NOT LISTED FOR SALE

5881 Reno Ln Redding, CA 96001

Bonnyview Neighborhood

Estimated Value: $379,000 - $432,155

4 Beds
2.5 Baths
1,708 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $360,000 $211 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,448/month

44 Days on Market

Highlights

  • Parking available for a boat
  • 1.1 Acre Lot
  • Window Unit Cooling System
  • Shasta High School Rated A
  • No HOA
  • Wood Siding

About This Home

As of October 2023

RARE FIND!!! Seller Motivated! Main house is a well-maintained 4 bed/1.5 bath home on just over 1 acre and so much to offer! Studio guest unit with it's own kitchen and bathroom, in-ground pool, lots of privacy, and in Redding city limits! Close proximity to the new Costco, restaurants, shopping and downtown. Many options for the purchase of this home. It is currently operating as a successful airbnb but would also make a great multi-family property, or rent the guest unit while living in the main house!

Last Agent to Sell the Property

Richard Nance

eXp Realty of California, Inc. License #02014094 Listed on: 07/26/2023

eXp Realty of California, Inc.

Last Buyer's Agent

Lisa Schnetzer

TREG INC - The Real Estate Group License #02113427

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 1.1 Acre Lot

Home Design

  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,708 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Off-Street Parking
  • Parking available for a boat
  • RV Access or Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • 220 Volts
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 048-340-024-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Bonds HOA: None
  • Directions: S. Bonnyview to north on Reno Lane. House is on the right side
  • Prop. Type: Residential
  • Year Built: 1953
  • Lot Size Acres: 1.1
  • Road Surface Type: Gravel
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Year Built Details: 30+
  • Water:Public: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • View: None
  • Construction Type: Stucco, Wood Siding
  • Foundation Details: Raised
  • Exterior Features:Pool-In Ground: Yes

Garage/Parking

  • Parking Features: Off Street, RV Access/Parking, Converted Garage, Boat
  • ParkingOffStreet: Yes
  • RV Parking: Yes

Utilities

  • Electric: Public, 220 Volts
  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Heating: Furnace Wall
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 048-340-024-000
  • Lot Size Sq Ft: 47916.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2023
Closed on
Oct 17, 2023
Sold by
Marin-Martinez Antonio and Marin-Martinez Allison
Bought by
Ward Justin W and Ward Rodger Laura
Seller's Agent
Richard Nance
eXp Realty of California, Inc.
Buyer's Agent
Lisa Schnetzer
TREG INC - The Real Estate Group
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Views
88
Current Estimated Value
$408,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,878
Avg. Annual Appreciation
5.54%
Original Mortgage
$353,479
Outstanding Balance
$346,528
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$59,261

Purchase Details

Listed on
Feb 4, 2017
Closed on
Jun 14, 2017
Sold by
Guardado Crystal
Bought by
Marin Martinez Antonio and Marin Allison
Seller's Agent
Scott Exley
Wilson Realty Inc.
Buyer's Agent
RICHARD NANCE JR
Venture Properties
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%
Original Mortgage
$195,395
Interest Rate
4.02%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 19, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Guardado Crystal

Purchase Details

Closed on
Nov 6, 2009
Sold by
Gray Lillian
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 23, 2005
Sold by
Gray Lillian and Borders Gloria Marie
Bought by
Gray Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 15, 2005
Sold by
Gray Lillian
Bought by
Gray Lillian and Borders Gloria Marie

Purchase Details

Closed on
Nov 8, 1999
Sold by
Kern Vickie D
Bought by
Gray Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.82%
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
Ward Justin W $360,000 Chicago Title Company
Marin Martinez Antonio $199,000 Fidelity Natl Title Co Of Ca
Guardado Crystal $98,000 Lsi Title Agency
Deutsche Bank National Trust Company $117,476 Accommodation
Gray Lillian -- Fidelity National Title Co
Gray Lillian -- Placer Title Company
Gray Lillian $80,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Justin W $353,479
Previous Owner Marin Martinez Antonio $195,395
Previous Owner Gray Lillian $215,000
Previous Owner Gray Lillian $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2023 10/23/23 Sold $360,000 -1.3% $211 / Sq Ft
09/07/2023 09/07/23 Pending -- -- --
08/14/2023 08/14/23 Price Changed $364,900 -2.7% $214 / Sq Ft
07/25/2023 07/25/23 For Sale $375,000 +88.4% $220 / Sq Ft
06/21/2017 06/21/17 Sold $199,000 0.0% $117 / Sq Ft View Prior Sale
02/27/2017 02/27/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $199,000 -- $117 / 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 $3,722 $383,600 $85,850 $297,750
2024 $2,449 $360,000 $85,000 $275,000
2023 $2,449 $227,483 $89,239 $138,244
2022 $2,326 $217,632 $87,490 $130,142
2021 $2,355 $217,216 $85,775 $131,441
2020 $2,345 $211,179 $84,896 $126,283
2019 $2,226 $207,039 $83,232 $123,807
2018 $2,246 $202,980 $81,600 $121,380
2017 $1,162 $108,989 $55,606 $53,383
2016 $1,123 $106,853 $54,516 $52,337
2015 $1,108 $105,249 $53,698 $51,551
2014 $1,099 $103,189 $52,647 $50,542
Source: Public Records

Agents Affiliated with this Home

  • Richard Nance

    Seller's Agent in 2023

    Richard Nance

    eXp Realty of California, Inc.

    (530) 410-1020

    4 in this area

    141 Total Sales

    Richard Nance
    Section Image

  • L

    Buyer's Agent in 2023

    Lisa Schnetzer

    TREG INC - The Real Estate Group

    (530) 276-5542

    1 in this area

    58 Total Sales

    Lisa Schnetzer
    Section Image

  • S

    Seller's Agent in 2017

    Scott Exley

    Wilson Realty Inc.

    (530) 722-0414

    39 Total Sales

    Scott Exley
    Section Image

  • R

    Buyer's Agent in 2017

    RICHARD NANCE JR

    Venture Properties

  • J

    Buyer Co-Listing Agent in 2017

    JUSTIN JONES

    Venture Properties

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 23-2978

Shasta Association of REALTORS®

APN: 048-340-024-000

California Shasta County Redding 96001 Bonnyview

5881 Reno Ln, Redding, CA

Not Listed for Sale

MultiFamily

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