$577,200
- 3 Beds
- 3.5 Baths
- 1,040 sqft (on 0.39 acres)
550 Parsons Dr, Redding, CA 96002
Est. Refi. Payment $3,645/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 6, 2026 for $579,000
Home Value
Trulia Estimate
$577KSince last month
Decreased$300 (-0.1%)Since last year
Increased$58K (+11.2%)Since last sale
Decreased$900 (-0.2%)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 +181% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $578K |
| August 2026 | $578K |
| July 2026 | $576K |
| June 2026 | $575K |
| May 2026 | $576K |
| April 2026 | $575K |
| March 2026 | $580K |
| February 2026 | $564K |
| January 2026 | $565K |
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 |
|---|---|---|---|---|---|---|---|
0.34 | 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 | |
0.37 | 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 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 |
|---|---|---|---|---|---|---|
0.06 | $582,500 | 8 | 4 | 3,072 | Off Market | |
0.09 | $717,300 | 8 | 4 | - | Off Market | |
0.09 | $250,700 | 2 | 1 | 1,060 | Off Market | |
0.12 | $35,000 | 2 | 2 | 924 | Recently Sold | |
0.10 | $315,000 | 2 | 1 | - | For Sale | |
0.15 | $27,000 | 1 | 1 | 616 | Recently Sold | |
0.15 | $26,400 | 1 | 1 | 720 | Off Market | |
0.15 | $36,300 | 1 | 1 | 636 | Off Market | |
0.16 | $35,000 | 2 | 2 | - | Recently Sold | |
0.19 | $283,300 | 3 | 1 | 976 | Off Market | |
0.21 | - | Studio | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1972
0.39 acre lot
1,040 sqft
$557/sqft
About this House
What's unique:Central heat and airPrivate carportIndoor laundry hookups
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. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $577,200, with a rent estimate of $2,012/month.
Last check for updates: about 2 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

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 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 6, 2026 Source: SMLS #25-5273 | Sold | $579,000 |
Jan 28, 2026 Source: SMLS #25-5273 | Pending | $579,000 |
Dec 22, 2025 Source: Zillow Rentals | ListingRemoved | $1,595 |
Dec 16, 2025 Source: Zillow Rentals | Listed For Rent | $1,595 |
Dec 3, 2025 Source: SMLS #25-5273 | Listed For Sale | $579,000 |
Nov 5, 2024 Source: SMLS #24-3242 | Sold | $539,000 |
Sep 26, 2024 Source: SMLS #24-3242 | Pending | $549,900 |
Jul 25, 2024 Source: SMLS #24-3242 | Listed For Sale | $549,900 |
Oct 1, 2008 Source: N/A | Sold | $295,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | Unavailable | $549,780 |
Home facts updated by county records
Market trends in Redding
Last updated August 2026
Avg. sale price
$400K
$3KMoM
Sale-to-List Price
100.0%
Price per sq ft
$254
$1MoM
Available listings
474
3MoM
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 550 Parsons Dr
- What is 550 Parsons Dr estimated to be worth?Trulia's estimated value for 550 Parsons Dr in Redding, CA is $577,200.
- 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 buyer's 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 $3K 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).

