NOT LISTED FOR SALE

518 W Olive Ave Redlands, CA 92373

South Redlands Neighborhood

Estimated Value: $776,000 - $850,000

4 Beds
2 Baths
2,500 Sq Ft
$324/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $575,000 $230 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,856/month

34 Days on Market

Highlights

  • Gated Parking
  • Mountain View
  • No HOA
  • Cope Middle School Rated A-
  • Private Yard
  • Separate Outdoor Workshop

About This Home

As of April 2020

Built in 1904, Craftsman Home is Located in the HEART OF SOUTH REDLANDS on a 9176 sq ft flat lot! Featuring 4 (or possible 5) Bedrooms and 2 baths. Original hardwood floors, molding, and more throughout. Newer kitchen that was remodeled 8 yrs ago. Forced Heat & AC and dual pane windows upstairs. Electrical and Plumbing partially updated, New Fence, 2 Car detached Garage plus Shed/ Workshop. Earthquake Retrofitting Bracing completed. PAID for Solar Panels! Current owners have owned the home since 1972. This home is completely live-able as is, but with some TLC can be amazing. Priced accordingly. Possible multi unit or multi family dwelling. You will have endless possibilities with this Amazing home. CHECKOUT THE VIRTUAL TOUR AND CLICK ON THE 3D WALKTHROUGH.
Actual on MLS date is 3/19.
Minutes from Downtown Redlands, Freeway, Gerrard's Market, Parks, Schools, Shopping and MORE!

Last Agent to Sell the Property

Mitchell Weisberg

KELLER WILLIAMS REALTY License #01712267 Listed on: 02/19/2020

KELLER WILLIAMS REALTY

Co-Listed By

BRANDI WEISBERG

KELLER WILLIAMS REALTY License #01923839

Last Buyer's Agent

RHONDA STANTON

KELLER WILLIAMS REALTY License #01223692

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1904

Lot Details

  • 9,176 Sq Ft Lot
  • Rectangular Lot
  • Private Yard

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Gated Parking

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Mountain Views
  • Utility Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Bathtub

Utilities

  • Central Heating and Cooling System
  • Floor Furnace

Additional Features

  • Separate Outdoor Workshop
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 82
  • Assessor Parcel Number 0171232250000

Home Details

Home Type

Single Family

Year Built

Built in 1904

Lot Details

9,176 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0171232250000
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2500.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 230.00
  • Bathroom Features: Bathtub
  • Basement: Utility

Exterior Features

  • Other Structures: Workshop
  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door, Gated
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Floor Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Yard
  • Lot Size Sq Ft: 9176.00
  • Lot Size Acres: 0.2107

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9176.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 82.00
  • Tax Lot: 1
  • Tax Tract Number: 82.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2020
Closed on
Mar 30, 2020
Sold by
Waggoner Robert Philip and Waggoner Tracy A
Bought by
Lupo Max and Lupo Karen
Seller's Agent
Mitchell Weisberg
KELLER WILLIAMS REALTY
Buyer's Agent
RHONDA STANTON
KELLER WILLIAMS REALTY
List Price
$600,000
Sold Price
$575,000
Premium/Discount to List
-$25,000
-4.17%
Current Estimated Value
$811,238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,238
Avg. Annual Appreciation
6.09%
Original Mortgage
$375,000
Outstanding Balance
$331,574
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$479,664

Purchase Details

Closed on
Aug 31, 2009
Sold by
Waggoner Robert Philip and Waggoner Tracy A
Bought by
Waggoner Robert Philip and Waggoner Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,600
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2007
Sold by
Waggoner Robert Philip and Waggoner Tracy A
Bought by
Waggoner Robert Philip and Waggoner Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Waggoner Robert Philip and Waggoner Tracy Ann
Bought by
Waggoner Robert Philip and Waggoner Tracy A
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

Date Buyer Sale Price Title Company
Lupo Max $575,000 Lawyers Title
Waggoner Robert Philip -- Lawyers Title Sd
Waggoner Robert Philip -- Lawyers Title Sd
Waggoner Robert Philip -- Accommodation
Waggoner Robert Philip -- Commonwealth Land Title Co
Waggoner Robert Philip -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lupo Max $375,000
Previous Owner Waggoner Robert Philip $157,600
Previous Owner Waggoner Robert Philip $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2020 04/23/20 Sold $575,000 -4.2% $230 / Sq Ft
03/24/2020 03/24/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $600,000 -- $240 / 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 $7,721 $628,847 $185,919 $442,928
2024 $7,206 $616,517 $182,274 $434,243
2023 $7,196 $604,428 $178,700 $425,728
2022 $7,089 $592,576 $175,196 $417,380
2021 $7,218 $580,957 $171,761 $409,196
2020 $752 $63,819 $11,903 $51,916
2019 $731 $62,568 $11,670 $50,898
2018 $712 $61,341 $11,441 $49,900
2017 $704 $60,139 $11,217 $48,922
2016 $695 $58,960 $10,997 $47,963
2015 $689 $58,075 $10,832 $47,243
2014 $675 $56,938 $10,620 $46,318
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Weisberg

    Seller's Agent in 2020

    Mitchell Weisberg

    KELLER WILLIAMS REALTY

    (909) 289-7325

    4 in this area

    101 Total Sales

    Mitchell Weisberg
    Section Image

  • B

    Seller Co-Listing Agent in 2020

    BRANDI WEISBERG

    KELLER WILLIAMS REALTY

  • RHONDA STANTON

    Buyer's Agent in 2020

    RHONDA STANTON

    KELLER WILLIAMS REALTY

    (909) 213-3304

    10 in this area

    27 Total Sales

    RHONDA STANTON
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20059932

California Regional Multiple Listing Service (CRMLS)

APN: 0171-232-25

California San Bernardino County Redlands 92373 South Redlands

518 W Olive Ave, Redlands, CA

Not Listed for Sale

Detached

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