NOT LISTED FOR SALE
3 Beds
2 Baths
2,705 Sq Ft
2.05 Acre Lot

Sale Details

Date Sold: April 3, 2024

Last sale price $1,025,000 $379 Per Sq Ft

77 Days on Market

Highlights

  • Barn
  • Mountain View
  • No HOA
  • 2.05 Acre Lot
  • Traditional Architecture
  • Separate Outdoor Workshop

About This Home

As of April 2024

Four individual units and a +-5000 square foot barn on over 2 acres of flat, accessible land! All units are currently being rented well below market value. All three APNs are included in the sale. This location is only minutes form the Redlands Village Shopping Center, with Stater Bros, CVS and Starbucks. Nice Ave is a a quiet street that is conveniently located one block off of Mentone Blvd. This property is in unincorporated San Bernardino County, but falls within the excellent Redlands School District.

Last Agent to Sell the Property

Joseph Shaw

Shaw Real Estate Brokers Brokerage Phone: 909-725-0241 License #01957392 Listed on: 10/05/2023

Co-Listed By

CHRISTINA AUSTIN

Shaw Real Estate Brokers Brokerage Phone: 909-725-0241 License #02174676

Last Buyer's Agent

David Mendoza

WELCOME HOME REALTY License #01141462

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 2.05 Acre Lot
  • No Common Walls
  • Rural Setting
  • Fenced
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Density is 2-5 Units/Acre
  • 0298221140000, 0298-221-13-0000
  • Value in Land

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Quadruplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Combination Foundation

Interior Spaces

  • 2,705 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater
  • Cesspool
  • Septic Type Unknown
  • Phone Available
  • Cable TV Available

Additional Features

  • Separate Outdoor Workshop
  • Barn

Listing and Financial Details

  • Legal Lot and Block 6 / 11
  • Tax Tract Number 221
  • Assessor Parcel Number 0298221150000
  • $379 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 4 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $44,900
  • Net Operating Income $44,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

2.05 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RS
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0298221150000
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 378.93
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Combination
  • Other Structures: Barn(s), Workshop
  • View: Hills, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Spa: No
  • Construction Materials: Unknown

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Sewer: Cesspool, Septic Type Unknown
  • Water Source: Public
  • Cooling: Evaporative Cooling, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0298221140000, 0298-221-13-0000
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot Over 40000 Sqft, Rectangular Lot, Level, Value In Land
  • Lot Size Sq Ft: 89323.00
  • Lot Size Acres: 2.0506
  • Latitude Manual: 34.06693900

Multi Family

  • Average1 Bed Area: 515 Square Feet
  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1098 Square Feet
  • Average Studio Area: 292 Square Feet
  • Gross Income: 44900.00
  • Gross Scheduled Income: 48900.00
  • Lot Size Area: 89323.0000 Square Feet
  • Net Operating Income: 44900.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 4
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Actual Rent: 4075.00

Tax Info

  • Tax Block: 11
  • Tax Census Tract: 86.02
  • Tax Lot: 6
  • Tax Tract Number: 221
  • TaxOtherAnnualAssessmentAmount: 379.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.9%
Mortgage Type
Construction

Purchase Details

Closed on
May 16, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mentone, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,025,000 Wfg Title
-- Spl Title Services
-- Spl Title Services
-- Southland Title
-- Southland Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $492,000
Closed $450,000
Previous Owner $350,000
Previous Owner $159,250
Previous Owner $199,000
Previous Owner $112,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/03/2024 04/03/24 Sold $1,025,000 -19.3% $379 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
11/30/2023 11/30/23 Price Changed $1,270,000 -1.9% $470 / Sq Ft
10/05/2023 10/05/23 For Sale $1,295,000 0.0% $479 / Sq Ft
05/07/2014 05/07/14 Rented $1,295 0.0% --
05/07/2014 05/07/14 For Rent $1,295 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,079 $651,290 $208,080 $443,210
2025 $8,079 $638,520 $204,000 $434,520
2024 $1,373 $100,484 $9,132 $91,352
2023 $1,367 $98,514 $8,953 $89,561
2022 $1,345 $96,582 $8,777 $87,805
2021 $1,361 $94,688 $8,605 $86,083
2020 $1,339 $93,717 $8,517 $85,200
2019 $1,306 $91,879 $8,350 $83,529
2018 $1,120 $90,077 $8,186 $81,891
2017 $1,111 $88,310 $8,025 $80,285
2016 $1,098 $86,579 $7,868 $78,711
2015 $1,090 $85,279 $7,750 $77,529
2014 -- $83,608 $7,598 $76,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV23186091

California Regional Multiple Listing Service (CRMLS)

APN: 0298-221-15

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