NOT LISTED FOR SALE

Estimated Value: $545,000 - $788,000

7 Beds
5 Baths
3,261 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: April 14, 2015

Last sale price $360,000 $110 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,645 / mo

23 Days on Market

Highlights

  • 0.9 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • No HOA
  • Horse Property Improved
  • 1-Story Property

About This Home

As of April 2015

3 separate homes on .9 acre lot in the desirable South Redlands community. One unit is a 3 bedroom/2 bath w/ 2-car garage & fireplace, one is a 2/2/1, and one is a 2/1/2. Each has its own garage. Long-term rentals. Horse property w/ barn, fenced in back. Units need some TLC.
Property is RRA zoning and units are grandfathered in. Income is $2875. / month. Expenses are estimated. 3 water shares included. Owner will carry w/ acceptable terms.

Last Agent to Sell the Property

TERRIE ANDREWS

Berkshire Hathaway Homeservices California Realty License #00925732 Listed on: 03/02/2015

Berkshire Hathaway Homeservices California Realty

Co-Listed By

JULIE STEPHENS

BHHS PERRIE MUNDY REALTY GROUP License #01708189

Last Buyer's Agent

TERRIE ANDREWS

Berkshire Hathaway Homeservices California Realty License #00925732 Listed on: 03/02/2015

Berkshire Hathaway Homeservices California Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 39,204 Sq Ft Lot
  • No Common Walls

Parking

  • 5 Car Garage
  • Parking Available
  • Gravel Driveway
  • Uncovered Parking

Interior Spaces

  • 3,261 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Horse Facilities and Amenities

  • Horse Property Improved

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, gas, HVAC maintenance, repairs
  • Legal Lot and Block 57 / 155
  • Tax Tract Number 4
  • Assessor Parcel Number 0301141570000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Property is near a ravine

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $400
  • Water Sewer Expense $400
  • New Taxes Expense $3,500
  • Gross Income $2,875
  • Net Operating Income $2,375

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.9 Acres

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Zoning: RRA
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 0301141570000
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 110.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Gravel, Uncovered
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Sewer: Conventional Septic
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Ravine

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Improved
  • Lot Size Sq Ft: 39204.00
  • Lot Size Acres: 0.9000

Rental Info

  • Tenant Pays: Cable TV, Gas, HVAC Maintenance, Repairs

Multi Family

  • Average2 Bed Area: 800
  • Average3 Bed Area: 1350
  • Gross Income: 2875.00
  • Gross Scheduled Income: 2875.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 0.9000 Acres
  • Net Operating Income: 2375.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Actual Rent: 2875.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Block: 155
  • Tax Lot: 57
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2016
Sold by
Kaiser Darcia A
Bought by
Kaiser Darcia A and The Darcia Kaiser Trust
Current Estimated Value
$636,750

Purchase Details

Closed on
Nov 21, 2014
Sold by
Dermargosian Harry
Bought by
Kaiser Darcia A and Biddinger Darcia M

Purchase Details

Closed on
Oct 28, 2002
Sold by
Dermargosian Harry
Bought by
Dermargosian Harry and The Harry Dermargosian Family
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kaiser Darcia A -- None Available
Kaiser Darcia A $360,000 Chicago Title Company
Dermargosian Harry -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2015 04/14/15 Sold $360,000 +5.9% $110 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
10/09/2014 10/09/14 For Sale $339,900 -- $104 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,500 $294,452 $96,148 $198,304
2024 $3,396 $288,679 $94,263 $194,416
2023 $3,383 $283,019 $92,415 $190,604
2022 $3,346 $277,470 $90,603 $186,867
2021 $3,305 $272,029 $88,826 $183,203
2020 $3,441 $269,239 $87,915 $181,324
2019 $3,354 $263,960 $86,191 $177,769
2018 $3,277 $258,784 $84,501 $174,283
2017 $3,209 $253,710 $82,844 $170,866
2016 $3,168 $248,736 $81,220 $167,516
2015 $1,665 $122,633 $47,776 $74,857
2014 $1,635 $120,231 $46,840 $73,391
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14222461

California Regional Multiple Listing Service (CRMLS)

APN: 0301-141-56

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