NOT LISTED FOR SALE

Estimated Value: $522,000 - $616,000

4 Beds
2 Baths
1,640 Sq Ft
$358/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $343,840 $210 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,623/month

2 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Wood Fence
  • Cope Middle School Rated A-
  • Laundry Room
  • Heating Available

About This Home

As of March 2018

Great location-walking distance to high school and downtown and all that Redlands has to offer. 2 2 bedroom units each with 1 car garage and laundry hookups. Separate utility meters. Long time tenants so rents are low. Drive by only - and make offer subject to inspection. Buyer to satisfy themselves as to condition.

Last Agent to Sell the Property

Patricia Seymour

Better Homes & Gardens R.E. Champions License #00785508 Listed on: 02/05/2018

Better Homes & Gardens R.E. Champions

Last Buyer's Agent

Roxann Rodriguez

COLDWELL BANKER RESIDENTIAL BR License #01297693

COLDWELL BANKER RESIDENTIAL BR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1955

Lot Details

  • 8,450 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Front Yard

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Single Garage Door
  • Driveway
  • On-Street Parking

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 6
  • Tax Tract Number 4456
  • Assessor Parcel Number 0171383080000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $540
  • Water Sewer Expense $1,230
  • New Taxes Expense $999
  • Operating Expense $2,370
  • Gross Income $19,800
  • Net Operating Income $17,430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,571

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1230.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 0171383080000
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 209.66
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage Faces Front, Garage - Single Door, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Level with Street, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 8450.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 19800.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 540.00
  • Net Operating Income: 17430.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2370.00
  • Rent Control: No
  • Total Expenses: 2370.00

Tax Info

  • New Taxes Expense: 999.00
  • Tax Census Tract: 82.00
  • Tax Lot: 6
  • Tax Tract Number: 4456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2022
Sold by
Gonzalez Mandy Reyes and Gonzalez Felipe
Bought by
Felipe Gonzalez & Mandy Reyes Gonzalez Revoca
Current Estimated Value
$592,276

Purchase Details

Listed on
Feb 5, 2018
Closed on
Feb 27, 2018
Sold by
Faraj Ihsan Hameed
Bought by
Gonzalez Mandy Reyes and Gonzalez Felipe
Seller's Agent
Patricia Seymour
Better Homes & Gardens R.E. Champions
Buyer's Agent
Roxann Rodriguez
COLDWELL BANKER RESIDENTIAL BR
List Price
$359,500
Sold Price
$343,840
Premium/Discount to List
-$15,660
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$257,880
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2005
Sold by
Faraj Ihsan H
Bought by
The Ihsan Hameed Faraj Living Trust
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
Felipe Gonzalez & Mandy Reyes Gonzalez Revoca -- --
Gonzalez Mandy Reyes $344,000 Lawyers Title
The Ihsan Hameed Faraj Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Mandy Reyes $251,000
Previous Owner Gonzalez Mandy Reyes $257,880
Previous Owner Faraj Ihsan H $89,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2018 03/30/18 Sold $343,840 0.0% $210 / Sq Ft
02/07/2018 02/07/18 Pending -- -- --
02/06/2018 02/06/18 Off Market $343,840 -- --
02/05/2018 02/05/18 For Sale $359,500 -- $219 / 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 $4,571 $391,230 $85,336 $305,894
2024 $4,571 $383,559 $83,663 $299,896
2023 $4,566 $376,039 $82,023 $294,016
2022 $4,500 $368,666 $80,415 $288,251
2021 $4,582 $361,437 $78,838 $282,599
2020 $4,514 $357,731 $78,030 $279,701
2019 $4,388 $350,717 $76,500 $274,217
2018 $2,543 $202,122 $40,424 $161,698
2017 $2,521 $198,158 $39,631 $158,527
2016 $2,494 $194,273 $38,854 $155,419
2015 $2,475 $191,354 $38,270 $153,084
2014 $2,431 $187,605 $37,520 $150,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18019929

California Regional Multiple Listing Service (CRMLS)

APN: 0171-383-08