$600,000
SOLD MAY 23, 2025
4 Beds
3 Baths
3,090 Sq Ft
0.5 Acres

Recently Sold

$194 Per Sq Ft

57% Below List Price

87 Days on Market

Highlights

  • 0.5 Acre Lot
  • Laundry Room
  • 1-Story Property
  • Cope Middle School Rated A-

About This Home

As of May 2025

Once in a Lifetime Opportunity to own a *** 3/2 bath HOME *** plus a ***TRI-PLEX *** built-in investment opportunity right next door totaling approximately half an acre in SOUTH REDLANDS!!! This sale includes 50 S Center ( a two story  3 bedroom 2 bath  home) AND the triplex directly adjacent at 40 S Center. The tri plex is a duplex in front and an additional separate unit in back of property )   The properties are two different parcels being sold together.  Don't wait on this! Walkable to downtown shops, restaurants, ESRI, and great schools this is truly a GEM of an opportunity!!!

Last Agent to Sell the Property

Krystle Roth

KELLER WILLIAMS REALTY Brokerage Phone: 909-273-9949 License #01492471 Listed on: 01/06/2025

KELLER WILLIAMS REALTY

Last Buyer's Agent

MARK CLEVELAND

UNIVERSITY REALTY INC. License #01897447

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 1944

Lot Details

  • 0.5 Acre Lot
  • 1 Common Wall
  • 0172-031-10-0000

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,090 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 0172031090000
  • $260 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,102

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 400000
  • Property Attached: Yes
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0172031090000
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 194.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0172-031-10-0000
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000
  • Latitude Manual: 34.05118100

Multi Family

  • Gross Scheduled Income: 4590.00
  • Lot Size Area: 0.5000 Acres
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 81.00
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 260.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2025
Closed on
May 12, 2025
Sold by
Mc Keever Family Trust and Mckeever Patrick
Bought by
Fadi Bitar And Katrine Hadaya Bitar Revocable and Bitar
Seller's Agent
Krystle Roth
KELLER WILLIAMS REALTY
Buyer's Agent
MARK CLEVELAND
UNIVERSITY REALTY INC.
List Price
$1,400,000
Sold Price
$600,000
Premium/Discount to List
-$800,000
-57.14%
Views
114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1384.17%
Original Mortgage
$360,000
Outstanding Balance
$359,362
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$818,305

Purchase Details

Closed on
Apr 8, 2002
Sold by
Nelson Patricia J
Bought by
Nelson Dennis B and Nelson Patricia J

Purchase Details

Closed on
May 18, 1998
Sold by
Lou Mckeever Wendell E and Lou Mary
Bought by
Mckeever Wendell E and Mckeever Mary Lou
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 Type Sale Price Title Company
Grant Deed $600,000 Ticor Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $600,000 -50.0% $194 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/11/2025 03/11/25 Price Changed $1,200,000 -14.3% $388 / Sq Ft
01/06/2025 01/06/25 For Sale $1,400,000 -- $453 / 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 $1,102 $795,600 $239,700 $555,900
2024 $1,102 $85,721 $17,886 $67,835
2023 $1,101 $84,040 $17,535 $66,505
2022 $1,086 $82,392 $17,191 $65,201
2021 $1,104 $80,777 $16,854 $63,923
2020 $1,089 $79,949 $16,681 $63,268
2019 $1,061 $78,381 $16,354 $62,027
2018 $1,037 $76,844 $16,033 $60,811
2017 $1,029 $75,338 $15,719 $59,619
2016 $1,018 $73,861 $15,411 $58,450
2015 $1,011 $72,752 $15,180 $57,572
2014 $995 $71,327 $14,883 $56,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24254005

California Regional Multiple Listing Service (CRMLS)

APN: 0172-031-09