NOT LISTED FOR SALE

591 Azalea Ave Redding, CA 96002

Estimated Value: $255,000 - $309,000

2 Beds
2 Baths
1,728 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $235,000 $136 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,686/month

About This Home

As of October 2022

Opportunity abounds for this property. Centrally located Redding duplex with attached garages. Each unit has indoor laundry, 2 bedrooms, 1 bathroom, large living room and private, fenced backyard. Great investment opportunity or live in one and rent the other. Walking distance to entertainment, transportation, shopping & the Sacramento River Trail. DONT MISS THIS ONE!

Last Agent to Sell the Property

Brandy Wilson

Marketplace Real Estate License #02064592 Listed on: 08/01/2022

Last Buyer's Agent

NON MEMBER

Big Valley Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Home Design

  • Stucco

Utilities

  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 107-020-020-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Directions: Hilltop Drive to West on Azalea Avenue to end of street. Duplex on corner of Azalea & Monardas/Iris Drive.
  • Prop. Type: Residential Income
  • Year Built: 1961
  • Financial Info Cap Rate: 6.5
  • Heating Gas: Natural
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: On Street
  • Parking:On Street: Yes

Utilities

  • Cooling: Central
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes

Lot Info

  • Parcel #: 107-020-020-000
  • Lot Dimensions: 6,098
  • Zoning Description: Commercial

Multi Family

  • Number Of Units Total: 2
  • Tenant Pays: Cable

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Sep 27, 2022
Sold by
Nichols Steven M and Li Hua
Bought by
Gonzalez Luis M and Gonzalez Maria
Seller's Agent
Brandy Wilson
Marketplace Real Estate
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$260,000
Sold Price
$235,000
Premium/Discount to List
-$25,000
-9.62%
Current Estimated Value
$280,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,011
Avg. Annual Appreciation
5.49%
Original Mortgage
$176,250
Outstanding Balance
$168,463
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$111,548

Purchase Details

Closed on
Jul 16, 2014
Sold by
Ohe Bernard D
Bought by
Nichols Steven M and Yeh Li Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back
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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Purchase History

Date Buyer Sale Price Title Company
Gonzalez Luis M $235,000 Placer Title
Nichols Steven M $180,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Luis M $176,250
Previous Owner Nichols Steven M $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2022 10/04/22 Sold $235,000 -9.6% $136 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $260,000 -- $150 / 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 $2,668 $244,494 $52,020 $192,474
2024 $2,630 $239,700 $51,000 $188,700
2023 $2,630 $235,000 $50,000 $185,000
2022 $1,896 $169,874 $56,624 $113,250
2021 $1,832 $166,544 $55,514 $111,030
2020 $1,824 $164,837 $54,945 $109,892
2019 $1,809 $161,606 $53,868 $107,738
2018 $1,788 $158,438 $52,812 $105,626
2017 $1,819 $155,332 $51,777 $103,555
2016 $1,702 $152,287 $50,762 $101,525
2015 $1,689 $150,000 $50,000 $100,000
2014 $873 $74,987 $27,544 $47,443
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brandy Wilson

    Marketplace Real Estate

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    Big Valley Properties

See All Agents

Map

Source: Shasta Association of REALTORS®

MLS Number: 22-3841

Shasta Association of REALTORS®

APN: 107-020-020-000

California Shasta County Redding 96002

591 Azalea Ave, Redding, CA

Not Listed for Sale

MultiFamily

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