$435,000
SOLD SEP 20, 2019

1023 Herald St Redlands, CA 92374

North Redlands Neighborhood
1 Bed
1 Bath
1,641 Sq Ft
6,521 Sq Ft Lot

Recently Sold

$265 Per Sq Ft

9% Below List Price

8 Days on Market

About This Home

As of December 2020

4 Unit Income Property

Last Agent to Sell the Property

Ramiro Quezada

Real Broker License #02055732 Listed on: 06/16/2019

Real Broker

Last Buyer's Agent

George Cardenas

Elevate Real Estate Agency License #01937063

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,230

Year Built

  • Built in 1917

Lot Details

  • 6,521 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,641 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $2,150
  • Net Operating Income $2,150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,230

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 265.08

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6521.00
  • Lot Size Acres: 0.1497

Multi Family

  • Average Studio Area: 600 Square Feet
  • Gross Income: 2150.00
  • Gross Scheduled Income: 2150.00
  • Lot Size Area: 6521.0000 Square Feet
  • Net Operating Income: 2150.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Rent Control: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Patel Bimal
Bought by
Patel Bimal V and The Patel Family Trust
Current Estimated Value
$860,167

Purchase Details

Listed on
Dec 18, 2020
Closed on
Nov 24, 2020
Sold by
Patel Shefali
Bought by
Patel Bimal
Seller's Agent
Casey Overholt
ALLIED PACIFIC PROPERTY MGMT.
Buyer's Agent
Casey Overholt
ALLIED PACIFIC PROPERTY MGMT.
Sold Price
$1,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 13, 2020
Sold by
Javed Samad
Bought by
Patel Bimal
Seller's Agent
TYLER HUNGERFORD
KELLER WILLIAMS RIVERSIDE CENT
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$650,000
Sold Price
$570,000
Premium/Discount to List
-$80,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 16, 2019
Closed on
Jul 29, 2019
Sold by
Stevens Nathaniel O and Stevens Betty A
Bought by
Javed Samad
Seller's Agent
Ramiro Quezada
Real Broker
Buyer's Agent
George Cardenas
Elevate Real Estate Agency
List Price
$479,990
Sold Price
$435,000
Premium/Discount to List
-$44,990
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.58%
Original Mortgage
$427,121
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2005
Sold by
Hinckley Bruce C
Bought by
Stevens Nathaniel O and Stevens Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $570,000 Fidelity National Title
Grant Deed $435,000 Usa National Title
Personal Reps Deed $420,000 Investors Title Co San Bern
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $427,500 New Conventional
Previous Owner $427,121 FHA
Previous Owner $378,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Rented $1,200 0.0% --
10/25/2021 10/25/21 Price Changed $1,200 -4.0% $2 / Sq Ft
10/14/2021 10/14/21 Price Changed $1,250 -3.5% $2 / Sq Ft
09/28/2021 09/28/21 For Rent $1,295 +1.6% --
02/12/2021 02/12/21 Rented $1,275 -3.8% --
01/29/2021 01/29/21 For Rent $1,325 +3.9% --
12/30/2020 12/30/20 Rented $1,275 0.0% --
12/18/2020 12/18/20 For Rent $1,275 0.0% --
12/11/2020 12/11/20 Sold $570,000 -2.6% $347 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/23/2020 09/23/20 Price Changed $585,000 -4.9% $356 / Sq Ft
09/05/2020 09/05/20 Price Changed $615,000 -1.6% $375 / Sq Ft
08/24/2020 08/24/20 Price Changed $625,000 -3.8% $381 / Sq Ft
07/20/2020 07/20/20 For Sale $650,000 +49.4% $396 / Sq Ft
09/20/2019 09/20/19 Sold $435,000 -9.4% $265 / Sq Ft
07/12/2019 07/12/19 For Sale $479,990 0.0% $292 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/16/2019 06/16/19 For Sale $479,990 -- $292 / 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 $7,230 $616,986 $108,243 $508,743
2024 $7,230 $604,889 $106,121 $498,768
2023 $7,222 $593,028 $104,040 $488,988
2022 $7,118 $581,400 $102,000 $479,400
2021 $7,247 $439,507 $101,036 $338,471
2020 $5,534 $435,000 $100,000 $335,000
2019 $6,467 $514,530 $98,007 $416,523
2018 $6,307 $504,441 $96,085 $408,356
2017 $6,255 $494,550 $94,201 $400,349
2016 $6,185 $484,853 $92,354 $392,499
2015 $6,140 $477,570 $90,967 $386,603
2014 $6,030 $468,215 $89,185 $379,030
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Casey Overholt

    ALLIED PACIFIC PROPERTY MGMT.

    (909) 794-8248

    1 in this area

    2 Total Sales

    Casey Overholt
    Section Image
  • TYLER HUNGERFORD

    Seller's Agent in 2020

    TYLER HUNGERFORD

    KELLER WILLIAMS RIVERSIDE CENT

    (951) 660-5981

    2 in this area

    134 Total Sales

    TYLER HUNGERFORD
    Section Image
  • Prashant Sampat

    Buyer's Agent in 2020

    Prashant Sampat

    Pacific Avenue Realty

    (562) 841-0227

    5 in this area

    219 Total Sales

    Prashant Sampat
    Section Image

  • R

    Seller's Agent in 2019

    Ramiro Quezada

    Real Broker

    Section Image
  • George Cardenas

    Buyer's Agent in 2019

    George Cardenas

    Elevate Real Estate Agency

    (562) 413-4431

    95 Total Sales

    George Cardenas
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV19142192

California Regional Multiple Listing Service (CRMLS)

APN: 0169-081-09

California San Bernardino County Redlands 92374 North Redlands

1023 Herald St, Redlands, CA

This home is located at 1023 Herald St, Redlands, CA 92374 and is currently priced at $435,000, approximately $265 per square foot. This property was built in 1917. 1023 Herald St is a home located in San Bernardino County with nearby schools including Franklin Elementary School, Moore Middle School, and Redlands East Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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