531 Courier Ave Redlands, CA 92374
North Redlands NeighborhoodEstimated Value: $888,293 - $1,175,000
9
Beds
6
Baths
3,880
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Lawn
- Laundry Room
- Citrus Valley High School Rated A
- Neighborhood Views
- Central Heating and Cooling System
About This Home
As of July 2015Just Listed!!!!! Great 4-plex located in downtown Redlands. Excellent investment with great tenants! 4 units total, Unit A (downstairs) has 3 BD and 1 BA, Unit B (downstairs) in the process of a remodel with 2 BD and 2 BA. Unit C (upstairs) has 2 BD and 1 BA and Unit D (upstairs) has 2 BD and 1 BA. Each unit has it's own detached garage and carport. Property is in good condition with low association dues which cover landscaping and common grounds. Great location near University of Redlands, perfect for students. Near local parks and shopping. Don't miss out! Easy to show!
Last Agent to Sell the Property
PROVIDENCE REALTY License #01382514 Listed on: 07/03/2015
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,669
Year Built
- Built in 1985
Lot Details
- 0.27 Acre Lot
- Two or More Common Walls
- Level Lot
- Sprinklers on Timer
- Lawn
- Front Yard
HOA Fees
- $300 Monthly HOA Fees
Parking
- 4 Car Garage
- Parking Available
Home Design
- Traditional Architecture
- Property Attached
- Turnkey
- Permanent Foundation
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,880 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Drapes & Rods
- Blinds
- Living Room with Fireplace
- Neighborhood Views
- Fire and Smoke Detector
Kitchen
- Gas Range
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Utilities
- Central Heating and Cooling System
- Water Heater
Additional Features
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection, water
- Tax Lot 6
- Tax Tract Number 80
- Assessor Parcel Number 0167271370000
Community Details
Overview
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Trash Expense $150
- Gross Income $3,500
- Net Operating Income $3,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 3, 2015
Closed on
Jul 21, 2015
Sold by
Ttg Llc
Bought by
Kaa Properties Lp
Seller's Agent
Scott Tucker
PROVIDENCE REALTY
Buyer's Agent
Mike Nijjar
MZ BROKERAGE INC.
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Total Days on Market
63
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
$562,823
Avg. Annual Appreciation
8.41%
Purchase Details
Listed on
Oct 2, 2013
Closed on
Nov 6, 2013
Sold by
Nguyen Steve Tien and Ngo Hue Thi
Bought by
Ttg Llc
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Adele Tucker
PROVIDENCE REALTY
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Purchase Details
Closed on
Sep 9, 2004
Sold by
Park Chang Jun
Bought by
Nguyen Steve Tien and Ngo Hue Thi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 16, 2002
Sold by
Maloy Harell E and Maloy Nancy L
Bought by
Park Chang Jun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,400
Interest Rate
6.74%
Purchase Details
Closed on
Aug 29, 2000
Sold by
Bennett Barbara
Bought by
Bennett Dwight E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.93%
Purchase Details
Closed on
Jun 27, 2000
Sold by
Grey Eagle Inc
Bought by
Dwight E Bennett & Associates Inc
Purchase Details
Closed on
May 23, 2000
Sold by
Grey Eagle Inc
Bought by
Basinet Michael J
Purchase Details
Closed on
May 20, 2000
Sold by
Tabernacle Community Church
Bought by
Grey Eagle Inc
Purchase Details
Closed on
May 16, 2000
Sold by
Grey Eagle Inc
Bought by
Tabernacle Community Church
Purchase Details
Closed on
Jun 18, 1999
Sold by
The Bank Of New York
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
$180,000
Interest Rate
7.64%
Purchase Details
Closed on
Jan 26, 1999
Sold by
Smith Rico
Bought by
Amresco Residential Securities Corp Mtg
Purchase Details
Closed on
Mar 20, 1997
Sold by
Granite Five Llc
Bought by
