1562 Purple Way
Redding, CA 96003
3 bd 2 ba 1,952 sqft Built 1994 Lot 10,454 sqft single_family
Most recent sale
$454,000
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 16, 2025 | Sold | $460,000 | Public Record |
| May 26, 2022 | Sold | $454,000 | MLS #22-1755 |
| Apr 11, 2022 | Listed | $459,000 | MLS #22-1755 |
| Dec 22, 2008 | Sold | $245,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $423,421 | $58,366 | $481,787 | $4,994 |
| 2024 | $423,421 | $58,366 | $481,787 | $4,923 |
| 2023 | $406,980 | $56,100 | $463,080 | $4,947 |
| 2022 | $223,133 | $103,138 | $326,271 | $3,435 |
| 2021 | $218,758 | $101,116 | $319,874 | $3,410 |
| 2020 | $216,515 | $100,080 | $316,595 | $3,384 |
| 2019 | $212,270 | $98,118 | $310,388 | $3,305 |
| 2018 | $208,108 | $96,195 | $304,303 | $3,330 |
| 2017 | $204,028 | $94,309 | $298,337 | $3,371 |
| 2016 | $174,048 | $92,460 | $266,508 | $2,870 |
| 2015 | $185,000 | $50,000 | $235,000 | $2,528 |
| 2014 | $175,000 | $40,000 | $215,000 | $2,297 |
| 2013 | $140,000 | $40,000 | $180,000 | $1,884 |
| 2012 | $130,000 | $40,000 | $170,000 | $1,765 |
| 2011 | $135,000 | $40,000 | $175,000 | $1,869 |
| 2010 | $135,000 | $60,000 | $195,000 | $2,048 |
| 2009 | $160,000 | $85,000 | $245,000 | $2,547 |
| 2008 | $120,196 | $38,356 | $158,552 | $1,653 |
| 2007 | $117,840 | $37,604 | $155,444 | $1,612 |
Property facts
Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,952 sqft
Lot size
10,454 sqft
ZIP code
96003
City
Redding
Street
Purple Way
Coordinates
40.58450, -122.32177
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,724
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 1562 Purple Way last sell?
1562 Purple Way most recently sold on May 26, 2022 for $454,000.
What is the current tax assessment for 1562 Purple Way?
The most recent total assessment for 1562 Purple Way (year 2025) is $481,787 with $4,994 in property tax.
How does 1562 Purple Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $454,000.
When was 1562 Purple Way built?
1562 Purple Way was built in 1994.
How does 1562 Purple Way compare to others on Purple Way?
We track 8 other properties on Purple Way. Browse the list under "Other properties on Purple Way" to compare beds, baths, and sale history.
What are the property facts for 1562 Purple Way?
1562 Purple Way is a 3 bed, 2 bath, 1,952 sqft, 10,454 sqft lot single_family.
Is 1562 Purple Way a flip candidate?
No — 1562 Purple Way does not appear in our flips dataset.
Is 1562 Purple Way a tax-appeal candidate?
No — 1562 Purple Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.5%
2026 Q3
$324.5K
2026 Q4
$320.6K
ZIP 96003 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Purple Way