NOT LISTED FOR SALE

502 Madison St Red Bluff, CA 96080

Estimated Value: $313,000 - $357,000

6 Beds
4 Baths
-- Sq Ft
5,750 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $290,000

Est. 15% increase in value since last sale

Current estimated payment $2,036/month

17 Days on Market

About This Home

As of September 2023

Welcome to your new investment dream, where charm and functionality seamlessly come together. This multi-unit property, boasting two independent living spaces, offers the perfect combination of comfort and potential income generation. Situated in the heart of historic downtown Red Bluff, this home is an exceptional find for both savvy investors and owner-occupiers looking to maximize their returns. Unit A in the front is a 2 bedroom 1 bathroom featuring central HVAC and indoor laundry. The second 1 bedroom 1 bathroom unit provides an excellent opportunity for supplementary income or a comfortable living space for extended family. Both units have ample parking and access to a fenced yard perfect for outdoor relaxation and entertaining.

Last Agent to Sell the Property

Stephanie Dodero

RE/MAX Top Properties License #01418729 Listed on: 08/01/2023

Last Buyer's Agent

NON MEMBER

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,720

Year Built

  • Built in 1921

Lot Details

  • 5,750

Parking

  • Off-Street Parking

Home Design

  • Stucco

Utilities

  • Window Unit Cooling System
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 033-031-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,720

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Directions: Oak Street to corner of Madison and Elm
  • Prop. Type: Residential Income
  • Year Built: 1921
  • Heating Gas: Natural
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Off Street, On Street
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 033-031-006-000
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 30, 2023
Sold by
Harris Lesa and Harris James
Bought by
Turner Jeannette M
Seller's Agent
Stephanie Dodero
RE/MAX Top Properties
Buyer's Agent
NON MEMBER
Non Member
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Views
27
Current Estimated Value
$334,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,693
Avg. Annual Appreciation
4.46%
Original Mortgage
$100,000
Outstanding Balance
$98,001
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$218,736

Purchase Details

Closed on
May 26, 2017
Sold by
Winklepleck Victor G and Winklepleck Susan J
Bought by
Harris Lesa and Harris James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.97%
Mortgage Type
New Conventional
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
Turner Jeannette M $290,000 Placer Title Company
Harris Lesa $140,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Jeannette M $100,000
Previous Owner Harris Lesa $105,000
Previous Owner Winklepleck Victor G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $290,000 -3.0% --
08/17/2023 08/17/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $299,000 -- --
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 $2,720 $275,037 $56,894 $218,143
2024 $2,720 $269,645 $55,779 $213,866
2023 $1,625 $156,168 $33,464 $122,704
2022 $1,614 $153,107 $32,808 $120,299
2021 $1,549 $150,106 $32,165 $117,941
2020 $1,581 $148,568 $31,836 $116,732
2019 $1,591 $145,656 $31,212 $114,444
2018 $1,471 $142,800 $30,600 $112,200
2017 $767 $72,036 $25,722 $46,314
2016 $716 $70,624 $25,218 $45,406
2015 -- $69,564 $24,840 $44,724
2014 $695 $68,202 $24,354 $43,848
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Dodero

    Seller's Agent in 2023

    Stephanie Dodero

    RE/MAX

    (530) 736-6420

    60 Total Sales

    Stephanie Dodero
    Section Image

  • N

    Buyer's Agent in 2023

    NON MEMBER

    Non Member

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 23-3072

Shasta Association of REALTORS®

APN: 033-031-006-000

California Tehama County Red Bluff 96080

502 Madison St, Red Bluff, CA

This home is located at 502 Madison St, Red Bluff, CA 96080 since 01 August 2023 and is currently estimated at $334,693. This property was built in 1921. 502 Madison St is a home located in Tehama County with nearby schools including Jackson Heights Elementary School, Vista Preparatory Academy, and Red Bluff 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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