510 Elder Way Redlands, CA 92373
South Redlands Neighborhood
3
Beds
3
Baths
3,911
Sq Ft
1.7
Acres
Highlights
- Horse Property
- Primary Bedroom Suite
- 1.7 Acre Lot
- Mariposa Elementary School Rated A-
- City Lights View
- Open Floorplan
About This Home
As of August 2024All the splendor and elegance of 1927 can be found in this magnificent Spanish style home perched high above the Redlands Country Club. Breathtaking views of city lights, mountains and golf course await you from this gorgeous Gatsby-era home. Famous artists all created their greatest works from a blank canvass and while it needs updating and landscaping it is easily livable while you are creating your own masterpiece! Beautiful hardwood floors are in great condition, have been meticulously maintained over the years and they accentuate the architectural detail that defines 1920s Redlands homes. There are 3 exceptionally large ensuite bedrooms with large closets including 1 conveniently located downstairs The primary bedroom suite opens to a spectacular loft library overlooking a 24 ft ceiling in the family room below; it has a large balcony patio as well. There is ample room on the 1.70 acres to build the ADU, RV garage/ shop, horse facility you've always wanted or simply plant avocado and orange trees and enjoy the fruits of your labor. The major items in this home are in good condition; 2 new tankless water heaters and 2 central heating & air conditioning systems. With a some imagination, time and some effort this home will repay your investment handsomely and it will become the newest showcase in Redlands, Jewel of the Inland Empire!
Last Agent to Sell the Property
PATRICIA HICKS, REALTOR Brokerage Phone: 909-384-2686 License #01727278 Listed on: 05/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,627
Year Built
- Built in 1927
Lot Details
- 1.7 Acre Lot
- Cul-De-Sac
- Front Yard
Parking
- 2 Car Attached Garage
- 4 Open Parking Spaces
- 2 Carport Spaces
Property Views
- City Lights
- Golf Course
- Mountain
Home Design
- Spanish Architecture
- Spanish Tile Roof
- Stucco
Interior Spaces
- 3,911 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- High Ceiling
- Double Pane Windows
- Formal Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Laundry Room
Kitchen
- <<doubleOvenToken>>
- Gas Cooktop
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- 3 Full Bathrooms
- <<tubWithShowerToken>>
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Horse Property
- Concrete Porch or Patio
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Septic Type Unknown
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 85
- Assessor Parcel Number 0294133040000
- $1,835 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2024
Closed on
Aug 8, 2024
Sold by
Penrod Gary S and Bohl Nancy K
Bought by
Encore Family Trust and Stepien
Seller's Agent
Mark Edwards
PATRICIA HICKS, REALTOR
Buyer's Agent
KELLY DUVAL
Berkshire Hathaway Homeservices California Realty
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Views
64
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,333
Avg. Annual Appreciation
2.02%
Original Mortgage
$1,105,000
Outstanding Balance
$1,097,056
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$226,601
Purchase Details
Listed on
Mar 4, 2013
Closed on
Mar 15, 2013
Sold by
Mason Mary Royce
Bought by
Jacobs Mark A and Roth Kathryn D
Seller's Agent
Ann Bryan
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Shirley Harry
CENTURY 21 LOIS LAUER REALTY
List Price
$739,000
Sold Price
$773,900
Premium/Discount to List
$34,900
4.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.68%
Purchase Details
Closed on
Dec 13, 2002
Sold by
Lepp John William and Mason Mary Royce
Bought by
Lepp John William and Mason Mary Royce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 30, 1995
Sold by
Lepp John William
Bought by
Lepp John William and Mason Mary Royce
Similar Homes in Redlands, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | Lawyers Title | |
| Grant Deed | $774,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | Stewart Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,105,000 | New Conventional | |
| Previous Owner | $726,200 | New Conventional | |
| Previous Owner | $850,000 | New Conventional | |
| Previous Owner | $390,000 | Unknown | |
| Previous Owner | $400,000 | Unknown | |
| Previous Owner | $658,000 | Credit Line Revolving | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $350,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2024 08/22/24 | Sold | $1,300,000 | -13.3% | $332 / Sq Ft |
| 05/13/2024 05/13/24 | For Sale | $1,500,000 | +42.9% | $384 / Sq Ft |
| 04/07/2023 04/07/23 | For Sale | $1,050,000 | 0.0% | $268 / Sq Ft |
| 04/06/2023 04/06/23 | Sold | $1,050,000 | +35.7% | $268 / Sq Ft |
| 02/14/2023 02/14/23 | Pending | -- | -- | -- |
| 04/22/2013 04/22/13 | Sold | $773,900 | +4.7% | $198 / Sq Ft |
| 03/10/2013 03/10/13 | Pending | -- | -- | -- |
| 03/04/2013 03/04/13 | For Sale | $739,000 | -- | $189 / 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 |
|---|---|---|---|---|
| 2024 | $12,627 | $1,071,000 | $321,300 | $749,700 |
| 2023 | $10,924 | $915,997 | $274,799 | $641,198 |
| 2022 | $10,764 | $898,036 | $269,411 | $628,625 |
| 2021 | $10,960 | $880,427 | $264,128 | $616,299 |
| 2020 | $10,795 | $871,400 | $261,420 | $609,980 |
| 2019 | $10,490 | $854,314 | $256,294 | $598,020 |
| 2018 | $10,225 | $837,563 | $251,269 | $586,294 |
| 2017 | $10,137 | $821,140 | $246,342 | $574,798 |
| 2016 | $10,020 | $805,039 | $241,512 | $563,527 |
| 2015 | $9,945 | $792,946 | $237,884 | $555,062 |
| 2014 | $9,762 | $777,413 | $233,224 | $544,189 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Edwards
Seller's Agent in 2024
Mark Edwards
PATRICIA HICKS, REALTOR
(909) 384-2686
10 in this area
41 Total Sales
-
PATRICIA HICKS
Seller Co-Listing Agent in 2024
PATRICIA HICKS
PATRICIA HICKS, REALTOR
(909) 747-1716
8 in this area
26 Total Sales
-
KELLY DUVAL
K
Buyer's Agent in 2024
KELLY DUVAL
Berkshire Hathaway Homeservices California Realty
(909) 435-5204
1 in this area
2 Total Sales
-
Lynn Whitmer
Seller's Agent in 2023
Lynn Whitmer
CENTURY 21 LOIS LAUER REALTY
(909) 748-7122
59 in this area
100 Total Sales
-
Shirley Harry
S
Buyer Co-Listing Agent in 2023
Shirley Harry
CENTURY 21 LOIS LAUER REALTY
(909) 748-7002
24 in this area
37 Total Sales
-
Ann Bryan
Seller's Agent in 2013
Ann Bryan
CENTURY 21 LOIS LAUER REALTY
(909) 938-7725
26 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV24094697
APN: 0294-133-04
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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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