NOT LISTED FOR SALE

1002 Post St Redlands, CA 92374

North Redlands Neighborhood

Estimated Value: $995,680 - $1,143,000

8 Beds
4 Baths
4,008 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 20, 2015

Last sale price $480,000 $120 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,110/month

93 Days on Market

Highlights

  • Fishing
  • Mountain View
  • Tile Flooring
  • Redlands East Valley High School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of March 2015

Single Story Four Unit Apartment Building with no HOA fees. All four units have separate gas and electric meters. Each unit features 2 bedrooms, 1 bath, with new plumbing, roof, windows, flooring, kitchens and bathrooms. Convenient location near downtown and the University of Redlands. No homeowners association.

Last Agent to Sell the Property

Nathan Diones

REGIONCY REAL ESTATE License #01767311 Listed on: 12/17/2014

Last Buyer's Agent

Raul Alejos

M G R REAL ESTATE License #01488335

M G R REAL ESTATE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Common Roof

Interior Spaces

  • 4,008 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Gas Range
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 234
  • Tax Tract Number 1287
  • Assessor Parcel Number 0169091040000

Community Details

Recreation

  • Fishing

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $828
  • Trash Expense $840
  • Water Sewer Expense $3,000
  • New Taxes Expense $5,938
  • Gross Income $3,593
  • Net Operating Income $28,554

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0169091040000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 119.76

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Trash Expense: 840.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 11103.00
  • Lot Size Acres: 0.2550

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3593.00
  • Gross Scheduled Income: 43116.00
  • Insurance Expense: 828.00
  • Lot Size Area: 11103.0000 Square Feet
  • Net Operating Income: 28554.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12406.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 3593.00
  • Vacancy Allowance Rate: 5.00
  • Waterfront Features: Fishing in Community

Tax Info

  • New Taxes Expense: 5938.00
  • Tax Lot: 234
  • Tax Tract Number: 1287
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2024
Sold by
Yang Fuyuan
Bought by
Redlands 909 Statutory Trust and Vermilion Bird Llc
Current Estimated Value
$1,061,670

Purchase Details

Closed on
Aug 13, 2021
Sold by
Fuyuan Yang
Bought by
Fuyuan Yang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2014
Closed on
Mar 20, 2015
Sold by
Gu Xiaona
Bought by
Yang Fuyuan
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Raul Alejos
M G R REAL ESTATE
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$360,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2014
Closed on
Feb 23, 2015
Sold by
Trejo Jose Ponciano
Bought by
Yang Fuyuan
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Raul Alejos
M G R REAL ESTATE
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Trejo Maria E
Bought by
Trejo Jose Ponciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2011
Sold by
Citibank N A
Bought by
Inland Asset Management Llc

Purchase Details

Closed on
Aug 4, 2011
Sold by
Lee Clinton G
Bought by
Citibank N A

Purchase Details

Closed on
Jan 30, 2002
Sold by
Web Service Company Inc
Bought by
Montes Noel Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
6.94%

Purchase Details

Closed on
Dec 4, 2001
Sold by
Montes Noel Augusto
Bought by
Lee Clinton G and Lee Maria Sonia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
6.94%

Purchase Details

Closed on
Oct 23, 2000
Sold by
Montes Noel Augusto
Bought by
Montes Noel Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
11.27%

Purchase Details

Closed on
Feb 1, 2000
Sold by
Bankers Trust Company
Bought by
Montes Noel Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.26%

Purchase Details

Closed on
Dec 17, 1999
Sold by
Tallman Leroy A
Bought by
United Panam Mtg Loan Trust 1991-1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
8.26%

Purchase Details

Closed on
Sep 4, 1998
Sold by
Tallman Araceli
Bought by
Tallman Leroy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.87%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Hermann Steven T
Bought by
Tallman Leroy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.87%

Purchase Details

Closed on
Nov 7, 1997
Sold by
Kurnick Nathaniel B & Dorothy Trust and John
Bought by
Hermann Steven T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,285,000
Interest Rate
7.3%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Redlands 909 Statutory Trust -- None Listed On Document
Redlands 909 Statutory Trust -- None Listed On Document
Fuyuan Yang -- Stewart Title
Yang Fuyuan -- Stewart Title Company
Yang Fuyuan $480,000 Stewart Title Company
Trejo Jose Ponciano -- Netco Title Company
Trejo Jose Ponciano $345,000 Netco Title Company
Inland Asset Management Llc $157,500 Lsi Title Company Inc
Citibank N A $616,158 Servicelink
Montes Noel Augusto -- United Title Company
Montes Noel Augusto -- United Title Company
Lee Clinton G $265,000 Stewart Title
Montes Noel Augusto -- Old Republic Title Company
Montes Noel Augusto $166,500 First American Title
United Panam Mtg Loan Trust 1991-1 $130,500 American Title
Tallman Leroy A -- North American Title Co
Tallman Leroy A $300,000 North American Title Co
Hermann Steven T $1,475,000 North American Title Co
Kurnick John -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuyuan Yang $630,000
Previous Owner Yang Fuyuan $360,000
Previous Owner Trejo Jose Ponciano $258,750
Previous Owner Lee Clinton G $251,750
Previous Owner Montes Noel Augusto $182,750
Previous Owner Montes Noel Augusto $166,500
Previous Owner Tallman Leroy A $195,000
Previous Owner Hermann Steven T $1,285,000
Closed Tallman Leroy A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $480,000 -2.0% $120 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $489,900 -- $122 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,769 $576,887 $115,377 $461,510
2024 $6,769 $565,576 $113,115 $452,461
2023 $6,761 $554,486 $110,897 $443,589
2022 $6,664 $543,614 $108,723 $434,891
2021 $6,785 $532,955 $106,591 $426,364
2020 $6,685 $527,490 $105,498 $421,992
2019 $6,499 $517,147 $103,429 $413,718
2018 $6,339 $507,007 $101,401 $405,606
2017 $6,286 $497,066 $99,413 $397,653
2016 $6,216 $487,320 $97,464 $389,856
2015 $4,577 $353,490 $61,476 $292,014
2014 -- $346,566 $60,272 $286,294
Source: Public Records

Agents Affiliated with this Home

  • Nathan Diones

    Seller's Agent in 2015

    Nathan Diones

    REGIONCY REAL ESTATE

    (909) 709-3781

    25 Total Sales

    Nathan Diones
    Section Image
  • Raul Alejos

    Buyer's Agent in 2015

    Raul Alejos

    M G R REAL ESTATE

    (909) 556-3293

    1 Total Sale

    Raul Alejos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14259756

California Regional Multiple Listing Service (CRMLS)

APN: 0169-091-04

California San Bernardino County Redlands 92374 North Redlands

1002 Post St, Redlands, CA

Not Listed for Sale

MultiFamily

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