$489,700
- Studio
2962 Lanning Ave, Redding, CA 96001
Est. Refi. Payment $2,967/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 29, 2024 for $485,000
Home Value
Trulia Estimate
$490KSince last month
$200 (0%)Since last year
Increased$1K (+0.2%)Since last sale
Increased$5K (+1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +99% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $490K |
| July 2026 | $490K |
| June 2026 | $487K |
| May 2026 | $495K |
| April 2026 | $484K |
| March 2026 | $486K |
| February 2026 | $469K |
| January 2026 | $474K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.68 | Multi-Family Home | $1,250,000 | 03/16/26 | 13 | - | - | |
0.65 | Multi-Family Home | $471,000 | 01/28/26 | - | - | ||
1.31 | Multi-Family Home | $750,000 | 11/26/25 | 8 | 7 | - | |
1.08 | Multi-Family Home | $685,000 | 09/10/25 | - | - | ||
1.37 | Multi-Family Home | $717,000 | 10/10/25 | 8 | 4 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $370,600 | Studio | - | - | Off Market | |
0.05 | $328,900 | 3 | 2 | 1,500 | Off Market | |
0.06 | $389,000 | 4 | 3 | - | For Sale | |
0.06 | $300,900 | 2 | 2 | 894 | Off Market | |
0.07 | $318,400 | 2 | 1.5 | 1,000 | Off Market | |
0.03 | $321,000 | 3 | 2.5 | 2,152 | Off Market | |
0.08 | $323,500 | 2 | 1.5 | 1,280 | Off Market | |
0.08 | $295,500 | 2 | 1.5 | - | Recently Sold | |
0.06 | $189,200 | 2 | 1 | 549 | Off Market | |
0.09 | $265,000 | 2 | 1.5 | 1,280 | Recently Sold | |
0.12 | $279,900 | 3 | 1 | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1943
Parking
Open Parking
About this House
TURN-KEY with an incredible investment return of 8% CAP Rate & over $49,000 in gross annual income.! Exceptional property offering 3 INCOME STREAMS with little to no maintenance and VERY LOW landlord expenses! This unique TRI-PLEX includes a spacious single-family home and a freshly RENOVATED Duplex, perfect for extended family or CASH FLOW. The single-family home has a open floor plan, featuring 3 generously sized bedrooms, a spacious bathroom, indoor laundry, private backyard & garage, PLUS a newer roof & HVAC. The duplex, meticulously redesigned from the studs, offers brand-new interiors and exteriors, complete with new Kitchens, New Bathrooms, New Floors, New Appliances, NEW AC units & a NEW roof. Don't miss this rare opportunity!
2962 Lanning Ave, Redding, CA 96001 is a studio multi-family built in 1943. It last sold for $485,000 on Aug 29, 2024 (2% below the $495,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $489,700, with a rent estimate of $1,387/month.
Last check for updates: about 1 hour ago
Listed by Nick Kerley, (530) 242-4114
Realty 110, Inc.
Kimberly A Moore, (530) 355-2538
Realty 110, Inc.
Bought with: Estephanie A Feeney, (530) 604-3951, Shasta Sotheby's International Realty
Source: SMLS, MLS#24-2229

Home Details for 2962 Lanning Ave
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Gas & Electric No Electric on Property |
Levels, Entrance, & Accessibility Stories: 1 |
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Parking & Garage Has Open ParkingParking: Off Street,On Street |
Frontage Not on Waterfront |
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Year Built Year Built: 1943 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 104230028000 |
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Price List Price: $495,000 |
Status Change & Dates Off Market Date: Thu Aug 29 2024Possession Timing: Arrange |
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MLS Status: Closed |
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Direction & Address City: Redding |
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Lot Area: 10454 sqft |
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Listing Terms: Cash, FHA/VA |
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Business Information Ownership: Seller |
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Mls Number: 24-2229 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 29, 2024 Source: SMLS #24-2229 | Sold | $485,000 |
Jul 28, 2024 Source: SMLS #24-2229 | Contingent | $495,000 |
Jul 17, 2024 Source: SMLS #24-2229 | PriceChange | $495,000 Price decreased by 1% |
Jul 10, 2024 Source: SMLS #24-2229 | PendingToActive | $499,000 |
Jul 3, 2024 Source: SMLS #24-2229 | Contingent | $499,000 |
May 21, 2024 Source: SMLS #24-2229 | Listed For Sale | $499,000 |
Sep 29, 2023 Source: SMLS #23-2922 | Sold | $262,500 |
Jul 22, 2023 Source: SMLS #23-2922 | Listed For Sale | $332,500 |
Sep 25, 2020 Source: SMLS #18-3628 | Sold | $166,500 |
Mar 18, 2019 Source: Agent Provided | ListingRemoved | $165,000 |
Mar 10, 2019 Source: Agent Provided | Pending | $165,000 |
Mar 6, 2019 Source: Agent Provided | PriceChange | $165,000 Price decreased by 17% |
Jan 25, 2019 Source: Agent Provided | PriceChange | $199,000 Price decreased by 5% |
Nov 24, 2018 Source: Agent Provided | PriceChange | $210,000 Price decreased by 7% |
Jun 22, 2018 Source: Agent Provided | Listed For Sale | $225,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $494,700 |
Home facts updated by county records
Market trends in Redding
Last updated July 2026
Avg. sale price
$397K
$3.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$254
$3MoM
Available listings
470
43MoM
Around this home
What Locals Say about Redding
At least 634 Trulia users voted on each feature.
89 % Say car is needed
87 % Say parking is easy
84 % Say it's dog friendly
82 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say there are sidewalks
58 % Say it's quiet
57 % Say kids play outside
55 % Say neighbors are friendly
55 % Say streets are well-lit
54 % Say there's wildlife
47 % Say people would walk alone at night
45 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
33 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
Frequently asked questions about 2962 Lanning Ave
- What is 2962 Lanning Ave estimated to be worth?Trulia's estimated value for 2962 Lanning Ave in Redding, CA is $489,700.
- What is the price history for 2962 Lanning Ave?2962 Lanning Ave in Redding, CA last sold for $485,000 in August 2024.
- Is Redding a buyer's or seller's market?Redding is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Redding?The median sale price in Redding is $397K. That is down $3.33K from the prior month.
- Does 2962 Lanning Ave have parking?Yes, 2962 Lanning Ave in Redding, CA has on-site parking.

