NOT LISTED FOR SALE

331 Walnut St Weed, CA 96094

Estimated Value: $261,000 - $268,000

4 Beds
1 Bath
2,000 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $207,000 $104 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,587/month

3 Days on Market

Highlights

  • Views of Trees
  • Double Pane Windows
  • Electric Baseboard Heater
  • Lawn
  • Shed
  • High Speed Internet

About This Home

As of September 2020

Spacious 1,000 sf each unit duplex on quiet street in college area of Weed. View of Mt. Shasta and Black Butte from large quarter acre fenced lot. Rented constantly, These 2 BR 1 BA Units have just recently been updated with new flooring, some new appliances, interior & exterior repairs and paint. Zoned R 3 and plenty of room for third unit (tiny house?) in large yard. Long term income producers for any investor or owner/landlord! Tenants on month to month starting August. Photos of upstairs unit are the furnished photos, downstairs photos shown are the vacant photos right after remodel finished.

Last Agent to Sell the Property

Gigi Ryan

John L Scott Siskiyou - South License #01340691 Listed on: 06/26/2020

John L Scott Siskiyou - South

Last Buyer's Agent

MODESTOS KEFALAS

G. M. KEFALAS INVESTMENTS

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 50' x 225' x 50' x 229'
  • Wood Fence
  • Chain Link Fence
  • Gentle Sloping Lot
  • Few Trees
  • Lawn

Property Views

  • Trees
  • Mt Shasta

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonite

Interior Spaces

  • 1 Bathroom
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Vinyl Clad Windows

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • 1 to 5 Parking Spaces

Outdoor Features

  • Shed

Utilities

  • Electric Baseboard Heater
  • Heating System Uses Oil
  • Heating System Mounted To A Wall or Window
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • 2 Units
  • Sullivans Highway Additio Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060-431-110

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Additional Comments: Whew Thanks Jim!
  • Assessor Parcel Number: 060-431-110
  • Estimated Acres: 0.26
  • Estimated Age: 51 - 70 Yrs
  • Estimated Sq Ft: 2000
  • Class: Income Property
  • Cross Street: College
  • Fencing: Chain Link, Wood
  • Heat: Monitor-Oil, Electric Baseboard, Electric Wall
  • Lot Dimensions: 50' x 225' x 50' x 229'
  • Lvt Date: 06/25/2020
  • Bathrooms: 1
  • Remarks To Public: Spacious 1,000 sf each unit duplex on quiet street in college area of Weed. View of Mt. Shasta and Black Butte from large quarter acre fenced lot. Rented constantly, These 2 BR 1 BA Units have just recently been updated with new flooring, some new appliances, interior & exterior repairs and paint. Zoned R 3 and plenty of room for third unit (tiny house?) in large yard. Long term income producers for any investor or owner/landlord! Tenants on month to month starting August. Photos of upstairs unit are the furnished photos, downstairs photos shown are the vacant photos right after remodel finished.
  • Sewage: Sewer
  • Sewage Type: Sewer
  • Street: Paved
  • Style: Classic
  • Type: Residential
  • View: Both Mtns
  • Within City Limits: Yes
  • Transmit To Internet: Yes
  • Trees: Yes
  • View Type: Mt Shasta, Town, Trees
  • Gross Mo Inc: $1750.00
  • Residential Subtype: Duplex
  • I N C L U D E I N Z I L L O W F E E D: YES
  • R E M A R K S T O A G E N T: No short notice showings and may need 24 hour notice. Lockbox with one key is for upstairs. Downstairs tenant is older and due to Covid 19 does not want showings at this time. All vacant photos are of downstairs unit right after remodel. Tenant has been in downstairs unit approx 5 months. Downstairs unit to be shown upon accepted offer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer
  • Foundation: Perimeter
  • Interior Amenities: Cable, Window Coverings
  • Floor: Carpet, Laminate

Exterior Features

  • Windows: Dual Pane, Metal Frame, Vinyl Clad
  • Exterior: Masonite
  • Roof: Composition
  • Stories: Two
  • Exterior Features: Lawn, Shed

Garage/Parking

  • Driveway: Gravel
  • Parking Spaces: 1-5

Utilities

  • Heating: Monitor
  • Laundry: In Kitchen, On-Site
  • Utilities Available: Cable, Cell Service, Electricity, Hard Line Phone, High Speed Internet, Satelite
  • Water: City
  • Water Type: City

Lot Info

  • Topography: Gentle
  • Zoning: R-3

Rental Info

  • Lease Terms: tenants pay utilities

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 23, 2020
Sold by
Barker David S
Bought by
Mitchell Darrell B and Mitchell Megan M
Seller's Agent
Gigi Ryan
John L Scott Siskiyou - South
Buyer's Agent
MODESTOS KEFALAS
G. M. KEFALAS INVESTMENTS
List Price
$199,500
Sold Price
$207,000
Premium/Discount to List
$7,500
3.76%
Current Estimated Value
$264,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,484
Avg. Annual Appreciation
4.76%

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 18, 2019
Sold by
Mccoy Margaret A and The Mccoy Family Trust
Bought by
Barker David S
Seller's Agent
Georgia Ryan
John L Scott Siskiyou
Buyer's Agent
Georgia Ryan
John L Scott Siskiyou
List Price
$159,000
Sold Price
$145,000
Premium/Discount to List
-$14,000
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.21%
Original Mortgage
$108,700
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2006
Sold by
Mccoy Margaret A
Bought by
Mccoy John Lee and Mccoy Margaret A

Purchase Details

Closed on
Dec 27, 2000
Sold by
Mccoy John L
Bought by
Mccoy Margaret A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mitchell Darrell B $207,000 Title & Escrow Co
Barker David S $145,000 Mt Shasta Title & Escrow
Mccoy John Lee -- None Available
Mccoy Margaret A -- --
Mccoy Margaret A $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barker David S $108,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2020 09/28/20 Sold $207,000 +3.8% $104 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $199,500 +37.6% $100 / Sq Ft
07/26/2019 07/26/19 Sold $145,000 -8.8% $73 / Sq Ft View Prior Sale
06/22/2019 06/22/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $159,000 -- $80 / Sq Ft
Source: Siskiyou 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
2025 $2,451 $224,061 $30,307 $193,754
2023 $2,451 $215,362 $29,131 $186,231
2022 $2,361 $211,140 $28,560 $182,580
2021 $2,322 $207,000 $28,000 $179,000
2020 $1,670 $145,000 $20,000 $125,000
2019 $1,186 $99,601 $18,901 $80,700
2018 $1,166 $97,649 $18,531 $79,118
2017 $1,148 $95,735 $18,168 $77,567
2016 $1,128 $93,859 $17,812 $76,047
2015 $1,114 $92,450 $17,545 $74,905
2014 $1,096 $90,640 $17,202 $73,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Siskiyou Association of REALTORS®

MLS Number: 20200867

Siskiyou Association of REALTORS®

APN: 060-431-110