NOT LISTED FOR SALE

Estimated Value: $1,322,408

Studio
-- Bath
16,922 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $1,250,000 $74 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,025/month

607 Days on Market

About This Home

As of September 2021

Point West is Redding's premier opportunity for your business or to add to your portfolio. This newly constructed 3-story modern office building has both stair and elevator access and boasts terrific views of the Sacramento River. Conveniently located to I-5 and the new Costco and Win River developments. Great exposure. Total building square footage is 16,922, while the net usable is 11,564 SF Currently in shell condition and ready for your ideal floor plan design.

Last Agent to Sell the Property

Jessica Whitlow

Haedrich & Co., Inc. Listed on: 02/01/2021

Last Buyer's Agent

Jessica Whitlow

Haedrich & Co., Inc. Listed on: 02/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 1.31 Acre Lot

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 070-320-001-000

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

1.31 Acres

Listing Details

  • Directions: I-5 Exit at Bonnyview heading West turn left on Bechelli Ln. and right into the first parking lot, continue passed Eagle Court Business Park.
  • Prop. Type: Investment
  • Year Built: 2019
  • Lot Size Acres: 1.31
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 070-320-001-000
  • Lot Size Sq Ft: 57064.0
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: RED - C-O - Office District
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Riparian Properties Llc
Bought by
Breeze Capital Group Llc
Current Estimated Value
$1,322,408

Purchase Details

Listed on
Feb 1, 2021
Closed on
Aug 27, 2021
Sold by
Lundquist Christopher
Bought by
Riparian Properties Llc
Seller's Agent
Jessica Whitlow
Haedrich & Co., Inc.
Buyer's Agent
Jessica Whitlow
Haedrich & Co., Inc.
List Price
$1,699,900
Sold Price
$1,250,000
Premium/Discount to List
-$449,900
-26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 2018
Sold by
Loanvest Xii Lp
Bought by
Lundquist Chris

Purchase Details

Closed on
Feb 22, 2011
Sold by
Point West Properties Llc
Bought by
Loanvest Xii L P

Purchase Details

Closed on
Oct 29, 2004
Sold by
Harris Steven E
Bought by
Point West Properties Llc

Purchase Details

Closed on
Feb 7, 2003
Sold by
Baker W Jaxon and Baker Kate
Bought by
Harris Steven E

Purchase Details

Closed on
Jun 29, 2001
Sold by
Baker W Jaxon
Bought by
Baker W Jaxon and Baker Kate

Purchase Details

Closed on
Feb 27, 2001
Sold by
Eagle Investment Co
Bought by
Baker W Jaxon and Harris Steven E
Source: Public Records
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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
Breeze Capital Group Llc -- Orange Coast Title
Riparian Properties Llc $1,250,000 Fidelity Natl Ttl Co Of Ca
Lundquist Christopher -- Fidelity Natl Ttl Co Of Ca
Lundquist Chris $1,000,000 None Available
Loanvest Xii L P $100,000 Old Republic Title Company
Point West Properties Llc $295,000 First American Title Co
Harris Steven E -- First American Title Co
Baker W Jaxon -- --
Baker W Jaxon -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riparian Properties Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2021 09/01/21 Sold $1,250,000 -26.5% $74 / Sq Ft
02/01/2021 02/01/21 Pending -- -- --
06/05/2019 06/05/19 For Sale $1,699,900 -- $100 / Sq Ft
Source: Shasta Association of REALTORS®

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 $14,545 $2,750,000 $1,000,000 $1,750,000
2024 $14,338 $1,300,500 $572,220 $728,280
2023 $14,338 $1,275,000 $561,000 $714,000
2022 $13,932 $1,250,000 $550,000 $700,000
2021 $14,270 $1,301,178 $367,912 $933,266
2020 $14,234 $1,290,400 $364,140 $926,260
2019 $14,172 $1,270,000 $357,000 $913,000
2018 $8,248 $723,388 $450,392 $272,996
2017 $8,419 $711,950 $441,561 $270,389
2016 $13,558 $701,128 $432,903 $268,225
2015 $7,876 $693,001 $426,401 $266,600
2014 -- $622,561 $418,049 $204,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 19-3050

Shasta Association of REALTORS®

APN: 070-320-001-000

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