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12116 Lake Blvd, Redding, CA, 96003

2beds
1baths
976sqft
$125,000
$128price/sqft
$1,215/moest. monthly cost
$48,600/yrincome needed

About This Home

Opportunity Awaits in Redding! Currently this property can be a commercial or residential property. The framing for the trusses and the roof were both recently replaced in the past year, also it has new interior drywall installed, and has an existing shower and utility setup, much of the groundwork has already begun. Bring your contractor and imagination to transform this space. The county would like to see installation of a fire suppression system, installation of solar. The property's layout provides flexibility for reconfiguration, making it ideal for investors, flippers, or buyers looking to build sweat equity. This is your chance to create value in a growing North State community.

Getting Around

4
WalkingCar-Dependent
16
TransitMinimal Transit
47
BikeSomewhat Bikeable

Schools

5/10
9/10
5/10
Shasta LakeGrades K-83.2 mi

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 976
  • Total interior livable area: 976 sqft

Property

Details

  • Parcel number: 064340005000

Features

  • Levels: One
  • Pool features: None
  • Has view: Yes
  • View description: Filter

Lot

  • Lot size: 5,227 sqft
  • Features: Level,City Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Wildfire
Earthquake
Inland Flooding
Winter Weather

FEMA Declared Disasters in Shasta County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $632$7,584
Home Insurance *$67$804
Property Taxes $118$1,416
Electricity $398$4,786
Total$1,215$14,580
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$41,657/yr
40% on housing$36,450/yr
45% on housing$32,400/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.6%
16.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$128This listing

vs Other Active Listings

Avg $/sqft

ZIP 96003$160
Shasta County$234

vs Homes Sold Last Month

Median $/sqft

ZIP 96003$243
Shasta County$242

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-03Price change$125,000
2026-02-24Listed for sale$149,900
2024-12-12Sold$111,000
2024-11-16Pending sale$126,000
2024-08-07Price change$126,000
2024-07-09Listed for sale$131,000
2024-07-03Listing removed--
2024-06-10Price change$131,000
2024-04-24Price change$134,000
2024-03-25Price change$143,000
2024-03-01Listed for sale$153,000
2024-02-28Contingent$153,000
2024-02-27Pending sale$153,000
2024-02-15Listed for sale$153,000
2021-10-25Sold$128,500
2021-06-30Price change$130,000
2021-06-22Price change$135,000
2021-06-17Price change$145,000
2021-05-31Price change$150,000
2021-05-15Price change$155,000
2021-05-03Listed for sale$160,000

For Sale by Agent

AgentDan Metz
BrokerageJosh Barker Real Estate

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