NOT LISTED FOR SALE

Redding, CA 96002

Reservoir Neighborhood

Estimated Value: $273,000 - $428,000

Studio
-- Bath
-- Sq Ft
0.49 Acres

Last Sold January 15, 2016

Last sale price $225,000

Est. 61% increase in value since last sale

Current estimated payment $2,132/month

12 Days on Market

About This Home

As of January 2016

2645 soft. Updated Duplex w/ Commercial Zoning. 4 bed & 2 bedroom unit. Previously student housing w/ Great cash flow. Currently owner occupied + rental income. Large yard, additional RV parking with Power, Water and Sewer connection for additional guest or? New Roof & paint, stucco finish for low maintenance. May be great office bldg Daycare or Adult home? Many possibilities. Location!!

Last Agent to Sell the Property

Jesse Eline

Venture Properties Listed on: 12/23/2015

Last Buyer's Agent

Jesse Eline

eXp Realty of Northern California, Inc. License #01953607

eXp Realty of Northern California, Inc.

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.49

Parking

  • Off-Street Parking

Home Design

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 067170038000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Directions: Churn Creek South past Cypress and Left (east) at Downard, near From The Hearth and Upper Crust Pizza. Sign with directional on Churn Creek.
  • Prop. Type: Residential Income
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Utilities

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

Lot Info

  • Parcel #: 067170038000
  • Lot Dimensions: .5 acres
  • Zoning Description: NOT AVAILABLE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2015
Closed on
Jan 13, 2016
Sold by
Myre Jorgen and Myre Karine
Bought by
Anthony Thomas J
Seller's Agent
Jesse Eline
Venture Properties
Buyer's Agent
Jesse Eline
eXp Realty of Northern California, Inc.
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Current Estimated Value
$362,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,474
Avg. Annual Appreciation
4.89%

Purchase Details

Closed on
Sep 21, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Myre Jorgen and Myre Karine

Purchase Details

Closed on
Sep 2, 2009
Sold by
Leonhardt James D and Richard Anna M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 9, 2006
Sold by
Velazquez Carbilio
Bought by
Leonhardt James D and Richard Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
9.64%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 25, 2005
Sold by
Velazquez Carbilio and Velasquez Carbilio
Bought by
Velazquez Carbilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2005
Sold by
Smith Sam C and Smith Pat L
Bought by
Morton Debra L

Purchase Details

Closed on
Mar 22, 2004
Sold by
Velazquez Guadalupe
Bought by
Velazquez Carbilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,465
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Lee Karen
Bought by
Velasquez Carbilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,465
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2002
Sold by
Lee Roger M
Bought by
Lee Karen

Purchase Details

Closed on
Apr 30, 2001
Sold by
Smith Sam C and Smith Pat L
Bought by
Lee Roger M
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anthony Thomas J $225,000 First American Title Company
Myre Jorgen $70,500 Lsi Title Agency
Deutsche Bank National Trust Company $261,538 Accommodation
Leonhardt James D $295,000 Chicago Title Co
Velazquez Carbilio -- Placer Title Company
Morton Debra L $165,000 Placer Title Company
Velazquez Carbilio -- Placer Title Company
Velasquez Carbilio $185,000 Placer Title Company
Lee Karen -- --
Lee Roger M $42,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leonhardt James D $295,000
Previous Owner Velazquez Carbilio $55,000
Previous Owner Velasquez Carbilio $175,465
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $225,000 -5.9% --
01/04/2016 01/04/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $239,000 -- --
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 $2,837 $266,347 $71,024 $195,323
2024 $2,812 $261,126 $69,632 $191,494
2023 $2,812 $256,007 $68,267 $187,740
2022 $2,793 $250,988 $66,929 $184,059
2021 $2,698 $246,067 $65,617 $180,450
2020 $2,687 $243,545 $64,945 $178,600
2019 $2,665 $238,771 $63,672 $175,099
2018 $2,635 $234,090 $62,424 $171,666
2017 $2,682 $229,500 $61,200 $168,300
2016 $883 $76,297 $54,112 $22,185
2015 $876 $75,152 $53,300 $21,852
2014 $870 $73,680 $52,256 $21,424
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jesse Eline

    Venture Properties

See All Agents

Source: Shasta Association of REALTORS®

MLS Number: 15-5961

Shasta Association of REALTORS®

APN: 067-170-038-000

California Shasta County Redding 96002

Reservoir

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes