NOT LISTED FOR SALE

531 W Clark St Redlands, CA 92373

South Redlands Neighborhood

Estimated Value: $908,000 - $968,801

4 Beds
1 Bath
2,303 Sq Ft
$408/Sq Ft Est. Value

Last Sold January 26, 2023

Last sale price $860,000 $373 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,854/month

Highlights

  • Laundry Room
  • Cope Middle School Rated A-
  • 1-Story Property

About This Home

As of January 2023

This home is located at 531 W Clark St, Redlands, CA 92373 since 10 December 2022 and is currently estimated at $940,700, approximately $408 per square foot. This property was built in 1987. 531 W Clark St is a home located in San Bernardino County with nearby schools including McKinley Elementary School, Cope Middle School, and Redlands Senior High School.

Last Agent to Sell the Property

Kristin Staton

CENTURY 21 LOIS LAUER REALTY License #01100344 Listed on: 12/10/2022

CENTURY 21 LOIS LAUER REALTY

Co-Listed By

David Critchlow

CENTURY 21 LOIS LAUER REALTY License #00919686

Last Buyer's Agent

Kristin Staton

CENTURY 21 LOIS LAUER REALTY License #01100344 Listed on: 12/10/2022

CENTURY 21 LOIS LAUER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,399

Year Built

  • Built in 1987

Lot Details

  • 8,600 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4 Bedrooms
  • 2,303 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 1954
  • Assessor Parcel Number 0171352100000
  • $1,243 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $200
  • Water Sewer Expense $600
  • Operating Expense $800
  • Gross Income $5,570
  • Net Operating Income $4,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,399

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 215000
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0171352100000
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 373.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8600.00
  • Lot Size Acres: 0.1974

Multi Family

  • Gross Income: 5570.00
  • Gross Scheduled Income: 5570.00
  • Lot Size Area: 8600.0000 Square Feet
  • Net Operating Income: 4770.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 800.00
  • Rent Control: No
  • Total Expenses: 800.00

Tax Info

  • Tax Census Tract: 82.01
  • Tax Lot: 10
  • Tax Tract Number: 1954
  • TaxOtherAnnualAssessmentAmount: 1243.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Dec 15, 2022
Sold by
Rodolf Ivan Wenzel and Stacy Lynn
Bought by
Malakouti Michael Javad and Randazzo Johnna Brianne
Seller's Agent
Kristin Staton
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Kristin Staton
CENTURY 21 LOIS LAUER REALTY
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$940,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,700
Avg. Annual Appreciation
3.34%
Original Mortgage
$731,000
Outstanding Balance
$706,364
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$234,336

Purchase Details

Closed on
Apr 10, 2020
Sold by
Wenzel Rodolf Ivan and Boyle Stacy Lynn
Bought by
Wenzel Rodolf Ivan and Boyle Stacy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2019
Sold by
Boyle Wenzel R and Boyle Stacy Lynn
Bought by
Wenzel Rodolf Iavn and Boyle Stacy Lynn

Purchase Details

Closed on
Dec 21, 2018
Sold by
Wenzel R Ivan and Boyle Stacy Lynn
Bought by
Wenzel R Ivan and Boyle Stacy Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2006
Sold by
Wenzel R Ivan
Bought by
Boyle Wenzel R Ivan and Boyle Wenzel Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Chapman Matthew and Chapman Elizabeth
Bought by
Wenzel R Ivan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Malakouti Michael Javad $860,000 Ticor Title
Wenzel Rodolf Ivan -- Wfg National Title Co Of Ca
Wenzel Rodolf Iavn -- None Available
Wenzel R Ivan -- Fidelity National Title Comp
Boyle Wenzel R Ivan -- Lawyers Title Co
Wenzel R Ivan $350,000 Nti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malakouti Michael Javad $731,000
Previous Owner Wenzel Rodolf Ivan $483,750
Previous Owner Wenzel R Ivan $460,000
Previous Owner Boyle Wenzel R Ivan $484,000
Previous Owner Wenzel R Ivan $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2023 01/26/23 Sold $860,000 0.0% $373 / Sq Ft
12/10/2022 12/10/22 For Sale $860,000 +49042.9% $373 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
05/20/2021 05/20/21 Rented $1,750 -2.5% --
05/11/2021 05/11/21 Under Contract -- -- --
05/05/2021 05/05/21 Off Market $1,795 -- --
04/12/2021 04/12/21 For Rent $1,795 -- --
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 $10,399 $894,744 $265,302 $629,442
2024 $10,399 $877,200 $260,100 $617,100
2023 $5,819 $478,309 $102,496 $375,813
2022 $5,736 $468,930 $100,486 $368,444
2021 $5,840 $459,736 $98,516 $361,220
2020 $5,754 $455,022 $97,506 $357,516
2019 $5,594 $446,100 $95,594 $350,506
2018 $5,455 $437,353 $93,720 $343,633
2017 $5,410 $428,777 $91,882 $336,895
2016 $5,349 $420,369 $90,080 $330,289
2015 $5,310 $414,055 $88,727 $325,328
2014 $5,215 $405,944 $86,989 $318,955
Source: Public Records

Agents Affiliated with this Home

  • Kristin Staton

    Seller's Agent in 2023

    Kristin Staton

    CENTURY 21 LOIS LAUER REALTY

    (909) 806-0407

    8 in this area

    39 Total Sales

    Kristin Staton
    Section Image
  • David Critchlow

    Seller Co-Listing Agent in 2023

    David Critchlow

    CENTURY 21 LOIS LAUER REALTY

    (909) 806-0407

    5 in this area

    23 Total Sales

    David Critchlow
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22253917

California Regional Multiple Listing Service (CRMLS)

APN: 0171-352-10

California San Bernardino County Redlands 92373 South Redlands

531 W Clark St, Redlands, CA

This home is located at 531 W Clark St, Redlands, CA 92373 since 10 December 2022 and is currently estimated at $940,700, approximately $408 per square foot. This property was built in 1987. 531 W Clark St is a home located in San Bernardino County with nearby schools including McKinley Elementary School, Cope Middle School, and Redlands Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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