NOT LISTED FOR SALE

Estimated Value: $625,000 - $821,184

7.71 Acres
$90,927 Price per Acre
335,848 Sq Ft Lot

Last Sold July 24, 2020

Last sale price $105,000 $43 Per Sq Ft

Est. 568% increase in value since last sale

Current estimated payment $4,261/month

314 Days on Market

Highlights

  • Panoramic View
  • Partially Fenced Property
  • Level Lot
  • 7.71 Acre Lot

About This Lot

As of July 2020

Gorgeous ,7 acre view lot located at the end of a quiet cul-de-sac in Land Park Subdivision. Previous home was 2429 square feet, all City utilities underground. Lower portion of the lot zoned 'open space' per City of Redding.

Last Agent to Sell the Property

Tanya Mewhirter

House of Realty License #01905207 Listed on: 08/16/2019

Last Buyer's Agent

Tanya Mewhirter

House of Realty License #01905207 Listed on: 08/16/2019

Property Details

Property Type

  • Land

Lot Details

  • 7.71 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Zoning described as RED - R-1 - Single Family Residential District

Property Views

  • Panoramic
  • Mountain
  • Park or Greenbelt

Community Details

  • Land Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115-450-026-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: Land Park Subdivision. Ferrington located off of Coggins.
  • Prop. Type: Lots/Land
  • Lot Size Acres: 7.71
  • Road Frontage Type: City
  • Road Surface Type: Asphalt
  • Ownership: Trust
  • Subdivision Name: LAND PARK
  • ViewMountain: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Open, Greenbelt, Mountain(s), Panoramic
  • Topography: Steep, Level, Gentle
  • Fencing: Partial

Utilities

  • Heating:Gas-Natural2: Yes
  • Water Meter: Yes

Lot Info

  • Parcel #: 115-450-026-000
  • Current Use: None
  • Lot Dimensions: 335,848
  • Lot Size Sq Ft: 335847.6
  • ResoLotSizeUnits: Acres
  • Zoning Description: RED - R-1 - Single Family Residential District
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2019
Closed on
Jul 15, 2020
Sold by
Miller Anthony D and Miller Toni C
Bought by
Mccloskey Thomas F and Mccloskey Jennifer
Seller's Agent
Tanya Mewhirter
House of Realty
Buyer's Agent
Tanya Mewhirter
House of Realty
List Price
$130,000
Sold Price
$105,000
Premium/Discount to List
-$25,000
-19.23%
Current Estimated Value
$701,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,046
Avg. Annual Appreciation
41.95%
Original Mortgage
$105,000
Outstanding Balance
$93,280
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$607,766

Purchase Details

Closed on
Dec 14, 2004
Sold by
Insignia Builders Inc
Bought by
Miller Anthony D and Miller Toni C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
Sold by
Mountain Properties Inc
Bought by
Insignia Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Mccloskey Thomas F $105,000 Placer Title Company
Miller Anthony D $489,000 Placer Title Company
Insignia Builders Inc $125,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccloskey Thomas F $105,000
Previous Owner Miller Anthony D $289,000
Previous Owner Insignia Builders Inc $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2020 07/24/20 Sold $105,000 -19.2% $43 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
08/16/2019 08/16/19 For Sale $130,000 -- $54 / 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 $6,926 $640,699 $100,984 $539,715
2024 $6,798 $628,137 $99,004 $529,133
2023 $6,798 $615,821 $97,063 $518,758
2022 $6,271 $571,394 $95,160 $476,234
2021 $1,229 $105,000 $93,295 $11,705
2020 $1,408 $119,000 $119,000 $0
2019 $1,112 $100,000 $100,000 $0
2018 $1,407 $495,000 $125,000 $370,000
2017 $5,447 $490,000 $125,000 $365,000
2016 $5,206 $480,000 $125,000 $355,000
2015 $5,149 $475,000 $125,000 $350,000
2014 $5,012 $450,000 $125,000 $325,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 19-4460

Shasta Association of REALTORS®

APN: 115-450-026-000