P
Seller's Agent in 2013
PABLO PINEDA
HOME REALTY CENTER
137 W Pennsylvania Ave Redlands, CA 92374
North Redlands NeighborhoodEstimated Value: $418,000 - $730,000
1
Bed
1
Bath
960
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- No HOA
- Citrus Valley High School Rated A
- Wall Furnace
About This Home
As of July 2013Standard sale -- no need to wait for a response. Perfect cash flow property in Redlands. It is in great shape. The perfect investment for great cash flow. Both units are 1bed & 1bath.
Plenty of room for parking in front of each unit or in the gated back yard. This is a great investment for the buyer wanting to live in one unit or just wanting to enjoy the great return on their investment from renting both units. Centrally located near schools, shopping, freeway access, etc... Just minutes from the new Redlands Citrus Plaza and from the Historical Downtown Area.
Back on the market -- the buyer could not perform.
Last Agent to Sell the Property
PABLO PINEDA
HOME REALTY CENTER License #01777405 Listed on: 04/24/2013
Last Buyer's Agent
PABLO PINEDA
HOME REALTY CENTER License #01777405 Listed on: 04/24/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,242
Year Built
- Built in 1954
Lot Details
- 5,690 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- 960 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Additional Features
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 27
- Tax Tract Number 12
- Assessor Parcel Number 0167211100000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $350
- Trash Expense $360
- Water Sewer Expense $1,200
- New Taxes Expense $1,603
- Operating Expense $3,513
- Gross Income $1,400
- Net Operating Income $13,287
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 8, 2013
Sold by
Sosa Sandra
Bought by
Jerez Isidro
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
$157,102
Interest Rate
4.4%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 13, 2009
Sold by
Gutierrez Mario
Bought by
Sosa Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,518
Interest Rate
4.88%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 5, 2008
Sold by
Gutierrez Mary Beth
Bought by
Gutierrez Mario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 16, 2008
Sold by
Scherer Robert Kenneth
Bought by
Scherer Robert Kenneth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 11, 2008
Sold by
Scherer Robert Kenneth
Bought by
Gutierrez Mario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
6.32%
Mortgage Type
Stand Alone Second
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 |
|---|---|---|---|
| Jerez Isidro | $160,000 | Lawyers Title Ie | |
| Sosa Sandra | $137,000 | Chicago Title Company | |
| Gutierrez Mario | -- | Chicago Title Company | |
| Scherer Robert Kenneth | $168,000 | None Available | |
| Gutierrez Mario | $97,000 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jerez Isidro | $250,000 | |
| Closed | Jerez Isidro | $157,000 | |
| Previous Owner | Jerez Isidro | $157,102 | |
| Previous Owner | Sosa Sandra | $130,350 | |
| Previous Owner | Sosa Sandra | $134,518 | |
| Previous Owner | Gutierrez Mario | $6,000 | |
| Previous Owner | Gutierrez Mario | $80,000 | |
| Previous Owner | Scherer Robert Kenneth | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2013 07/08/13 | Sold | $160,000 | -5.8% | $167 / Sq Ft |
| 04/30/2013 04/30/13 | Pending | -- | -- | -- |
| 01/26/2013 01/26/13 | For Sale | $169,900 | -- | $177 / 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 |
|---|---|---|---|---|
| 2025 | $2,242 | $196,135 | $36,774 | $159,361 |
| 2024 | $2,242 | $192,289 | $36,053 | $156,236 |
| 2023 | $2,238 | $188,519 | $35,346 | $153,173 |
| 2022 | $2,204 | $184,823 | $34,653 | $150,170 |
| 2021 | $2,242 | $181,199 | $33,974 | $147,225 |
| 2020 | $2,209 | $179,341 | $33,626 | $145,715 |
| 2019 | $2,146 | $175,825 | $32,967 | $142,858 |
| 2018 | $2,092 | $172,378 | $32,321 | $140,057 |
| 2017 | $2,073 | $168,998 | $31,687 | $137,311 |
| 2016 | $2,049 | $165,685 | $31,066 | $134,619 |
| 2015 | $2,033 | $163,196 | $30,599 | $132,597 |
| 2014 | $1,995 | $160,000 | $30,000 | $130,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV13010723
APN: 0167-211-10
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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
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