5 months on rocket

2176 Placer St, Redding, CA, 96001

$985,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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2176 Placer St, Redding$985,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Street, On Street
Year Built1936
CoolingCentral Air, Evaporative Cooling
MLS #24-2345
StatusActive

About 2176 Placer St

Seize the opportunity to own a distinctive multi-family property in the vibrant heart of downtown Redding. Perfectly situated at the corner of Placer and Magnolia, this property features four turnkey apartments with covered parking and a charming 3-bedroom, 1-bathroom house. Whether you live in the house while renting out the apartments, or lease all units for maximum cash flow, this property offers exceptional flexibility and potential. Completely updated inside and out, it boasts new windows, a roof just recently installed on the apartments, and stylish modern finishes. Currently fully occupied with a 13.5 GRM. This property delivers a solid performance. This is a prime investment opportunity you won't want to miss.

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 2

Listing Office:

  • Office Name: Waterman Real Estate
  • Office Phone: (530) 691-4444
  • Listing Agent: Kelly Campbell

Exterior Features

Parking Information:

  • Parking: Off Street, On Street

Utilities

Utilities Information:

  • Cooling: Central Air, Evaporative Cooling

School Info

Assigned Schools Information:

  • Shasta High School, Public District Grades 9-12
  • Sequoia Middle School, Public District Grades 4-8
  • Cypress Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Corner of Placer and Magnolia.

Price Information

Listing Price Info

Price Summary:

  • List Price: $985,000

Tax Information:

  • Annual Amount: $3,869
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Redding, CA.

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Redding, CA

City

Med. Sold Price

$395K

Med. Price/SqFt

$246

Avg. Days On Market

70

# of Sold Homes

85

2176 Placer St vs Redding

152 DAYS ON ROCKET

+82 Days

$985,000

+$589.9K More

KEY TAKEAWAY

This property is $589.9K more than the Median Sold Price in Redding, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Shasta Association of REALTORS®
  • MLS Number: #24-2345

Listing Office:

  • Office Name: Waterman Real Estate
  • Office Phone: (530) 691-4444
  • Listing Agent: Kelly Campbell

Broker Reciprocity The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/27/2024, 7:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 13, 2020Home Sold
$350,000
Oct 19, 2015Home Sold
$340,000
Apr 05, 2001Home Sold
$350,000
May 26, 2000Home Sold
$86,500
Jan 06, 1995Home Sold
$295,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,869$353,625
2020$3,909$271,500
2019$3,944$360,810
2018$3,924$353,736
2017$3,924$346,800

History based on county public records data.

Payment Calculator

$4,984

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,020

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-863893
6
/10

  • Cypress Elementary School

  • 2150 Civic Center Dr

  • 1.04 miles

  • Public District Grades KG-5

Middle School

school-card-donut-863894
5
/10

  • Sequoia Middle School

  • 1805 Sequoia St

  • 1.14 miles

  • Public District Grades 4-8

High School

school-card-donut-863895
9
/10

  • Shasta High School

  • 2500 Eureka Way

  • 0.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,490. The most common annual income of people living in Redding, CA is less than $35k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2176 Placer St

What is the listing price of this property?

The listing price of 2176 Placer St property is $985,000.

What type of property is this?

The property 2176 Placer St is a house located in Redding, California, 96001.

Is this property for sale now?

Active Listing: 2176 Placer St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2176 Placer St are:
Cypress Elementary School: GreatSchools Rating 6/10
Sequoia Middle School: GreatSchools Rating 5/10
Shasta High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,869 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 13, 2020 for $350,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2176 Placer St is 1936.

Rocket Homes›California›Shasta County›Redding›96001›2176 Placer St

This home is located at 2176 Placer St in Redding, CA and zip code 96001 in the Breslauer's neighborhood. This home was built in 1936. It has been listed on Rocket Homes since May 27, 2024 and is currently priced at $985,000.

While more than 23 listings in Redding, CA in September 2024 were sold above asking price, there were more than 28 listings sold at asking price, and more than 34 were sold below. The number of homes for sale in Redding, CA decreased by 0.9% between August 2024 and September 2024. The median list price of listings available in September 2024 was $395,075, while the average time on the real estate market was 70 days.

From Rocket Homes Real Estate and based on county public records data.

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