NOT LISTED FOR SALE

Estimated Value: $661,245 - $739,000

3 Beds
2 Baths
2,382 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 09, 2018

Last sale price $425,000 $178 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,126/month

28 Days on Market

Highlights

  • Attached Guest House
  • City Lights View
  • No HOA
  • Crafton Elementary School Rated A-
  • Corner Lot
  • Balcony

About This Home

As of May 2018

Legal Guesthouse or rental unit on the north side of the home has 1 bedroom and 1 bathroom with its own laundry area and covered patio. Perfect for extra income. Recently remodeled Turn of the century home close to the University of Redlands set on a large corner 9000+ lot with several fruit trees and a guest house! Open floor plan with living room, kitchen, breakfast nook and laundry in a convenient closet space. Nice deck off of one upstairs bedroom perfect for relaxing. A must see!

Last Agent to Sell the Property

Jose Diaz

JOSE ANTONIO DIAZ, BROKER License #01179174 Listed on: 02/28/2018

Last Buyer's Agent

Jessica Bouzane

Berkshire Hathaway Homeservices California Realty License #01905244

Berkshire Hathaway Homeservices California Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,615

Year Built

  • Built in 1901

Lot Details

  • 9,625 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Property Views

  • City Lights
  • Mountain

Home Design

  • Composition Roof

Interior Spaces

  • 2,382 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Laundry Room
  • Basement

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Converted Bedroom
  • 2 Bathrooms

Parking

  • Carport
  • Parking Available

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Homes

  • Attached Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 84
  • Assessor Parcel Number 0170221120000

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • Insurance Expense $861
  • Other Expense $75
  • Operating Expense $936
  • Gross Income $2,600
  • Net Operating Income $1,664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,615

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 0170221120000
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 178.42
  • Room Type: All Bedrooms Up, Basement, Converted Bedroom, Kitchen, Living Room

Exterior Features

  • Other Structures: Guest House, Guest House Attached
  • View: City Lights, Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 9625.00

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 2600.00
  • Insurance Expense: 860.86
  • Net Operating Income: 1664.14
  • Number Of Units Leased: 2
  • Operating Expense: 935.86
  • Other Expense: 75.00
  • Other Expense Description: asagreed
  • Rent Control: No
  • Total Actual Rent: 2600.00
  • Total Expenses: 935.86

Tax Info

  • Tax Census Tract: 84.04
  • Tax Lot: 24
  • Tax Tract Number: 84.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 30, 2018
Sold by
Investnotic Llc
Bought by
Salmon Cicero and Salmon Janet M
Seller's Agent
Jose Diaz
JOSE ANTONIO DIAZ, BROKER
Buyer's Agent
Jessica Bouzane
Berkshire Hathaway Homeservices California Realty
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$698,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,811
Avg. Annual Appreciation
6.88%
Original Mortgage
$318,750
Outstanding Balance
$274,120
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$424,691

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 27, 2017
Sold by
Dobbertin Jason
Bought by
Investnotic Llc
Seller's Agent
Bud Reynolds
COLDWELL BANKER KIVETT-TEETERS
Buyer's Agent
Karah Shaw
KELLER WILLIAMS REALTY
List Price
$389,000
Sold Price
$369,000
Premium/Discount to List
-$20,000
-5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.28%

Purchase Details

Listed on
Mar 18, 2015
Closed on
Aug 23, 2015
Sold by
Mork Damon
Bought by
Dobbertin Jason
Seller's Agent
Gabe Parker
MOUNTAIN AIR REAL ESTATE-YUC
Buyer's Agent
Gabe Parker
MOUNTAIN AIR REAL ESTATE-YUC
List Price
$319,900
Sold Price
$295,000
Premium/Discount to List
-$24,900
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.60%

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 13, 2013
Sold by
Kenney Joan H
Bought by
Mork Damon
Seller's Agent
Allison West-Ferguson
RE/MAX ADVANTAGE
Buyer's Agent
Jeff Maas
NATIONAL REALTY GROUP
List Price
$240,000
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$235,653
Interest Rate
4.4%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Salmon Cicero $425,000 Ticor Title Company Of Calif
Investnotic Llc $369,000 Ticor Title
Dobbertin Jason -- Ticor Title
Dobbertin Jason $275,000 Lawyers Title
Mork Damon $240,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salmon Cicero $318,750
Previous Owner Mork Damon $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/09/2018 05/09/18 Sold $425,000 -5.3% $178 / Sq Ft
05/09/2018 05/09/18 Price Changed $449,000 0.0% $188 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $449,000 +21.7% $188 / Sq Ft
09/12/2017 09/12/17 Sold $369,000 -5.1% $155 / Sq Ft View Prior Sale
08/03/2017 08/03/17 For Sale $389,000 0.0% $163 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $389,000 +31.9% $163 / Sq Ft
08/31/2015 08/31/15 Sold $295,000 +3.5% $124 / Sq Ft View Prior Sale
08/23/2015 08/23/15 Pending -- -- --
06/17/2015 06/17/15 Price Changed $285,000 -3.4% $120 / Sq Ft
05/19/2015 05/19/15 Price Changed $295,000 -1.3% $124 / Sq Ft
04/21/2015 04/21/15 Price Changed $299,000 -6.5% $126 / Sq Ft
03/18/2015 03/18/15 For Sale $319,900 +33.3% $134 / Sq Ft
04/16/2013 04/16/13 Sold $240,000 0.0% $101 / Sq Ft View Prior Sale
03/06/2013 03/06/13 Pending -- -- --
11/26/2012 11/26/12 For Sale $240,000 -- $101 / 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 $5,615 $483,576 $144,504 $339,072
2024 $5,615 $474,095 $141,671 $332,424
2023 $5,608 $464,799 $138,893 $325,906
2022 $5,527 $455,686 $136,170 $319,516
2021 $5,628 $446,751 $133,500 $313,251
2020 $5,544 $442,170 $132,131 $310,039
2019 $5,389 $433,500 $129,540 $303,960
2018 $4,568 $286,110 $86,353 $199,757
2017 $3,522 $280,500 $84,660 $195,840
2016 $3,483 $275,000 $83,000 $192,000
2015 $5,717 $245,907 $73,772 $172,135
2014 $5,661 $241,090 $72,327 $168,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV18046103

California Regional Multiple Listing Service (CRMLS)

APN: 0170-221-12