Seller's Agent in 2013
Kim Suman
Corcoran Group of California Inc.
(909) 714-7916
5 Total Sales
311 W Olive Ave Redlands, CA 92373
South Redlands NeighborhoodEstimated Value: $865,246 - $1,087,000
4
Beds
4
Baths
3,188
Sq Ft
$298/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Main Floor Bedroom
- No HOA
- Cope Middle School Rated A-
- Lawn
- 4-minute walk to Smiley Park
About This Home
As of March 2013Turn-of-the-Century vintage “Four-Square” in the historic south-side. All units are one bedroom and one bathroom. One downstairs unit larger with extra-large living room and dining room. Great rental area. Individual gas, electric and hot water. Pleasant landscaped traditional front yard. Huge rear lot with ample parking. Great buy. Rents are undermarket. Can be sold with sister property at 317 W Olive.
Please do not disturb the tenants. Drive by only. (Expenses are estimated)
Last Agent to Sell the Property
Corcoran Group of California Inc. License #01437996 Listed on: 11/05/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 0.26 Acre Lot
- Lawn
Home Design
- 3,188 Sq Ft Home
- Colonial Architecture
- Composition Roof
- Shingle Siding
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
Parking
- 12 Parking Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 82
- Assessor Parcel Number 0171321100000
Community Details
Overview
- No Home Owners Association
- 10 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1
- Insurance Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- New Taxes Expense $1
- Gross Income $2,700
- Net Operating Income $22,680
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 1, 2022
Sold by
Gonzalez Felipe and Gonzalez Mandy R
Bought by
Felipe Gonzalez & Mandy Reyes Gonzalez Revoca
Current Estimated Value
Purchase Details
Listed on
Nov 5, 2012
Closed on
Mar 1, 2013
Sold by
Gonzalez Felipe and Gonzalez Mandy
Bought by
Gonzalez Felipe and Gonzalez Mandy R
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
Roxann Rodriguez
COLDWELL BANKER RESIDENTIAL BR
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.38%
Purchase Details
Closed on
Nov 29, 2012
Sold by
Cleaver Phillip and Cleaver Edward W
Bought by
Gonzalez Felipe and Gonzalez Mandy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.4%
Mortgage Type
VA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Felipe Gonzalez & Mandy Reyes Gonzalez Revoca | -- | -- | |
| Gonzalez Felipe | -- | Accommodation | |
| Gonzalez Felipe | $300,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gonzalez Felipe | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2013 03/12/13 | Sold | $300,000 | -24.8% | $94 / Sq Ft |
| 11/19/2012 11/19/12 | Pending | -- | -- | -- |
| 08/24/2012 08/24/12 | For Sale | $399,000 | -- | $125 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,379 | $369,428 | $55,414 | $314,014 |
| 2024 | $4,379 | $362,184 | $54,327 | $307,857 |
| 2023 | $4,374 | $355,083 | $53,262 | $301,821 |
| 2022 | $4,312 | $348,121 | $52,218 | $295,903 |
| 2021 | $4,390 | $341,295 | $51,194 | $290,101 |
| 2020 | $4,326 | $337,795 | $50,669 | $287,126 |
| 2019 | $4,207 | $331,171 | $49,675 | $281,496 |
| 2018 | $4,104 | $324,677 | $48,701 | $275,976 |
| 2017 | $4,070 | $318,311 | $47,746 | $270,565 |
| 2016 | $4,025 | $312,070 | $46,810 | $265,260 |
| 2015 | $3,996 | $307,383 | $46,107 | $261,276 |
| 2014 | $3,925 | $301,362 | $45,204 | $256,158 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Suman
-
Roxann Rodriguez
Buyer's Agent in 2013
Roxann Rodriguez
COLDWELL BANKER RESIDENTIAL BR
(800) 261-8607
2 in this area
63 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: E12106505
APN: 0171-321-10
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