NOT LISTED FOR SALE

Estimated Value: $592,603 - $895,000

3 Beds
2 Baths
1,608 Sq Ft
$478/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $425,000 $264 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,489/month

93 Days on Market

Highlights

  • Active Adult
  • Cooling System Powered By Gas
  • Laundry Room
  • No HOA
  • Living Room
  • Tile Flooring

About This Home

As of July 2019

DUPLEX on the south side of Redlands. Live in 1 rent the oteher. Well maintained. 20 year excellent rental history. 4 blocks from Olive market. Potential rents: 1 BD $1100 2 BD $1400.

Last Agent to Sell the Property

Michael Ponce de Leon

CAPRE License #01936092 Listed on: 03/24/2019

Last Buyer's Agent

Jesse Richards

KEN SCOTT REAL ESTATE License #01776561

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,540 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Powered By Gas
  • Wall Furnace
  • Natural Gas Connected
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 3442
  • Assessor Parcel Number 0172202070000

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $300
  • Trash Expense $200
  • Water Sewer Expense $400
  • Operating Expense $600
  • Gross Income $2,140
  • Net Operating Income $2,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 400.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0172202070000
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 264.30
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Conventional Septic
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 7540.00
  • Lot Size Acres: 0.1731
  • Latitude Manual: 34.04678300

Multi Family

  • Average1 Bed Area: 800 Square Feet
  • Average2 Bed Area: 1200 Square Feet
  • Gross Income: 2140.00
  • Gross Scheduled Income: 2140.00
  • Insurance Expense: 300.00
  • Lot Size Area: 7540.0000 Square Feet
  • Net Operating Income: 2140.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: No
  • Total Expenses: 600.00

Tax Info

  • Tax Census Tract: 83.01
  • Tax Lot: 2
  • Tax Tract Number: 3442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Richards Jesse and Richards Brandie
Bought by
B & J Redlands Properties Llc
Current Estimated Value
$768,151

Purchase Details

Closed on
Jun 18, 2021
Sold by
Jesse Richards and Jesse Brandie Richards
Bought by
B & J Redlands Properties Llc

Purchase Details

Closed on
Dec 16, 2020
Sold by
Richards Jesse and Richards Brandie
Bought by
Richards Jesse and Richards Brandie

Purchase Details

Listed on
Mar 24, 2019
Closed on
Jul 29, 2019
Sold by
Leon Michael A Ponce De
Bought by
Richards Jesse and Richards Brandie
Seller's Agent
Michael Ponce de Leon
CAPRE
Buyer's Agent
Jesse Richards
KEN SCOTT REAL ESTATE
List Price
$498,000
Sold Price
$425,000
Premium/Discount to List
-$73,000
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$235,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2004
Sold by
Deleon Donna M Ponce
Bought by
Deleon Michael A Ponce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2000
Sold by
Brinkman James A
Bought by
Poncedeleon Michael A and Poncedeleon Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
8.2%

Purchase Details

Closed on
Dec 7, 1999
Sold by
Brinkman James A
Bought by
Brinkman James A and Brinkman Emma Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
B & J Redlands Properties Llc -- None Available
B & J Redlands Properties Llc -- --
Richards Jesse -- None Available
Richards Jesse $425,000 First American Title Company
Deleon Michael A Ponce -- Chicago San Diego
Poncedeleon Michael A $155,000 Chicago Title Co
Brinkman James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richards Jesse $235,000
Previous Owner Deleon Michael A Ponce $280,000
Previous Owner Poncedeleon Michael A $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2019 07/26/19 Sold $425,000 -5.3% $264 / Sq Ft
04/13/2019 04/13/19 Price Changed $449,000 -9.8% $279 / Sq Ft
03/24/2019 03/24/19 For Sale $498,000 -- $310 / 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 $5,668 $486,448 $136,706 $349,742
2024 $5,668 $476,909 $134,025 $342,884
2023 $5,661 $467,558 $131,397 $336,161
2022 $7,283 $458,391 $128,821 $329,570
2021 $5,431 $429,403 $126,295 $303,108
2020 $5,351 $425,000 $125,000 $300,000
2019 $2,646 $209,377 $60,787 $148,590
2018 $2,581 $205,271 $59,595 $145,676
2017 $2,560 $201,246 $58,426 $142,820
2016 $2,531 $197,300 $57,280 $140,020
2015 $2,513 $194,337 $56,420 $137,917
2014 $2,468 $190,530 $55,315 $135,215
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19065579

California Regional Multiple Listing Service (CRMLS)

APN: 0172-202-07