
Bought by
Hartnell Land Llc
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Day Brent D $2,900,000 Placer Title Company
Hartnell Land Llc -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hartnell Land Llc $1,688,836
Previous Owner Hartnell Land Llc $2,060,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $2,900,000 -9.4% $471 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $3,200,000 -- $519 / 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
2024 $34,398 $3,171,569 $546,820 $2,624,749
2023 $34,398 $3,109,383 $536,099 $2,573,284
2022 $33,429 $3,048,416 $525,588 $2,522,828
2021 $32,292 $2,988,644 $515,283 $2,473,361
2020 $32,158 $2,958,000 $510,000 $2,448,000
2019 $22,555 $2,046,253 $752,132 $1,294,121
2018 $22,298 $2,006,132 $737,385 $1,268,747
2017 $22,701 $1,966,797 $722,927 $1,243,870
2016 $21,227 $1,928,233 $708,752 $1,219,481
2015 $21,054 $1,899,270 $698,106 $1,201,164
2014 $20,907 $1,862,067 $684,432 $1,177,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 19-2048

Shasta Association of REALTORS®

APN: 107-600-027-520