NOT LISTED FOR SALE
8 Beds
8 Baths
4,224 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: July 23, 2021

Last sale price $978,400 $232 Per Sq Ft

3 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 4 Car Garage
  • Crafton Elementary School Rated A-
  • Central Heating
  • Laundry Facilities

About This Home

As of July 2021

LOCATION, LOCATION, LOCATION! Four unit property less than 1 mile from the University of Redlands main campus. Each unit features approximately 1100 square feet per unit with 2 bedrooms 1.5 bathrooms and have separate gas and electrical meters. Property features on site laundry room, recently paved parking lot with vinyl fencing, copper plumbing and newer windows. Each unit has their own garage with automatic garage door opener, central heat and wall AC units. Great opportunity for FHA and VA buyers with low or no down payment. Excellent investment for new and seasoned real estate investors. Ideal for 1031 exchange buyers looking to maximize their rental income potential.

Last Agent to Sell the Property

Patricia Juarez

GMA REAL ESTATE License #01402996 Listed on: 06/04/2021

Last Buyer's Agent

Amerie McGee

Realty One Group Pacific License #02086128

Realty One Group Pacific
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 12,750 Sq Ft Lot
  • Two or More Common Walls
  • Vinyl Fence
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • 4,224 Sq Ft Home
  • Quadruplex
  • Copper Plumbing

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Additional Features

  • Gas Range
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 15
  • Tax Tract Number 6932
  • Assessor Parcel Number 0170251380000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $373
  • Fuel Expense $473
  • Gardener Expense $1,200
  • Insurance Expense $1,275
  • Trash Expense $1,500
  • Water Sewer Expense $1,896
  • New Taxes Expense $11,565
  • Operating Expense $18,362
  • Gross Income $69,480
  • Net Operating Income $62,383

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.29 Acres

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 1896.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0170251380000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 231.63
  • Room Type: All Bedrooms Up

Exterior Features

  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Side, Garage Door Opener, On Site
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Common Area, Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 12750.00
  • Lot Size Acres: 0.2927

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 373.00
  • Fuel Expense: 473.00
  • Gross Income: 69480.00
  • Gross Scheduled Income: 67320.00
  • Insurance Expense: 1275.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2160.00
  • Lot Size Area: 12750.0000 Square Feet
  • Net Operating Income: 62383.00
  • 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
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 1
  • Operating Expense: 6797.00
  • Rent Control: No
  • Total Actual Rent: 5610.00
  • Total Expenses: 18362.00

Tax Info

  • New Taxes Expense: 11565.00
  • Tax Census Tract: 84.04
  • Tax Lot: 15
  • Tax Tract Number: 6932

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
Jun 4, 2021
Closed on
Jun 30, 2021
Sold by
Decker Richard R and Decker Knowelle C
Bought by
Seller's Agent
Patricia Juarez
GMA REAL ESTATE
Buyer's Agent
Amerie McGee
Realty One Group Pacific
List Price
$950,000
Sold Price
$978,400
Premium/Discount to List
$28,400
2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Outstanding Balance
$653,872
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2010
Sold by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Boateng Abraham K
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 15, 2006
Sold by
Moore Cassandra
Bought by
Boateng Abraham K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,780
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 8, 2006
Sold by
Dickens Eric T
Bought by
Boateng Abraham K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,780
Interest Rate
6.33%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 6, 1999
Sold by
Shah Snehal
Bought by
Dickens Eric T

Purchase Details

Closed on
Jul 17, 1996
Sold by
Yasuda James S and Yasuda William K
Bought by
Shah Snehal and Shah Bhavna
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
$978,500 California Members Title
-- $288,000 Landsafe Title
Deutsche Bank National Trust Company $246,500 Landsafe Title
Boateng Abraham K -- Fidelity National Title
Boateng Abraham K $639,000 Fidelity National Title
Dickens Eric T $275,000 Gateway Title Company
Shah Snehal -- Chicago 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 $736,000
Previous Owner -- $213,750
Previous Owner Boateng Abraham K $127,780
Previous Owner Boateng Abraham K $511,120
Previous Owner Dickens Eric T $391,300
Previous Owner Dickens Eric T $111,800
Previous Owner Dickens Eric T $360,000
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
07/23/2021 07/23/21 Sold $978,400 +3.0% $232 / Sq Ft
06/07/2021 06/07/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $950,000 -- $225 / 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 $12,940 $1,059,052 $216,487 $842,565
2025 $12,940 $1,038,286 $212,242 $826,044
2024 $12,082 $1,017,927 $208,080 $809,847
2023 $12,068 $997,968 $204,000 $793,968
2022 $11,894 $978,400 $200,000 $778,400
2021 $4,384 $340,878 $71,016 $269,862
2020 $4,320 $337,383 $70,288 $267,095
2019 $4,202 $330,768 $68,910 $261,858
2018 $4,099 $324,283 $67,559 $256,724
2017 $4,065 $317,924 $66,234 $251,690
2016 $4,021 $311,690 $64,935 $246,755
2015 $3,991 $307,009 $63,960 $243,049
2014 $3,921 $300,995 $62,707 $238,288
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21096311

California Regional Multiple Listing Service (CRMLS)

APN: 0170-251-38

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