NOT LISTED FOR SALE
9 Beds
7 Baths
4,006 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: May 3, 2024

Last sale price $1,150,000 $287 Per Sq Ft

6 Days on Market

Highlights

  • Corner Lot
  • Landscaped
  • Laundry Facilities
  • Citrus Valley High School Rated A

About This Home

As of May 2024

Welcome to the heart of Redlands! Income-generating 4-unit property in a desirable neighborhood with a stable source of rental income. Good floor plant in each unit that has a lot more rent income potential for future growth. Property is conveniently located near public transportation, freeways, restaurants, schools, shopping centers, parks, and major transportation routes. Residents will appreciate easy access to all the amenities. The landscaping, trash are managed by the HOA. 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 garage with an additional 3 covered carports spaces and 2 uncovered parking spaces designated for this property. There is HOA fee $683 per month garden & trash are included.

Last Agent to Sell the Property

Helen Chan

IRN REALTY Brokerage Phone: 626-632-3688 License #01106869 Listed on: 03/12/2024

IRN REALTY

Last Buyer's Agent

MICHELLE FLOWERS

CENTURY 21 LOIS LAUER REALTY License #01243653

CENTURY 21 LOIS LAUER REALTY
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 12,390 Sq Ft Lot
  • Two or More Common Walls
  • Landscaped
  • Corner Lot

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,006 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167264010000
  • $1,759 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $6,370

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.28 Acres

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0167264010000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 287.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Walkstreet
  • Lot Size Sq Ft: 12390.00
  • Lot Size Acres: 0.2844

Multi Family

  • Gross Income: 6370.00
  • Gross Scheduled Income: 6370.00
  • Lot Size Area: 12390.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Actual Rent: 6370.00

Tax Info

  • Tax Census Tract: 80.03
  • Tax Lot: 1
  • Tax Tract Number: 10141
  • TaxOtherAnnualAssessmentAmount: 1759.00

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
Mar 12, 2024
Closed on
May 3, 2024
Sold by
Phinak Bak Family Trust and Bak Phinak
Bought by
Seller's Agent
Helen Chan
IRN REALTY
Buyer's Agent
MICHELLE FLOWERS
CENTURY 21 LOIS LAUER REALTY
List Price
$1,150,000
Sold Price
$1,150,000
Views
67

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
$768,991
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2019
Sold by
Kang Philip
Bought by
Bak Phinak and Phinak Bak Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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

Purchase Details

Closed on
May 13, 1997
Sold by
Harris Carl
Bought by
Smith Rico L

Purchase Details

Closed on
Mar 3, 1994
Sold by
Vre Mountain View Associates Ltd
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Redlands, CA

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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
$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

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 $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
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 Prior Sale
05/03/2024 05/03/24 Sold $1,150,000 0.0% $287 / Sq Ft
03/12/2024 03/12/24 For Sale $1,150,000 +108.7% $287 / Sq Ft
07/07/2017 07/07/17 Sold $551,000 -2.5% $138 / Sq Ft View Prior Sale
04/10/2017 04/10/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $565,000 -- $141 / Sq Ft
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 $14,603 $1,196,460 $358,938 $837,522
2025 $14,603 $1,173,000 $351,900 $821,100
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24050473

California Regional Multiple Listing Service (CRMLS)

APN: 0167-264-01

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