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510 East Cypress Avenue

510 East Cypress Avenue, Redding, CA 96002
Property in Hemsted
510 East Cypress Avenue in Redding, CA was first built in 1967 and is 57 years old. This has been categorized as a commercial property type. It is a single story home. 510 East Cypress Avenue has 1,892 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 19,602 square feet.

Learn more about the property and building on this page. The building type has been coded as 5. The code stands for specialized buildings that do not fit in any of the other categories.. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Dec 2, 2019 for $1,810,000. That's $956.66 per sqft. 510 East Cypress Avenue was last assessed in 2023. The total value of the property was assessed at $1,996,361. Specifically, the land the property is located on was valued at $473,030. While improvements on the property were assessed at a total of $1,523,331. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $22,100. The initial tax year of delinquency was in 2019. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Total Building Area: 1,892
  • Gross Building Area: 1,892
  • Building Area: 1,892
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Specialized buildings
  • Property Class: Commercial
  • Subdivision: HEMSTED SUBDIVISION
  • Land Acres: 0.45
  • Standard Land Use Code: Service station w/convenience store (food mart)
  • County Land Use Code: Roadside market

Ownership

  • Current Owner : KUMAR NIKHIL
  • Current Owner 2: NIKHIL KUMAR REVOCABLE TRUST
  • Previous Owner : LANE J WARREN J
  • Previous Owner 2: LANE MARY LOU
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Enterprise Elementary School District
  • Census Tract: 010300

Geography

  • Account Number: 107380030000
  • Parcel: 107-380-030-000
  • Block: 2
  • Lot: 1,2
  • Latitude: 40.5714
  • Longitude: -122.362

    Address

  • Full Address: 510 E Cypress Ave
  • Address - House Number: 510
  • Street Direction: E
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redding
  • Carrier Code: C050
  • 4-Digit Zip Code: 0106
  • Zip Code: 96002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $22,100
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 001106

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,474,000
  • First Open Lien Mortgage Lender: PLUMAS BANK
  • First Open Lien Mortgage Recording Date: Dec 09, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $910,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: SACRAMENTO CERTIFIED DEVELOPME
  • Second Open Lien Mortgage Recording Date: Jul 01, 2020
  • Second Open Lien Mortgage Loan Amount: $564,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,996,361
  • Assessed Land Value: $473,030
  • Assessed Improvements Value: $1,523,331

    Sales

  • Current Sale Contract Date: Dec 02, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Transaction ID: 11709726771
  • Current Sale Price: $1,810,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0037893

    Last Sale Mortgage

  • First Mortgage Lender: PLUMAS BANK
  • First Mortgage Transaction Date: Dec 09, 2019
  • First Mortgage Loan Amount: $910,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Enterprise



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Frequently Asked Questions

What neighborhood is 510 East Cypress Avenue located in?
The 510 East Cypress Avenue is a located in the neighborhood of Hemsted in Enterprise, Redding.
What is the average sales price for listings in 510 East Cypress Avenue?
The average sales price for units in 510 East Cypress Avenue is $0 currently.

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