NOT LISTED FOR SALE

Estimated Value: $509,000 - $643,690

4 Beds
1.5 Baths
1,153 Sq Ft
$501/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $675,000 $585 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,340/month

308 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Laundry Room
  • Redlands East Valley High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of February 2020

PRICE REDUCTION! SELLER'S ARE MOTIVATED! MENTONE PORTFOLIO OF 3 PROPERTIES! FIRST TIME ON MARKET SINCE THE EARLY 1900'S AND PASSED THROUGH THREE GENERATIONS. SALE CONSISTS OF 3 CONTIGUOUS PARCELS ALONG HIGHWAY 38 (MENTONE BLVD) BETWEEN OPAL AND TURQUOISE. BE READY TO OWN HALF OF THE ENTIRE BLOCK. PROPERTIES PRESENTED ARE 1 RETAIL STORE, 2 SINGLE-FAMILY-RESIDENCES, AND 1 FOUR-PLEX. ALL THE UNITS ARE LEASED AS WELL AS THE RETAIL STORE. LOW RENTS CURRENTLY FOR TENANT STABILITY BUT THERE IS OPPORTUNITY FOR INCREASE. BRAND NEW SHOPPING CENTER ANCHORED BY CVS, STATER BROS, AND STARBUCKS LOCATED HALF-MILE AWAY. HIGHWAY 38 ROUTES TO BIG BEAR AND OTHER MOUNTAIN CITIES. MUST SELL WITH 1826 & 1840 MENTONE BLVD. PRICE IS FOR ALL 3 PARCELS.

Last Agent to Sell the Property

T.C. Obichang

eXp Realty of California Inc. License #01870646 Listed on: 03/14/2019

eXp Realty of California Inc.

Last Buyer's Agent

T.C. Obichang

eXp Realty of California Inc. License #01870646 Listed on: 03/14/2019

eXp Realty of California Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1925

Lot Details

  • 7,300 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CG-SCP

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 1,153 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 104003
  • Assessor Parcel Number 0298101390000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,196

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: CG-SCP
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0298101390000
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1153.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 585.43
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Redlands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7300.00
  • Lot Size Acres: 0.1676

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7300.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 86.01
  • Tax Lot: 10
  • Tax Tract Number: 104003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2022
Sold by
Elkhatib Ibrahim O and Elkhatib Kimberly A
Bought by
Interstate Realty Holdings Llc
Current Estimated Value
$591,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Outstanding Balance
$368,923
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$208,500

Purchase Details

Listed on
Mar 14, 2019
Closed on
Feb 13, 2020
Sold by
Lehmann Paige
Bought by
Lehmann Theodore Kelse
Seller's Agent
T.C. Obichang
eXp Realty of California Inc.
Buyer's Agent
T.C. Obichang
eXp Realty of California Inc.
List Price
$998,000
Sold Price
$675,000
Premium/Discount to List
-$323,000
-32.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.81%
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 14, 2019
Closed on
Feb 6, 2020
Sold by
Lehmann Robert K and Lehmann Barbara E
Bought by
Interstate Realty Holdings Llc
Seller's Agent
T.C. Obichang
eXp Realty of California Inc.
Buyer's Agent
T.C. Obichang
eXp Realty of California Inc.
List Price
$998,000
Sold Price
$675,000
Premium/Discount to List
-$323,000
-32.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2015
Sold by
Lehmann Robert K
Bought by
The Lehmann Family Revocable Living Trus
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
Interstate Realty Holdings Llc -- Unisource
Lehmann Theodore Kelse -- First American Title Company
Interstate Realty Holdings Llc $675,000 First American Title Company
The Lehmann Family Revocable Living Trus -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Interstate Realty Holdings Llc $382,500
Previous Owner Interstate Realty Holdings Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $675,000 -28.8% $585 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
05/29/2019 05/29/19 Price Changed $948,000 -5.0% $822 / Sq Ft
03/14/2019 03/14/19 For Sale $998,000 -- $866 / 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 $1,196 $87,490 $43,745 $43,745
2024 $1,196 $85,774 $42,887 $42,887
2023 $1,189 $84,092 $42,046 $42,046
2022 $1,169 $82,444 $41,222 $41,222
2021 $1,183 $80,828 $40,414 $40,414
2020 $463 $23,734 $13,419 $10,315
2019 $455 $23,269 $13,156 $10,113
2018 $291 $22,813 $12,898 $9,915
2017 $288 $22,366 $12,645 $9,721
2016 $285 $21,927 $12,397 $9,530
2015 $283 $21,598 $12,211 $9,387
2014 $273 $21,175 $11,972 $9,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19057477

California Regional Multiple Listing Service (CRMLS)

APN: 0298-101-39