NOT LISTED FOR SALE

Estimated Value: $1,061,137 - $1,201,000

5 Beds
3 Baths
4,006 Sq Ft
$287/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $1,002,500 $250 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,105/month

17 Days on Market

Highlights

  • Park
  • Laundry Room
  • Front Yard
  • Citrus Valley High School Rated A
  • 4 Detached Carport Spaces

About This Home

As of April 2022

Central Location of Redlands and Close to University of Redlands.. Front unit is a 3 bedroom with a lovely fireplace, and the other 3 units are 2 bedrooms. Unit D has a wonderful balcony that is a great selling point for tenants. Each unit also comes with a 1 car garage and 1 reserved parking space making it convenient for your tenants. There is also laundry on-site that represents a revenue stream for the ownership.

Last Agent to Sell the Property

Chandra Kusmanto

Exp Realty of California Inc License #01714745 Listed on: 01/04/2022

Exp Realty of California Inc

Last Buyer's Agent

Stefano Vallazza

Exp Realty of California Inc License #01940019

Exp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,377

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Available
  • Single Garage Door

Home Design

  • Quadruplex

Interior Spaces

  • 4,006 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167263070000
  • $1,681 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Recreation

  • Park

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $165
  • Insurance Expense $1,500
  • Maintenance Expense $3,600
  • Water Sewer Expense $1,950
  • New Taxes Expense $11,237
  • Operating Expense $18,452
  • Gross Income $72,000
  • Net Operating Income $53,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,377

Year Built

Built in 1985

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 237000
  • Property Attached: No
  • Water Sewer Expenses: 1950.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0167263070000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 250.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage - Single Door
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 12004.00
  • Lot Size Acres: 0.2756

Multi Family

  • Electric Expense: 165.00
  • Gross Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 12004.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 53548.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 18452.00
  • Rent Control: No
  • Total Actual Rent: 6000.00
  • Total Expenses: 18452.00

Tax Info

  • New Taxes Expense: 11237.00
  • Tax Census Tract: 80.02
  • Tax Lot: 13
  • Tax Tract Number: 10141
  • TaxOtherAnnualAssessmentAmount: 1681.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Mar 29, 2022
Sold by
Heidi Kwok
Bought by
Yin Tong and Kan Carolyn
Seller's Agent
Chandra Kusmanto
Exp Realty of California Inc
Buyer's Agent
Stefano Vallazza
Exp Realty of California Inc
List Price
$948,000
Sold Price
$1,002,500
Premium/Discount to List
$54,500
5.75%
Current Estimated Value
$1,114,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,285
Avg. Annual Appreciation
2.48%
Original Mortgage
$735,000
Outstanding Balance
$693,895
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$395,277

Purchase Details

Closed on
Jul 23, 2018
Sold by
Kwok Heidi
Bought by
Ahcc Llc

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 6, 2018
Sold by
Selvakumar Nikhil
Bought by
Kwok Heidi
Seller's Agent
Kartik Subramaniam
ADHI Real Estate Incorporated
Buyer's Agent
Chandra Kusmanto
Exp Realty of California Inc
List Price
$609,000
Sold Price
$614,000
Premium/Discount to List
$5,000
0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$429,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 1, 2018
Sold by
Kan Alan
Bought by
Kwok Heidi
Seller's Agent
Kartik Subramaniam
ADHI Real Estate Incorporated
Buyer's Agent
Chandra Kusmanto
Exp Realty of California Inc
List Price
$609,000
Sold Price
$614,000
Premium/Discount to List
$5,000
0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,800
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2011
Sold by
Gallo Antonio and Gallo Guadalupe
Bought by
Selvakumar Nikhil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Rissaroo Llc
Bought by
Gallo Antonio and Gallo Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,550
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 18, 2004
Sold by
Tiedt John
Bought by
Rissaroo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2003
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tiedt John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,900
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2003
Sold by
Tiedt John
Bought by
Rissaroo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,900
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 5, 2002
Sold by
Petty James and Petty Margaret
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 13, 1999
Sold by
Ocean Place Llc
Bought by
Petty James and Petty Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
7.96%

