7322 Patience Ln Shingletown, CA 96088

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3 beds · 2 baths · 1,456 sq ft · Lot Size: 113,256 sq ft · Single Family Home
Est. Property Value: $324,988

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7322 Patience Ln is in the 96088 neighborhood of Shingletown, CA. It is located in Shasta County and ZIP code 96088. This Single Family Home was built in 2004 and is approximately 21 years old. The single family home spans 1456 sq ft with 3 bedrooms and 2 bathrooms and sits on a 113256 sq ft lot. According to public records, it was last sold in 1998 for $27,000 and has a tax-assessed value of $166,590, which is $223 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 7322 Patience Ln Shingletown, CA 96088 with Property Intel by Whitepages.

Owners & Occupancy for 7322 Patience Ln

This property is owned by Robert O Brooks. Owner contact information includes 2 phone numbers and 2 email addresses.

Property Owners

Residence***************
Landline(530) 474-3206
Distance from Property**********
Email Address********@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 27
Resident 2*************** age 60
Resident 3***************** age 59

Property Financials for 7322 Patience Ln

7322 Patience Ln, Shingletown, CA has a mortgage from Lender Seller (orig. February 17, 2012). The Shasta county assessment for 2024 values it at $166,590, with annual taxes of $1,956.

Mortgage & Equity Information

Loan Amount$******
LenderLender Seller
Origination DateFebruary 17, 2012
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateJune 22, 1998
Property Tax Amount$1,956 in 2024
Purchase Price$27,000
Assessed Value$166,590 on 2024

Investment Potential for 7322 Patience Ln

The property has a current estimated value of $324,988, which is 1% below the zip median, based on public records. It last sold on June 22, 1998 for $27K. Projected long-term
is $43,800 annually ($3,650 per month) with a 76% occupancy rate.

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Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
76%in 96088 zip code
 
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Property Details for 7322 Patience Ln

Property Details

Property Sq Ft

Living Area

1,456 sq ft

12% below market

Lot Size

113,256 sq ft

24% above market

Price Per Sq Ft

Living Area

$223 / sq ft

11% above market

Lot Size Area

$3 / sq ft

31% below market

Property condition, age, exterior, etc. for 7322 Patie…
Longitude: -121.976615 Latitude: 40.500117 Parcel Number (APN): 094-080-011-000…

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Discover more single family homes near 7322 Patience Ln in Shingletown, California. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7322 Patience Ln in Shasta County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$324,988
$639,752
-$314,764 (-49%)
$755,046
-$303,889 (-40%)
YoY Price Change
1.38%
401%
Year Built
2004
1971
33 years
Living Space
1,456 sq ft
1,519 sq ft
-63 (-4%)
$ Per Living Sq Ft
$223
$420
-$197 (-47%)
Lot Size
113,256 sq ft
7,020 sq ft
106236 (1513%)
$ Per Lot Sq Ft
$3
$88
-$85 (-97%)

Net Operating Income
$26,724
$6,874 (26%)
Annual Revenue
$43,800
$44,400
-$600 (-1%)
$14,609
-$4,407 (-30%)
Net Operating Income
$26,724
$6,874 (26%)
Cap Rate
4.21%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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