NOT LISTED FOR SALE

Estimated Value: $813,000 - $1,211,000

9 Beds
5 Baths
3,852 Sq Ft
$261/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $650,000 $169 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,934/month

20 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room
  • Crafton Elementary School Rated A-
  • Evaporated cooling system
  • Central Heating

About This Home

As of October 2020

INCREDIBLE INVESTMENT OPPORTUNITY in a great location of REDLANDS. This uniquely designed 4-plex has a single story 3 BEDROOM, 1 ¾ BATH apartment home with a private backyard and is connected to (2) 2 BEDROOM, 1 BATH apartments with individual PRIVATE BACKYARDS. All three ground floor apartments access large private STORAGE CLOSETS from the back yards. The 3rd 2 BEDROOM, 1 BATH apartment is located above the carport and has a PRIVATE DECK. The laundry room facility is empty and offers another form of monthly income. Each apartment has a designated CARPORT parking spot and there is ample curbside parking. Located near the University of Redlands, close to freeway access and City Bus route. Call today for more information on this amazing opportunity! The property will be sold “as-is” and Sale contingent on being sold with 205 Judson St. (APN: 0170-221-25-0000)

Last Agent to Sell the Property

HEATHER BURTON

CENTURY 21 LOIS LAUER REALTY License #02094938 Listed on: 08/20/2020

CENTURY 21 LOIS LAUER REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 1,989 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in fair condition
  • Corner Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Home Design

  • Ranch Style House
  • Split Level Home
  • Quadruplex
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,852 Sq Ft Home
  • Blinds
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 6883
  • Assessor Parcel Number 0170221260000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: No
  • Architectural Style: Ranch
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0170221260000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Formica Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One, Multi/Split
  • Price Per Square Foot: 168.74
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 4.00
  • Parking Features: Carport, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Sprinkler System
  • Lot Size Sq Ft: 1989.00
  • Lot Size Acres: 0.0457

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 67908.00
  • Lot Size Area: 1989.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Patio: 3
  • Number With Range: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 84.04
  • Tax Lot: 21
  • Tax Tract Number: 6883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Dec 15, 2020
Sold by
Arora Sartaj Marty and Akankshi Aashi
Bought by
Masa Group Llc
Seller's Agent
HEATHER BURTON
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$758,000
Sold Price
$650,000
Premium/Discount to List
-$108,000
-14.25%
Current Estimated Value
$1,003,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,667
Avg. Annual Appreciation
8.68%

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 7, 2020
Sold by
Masa Group Llc
Bought by
Arora Sartaj Marty and Arora Akankshi Aashi
Seller's Agent
HEATHER BURTON
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$758,000
Sold Price
$650,000
Premium/Discount to List
-$108,000
-14.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 8, 2020
Sold by
Burton David H and Burton Cheryl L
Bought by
Masa Group Llc
Seller's Agent
HEATHER BURTON
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$758,000
Sold Price
$650,000
Premium/Discount to List
-$108,000
-14.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 20, 2020
Closed on
Oct 1, 2020
Sold by
Burton Trust and Burton David H
Bought by
Masa Group Llc
Seller's Agent
HEATHER BURTON
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$758,000
Sold Price
$650,000
Premium/Discount to List
-$108,000
-14.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 30, 2000
Sold by
Burton David H
Bought by
Burton David H and Burton Cheryl L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Masa Group Llc -- Accommodation/Courtesy Recordi
Arora Sartaj Marty -- None Available
Masa Group Llc $1,300,000 Fidelity National Title Co
Masa Group Llc $1,300,000 Fidelity National Title
Burton David H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masa Group Llc $910,000
Previous Owner Masa Group Llc $910,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $650,000 -14.2% $169 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $758,000 -- $197 / 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 $8,228 $703,581 $140,716 $562,865
2024 $8,228 $689,785 $137,957 $551,828
2023 $8,218 $676,260 $135,252 $541,008
2022 $8,100 $663,000 $132,600 $530,400
2021 $8,247 $650,000 $130,000 $520,000
2020 $3,743 $290,991 $53,555 $237,436
2019 $3,641 $285,285 $52,505 $232,780
2018 $3,553 $279,691 $51,475 $228,216
2017 $3,524 $274,207 $50,466 $223,741
2016 $3,485 $268,830 $49,476 $219,354
2015 $3,460 $264,792 $48,733 $216,059
2014 $3,399 $259,605 $47,778 $211,827
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20169219

California Regional Multiple Listing Service (CRMLS)

APN: 0170-221-26