$1,205,000
SOLD FEB 26, 2025
-- Bed
-- Bath
3,744 Sq Ft
9,548 Sq Ft Lot

Recently Sold

$322 Per Sq Ft

1% Below List Price

18 Days on Market

About This Home

As of February 2025

Invest in a hassle-free, high-yield property, ten year lease. This 3,744 sq ft dental building in Redding, CA, is a prime investment opportunity. Fully remodeled in 2015, it boasts a long-term, triple-net lease with a well-respected dentist paying $7,750/month. Enjoy passive income with zero maintenance responsibilities. The tenant is paying market rent, capitalizing on the rising costs of dental construction and limited availability of dental space in the local market. Also see MLS# 24-5160

Last Agent to Sell the Property

Ryan Haedrich

Capital Rivers Commercial License #01747622

Capital Rivers Commercial

Last Buyer's Agent

Scott Pewitt

Exp Commercial of California, Inc. License #01887963

Exp Commercial of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,276

Lot Details

  • 9,548 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 068-120-075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,276

Lot Details

0

Listing Details

  • Directions: Located on the West side of Churn Creek Road in a professional office park just south of Del Sol Place.
  • Prop. Type: Investment
  • Lot Size Acres: 0.22
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Lot Info

  • Parcel #: 068-120-075
  • Lot Size Sq Ft: 9548.0
  • ResoLotSizeUnits: Square Feet
  • Zoning Description: RED - C-2 - Central Commericial District
  • ResoLotSizeUnits: SquareFeet

Map

Range of Values:

Collateral Analytics

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ICE

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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

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $1,205,000 -1.2% $322 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
12/16/2024 12/16/24 For Sale $1,220,000 -- $326 / Sq Ft
Source: Shasta Association of REALTORS®

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 $4,276 $388,823 $88,366 $300,457
2023 $4,276 $381,200 $86,634 $294,566
2022 $4,156 $373,727 $84,936 $288,791
2021 $4,015 $366,400 $83,271 $283,129
2020 $3,998 $362,644 $82,418 $280,226
2019 $3,966 $355,534 $80,802 $274,732
2018 $3,921 $348,564 $79,218 $269,346
2017 $3,990 $341,730 $77,665 $264,065
2016 $3,734 $335,031 $76,143 $258,888
2015 $3,704 $330,000 $70,000 $260,000
2014 $3,973 $350,000 $75,000 $275,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,285,000 New Conventional
Previous Owner $350,000 Commercial
Previous Owner $1,246,000 Commercial
Previous Owner $289,000 Commercial
Previous Owner $280,000 Commercial
Previous Owner $350,000 Commercial
Previous Owner $350,000 Commercial
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $1,205,000 Placer Title
Grant Deed $330,000 Fidelity Natl Title Co Of Ca
Grant Deed -- Investors Title Company
Grant Deed $700,000 Alliance Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $499,000 Alliance Title Company
Source: Public Records

Source: Shasta Association of REALTORS®

MLS Number: 24-5161

Shasta Association of REALTORS®

APN: 068-120-075-000