550 Parsons Dr
Redding, CA 96002
- 3 Beds
- 3.5 Baths
- 1,040 sqft (on 0.39 acres)
3 Beds
3.5 Baths
1,040 sqft
(on 0.39 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1972
Lot Size
0.39 acres
Living Area
1,040 sqft
Price/Sqft
$557/sqft
HOA
None
About this House
Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.
550 Parsons Dr, Redding, CA 96002 is a 3 bedroom, 4 bathroom, 1,040 sqft single-family home built in 1972. It last sold for the $579,000 asking price on Mar 6, 2026. More recently, it was listed as a rental in December 2025 with an asking price of $1,595 per month. That rental listing was removed on December 22, 2025. It is currently off market. The Trulia Estimate is $578,800, with a rent estimate of $1,773/month.
Home Details for 550 Parsons Dr
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1040 Square Feet |
Heating & Cooling Heating: Forced AirHas CoolingHas HeatingHeating Fuel: Forced Air |
Gas & Electric No Electric on Property |
Levels, Entrance, & Accessibility Levels: One |
View No ViewView: None |
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Exterior Home Features Roof: CompositionFoundation: RaisedNo Private Pool |
Parking & Garage Parking: Off Street |
Pool Pool: None |
Frontage Road Surface Type: GravelNot on Waterfront |
Water & Sewer Sewer: Sewer |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional |
Building Construction Materials: Wood Siding |
Property Information Parcel Number: 107490011000 |
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Price List Price: $579,000Price Per Sqft: $557/sqft |
Status Change & Dates Off Market Date: Fri Mar 06 2026Possession Timing: Arrange |
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MLS Status: Closed |
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Direction & Address City: Redding |
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Building Area Building Area: 1040 Square Feet |
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No HOA |
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Lot Area: 0.39 acres |
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Listing Terms: Conventional, Cash, FHA/VA, FHA, VA Loan |
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Mls Number: 25-5273 |
Last check for updates: about 7 hours ago
Listed by Kevin Rhoderick, (530) 515-3761
eXp Realty of California, Inc.
Bought with: Valentin Alba, (530) 524-8217, Wahlund & Co. Realty Group
Source: SMLS, MLS#25-5273

Price History for 550 Parsons Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 03/06/2026 | $579,000 | Sold | SMLS #25-5273 |
| 01/28/2026 | $579,000 | Pending | SMLS #25-5273 |
| 12/22/2025 | $1,595 | ListingRemoved | Zillow Rentals |
| 12/16/2025 | $1,595 | Listed For Rent | Zillow Rentals |
| 12/03/2025 | $579,000 | Listed For Sale | SMLS #25-5273 |
| 11/05/2024 | $539,000 | Sold | SMLS #24-3242 |
| 09/26/2024 | $549,900 | Pending | SMLS #24-3242 |
| 07/25/2024 | $549,900 | Listed For Sale | SMLS #24-3242 |
| 10/01/2008 | $295,000 | Sold | N/A |
Market trends in Redding
Last updated June 2026
Avg. sale price
$400K
$4.17KMoM
Sale-to-List Price
100.0%
Price per sq ft
$251
$3MoM
Available listings
425
41MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,957 |
| Assessment | $539,000 |
Home facts updated by county records
Comparable Sales for 550 Parsons Dr
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.34 | Single-Family Home | $341,000 | 06/22/26 | 3 | 2 | 1,248 | |
0.34 | Single-Family Home | $270,000 | 12/02/25 | 3 | 2 | 1,263 | |
0.41 | Single-Family Home | $195,000 | 02/03/26 | 3 | 3 | 1,299 | |
0.37 | Single-Family Home | $267,856 | 05/19/26 | 3 | 2 | 1,161 | |
0.58 | Single-Family Home | $400,000 | 11/04/25 | 3 | 2.5 | 1,870 | |
0.45 | Single-Family Home | $373,000 | 05/28/26 | 3 | 2 | 1,744 | |
0.37 | Single-Family Home | $284,000 | 04/02/26 | 3 | 2 | 936 | |
0.55 | Single-Family Home | $415,000 | 10/07/25 | 3 | 2 | 1,558 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 550 Parsons Dr.
What Locals Say about Redding
At least 633 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
Apartments for Rent
Homes for sale near 550 Parsons Dr
Off Market Homes Near 550 Parsons Dr
Frequently asked questions about 550 Parsons Dr
- What is 550 Parsons Dr estimated to be worth?Trulia's estimated value for 550 Parsons Dr in Redding, CA is $578,800.
- What is the price history for 550 Parsons Dr?550 Parsons Dr in Redding, CA last sold for $579,000 in March 2026.
- Is Redding a buyer's or seller's market?Redding is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Redding?The median sale price in Redding is $400K. That is up $4.17K from the prior month.
- Does 550 Parsons Dr have air conditioning?Yes, 550 Parsons Dr in Redding, CA has air conditioning.
- How big is the lot at 550 Parsons Dr?The lot at 550 Parsons Dr in Redding, CA is about 0.39 acres (16,988 sq ft).

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