NOT LISTED FOR SALE

7053 Hermosa Way Redding, CA 96002

Estimated Value: $405,000 - $436,101

3 Beds
2 Baths
1,750 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $245,000 $140 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,481/month

187 Days on Market

Highlights

  • RV Access or Parking
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of May 2017

This Home in Wooded Acres is on a Large lot! Has Living Room and Family Room. 3 bedroom 2 bath. 2 car attached garage and plenty of room and access in the back to park your toys!

Last Agent to Sell the Property

Dennis Morgan

Banner Real Estate License #01217155 Listed on: 08/11/2016

Last Buyer's Agent

Larry David

TREG, INC dba The Real Estate License #01970937

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,093

Year Built

  • Built in 1976

Lot Details

  • 0.75

Parking

  • RV Access or Parking

Home Design

  • Ranch Property
  • Property Attached
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wooded Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 056-430-027-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,093

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Bonds HOA: None
  • Directions: South on Airport Rd. to right on Meadowview, left on Granada and left on Hermosa
  • Kitchen Builtin Oven: None
  • Prop. Type: Residential
  • Year Built: 1976
  • Road Surface Type: Asphalt
  • Subdivision Name: WOODED ACRES
  • Architectural Style: Ranch
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: 30+
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace:Living Room2: Yes

Exterior Features

  • Roof: Composition
  • View: None
  • Construction Type: Other
  • Foundation Details: Raised

Garage/Parking

  • Parking Features: RV Access/Parking
  • RV Parking: Yes

Utilities

  • Electric: Public
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 056-430-027-000
  • Lot Dimensions: 32,670

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
May 4, 2017
Sold by
Pennington Edward
Bought by
Putnam Chad and Putnam Susan
Seller's Agent
Dennis Morgan
Banner Real Estate
Buyer's Agent
Larry David
TREG, INC dba The Real Estate
List Price
$289,900
Sold Price
$245,000
Premium/Discount to List
-$44,900
-15.49%
Current Estimated Value
$417,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,775
Avg. Annual Appreciation
6.54%
Original Mortgage
$245,000
Interest Rate
4.23%
Mortgage Type
USDA

Purchase Details

Closed on
Apr 15, 2015
Sold by
Pennington Candy
Bought by
Pennington Edward

Purchase Details

Closed on
Feb 28, 2003
Sold by
Lopez Raul F
Bought by
Pennington Edward and Pennington Candy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
5.83%

Purchase Details

Closed on
Aug 5, 2002
Sold by
Lopez Angela L
Bought by
Lopez Raul F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2002
Sold by
Va
Bought by
Lopez Raul F and Lopez Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 1999
Sold by
Douglas Hardy
Bought by
Va
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
Putnam Chad $245,000 First American Title Company
Putnam Chad $245,000 First American Title Company
Pennington Edward -- None Available
Pennington Edward $198,500 First American Title Co
Lopez Raul F -- Placer Title Company
Lopez Raul F -- Placer Title Company
Va $125,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Putnam Chad $245,000
Previous Owner Pennington Edward $148,750
Previous Owner Lopez Raul F $156,000
Previous Owner Lopez Raul F $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2017 05/05/17 Sold $245,000 -15.5% $140 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $289,900 -- $166 / 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 $3,093 $304,737 $87,041 $217,696
2024 $2,864 $294,763 $85,335 $209,428
2023 $2,864 $273,298 $83,662 $189,636
2022 $2,791 $267,940 $82,022 $185,918
2021 $2,745 $262,687 $80,414 $182,273
2020 $2,711 $259,995 $79,590 $180,405
2019 $2,676 $254,898 $78,030 $176,868
2018 $2,569 $249,900 $76,500 $173,400
2017 $2,633 $247,698 $62,388 $185,310
2016 $2,303 $225,000 $60,000 $165,000
2015 $2,177 $210,000 $60,000 $150,000
2014 $1,981 $190,000 $55,000 $135,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 16-4020

Shasta Association of REALTORS®

APN: 056-430-027-000