NOT LISTED FOR SALE
4 Beds
2 Baths
1,776 Sq Ft
0.53 Acre Lot

Sale Details

Date Sold: December 30, 2020

Last sale price $510,000 $287 Per Sq Ft

8 Days on Market

Highlights

  • 0.53 Acre Lot
  • No HOA
  • Fenced
  • Crafton Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2020

Are you looking to invest? Would you like to live in one unit and rent out the other? How about offsetting your existing mortgage with a tenant? This charming duplex is WALKING DISTANCE to the University of Redlands and is ready for its new owner to take over. Lot is approved for added units - up to 16 units allowed. Each unit is a 2 bed 1 bath. New solar panels installed approximately 4 months ago. Perfect for the University student year around. Don't wait on this one, it won't last!

Last Agent to Sell the Property

Lisa Duarte

LEGACY GROUP REALTY License #01514652 Listed on: 10/26/2020

Last Buyer's Agent

Lifang Xu

Walton Realty Inc. License #01889319

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 23,000 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,776 Sq Ft Home
  • Duplex
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry in unit
  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3 / M
  • Tax Tract Number 12
  • Assessor Parcel Number 0170251040000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $23,750
  • Net Operating Income $23,750

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0.53 Acres

Parking

3

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0170251040000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 287.16

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 23000.00
  • Lot Size Acres: 0.5280

Multi Family

  • Gross Income: 23750.00
  • Gross Scheduled Income: 24000.00
  • Lot Size Area: 23000.0000 Square Feet
  • Net Operating Income: 23750.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 250.00
  • Rent Control: No

Tax Info

  • Tax Block: M
  • Tax Census Tract: 84.04
  • Tax Lot: 3
  • Tax Tract Number: 12

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 26, 2020
Closed on
Nov 5, 2020
Sold by
Bought by
Seller's Agent
Lisa Duarte
LEGACY GROUP REALTY
Buyer's Agent
Lifang Xu
Walton Realty Inc.
List Price
$499,999
Sold Price
$510,000
Premium/Discount to List
$10,001
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 1998
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
-- Accommodation/Courtesy Recordi
$510,000 Lawyers Title
$90,000 Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $430,000
Previous Owner $306,000
Previous Owner $180,000
Previous Owner $92,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $510,000 +2.0% $287 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $499,999 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,745 $552,040 $216,487 $335,553
2025 $6,745 $541,216 $212,242 $328,974
2024 $6,298 $530,604 $208,080 $322,524
2023 $6,291 $520,200 $204,000 $316,200
2022 $6,323 $520,200 $153,000 $367,200
2021 $6,438 $130,350 $43,450 $86,900
2020 $1,670 $129,013 $43,004 $86,009
2019 $1,624 $126,484 $42,161 $84,323
2018 $1,585 $124,004 $41,334 $82,670
2017 $1,572 $121,573 $40,524 $81,049
2016 $1,555 $119,189 $39,729 $79,460
2015 $1,544 $117,398 $39,132 $78,266
2014 $1,517 $115,098 $38,365 $76,733
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20226452

California Regional Multiple Listing Service (CRMLS)

APN: 0170-251-04

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