$450,000
SOLD SEP 26, 2014
9 Beds
7 Baths
4,006 Sq Ft
0.28 Acres

Recently Sold

$112 Per Sq Ft

2% Below List Price

22 Days on Market

Highlights

  • Private Yard
  • Citrus Valley High School Rated A
  • Central Heating and Cooling System

About This Home

As of November 2024

Standard Sale, newer 1981 construction, over 4,000 sqft of living space, over a 12,000 sqft lot, in an excellent location about a mile away from The University of Redlands and Downtown Redlands which offers tree-lined streets, restaurants, shopping, wine tasting, etc. Excellent investment property featuring 4 units with a great unit mix. Front unit offers 3 Bed / 2 Bath with Fire Place. 2 of the units are 2 Bed / 2 Bath and there is one 1 Unit 2 Bed / 1 Bath. All units with Central Air and Heat and each unit has an enclosed garage and a space under a carport (each unit has 2 parking spaces). There is an association fee of which includes trash, gardener, and up keep of common areas which costs $250 a month. This one won’t last!

Last Agent to Sell the Property

Robert Castro

UNITED REALTY GROUP License #01359397 Listed on: 07/27/2014

Last Buyer's Agent

Prashant Sampat

Pacific Avenue Realty License #01916221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,316

Year Built

  • Built in 1981

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 4,006 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167263020000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,475
  • Net Operating Income $27,939

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,316

Year Built

Built in 1981

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 949-922-0393
  • Other Phone Number: 949-922-0393
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0167263020000
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 112.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 12001.00
  • Lot Size Acres: 0.2760

Multi Family

  • Gross Income: 3475.00
  • Gross Scheduled Income: 41700.00
  • Lot Size Area: 12001.0000 Square Feet
  • Net Operating Income: 27939.00
  • 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: 12510.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 3475.00
  • Vacancy Allowance: 1251
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 10141
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Nov 20, 2024
Sold by
Skylight Integrity Holdings
Bought by
Post Street Apartments Llc
Seller's Agent
Sossi Gabriel
Nova Realty
Buyer's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
List Price
$1,190,000
Sold Price
$1,190,000
Views
11
Current Estimated Value
$1,225,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,689
Avg. Annual Appreciation
4.38%
Original Mortgage
$892,500
Outstanding Balance
$885,375
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$340,314

Purchase Details

Listed on
Aug 27, 2024
Closed on
Oct 29, 2024
Sold by
Mcleavy Mark A and Fa Brigitte
Bought by
Skylight Integrity Holdings
Seller's Agent
Sossi Gabriel
Nova Realty
Buyer's Agent
Ryan McKee
ELEVATE REAL ESTATE AGENCY
List Price
$1,190,000
Sold Price
$1,190,000
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Outstanding Balance
$885,375
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$340,314

Purchase Details

Closed on
Jul 17, 2023
Sold by
Mcleavy Mark and Mcleavy Brigitte
Bought by
Mark A And Brigitte J Mcleavy Family Trust and Mc Leavy

Purchase Details

Listed on
Oct 15, 2016
Closed on
Dec 19, 2016
Sold by
Masa Group Llc
Bought by
Mcleavy Mark and Mcleavy Brigitte
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Sossi Gabriel
Nova Realty
List Price
$539,000
Sold Price
$538,000
Premium/Discount to List
-$1,000
-0.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$403,500
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2014
Sold by
Arora Sartaj M and Arora Akankshi A
Bought by
Masa Group Llc

Purchase Details

Listed on
Jul 27, 2014
Closed on
Sep 22, 2014
Sold by
Tddv Llc
Bought by
Arora Sartaj M and Arora Akankshi A
Seller's Agent
Robert Castro
UNITED REALTY GROUP
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$460,000
Sold Price
$450,000
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.71%
Original Mortgage
$314,300
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2011
Sold by
Duong Bao and Duong Christine
Bought by
Tddv Llc

