NOT LISTED FOR SALE

Estimated Value: $627,000 - $716,000

2 Beds
1 Bath
-- Sq Ft
9,148 Sq Ft Lot

Last Sold June 14, 2023

Last sale price $679,000

Est. 3% decrease in value since last sale

Current estimated payment $4,103/month

15 Days on Market

About This Home

As of June 2023

FULLY REMODELED FOURPLEX! Located in central Redding close to the new Costco, new stores and restaurants, schools, parks, and more! The Building Features ALL NEW plumbing & fixtures, shower & bath enclosures, new kitchen's with new cabinets & granite countertops, & new appliance, new Luxury Plank flooring, new bathroom vanities with granite countertops, New electrical sub panels, all new LED can lights and ceiling fans, all NEW HVAC units and new ducting throughout, all new interior & exterior doors, the garages were drywalled inside to provide privacy & new roll up garage doors were installed, new gutters and downspouts, new painted inside & out. Over $64,800 in Gross Annual Income with very attractive nearly a 7% Cap Rate of Return. Don't miss this opportunity!

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 04/27/2023

Last Buyer's Agent

Margaret McGrath

Northstate Real Estate Professionals License #01775813

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 9,148

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 068-130-005-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Directions: Adam's Lane to Camino Ct. Turn Rt.
  • Prop. Type: Residential Income
  • Year Built: 1975
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Off Street, On Street
  • ParkingOffStreet: Yes
  • Parking:On Street: Yes

Utilities

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

Lot Info

  • Parcel #: 068-130-005-000
  • Lot Dimensions: 9,058
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Sewer, Water, Garbage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 8, 2023
Sold by
Dragon Ridge Properties Llc
Bought by
Cano Family Living Trust and Cano
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Margaret McGrath
Northstate Real Estate Professionals
List Price
$699,000
Sold Price
$679,000
Premium/Discount to List
-$20,000
-2.86%
Views
22
Current Estimated Value
$661,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,868
Avg. Annual Appreciation
-1.04%
Original Mortgage
$475,300
Outstanding Balance
$462,590
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$198,542

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 7, 2020
Sold by
Rowe Gary J and Rowe Mary L
Bought by
Dragon Ridge Properties Llc
Seller's Agent
Nick Kerley
Realty 110, Inc.
Buyer's Agent
Colette Johnson
eXp Realty of California, Inc.
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.05%

Purchase Details

Closed on
Jan 3, 2013
Sold by
Rowe Gary J and Rowe Mary L
Bought by
Rowe Gary J and Rowe Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,200
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2003
Sold by
Rowe Gary J and Rowe Mary L
Bought by
Rowe Gary and Rowe Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2000
Sold by
Salvador Prieto
Bought by
Rowe Gary J and Rowe Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,350
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cano Family Living Trust $679,000 Placer Title
Dragon Ridge Properties Llc $350,000 Placer Title Company
Rowe Gary J -- Accommodation
Rowe Gary J -- Fidelity Natl Title Co Of Ca
Rowe Gary -- --
Rowe Gary J -- Fidelity Natl Title Co Of Ca
Rowe Gary J $131,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cano Family Living Trust $475,300
Previous Owner Rowe Gary J $140,200
Previous Owner Rowe Gary J $154,000
Previous Owner Rowe Gary J $118,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2023 06/14/23 Sold $679,000 0.0% --
05/11/2023 05/11/23 Pending -- -- --
05/05/2023 05/05/23 Price Changed $679,000 -2.9% --
04/26/2023 04/26/23 For Sale $699,000 +99.7% --
10/09/2020 10/09/20 Sold $350,000 -2.5% -- View Prior Sale
08/01/2020 08/01/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $359,000 -- --
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 $7,669 $706,431 $83,232 $623,199
2024 $4,097 $692,580 $81,600 $610,980
2023 $4,097 $364,140 $62,424 $301,716
2022 $3,981 $357,000 $61,200 $295,800
2021 $3,846 $350,000 $60,000 $290,000
2020 $2,020 $181,162 $41,323 $139,839
2019 $2,004 $177,611 $40,513 $137,098
2018 $1,982 $174,129 $39,719 $134,410
2017 $2,016 $170,716 $38,941 $131,775
2016 $1,888 $167,370 $38,178 $129,192
2015 $1,872 $164,857 $37,605 $127,252
2014 $1,859 $161,629 $36,869 $124,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 23-1489

Shasta Association of REALTORS®

APN: 068-130-005-000