NOT LISTED FOR SALE

Estimated Value: $303,000 - $587,000

4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft

Last Sold July 12, 2022

Last sale price $435,000

Est. 2% increase in value since last sale

Current estimated payment $2,660/month

3 Days on Market

Highlights

  • Central Air
  • Garage
  • Wood Siding
  • Shasta High School Rated A

About This Home

As of July 2022

Triplex in a coveted location near downtown, schools, shopping & more! Upgraded with central HVAC & dual pane windows. This property has a main house (2/1) in the front with a 1 car garage plus a duplex in the back, each a 2/1. Both the front and the back units have their own laundry facilities. All tenants have been long term & are current on their rents, Gross rents are $30,720 with potential for more! Units have been well cared for and each are on separate electric meters. Landlord pays for 1 water bill plus electricity for back unit laundry room only, which is less than $100/mo. Front house has great amount of character & would also make for a great short term rental or owners unit. Don't miss this opportunity to own in the heart of Redding's up-and-coming Downtown!

Last Agent to Sell the Property

Chelsea Valach

Upward Realty License #01335832 Listed on: 05/24/2022

Last Buyer's Agent

Chelsea Valach

Upward Realty License #01335832 Listed on: 05/24/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,405

Home Design

  • Wood Siding
  • Stucco

Parking

  • Garage
  • Carport
  • Off-Street Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 103-130-036-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Directions: 44W to R on South Market. Then left on Eureka and right on West to Address on left.
  • Prop. Type: Residential Income
  • Year Built: 1980
  • Existing Rntl Terms Written Lease: Yes
  • Ownership: Seller
  • Subdivision Name: N/A
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction Type: Stucco, Wood Siding

Garage/Parking

  • Parking Features: Unassigned, Off Street
  • ParkingOffStreet: Yes
  • Parking:Carport: Yes
  • Parking Facilities:Parking Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating:Forced Air: Yes
  • Heating:Baseboard2: Yes

Lot Info

  • Parcel #: 103-130-036-000
  • Lot Dimensions: 7,189
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 7, 2022
Sold by
Klein Paul J
Bought by
Penner David L
Seller's Agent
Chelsea Valach
Upward Realty
Buyer's Agent
Chelsea Valach
Upward Realty
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$441,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,647
Avg. Annual Appreciation
0.42%
Original Mortgage
$348,000
Outstanding Balance
$331,111
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$110,536

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 2, 2022
Sold by
Lucinda Klein
Bought by
Klein Paul J
Seller's Agent
Chelsea Valach
Upward Realty
Buyer's Agent
Chelsea Valach
Upward Realty
List Price
$435,000
Sold Price
$435,000

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
Outstanding Balance
$331,111
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$110,536

Purchase Details

Closed on
Sep 11, 2021
Sold by
Klein Living Trust and Klein Lucinda
Bought by
Klein Paul J

Purchase Details

Closed on
May 17, 2011
Sold by
Klein Paul J
Bought by
Klein Paul and Klein Lucinda

Purchase Details

Closed on
Dec 14, 2006
Sold by
Klein Alma X
Bought by
Klein Paul J

Purchase Details

Closed on
Dec 20, 2005
Sold by
Klein Alma X
Bought by
Klein Paul J

Purchase Details

Closed on
Sep 17, 2002
Sold by
Klein Paul J and Klein Alma X
Bought by
Klein Paul J and Klein Alma X

Purchase Details

Closed on
Feb 18, 1999
Sold by
Klein Paul J
Bought by
Klein Alma K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
6.76%

Purchase Details

Closed on
May 30, 1997
Sold by
Firstmark Inc
Bought by
Klein Paul J and Klein Alma X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,828
Interest Rate
8.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Penner David L $435,000 First American Title
Klein Paul J -- First American Title
Klein Paul J -- None Listed On Document
Klein Paul -- None Available
Klein Paul J -- Alliance Title Company
Klein Paul -- Alliance Title Company
Klein Paul J -- --
Klein Paul J -- --
Klein Alma K -- California Land Title Co
Klein Paul J $92,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penner David L $348,000
Previous Owner Klein Alma K $87,500
Previous Owner Klein Paul J $89,828
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2022 07/12/22 Sold $435,000 0.0% --
05/27/2022 05/27/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $435,000 -- --
Source: Shasta Association of REALTORS®

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 $4,688 $452,574 $72,828 $379,746
2024 $4,618 $443,700 $71,400 $372,300
2023 $4,618 $435,000 $70,000 $365,000
2022 $1,542 $141,173 $42,961 $98,212
2021 $1,535 $138,406 $42,119 $96,287
2020 $1,554 $136,988 $41,688 $95,300
2019 $1,477 $134,303 $40,871 $93,432
2018 $1,490 $131,670 $40,070 $91,600
2017 $1,482 $129,089 $39,285 $89,804
2016 $1,435 $126,559 $38,515 $88,044
2015 $1,417 $124,659 $37,937 $86,722
2014 $1,408 $122,218 $37,194 $85,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 22-2606

Shasta Association of REALTORS®

APN: 103-130-036-000

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