NOT LISTED FOR SALE

Estimated Value: $885,383 - $1,247,000

9 Beds
7 Baths
4,006 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $500,000 $125 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,022/month

318 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Heat Pump System
  • Citrus Valley High School Rated A

About This Home

As of May 2016

This 4 unit complex is fully occupied. 3 tenants have been long term tenants and 1 new one. All tenants are up to date on their rent (as of 2/23/2016). There are 3 units with 2 bedrooms and one 3 bedroom unit. Each unit has an assigned garage and carport. The property is in great condition with new exterior paint and new roof. This property also has coin operated laundry for additional income. Basic gardening is included in the HOA dues.

Last Listed By

Richard Gibson

WSR REAL ESTATE License #01856821 Listed on: 01/11/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,941

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 4,006 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167262080000

Community Details

Overview

  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $575
  • Insurance Expense $1,235
  • Other Expense $3,600
  • Trash Expense $1,138
  • Water Sewer Expense $1,138
  • New Taxes Expense $7,358
  • Gross Income $3,650
  • Net Operating Income $26,392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,941

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
  • Water Sewer Expenses: 1138.00
  • Property Type: Residential Income
  • Parcel Number: 0167262080000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 124.81

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump
  • Laundry Features: Community
  • Trash Expense: 1138.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12150.00
  • Price Per Lot Square Foot: 41.15
  • Lot Size Acres: 0.2790

Multi Family

  • Electric Expense: 575.00
  • Gross Income: 3650.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1235.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 12150.0000 Square Feet
  • Net Operating Income: 26392.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 16808.00
  • Other Expense: 3600.00
  • Other Expense Description: HOA
  • Rent Control: No
  • Total Actual Rent: 3750.00

Tax Info

  • New Taxes Expense: 7358.00
  • Tax Lot: 24
  • Tax Tract Number: 10141
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Strycula Christopher and Strycula Robin
Bought by
Strycula Christopher and Strycula Robin
Total Days on Market
318
Current Estimated Value
$1,087,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Outstanding Balance
$421,865
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$636,973

Purchase Details

Closed on
Oct 21, 2016
Sold by
Strycula Chris and Strycula Robin
Bought by
Strycula Chris and Strycula Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2016
Sold by
Thomas Kim
Bought by
Strycula Christopher and Strycula Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 31, 2004
Sold by
Charnee Llc
Bought by
Thomas Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,900
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2003
Sold by
Federal National Mortgage Association
Bought by
Perez Christopher A and Perez Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 4, 2002
Sold by
Delellis Peter and Delellis Kanita
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Feb 16, 2000
Sold by
Ocean Place Llc
Bought by
Delellis Peter and Delellis Kanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
8.16%

Purchase Details

Closed on
Oct 4, 1999
Sold by
Excel Communities I Lp
Bought by
Ocean Place Llc

Purchase Details

Closed on
Aug 4, 1997
Sold by
Loughnane Maeve
Bought by
Loughnane Patrick V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
9.25%

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%

Range of Values:

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

Similar Home in Redlands, CA

  • 610 E Lugonia Ave Unit 4, Redlands, CA 92374

    $1,170,000

    • 9 Beds
    • 7 Baths
    • 4,006 Sq Ft
    • 610 E Lugonia Ave
    • Unit 4
    • Redlands, CA

    Welcome to the heart of Redlands! Income generates 4 unit in a desirable neighborhood. Conveniently located close to public transportation, highways, restaurants, schools, shopping centers, parks and major transportation routes. Residents will have easy access to all amenities. Seller replaced all units plumbing work and termite work already completed treats. Unit Features:Unit # A: 3-bedrooms,

    Helen Chan IRN REALTY

    Section Image

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
Strycula Christopher -- First American Title Company
Strycula Chris -- First American Title Company
Strycula Christopher $500,000 Stewart Title Of Ca Inc
Thomas Kim $500,000 Fidelity National Title Co
Charnee Llc -- Fidelity National Title Co
Perez Christopher A $338,500 Commonwealth Title
Federal National Mortgage Association -- First American
Chase Manhattan Mtg Corp $286,615 First American
Delellis Peter $340,000 Gateway Title Company
Ocean Place Llc $170,000 United Title
Loughnane Patrick V -- Chicago Title Co
Loughnane Patrick V -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strycula Christopher $468,000
Closed Strycula Chris $85,000
Closed Strycula Chris $356,500
Previous Owner Strycula Christopher $350,000
Previous Owner Thomas Kim $374,900
Previous Owner Perez Christopher A $268,000
Previous Owner Delellis Peter $255,000
Previous Owner Loughnane Patrick V $236,000
Previous Owner Loughnane Patrick V $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2016 05/24/16 Sold $500,000 +5.3% $125 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
04/24/2015 04/24/15 For Sale $475,000 -- $119 / 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
2024 $6,941 $580,293 $116,058 $464,235
2023 $6,933 $568,914 $113,782 $455,132
2022 $6,834 $557,759 $111,551 $446,208
2021 $6,958 $546,823 $109,364 $437,459
2020 $6,855 $541,216 $108,243 $432,973
2019 $6,665 $530,604 $106,121 $424,483
2018 $6,500 $520,200 $104,040 $416,160
2017 $6,446 $510,000 $102,000 $408,000
2016 $7,483 $588,740 $94,202 $494,538
2015 $7,429 $579,897 $92,787 $487,110
2014 $7,295 $568,537 $90,969 $477,568
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV15087369

California Regional Multiple Listing Service (CRMLS)

APN: 0167-262-08