NOT LISTED FOR SALE

3509 Old Lantern Dr Redding, CA 96003

Quartz Hill Neighborhood

Estimated Value: $485,403 - $491,000

3 Beds
2 Baths
1,704 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $457,450 $268 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,998/month

52 Days on Market

Highlights

  • Mountain View
  • High Ceiling
  • No HOA
  • Contemporary Architecture
  • Granite Countertops
  • Double Vanity

About This Home

As of November 2021

Seller offering a $5000 closing credit with an acceptable offer. Brand new and ready for occupancy! This 1704 square foot home has 3 bedrooms, 2 bathrooms in a split floor plan. Granite counters throughout. LVP flooring in the main living areas. Fireplace in the great room. Finished two car garage with tankless water heater. Views. Beautiful established neighborhood in West Redding close to our vibrant downtown, medical facilities, Sacramento River fishing and the river trail system as well as parks and golf! CB236

Last Agent to Sell the Property

Kristin Minugh

Coldwell Banker C&C Properties License #01476900 Listed on: 08/17/2021

Last Buyer's Agent

Faith Barrett

Real Brokerage Technologies License #02057240

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2021

Lot Details

  • Partially Fenced Property
  • Landscaped
  • Sprinkler System

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • River Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115-350-066-000

Property Details

Home Type

Multi-Family

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Bonds HOA: None
  • Directions: Quartz Hill to left on White Sail then quick right onto Old Lantern. Home on the left.
  • Kitchen Microwave: Built-in
  • Misc Amenities Gutters: Partially
  • Misc Amenities Landscape: Front
  • Misc Amenities Sprinkler: Automatic
  • Prop. Type: Residential
  • Water District Name: COR
  • Year Built: 2021
  • Road Surface Type: Asphalt
  • Ownership: Seller
  • Subdivision Name: RIVER RIDGE
  • Architectural Style: Contemporary
  • Reso Interior Features: Pantry, Breakfast Bar, Kitchen Island, High Ceilings, Double Vanity
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: New
  • Misc Amenities Fenced2: Partial
  • Water:Public: Yes
  • ViewMountain: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Granite Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Kitchen Features:Kitchen Island: Yes

Exterior Features

  • Roof: Composition
  • View: Filter, Mountain(s)
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Utilities

  • Electric: Public
  • Sewer: Sewer, Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 115-350-066-000
  • Lot Dimensions: 9,148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2021
Closed on
Nov 2, 2021
Sold by
Raw Realty Llc
Bought by
Purkey Hannah Claire
Seller's Agent
Kristin Minugh
Coldwell Banker C&C Properties
Buyer's Agent
Faith Barrett
Real Brokerage Technologies
List Price
$465,000
Sold Price
$457,450
Premium/Discount to List
-$7,550
-1.62%
Current Estimated Value
$487,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,151
Avg. Annual Appreciation
1.55%
Original Mortgage
$387,600
Outstanding Balance
$354,622
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$132,979

Purchase Details

Closed on
Feb 18, 2021
Sold by
Salamy Jeremiah
Bought by
Raw Realty Llc

Purchase Details

Listed on
Dec 4, 2018
Closed on
Dec 17, 2018
Sold by
Salamy Shanda
Bought by
Salamy Jeremiah
Seller's Agent
Luke Christensen
Venture Properties
Buyer's Agent
Kevin Burns
eXp Realty of California, Inc.
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.46%

Purchase Details

Listed on
Jan 26, 2016
Closed on
Feb 17, 2016
Sold by
Sadler Melvin R and The Sadler Family 2014 Trust
Bought by
Miller Billy W
Seller's Agent
Joyce Middleton
House of Realty
Buyer's Agent
Scott Pewitt
Exp Commercial of California, Inc.
List Price
$279,500
Sold Price
$250,000
Premium/Discount to List
-$29,500
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.43%

Purchase Details

Closed on
Mar 20, 2014
Sold by
Sadler Melvin R
Bought by
Sadler Melvin R and Sadler Family 2014 Trust

