NOT LISTED FOR SALE

5516 Lexi Ln Redding, CA 96001

Bonnyview Neighborhood

Estimated Value: $495,000 - $502,634

3 Beds
2 Baths
1,890 Sq Ft
$264/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $487,000 $258 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,937/month

9 Days on Market

Highlights

  • Parking available for a boat
  • Gated Community
  • Vaulted Ceiling
  • Shasta High School Rated A
  • Craftsman Architecture
  • Park or Greenbelt View

About This Home

As of March 2024

Stunning home feels like brand new construction. Meticulously clean, move-in ready condition. Extra large Great Room/Kitchen open floor plan w/ large light granite island, perfect for entertaining. Contemporary finishes throughout. Engineered wood flooring in all traffic areas, including entry, Great Room, Kitchen & one bedroom. Kitchen is quite large & bright. Fridge stays! Extra large Primary Suite Bath with huge walk-in closet. Slider from Primary Suite to back patio. Large double sink Full Guest Bathroom. Large indoor laundry room, including washer & dryer. Way oversized 2 car garage w/tons of storage. Low maintenance front & back landscaping w/huge clean slate flat piece on the north side, ready for a nice size inground pool/gazeebo. Gated movie set vibe community w/private park.

Last Agent to Sell the Property

Ron White

TREG INC - The Real Estate Group License #01438194 Listed on: 02/01/2024

Last Buyer's Agent

Christopher Michael

Christopher Michael License #01733394

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

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

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Lap Siding
  • Composite Building Materials

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room with Fireplace
  • Park or Greenbelt Views
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Double Vanity

Parking

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

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 048-360-035-000

Community Details

Overview

  • Property has a Home Owners Association
  • Pioneer Park Subdivision

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Bonds HOA: Yes
  • Directions: I-5 to S. Bonnyview exit go west to E. Bonnyview take a right to Pioneer, take a right ... gated community will be a little ways down on the left.
  • Kitchen Fuel Source: Natural Gas
  • Kitchen Microwave: Exhaust Over Stove
  • Misc Amenities Gutters: Full
  • Misc Amenities Landscape: Front / Back
  • Misc Amenities Laundry: Washer & Dryer Included
  • Misc Amenities Sprinkler: Automatic
  • Prop. Type: Residential
  • Year Built: 2016
  • Lot Size Acres: 0.25
  • Road Surface Type: Asphalt
  • Ownership: Seller
  • Subdivision Name: PIONEER PARK
  • Architectural Style: Craftsman, Contemporary
  • Reso Interior Features: Pantry, Breakfast Bar, Vaulted Ceiling(s), High Speed Internet, Kitchen Island, High Ceilings, Double Vanity
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: 06-10 Years
  • Misc Amenities Fenced2: Full
  • Water:Public: Yes
  • ViewPark: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Granite Slab
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace:Living Room2: Yes
  • Kitchen Features:Kitchen Island: Yes

Exterior Features

  • Roof: Composition
  • View: Park/Greenbelt
  • Construction Type: Comp Plank, Lap Siding
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Electric: Public, 220 Volts
  • Sewer: Sewer, Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 135.0
  • Association: Yes

Lot Info

  • Parcel #: 048-360-035-000
  • Lot Dimensions: 10,890 Sq. Ft.
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 7, 2024
Sold by
Cooley Regina Francoise
Bought by
Martin Mitchell L
Seller's Agent
Ron White
TREG INC - The Real Estate Group
Buyer's Agent
Christopher Michael
Christopher Michael
List Price
$499,000
Sold Price
$487,000
Premium/Discount to List
-$12,000
-2.4%
Views
74
Current Estimated Value
$498,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,159
Avg. Annual Appreciation
1.24%
Original Mortgage
$412,000
Outstanding Balance
$404,027
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$94,132

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 6, 2024
Sold by
Martin Alyssa
Bought by
Martin Mitchell L
Seller's Agent
Ron White
TREG INC - The Real Estate Group
Buyer's Agent
Christopher Michael
Christopher Michael
List Price
$499,000
Sold Price
$487,000
Premium/Discount to List
-$12,000
-2.4%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$404,027
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$94,132

Purchase Details

Closed on
Sep 20, 2023
Sold by
Cooley-Hermanek Regina F
Bought by
Cooley Regina Francoise

Purchase Details

Listed on
Sep 23, 2016
Closed on
Oct 6, 2016
Sold by
K2 Development Co
Bought by
Hermanek Robert W and Cooley Hermanek Regina F
Seller's Agent
Cory Meyer
eXp Realty of Northern California, Inc.
Buyer's Agent
Ron White
TREG INC - The Real Estate Group
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Apr 23, 2014
Sold by
Memory Park Development Inc
Bought by
K2 Development Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Martin Mitchell L $487,000 First American Title
Martin Mitchell L -- First American Title
Cooley Regina Francoise -- None Listed On Document
Hermanek Robert W $335,000 First American Title Company
K2 Development Co Llc $495,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Mitchell L $412,000
Previous Owner K2 Development Co Llc $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $487,000 -2.4% $258 / Sq Ft
02/11/2024 02/11/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $499,000 +49.0% $264 / Sq Ft
10/07/2016 10/07/16 Sold $335,000 0.0% $177 / Sq Ft View Prior Sale
09/26/2016 09/26/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $335,000 -- $177 / 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 $4,016 $496,740 $71,400 $425,340
2024 $3,955 $381,169 $79,646 $301,523
2023 $3,955 $373,696 $78,085 $295,611
2022 $3,889 $366,369 $76,554 $289,815
2021 $3,871 $359,186 $75,053 $284,133
2020 $3,923 $355,504 $74,284 $281,220
2019 $3,723 $348,534 $72,828 $275,706
2018 $3,758 $341,700 $71,400 $270,300
2017 $3,723 $335,000 $70,000 $265,000
2016 $640 $56,953 $56,953 $0
2015 $616 $56,098 $56,098 $0
2014 -- $50,000 $50,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron White

    Seller's Agent in 2024

    Ron White

    TREG INC - The Real Estate Group

    (530) 949-0872

    2 in this area

    40 Total Sales

    Ron White
    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Michael

    Christopher Michael

    (916) 626-9080

    1 in this area

    11 Total Sales

    Christopher Michael
    Section Image
  • Cory Meyer

    Seller's Agent in 2016

    Cory Meyer

    eXp Realty of Northern California, Inc.

    (530) 410-6011

    4 in this area

    587 Total Sales

    Cory Meyer
    Section Image

  • S

    Seller Co-Listing Agent in 2016

    Sandy Duggan

    Aspire Real Estate

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 24-470

Shasta Association of REALTORS®

APN: 048-360-035-000

California Shasta County Redding 96001 Bonnyview

5516 Lexi Ln, Redding, CA

Not Listed for Sale

MultiFamily

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