Seller's Agent in 2019
Philip Kang
Real Broker
(714) 724-1841
72 Total Sales
1250 Tribune St Unit D Redlands, CA 92374
North Redlands NeighborhoodEstimated Value: $1,135,500 - $1,210,000
7
Beds
5
Baths
4,006
Sq Ft
$296/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Corner Lot
- Lawn
- Citrus Valley High School Rated A
- Granite Countertops
- Laundry Room
About This Home
As of November 2019One of the best, "Covington Style" 4-Units in the area on a prime corner lot with abundant parking and stable tenants. Excellent cash-flow and plenty of upside on rents. Current income is $5300 per month. Well maintained units, built in 1981 and a low cost per square foot. Two of the units are completely remodeled with brand new floors, kitchen cabinets and counters and brand new appliances. Separate electric and gas meters for each unit and a great bed/bath mix which consists of a 3 bed, 2 bath unit and three 2 bedroom units. All 4 units have its own detached garage with an additional 3 covered carports spaces and 2 uncovered parking spaces designated for this property. All units have central ac and heating. One of the AC systems has been replaced within the last 6 months with a brand new Trane AC with new ducting. The landscaping and the carports are managed by the HOA. Conveniently located near public transportation, freeways, shops, restaurants and more. Located in close proximity to Redlands University, Loma Linda University, Loma Linda Hospital, 10 & 210 freeways.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,075
Year Built
- Built in 1981
Lot Details
- 0.28 Acre Lot
- Two or More Common Walls
- Corner Lot
- Rectangular Lot
- Level Lot
- Lawn
- Value in Land
HOA Fees
- $360 Monthly HOA Fees
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- 3 Carport Spaces
- Parking Available
Home Design
- Patio Home
- Quadruplex
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
Interior Spaces
- 4,006 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Family Room with Fireplace
Kitchen
- Gas Oven
- Gas Range
- Range Hood
- Granite Countertops
- Disposal
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Rain Gutters
Location
- Property is near public transit
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Water Heater
- Sewer Assessments
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1
- Tax Tract Number 10141
- Assessor Parcel Number 0167264010000
Community Details
Overview
- 4 Units
- Mountain View HOA, Phone Number (951) 682-5454
- Maintained Community
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $660
- Fuel Expense $624
- Insurance Expense $1,890
- Maintenance Expense $1,200
- Other Expense $4,680
- Pest Control $900
- Water Sewer Expense $3,000
- New Taxes Expense $9,266
- Operating Expense $22,220
- Gross Income $63,600
- Net Operating Income $41,380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 3, 2024
Sold by
Phinak Bak Family Trust and Bak Phinak
Bought by
Wingo Mark and Wingo Tina
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$780,003
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$399,590
Purchase Details
Listed on
Oct 21, 2019
Closed on
Nov 15, 2019
Sold by
Kang Philip
Bought by
Bak Phinak and Phinak Bak Family Trust
Seller's Agent
Philip Kang
Real Broker
Buyer's Agent
Helen Chan
IRN REALTY
List Price
$789,900
Sold Price
$790,000
Premium/Discount to List
$100
0.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%
Original Mortgage
$266,600
Interest Rate
3.5%
Purchase Details
Closed on
Apr 18, 2017
Sold by
Ramirez Marco Antonio and Ramirez Bertha Alicia
Bought by
Kang Philip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,025
Interest Rate
3.95%
Mortgage Type
VA
Purchase Details
Closed on
Mar 3, 2003
Sold by
Strhak Nadia
Bought by
Ramirez Marco Antonio and Ramirez Bertha Alicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
5.79%
Purchase Details
Closed on
