NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,166,000

9 Beds
7 Baths
4,008 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: June 7, 2018

Last sale price $680,000 $170 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,175 / mo

51 Days on Market

Highlights

  • Laundry Room
  • 4 Detached Carport Spaces
  • Central Heating and Cooling System
  • Citrus Valley High School Rated A
  • Landscaped
  • Fenced

About This Home

As of June 2018

Opportunity calls now for this beautiful Covington Style Apartment Building in the Mountainview Complex in the growing city of Redlands. Four units in total that includes a front one story owner style 3 bedrooms and 2 baths home with fireplace and private patio. Two units are two bedrooms and 2 baths, one downstairs with private patio and another one upstairs with balcony. Fourth unit is upstairs with 2 bedrooms and one bath and big balcony. All units have ceramic tile all through out and laminated wood floors in all bedrooms. Building is secured by attractive and strong fancing all around. Each unit has a one car garage with storage space and one carport. Laundry room is also avalaible in the premises and shared by tenants. HOA includes gardening!.

Last Agent to Sell the Property

Adriana Sterig

DYNASTY REAL ESTATE License #01355035 Listed on: 03/28/2018

DYNASTY  REAL ESTATE

Last Buyer's Agent

ADRIANA STERIG

AMIGOS REALTY License #01355035

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 12,765 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Landscaped
  • Density is 2-5 Units/Acre

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 3 Open Parking Spaces
  • 4 Car Garage
  • 4 Detached Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,008 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 31
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167262150000

Community Details

Overview

  • 4 Units
  • Mountain View Apartments Association

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $360
  • Insurance Expense $13,200
  • Other Expense $4,320
  • Professional Management Expense $300
  • Water Sewer Expense $3,240
  • Operating Expense $21,120
  • Gross Income $48,000
  • Net Operating Income $26,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.29 Acres

HOA Fees

$360 per month

Parking

4

Listing Details

  • Professional Management Expense: 300.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3240.00
  • Property Type: Residential Income
  • Parcel Number: 0167262150000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 169.66

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Detached Carport
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View Apartments Association
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Landscaped
  • Lot Size Sq Ft: 12765.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 48000.00
  • Gross Operating Income: 48000.00
  • Insurance Expense: 13200.00
  • Net Operating Income: 26880.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Drapes: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 21120.00
  • Other Expense: 4320.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Total Expenses: 21120.00

Tax Info

  • Tax Area: 5000
  • Tax Census Tract: 80.02
  • Tax Lot: 31
  • Tax Tract Number: 10141

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

Listed on
Mar 28, 2018
Closed on
Jun 5, 2018
Sold by
Bought by
Seller's Agent
Adriana Sterig
DYNASTY REAL ESTATE
Buyer's Agent
Adriana Sterig
DYNASTY REAL ESTATE
List Price
$685,000
Sold Price
$680,000
Premium/Discount to List
-$5,000
-0.73%
Current Estimated Value
$1,112,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,518
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jun 4, 2018
Sold by
Bought by
Seller's Agent
Adriana Sterig
DYNASTY REAL ESTATE
Buyer's Agent
Adriana Sterig
DYNASTY REAL ESTATE
List Price
$685,000
Sold Price
$680,000
Premium/Discount to List
-$5,000
-0.73%

Purchase Details

Listed on
Aug 1, 2013
Closed on
Aug 1, 2013
Sold by
Bought by
Seller's Agent
Kurt Tiedt
Kurt W. Tiedt
Buyer's Agent
Phillip Nguyen
Homeland Realty and Investment
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
Original Mortgage
$280,000
Interest Rate
0.0433%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
0.0501%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
0.0569%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 2, 2002
Sold by
Bought by

Purchase Details

Closed on
Apr 27, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 30, 1994
Sold by
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

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
$680,000 Wfg National Title Company
-- Wfg National Title Company
$425,000 Fidelity National Title Co
$285,000 Fidelity National Title Co
$515,000 Fidelity Natl Tustin
-- First American Title Co
-- First American Title Co
-- --
$239,164 --
$330,000 Gateway Title Company
$161,000 United Title
-- American Title
$295,000 American Title
-- Orange Coast Title Co
-- Orange Coast 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 $275,000
Previous Owner $280,000
Previous Owner $200,000
Previous Owner $556,000
Previous Owner $264,000
Previous Owner $287,000
Previous Owner $225,000
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
06/07/2018 06/07/18 Sold $680,000 -0.7% $170 / Sq Ft
05/18/2018 05/18/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $685,000 0.0% $171 / Sq Ft
04/20/2018 04/20/18 For Sale $685,000 +0.7% $171 / Sq Ft
04/09/2018 04/09/18 Off Market $680,000 -- --
03/28/2018 03/28/18 For Sale $639,000 +50.4% $159 / Sq Ft
08/28/2013 08/28/13 Sold $425,000 -1.1% $110 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $429,900 -- $111 / 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 $9,675 $789,198 $162,481 $626,717
2025 $9,675 $773,723 $159,295 $614,428
2024 $9,035 $758,552 $156,172 $602,380
2023 $9,025 $743,679 $153,110 $590,569
2022 $8,895 $729,097 $150,108 $578,989
2021 $9,057 $714,801 $147,165 $567,636
2020 $8,923 $707,472 $145,656 $561,816
2019 $8,674 $693,600 $142,800 $550,800
2018 $5,736 $457,881 $86,189 $371,692
2017 $5,689 $448,903 $84,499 $364,404
2016 $5,626 $440,101 $82,842 $357,259
2015 $5,585 $433,491 $81,598 $351,893
2014 $5,485 $425,000 $80,000 $345,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18069751

California Regional Multiple Listing Service (CRMLS)

APN: 0167-262-15

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