Seller's Agent in 2021
Nick Kerley
Realty 110, Inc.
(530) 242-4114
2 in this area
249 Total Sales
4296 Clay St Redding, CA 96003
Northpoint Neighborhood
--
Bed
--
Bath
--
Sq Ft
1983
Built
About This Home
As of October 2021Now 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
Realty 110, Inc. License #01332465 Listed on: 06/21/2021
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 21, 2021
Closed on
Oct 4, 2021
Sold by
Bought by
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Michael Staplecamp
Real Brokerage Technologies
List Price
$2,599,000
Sold Price
$2,400,000
Premium/Discount to List
-$199,000
-7.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Interest Rate
0.028%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,400,000 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $300,000 | ||
| Open | $1,680,000 | ||
| Previous Owner | $170,000 | ||
| Previous Owner | $150,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $28,801 | $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
-
Michael Staplecamp
Buyer's Agent in 2021
Michael Staplecamp
Real Brokerage Technologies
(530) 949-9683
1 in this area
47 Total Sales
-
M
Buyer's Agent in 2021
Mike Staplecamp
Venture Properties
Map
Source: Shasta Association of REALTORS®
MLS Number: 21-2901
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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