NOT LISTED FOR SALE

488 Tourmaline Way Redding, CA 96003

Lake Redding Neighborhood

Estimated Value: $366,000 - $418,000

2 Beds
2 Baths
1,240 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $350,000 $282 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,320/month

12 Days on Market

Highlights

  • Parking available for a boat
  • Deck
  • No HOA
  • Shasta High School Rated A
  • Traditional Architecture
  • Oversized Parking

About This Home

As of July 2023

Tucked at the end of a cul-de-sac this Lake Redding home is ready for new owners. This home has a brand new roof, central heat and air and a bright and open feel. Inside you'll find a gas range, ample storage, a pellet stove and multiple sliders to the backyard. The master bedroom features two closets and a large shower. With mature landscaping front and back, a covered patio, spacious garden shed, close access to miles of river trail and multiple parks there are plenty of recreation options. All of this with shopping, schools and restaurants minutes away.

Last Agent to Sell the Property

Josh Domke

Domke Real Estate Professionals, Inc. License #01898452 Listed on: 06/23/2023

Last Buyer's Agent

Josiah Mcelroy

Wahlund & Co. Realty Group License #02085200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,618

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Property is Fully Fenced
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Oversized Parking
  • Off-Street Parking
  • Parking available for a boat

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat

Community Details

  • No Home Owners Association
  • Lake Redding Subdivision

Listing and Financial Details

  • Assessor Parcel Number 112-400-024-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,618

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Bonds HOA: No
  • Directions: From Quartz Hill Rd, turn on Harlan, Right on Tourmaline.
  • Fireplace Free Standing: Pellet
  • Kitchen Fuel Source: Natural Gas
  • Misc Amenities Gutters: Full
  • Misc Amenities Landscape: Front / Back
  • Misc Amenities Laundry: In Garage
  • Misc Amenities Sprinkler: Automatic
  • Prop. Type: Residential
  • Year Built: 1986
  • Lot Size Acres: 0.28
  • Road Surface Type: Asphalt
  • Ownership: Seller
  • Subdivision Name: LAKE REDDING
  • Architectural Style: Traditional
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: 30+
  • Misc Amenities Fenced2: Full
  • Water:Public: Yes
  • Misc Amenities Deck2: Open
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplace:Living Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Open
  • Construction Type: Lap Siding
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Off Street, Oversized, Boat
  • ParkingOffStreet: Yes

Utilities

  • Electric: Public
  • 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 #: 112-400-024-000
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 25, 2023
Sold by
Schuler 1995 Family Trust
Bought by
Schaller David
Seller's Agent
Josh Domke
Domke Real Estate Professionals, Inc.
Buyer's Agent
Josiah Mcelroy
Wahlund & Co. Realty Group
List Price
$350,000
Sold Price
$350,000
Total Days on Market
12
Views
39
Current Estimated Value
$380,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,594
Avg. Annual Appreciation
3.17%
Original Mortgage
$297,500
Outstanding Balance
$291,159
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$83,513

Purchase Details

Closed on
Nov 1, 2001
Sold by
Carlson Marion L
Bought by
Schuler Natalie Ann and The Schuler 1995 Family Trust
Source: Public Records

Range of Values:

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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
Schaller David $350,000 First American Title
Schuler Natalie Ann $132,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaller David $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $350,000 0.0% $282 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $350,000 -- $282 / 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 $3,618 $357,000 $66,300 $290,700
2024 $3,707 $350,000 $65,000 $285,000
2023 $3,707 $350,000 $65,000 $285,000
2022 $1,923 $186,308 $55,672 $130,636
2021 $1,912 $182,656 $54,581 $128,075
2020 $1,936 $180,784 $54,022 $126,762
2019 $1,837 $177,240 $52,963 $124,277
2018 $1,852 $173,766 $51,925 $121,841
2017 $1,840 $170,359 $50,907 $119,452
2016 $1,780 $167,019 $49,909 $117,110
2015 $1,757 $164,511 $49,160 $115,351
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Josh Domke

    Domke Real Estate Professionals, Inc.

  • Josiah Mcelroy

    Buyer's Agent in 2023

    Josiah Mcelroy

    Wahlund & Co. Realty Group

    (530) 859-5093

    1 in this area

    180 Total Sales

    Josiah Mcelroy
    Section Image

  • T

    Buyer's Agent in 2023

    Taiyeb Raniwala

    RANIWALA, INC

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 23-2500

Shasta Association of REALTORS®

APN: 112-400-024-000

California Shasta County Redding 96003 Lake Redding

488 Tourmaline Way, Redding, CA

This home is located at 488 Tourmaline Way, Redding, CA 96003 since 23 June 2023 and is currently estimated at $380,594, approximately $306 per square foot. This property was built in 1986. 488 Tourmaline Way is a home located in Shasta County with nearby schools including Turtle Bay, Sequoia Middle School, and Shasta High School.

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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