NOT LISTED FOR SALE

Estimated Value: $754,000 - $875,000

6 Beds
5 Baths
2,900 Sq Ft
$287/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $630,000 $217 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,756/month

40 Days on Market

Highlights

  • Open Floorplan
  • Living Room Balcony
  • Laundry Room
  • Citrus Valley High School Rated A
  • Security Service
  • Dressing Area

About This Home

As of November 2022

Opportunity Knocks for this Triplex!! Central Location in Redlands and Close to University of Redlands. Front down stairs unit is a 2 Bedroom and 2 bath with a small Patio. One unit upstairs is 2 Bedroom 2 Bath with a small balcony. The other upstairs Unit D is 2 Bedroom 1 Full bath with large family room dining room combo that opens to a walk out balcony. 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. Moments away from Downtown Orange street with new retail, amenities and good freeway access. HOA covers trash and landscaping and maintenance.

Last Agent to Sell the Property

Candice Lewis

RE/MAX ADVANTAGE License #01333069 Listed on: 09/02/2022

RE/MAX ADVANTAGE

Last Buyer's Agent

Escrow Joe

RE/MAX ADVANTAGE License #01332311

RE/MAX ADVANTAGE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 9,240 Sq Ft Lot
  • Two or More Common Walls
  • Redwood Fence
  • Fence is in average condition
  • No Landscaping
  • Level Lot

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • Triplex
  • Planned Development
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Blinds
  • Living Room Balcony

Kitchen

  • Free-Standing Range
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Dressing Area
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 21
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167262050000
  • $2,238 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • Mountain View Association
  • Maintained Community

Building Details

  • 1 Leased Unit
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • Laundry Facilities
  • Security Service

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$475 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Well Report: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0167262050000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Living Room Balcony, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 217.24
  • Room Type: Dressing Area, Kitchen
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Redwood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Paved, Garage
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Other, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Security
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, No Landscaping
  • Lot Size Sq Ft: 9240.00
  • Lot Size Acres: 0.2121

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Lot Size Area: 9240.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Number With Carpet: 3
  • Number With Disposal: 3
  • Number With Patio: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Rent Control: No

Tax Info

  • Tax Census Tract: 80.03
  • Tax Lot: 21
  • Tax Tract Number: 10141
  • TaxOtherAnnualAssessmentAmount: 2238.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Oct 19, 2022
Sold by
Addison Jerry L and Addison Fannie L
Bought by
Juarez Family Revocable Living Trust
Seller's Agent
Candice Lewis
RE/MAX ADVANTAGE
Buyer's Agent
Escrow Joe
RE/MAX ADVANTAGE
List Price
$7,499,900
Sold Price
$630,000
Premium/Discount to List
-$6,869,900
-91.6%
Views
31
Current Estimated Value
$888,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,000
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Mar 3, 2006
Sold by
Castillo Juan C
Bought by
Addison Jerry L and Addison Fannie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
7.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2003
Sold by
Castillo Juan C
Bought by
Castillo Juan C and Addison Jerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
5.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 18, 2003
Sold by
Discenza Courtney
Bought by
Castillo Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
5.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 7, 2002
Sold by
Porter Allen D
Bought by
Discenza Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.89%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 4, 2002
Sold by
Porter Wendy P
Bought by
Porter Allen D

Purchase Details

Closed on
Jan 2, 2002
Sold by
Associates First Capital Corp
Bought by
Porter Allen D

Purchase Details

Closed on
Jul 24, 2001
Sold by
Lindsey David and Lindsey Penny
Bought by
Associates Financial Services Co Inc

Purchase Details

Closed on
Sep 25, 1998
Sold by
California Federal Bank
Bought by
Lindsey David and Lindsey Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
9.5%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Polzin Gerald Keith
Bought by
Glendale Federal Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Juarez Family Revocable Living Trust $630,000 --
Addison Jerry L -- Equity Title Company
Castillo Juan C -- --
Castillo Juan $323,000 Gateway Title
Discenza Courtney $250,000 Lawyers Title Company
Porter Allen D -- Lawyers Title Company
Porter Allen D $145,500 Lawyers Title Company
Associates Financial Services Co Inc $119,000 United Title Company
Lindsey David $230,000 Northern Counties Title Co
Glendale Federal Bank Fsb $114,151 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Addison Jerry L $369,000
Previous Owner Castillo Juan $64,600
Previous Owner Castillo Juan $258,400
Previous Owner Discenza Courtney $50,000
Previous Owner Discenza Courtney $200,000
Previous Owner Lindsey David $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2022 11/01/22 Sold $630,000 -16.0% $217 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $749,900 -90.0% $259 / Sq Ft
10/04/2022 10/04/22 Price Changed $7,499,900 0.0% $2,586 / Sq Ft
10/04/2022 10/04/22 For Sale $7,499,900 +1090.5% $2,586 / Sq Ft
10/01/2022 10/01/22 Off Market $630,000 -- --
09/02/2022 09/02/22 For Sale $899,900 -- $310 / 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 $7,644 $655,452 $135,252 $520,200
2024 $7,644 $642,600 $132,600 $510,000
2023 $7,635 $630,000 $130,000 $500,000
2022 $10,629 $875,680 $128,776 $746,904
2021 $10,823 $858,510 $126,251 $732,259
2020 $10,662 $849,707 $124,956 $724,751
2019 $10,363 $833,046 $122,506 $710,540
2018 $10,105 $816,712 $120,104 $696,608
2017 $10,020 $800,698 $117,749 $682,949
2016 $9,907 $784,998 $115,440 $669,558
2015 $9,834 $773,207 $113,706 $659,501
2014 $9,656 $758,061 $111,479 $646,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22186066

California Regional Multiple Listing Service (CRMLS)

APN: 0167-262-05