NOT LISTED FOR SALE

4950 Mountain Lakes Blvd Redding, CA 96003

Mountain Lakes Neighborhood
Studio
-- Baths
46,500 Sq Ft
1.66 Acre Lot

Sale Details

Date Sold: October 23, 2015

Last sale price $2,450,000 $53 Per Sq Ft

312 Days on Market

About This Home

As of October 2015

This facility is in excellent condition and has undergone numerous upgrades in recent years. One of the few concrete tilt-up industrial buildings in the market. Tenant line-up includes Fortune 500 companies and a State of California government agency. Unique improvements serve these tenants in ways that cannot be duplicated by other properties.

Last Agent to Sell the Property

KEN MILLER

Coldwell Banker Commercial C&C Properties Listed on: 10/23/2015

Last Buyer's Agent

Josh Barker

Josh Barker Real Estate License #01277485

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Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.66

Home Design

  • Metal Roof
  • Concrete Siding

Listing and Financial Details

  • Assessor Parcel Number 114-330-029, 030

Property Details

Home Type

Multi-Family

Lot Details

1.66 Acres

Listing Details

  • Directions: I-5 to Twin View Blvd, left under freeway, right on Caterpillar, right on George Drive, George Drive turns into Mountain Lakes Blvd, property will be on your right just past Charles Drive.
  • Prop. Type: Investment
  • Utilities Sewer: Yes
  • Utilities Telephone: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Metal
  • Construction Type: Concrete

Garage/Parking

  • GarageParking:Common: Yes

Lot Info

  • Parcel #: 114-330-029, 030
  • Zoning Description: RED - M-2 - Industrial 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
Oct 23, 2015
Closed on
Oct 21, 2015
Sold by
Shlla Enterprises Llc
Bought by
Seller's Agent
KEN MILLER
Coldwell Banker Commercial C&C Properties
Buyer's Agent
Josh Barker
Josh Barker Real Estate
List Price
$2,675,000
Sold Price
$2,450,000
Premium/Discount to List
-$225,000
-8.41%

Purchase Details

Closed on
Dec 22, 2009
Sold by
Morrow Webb B
Bought by
Shila Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2002
Sold by
Ring Lorraine
Bought by
Morrow Webb B and The Webb B Morrow Jr Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,250
Interest Rate
5.89%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Mountain Lakes, CA

  • Patrick Pinnow Real Estate Agent - TREG INC - The Real Estate Group

    Patrick Pinnow

    TREG INC - The Real Estate Group

    (530) 451-0930

    46 Total Sales

    2 in Mountain Lakes

    $117K - $345K Price Range

    Patrick Pinnow
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  • Ben Sprague Real Estate Agent - eXp Realty of California Inc

    Ben Sprague

    eXp Realty of California Inc

    (530) 240-7728

    170 Total Sales

    2 in Mountain Lakes

    $135K - $325K Price Range

    Ben Sprague
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  • Justin Cartwright Real Estate Agent - Waterman Real Estate

    Justin Cartwright

    Waterman Real Estate

    (530) 319-5938

    148 Total Sales

    1 in Mountain Lakes

    $720,000 Price

    Justin Cartwright
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  • Josh Domke Real Estate Agent - Northstate Real Estate Professionals

    Josh Domke

    Northstate Real Estate Professionals

    (530) 732-1472

    37 Total Sales

    1 in Mountain Lakes

    $142,400 Price

    Josh Domke
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  • April Smith Real Estate Agent - North State Realtors, INC.

    April Smith

    Responds Quickly

    North State Realtors, INC.

    (530) 999-4547

    52 Total Sales

    1 in Mountain Lakes

    $265,000 Price

    April Smith
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  • Albert Naticchioni Real Estate Agent - RE/MAX of Redding

    Albert Naticchioni

    RE/MAX of Redding

    (530) 444-1558

    193 Total Sales

    4 in Mountain Lakes

    $209K - $1.5M Price Range

    Albert Naticchioni
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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
$2,450,000 Placer Title Company
Shila Enterprises Llc -- Placer Title Company
Morrow Webb B $695,000 Chicago Title Co
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 $1,200,000
Previous Owner Shila Enterprises Llc $1,400,000
Previous Owner Shila Enterprises Llc $1,400,000
Previous Owner Morrow Webb B $521,250
Previous Owner Ring Lorraine $600,000
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
10/23/2015 10/23/15 Sold $2,450,000 -8.4% $53 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $2,675,000 -- $58 / Sq Ft
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
2026 $23,761 $2,122,416 $530,604 $1,591,812
2025 $22,574 $2,080,800 $520,200 $1,560,600
2024 $17,739 $2,040,000 $510,000 $1,530,000
2023 $17,739 $1,592,956 $256,009 $1,336,947
2022 $17,275 $1,561,723 $250,990 $1,310,733
2021 $17,049 $1,531,102 $246,069 $1,285,033
2020 $16,981 $1,515,403 $243,546 $1,271,857
2019 $16,467 $1,485,690 $238,771 $1,246,919
2018 $16,474 $1,456,560 $234,090 $1,222,470
2017 $16,208 $1,428,000 $229,500 $1,198,500
2016 $15,512 $1,400,000 $225,000 $1,175,000
2015 $11,999 $1,075,000 $175,000 $900,000
2014 $12,319 $1,075,000 $175,000 $900,000
Source: Public Records

Agents Affiliated with this Home

  • KM

    Seller's Agent in 2015

    KEN MILLER

    Coldwell Banker Commercial C&C Properties

  • Josh Barker Real Estate Agent - Josh Barker Real Estate

    Buyer's Agent in 2015

    Josh Barker

    Josh Barker Real Estate

    (530) 222-3800

    4 in this area

    388 Total Sales

    Josh Barker
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Map

Source: Shasta Association of REALTORS®

MLS Number: 14-5551

Shasta Association of REALTORS®

APN: 114-330-030-000

California Shasta County Redding 96003 Mountain Lakes

4950 Mountain Lakes Blvd, 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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