Purchase Details

Closed on
Sep 17, 1999
Sold by
Bankers Trust Company
Bought by
Ocean Place Llc

Purchase Details

Closed on
May 27, 1999
Sold by
Loughnane Patrick V
Bought by
Amresco Residential Securities Corp Mtg

Purchase Details

Closed on
Aug 4, 1997
Sold by
Loughnane Maeve
Bought by
Loughnane Patrick V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
9%
Source: Public Records

Range of Values:

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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
Yin Tong $1,002,500 Chicago Title
Kwok Heidi -- Chicago Title
Kwok Heidi -- Chicago Title
Ahcc Llc -- None Available
Kwok Heidi $614,000 Wfg Title Company
Kwok Heidi -- Wfg Title Company
Selvakumar Nikhil $315,000 Orange Coast Title Co Of Sc
Gallo Antonio $670,000 Fidelity National Title Co
Rissaroo Llc -- Fidelity National Title Co
Tiedt John -- Fidelity National Title Co
Tiedt John $250,000 Equity Title Company
Rissaroo Llc $53,000 --
Federal Home Loan Mortgage Corporation $282,101 Landsafe Title
Petty James $340,000 Gateway Title Company
Ocean Place Llc $160,000 Benefit Land Title Company
Amresco Residential Securities Corp Mtg $215,000 Fidelity National Title Ins
Loughnane Patrick V -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yin Tong $735,000
Previous Owner Kwok Heidi $429,800
Previous Owner Selvakumar Nikhil $232,500
Previous Owner Gallo Antonio $529,550
Previous Owner Tiedt John $260,000
Previous Owner Tiedt John $210,900
Previous Owner Rissaroo Llc $210,900
Previous Owner Petty James $251,250
Previous Owner Ocean Place Llc $183,600
Previous Owner Loughnane Patrick V $221,250
Closed Loughnane Patrick V $14,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2022 04/01/22 Sold $1,002,500 +5.7% $250 / Sq Ft
01/21/2022 01/21/22 For Sale $948,000 -5.4% $237 / Sq Ft
01/10/2022 01/10/22 Off Market $1,002,500 -- --
01/04/2022 01/04/22 For Sale $948,000 +54.4% $237 / Sq Ft
03/08/2018 03/08/18 Sold $614,000 +0.8% $153 / Sq Ft
01/07/2018 01/07/18 For Sale $609,000 0.0% $152 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/20/2017 11/20/17 Price Changed $609,000 -0.1% $152 / Sq Ft
10/24/2017 10/24/17 For Sale $609,900 0.0% $152 / Sq Ft
12/11/2013 12/11/13 Rented $795 -11.2% --
12/11/2013 12/11/13 Under Contract -- -- --
08/20/2013 08/20/13 For Rent $895 +12.6% --
06/24/2013 06/24/13 Rented $795 -11.2% --
06/24/2013 06/24/13 Under Contract -- -- --
05/10/2013 05/10/13 For Rent $895 -- --
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 $12,377 $1,063,861 $212,242 $851,619
2024 $12,377 $1,043,001 $208,080 $834,921
2023 $12,363 $1,022,550 $204,000 $818,550
2022 $8,044 $658,332 $198,357 $459,975
2021 $8,190 $645,424 $194,468 $450,956
2020 $8,069 $638,806 $192,474 $446,332
2019 $7,844 $626,280 $188,700 $437,580
2018 $4,472 $354,685 $73,189 $281,496
2017 $4,435 $347,730 $71,754 $275,976
2016 $4,386 $340,912 $70,347 $270,565
2015 $4,354 $335,791 $69,290 $266,501
2014 $4,277 $329,214 $67,933 $261,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22001492

California Regional Multiple Listing Service (CRMLS)

APN: 0167-263-07