NOT LISTED FOR SALE

Estimated Value: $214,000 - $333,000

4 Beds
2 Baths
920 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 12, 2022

Last sale price $180,000 $196 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,537/month

15 Days on Market

Highlights

  • Evaporated cooling system
  • Wood Siding
  • 3-minute walk to Magnolia Park
  • Shasta High School Rated A

About This Home

As of September 2022

2 homes on 1 lot in west Redding, just 5 minutes to both Mercy and Shasta Regional hospitals and new courthouse near completion. 2356 Butte st is a 3/1, 926 sq. ft. home built in 1900 with high living room ceilings, large enclosed porch area, and garden beds in the back yard with an additional large shed. 1459 Olive is a 1/1 426 sq. ft. with high living room ceilings and great natural light through upper windows, built in 1941. Plenty of character and charm in both houses with lots of potential all in a great location. No viewings available initially. Please write offers subject to inspection. Do not disturb tenants. Recent termite reports on file.

Last Listed By

Daniel Miller: Realtor

Upward Realty License #01782607 Listed on: 08/08/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,942

Year Built

  • Built in 1900

Lot Details

  • 7,841

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Utilities

  • Evaporated cooling system

Listing and Financial Details

  • Assessor Parcel Number 105-170-024-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,942

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: from court st. head west on placer. right on olive. right on butte.
  • Prop. Type: Residential Income
  • Year Built: 1900
  • Heating Gas: Yes
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Utilities

  • Cooling: Evaporative Cooling
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 105-170-024-000
  • Zoning Description: RED - RM9 Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Sep 9, 2022
Sold by
Schmidt Marilynn S
Bought by
Deoliviera Robert J
Seller's Agent
Daniel Miller: Realtor
Upward Realty
Buyer's Agent
Kayleen MacMillan
Encore Realty
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%
Total Days on Market
15
Current Estimated Value
$246,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,965
Avg. Annual Appreciation
12.25%
Original Mortgage
$135,000
Outstanding Balance
$130,265
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$113,659

Purchase Details

Closed on
May 24, 2022
Sold by
Earl Schmidt Philip
Bought by
Schmidt Marilynn S

Purchase Details

Closed on
May 13, 2022
Sold by
Earl Schmidt Philip
Bought by
Schmidt Marilynn S

Purchase Details

Closed on
Feb 4, 2000
Sold by
Hayes Stewart D
Bought by
Schmidt Philip E and Schmidt Marilynn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.06%
Mortgage Type
Seller Take Back

Range of Values:

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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
Deoliviera Robert J $180,000 Fidelity National Title
Schmidt Philip E $55,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deoliviera Robert J $135,000
Previous Owner Schmidt Phillip E $55,000
Previous Owner Schmidt Philip E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $180,000 -20.0% $196 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $225,000 0.0% $245 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $225,000 -- $245 / 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
2024 $1,942 $183,600 $40,800 $142,800
2023 $1,942 $180,000 $40,000 $140,000
2022 $892 $79,636 $28,956 $50,680
2021 $886 $78,076 $28,389 $49,687
2020 $897 $77,276 $28,098 $49,178
2019 $853 $75,762 $27,548 $48,214
2018 $860 $74,277 $27,008 $47,269
2017 $855 $72,822 $26,479 $46,343
2016 $829 $71,395 $25,960 $45,435
2015 $819 $70,324 $25,571 $44,753
2014 $813 $68,948 $25,071 $43,877
Source: Public Records

Agents Affiliated with this Home

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Source: Shasta Association of REALTORS®

MLS Number: 22-3759

Shasta Association of REALTORS®

APN: 105-170-024-000