Jul 18, 2000
Sold by
Ocean Place
Bought by
Strhak Nadia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
8.16%
Purchase Details
Closed on
Feb 10, 2000
Sold by
Bankers Trust Company Of Ca Na
Bought by
Ocean Place Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,360
Interest Rate
8.14%
Purchase Details
Closed on
Jan 14, 2000
Sold by
Smith Rico L
Bought by
Bankers Trust Company Of Ca Na and Imh Assets Corp Collateralized Asset Bac
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,360
Interest Rate
8.14%
Purchase Details
Closed on
Jun 25, 1997
Sold by
Smith Natasha K
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
7.91%
Purchase Details
Closed on
May 13, 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
7.91%
Purchase Details
Closed on
Mar 3, 1994
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
7.15%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wingo Mark | $1,150,000 | Western Resources Title | |
| Bak Phinak | $790,000 | Stewart Title Of Ca Inc | |
| Kang Philip | $551,000 | Fidelity National Title Co | |
| Ramirez Marco Antonio | $304,000 | Fidelity National Title | |
| Strhak Nadia | $355,000 | Gateway Title Company | |
| Ocean Place Llc | $207,500 | Chicago Title Co | |
| Bankers Trust Company Of Ca Na | -- | -- | |
| Smith Rico L | -- | American Title | |
| Smith Rico L | $295,000 | American Title | |
| -- | -- | Orange Coast Title Co | |
| -- | -- | Orange Coast Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wingo Mark | $787,500 | |
| Previous Owner | Bak Phinak | $266,600 | |
| Previous Owner | Kang Philip | $517,025 | |
| Previous Owner | Ramirez Marco Antonio | $214,520 | |
| Previous Owner | Ramirez Marco Antonio A | $100,000 | |
| Previous Owner | Ramirez Marco Antonio | $243,200 | |
| Previous Owner | Strhak Nadia | $248,500 | |
| Previous Owner | Ocean Place Llc | $207,360 | |
| Previous Owner | Smith Rico L | $221,250 | |
| Previous Owner | Mcnamee Philip H | $182,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/20/2019 11/20/19 | Sold | $790,000 | 0.0% | $197 / Sq Ft |
| 10/21/2019 10/21/19 | Pending | -- | -- | -- |
| 10/21/2019 10/21/19 | For Sale | $789,900 | -- | $197 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,075 | $847,039 | $214,440 | $632,599 |
| 2023 | $10,063 | $830,430 | $210,235 | $620,195 |
| 2022 | $9,918 | $814,147 | $206,113 | $608,034 |
| 2021 | $10,099 | $798,184 | $202,072 | $596,112 |
| 2020 | $9,949 | $790,000 | $200,000 | $590,000 |
| 2019 | $7,052 | $562,020 | $183,600 | $378,420 |
| 2018 | $6,878 | $551,000 | $180,000 | $371,000 |
| 2017 | $4,827 | $379,372 | $24,958 | $354,414 |
| 2016 | $4,774 | $371,934 | $24,469 | $347,465 |
| 2015 | $4,739 | $366,347 | $24,101 | $342,246 |
| 2014 | $4,655 | $359,171 | $23,629 | $335,542 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Kang
-
Helen Chan
Buyer's Agent in 2019
Helen Chan
IRN REALTY
(626) 447-5100
2 in this area
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19248161
APN: 0167-264-01
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 610 E Lugonia Ave Unit 4
- 623 Church Place Unit 3
- 1120 Herald St
- 733 E Brockton Ave
- 1125 6th St
- 1013 Herald St
- 1027 6th St
- 1002 Tribune St
- 1509 Lassen St
- 821 Lombard Dr
- 405 E Colton Ave
- 312 W Lugonia Ave
- 1601 Irwin Ct
- 361 E San Bernardino Ave
- 1143 Webster St
- 0 Columbia St Unit TR25041730
- 926 College Ave
- 1205 N University St
- 1606 Orange St
- 903 Ohio St
- 1250 Tribune St Unit A
- 1250 Tribune St Unit C
- 1250 Tribune St Unit D
- 1250 Tribune St
- 416 E Lugonia Ave Unit B
- 416 E Lugonia Ave
- 1240 Tribune St Unit B
- 1240 Tribune St Unit A
- 1240 Tribune St Unit C
- 1240 Tribune St
- 316 E Lugonia Ave
- 419 Courier Ave
- 426 E Lugonia Ave Unit A
- 426 E Lugonia Ave Unit C
- 426 E Lugonia Ave
- 1239 Tribune St Unit A
- 312 E Lugonia Ave
- 429 Courier Ave
- 1235 Tribune St
- 502 E Lugonia Ave