NOT LISTED FOR SALE

51 Industrial Pkwy Weaverville, CA 96093

Estimated Value: $2,482,310

-- Bed
-- Bath
-- Sq Ft
3.13 Acres

Last Sold March 06, 2017

Last sale price $1,555,000

Est. 60% increase in value since last sale

Current estimated payment $14,731/month

145 Days on Market

About This Home

As of March 2017

100% leased investment property with two buildings in Weaverville, CA. Leased to Trinity County until 2025, the buildings were built in 1991 and consists of 14,430 SF. $78,000 has been invested in the property over the past two years, both buildings are well maintained! 6.75% cap rate ready go for any investor.

Last Agent to Sell the Property

Chris Haedrich

Haedrich & Co., Inc. Listed on: 08/22/2016

Last Buyer's Agent

NON MEMBER

Non Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,061

Year Built

  • Built in 1991

Lot Details

  • 3.13

Parking

  • Off-Street Parking

Home Design

  • Metal Roof
  • Stucco

Listing and Financial Details

  • Assessor Parcel Number 024-220-48-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,061

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Directions: At the corner of Industrial Parkway and Highway 299 in south Weaverville as you come into town.
  • Prop. Type: Investment
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Roof: Metal
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 024-220-48-00
  • Zoning Description: SC - C-O - Office Commercial Dist

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Mar 1, 2017
Sold by
Paladini Mary K
Bought by
Paladini John M
Seller's Agent
Chris Haedrich
Haedrich & Co., Inc.
Buyer's Agent
NON MEMBER
Non Member
List Price
$1,780,000
Sold Price
$1,555,000
Premium/Discount to List
-$225,000
-12.64%
Current Estimated Value
$2,482,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,310
Avg. Annual Appreciation
5.47%
Original Mortgage
$455,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Aug 22, 2016
Closed on
Feb 24, 2017
Sold by
Carroll Ila R
Bought by
Paladini Jon M
Seller's Agent
Chris Haedrich
Haedrich & Co., Inc.
Buyer's Agent
NON MEMBER
Non Member
List Price
$1,780,000
Sold Price
$1,555,000
Premium/Discount to List
-$225,000
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 26, 2002
Sold by
Carroll Samuel W
Bought by
Carroll Samuel W
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
Paladini John M -- Trinity County Title Company
Paladini Jon M $1,555,000 Trinity County Title Company
Carroll Samuel W -- --
Carroll Samuel W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paladini Jon M $600,000
Closed Paladini Jon M $455,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2017 03/06/17 Sold $1,555,000 -12.6% --
01/14/2017 01/14/17 Pending -- -- --
08/22/2016 08/22/16 For Sale $1,780,000 -- --
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 $18,061 $1,804,706 $464,232 $1,340,474
2024 $17,752 $1,769,321 $455,130 $1,314,191
2023 $17,752 $1,734,629 $446,206 $1,288,423
2022 $17,326 $1,700,617 $437,457 $1,263,160
2021 $17,028 $1,667,273 $428,880 $1,238,393
2020 $16,938 $1,650,178 $424,483 $1,225,695
2019 $16,607 $1,617,822 $416,160 $1,201,662
2018 $16,060 $1,586,100 $408,000 $1,178,100
2017 $12,203 $1,184,146 $238,444 $945,702
2016 $11,720 $1,160,928 $233,769 $927,159
2015 $11,538 $1,143,491 $230,258 $913,233
2014 $11,376 $1,121,093 $225,748 $895,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 16-4214

Shasta Association of REALTORS®

APN: 024-220-048-000