721 South St Redding, CA 96001

2 beds · 2 baths · 1,177 sq ft · Lot Size: 7,405 sq ft · Single Family Home · Garden
Est. Property Value: $251,481

High Demand Long-Term RentalOwned for 10 - 15 Years

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721 South St is in the Garden neighborhood of Redding, CA. It is located in Shasta County and ZIP code 96001. This Single Family Home was built in 1947 and is approximately 78 years old. The single family home spans 1177 sq ft with 2 bedrooms and 2 bathrooms and sits on a 7405 sq ft lot. According to public records, it was last sold in 2012 for $147,500 and has a tax-assessed value of $302,580, which is $214 per sq ft. The Garden area of Redding has 128 residential homes with an average size of 1045 sq ft. Analyze and compare real estate investment strategies for properties like this home at 721 South St Redding, CA 96001 with Property Intel by Whitepages.

Owners & Occupancy for 721 South St

No contact information is available.

Occupancy

Resident 1*************** age 48
Resident 2************ age 50

Investment Potential for 721 South St

The property has a current estimated value of $251,481, which is 8% below the neighborhood median, based on public records. It last sold on March 14, 2012 for $148K. Projected long-term
is $34,800 annually ($2,900 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$34,800 per year($2,900 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 96001 zip code
 
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Property Details for 721 South St

Property Details

Property Sq Ft

Living Area

1,177 sq ft

13% above market

Lot Size

7,405 sq ft

0% above market

Price Per Sq Ft

Living Area

$214 / sq ft

16% below market

Lot Size Area

$34 / sq ft

10% below market

Property condition, age, exterior, etc. for 721 South …
Longitude: -122.379138 Latitude: 40.579253 Parcel Number (APN): 102-180-013-000…
Mortgage originated on through lender: Franklin American Mtg Co for$******View Mortgage Details

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Market Benchmarks

Compare data for 721 South St in Shasta County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$251,481
$537,632
-$286,152 (-53%)
$******
$664,666
-$396,984 (-60%)
YoY Price Change
****%
1.67%
44%
Year Built
1947
1952
-5 years
Living Space
1,177 sq ft
1,134 sq ft
43 (4%)
$ Per Living Sq Ft
$214
$472
-$259 (-55%)
Lot Size
7,405 sq ft
6,300 sq ft
1105 (18%)
$ Per Lot Sq Ft
$34
$88
-$54 (-61%)

Net Operating Income
$*****
$29,277
-$2,843 (-10%)
Annual Revenue
$34,800
$45,600
-$10,800 (-24%)
$****
$12,843
-$4,477 (-35%)
Net Operating Income
$*****
$29,277
-$2,843 (-10%)
Cap Rate
****%
5.07%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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