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16250 Penner Drive

16250 Penner Drive, Red Bluff, CA 96080
Property in Tehama
Sold Nov 18, 2021
$525,000
$385,000 by Finance Of America Mortgage Ll
Mortgage Due Dec 01, 2051
Sold Jun 19, 2018
$412,000
$329,600 by Summit Funding Inc
Mortgage Due Jul 01, 2048
Local assessors in Red Bluff, CA have categorized 16250 Penner Drive as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 1,516,324 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16250 Penner Drive has a total of 1,923 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 700 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16250 Penner Drive sold most recently in Nov 16, 2021 for a total of $525,000. If you work out the math, that's approximately a cost of $273.01 per sqft. Before that, the property was also sold for $412,000 in Jun 15, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,579 in taxes each year. 16250 Penner Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $535,500. If we break it down further, the land itself was valued at $183,600. Improvements to the property, however, were assessed at a total of $351,900. The property's total assessed value has been marked as more than the total market value 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 700
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,516,324
  • Total Building Area: 1,923
  • Gross Building Area: 1,923
  • Building Area: 1,923
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,923
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP 713
  • Land Acres: 34.81
  • Standard Land Use Code: Rural/agricultural residence
  • Legal Description 1: PAR 2 PM #713 BK 3 EX 1/2MR

Ownership

  • Current Owner : WALLACE SCOTT
  • Current Owner 2: WALLACE KATHLEEN
  • Previous Owner : ALEXANDER IRA A
  • Previous Owner 2: ALEXANDER AMANDA
  • Owner Before Previous Owner: GAINES LINDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Evergreen Union Elementary School District
  • Census Tract: 000201

Zoning

  • Zoning: UA

Geography

  • Parcel: 009-540-010-000
  • Municipality: BEND 3
  • Latitude: 40.2649
  • Longitude: -122.252

    Address

  • Full Address: 16250 Penner Dr
  • Address - House Number: 16250
  • Address - Street Name: Penner
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Red Bluff
  • Carrier Code: H003
  • 4-Digit Zip Code: 7933
  • Zip Code: 96080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,579
  • Tax Rate Code Area: 053002

    Appraisal Valuation

  • Standard Deviation: 0.2376
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 475,598
  • High Value: 588,648
  • Low Value: 362,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $385,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $385,000
  • 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: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,500
  • Assessed Land Value: $183,600
  • Assessed Improvements Value: $351,900

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11870057299
  • Current Sale Price: $525,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021016343
  • Previous Sale Recording Date: Jun 19, 2018
  • Previous Sale Contract Date: Jun 15, 2018
  • Previous Sale Amount: $412,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $385,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FUNDING INC
  • Previous Mortgage Transaction Date: Jun 19, 2018
  • Previous Mortgage Loan Amount: $329,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Tehama



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Frequently Asked Questions

What neighborhood is 16250 Penner Drive located in?
The 16250 Penner Drive is a located in the neighborhood of Tehama in Tehama, Red Bluff.
What is the average sales price for listings in 16250 Penner Drive?
The average sales price for units in 16250 Penner Drive is $0 currently.

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