Ken Galasso
SIERRA REALTY FONTANA INC
(951) 749-9329
55 Total Sales
1 in North Redlands
$245,000 Price
1126 Cero Ct Redlands, CA 92374
North Redlands Neighborhood
8
Beds
8
Baths
4,224
Sq Ft
8,800
Sq Ft Lot
Highlights
- No HOA
- Crafton Elementary School Rated A-
- Front Yard
About This Home
As of December 2023Welcome to a unique investment opportunity in the vibrant city of Redlands, where historic charm meets modern comfort in this well-maintained 4-unit multi-family property. The generously sized Townhome style units with no one above you, offer 2 bed/ 1.5 bath in each unit, offering residents ample living space for relaxation and everyday activities. Contemporary kitchens with quartz countertops and new cabinets, well-appointed bathrooms, and updated flooring provide a comfortable and convenient environment for residents as well as a brand new roof installed within the last year. Each unit has their own single car garage, laundry connections and private patio to help ensure convenience for residents. Nestled in a quiet neighborhood, this property offers the perfect blend of privacy and community, making it an ideal choice for both investors and residents looking for a peaceful yet connected lifestyle. Prime Location situated in the heart of Redlands, walking distance from the University of Redlands, this multi-family property enjoys proximity to the city's bustling downtown, renowned schools, parks, and an array of dining and shopping options. Investors will appreciate the steady rental income and potential for growth in this high-demand area. Redlands is known for its strong rental market, making this property an attractive choice for those looking to expand their real estate portfolio. Don't miss your chance to be part of the Redlands community in this charming oasis!
Last Agent to Sell the Property
Pacific Avenue Realty License #01916221 Listed on: 11/03/2023
Last Buyer's Agent
Montry Carroll
CENTURY 21 MASTERS License #02157181
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 8,800 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 4 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 4,224 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 12
- Tax Tract Number 6932
- Assessor Parcel Number 0170251440000
- $831 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,800
- Trash Expense $1,920
- Water Sewer Expense $2,100
- Operating Expense $28,283
- Gross Income $90,480
- Net Operating Income $62,097
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
Jul 7, 2024
Sold by
Green Bobby
Bought by
Purchase Details
Listed on
Nov 3, 2023
Closed on
Nov 16, 2023
Sold by
Jrd Investment Group Llc
Bought by
Green Bobby
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Montry Carroll
CENTURY 21 MASTERS
List Price
$1,199,000
Sold Price
$1,252,500
Premium/Discount to List
$53,500
4.46%
Views
35
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$876,750
Interest Rate
7.44%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 24, 2023
Closed on
May 5, 2023
Sold by
Datwani Harry and Datwani Shivani
Bought by
Jrd Investment Group Llc
Seller's Agent
Raul Castaneda
Pacific Avenue Realty
Buyer's Agent
NONE NONE
None MRML
Sold Price
$1,895
Views
73
Purchase Details
Listed on
May 9, 2022
Closed on
Jun 29, 2022
Sold by
Meelker Jr Bernard H and Meelker Karen K
Bought by
Datwani Harry and Datwani Shivani
Seller's Agent
Patrick Campbell
Realty Masters & Associates
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$959,000
Sold Price
$885,000
Premium/Discount to List
-$74,000
-7.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
5.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 21, 2010
Sold by
Gonzalez Rafael
Bought by
Meelker Bernard H and Meelker Karen K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,375
Interest Rate
4.18%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2006
Sold by
Gonzalez Rafael
Bought by
Gonzalez Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Feb 8, 2006
Sold by
Shaheen Danny S
Bought by
Gonzalez Rafael and Gonzalez Silvia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Feb 7, 2003
Sold by
Shaheen Jennifer I
Bought by
Shaheen Danny S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.89%
Purchase Details
Closed on
Jan 21, 2003
Sold by
Murken Richard
Bought by
Shaheen Danny S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.89%
Purchase Details
Closed on
Feb 21, 2002
Sold by
Murken Richard
Bought by
Murken Richard and Khechoom Henrik
Purchase Details
Closed on
Dec 12, 2001
Sold by
California/Equicredit Corp
Bought by
Murken Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.15%
Purchase Details
Closed on
Jun 5, 2001
Sold by
Dupree Sandra
Bought by
California Equicredit Corp
Purchase Details
Closed on
Feb 1, 2000
Sold by
Chavan Kisan B
Bought by
Dupree Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,600
Interest Rate
10.9%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Redlands, CA
-
Ken Galasso
-
Laura Dandoy
Laura Dandoy
The Real Estate Resource Group
(626) 784-4821
257 Total Sales
2 in North Redlands
$742,000 Price Range
-
SHARMAYNE HUSBANDS
SHARMAYNE HUSBANDS
Mayne Choice Realty, Inc.
