Zip Code
8255 Ritts Mill Rd, Shingletown, CA 96088
3 beds · 2 baths · 1,224 sq ft · Lot: 24,394 sq ft · Single Family Home · Last Sold: $173K in 2004 · Built: 1999
Est. Value:
$189K
Est. Rent:
$3.6K/month

8255 Ritts Mill Rd Shingletown, CA 96088

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3 beds · 2 baths · 1,224 sq ft · Lot Size: 24,394 sq ft · Single Family Home
Est. Property Value: $188,974

High Demand Long-Term RentalValued below Market MedianOwned for 15 - 25 YearsOwner Age Above 75

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8255 Ritts Mill Rd 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 1999 and is approximately 26 years old. The single family home spans 1224 sq ft with 3 bedrooms and 2 bathrooms and sits on a 24394 sq ft lot. According to public records, it was last sold in 2004 for $172,500 and has a tax-assessed value of $246,600, which is $154 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 8255 Ritts Mill Rd Shingletown, CA 96088 with Property Intel by Whitepages.

Investment Potential for 8255 Ritts Mill Rd

The property has a current estimated value of $188,974, which is 37% below the zip median, based on public records. It last sold on March 29, 2004 for $173K. 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
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
76%in 96088 zip code
 
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Owners & Occupancy for 8255 Ritts Mill Rd

This property is owned by Albert J Dennis. Owner contact information includes 3 phone numbers and 4 email addresses.

Property Owners

Residence***************
Landline(530) 474-3132
Distance from Property**********
Email Address***********@collegeclub.orgView Email
View All Owner Info

Property Ownership Information

Purchase DateMarch 29, 2004
Property Tax Amount$803 in 2024
Purchase Price$172,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 79
Resident 2*************** age 79

Property Details for 8255 Ritts Mill Rd

Property Details

Property Sq Ft

Living Area

1,224 sq ft

26% below market

Lot Size

24,394 sq ft

73% below market

Price Per Sq Ft

Living Area

$154 / sq ft

19% below market

Lot Size Area

$8 / sq ft

25% above market

Property condition, age, exterior, etc. for 8255 Ritts…
Longitude: -121.794068 Latitude: 40.523202 Parcel Number (APN): 700-140-009-000…
Mortgage originated on through lender: Aegis Wholesale Corp for$******View Mortgage Details
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Recommended Properties in 96088

Discover more single family homes near 8255 Ritts Mill Rd 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 8255 Ritts Mill Rd in Shasta County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$188,974
$634,389
-$445,415 (-70%)
$******
$773,250
-$571,096 (-74%)
YoY Price Change
****%
1.38%
154%
Year Built
1999
1971
28 years
Living Space
1,224 sq ft
1,519 sq ft
-295 (-19%)
$ Per Living Sq Ft
$154
$424
-$270 (-64%)
Lot Size
24,394 sq ft
7,020 sq ft
17374 (247%)
$ Per Lot Sq Ft
$8
$92
-$84 (-92%)

Net Operating Income
$*****
$27,214
$8,513 (31%)
Annual Revenue
$43,800
$44,400
-$600 (-1%)
$****
$14,177
-$6,104 (-43%)
Net Operating Income
$*****
$27,214
$8,513 (31%)
Cap Rate
****%
4.23%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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