NOT LISTED FOR SALE

1108 E Central Ave Redlands, CA 92374

North Redlands Neighborhood

Estimated Value: $530,000 - $706,000

5 Beds
2 Baths
2,162 Sq Ft
$283/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $300,000 $139 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,508/month

10 Days on Market

Highlights

  • Private Yard
  • Crafton Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2016

Great investment opportunity. 2 separate units on one lot. Located near University of Redlands with great opportunity to rent to University students. Main front unit is a 3 bedroom, 1 full bathroom with inside laundry, and an office. Back unit is 2 bedrooms, 1 bathroom with plenty of parking available, and easy access to freeway. In need of TLC. Buyer to verify all information.

Last Agent to Sell the Property

Raul Acuna

REDFIN CORPORATION License #01708572 Listed on: 10/20/2016

REDFIN CORPORATION

Last Buyer's Agent

Raul Acuna

REDFIN CORPORATION License #01708572 Listed on: 10/20/2016

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 7,500 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • 2,162 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 84
  • Assessor Parcel Number 0170251030000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,740
  • Insurance Expense $1,715
  • Trash Expense $609
  • Water Sewer Expense $609
  • New Taxes Expense $3,300
  • Gross Income $30,000
  • Net Operating Income $21,775

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 609.00
  • Property Type: Residential Income
  • Parcel Number: 0170251030000
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 138.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 609.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7500.00

Multi Family

  • Electric Expense: 1740.00
  • Gross Income: 30000.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1715.00
  • Net Operating Income: 21775.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 8225.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Census Tract: 84.04
  • Tax Lot: 1
  • Tax Tract Number: 84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2025
Sold by
Fong Simon C and Fong Ching L
Bought by
Ching L Simon Fong And Miranda A Trinh Fong R and Fong
Current Estimated Value
$612,660

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 1, 2016
Sold by
French Roy Dee
Bought by
Fong Simon C and Fong Miranda Ann Trinh
Seller's Agent
Raul Acuna
REDFIN CORPORATION
Buyer's Agent
Raul Acuna
REDFIN CORPORATION
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.18%
Original Mortgage
$210,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1995
Sold by
Rose Elaine Wagner
Bought by
French George Dee and French Helen Jeanette

Purchase Details

Closed on
Sep 7, 1995
Sold by
Franks Pauline R
Bought by
French George Dee and French Helen Jeanette

Purchase Details

Closed on
Oct 14, 1994
Sold by
Franks Pauline R
Bought by
French George Dee and French Helen Jeanette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ching L Simon Fong And Miranda A Trinh Fong R -- None Listed On Document
Fong Simon C $300,000 Orange Coast Co Of So Cal
French George Dee $5,500 Commonwealth Land Title Co
French George Dee $11,000 Commonwealth Land Title Co
French George Dee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fong Simon C $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $300,000 0.0% $139 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $299,900 -- $139 / 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 $4,042 $343,531 $110,255 $233,276
2024 $4,042 $336,795 $108,093 $228,702
2023 $4,037 $330,192 $105,974 $224,218
2022 $3,979 $323,718 $103,896 $219,822
2021 $4,051 $317,371 $101,859 $215,512
2020 $3,992 $314,117 $100,815 $213,302
2019 $3,881 $307,958 $98,838 $209,120
2018 $3,786 $301,920 $96,900 $205,020
2017 $3,754 $296,000 $95,000 $201,000
2016 $386 $31,084 $5,409 $25,675
2015 $383 $30,617 $5,328 $25,289
2014 $376 $30,018 $5,224 $24,794
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Raul Acuna

    REDFIN CORPORATION

    Raul Acuna
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16729864

California Regional Multiple Listing Service (CRMLS)

APN: 0170-251-03

California San Bernardino County Redlands 92374 North Redlands

1108 E Central Ave, Redlands, CA

Not Listed for Sale

MultiFamily

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