(909) 487-5379
96 Total Sales
1 in North Redlands
$325,000 Price
-
John Nolan
John Nolan
Manufactured Home Works
(424) 842-2654
34 Total Sales
3 in North Redlands
$210K - $305K Price Range
-
Luis Gomez
Luis Gomez
Top Producers Realty Partners
(626) 406-2173
38 Total Sales
2 in North Redlands
$440,000 Price Range
-
Hasaranga Ratnayake
Hasaranga Ratnayake
BEST PROPERTY MANAGEMENT & REA
(951) 877-5217
57 Total Sales
1 in North Redlands
$580,000 Price
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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| Green Bobby | $1,252,500 | Priority Title | |
| Jrd Investment Group Llc | -- | None Listed On Document | |
| Datwani Harry | $885,000 | Ticor Title | |
| Meelker Bernard H | $288,500 | Ticor Title Company | |
| Gonzalez Silvia | -- | Fidelity National Title Co | |
| Gonzalez Rafael | $610,000 | Fidelity National Title Co | |
| Shaheen Danny S | -- | Gateway Title | |
| Shaheen Danny S | $295,000 | Gateway Title | |
| Murken Richard | -- | Gateway Title | |
| Murken Richard | $165,000 | First American Title | |
| California Equicredit Corp | $149,900 | United Title | |
| Dupree Sandra | $182,500 | Commonwealth Land 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 |
|---|---|---|---|
| Previous Owner | $876,750 | ||
| Previous Owner | Datwani Harry | $663,750 | |
| Previous Owner | Meelker Bernard H | $216,375 | |
| Previous Owner | Gonzalez Silvia | $427,000 | |
| Previous Owner | Gonzalez Rafael | $91,500 | |
| Previous Owner | Shaheen Danny S | $100,000 | |
| Previous Owner | Shaheen Danny S | $266,000 | |
| Previous Owner | Shaheen Danny S | $265,500 | |
| Previous Owner | Murken Richard | $37,500 | |
| Previous Owner | Murken Richard | $132,000 | |
| Previous Owner | Dupree Sandra | $300,600 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/28/2023 12/28/23 | Sold | $1,252,500 | +4.5% | $297 / Sq Ft | |
| 11/13/2023 11/13/23 | Pending | -- | -- | -- | |
| 11/03/2023 11/03/23 | For Sale | $1,199,000 | 0.0% | $284 / Sq Ft | |
| 05/30/2023 05/30/23 | Rented | $1,895 | 0.0% | -- | |
| 05/24/2023 05/24/23 | For Rent | $1,895 | 0.0% | -- | |
| 07/29/2022 07/29/22 | Sold | $885,000 | 0.0% | $210 / Sq Ft | View Prior Sale |
| 06/27/2022 06/27/22 | Pending | -- | -- | -- | |
| 06/24/2022 06/24/22 | Off Market | $885,000 | -- | -- | |
| 06/16/2022 06/16/22 | Price Changed | $898,000 | -6.4% | $213 / Sq Ft | |
| 05/09/2022 05/09/22 | For Sale | $959,000 | -- | $227 / 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 | $15,584 | $1,277,550 | $382,500 | $895,050 |
| 2025 | $15,584 | $1,252,500 | $375,000 | $877,500 |
| 2024 | $14,838 | $1,252,500 | $375,000 | $877,500 |
| 2023 | $10,716 | $885,000 | $265,000 | $620,000 |
| 2022 | $4,314 | $348,300 | $72,436 | $275,864 |
| 2021 | $4,392 | $341,471 | $71,016 | $270,455 |
| 2020 | $4,328 | $337,970 | $70,288 | $267,682 |
| 2019 | $4,209 | $331,343 | $68,910 | $262,433 |
| 2018 | $4,106 | $324,846 | $67,559 | $257,287 |
| 2017 | $4,072 | $318,476 | $66,234 | $252,242 |
| 2016 | $4,027 | $312,231 | $64,935 | $247,296 |
| 2015 | $3,998 | $307,541 | $63,960 | $243,581 |
| 2014 | $3,927 | $301,517 | $62,707 | $238,810 |
Source: Public Records
Agents Affiliated with this Home
-
Raul Castaneda
Seller's Agent in 2023
Raul Castaneda
Pacific Avenue Realty
(949) 257-2415
13 Total Sales
-
Prashant Sampat
Seller's Agent in 2023
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
3 in this area
203 Total Sales
-
MC
Buyer's Agent in 2023
Montry Carroll
CENTURY 21 MASTERS
-
NN
Buyer's Agent in 2023
NONE NONE
None MRML
-
Patrick Campbell
Seller's Agent in 2022
Patrick Campbell
Realty Masters & Associates
(909) 709-0816
9 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23199017
APN: 0170-251-44
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.
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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