Purchase Details

Closed on
Sep 30, 2010
Sold by
Fannie Mae
Bought by
Duong Christine and Thong Tom

Purchase Details

Closed on
Aug 25, 2010
Sold by
Sandoval Gerardo V and Sandoval Gloria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 10, 2004
Sold by
Hernandez Arturo and Hernandez Marjudith
Bought by
Sandoval Gerardo V and Sandoval Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Hernandez Arturo and Hernandez Marjudith
Bought by
Hernandez Arturo and Hernandez Marjudith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2003
Sold by
Federal National Mortgage Association
Bought by
Hernandez Arturo and Hernandez Judy

Purchase Details

Closed on
Mar 30, 1999
Sold by
Mountain Crest Llc
Bought by
Rico Six Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.79%

Purchase Details

Closed on
Mar 25, 1999
Sold by
Rico Six Llc
Bought by
Lynn Eugene Jr Dr John and Lynn Eugene Karyl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.79%

Purchase Details

Closed on
Mar 4, 1999
Sold by
Smith Rico L
Bought by
Mountain Crest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
6.79%

Purchase Details

Closed on
Aug 5, 1997
Sold by
Smith Natasha
Bought by
Smith Rico L

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
8.95%

Purchase Details

Closed on
Jul 1, 1997
Sold by
Harris Carl
Bought by
Smith Rico L

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
8.95%

Purchase Details

Closed on
Aug 28, 1992
Sold by
Exxcel Apartments Inc
Bought by
Powerscourt Partners #3A Ltd and Powerscourt Partners #4 Ltd
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,190,000 California Best Title
Grant Deed $1,190,000 California Best Title
Deed -- None Listed On Document
Grant Deed $538,000 Priority Title
Quit Claim Deed -- None Available
Grant Deed $449,000 Orange Coast Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $320,000 Old Republic Title Company
Trustee Deed $441,093 Pacific Coast Title
Grant Deed $500,000 New Century Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Corporate Deed $317,000 Commonwealth Title
Gift Deed -- Fidelity National Title Co
Grant Deed $330,000 Fidelity National Title Co
Grant Deed $170,000 Fidelity National Title Co
Interfamily Deed Transfer -- American Title
Grant Deed $295,000 American Title
Corporate Deed -- --
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $892,500 New Conventional
Closed $892,500 New Conventional
Previous Owner $393,700 New Conventional
Previous Owner $403,500 New Conventional
Previous Owner $314,300 New Conventional
Previous Owner $408,300 Unknown
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $311,500 New Conventional
Previous Owner $231,000 No Value Available
Previous Owner $221,250 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $1,190,000 0.0% $297 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $1,190,000 +121.2% $297 / Sq Ft
01/18/2017 01/18/17 Sold $538,000 -0.2% $134 / Sq Ft
12/04/2016 12/04/16 Pending -- -- --
10/15/2016 10/15/16 For Sale $539,000 +19.8% $135 / Sq Ft
09/26/2014 09/26/14 Sold $450,000 -2.2% $112 / Sq Ft
08/18/2014 08/18/14 Pending -- -- --
07/27/2014 07/27/14 For Sale $460,000 -- $115 / 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 $7,316 $1,190,000 $357,000 $833,000
2024 $7,316 $612,152 $199,120 $413,032
2023 $7,307 $600,149 $195,216 $404,933
2022 $7,202 $588,381 $191,388 $396,993
2021 $7,333 $576,844 $187,635 $389,209
2020 $7,225 $570,929 $185,711 $385,218
2019 $7,024 $559,735 $182,070 $377,665
2018 $6,850 $548,760 $178,500 $370,260
2017 $5,888 $464,964 $115,982 $348,982
2016 $5,822 $455,847 $113,708 $342,139
2015 $5,780 $449,000 $112,000 $337,000
2014 $4,079 $313,537 $62,707 $250,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14159445

California Regional Multiple Listing Service (CRMLS)

APN: 0167-263-02