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3588 Magnums Way, Redding, CA, 96003

3beds
2baths
1,510sqft
$347,000
$230price/sqft
$2,504/moest. monthly cost
$100,160/yrincome needed

About This Home

Flooded with natural light from upgraded windows and sliding doors, this home feels bright and inviting. Vaulted ceilings add to the open, airy atmosphere, while cozy window seats make the perfect reading nook. Step outside to a covered patio with water-wise landscaping and wiring ready for a hot tub—an ideal space to relax and entertain. The primary suite includes a generous walk-in closet, giving you plenty of storage. A rare opportunity to own a home that blends comfort, charm, and functionality.

Getting Around

44
WalkingCar-Dependent
17
TransitMinimal Transit
54
BikeBikeable

Schools

5/10
9/10

Construction

Condition

  • Year built: 1988

Materials

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

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Breakfast Bar,High Speed Internet
  • Window features: Double Pane Windows
  • Flooring: Laminate,Tile

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 1,510
  • Total interior livable area: 1,510 sqft

Property

Details

  • Parcel number: 114230004000
  • Special condition: Short Sale

Features

  • Levels: One
  • Pool features: None
  • Has view: Yes
  • View description: Open,Park/Greenbelt

Lot

  • Lot size: 0.59 Acres
  • 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

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding
Wildfire

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 $1,754$21,048
Home Insurance *$188$2,256
Property Taxes $164$1,968
Electricity $398$4,786
Total$2,504$30,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,851/yr
40% on housing$75,120/yr
45% on housing$66,773/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

$230This listing

vs Other Active Listings

Avg $/sqft

ZIP 96003$158
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
2026-05-01Listed for sale$347,000
2026-03-23Contingent$354,000
2026-02-10Price change$354,000
2026-01-05Price change$359,900
2025-08-21Listed for sale$379,900
2023-04-18Sold$355,000
2023-03-17Listed for sale$355,000
2022-11-10Listing removed--
2022-10-28Listed for sale$355,000
2022-10-18Pending sale$355,000
2022-09-26Price change$355,000
2022-07-01Price change$377,500
2022-06-24Listed for sale$389,900
1997-06-03Sold$77,000

For Sale by Agent

AgentRon L Davis
BrokerageWahlund & Co. Realty Group

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