T
Seller's Agent in 2024
Todd Stromback
Real Brokerage Technologies
944 West St Redding, CA 96001
Lakeview NeighborhoodEstimated Value: $589,000 - $647,000
2
Beds
1
Bath
--
Sq Ft
10,454
Sq Ft Lot
About This Home
As of July 2024Located on the edge of the incredible revitalization happening in Downtown Redding, this income-producing four-plex offers a fantastic investment opportunity. New roof and paint, and Unit 1 interior remodel just completed. Each spacious unit (966 sq ft) has been upgraded with 2 bedrooms, jack-and-jill bathroom, private patio, dedicated parking, and storage. A dedicated coin-op laundry provides additional income. Landscaping has been updated to conserve water & reduce maintenance. This is a 2 minute drive (11 minute walk) to Diestelhorst Bridge & the River Trail. Units are currently fully occupied, making this completely turn-key, or could be remodeled further to raise rents substantially. Don't miss out on this opportunity to own a valuable piece of real estate in a prime location!
Last Agent to Sell the Property
Todd Stromback
Real Brokerage Technologies License #1891751 Listed on: 02/23/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 10,454
Parking
- Off-Street Parking
Home Design
- Stucco
Utilities
- Central Air
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 103-050-037-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Jul 29, 2024
Sold by
Jc Holdings Llc
Bought by
Moughraby Ousama
Seller's Agent
Todd Stromback
Real Brokerage Technologies
Buyer's Agent
Tomas Avalos
RE/MAX of Redding
List Price
$649,000
Sold Price
$633,250
Premium/Discount to List
-$15,750
-2.43%
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,052
Avg. Annual Appreciation
-2.34%
Original Mortgage
$585,756
Outstanding Balance
$579,128
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$33,070
Purchase Details
Closed on
Nov 16, 2021
Sold by
Hawn Investments Llc
Bought by
Jc Holdings Llc
Purchase Details
Listed on
Jul 11, 2014
Closed on
Sep 8, 2014
Sold by
Lagrave Terry C and Lagrave Janice
Bought by
Hawn Investments Llc
Seller's Agent
Nick Kerley
DROZ CORPORATION
Buyer's Agent
Todd Stromback
Josh Barker Real Estate
List Price
$275,000
Sold Price
$267,000
Premium/Discount to List
-$8,000
-2.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Purchase Details
Closed on
May 19, 2005
Sold by
Shukis Melissa A and Shukis Mark C
Bought by
Lagrave Terry C and Lagrave Janice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 26, 2004
Sold by
Grimes Shane M
Bought by
Shukis Melissa A and Shukis Mark C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 10, 2004
Sold by
Grimes Donald L
Bought by
Grimes Shane M
Purchase Details
Closed on
Oct 17, 2001
Sold by
First Union National Bank
Bought by
Grimes Donald L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.84%
Purchase Details
Closed on
Oct 16, 2001
Sold by
Grimes Shane
Bought by
Grimes Donald L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
6.84%
Purchase Details
Closed on
Apr 12, 2001
Sold by
Linda White and Mary Hawks
Bought by
Amortizing Residential Collateral Trust
Purchase Details
Closed on
Dec 27, 1999
Sold by
Rev Liv Trust Tomlinson Carl A Trustee Tomlin
Bought by
White Linda and Hawks Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
11.45%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moughraby Ousama | $633,500 | Fidelity National Title | |
| Jc Holdings Llc | $405,000 | None Available | |
| Hawn Investments Llc | $267,000 | First American Title Company | |
| Lagrave Terry C | $386,000 | Placer Title Company | |
| Shukis Melissa A | $315,000 | First American Title Co | |
| Grimes Shane M | -- | Chicago Title Co | |
| Grimes Donald L | $98,000 | First American Title Co | |
| Grimes Donald L | -- | First American Title Co | |
| Amortizing Residential Collateral Trust | $97,750 | First American Title Ins Co | |
| White Linda | $135,000 | Redding Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moughraby Ousama | $585,756 | |
| Previous Owner | Lagrave Terry C | $168,000 | |
| Previous Owner | Shukis Melissa A | $252,000 | |
| Previous Owner | Grimes Donald L | $88,200 | |
| Previous Owner | White Linda | $94,500 | |
| Closed | White Linda | $40,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/31/2024 07/31/24 | Sold | $633,250 | -2.4% | -- | |
| 06/25/2024 06/25/24 | Pending | -- | -- | -- | |
| 02/23/2024 02/23/24 | For Sale | $649,000 | +143.1% | -- | |
| 09/26/2014 09/26/14 | Sold | $267,000 | -2.9% | -- | View Prior Sale |
| 07/27/2014 07/27/14 | Pending | -- | -- | -- | |
| 07/10/2014 07/10/14 | For Sale | $275,000 | -- | -- |
Source: Shasta Association of REALTORS®
Tax History Compared to Growth
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 | $4,485 | $633,250 | $80,000 | $553,250 |
| 2024 | $4,417 | $421,362 | $62,424 | $358,938 |
| 2023 | $4,417 | $413,100 | $61,200 | $351,900 |
| 2022 | $4,342 | $405,000 | $60,000 | $345,000 |
| 2021 | $3,247 | $296,452 | $55,514 | $240,938 |
| 2020 | $3,289 | $293,413 | $54,945 | $238,468 |
| 2019 | $3,124 | $287,661 | $53,868 | $233,793 |
| 2018 | $3,151 | $282,021 | $52,812 | $229,209 |
| 2017 | $3,134 | $276,492 | $51,777 | $224,715 |
| 2016 | $3,035 | $271,071 | $50,762 | $220,309 |
| 2015 | $2,979 | $267,000 | $50,000 | $217,000 |
| 2014 | $2,386 | $210,000 | $40,000 | $170,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tomas Avalos
T
Buyer's Agent in 2024
Tomas Avalos
RE/MAX
(530) 605-6055
1 in this area
100 Total Sales
-
Albert Naticchioni
Buyer Co-Listing Agent in 2024
Albert Naticchioni
RE/MAX
(530) 605-6055
2 in this area
225 Total Sales
-
N
Seller's Agent in 2014
Nick Kerley
DROZ CORPORATION
-
L
Buyer's Agent in 2014
LEONARD POLITO
Real Estate 1
-
Nate Molter
Buyer Co-Listing Agent in 2014
Nate Molter
eXp Realty of California, Inc.
(530) 221-7478
312 Total Sales
Map
Source: Shasta Association of REALTORS®
MLS Number: 24-743
APN: 103-050-037-000
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