L
Seller's Agent in 2024
Liz Aguero
eXp Realty of California Inc
(888) 584-9427
1 in this area
6 Total Sales
611 Parsons Dr Redding, CA 96002
Bechelli Neighborhood
8
Beds
4
Baths
3,072
Sq Ft
0.34
Acre Lot
Highlights
- 4 Car Attached Garage
- Carpet
- 1-Story Property
About This Home
As of May 2024An exceptional investment opportunity awaits with this multi-family residential property, boasting a standalone structure that ensures a positive cash flow. Situated in a prime location, the property offers convenience and accessibility, making it an attractive option for potential renters. Key Features - Positive Cash Flow: The property generates substantial income, exceeding operational costs, resulting in a profitable investment; Great Location: Nestled in a vibrant neighborhood, residents enjoy proximity to essential stores, delightful shopping experiences, and a variety of dining options; Accessibility: Located just minutes away from major highways, this property provides easy access for commuting, travel, and leisure activities. Investment Highlights - High Demand Area: The demand for multi-family homes in this area is on the rise, ensuring consistent occupancy rates; Growth Potential: With the potential for value appreciation and rent increases, investors can look forward to long-term+ financial gains; Community Amenities: Residents benefit from local parks, schools, and community centers, enhancing the living experience and rental appeal.
Last Agent to Sell the Property
eXp Realty of California Inc License #01829079 Listed on: 03/22/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1959
Lot Details
- 14,810 Sq Ft Lot
Parking
- 4 Car Attached Garage
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,072 Sq Ft Home
- 1-Story Property
Flooring
- Carpet
- Vinyl
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $47,220
Community Details
Overview
- 3,072 Sq Ft Building
Building Details
- 4 Leased Units
- Manager Expense $350
- Operating Expense $350
- Gross Income $46,748
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2024
Closed on
May 6, 2024
Sold by
Bought by
Seller's Agent
Liz Aguero
eXp Realty of California Inc
Buyer's Agent
Liz Aguero
eXp Realty of California Inc
List Price
$490,000
Sold Price
$500,000
Premium/Discount to List
$10,000
2.04%
Views
19
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
0.0679%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2002
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $500,000 | Wfg National Title Insurance C | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $475,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $500,000 | +2.0% | $163 / Sq Ft |
| 03/26/2024 03/26/24 | Pending | -- | -- | -- |
| 03/22/2024 03/22/24 | For Sale | $490,000 | -- | $160 / Sq Ft |
Source: MLSListings
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,968 | $507,450 | $81,600 | $425,850 |
| 2024 | $2,927 | $261,982 | $50,760 | $211,222 |
| 2023 | $2,927 | $256,846 | $49,765 | $207,081 |
| 2022 | $2,845 | $251,811 | $48,790 | $203,021 |
| 2021 | $2,750 | $246,875 | $47,834 | $199,041 |
| 2020 | $2,738 | $244,345 | $47,344 | $197,001 |
| 2019 | $2,716 | $239,555 | $46,416 | $193,139 |
| 2018 | $2,685 | $234,858 | $45,506 | $189,352 |
| 2017 | $2,731 | $230,254 | $44,614 | $185,640 |
| 2016 | $2,558 | $225,740 | $43,740 | $182,000 |
| 2015 | $2,529 | $222,350 | $43,083 | $179,267 |
| 2014 | $2,511 | $217,996 | $42,240 | $175,756 |
Source: Public Records
Agents Affiliated with this Home
-
Liz Aguero
Map
Source: MLSListings
MLS Number: ML81958608
APN: 107-490-19
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