NOT LISTED FOR SALE

Estimated Value: $834,000 - $1,255,000

9 Beds
7 Baths
4,006 Sq Ft
$275/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $800,000 $200 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,972/month

132 Days on Market

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Central Heating and Cooling System
  • Citrus Valley High School Rated A
  • Laundry Room
  • Carpet

About This Home

As of April 2020

Covington floorplan fourplex located in Mountain View. The front "owners" unit is a single level three bedroom, two baths. There are two units with two beds and two baths and the fourth unit has 2 beds and 1 bath. There is a laundry room for extra income. The sellers installed new washing machines. There are four attached garages. They must be accessed from the parking lot . No direct access to the units. HOA maintains the landscaping, carports and includes trash. Pro forma rents list the current rents for Section 8 Housing that the San Bernardino County Housing Authority allows for the City of Redlands. HOA covers the trash dumpster, normal trash pick up, landscape maintenance (mowing and blowing) and also the complex has periodic security patrols. The dues also cover reserves to maintain the asphalt for the parking areas.

The Housing Authority of San Bernardino has a generous allotment for rents in Redlands in the Section 8 program.

Unit A was recently completely remodeled to like-new condition. n. Two of the other units have been upgraded. Units A, C, and D have new heat pump HVAV systems installed within the past year.

Rita Shaw Broker & Associates Inc does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the sellers or obtained from Public Records or other sources. The buyer with their agent(s) is advised to independently verify the accuracy of all information.

Last Agent to Sell the Property

Rita Shaw

Shaw Real Estate Brokers License #00666305 Listed on: 11/02/2019

Co-Listed By

Will Quanstrom

Shaw Real Estate Brokers License #02014095

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1985

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Sprinkler System

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Planned Development
  • Slab Foundation
  • Stucco

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, telephone
  • Tax Lot 22
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167262060000

Community Details

Overview

  • 4 Units
  • Mountain View Association
  • Maintained Community

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $517
  • Fuel Expense $1,320
  • Insurance Expense $1,596
  • Other Expense $4,320
  • Pest Control $816
  • Water Sewer Expense $1,984
  • New Taxes Expense $10,130
  • Operating Expense $12,426
  • Gross Income $36,000
  • Net Operating Income $43,974

Property Details

Home Type

Apartment

Year Built

Built in 1985

Lot Details

0

HOA Fees

$360 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1984.00
  • Architectural Style: Contemporary
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0167262060000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Levels: Two
  • Price Per Square Foot: 199.70

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Pest Control Expense: 816.00
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 12885.00
  • Lot Size Acres: 0.2958

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 517.00
  • Fuel Expense: 1320.00
  • Gross Income: 36000.00
  • Gross Scheduled Income: 56400.00
  • Insurance Expense: 1596.00
  • Laundry Income: 900.00
  • Lot Size Area: 12885.0000 Square Feet
  • Net Operating Income: 43974.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 12426.00
  • Other Expense: 4320.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 12426.00

Tax Info

  • New Taxes Expense: 10130.00
  • Tax Census Tract: 80.02
  • Tax Lot: 22
  • Tax Tract Number: 10141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2021
Sold by
Juarez Raymond D and Juarez Monica M
Bought by
Juarez Raymond D and Juarez Monica M
Current Estimated Value
$1,101,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$535,702
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$566,248

Purchase Details

Listed on
Nov 2, 2019
Closed on
Mar 13, 2020
Sold by
Moxley David E and Moxley Hien T
Bought by
Juarez Raymond D and Juarez Monica M
Seller's Agent
Rita Shaw
Shaw Real Estate Brokers
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$799,500
Sold Price
$800,000
Premium/Discount to List
$500
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%
Original Mortgage
$600,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2018
Sold by
Moxley David and Moxley Hien
Bought by
Moxley David E and Moxley Hien T

Purchase Details

Closed on
Jun 8, 2005
Sold by
Rissaroo Llc
Bought by
Moxley David and Moxley Hien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2003
Sold by
Khoury Khaled
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
$243,200
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2003
Sold by
Khoury Sawsan Khaled
Bought by
Khoury Khaled

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 2003
Sold by
Fiaz Zareen
Bought by
Khoury Khaled

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
5.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 1999
Sold by
Ocean Place Llc
Bought by
Fiaz Zareen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.94%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Eexcel Communities I Lp
Bought by
Ocean Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.94%

Purchase Details

Closed on
Feb 9, 1997
Sold by
Smith Natasha K
Bought by
Smith Rico

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
7.99%

Purchase Details

Closed on
Jan 7, 1997
Sold by
Harris Carl
Bought by
Smith Rico

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
7.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Raymond D -- Clearmark Title Company
Juarez Raymond D $800,000 Fidelity National Ttl Co Ie
Moxley David E -- None Available
Moxley David $640,000 Fidelity National Title Co
Rissaroo Llc -- --
Khoury Khaled -- Fidelity National Title
Khoury Khaled $304,000 Fidelity National Title
Fiaz Zareen $330,000 Gateway Title Company
Ocean Place Llc $161,000 United Title
Smith Rico -- Orange Coast Title
Smith Rico $295,000 Orange Coast Title
Harris Carl $185,000 Orange Coast Title
Loughnane Patrick V V -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Raymond D $600,000
Closed Juarez Raymond D $600,000
Previous Owner Moxley David $296,000
Previous Owner Rissaroo Llc $243,200
Previous Owner Khoury Khaled $243,200
Previous Owner Fiaz Zareen $247,500
Previous Owner Smith Rico $221,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $800,000 +0.1% $200 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
11/02/2019 11/02/19 For Sale $799,500 0.0% $200 / Sq Ft
08/17/2018 08/17/18 Rented $1,200 0.0% --
07/30/2018 07/30/18 Under Contract -- -- --
07/20/2018 07/20/18 For Rent $1,200 -- --
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 $10,201 $874,917 $174,984 $699,933
2024 $10,201 $857,762 $171,553 $686,209
2023 $10,189 $840,943 $168,189 $672,754
2022 $10,042 $824,454 $164,891 $659,563
2021 $10,225 $808,288 $161,658 $646,630
2020 $8,835 $700,400 $133,900 $566,500
2019 $8,506 $680,000 $130,000 $550,000
2018 $7,723 $620,000 $96,000 $524,000
2017 $6,685 $529,300 $93,400 $435,900
2016 $5,989 $469,200 $82,800 $386,400
2015 $5,542 $430,100 $75,900 $354,200
2014 $4,842 $374,000 $66,000 $308,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19256306

California Regional Multiple Listing Service (CRMLS)

APN: 0167-262-06