Check Availability

1248 Olive Avenue

1248 Olive Avenue, Redding, CA 96001
Property in Deakins
Sold Oct 21, 2021
$175,000
$166,000 by Infinity Equity Group Llc
Mortgage Due Nov 01, 2051
Sold Feb 27, 2018
$89,000
1248 Olive Avenue has been categorized by the local assessors in Redding, CA as a residential type of property. The building on the property was first built in 1941 and is 83 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1248 Olive Avenue has 702 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,098 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 558 sqft. According to our sources, there are a total of 2 available parking spaces. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1248 Olive Avenue was last sold in Oct 20, 2021 for $175,000. According to our calculations, that's $249.29 per sqft. Prior to that sales transaction, the property was sold for $89,000 in Feb 22, 2018. Current property owners are expected to pay $1,967 in taxes per year. The property on 1248 Olive Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $183,980. To break that down further, the land itself was valued at $35,700. While improvements to the property were assessed at a total of $148,280. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 558
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 702
  • Gross Building Area: 702
  • Building Area: 702
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 702
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEAKINS
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Single family residential

Ownership

  • Current Owner : SAVORY JEREMY
  • Current Owner 2: SAVORY BRANDY
  • Previous Owner : JENSEN CHRISTOPHER
  • Previous Owner 2: JENSEN LIANE
  • Owner Before Previous Owner: JORDAN LARRY G
  • Owner Before Previous Owner 2: JORDAN JANET E
  • Ownership Rights Codes: Family Living Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Redding Elementary School District
  • Census Tract: 010500

Geography

  • Account Number: 105090020000
  • Parcel: 105-090-020-000
  • Lot: 2
  • Latitude: 40.5837
  • Longitude: -122.406

    Address

  • Full Address: 1248 Olive Ave
  • Address - House Number: 1248
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redding
  • Carrier Code: C023
  • 4-Digit Zip Code: 1428
  • Zip Code: 96001

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,967
  • Tax Rate Code Area: 001000

    Appraisal Valuation

  • Standard Deviation: 0.2754
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 60
  • Final Value: 191,562
  • High Value: 244,329
  • Low Value: 138,794

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,000
  • First Open Lien Mortgage Lender: INFINITY EQUITY GROUP LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2021
  • First Open Lien Mortgage Loan Amount: $166,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,980
  • Assessed Land Value: $35,700
  • Assessed Improvements Value: $148,280

    Sales

  • Current Sale Contract Date: Oct 20, 2021
  • Current Sale Recording Date: Oct 21, 2021
  • Current Sale Transaction ID: 11861336456
  • Current Sale Price: $175,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0043317
  • Previous Sale Recording Date: Feb 27, 2018
  • Previous Sale Contract Date: Feb 22, 2018
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: INFINITY EQUITY GROUP LLC
  • First Mortgage Transaction Date: Oct 21, 2021
  • First Mortgage Loan Amount: $166,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Redding



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2820 Donner Court, Redding, CA, 96001

$2,375 /mo

  • 3 Beds
  • 2 Baths
  • 1,609 ft²
2820 Donner Court, Redding, CA, 96001 Listing by Ruben Gutierrez

Frequently Asked Questions

What neighborhood is 1248 Olive Avenue located in?
The 1248 Olive Avenue is a located in the neighborhood of Deakins in Redding, Redding.
What is the average sales price for listings in 1248 Olive Avenue?
The average sales price for units in 1248 Olive Avenue is $0 currently.

Quantcast