NOT LISTED FOR SALE

Estimated Value: $762,421 - $1,047,000

8 Beds
4 Baths
2,900 Sq Ft
$304/Sq Ft Est. Value

Last Sold December 15, 2015

Last sale price $435,000 $150 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,451/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Citrus Valley High School Rated A
  • Cooling Available
  • Wall Furnace

About This Home

As of December 2015

Beautiful new two story duplex, built in 2015, never being occupied, units consist of, four bedrooms, two bathrooms each and rear four car detached garage. Convenient located close to Redlands University, freeway on and off ramp and downtown Redlands Historic Downtown, with excellent restaurants and shopping area.

Last Agent to Sell the Property

Gilbert Ayala

Gilbert Realty and Loans License #00936307 Listed on: 05/20/2015

Last Buyer's Agent

Gilbert Ayala

Gilbert Realty and Loans License #00936307 Listed on: 05/20/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,996

Year Built

  • Built in 2015

Lot Details

  • 6,450 Sq Ft Lot
  • No Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Wall Furnace
  • Phone Available

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 167
  • Assessor Parcel Number 0167252070000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • New Taxes Expense $381
  • Gross Income $3,600
  • Net Operating Income $38,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,996

Year Built

Built in 2015

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 562-645-4040
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0167252070000
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 150.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 6450.00
  • Lot Size Acres: 0.1480

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 40000.00
  • Insurance Expense: 750.00
  • Lot Size Area: 6450.0000 Square Feet
  • Net Operating Income: 38000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 381.00
  • Tax Lot: 18
  • Tax Tract Number: 0167
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2015
Sold by
Ayala Gilbert A and Ayala Maria F
Bought by
Huang Wen Bin and Ouyang Iris
Total Days on Market
15
Current Estimated Value
$881,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2013
Closed on
Apr 23, 2013
Sold by
Habitat For Humanity San Bernardino Area
Bought by
Ayala Gilbert A and Ayala Maria F
Seller's Agent
Deborah Harmon
HABITAT FOR HUMANITY
Buyer's Agent
Deborah Harmon
HABITAT FOR HUMANITY
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.35%

Purchase Details

Closed on
Dec 9, 2008
Sold by
Llamas Antonette
Bought by
Habitat For Humanity San Bernardino Area

Purchase Details

Closed on
Dec 20, 2007
Sold by
Mcglothen Drucilla and Young Drucilla
Bought by
Llamas Antonette
Source: Public Records

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Range of Values:

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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
Huang Wen Bin $435,000 Provident Title Company
Ayala Gilbert A $30,000 Lawyers Title
Habitat For Humanity San Bernardino Area $70,000 First American Title Company
Llamas Antonette $11,000 First American
Mcglothen Drucilla -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huang Wen Bin $326,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $435,000 -4.4% $150 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $455,000 +1416.7% $157 / Sq Ft
05/22/2013 05/22/13 Sold $30,000 0.0% --
04/08/2013 04/08/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $30,000 -- --
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 $5,996 $504,855 $100,972 $403,883
2023 $5,989 $494,956 $98,992 $395,964
2022 $5,902 $485,251 $97,051 $388,200
2021 $6,010 $475,736 $95,148 $380,588
2020 $5,921 $470,858 $94,172 $376,686
2019 $5,755 $461,625 $92,325 $369,300
2018 $5,612 $452,574 $90,515 $362,059
2017 $5,535 $443,700 $88,740 $354,960
2016 $5,473 $435,000 $87,000 $348,000
2015 $388 $30,738 $30,738 $0
2014 $381 $30,136 $30,136 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15108628

California Regional Multiple Listing Service (CRMLS)

APN: 0167-252-07