NOT LISTED FOR SALE

482 E Cypress Ave Redding, CA 96002

Redding Area
Studio
-- Bath
-- Sq Ft
0.48 Acre Lot

Sale Details

Date Sold: December 6, 2021

Last sale price $2,042,000

288 Days on Market

About This Home

As of December 2021

Redding's premier commercial hard corner at E Cypress Avenue and Bechelli Lane, just west of the Interstate 5 on/off ramps. Property includes 3 parcels with JAS Gas Station and Auto Service (8 pumps), separate storefront retail building, warehouse space and additional residential property with two separate duplexes. Recently completed Phase 1 and Phase 2 ESA reports found properties completely clean. All properties are connected with ingress/egress off Cypress Ave, Bechelli Ln and Grove Street. Zoned general commercial with unlimited possibilities, there are currently multiple buildings with multiple tenants providing exceptional income producing opportunities.

Last Agent to Sell the Property

Chris Haedrich

Haedrich & Co., Inc. Listed on: 04/28/2021

Last Buyer's Agent

Chris Haedrich

Capital Rivers Commercial License #01484672

Capital Rivers Commercial

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.48

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 107-370-017, 018, 014

Property Details

Home Type

Multi-Family

Lot Details

0.48 Acres

Listing Details

  • Directions: At the corner of E Cypress Avenue and Bechelli Lane, immediately west of the I-5 and the Cypress Avenue exit (the primary exit off I-5 for the City of Redding).
  • Prop. Type: Investment
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes
  • GarageParking:Common: Yes

Lot Info

  • Parcel #: 107-370-017, 018, 014
  • Zoning Description: RED - C-2 - Central Commericial District

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
Apr 28, 2021
Closed on
Oct 27, 2021
Sold by
Bought by
Seller's Agent
Chris Haedrich
Haedrich & Co., Inc.
Buyer's Agent
Chris Haedrich
Capital Rivers Commercial
List Price
$2,500,000
Sold Price
$2,042,000
Premium/Discount to List
-$458,000
-18.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,025,000
Interest Rate
0.0309%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
0.0358%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
0.0782%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
0.0782%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
0.0782%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
0.0782%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 1997
Sold by
Bought by
Source: Public Records
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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
$2,042,000 Fidelity Natl Ttl Co Of Ca
-- Fidelity Natl Title Co Of Ca
-- Placer Title Company
$470,000 Placer Title Company
-- Redding Title Company
$420,000 Redding Title Company
-- Redding Title Company
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 $1,025,000
Previous Owner $482,000
Previous Owner $40,000
Previous Owner $30,750
Previous Owner $580,000
Previous Owner $120,000
Previous Owner $120,000
Previous Owner $370,000
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
12/06/2021 12/06/21 Sold $2,042,000 -18.3% --
06/09/2021 06/09/21 Pending -- -- --
08/25/2020 08/25/20 For Sale $2,500,000 -- --
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 $13,386 $1,233,581 $721,621 $511,960
2024 $13,188 $1,211,562 $707,472 $504,090
2023 $13,188 $1,186,295 $693,600 $492,695
2022 $12,647 $583,162 $372,211 $210,951
2021 $5,775 $525,356 $364,913 $160,443
2020 $5,751 $519,970 $361,172 $158,798
2019 $5,706 $509,776 $354,091 $155,685
2018 $5,642 $499,782 $347,149 $152,633
2017 $5,742 $489,984 $340,343 $149,641
2016 $5,375 $480,377 $333,670 $146,707
2015 $5,332 $473,162 $328,658 $144,504
2014 $5,296 $463,895 $322,221 $141,674
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Haedrich

    Haedrich & Co., Inc.

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 20-4170

Shasta Association of REALTORS®

APN: 107-370-017-000

California Shasta County Redding 96002

482 E Cypress Ave, Redding, CA

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.

Shasta Association of REALTORS® 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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