NOT LISTED FOR SALE

Estimated Value: $609,854

2 Beds
1 Bath
-- Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: July 31, 2024

Last sale price $633,250

Est. 4% decrease in value since last sale

Current estimated payment $3,913 / mo

122 Days on Market

About This Home

As of July 2024

Located 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

Last Buyer's Agent

Tomas Avalos

RE/MAX of Redding License #02006101

RE/MAX of Redding
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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

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Directions: Eureka Way turn north on West Street.
  • Prop. Type: Residential Income
  • Year Built: 1973
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 103-050-037-000
  • Lot Dimensions: 10,454
  • Zoning Description: NOT AVAILABLE

Multi Family

  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jul 29, 2024
Sold by
Bought by
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
80
Current Estimated Value
$609,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,396
Avg. Annual Appreciation
-1.86%
Original Mortgage
$585,756
Outstanding Balance
$573,684
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$36,170

Purchase Details

Closed on
Nov 16, 2021
Sold by
Bought by

Purchase Details

Listed on
Jul 11, 2014
Closed on
Sep 8, 2014
Sold by
Bought by
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
7.21%

Purchase Details

Closed on
May 19, 2005
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Oct 17, 2001
Sold by
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Dec 27, 1999
Sold by
Bought by

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%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lakeview, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$633,500 Fidelity National Title
$405,000 None Available
$267,000 First American Title Company
$386,000 Placer Title Company
$315,000 First American Title Co
-- Chicago Title Co
$98,000 First American Title Co
-- First American Title Co
$97,750 First American Title Ins Co
$135,000 Redding Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $585,756
Previous Owner $200,000
Previous Owner $168,000
Previous Owner $31,135
Previous Owner $252,000
Previous Owner $183,000
Previous Owner $88,200
Previous Owner $94,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,659 $645,915 $81,600 $564,315
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

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Map

Source: Shasta Association of REALTORS®

MLS Number: 24-743

Shasta Association of REALTORS®

APN: 103-050-037-000

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