NOT LISTED FOR SALE

8850 Redbank Rd Redding, CA 96001

Estimated Value: $339,000 - $401,023

3 Beds
2 Baths
1,620 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $334,900 $207 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,299/month

55 Days on Market

Highlights

  • Views of Trees
  • No HOA
  • Forced Air Heating and Cooling System
  • Contemporary Architecture
  • 1-Story Property
  • Green Energy Fireplace or Wood Stove

About This Home

As of December 2022

WELCOME to Cozy and Desirable 8850 Redbank Road! This beautiful home is located on the South West side of Redding and feels secluded and peaceful on over 1 acre. Lots of space for animals, trailers, hosting, gardening, and more! This home has all the potential to be your forever home! This 3 bed 2 bath home has so much character including the beautiful Brick wood Fireplace & custom built-ins in the second living area. That's right TWO living spaces! There are fans in every room as well as a dining room attached to the Kitchen--ideal for entertaining! You will want to see the Massive Covered back & front Patio! Beautiful locations to read a book, enjoy the quiet scenery, and barbecue! With just a little imagination, this can be the home of your dreams!

Last Agent to Sell the Property

Ben Sprague

eXp Realty of California, Inc. License #02088763 Listed on: 10/20/2022

eXp Realty of California, Inc.

Last Buyer's Agent

Mark Chitwood

Josh Barker Real Estate License #1325473

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 1

Home Design

  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Views of Trees

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Green Energy Fireplace or Wood Stove

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 051-020-012-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Bonds HOA: None
  • Directions: Heading south on South Market, turn right on Redding Rancheria Rd, then right on Redbank Rd. Home is on the left.
  • Prop. Type: Residential
  • Water District Name: City of Redding
  • Year Built: 1966
  • Road Surface Type: Asphalt
  • Architectural Style: Contemporary
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Year Built Details: 30+
  • Water:Public: Yes
  • ViewWooded: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplace:Living Room2: Yes

Exterior Features

  • Roof: Composition
  • View: Open, Trees/Woods
  • Construction Type: Wood Siding
  • Foundation Details: Raised

Utilities

  • Electric: Public
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Wood Stove
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 051-020-012-000
  • Lot Dimensions: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Dec 19, 2022
Sold by
Mackell Bonnie A
Bought by
Howell Richard Lee
Seller's Agent
Ben Sprague
eXp Realty of California, Inc.
Buyer's Agent
Mark Chitwood
Josh Barker Real Estate
List Price
$339,900
Sold Price
$334,900
Premium/Discount to List
-$5,000
-1.47%
Views
19
Current Estimated Value
$381,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,606
Avg. Annual Appreciation
4.38%
Original Mortgage
$346,956
Outstanding Balance
$336,790
Interest Rate
7.08%
Mortgage Type
VA
Estimated Equity
$44,716

Purchase Details

Closed on
May 5, 2004
Sold by
Mackell Bonnie
Bought by
Mackell Bonnie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 23, 2003
Sold by
Mackell Bonnie A
Bought by
Mackell Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.75%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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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Purchase History

Date Buyer Sale Price Title Company
Howell Richard Lee $335,000 Fidelity National Title
Mackell Bonnie A -- Fidelity Natl Title Co Of Ca
Mackell Bonnie -- Fidelity Natl Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howell Richard Lee $346,956
Previous Owner Mackell Bonnie A $90,000
Previous Owner Mackell Bonnie $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $334,900 0.0% $207 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/08/2022 11/08/22 Price Changed $334,900 -1.5% $207 / Sq Ft
10/20/2022 10/20/22 For Sale $339,900 0.0% $210 / Sq Ft
10/20/2022 10/20/22 Price Changed $339,900 -2.9% $210 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $349,900 -- $216 / 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 $3,643 $348,429 $88,434 $259,995
2024 $3,572 $341,598 $86,700 $254,898
2023 $3,572 $334,900 $85,000 $249,900
2022 $1,720 $165,035 $45,091 $119,944
2021 $1,703 $161,800 $44,207 $117,593
2020 $1,719 $160,142 $43,754 $116,388
2019 $1,642 $157,003 $42,897 $114,106
2018 $1,615 $153,925 $42,056 $111,869
2017 $1,620 $150,908 $41,232 $109,676
2016 $1,498 $147,950 $40,424 $107,526
2015 $1,502 $145,728 $39,817 $105,911
2014 $1,463 $142,875 $39,038 $103,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 22-4811

Shasta Association of REALTORS®

APN: 051-020-012-000