NOT LISTED FOR SALE

Estimated Value: $704,000 - $802,000

2 Beds
2 Baths
1,500 Sq Ft
$507/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $720,000 $480 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,850/month

139 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Main Floor Bedroom
  • Cope Middle School Rated A-
  • Traditional Architecture
  • No HOA

About This Home

As of August 2023

OUTSTANDING INVESTMENT OPPORTUNITY to own this duplex, walking distance to Downtown Redlands, Redlands Bowl, the Packing House District and new Redlands Metro-link. 225 Norwood Street has been recently updated and remodeled and offers one front unit and one back unit, each featuring one bedroom and one bathroom. The front unit underwent a renovation that included a new bathroom, kitchen cabinets and fixtures, dishwasher, garbage disposal, sink, insulation, tankless water heater, electrical, plumbing, air conditioning, windows, doors, and roof. Approximately 850 square feet, the back unit was remodeled in 2022 and showcases a new staircase with a large porch, fresh paint, new living room ceiling fan/light, dishwasher, stove, refrigerator and separate washer/dryer. Parking is plentiful thanks to a three-car garage and large driveway! Additionally, new cement was poured on the driveway, sidewalk, and curb in 2022. Redlands is home too many medical professionals as it is a short distance to Loma Linda University Medical Center, Redlands Community Hospital and the Veterans Administration Hospital in Loma Linda. Just a short stroll to local favorite Olive Avenue Market, Smiley Park, and McKinley Elementary School, the home’s location near historic Downtown Redlands is absolutely ideal. From restaurants to farmers markets to entertainment, trendy Downtown Redlands has something for everyone. Live in the front house and rent out the back or place both properties into your investment portfolio. Redlands is one of the most desirable places to live in California!

Last Agent to Sell the Property

Brian Thomas

Surterre Properties Inc. License #01320898 Listed on: 03/07/2023

Surterre Properties Inc.

Co-Listed By

Jennifer Thomas

Surterre Properties Inc. License #01396350

Last Buyer's Agent

Claudia Van Mouwerik

CENTURY 21 LOIS LAUER REALTY License #01257758

CENTURY 21 LOIS LAUER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,503

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 6,650 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • On-Hand Building Permits

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Shared Driveway
  • Unassigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Additions or Alterations
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Blinds
  • Entryway
  • Family Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 0172113060000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,503

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 0172113060000
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 480.00
  • Room Type: Entry, Family Room, Kitchen, Main Floor Bedroom
  • Window Features: Blinds
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Garage Faces Side, Garage - Single Door, Garage - Two Door, On Site, Private, Shared Driveway, Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Microwave
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Redlands Unified

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6650.00
  • Lot Size Acres: 0.1527

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6650.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 83.01
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Jul 25, 2023
Sold by
Smith Adam
Bought by
Smith Yin
Seller's Agent
Brian Thomas
Surterre Properties Inc.
Buyer's Agent
Claudia Van Mouwerik
CENTURY 21 LOIS LAUER REALTY
List Price
$775,000
Sold Price
$720,000
Premium/Discount to List
-$55,000
-7.1%
Views
722
Current Estimated Value
$760,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,046
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Jun 7, 2023
Sold by
Shelton Revocable Trust
Bought by
Smith Yin and Huang Ying Lin

Purchase Details

Closed on
Sep 12, 2019
Sold by
Shelton Harold J
Bought by
Shelton Harold J and Shelton Mary Ann

Purchase Details

Closed on
Aug 13, 2010
Sold by
Shelton Kelli Ann
Bought by
Shelton Harold J and Shelton Robin L

Purchase Details

Closed on
Sep 15, 1999
Sold by
Baker Jensen Paul Frederick and Baker Jensen Kathi
Bought by
Shelton Kelli Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,303
Interest Rate
8.09%
Mortgage Type
FHA
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
Smith Yin -- Chicago Title
Smith Yin $720,000 Chicago Title
Shelton Harold J -- None Available
Shelton Harold J -- None Available
Shelton Kelli Ann $62,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelton Kelli Ann $100,000
Previous Owner Shelton Kelli Ann $96,992
Previous Owner Shelton Kelli Ann $100,600
Previous Owner Shelton Kelli Ann $96,000
Previous Owner Shelton Kelli Ann $57,303
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2023 08/14/23 Sold $720,000 -2.7% $480 / Sq Ft
05/24/2023 05/24/23 Price Changed $740,000 -4.5% $493 / Sq Ft
03/07/2023 03/07/23 For Sale $775,000 -- $517 / 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 $8,503 $734,400 $219,300 $515,100
2024 $8,503 $720,000 $215,000 $505,000
2023 $1,489 $120,564 $22,900 $97,664
2022 $1,467 $118,200 $22,451 $95,749
2021 $1,494 $115,883 $22,011 $93,872
2020 $1,472 $114,694 $21,785 $92,909
2019 $1,432 $112,445 $21,358 $91,087
2018 $1,397 $110,240 $20,939 $89,301
2017 $1,385 $108,078 $20,528 $87,550
2016 $1,370 $105,958 $20,125 $85,833
2015 $1,360 $104,367 $19,823 $84,544
2014 $1,336 $102,323 $19,435 $82,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23037357

California Regional Multiple Listing Service (CRMLS)

APN: 0172-113-06