NOT LISTED FOR SALE

80 Mina Ave Red Bluff, CA 96080

Estimated Value: $409,000 - $534,000

8 Beds
4 Baths
3,768 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $475,000 $126 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,881/month

81 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Cul-De-Sac
  • Coin Laundry

About This Home

As of May 2024

Investment opportunity awaits in Red Bluff! This well-maintained 4-plex presents a prime chance for both homeownership and income generation.Each unit is 2 bedroom 1 Bath. Three of the units have been meticulously updated and are all currently rented month to month, providing immediate returns. All four units are rented for a total of $3680. Each unit offers modern amenities, ensuring tenant satisfaction and ease of management. Located in the heart of Red Bluff, this property is a smart addition to any portfolio. Act now and capitalize on the potential of this income-generating gem!

Last Agent to Sell the Property

Nada Aboudiab

KW Sac Metro License #01999904 Listed on: 02/23/2024

KW Sac Metro

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1979

Lot Details

  • 8,667 Sq Ft Lot
  • Cul-De-Sac

Parking

  • Uncovered Parking

Home Design

  • Quadruplex
  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 041-350-004-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • 4 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,937

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1979
  • Stories: 2
  • Number of Two Bedroom Units: 8
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate

Exterior Features

  • Construction Materials: Concrete, Stucco
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 499000.00
  • Lot Features: Cul-De-Sac
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: CITY
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1990
  • Lot Size Sq Ft: 8667.00

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Coin Operated Equipment","Rent Only"]
  • Total Number Leasable: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 041-350-004-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Tehama

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 28, 2024
Sold by
Gonzalez Luis M
Bought by
Mid Valley Glass Inc
Seller's Agent
Nada Aboudiab
KW Sac Metro
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%
Views
56
Current Estimated Value
$469,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,508
Avg. Annual Appreciation
-0.92%

Purchase Details

Listed on
Sep 13, 2021
Closed on
Jan 13, 2022
Sold by
Gonzalez Maria
Bought by
Gonzalez Luis M
Seller's Agent
NON MEMBER
Big Valley Properties
Buyer's Agent
NON MEMBER
Big Valley Properties
List Price
$355,000
Sold Price
$365,000
Premium/Discount to List
$10,000
2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$273,750
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2005
Sold by
Lammers Properties Llc
Bought by
Bayley David B and Bayley Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,950
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac
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
Mid Valley Glass Inc $475,000 First American Title
Gonzalez Luis M -- Placer Title
Gonzalez Luis M $365,000 Placer Title
Bayley David B $334,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Luis M $273,750
Previous Owner Bayley David B $200,400
Previous Owner Bayley David B $215,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $475,000 -4.8% $126 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $499,000 +36.7% $132 / Sq Ft
01/19/2022 01/19/22 Sold $365,000 +2.8% --
01/18/2022 01/18/22 Pending -- -- --
03/03/2021 03/03/21 For Sale $355,000 -- --
Source: MetroList

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 $3,937 $428,400 $66,300 $362,100
2023 $3,871 $372,300 $66,300 $306,000
2022 $3,342 $317,096 $47,718 $269,378
2021 $2,975 $288,269 $43,380 $244,889
2020 $2,670 $250,669 $37,722 $212,947
2019 $2,610 $238,733 $35,926 $202,807
2018 $2,239 $217,030 $32,660 $184,370
2017 $2,096 $197,300 $29,691 $167,609
2016 $1,996 $197,300 $29,691 $167,609
2015 -- $197,300 $29,691 $167,609
2014 $1,746 $171,566 $25,819 $145,747
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224011149

MetroList

APN: 041-350-004-000