NOT LISTED FOR SALE

2055 Colorado St Redlands, CA 92374

North Redlands Neighborhood

Estimated Value: $787,128 - $811,000

6 Beds
4 Baths
3,028 Sq Ft
$264/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $710,000 $234 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,972/month

About This Home

As of August 2022

Welcome to Redlands Village! A charming, safe community adjoining the gorgeous Israel Beal park, and within walking distance of the award winning Citrus Valley High School. Minutes from historic downtown, MountainView shopping malls and Esri. This 6 bedroom with 4 bathroom residence is well maintained and 100% move-in ready! You will enjoy the many useful spaces of this home! Its multigenerational floor plan suites the modern family with two primary level bedrooms with ensuite bathrooms. Working from home will be a breeze with plenty of space to set up an office or multiple offices on either the first or second floors. The property itself is well appointed and features newer vinyl fencing surrounding the property, brand new alumawood patio cover, large rear yard, luxury vinyl plank floors, recessed lighting, kitchen ice maker hookup, 220v car charging hookup and fresh paint throughout the interior. The rear yard is flat and can accommodate grass, desert landscaping or even a new pool. The 2nd floor bedrooms have sweeping views of the San Bernardino mountains and with that, amazing sunsets. Come see all that this home and charming city have to offer!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 10, 2022
Sold by
Kaur Jagjeet
Bought by
Bhasin Gurmit
Seller's Agent
Jeremy Hubacek
COMPASS
Buyer's Agent
Lakshmi Kapoor
ALTA REALTY GROUP CA, INC.
List Price
$769,000
Sold Price
$710,000
Premium/Discount to List
-$59,000
-7.67%
Views
12
Current Estimated Value
$798,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,282
Avg. Annual Appreciation
3.78%
Original Mortgage
$639,000
Outstanding Balance
$609,882
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$188,400

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 2, 2022
Sold by
Purohit Mandar
Bought by
Bhasin Gurmit
Seller's Agent
Jeremy Hubacek
COMPASS
Buyer's Agent
Lakshmi Kapoor
ALTA REALTY GROUP CA, INC.
List Price
$769,000
Sold Price
$710,000
Premium/Discount to List
-$59,000
-7.67%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Outstanding Balance
$609,882
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$188,400

Purchase Details

Listed on
Dec 8, 2011
Closed on
Jun 29, 2012
Sold by
Bharadwaj Mrinmayee Mohan
Bought by
Purohit Mandar
Seller's Agent
GERRY RAMOS
KELLER WILLIAMS REALTY
Buyer's Agent
GERRY RAMOS
KELLER WILLIAMS REALTY
List Price
$35,990
Sold Price
$290,000
Premium/Discount to List
$254,010
705.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$232,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2011
Closed on
Jun 20, 2012
Sold by
Khan Shafqat
Bought by
Purohit Mandar
Seller's Agent
GERRY RAMOS
KELLER WILLIAMS REALTY
Buyer's Agent
GERRY RAMOS
KELLER WILLIAMS REALTY
List Price
$35,990
Sold Price
$290,000
Premium/Discount to List
$254,010
705.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2008
Sold by
Beazer Homes Holding Corp
Bought by
Khan Shafqat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,255
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bhasin Gurmit -- None Listed On Document
Bhasin Gurmit $710,000 Ticor Title
Purohit Mandar -- Landwood Title
Purohit Mandar $290,000 Landwood Title
Khan Shafqat -- Landwood Title Company
Khan Shafqat $440,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhasin Gurmit $639,000
Closed Bhasin Gurmit $639,000
Previous Owner Purohit Mandar $232,000
Previous Owner Khan Shafqat $423,255
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2022 08/23/22 Sold $710,000 -3.9% $234 / Sq Ft View Prior Sale
07/27/2022 07/27/22 Price Changed $739,000 -3.9% $244 / Sq Ft
07/13/2022 07/13/22 For Sale $769,000 +165.2% $254 / Sq Ft
07/26/2012 07/26/12 Sold $290,000 -10.8% $96 / Sq Ft View Prior Sale
06/15/2012 06/15/12 Pending -- -- --
01/06/2012 01/06/12 Price Changed $325,000 -9.7% $107 / Sq Ft
12/08/2011 12/08/11 Price Changed $359,900 +900.0% $119 / Sq Ft
12/08/2011 12/08/11 For Sale $35,990 -- $12 / Sq Ft

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 $8,553 $738,684 $221,605 $517,079
2024 $8,553 $724,200 $217,260 $506,940
2023 $8,543 $710,000 $213,000 $497,000
2022 $4,009 $336,517 $100,955 $235,562
2021 $4,081 $329,918 $98,975 $230,943
2020 $4,019 $326,535 $97,960 $228,575
2019 $3,905 $320,132 $96,039 $224,093
2018 $3,806 $313,855 $94,156 $219,699
2017 $3,773 $307,701 $92,310 $215,391
2016 $3,729 $301,668 $90,500 $211,168
2015 $3,700 $297,137 $89,141 $207,996
2014 $3,631 $291,317 $87,395 $203,922
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Hubacek

    Seller's Agent in 2022

    Jeremy Hubacek

    COMPASS

    (951) 347-8832

    5 in this area

    130 Total Sales

    Jeremy Hubacek
    Section Image

  • L

    Buyer's Agent in 2022

    Lakshmi Kapoor

    ALTA REALTY GROUP CA, INC.

    (909) 364-9005

    2 in this area

    74 Total Sales

    Lakshmi Kapoor
    Section Image
  • GERRY RAMOS

    Seller's Agent in 2012

    GERRY RAMOS

    KELLER WILLIAMS REALTY

    (909) 953-0707

    5 in this area

    110 Total Sales

    GERRY RAMOS
    Section Image
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Map

California San Bernardino County Redlands 92374 North Redlands

2055 Colorado St, Redlands, CA

This home is located at 2055 Colorado St, Redlands, CA 92374 and is currently estimated at $798,282, approximately $263 per square foot. 2055 Colorado St is a home located in San Bernardino County with nearby schools including Lugonia Elementary School, Clement Middle School, and Citrus Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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