NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,168,000

9 Beds
8 Baths
3,880 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2023

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

Est. 12% increase in value since last sale

Current estimated payment $7,449 / mo

5 Days on Market

Highlights

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

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

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 in unit
  • 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

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
Bought by
Current Estimated Value
$1,081,180

Purchase Details

Listed on
Feb 22, 2023
Closed on
Mar 3, 2023
Sold by
Bought by
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
3.56%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Bought by

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
0.0332%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2002
Sold by
Bought by

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
0.0651%

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bought by

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
0.0685%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2001
Sold by
Bought by

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
0.0771%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 6, 1999
Sold by
Bought by

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
0.0724%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 15, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 1997
Sold by
Bought by

Purchase Details

Closed on
May 18, 1994
Sold by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$962,500 --
-- Ticor Title Co Of California
-- None Available
$285,000 American Title Co
$190,000 New Century Title Company
$267,291 North American Title Co
$330,000 United Title
$160,000 United Title
$150,000 Benefit Land Title Ins Co
-- First Southwestern Title Co
$295,000 American Title
$295,000 American Title
-- 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 $230,000
Previous Owner $299,250
Previous Owner $228,000
Previous Owner $186,966
Previous Owner $49,500
Previous Owner $57,000
Previous Owner $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
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

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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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