$740,500
Redding, CA 96003
MLS# 24-567
Status: Closed
12 beds | 4 baths
1 / 55
Property Description
Attention Buy a House A Year Club! Live in 1 and rent out the others, and makes it possible to have a monthly payment equal to a 1/4 of the cost, but take ownership of a great investment property. Four completely separate 3 bedroom 1 bathroom homes on a large 3.28 acre lot in the heart of Redding with plenty of parking and a shop. Located in one of the most desirable areas to live and develop for additional new construction of additional homes. Around the corner from Simpson University, Shasta College, as well the old and new large Bethel International School. City Bus Stop nearby at bottom of private driveway & college view for easy transportation. Projected gross annual income of $65,340. Qualifies for a 5% down primary residence loan.
Details
Maps
Property Description
Property Sub Type: Single Family
Scope of Service: Full Service Listing
List Price: 800000
Parcel Number: 116-350-074-000
Lot Dim or Acres: 142,877
Approx. Acres: 3.28
Acres Range: 2 - 5 Acres
Yr Blt Description: 30+
Approx. SqFt.: 4032
Total Full Baths: 4
Rented: Yes
Rented $: 65340
Current Price: $740,500
Area: 02 - Redding NE
Year Built: 1976
Total Bedrooms: 12
Total Bathrooms: 4
Address Information
Cross Street: churn creek
Street Number: 1571
Street Name: College View
State/Province: CA
Postal Code: 96003
County: Shasta
Remarks
Public Remarks: Attention Buy a House A Year Club! Live in 1 and rent out the others, and makes it possible to have a monthly payment equal to a 1/4 of the cost, but take ownership of a great investment property. Four completely separate 3 bedroom 1 bathroom homes on a large 3.28 acre lot in the heart of Redding with plenty of parking and a shop. Located in one of the most desirable areas to live and develop for additional new construction of additional homes. Around the corner from Simpson University, Shasta College, as well the old and new large Bethel International School. City Bus Stop nearby at bottom of private driveway & college view for easy transportation. Projected gross annual income of $65,340. Qualifies for a 5% down primary residence loan.
Directions: From Churn Creek & College View Dr. Head east on college view. Go past Tidmore Dr. & then private driveway will be on your right. Take private driveway up the hill.
Contract Information
Listing Contract Date: 2024-01-30
Status: Closed
List Date: 2024-02-07
Sold Price: $740,500
Sold Date: 2024-03-22
Under Contract Date: 2024-02-29
How to Show
See Pvt Rmks: 1
Lockbox
Bluetooth: ** See Below
Under Construction: No
SELM Filed on Listing
Filed on Listing: No
Dining
Eating Sp in Kitchen: 1
Style
Traditional: 1
Lot Description
Level: 1
Rolling: 1
Story
One: 1
Lot Features
Other: 1
View
Open: 1
Exterior
T1-11: 1
Roof
Comp: 1
Foundation
Slab: 1
Floors
Wall to Wall Carpet: 1
Laminate: 1
Pool
None: 1
Parking
Boat: 1
Off Street: 1
Oversized Parking: 1
RV: 1
Fireplace
None: 1
Bath
# Shower Stalls: 1
Additional Rooms
ADU: ADU-Attached
In Law: 1
None: 1
Kitchen
Range/Oven: 1
Misc. Amenities
Laundry: Hook-ups
Shop: 1
Workshop: 1
Bonds
HOA: None
Heat
Furnace Wall: 1
Water
Wtr District Name: Bella Vista
Electric
Public: 1
Cool
Evaporative: 1
Window: 1
Cable
House: 1
Waste
Septic: 1
Available Terms
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
FHA/VA: 1
FHA: 1
Possession
Close of Escrow: 1
Selling Terms
Cash: 1
Solar
Solar Power: No
Road
Asphalt: 1
Dirt: 1
Private: 1
Property Features
How to Show: See Pvt Rmks
Dining: Eating Sp in Kitchen
Style: Traditional
Lot Description: Level; Rolling
Story: One
Lot Features: Other
Roof: Comp
Exterior: T1-11
Pool: None
View: Open
Parking: Off Street; Boat; Off Street; Oversized Parking; RV
Additional Rooms: In Law; None
Fireplace: None
Floors: Laminate; Wall to Wall Carpet
Kitchen: Range/Oven
Foundation: Slab
Heat: Furnace Wall
Electric: Public
Cool: Evaporative; Window
Waste: Septic
Available Terms: All Cash to Seller; Cash; Cash to New Loan; FHA/VA; FHA
Possession: Close of Escrow
Selling Terms: Cash
Road: Asphalt; Dirt; Private
IDX
Listing Office: eXp Realty of California, Inc.
Last Updated: September - 16 - 2024
Information deemed reliable but not guaranteed.
