NOT LISTED FOR SALE

7145 Milky Way Redding, CA 96002

Estimated Value: $677,000 - $883,000

3 Beds
2.5 Baths
2,226 Sq Ft
$346/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $780,000 $350 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,836/month

16 Days on Market

Highlights

  • RV Access or Parking
  • 5.29 Acre Lot
  • Vaulted Ceiling
  • Panoramic View
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of October 2021

Don't miss out on this rare opportunity! Hard to find custom-built home in a NON BRUSH AREA on a private street subdivision in the Churn Creek bottom neighborhood. All usable 5.29 acres with ACID irrigation available. Ideally located close to downtown, freeway, shopping, hospitals, and schools. The home comes with an incredible HUGE dream shop/garage-40x80 ft with towering 14 ft ceilings, 40ft RV pad and hookup, 12ft power doors with a bathroom/office combo.) in addition to the main home's attached 3 car garage. Many amenities include spacious concrete driveway, beautiful pond by the front walk way, NEW luxury vinyl plank flooring, NEW carpet throughout, fully remodeled kitchen with all NEW stainless steel appliances, custom window shutters, separate office, formal dining room, large living room, 3 spacious bedrooms, master bathroom with a large walk-in closet, separate jacuzzi tub, and a large travertine custom shower. Back covered patio is perfect for BBQs.

Last Agent to Sell the Property

Jessica Alias

Real Brokerage Technologies License #02114519 Listed on: 09/14/2021

Real Brokerage Technologies

Last Buyer's Agent

Elise Pope

Real Brokerage Technologies License #02118552

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,811

Year Built

  • Built in 2005

Lot Details

  • 5.29 Acre Lot
  • Landscaped

Property Views

  • Panoramic
  • Mountain

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,226 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Breakfast Bar
  • Built-In Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity

Parking

  • Oversized Parking
  • RV Access or Parking

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Septic Tank

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 055-300-055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,811

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Bonds HOA: Yes
  • Directions: I-5 East on Rd. South on Churn Creek Rd, past Meadow View right on Dairyland Dr left on Milky Way, home on the left.
  • Kitchen Microwave: Built-in
  • Misc Amenities Gutters: None
  • Misc Amenities Landscape: Front
  • Misc Amenities Shop Size: 40x80ft
  • Prop. Type: Residential
  • Year Built: 2005
  • Lot Size Acres: 5.29
  • Road Surface Type: Asphalt
  • Ownership: Seller
  • Architectural Style: Contemporary
  • Reso Interior Features: Breakfast Bar, Vaulted Ceiling(s), Double Vanity
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: 10-20 Years
  • ViewMountain: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Kitchen Countertops: Granite Tile
  • Possible Use: Horses
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Panoramic
  • Construction Type: Stucco
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Electric: 220 Volts
  • Water Well: None
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 42.0
  • Association: Yes

Lot Info

  • Parcel #: 055-300-055
  • Lot Dimensions: 5.29
  • Lot Size Sq Ft: 230432.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Macdonald Kenneth D and Macdonald Mary B
Bought by
Kenneth And Mary Macdonald Family Trust and Macdonald
Current Estimated Value
$770,516

Purchase Details

Listed on
Sep 14, 2021
Closed on
Oct 11, 2021
Sold by
Day David L and Day Christina E
Bought by
Mcdonald Kenneth D and Macdonald Mary B
Seller's Agent
Jessica Alias
Real Brokerage Technologies
Buyer's Agent
Elise Pope
Real Brokerage Technologies
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.38%
Original Mortgage
$780,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2005
Sold by
Currie William A
Bought by
Day David L and Day Christina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 9, 2004
Sold by
Currie Elaine B
Bought by
Currie William A

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
5.7%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 4, 2004
Sold by
Amen Grant A and Amen June L
Bought by
Currie William A

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
5.7%
Mortgage Type
Construction
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
Kenneth And Mary Macdonald Family Trust -- None Listed On Document
Mcdonald Kenneth D $780,000 Fidelity Natl Ttl Co Of Ca
Day David L $533,000 First American Title Co
Currie William A -- First American Title Co
Currie William A $130,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdonald Kenneth D $780,000
Previous Owner Day David L $348,000
Previous Owner Currie William A $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $780,000 0.0% $350 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $780,000 -- $350 / 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 $8,811 $833,551 $191,017 $642,534
2024 $8,641 $817,592 $187,272 $630,320
2023 $8,641 $801,680 $183,600 $618,080
2022 $8,626 $804,810 $180,000 $624,810
2021 $5,542 $510,000 $150,000 $360,000
2020 $5,426 $500,000 $140,000 $360,000
2019 $5,250 $480,000 $130,000 $350,000
2018 $4,521 $420,000 $90,000 $330,000
2017 $4,672 $420,000 $90,000 $330,000
2016 $4,510 $420,000 $90,000 $330,000
2015 $4,255 $390,000 $85,000 $305,000
2014 $4,234 $385,000 $80,000 $305,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 21-4350

Shasta Association of REALTORS®

APN: 055-300-055-000