NOT LISTED FOR SALE

1131 Cero Ct Redlands, CA 92374

North Redlands Neighborhood

Estimated Value: $858,440 - $1,112,000

2 Beds
2 Baths
4,224 Sq Ft
$245/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $512,500 $121 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $5,931/month

25 Days on Market

Highlights

  • 20,000 Sq Ft lot
  • Crafton Elementary School Rated A-
  • Cul-De-Sac

About This Home

As of January 2017

Large 4-plex on an oversized lot. Each unit is 2 bed and 1.5 bath with central heat. The a/c are wall units. There is a laundry room with owned coin operated machines which are incl in the sale. Each unit has a dedicated one car garage. The garage building is detached. There is a large, flat open part of the lot to the side of the unit that could be used to generate additional income--storage, parking, new structure, etc(check with the city.) Tenants are month to month--all units currently rented.

Last Agent to Sell the Property

JIM CAVANAUGH

CENTURY 21 TOP PRODUCERS License #01499369 Listed on: 11/10/2016

Last Buyer's Agent

Robert Pham

SoCal AllOffers License #01260971

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.46 Acre Lot
  • No Common Walls
  • Cul-De-Sac

Parking

  • 4 Car Garage

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 6932
  • Assessor Parcel Number 0170251400000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $42,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.46 Acres

Parking

4

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0170251400000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Price Per Square Foot: 121.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 20000.00

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Laundry Equipment Own Lease: Own
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 84.04
  • Tax Lot: 13
  • Tax Tract Number: 6932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Tran Tracey Trang-Ngoc
Bought by
Wbr Dinh Family Trust and Dinh
Current Estimated Value
$1,033,610

Purchase Details

Listed on
Nov 10, 2016
Closed on
Jan 11, 2017
Sold by
Meelker Lesley
Bought by
Meelker Clint
Seller's Agent
JIM CAVANAUGH
CENTURY 21 TOP PRODUCERS
Buyer's Agent
Robert Pham
SoCal AllOffers
List Price
$549,000
Sold Price
$512,500
Premium/Discount to List
-$36,500
-6.65%

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
$384,375
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2016
Closed on
Jan 10, 2017
Sold by
Meelker Clint
Bought by
Tran Tracey Trang Ngoc
Seller's Agent
JIM CAVANAUGH
CENTURY 21 TOP PRODUCERS
Buyer's Agent
Robert Pham
SoCal AllOffers
List Price
$549,000
Sold Price
$512,500
Premium/Discount to List
-$36,500
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,375
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 19, 2016
Sold by
Dinh Heip
Bought by
Tran Tracey Trang Ngoc
Seller's Agent
JIM CAVANAUGH
CENTURY 21 TOP PRODUCERS
Buyer's Agent
Robert Pham
SoCal AllOffers
List Price
$549,000
Sold Price
$512,500
Premium/Discount to List
-$36,500
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,375
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Meelker Clint

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,222
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 2008
Sold by
Dominguez Azucena
Bought by
Deutsche Bank National Trust Co and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Feb 8, 2006
Sold by
Shaheen Danny S
Bought by
Dominguez Azucena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2004
Sold by
Meyerson Samuel D
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
$341,250
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2004
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
$341,250
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1994
Sold by
Meyerson Samuel D
Bought by
Crash & Dash Aviation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.55%

Purchase Details

Closed on
Sep 28, 1994
Sold by
Wolf Linda
Bought by
Wolf Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wbr Dinh Family Trust -- None Listed On Document
Meelker Clint -- Fidelity National Title Co
Tran Tracey Trang Ngoc $512,500 Fidelity National Title Co
Tran Tracey Trang Ngoc -- Fidelity National Title Co
Meelker Clint $319,000 First American Title Ins Co
Deutsche Bank National Trust Co $424,150 None Available
Dominguez Azucena $598,000 Advantage Title Inc
Shaheen Danny S $455,000 Old Republic Title Company
Wolf Edward L -- Old Republic Title Company
Meyerson Samuel D -- Old Republic Title Company
Shaheen Danny S -- Old Republic Title Company
Crash & Dash Aviation -- First American Title Ins Co
Wolf Edward L -- First American Title Company
Meyerson Samuel D -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Tracey Trang Ngoc $384,375
Previous Owner Meelker Clint $313,222
Previous Owner Dominguez Azucena $478,400
Previous Owner Shaheen Danny S $341,250
Previous Owner Meyerson Samuel D $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2017 01/19/17 Sold $512,500 -6.6% $121 / Sq Ft
12/05/2016 12/05/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $549,000 -- $130 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,466 $594,800 $116,058 $478,742
2024 $6,975 $583,137 $113,782 $469,355
2023 $6,967 $571,703 $111,551 $460,152
2022 $6,867 $560,493 $109,364 $451,129
2021 $6,991 $549,503 $107,220 $442,283
2020 $6,888 $543,869 $106,121 $437,748
2019 $6,697 $533,205 $104,040 $429,165
2018 $6,532 $522,750 $102,000 $420,750
2017 $4,522 $354,798 $66,734 $288,064
2016 $4,472 $347,841 $65,425 $282,416
2015 $4,440 $342,616 $64,442 $278,174
2014 $4,361 $335,905 $63,180 $272,725
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    JIM CAVANAUGH

    CENTURY 21 TOP PRODUCERS

  • Robert Pham

    Buyer's Agent in 2017

    Robert Pham

    SoCal AllOffers

    (714) 350-5104

    10 Total Sales

    Robert Pham
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV16744247

California Regional Multiple Listing Service (CRMLS)

APN: 0170-251-40

California San Bernardino County Redlands 92374 North Redlands

1131 Cero Ct, Redlands, CA

Not Listed for Sale

MultiFamily

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