Harris Carl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
7.63%
Purchase Details
Closed on
Mar 18, 1997
Sold by
Harris Carl
Bought by
Smith Rico
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
7.63%
Purchase Details
Closed on
Mar 1, 1997
Sold by
Smith Natasha K
Bought by
Smith Rico
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
7.63%
Purchase Details
Closed on
May 21, 1996
Sold by
Loughnane Patrick V and Loughnane Maeve
Bought by
Powerscourt Partners #3A Ltd and Powerscourt Partners #4 Ltd
Purchase Details
Closed on
Aug 28, 1992
Sold by
Exxcel Apartments Inc
Bought by
Powerscourt Partners #3A Ltd and Powerscourt Partners #4 Ltd
Similar Home in Redlands, CA
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 |
|---|---|---|---|
| Kaa Properties Lp | $480,000 | Chicago Title Company | |
| Ttg Llc | $400,000 | Stewart Title Company | |
| Nguyen Steve Tien | $529,000 | Chicago Title Co | |
| Park Chang Jun | $276,000 | American Title | |
| Bennett Dwight E | -- | Southland Title Corporation | |
| Maloy Harell L | -- | Southland Title Corporation | |
| Dwight E Bennett & Associates Inc | $36,227 | -- | |
| Basinet Michael J | $19,500 | -- | |
| Grey Eagle Inc | -- | -- | |
| Tabernacle Community Church | -- | -- | |
| Grey Eagle Inc | $165,000 | Fidelity National Title Co | |
| Amresco Residential Securities Corp Mtg | $200,000 | Benefit Land Title Ins Compa | |
| Harris Carl | -- | American Title | |
| Smith Rico | $295,000 | American Title | |
| Smith Rico | -- | American Title | |
| Powerscourt Partners #3A Ltd | -- | First American Title Ins Co | |
| Colony Fbp Partners Lp | -- | First American Title Ins Co | |
| Powerscourt Partners #3A Ltd | -- | -- | |
| Exxcel Apartments Inc | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nguyen Steve Tien | $370,000 | |
| Previous Owner | Park Chang Jun | $248,400 | |
| Previous Owner | Maloy Harell L | $210,000 | |
| Previous Owner | Grey Eagle Inc | $33,600 | |
| Previous Owner | Grey Eagle Inc | $19,500 | |
| Previous Owner | Grey Eagle Inc | $68,000 | |
| Previous Owner | Grey Eagle Inc | $180,000 | |
| Previous Owner | Smith Rico | $217,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2015 07/31/15 | Sold | $480,000 | -1.0% | $124 / Sq Ft |
| 07/10/2015 07/10/15 | Pending | -- | -- | -- |
| 05/08/2015 05/08/15 | For Sale | $485,000 | +21.3% | $125 / Sq Ft |
| 11/15/2013 11/15/13 | Sold | $400,000 | -2.4% | $103 / Sq Ft |
| 10/25/2013 10/25/13 | Pending | -- | -- | -- |
| 06/29/2013 06/29/13 | For Sale | $410,000 | -- | $106 / 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 |
|---|---|---|---|---|
| 2024 | $6,669 | $557,083 | $111,418 | $445,665 |
| 2023 | $6,661 | $546,159 | $109,233 | $436,926 |
| 2022 | $6,566 | $535,450 | $107,091 | $428,359 |
| 2021 | $6,684 | $524,951 | $104,991 | $419,960 |
| 2020 | $6,586 | $519,568 | $103,914 | $415,654 |
| 2019 | $6,403 | $509,380 | $101,876 | $407,504 |
| 2018 | $6,245 | $499,392 | $99,878 | $399,514 |
| 2017 | $6,193 | $489,600 | $97,920 | $391,680 |
| 2016 | $6,124 | $480,000 | $96,000 | $384,000 |
| 2015 | $5,263 | $407,992 | $81,598 | $326,394 |
| 2014 | $5,170 | $400,000 | $80,000 | $320,000 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Tucker
Seller's Agent in 2015
Scott Tucker
PROVIDENCE REALTY
(800) 882-8974
6 in this area
360 Total Sales
-
Mike Nijjar
M
Buyer's Agent in 2015
Mike Nijjar
MZ BROKERAGE INC.
(626) 575-0062
1 Total Sale
-
Nathan Diones
Seller's Agent in 2013
Nathan Diones
REGIONCY REAL ESTATE
(909) 709-3781
29 Total Sales
-
Adele Tucker
Buyer's Agent in 2013
Adele Tucker
PROVIDENCE REALTY
(951) 789-1058
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV15099022
APN: 0167-271-37
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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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