NOT LISTED FOR SALE

1133 Post St Redlands, CA 92374

North Redlands Neighborhood

Estimated Value: $959,386 - $1,206,000

9 Beds
7 Baths
3,880 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $650,000 $168 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,930/month

22 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Security Guard
  • Central Heating and Cooling System
  • Citrus Valley High School Rated A
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of August 2018

Back on the market! Best Deal in town!!! Four Unit Apartment Building in the Mountain View Complex in Redlands. This building offers a front "owners style" 3 Bedroom, 2 Bathroom unit with a Fireplace, Central Air and Heating and a small patio. The additional units are as follows two 2 bed 2 bath units and one 2 bed 1 bath. It has a four car garage, 4 car carport and open spaces for ample parking, its own laundry room and more...

Last Agent to Sell the Property

Kevin Watson

RE/MAX TIME REALTY License #01820631 Listed on: 07/14/2018

RE/MAX TIME REALTY

Last Buyer's Agent

LONNIE APFEL

LONN APFEL BROKER License #00833713

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Back and Front Yard

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Fireplace in Primary Bedroom
  • 7 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167262070000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,008
  • Water Sewer Expense $3,000
  • New Taxes Expense $6,918
  • Operating Expense $15,606
  • Gross Income $51,000
  • Net Operating Income $35,394

Security

  • Security Guard

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$360 per month

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Guarded
  • Water Sewer Expenses: 3000.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0167262070000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 167.53

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 12150.00

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 1008.00
  • Laundry Income: 600.00
  • Net Operating Income: 35394.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15606.00
  • Rent Control: No
  • Total Expenses: 15606.00

Tax Info

  • New Taxes Expense: 6918.00
  • Tax Census Tract: 80.02
  • Tax Lot: 23
  • Tax Tract Number: 10141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Salvato Properties Llc
Bought by
Salvato Gregory
Current Estimated Value
$1,110,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,100
Outstanding Balance
$646,522
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$463,825

Purchase Details

Closed on
Jul 29, 2019
Sold by
Salvato Gregory M and Salvato Nancy T
Bought by
Salvato Properties Llc

Purchase Details

Listed on
Jul 14, 2018
Closed on
Aug 8, 2018
Sold by
Otec Juanita C
Bought by
Salvato Gregory M and Salvato Nancy T
Seller's Agent
Kevin Watson
RE/MAX TIME REALTY
Buyer's Agent
LONNIE APFEL
LONN APFEL BROKER
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2007
Sold by
Zinn Gary W and Wu Shao Ping
Bought by
Otec Juanita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,200
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 2006
Sold by
Zinn Gary W
Bought by
Zinn Gary W and Wu Shao Ping

Purchase Details

Closed on
Oct 24, 2005
Sold by
Li Qing Xiao
Bought by
Zinn Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2004
Sold by
Lentini Linda G
Bought by
Li Qing Xiao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Phillips Norman E and Phillips Laura L
Bought by
Lentini Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
Phillips Norman E and Phillips Laura L
Bought by
Phillips Norman E and Phillips Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,200
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2002
Sold by
Phillips Norman E and Phillips Laura L
Bought by
Phillips Norman E and Phillips Laura L

Purchase Details

Closed on
Aug 12, 2002
Sold by
Hoe Investments Inc
Bought by
Phillips Norman E and Phillips Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
5.99%

Purchase Details

Closed on
Jul 23, 2002
Sold by
Latham Terrence
Bought by
H O E Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
5.99%

Purchase Details

Closed on
Apr 27, 1999
Sold by
Ocean Place Llc
Bought by
Latham Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.35%

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
$225,000
Interest Rate
3.35%

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%

Purchase Details

Closed on
Dec 27, 1995
Sold by
Loughnane Patrick V
Bought by
Loughnane Patrick V and Loughnane Maeve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.12%
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
Salvato Gregory -- None Listed On Document
Salvato Properties Llc -- Orange Coast Title
Salvato Gregory M $650,000 Orange Coast Title Co
Otec Juanita C $689,000 North American Title
Otec Juanita C -- North American Title
Zinn Gary W -- United Independent Title
Zinn Gary W $680,000 United Independent Title
Zinn Gary W -- United Independent Title
Li Qing Xiao $530,000 Old Republic Title Company
Lentini Linda G $500,000 Old Republic Title Company
Phillips Norman E -- First American
Phillips Norman E -- First American
Phillips Norman E -- First American
Phillips Norman E $288,000 Southland Title Corporation
H O E Investments Inc $225,100 Lawyers Title Company
Latham Terrence $300,000 Provident Title
Ocean Place Llc $161,000 United Title
Smith Rico $295,000 Orange Coast Title
Harris Carl $185,000 Orange Coast Title
Loughnane Patrick V -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvato Gregory $681,100
Previous Owner Salvato Gregory M $300,000
Previous Owner Otec Juanita C $551,200
Previous Owner Zinn Gary W $544,000
Previous Owner Li Qing Xiao $424,000
Previous Owner Lentini Linda G $399,500
Previous Owner Phillips Norman E $229,200
Previous Owner Phillips Norman E $230,400
Previous Owner Latham Terrence $225,000
Previous Owner Smith Rico $221,250
Previous Owner Loughnane Patrick V $135,000
Closed Li Qing Xiao $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $650,000 0.0% $168 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/25/2018 07/25/18 Price Changed $650,000 0.0% $168 / Sq Ft
07/25/2018 07/25/18 For Sale $650,000 -1.4% $168 / Sq Ft
07/14/2018 07/14/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $659,000 -- $170 / 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 $9,169 $785,294 $169,793 $615,501
2024 $9,169 $769,896 $166,464 $603,432
2023 $9,158 $754,800 $163,200 $591,600
2022 $8,802 $721,397 $154,585 $566,812
2021 $8,963 $707,252 $151,554 $555,698
2020 $8,830 $700,000 $150,000 $550,000
2019 $8,137 $650,000 $130,000 $520,000
2018 $7,723 $620,000 $100,000 $520,000
2017 $6,917 $548,000 $102,800 $445,200
2016 $6,197 $485,800 $91,100 $394,700
2015 $5,733 $445,300 $83,500 $361,800
2014 $5,008 $387,200 $72,600 $314,600
Source: Public Records

Agents Affiliated with this Home

  • Kevin Watson

    Seller's Agent in 2018

    Kevin Watson

    RE/MAX

    (909) 271-0120

    1 in this area

    115 Total Sales

    Kevin Watson
    Section Image

  • L

    Buyer's Agent in 2018

    LONNIE APFEL

    LONN APFEL BROKER

    (909) 989-9000

    1 Total Sale

    LONNIE APFEL
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18169631

California Regional Multiple Listing Service (CRMLS)

APN: 0167-262-07

California San Bernardino County Redlands 92374 North Redlands

1133 Post St, Redlands, CA

Not Listed for Sale

MultiFamily

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