NOT LISTED FOR SALE

1365 Crafton Ave Unit 1040 Mentone, CA 92359

North Redlands Neighborhood

Estimated Value: $229,000 - $239,000

1 Bed
1 Bath
716 Sq Ft
$305/mo HOA Fee

Last Sold December 21, 2020

Last sale price $140,000 $196 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,739/month

28 Days on Market

Highlights

  • Community Pool
  • Living Room
  • Laundry Room
  • Redlands East Valley High School Rated A-
  • Controlled Access
  • Central Heating and Cooling System

About This Home

As of December 2020

Wonderful opportunity for an investor or first-time buyer located in the "Marabella" condominium community. This gated-guarded complex offers many amenities including a sparkling swimming pool, spa, and well-kept common areas. This 1 bedroom 1 bathroom unit is located on the first floor, has in unit laundry, a 1 car garage and is currently tenant occupied. Near shopping and adjacent to Crafton Elementary this unit will go fast! Interior photos taken prior to tenant moving in.

Last Agent to Sell the Property

Thomas Gibson

THE WRIGHT ASSOCIATED COMPANIES License #01319085 Listed on: 09/25/2020

Last Buyer's Agent

Darcy Woolman

Elevate Real Estate Agency License #01406869

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,933

Year Built

  • Built in 1991

Lot Details

  • 897

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 716 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 1 / 51
  • Tax Tract Number 12631
  • Assessor Parcel Number 0298172510000

Community Details

Overview

  • 252 Units
  • Marbella Association, Phone Number (909) 359-2389
  • Excalibre Management HOA

Recreation

  • Community Pool

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,933

Year Built

Built in 1991

Lot Details

0

HOA Fees

$305 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: Jamie Gaytan
  • Other Phone Number: 909-320-2798
  • Property Attached: Yes
  • View: No
  • Zoning: RM
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 0298172510000
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 716.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 195.53
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Trash, Water, Controlled Access
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Association Name: Marbella
  • Phone: 909-359-2389
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Excalibre Management

Schools

  • School District: Redlands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 897.00
  • Lot Size Acres: 0.0206

Multi Family

  • Lease Considered: No
  • Lot Size Area: 897.0000 Square Feet
  • Number Of Units In Community: 252
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 51
  • Tax Census Tract: 86.01
  • Tax Lot: 1
  • Tax Tract Number: 12631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Nov 6, 2020
Sold by
Reed Richard D
Bought by
Obst Dean K and Palmer Richard A
Seller's Agent
Thomas Gibson
THE WRIGHT ASSOCIATED COMPANIES
Buyer's Agent
Darcy Woolman
Elevate Real Estate Agency
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
Current Estimated Value
$233,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,601
Avg. Annual Appreciation
11.56%
Original Mortgage
$98,000
Outstanding Balance
$87,450
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$146,151

Purchase Details

Closed on
Oct 7, 2020
Sold by
Reed Richard D and Richard D Reed Revocable Trust
Bought by
Reed Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Outstanding Balance
$87,450
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$146,151

Purchase Details

Closed on
Mar 20, 2009
Sold by
Reed Richard D
Bought by
Reed Richard D and Richard D Reed Revocable Trust

Purchase Details

Closed on
Aug 14, 2006
Sold by
Harrison Mark
Bought by
Reed Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.96%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 26, 2000
Sold by
Hud
Bought by
Harrison Mark

Purchase Details

Closed on
Mar 30, 2000
Sold by
Midfirst Bank
Bought by
Hud

Purchase Details

Closed on
Mar 15, 2000
Sold by
Fitts Eva J
Bought by
Midfirst Bank and Midfirst Bank State Svgs Bank
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
Obst Dean K $140,000 Fidelity National Title Co
Reed Richard D -- North American Title
Reed Richard D -- None Available
Reed Richard D $165,000 Community Title
Harrison Mark $32,500 Lawyers Title Company
Hud -- United Title Company
Midfirst Bank $58,756 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obst Dean K $98,000
Previous Owner Reed Richard D $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $140,000 -3.4% $196 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $145,000 0.0% $203 / Sq Ft
10/01/2013 10/01/13 Rented $800 +3.2% --
09/20/2013 09/20/13 Under Contract -- -- --
08/22/2013 08/22/13 For Rent $775 -- --
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 $1,933 $151,541 $37,885 $113,656
2024 $1,933 $148,569 $37,142 $111,427
2023 $1,926 $145,656 $36,414 $109,242
2022 $1,896 $142,800 $35,700 $107,100
2021 $1,922 $140,000 $35,000 $105,000
2020 $1,705 $123,600 $37,100 $86,500
2019 $1,648 $120,000 $36,000 $84,000
2018 $1,381 $111,800 $33,500 $78,300
2017 $1,300 $104,000 $31,200 $72,800
2016 $1,226 $97,200 $29,200 $68,000
2015 $1,144 $90,000 $27,000 $63,000
2014 $964 $76,000 $23,000 $53,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20201417

California Regional Multiple Listing Service (CRMLS)

APN: 0298-172-51