NOT LISTED FOR SALE

Estimated Value: $722,056 - $815,000

4 Beds
2 Baths
2,012 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $700,000 $348 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,261/month

23 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Mountainous Community
  • Smiley Elementary School Rated A-
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of April 2024

Welcome to 1507 W Olive Ave in the heart of Redlands. This charming residence offers a perfect blend of classic architecture and cozy comforts. Featuring 4 bedrooms and 2 bathrooms, the open floor plan creates a seamless flow between the living, dining, and kitchen areas. Natural light floods the space, enhancing the warmth and inviting atmosphere. Opportunity awaits the completion of a partially renovated property, ready to make your own finishes. The backyard is a blank canvas, perfect for family gatherings among nature. Nestled in a desirable neighborhood, this home is conveniently located near schools, parks, and all things downtown Redlands.

Last Agent to Sell the Property

Brooks Bailey

Real Broker Brokerage Phone: 909-557-6150 License #01892672 Listed on: 02/16/2024

Real Broker

Co-Listed By

Justin Tye

Real Broker Brokerage Phone: 909-557-6150 License #01728694

Last Buyer's Agent

Jonathan Shidler

SHIDLER DEVELOPMENT INC License #01868741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,626

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,012 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Legal Lot and Block 1 / 17
  • Assessor Parcel Number 0172052170000
  • $469 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,626

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0172052170000
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2012.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 347.91
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12700.00
  • Lot Size Acres: 0.2916

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12700.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 83.01
  • Tax Lot: 1
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 469.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Feb 20, 2024
Sold by
Labonte Family Trust and Labonte Sally S
Bought by
Heijenga Heiko and Bhaggoe Monique
Seller's Agent
Brooks Bailey
Real Broker
Buyer's Agent
Jonathan Shidler
SHIDLER DEVELOPMENT INC
List Price
$700,000
Sold Price
$700,000
Views
36
Current Estimated Value
$772,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,264
Avg. Annual Appreciation
6.59%
Original Mortgage
$665,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2012
Sold by
Labonte Thomas W and Labonte La Bonte
Bought by
Labonte Thomas W and Labonte La Bonte

Purchase Details

Closed on
Jun 29, 1994
Sold by
Worthley Fred A
Bought by
Labonte Thomas W and Labonte Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.6%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Heijenga Heiko $700,000 Wfg National Title Company
Labonte Thomas W -- None Available
Labonte Thomas W $136,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heijenga Heiko $665,000
Previous Owner Labonte Thomas W $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $700,000 0.0% $348 / Sq Ft
02/16/2024 02/16/24 For Sale $700,000 -- $348 / 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 $2,626 $714,000 $214,200 $499,800
2024 $2,626 $226,623 $74,985 $151,638
2023 $2,621 $222,180 $73,515 $148,665
2022 $2,582 $217,824 $72,074 $145,750
2021 $2,627 $213,553 $70,661 $142,892
2020 $2,587 $211,363 $69,936 $141,427
2019 $2,514 $207,219 $68,565 $138,654
2018 $2,450 $203,156 $67,221 $135,935
2017 $2,428 $199,173 $65,903 $133,270
2016 $2,399 $195,268 $64,611 $130,657
2015 $2,380 $192,334 $63,640 $128,694
2014 $2,336 $188,566 $62,393 $126,173
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24032702

California Regional Multiple Listing Service (CRMLS)

APN: 0172-052-17