NOT LISTED FOR SALE

511 E Brockton Ave Redlands, CA 92374

North Redlands Neighborhood

Estimated Value: $1,083,000 - $1,332,000

9 Beds
7 Baths
4,006 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $510,000 $127 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $7,275/month

2 Days on Market

About This Home

As of May 2016

Attractive Covington Style Fourplex in Redlands. This 1984 Built complex offers a front "owners style" unit with 3 Bedrooms, 2 Full Bathrooms, a Fireplace and dining room. The other 3 units are two Bedroom Units. All units have central air conditioning and central heating. The building offers 4 garages, and 3 carport spots and open parking. This lot also has extensive additional fencing. The property is part of the Mountainview HOA and the dues are just $360 per month for the entire building. The dues include the trash dumster rental, trash pickup, and normal landscaping, and also the HOA provides drive by security service and reserves for asphalt maintenance-please contact Weldon Brown HOA management for details. The units are well maintained and have been upgraded including new kitchen cabinets with granite counter tops in unit A.

Last Agent to Sell the Property

Kurt Tiedt

Kurt W. Tiedt License #01167589 Listed on: 02/08/2016

Last Buyer's Agent

Demetrius Calip

Demetrius Calip License #01355391

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 3 Carport Spaces

Home Design

  • Property Attached

Interior Spaces

  • 4,006 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 16
  • Tax Tract Number 10141
  • Assessor Parcel Number 0167263100000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $1,400
  • Water Sewer Expense $3,000
  • New Taxes Expense $6,400
  • Gross Income $3,845
  • Net Operating Income $29,338

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

HOA Fees

$360 per month

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 0167263100000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 127.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 4.00
  • Total Parking Spaces: 15.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Sprinklers In Front
  • Lot Size Sq Ft: 13503.00
  • Price Per Lot Square Foot: 37.77
  • Lot Size Acres: 0.3100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 3845.00
  • Gross Scheduled Income: 46140.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 13503.0000 Square Feet
  • Net Operating Income: 29338.00
  • 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: 15420.00
  • Rent Control: No
  • Total Actual Rent: 3800.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6400.00
  • Tax Lot: 16
  • Tax Tract Number: 10141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2024
Sold by
Jackson Dionne
Bought by
Triana Coast Trust and Jackson
Current Estimated Value
$1,209,667

Purchase Details

Closed on
Dec 10, 2021
Sold by
Jackson Dionne
Bought by
Jackson Dionne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$623,000
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2016
Closed on
Mar 8, 2016
Sold by
Ramirez Marco and Ramirez Bertha
Bought by
Hippoze Bulk Investments Llc
Seller's Agent
Kurt Tiedt
Kurt W. Tiedt
Buyer's Agent
Demetrius Calip
Demetrius Calip
List Price
$517,900
Sold Price
$510,000
Premium/Discount to List
-$7,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$560,418
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2016
Sold by
Hippoze Bulk Investments Llc
Bought by
Jackson Dionne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,418
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2014
Sold by
Hippose Bulk Investments Llc
Bought by
Ramirez Marco and Ramirez Bertha

Purchase Details

Closed on
Dec 28, 2010
Sold by
Sparticus 5 Llc
Bought by
Hippoze Bulk Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,322
Interest Rate
4.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 25, 2002
Sold by
Flagstar Bank Fsb
Bought by
Ramirez Marco and Ramirez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.99%

Purchase Details

Closed on
Apr 17, 2002
Sold by
Lynn Eugene Jr Dr John and Lynn Eugene Karyl
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Nov 12, 1999
Sold by
Ocean Place Llc
Bought by
Eugene Dr John and Eugene Karyl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9%

Purchase Details

Closed on
Oct 4, 1999
Sold by
Eexcel Redlands Lp
Bought by
Ocean Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
9%

Purchase Details

Closed on
Feb 26, 1999
Sold by
Loughnane Patrick V
Bought by
Eexcel Communities I Lp

Purchase Details

Closed on
Aug 4, 1997
Sold by
Loughnane Maeve
Bought by
Loughnane Patrick V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
9.25%

Purchase Details

Closed on
Nov 16, 1995
Sold by
Loughnane Patrick V
Bought by
Loughnane Patrick V and Loughnane Maeve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Triana Coast Trust -- None Listed On Document
Jackson Dionne -- North American Title Co Inc
Hippoze Bulk Investments Llc -- Provident Title Company
Jackson Dionne $510,000 Provident Title Company
Ramirez Marco -- None Available
Hippoze Bulk Investments Llc $64,000 None Available
Sparticus 5 Llc $64,000 None Available
Ramirez Marco $250,000 Equity Title Company
Flagstar Bank Fsb $266,527 First American Title Ins Co
Eugene Dr John $340,000 Gateway Title Company
Ocean Place Llc $170,000 United Title
Eexcel Communities I Lp $1,000 --
Loughnane Patrick V -- Chicago Title Co
Loughnane Patrick V -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Dionne $623,000
Previous Owner Hippoze Bulk Investments Llc $560,418
Previous Owner Jackson Dionne $560,418
Previous Owner Hippoze Bulk Investments Llc $276,322
Previous Owner Ramirez Marco $187,500
Previous Owner Eugene Dr John $250,000
Previous Owner Ocean Place Llc $183,600
Previous Owner Loughnane Patrick V $236,000
Previous Owner Loughnane Patrick V $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $510,000 -1.5% $127 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $517,900 -- $129 / 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 $7,078 $603,737 $120,748 $482,989
2024 $7,078 $591,899 $118,380 $473,519
2023 $7,070 $580,293 $116,059 $464,234
2022 $6,884 $568,914 $113,783 $455,131
2021 $7,007 $557,759 $111,552 $446,207
2020 $6,903 $552,040 $110,408 $441,632
2019 $6,709 $541,216 $108,243 $432,973
2018 $6,542 $530,604 $106,121 $424,483
2017 $6,486 $520,200 $104,040 $416,160
2016 $5,626 $440,102 $88,020 $352,082
2015 $5,585 $433,491 $86,698 $346,793
2014 $4,606 $355,342 $62,707 $292,635
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kurt Tiedt

    Kurt W. Tiedt

    (951) 278-0700

    10 Total Sales

    Kurt Tiedt
    Section Image

  • D

    Buyer's Agent in 2016

    Demetrius Calip

    Demetrius Calip

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16026721

California Regional Multiple Listing Service (CRMLS)

APN: 0167-263-10

California San Bernardino County Redlands 92374 North Redlands

511 E Brockton Ave, Redlands, CA

Not Listed for Sale

MultiFamily

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