NOT LISTED FOR SALE

Estimated Value: $827,000 - $916,000

5 Beds
5 Baths
-- Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: June 28, 2021

Last sale price $735,000

Est. 19% increase in value since last sale

Current estimated payment $5,626 / mo

9 Days on Market

Highlights

  • Views of a landmark
  • Property is near park
  • No HOA
  • Cope Middle School Rated A-
  • Victorian Architecture
  • 5-minute walk to Ed Hales Park

About This Home

As of June 2021

VOILA! FABULOUS LOCATION ON THIS 4 UNIT BUILDING DIRECTLY ACROSS THE STREET FROM THE SMILEY LIBRARY, IN HISTORIC DOWNTOWN REDLANDS. VERY CLOSE TO ALL SHOPPING AND RESTAURANTS. ORIGINALLY BUILT AS A SINGLE FAMILY RESIDENCE BY WELL KNOWN CONTRACTOR D.M. DONALD IN 1901 AND WAS TERMED "UNIQUE AND TASTY" BY THE REDLANDS DAILY FACTS NEWSPAPER UPON IT'S COMPLETION. THE PROPERTY CURRENTLY HAS A NEWLY RENOVATED STUDIO (APT. A) AND A VERY NICE TWO BEDROOM , TWO BATH UNIT DOWNSTAIRS - (APT B). UPSTAIRS IS A 2 BEDROOM, ONE BATH APARTMENT. PLUS, THERE IS A DETACHED APARTMENT IN THE REAR. THERE IS AMPLE PARKING IN THE REAR FOR ALL UNITS AND IS LARGE ENOUGH FOR AT LEAST 5 CARS. LAUNDRY IS AN INDOOR COMMON AREA. A NEW SEWER LINE WAS INSTALLED AND PLUMBING IS NEWER, PER SELLER. TRULY A FABULOUS LOCATION!!

Last Agent to Sell the Property

Marjorie Lewis

RE/MAX ADVANTAGE License #00966263 Listed on: 04/28/2021

RE/MAX ADVANTAGE

Last Buyer's Agent

JEFF KACK

KELLER WILLIAMS REALTY License #02125082

KELLER WILLIAMS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 11,920 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Front Yard

Property Views

  • Views of a landmark
  • Neighborhood

Home Design

  • Victorian Architecture
  • Quadruplex
  • Turnkey
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Parking Lot
  • Off-Street Parking

Location

  • Property is near park
  • Suburban Location

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 20 / B
  • Assessor Parcel Number 0171251040000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • Electric Expense $3,600
  • Insurance Expense $2,500
  • Water Sewer Expense $1,500
  • New Taxes Expense $8,160
  • Operating Expense $15,760
  • Gross Income $53,460
  • Net Operating Income $37,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0.27 Acres

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Architectural Style: Victorian
  • Property Condition: Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0171251040000
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two

Exterior Features

  • View: Landmark, Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Parking Space

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Level with Street, Park Nearby, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 11920.00
  • Lot Size Acres: 0.2736

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 53460.00
  • Gross Scheduled Income: 53460.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 11920.0000 Square Feet
  • Net Operating Income: 37000.00
  • Number Of Units Total: 4
  • Operating Expense: 15760.00
  • Rent Control: No
  • Total Expenses: 15760.00

Tax Info

  • New Taxes Expense: 8160.00
  • Tax Block: B
  • Tax Census Tract: 81.00
  • Tax Lot: 20
  • Tax Tract Number: ora...

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
Apr 28, 2021
Closed on
May 26, 2021
Sold by
Bought by
Seller's Agent
Marjorie Lewis
RE/MAX ADVANTAGE
Buyer's Agent
JEFF KACK
KELLER WILLIAMS REALTY
List Price
$680,000
Sold Price
$735,000
Premium/Discount to List
$55,000
8.09%
Current Estimated Value
$873,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,531
Avg. Annual Appreciation
3.44%
Original Mortgage
$465,000
Interest Rate
0.029%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2019
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 7, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$735,000 Fidelity National Title
-- None Available
-- None Available
-- --
$70,000 First American Title Ins 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
Open $465,000
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
06/28/2021 06/28/21 Sold $735,000 +8.1% --
05/07/2021 05/07/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $680,000 -7.5% --
05/05/2021 05/05/21 Off Market $735,000 -- --
04/28/2021 04/28/21 For Sale $680,000 -- --
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 $9,944 $811,498 $204,254 $607,244
2025 $9,944 $795,586 $200,249 $595,337
2024 $9,258 $779,987 $196,323 $583,664
2023 $9,247 $764,694 $192,474 $572,220
2022 $9,113 $749,700 $188,700 $561,000
2021 $1,513 $113,437 $30,167 $83,270
2020 $1,491 $112,274 $29,858 $82,416
2019 $1,452 $110,073 $29,273 $80,800
2018 $1,418 $107,915 $28,699 $79,216
2017 $1,406 $105,799 $28,136 $77,663
2016 $1,391 $103,724 $27,584 $76,140
2015 $1,382 $102,166 $27,170 $74,996
2014 $1,358 $100,165 $26,638 $73,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21089813

California Regional Multiple Listing Service (CRMLS)

APN: 0171-251-04

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