Seller's Agent in 2013
Kim Suman
Corcoran Group of California Inc.
(909) 714-7916
5 Total Sales
519 W Olive Ave Redlands, CA 92373
South Redlands NeighborhoodEstimated Value: $740,400 - $1,107,000
3
Beds
3
Baths
3,176
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Neighborhood Views
- Laundry Room
- Cope Middle School Rated A-
- Cooling System Mounted To A Wall/Window
- Partially Fenced Property
About This Home
As of April 2013MOTIVATED TO SELL< TRUST PROPERTY... Turn-of-the-Century vintage “Four-Square” with a separate 2 bedroom bungalow in the rear in the historic south-side. All units are one bedroom and one bathroom. Great rental area. Individual gas, electric and hot water. Pleasant landscaped traditional front yard. Huge rear lot with ample parking. Great buy. Rents are under market.
Please do not disturb the tenants. Drive by only. (Expenses are estimated)
Last Agent to Sell the Property
Corcoran Group of California Inc. License #01437996 Listed on: 11/05/2012
Co-Listed By
Dan Corcoren
CAPRE License #00451125
Last Buyer's Agent
Steven Dou
Re/Max Elite Realty License #01916184
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1902
Lot Details
- 8,000 Sq Ft Lot
- Two or More Common Walls
- Partially Fenced Property
- Density is up to 1 Unit/Acre
Home Design
- Craftsman Architecture
- Bungalow
- Property Attached
- Fixer Upper
- Composition Roof
Interior Spaces
- 3,176 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Free-Standing Range
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- 16 Parking Spaces
- Parking Available
- Unassigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 82
- Assessor Parcel Number 0171312110000
Community Details
Overview
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,143
- Insurance Expense $1,536
- Maintenance Expense $2,490
- Professional Management Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- New Taxes Expense $2
- Gross Income $3,325
- Net Operating Income $30,414
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2012
Closed on
Mar 1, 2013
Sold by
Clever Redlands Llc
Bought by
Ng Chun Shing and Ng Ngan Wun
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
Steven Dou
Re/Max Elite Realty
List Price
$495,000
Sold Price
$345,000
Premium/Discount to List
-$150,000
-30.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,100
Avg. Annual Appreciation
7.89%
Original Mortgage
$240,000
Outstanding Balance
$169,362
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$736,738
Purchase Details
Closed on
Sep 19, 2005
Sold by
Cleaver Anna D
Bought by
The Cleaver Redlands Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ng Chun Shing | $345,000 | First American Title Company | |
| The Cleaver Redlands Llc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ng Chun Shing | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2013 04/09/13 | Sold | $345,000 | -30.3% | $109 / Sq Ft |
| 02/23/2013 02/23/13 | Pending | -- | -- | -- |
| 11/05/2012 11/05/12 | For Sale | $495,000 | -- | $156 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,978 | $424,845 | $59,109 | $365,736 |
| 2024 | $4,978 | $416,515 | $57,950 | $358,565 |
| 2023 | $4,972 | $408,348 | $56,814 | $351,534 |
| 2022 | $4,901 | $400,341 | $55,700 | $344,641 |
| 2021 | $4,990 | $392,491 | $54,608 | $337,883 |
| 2020 | $4,916 | $388,466 | $54,048 | $334,418 |
| 2019 | $4,780 | $380,849 | $52,988 | $327,861 |
| 2018 | $4,661 | $373,381 | $51,949 | $321,432 |
| 2017 | $4,623 | $366,059 | $50,930 | $315,129 |
| 2016 | $4,571 | $358,881 | $49,931 | $308,950 |
| 2015 | $4,538 | $353,490 | $49,181 | $304,309 |
| 2014 | $4,456 | $346,566 | $48,218 | $298,348 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Suman
-
D
Seller Co-Listing Agent in 2013
Dan Corcoren
CAPRE
-
S
Buyer's Agent in 2013
Steven Dou
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV12136741
APN: 0171-312-11
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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