NOT LISTED FOR SALE

310 Norwood St Redlands, CA 92373

South Redlands Neighborhood
12 Beds
6 Baths
5,346 Sq Ft
0.38 Acres

Last Sold December 20, 2012

Last sale price $600,000 $112 Per Sq Ft

41 Days on Market

About This Home

As of December 2012

Six attractive garden apartment units. Located in coveted south Redlands rental area. Six off street carports located in the rear of the buildings. All units are 2 bedroom / 1 bath, each unit has washer / dryer hookups. Existing rents are under market - immediate upside opportunity.

Do not disturb tenants or walk property. Drive by property only, inside inspection with accepted offer.

Last Agent to Sell the Property

Nathan Diones

REGIONCY REAL ESTATE License #01767311 Listed on: 09/11/2012

Last Buyer's Agent

Jeffrey Smothers

CENTURY 21 LOIS LAUER REALTY License #01300292

CENTURY 21 LOIS LAUER REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 0.38

Home Design

  • 5,346 Sq Ft Home

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Additional Features

  • Laundry Room
  • 0.38 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 3867
  • Assessor Parcel Number 0172202490000

Community Details

Overview

  • 3 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1
  • Insurance Expense $1
  • Maintenance Expense $1
  • Professional Management Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Gross Income $5,100
  • Net Operating Income $42,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Professional Management Expense: 1.00
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 0172202490000
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 112.23

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Trash Expense: 1.00
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 16497.00
  • Lot Size Acres: 0.3790

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 891
  • Electric Expense: 1.00
  • Gross Income: 5100.00
  • Gross Multiplier: 12.90
  • Gross Scheduled Income: 61200.00
  • Insurance Expense: 1.00
  • Lot Size Area: 16497.0000 Square Feet
  • Maintenance Expense: 1.00
  • Net Operating Income: 42480.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 18360.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Total Actual Rent: 5100.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Lot: 1
  • Tax Tract Number: 3867
  • Tax Year: 2011

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2012 12/20/12 Sold $600,000 -24.5% $112 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
09/11/2012 09/11/12 For Sale $795,000 -- $149 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nathan Diones

    Seller's Agent in 2012

    Nathan Diones

    REGIONCY REAL ESTATE

    (909) 709-3781

    1 in this area

    26 Total Sales

    Section Image
  • Jeffrey Smothers

    Buyer's Agent in 2012

    Jeffrey Smothers

    CENTURY 21 LOIS LAUER REALTY

    (909) 748-7000

    1 in this area

    21 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: E12113863

California Regional Multiple Listing Service (CRMLS)

California San Bernardino County Redlands 92373 South Redlands

310 Norwood St, Redlands, CA

This home is located at 310 Norwood St, Redlands, CA 92373 since 11 September 2012. This property was built in 1954. 310 Norwood St is a home located in San Bernardino County with nearby schools including McKinley Elementary School, Cope Middle School, and Redlands Senior High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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