NOT LISTED FOR SALE

Estimated Value: $307,498 - $357,000

3 Beds
2 Baths
1,277 Sq Ft
$264/Sq Ft Est. Value

About This Home

This home is located at 7199 Pit Rd, Redding, CA 96001 and is currently estimated at $337,375, approximately $264 per square foot. 7199 Pit Rd is a home located in Shasta County with nearby schools including Bonny View Elementary School, Sequoia Middle School, and Shasta High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2017
Sold by
Hinckley Lindy and Jones Lindy
Bought by
Hursey Melvin E
Current Estimated Value
$337,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$161,758
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$188,235

Purchase Details

Closed on
Feb 11, 2011
Sold by
Ochoa & Shehan Builders Inc
Bought by
Hursey Melvin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,165
Interest Rate
4.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2008
Sold by
North Valley Bank
Bought by
Ochoa & Shehan Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 24, 2008
Sold by
Crb Properties Llc
Bought by
North Valley Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.99%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Hursey Melvin E $290,000 First American Title Co
Hursey Melvin E $191,500 Fidelity Natl Title Co Of Ca
Ochoa & Shehan Builders Inc $2,000,000 Fidelity Natl Title Co Of Ca
North Valley Bank -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hursey Melvin $100,000
Open Hursey Melvin E $190,000
Previous Owner Hursey Melvin E $11,900
Previous Owner Hursey Melvin E $168,165
Previous Owner Ochoa Shehan Builders Inc $1,500,000
Previous Owner Ochoa Shehan Builders Inc $2,000,000
Previous Owner Ochoa & Shehan Builders Inc $1,500,000
Source: Public Records

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
2024 $2,641 $240,146 $62,797 $177,349
2023 $2,641 $235,438 $61,566 $173,872
2022 $2,591 $230,822 $60,359 $170,463
2021 $2,568 $226,297 $59,176 $167,121
2020 $2,586 $223,978 $58,570 $165,408
2019 $2,496 $219,587 $57,422 $162,165
2018 $2,543 $215,283 $56,297 $158,986
2017 $2,494 $211,063 $55,194 $155,869
2016 $2,450 $206,925 $54,112 $152,813
2015 $2,287 $203,818 $53,300 $150,518
2014 $2,233 $185,000 $45,000 $140,000
Source: Public Records

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