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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Apartment buildings
1576 Chestnut St Redding, CA 96001-1655
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2740347
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1937
Construction
WOOD
Total area
5,952 SF
Lot
0.24 ac (10,454 SF)
APN
105-450-050-000
UPID
US10-2740347
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$800k
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Icb Family Trust · 6 yrs held
Icb Family Trust
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$800,000
ML approach
$800,000
CAP Approach
CAP Return
Estimation
6%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1.04M (Feb 10 2020)
Last sale anchor
$1.04M
Feb 10 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$157 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,853
Tax year 2024
Assessed value
$1,113,503
Assessed 2024
Previous assessed
$1,113,503
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$214,439
Assessed improvement
$899,064
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1937
Construction
WOOD
Heating
NONE
Stories
3
Units
2
Rooms
36
Bathrooms
12
Total area
5,952 SF
Lot
0.24 ac (10,454 SF)
APN
105-450-050-000
UPID
US10-2740347
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1937
Construction
WOOD
Heating
NONE
Stories
3
Units
2
Rooms
36
Bathrooms
12
Lot
0.24 ac
Current owner
From public records · entity-resolved
Icb Family Trust
Trust
Mailing address
9682 VIA EXCELENCIA STE #102, SAN DIEGO, CA 92126-7506
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2020
$1,038,500
Icb Family Trust
Garrett J & S 2011 Trust O
Grant Deed
$170,000 · Garrett Jeff & Susan Tr (pt)
Feb 10, 2020
—
Icb Family Trust
—
Deed
related
$3,364 · Gregg Titoni
Jun 25, 2015
—
Garrett,jeff & S 2011 Trust
Garrett Jeff
Quit Claim Deed
related
—
Jul 1, 2014
—
Mike Garrett
Garrett,katie
Quit Claim Deed
related
—
Jul 1, 2014
$670,000
Jeff Garrett
Gregg Titoni
Grant Deed
$618,024 · Gregg Titoni
Feb 13, 2002
$206,000
Gregg Titoni
Batman,daniel L & Treycee M
Grant Deed
$206,000 · Daniel L & Treycee M Batman
Jun 14, 1996
—
Daniel L Batman
Batman,daniel L
Quit Claim Deed
related
—
Jun 14, 1996
$1,500
Batman,daniel L & Treycee M
Munoz,jeff P
Trustees Deed
related
—
Mar 21, 1996
—
Daniel L Batman
Munoz,wendy L
Grant Deed
related
—
Dec 30, 1993
—
Daniel L Batman
Batman,treycee
Quit Claim Deed
related
$20,000 · Individual
Jul 21, 1993
$275,000
Daniel L Batman
Maddelein Trust
Grant Deed
$73,000 · Maddelein Trust
—
—
Jeff Garrett
—
Loan Modification
related
$189,100 · Redding City (ca)
—
—
Icb Family Trust
—
Loan Modification
related
$3,364 · Gregg Titoni
—
—
Gregg Titoni
—
Deed Of Trust
related
$189,000 · Redding City (ca)
—
—
Gregg Titoni
—
Deed Of Trust
related
$189,100 · Redding City (ca)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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