NOT LISTED FOR SALE

Estimated Value: $855,434 - $1,004,000

7 Beds
5 Baths
2,900 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $675,000 $233 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,249/month

11 Days on Market

Highlights

  • Property is near public transit
  • Neighborhood Views
  • 3 Detached Carport Spaces
  • Citrus Valley High School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of March 2021

Great opportunity in the heart of Redlands. Triplex has new exterior paint. All units have been updated to include: kitchens with newer cabinetry, granite countertops, newer appliances, newer paint, carpet, tile, and vinyl flooring. All units were updated within the last 2 to 4 years. Coin-operated laundry produces approximately $130 per month. Each unit has a one-car garage and one assigned parking spot.

Last Agent to Sell the Property

Escrow Joe

RE/MAX ADVANTAGE License #01332311 Listed on: 02/05/2021

RE/MAX ADVANTAGE

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,510

Year Built

  • Built in 1985

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Level Lot

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 3 Detached Carport Spaces
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167262020000

Community Details

Overview

  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Fuel Expense $1,536
  • Insurance Expense $2,000
  • Other Expense $1,536
  • Water Sewer Expense $2,544
  • New Taxes Expense $8,750
  • Operating Expense $16,640
  • Gross Income $49,560
  • Net Operating Income $32,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,510

Year Built

Built in 1985

Lot Details

0

HOA Fees

$475 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Coin operated washer & dryers
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 2544.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0167262020000
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 232.76

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 475.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 10935.00
  • Lot Size Acres: 0.2510

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1800.00
  • Fuel Expense: 1536.00
  • Gross Income: 49560.00
  • Gross Scheduled Income: 49560.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1560.00
  • Lot Size Area: 10935.0000 Square Feet
  • Net Operating Income: 32280.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 17280.00
  • Other Expense: 1536.00
  • Other Expense Description: gas
  • Rent Control: Yes
  • Total Actual Rent: 4000.00
  • Total Expenses: 16640.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Census Tract: 80.02
  • Tax Lot: 18
  • Tax Tract Number: 10141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Feb 18, 2021
Sold by
Sayabalian Eyad
Bought by
Juarez James J and Juarez Olivia
Seller's Agent
Escrow Joe
RE/MAX ADVANTAGE
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Current Estimated Value
$929,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,609
Avg. Annual Appreciation
7.19%
Original Mortgage
$505,000
Outstanding Balance
$454,971
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$460,751

Purchase Details

Closed on
Apr 2, 2013
Sold by
Sayabalian Jamil P
Bought by
Sayabalian Eyad

Purchase Details

Closed on
Mar 30, 2011
Sold by
Sayabalian Jamil P and Sayabalian Jamil
Bought by
Sayabalian Jamil P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,776
Interest Rate
4.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Saleh Nouhad D
Bought by
Sayabalian Jamil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2008
Sold by
Us Bank Na
Bought by
Sayabalian Jamil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2008
Sold by
Cram Ole Robert
Bought by
Us Bank Na

Purchase Details

Closed on
Aug 20, 2007
Sold by
Theel James R and Theel James J
Bought by
Cram Ole R

Purchase Details

Closed on
Oct 12, 2006
Sold by
Theel James J and Theel James
Bought by
Theel James R and Theel James J

Purchase Details

Closed on
Jun 29, 2006
Sold by
Cram Ole R
Bought by
Cram Ole R and Theel James

Purchase Details

Closed on
Aug 12, 2004
Sold by
Cram Betsy Cheryl
Bought by
Cram Ole Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Rissi Michael A and Rissi Maria L
Bought by
Cram Ole Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2002
Sold by
Washington Mutual Bank Fa
Bought by
Rissi Michael A and Rissi Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 13, 2002
Sold by
Delellis Peter and Delellis Kanita
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Mar 9, 2000
Sold by
Latham Terrence N
Bought by
Delellis Peter and Delellis Kanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
8%

Purchase Details

Closed on
Dec 14, 1999
Sold by
Associates Home Equity Services Inc
Bought by
Latham Terrence N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
7.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 1999
Sold by
Jackson Cheryll
Bought by
Associates Home Equity Services Inc and Ford Consumer Finance Company

Purchase Details

Closed on
Sep 25, 1998
Sold by
California Federal Bank
Bought by
Jackson Cheryll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.42%

Purchase Details

Closed on
Jun 5, 1998
Sold by
Polzin Darrin Craig
Bought by
Glendale Federal Bank Fsb
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 Buyer Sale Price Title Company
Juarez James J $675,000 Fidelity National Title
Sayabalian Eyad -- None Available
Sayabalian Jamil P -- Stewart Title Of California
Sayabalian Jamil -- Fidelity National Title Co
Sayabalian Jamil $320,000 Fidelity National Title Co
Us Bank Na $425,000 Accommodation
Cram Ole R -- None Available
Theel James R -- Fidelity National Title
Cram Ole R -- Accommodation
Cram Ole Robert -- Fidelity National Title Co
Cram Ole Robert $380,000 Fidelity National Title Co
Rissi Michael A $206,000 Fidelity National Title Co
Washington Mutual Bank Fa $147,000 Stewart Title
Delellis Peter $285,000 Gateway Title Company
Latham Terrence N $140,000 Benefit Land Title Company
Latham Terrence N -- Benefit Land Title Company
Associates Home Equity Services Inc $144,000 Benefit Land Title Ins Co
Jackson Cheryll $118,000 Northern Counties Title Ins
Glendale Federal Bank Fsb $114,138 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez James J $505,000
Previous Owner Sayabalian Jamil P $235,776
Previous Owner Sayabalian Jamil $240,000
Previous Owner Cram Ole Robert $467,500
Previous Owner Cram Ole Robert $262,500
Previous Owner Rissi Michael A $175,000
Previous Owner Rissi Michael A $164,800
Previous Owner Delellis Peter $228,000
Previous Owner Lathan Terrence N $183,600
Previous Owner Jackson Cheryll $172,500
Closed Cram Ole Robert $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $675,000 -3.6% $233 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $700,000 -- $241 / 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 $8,510 $730,643 $113,656 $616,987
2024 $8,510 $716,316 $111,427 $604,889
2023 $8,500 $702,270 $109,242 $593,028
2022 $8,377 $688,500 $107,100 $581,400
2021 $4,852 $380,705 $77,330 $303,375
2020 $4,781 $376,801 $76,537 $300,264
2019 $4,648 $369,412 $75,036 $294,376
2018 $4,534 $362,169 $73,565 $288,604
2017 $4,496 $355,068 $72,123 $282,945
2016 $4,446 $348,106 $70,709 $277,397
2015 $4,414 $342,877 $69,647 $273,230
2014 $4,335 $336,161 $68,283 $267,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21021822

California Regional Multiple Listing Service (CRMLS)

APN: 0167-262-02