NOT LISTED FOR SALE
9 Beds
8 Baths
3,880 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: March 16, 2023

Last sale price $962,500 $248 Per Sq Ft

5 Days on Market

Highlights

  • Lawn
  • Central Heating and Cooling System
  • Laundry Facilities
  • Citrus Valley High School Rated A
  • 4 Car Garage

About This Home

As of March 2023

Great opportunity to own a 4-Plex with long-term tenants, good cash-flow and room to increase rents. The property consists of 4 spacious units, (1) 3-bedoomr/2-bath and (3) 2-bedroom/2-bath. Central location in Redlands, very close to University of Redlands and downtown. Each unit comes with a 1-car garage for the tenants convenience. There is also on-site laundry room that represents an additional revenue stream for the owner.

Last Agent to Sell the Property

Kim Scott

Kurt W. Tiedt License #01370177 Listed on: 02/22/2023

Last Buyer's Agent

Cristian Camargo

Realty ONE Group Homelink License #02052757

Realty ONE Group Homelink
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 12,600 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167264060000

Community Details

Overview

  • 4 Units
  • Mountain View Association

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $409
  • Fuel Expense $3,105
  • Insurance Expense $2,788
  • Maintenance Expense $9,995
  • Pest Control $883
  • Professional Management Expense $1,266
  • Water Sewer Expense $5,043
  • Operating Expense $13,494
  • Gross Income $66,036
  • Net Operating Income $52,542

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0.29 Acres

HOA Fees

$570 per month

Parking

4

Listing Details

  • Professional Management Expense: 1266.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5043.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0167264060000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 248.07

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Pest Control Expense: 883.00
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 570.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 12600.00
  • Lot Size Acres: 0.2893
  • Latitude Manual: 34.06925400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 409.00
  • Fuel Expense: 3105.00
  • Gross Income: 66036.00
  • Gross Scheduled Income: 66036.00
  • Insurance Expense: 2788.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 12600.0000 Square Feet
  • Maintenance Expense: 9995.00
  • Net Operating Income: 52542.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13494.00
  • Rent Control: No
  • Total Actual Rent: 66036.00
  • Total Expenses: 13494.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 10141

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Rac Investment Llc
Bought by

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 3, 2023
Sold by
Trummeter Family Trust
Bought by
Rac Investments Llc
Seller's Agent
Kim Scott
Kurt W. Tiedt
Buyer's Agent
Cristian Camargo
Realty ONE Group Homelink
List Price
$1,000,000
Sold Price
$962,500
Premium/Discount to List
-$37,500
-3.75%
Views
25

Purchase Details

Closed on
Feb 6, 2013
Sold by
Trummeter Robert J and Scott Trummeter Kimberly C
Bought by
Trummeter Robert J and Scott Trummeter Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,239
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Scott Kimberly C and Scott Trummeter Kimberly C
Bought by
Trummeter Robert J and Scott Trummeter Kimberly C

Purchase Details

Closed on
Aug 7, 2002
Sold by
Ramirez Erika
Bought by
Scott Kimberly C

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
6.51%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Flagstar Bank Fsb
Bought by
Ramirez Erika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,966
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Choe Alice Y and Choe George K
Bought by
Flagstar Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 1999
Sold by
Grey Eagle Inc
Bought by
Choe George K and Choe Alice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.24%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 1999
Sold by
Amresco Residential Properties Inc
Bought by
Grey Eagle Inc

Purchase Details

Closed on
Mar 15, 1999
Sold by
Prato Maria S
Bought by
Amresco Residential Properties Inc

Purchase Details

Closed on
Jun 10, 1998
Sold by
Prato Maria S
Bought by
Sierralta Victor A

Purchase Details

Closed on
Dec 17, 1997
Sold by
Vre Mountain View Associates Ltd
Bought by
Harris Carl

Purchase Details

Closed on
May 18, 1994
Sold by
Vre Mountain View Associates Ltd
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Redlands, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Accommodation/Courtesy Recordi
Rac Investments Llc $962,500 --
Trummeter Robert J -- Ticor Title Co Of California
Trummeter Robert J -- None Available
Scott Kimberly C $285,000 American Title Co
Ramirez Erika $190,000 New Century Title Company
Flagstar Bank Fsb $267,291 North American Title Co
Choe George K $330,000 United Title
Grey Eagle Inc $160,000 United Title
Amresco Residential Properties Inc $150,000 Benefit Land Title Ins Co
Sierralta Victor A -- First Southwestern Title Co
Harris Carl $295,000 American Title
Prato Maria S $295,000 American Title
Prato Maria S -- American Title
-- -- Orange Coast Title Co
-- -- Orange Coast Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $198,239
Previous Owner Scott Kimberly $230,000
Previous Owner Hernandez Arturo $299,250
Previous Owner Scott Kimberly C $228,000
Previous Owner Ramirez Erika $186,966
Previous Owner Choe Alice Y $49,500
Previous Owner Grey Eagle Inc $57,000
Previous Owner Choe George K $247,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/16/2023 03/16/23 Sold $962,500 -3.8% $248 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $1,000,000 -- $258 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,485 $1,021,413 $201,630 $819,783
2025 $12,485 $1,001,385 $197,676 $803,709
2024 $11,657 $981,750 $193,800 $787,950
2023 $4,873 $396,751 $118,330 $278,421
2022 $4,804 $388,972 $116,010 $272,962
2021 $4,890 $381,345 $113,735 $267,610
2020 $4,818 $377,435 $112,569 $264,866
2019 $4,686 $370,035 $110,362 $259,673
2018 $4,571 $362,779 $108,198 $254,581
2017 $4,533 $355,665 $106,076 $249,589
2016 $4,483 $348,691 $103,996 $244,695
2015 $4,451 $343,453 $102,434 $241,019
2014 $4,371 $336,725 $100,427 $236,298
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23017235

California Regional Multiple Listing Service (CRMLS)

APN: 0167-264-06

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