K
Seller's Agent in 2023
Kim Scott
Kurt W. Tiedt
(951) 837-8212
2 in this area
7 Total Sales
511 Courier Ave Redlands, CA 92374
North Redlands NeighborhoodEstimated Value: $969,000 - $1,188,000
9
Beds
8
Baths
3,880
Sq Ft
$282/Sq Ft
Est. Value
Highlights
- Lawn
- Laundry Room
- 4 Car Garage
- Citrus Valley High School Rated A
- Central Heating and Cooling System
About This Home
As of March 2023Great 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.
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
Bedrooms and Bathrooms
- 9 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2025
Sold by
Rac Investment Llc
Bought by
511 Courier Ave Llc
Current Estimated Value
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
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
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
$247,500
Interest Rate
9.37%
Purchase Details
Closed on
Apr 22, 1999
Sold by
Amresco Residential Properties Inc
Bought by
Grey Eagle Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.92%
Purchase Details
Closed on
Mar 15, 1999
Sold by
Prato Maria S
Bought by
Amresco Residential Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.92%
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
Prato Fabian A
Bought by
Prato Maria S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
7.16%
Purchase Details
Closed on
May 18, 1994
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| 511 Courier Ave Llc | -- | 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 | |
| Prato Maria S | -- | American Title | |
| Prato Maria S | $295,000 | American Title | |
| Harris Carl | $295,000 | 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 | Trummeter Robert J | $198,239 | |
| Previous Owner | Scott Kimberly C | $228,000 | |
| Previous Owner | Ramirez Erika | $186,966 | |
| Previous Owner | Choe George K | $247,500 | |
| Previous Owner | Grey Eagle Inc | $177,000 | |
| Previous Owner | Prato Maria S | $221,250 |
Source: Public Records
Property History
| 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
| 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 | $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
Agents Affiliated with this Home
-
Kim Scott
-
Cristian Camargo
Buyer's Agent in 2023
Cristian Camargo
Realty ONE Group Homelink
(909) 953-8300
3 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG23017235
APN: 0167-264-06
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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