Purchase Details

Listed on
Jan 11, 2012
Closed on
Feb 8, 2012
Sold by
Lippre John and Lippre Norma
Bought by
Sadler Melvin R and Sadler Mary E
Seller's Agent
Rick Phillips
Domke Real Estate Professionals, Inc.
Buyer's Agent
Albert Naticchioni
RE/MAX of Redding
List Price
$240,000
Sold Price
$216,000
Premium/Discount to List
-$24,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Jun 17, 2008
Sold by
Leis Patricia and The Donahue Family Trust
Bought by
Lippre John and Lippre Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2006
Sold by
Donahue Robert J
Bought by
Leis Patricia and The Donahue Family Trust

Purchase Details

Closed on
Mar 24, 2004
Sold by
Burton Dennis J and Burton Sherry L
Bought by
Donahue Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Gunner Clermont Inc
Bought by
Burton Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Purkey Hannah Claire $457,500 Placer Title Company
Raw Realty Llc $84,000 Placer Title Company
Salamy Jeremiah -- Fidelity National Title Co
D & A Partnership Inc $55,000 Fidelity National Title Co
Miller Billy W $250,000 Fidelity Natl Title Co Of Ca
Sadler Melvin R -- None Available
Sadler Melvin R $216,000 First American Title Company
Lippre John $238,000 Fidelity National Title Comp
Leis Patricia -- None Available
Donahue Robert $257,500 Placer Title Company
Burton Dennis J $125,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Purkey Hannah Claire $387,600
Previous Owner Lippre John $60,000
Previous Owner Donahue Robert $162,000
Previous Owner Burton Dennis J $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $457,450 -1.6% $268 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $465,000 +745.5% $273 / Sq Ft
12/19/2018 12/19/18 Sold $55,000 -8.3% -- View Prior Sale
12/03/2018 12/03/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $60,000 -76.0% --
02/19/2016 02/19/16 Sold $250,000 -10.6% $158 / Sq Ft View Prior Sale
01/30/2016 01/30/16 Pending -- -- --
10/21/2015 10/21/15 For Sale $279,500 +29.4% $177 / Sq Ft
02/10/2012 02/10/12 Sold $216,000 -10.0% $137 / Sq Ft View Prior Sale
01/17/2012 01/17/12 Pending -- -- --
06/09/2011 06/09/11 For Sale $240,000 -- $152 / 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 $5,321 $484,970 $84,896 $400,074
2024 $5,220 $475,462 $83,232 $392,230
2023 $5,220 $466,140 $81,600 $384,540
2022 $5,067 $457,000 $80,000 $377,000
2021 $745 $56,680 $48,436 $8,244
2020 $735 $56,100 $47,940 $8,160
2019 $714 $55,000 $47,000 $8,000
2018 $807 $260,100 $62,424 $197,676
2017 $2,929 $255,000 $61,200 $193,800
2016 $2,525 $229,181 $53,050 $176,131
2015 $2,433 $225,740 $52,254 $173,486
2014 $2,506 $221,319 $51,231 $170,088
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kristin Minugh

    Coldwell Banker C&C Properties

  • Faith Barrett

    Buyer's Agent in 2021

    Faith Barrett

    Real Brokerage Technologies

    (530) 945-0113

    12 in this area

    409 Total Sales

    Faith Barrett
    Section Image

  • D

    Buyer Co-Listing Agent in 2021

    Dylan Barrett

    Real Brokerage Technologies

    (530) 945-0113

    4 in this area

    162 Total Sales

    Dylan Barrett
    Section Image

  • L

    Seller's Agent in 2018

    Luke Christensen

    Venture Properties

  • Kevin Burns

    Buyer's Agent in 2018

    Kevin Burns

    eXp Realty of California, Inc.

    (530) 356-1780

    1 in this area

    71 Total Sales

    Kevin Burns
    Section Image
  • Josh Barker

    Buyer Co-Listing Agent in 2018

    Josh Barker

    Josh Barker Real Estate

    (530) 222-3800

    4 in this area

    299 Total Sales

    Josh Barker
    Section Image
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Map

Source: Shasta Association of REALTORS®

MLS Number: 21-3912

Shasta Association of REALTORS®

APN: 115-350-066-000

California Shasta County Redding 96003 Quartz Hill

3509 Old Lantern Dr, Redding, CA

Not Listed for Sale

MultiFamily

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