NOT LISTED FOR SALE

4296 Clay St Redding, CA 96003

Northpoint Neighborhood
-- Bed
-- Bath
-- Sq Ft
1983 Built

Last Sold October 07, 2021

Last sale price $2,400,000

58 Days on Market

About This Home

As of October 2021

Now is your rare chance to own a ''turn-key'' 18 Unit Investment Property Located in one of Redding's few 'Opportunity Zones'. True Pride of Ownership has gone into a complete renovation of 16 of the 18 units, Fresh Paint, Carpet, Tile Floors, Remodeled Kitchen with Upgraded Cabinets & Appliances. Each Unit has a ''townhouse'' layout with 2 large bedrooms + 1.5 bathrooms, private fenced yard, assigned covered parking & onsite coin-op laundry room. The Exterior has NEW Roofs, Upgraded Siding, Professional Landscaping with Upgraded Drainage Lines, New Concrete Driveway, Custom Awnings & All New Exterior Paint. At over $182,000 in Gross Annual Income this is a Great Property for the investor looking for Positive Cash Flow with excellent Upside Potential.

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 06/21/2021

Last Buyer's Agent

Michael Staplecamp

Real Brokerage Technologies License #01225010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Parking

  • Off-Street Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 113-240-004-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: East on Lake Blvd turn right on Clay
  • Prop. Type: Residential Income
  • Year Built: 1983
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 113-240-004-000
  • Lot Dimensions: 39,159
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Water, Garbage, Management

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

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $2,400,000 -7.7% --
08/18/2021 08/18/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $2,599,000 -- --
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 $27,365 $2,543,661 $636,724 $1,906,937
2024 $26,870 $2,495,369 $624,240 $1,871,129
2023 $26,870 $2,447,654 $612,000 $1,835,654
2022 $26,144 $2,398,340 $600,000 $1,798,340
2021 $10,294 $922,374 $136,276 $786,098
2020 $10,255 $913,271 $134,879 $778,392
2019 $9,935 $894,533 $132,235 $762,298
2018 $9,944 $877,614 $129,643 $747,971
2017 $9,788 $860,996 $127,101 $733,895
2016 $9,345 $842,193 $124,609 $717,584
2015 $9,203 $829,611 $122,738 $706,873
2014 $9,270 $813,449 $120,334 $693,115
Source: Public Records

Agents Affiliated with this Home

  • Nick Kerley

    Seller's Agent in 2021

    Nick Kerley

    Realty 110, Inc.

    (530) 242-4114

    2 in this area

    288 Total Sales

    Nick Kerley
    Section Image
  • Michael Staplecamp

    Buyer's Agent in 2021

    Michael Staplecamp

    Real Brokerage Technologies

    (530) 949-9683

    1 in this area

    45 Total Sales

    Michael Staplecamp
    Section Image

  • M

    Buyer's Agent in 2021

    Mike Staplecamp

    Venture Properties

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 21-2901

Shasta Association of REALTORS®
California Shasta County Redding 96003 Northpoint

4296 Clay St, Redding, CA

Not Listed for Sale

MultiFamily

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