NOT LISTED FOR SALE

Estimated Value: $792,535

-- Bed
-- Bath
5,242 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $765,000 $146 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,896/month

189 Days on Market

About This Home

As of August 2023

Low maintenance mixed-used 100% leased investment property available for sale on busy Bechelli Lane in Redding, CA. Built-in 1979, the front commercial building is approximately 3,825 square feet with 2 suites, one of which has access to the fenced yard. The building is steel-frame construction with metal exterior including 2 roll-up doors and a large fenced yard consisting of approximately 11,500 square feet (1/4 acre).
The back single-family home was built in 1958, includes 3 bedrooms and 1.5 bathrooms, consists of approximately 1,417 square feet, and has a 2 car detached garage. The home is in great shape with a large fenced backyard with potential for views, and a happy tenant who would like to stay. Contact the listing broker to schedule tours and please do not disturb or approach any tenants.
Seller Financing is available!

See documents section for brochure.

Last Agent to Sell the Property

Chris Haedrich

Haedrich & Co., Inc. Listed on: 12/29/2022

Last Buyer's Agent

Geno Andrade

The Bridge Mortgage & Realty C License #01420233

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,537

Year Built

  • Built in 1979

Lot Details

  • 1.1

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 070-250-003-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,537

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Excellent location on busy Bechelli Lane in between Cypress Avenue and S. Bonnyview Road. Easily accessible from I-5 and any part of town with high traffic counts and great exposure.
  • Prop. Type: Investment
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 070-250-003-000
  • Zoning Description: RED - C-1 - Neighborhood Commercial Dist

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2022
Closed on
Aug 17, 2023
Sold by
David And Lizbeth Rogers Family Trust
Bought by
Peyton Josh
Seller's Agent
Chris Haedrich
Haedrich & Co., Inc.
Buyer's Agent
Geno Andrade
The Bridge Mortgage & Realty C
List Price
$765,000
Sold Price
$765,000
Current Estimated Value
$792,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,535
Avg. Annual Appreciation
0.64%
Original Mortgage
$535,500
Outstanding Balance
$524,855
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$250,524

Purchase Details

Closed on
Aug 28, 2006
Sold by
Rogers Dave and Rogers Lizbeth J
Bought by
Rogers Paul David and Rogers Lizbeth J

Purchase Details

Closed on
Aug 16, 2002
Sold by
Dent Dorman H and Dent Sharon E
Bought by
Rogers Dave and Rogers Lizbeth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.51%
Mortgage Type
Commercial
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
Peyton Josh $765,000 Fidelity National Title Compan
Rogers Paul David -- None Available
Rogers Dave $315,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peyton Josh $535,500
Previous Owner Rogers Dave $171,369
Previous Owner Rogers Dave $200,000
Previous Owner Dent Sharon E $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $765,000 0.0% $146 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
12/29/2022 12/29/22 For Sale $765,000 -- $146 / 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
2025 $8,537 $780,300 $204,000 $576,300
2024 $4,993 $765,000 $200,000 $565,000
2023 $4,993 $438,491 $208,804 $229,687
2022 $4,855 $429,894 $204,710 $225,184
2021 $4,695 $421,466 $200,697 $220,769
2020 $4,675 $417,146 $198,640 $218,506
2019 $4,639 $408,968 $194,746 $214,222
2018 $4,356 $380,000 $180,000 $200,000
2017 $4,174 $350,000 $175,000 $175,000
2016 $3,440 $300,000 $160,000 $140,000
2015 $3,352 $290,000 $150,000 $140,000
2014 $3,393 $290,000 $150,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 22-5864

Shasta Association of REALTORS®

APN: 070-250-003-000