Seller's Agent in 2020
MARK CLEVELAND
UNIVERSITY REALTY INC.
(909) 747-7224
56 Total Sales
6 Tennessee St Redlands, CA 92373
West Redlands NeighborhoodEstimated Value: $1,023,665 - $1,094,000
8
Beds
4
Baths
4,026
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Living Room with Attached Deck
- Cooling System Mounted To A Wall/Window
- Smiley Elementary School Rated A-
- Hiking Trails
- Laundry Room
About This Home
As of October 2020South Redlands Investment Opportunity! 4 spacious units with excellent rental potential. Each unit has either a small yard or balcony and their own laundry inside. Upstairs units have carpet, downstairs have laminate planks. No HOA. Easy to rent! 3 occupied units are month to month. Great location close to downtown Redlands and ESRI. Call for more info!
Last Agent to Sell the Property
UNIVERSITY REALTY INC. License #01897447 Listed on: 09/04/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 0.27 Acre Lot
- 1 Common Wall
- Rectangular Lot
- Level Lot
- Front Yard Sprinklers
Home Design
- Property Attached
- Frame Construction
- Stucco
Interior Spaces
- 4,026 Sq Ft Home
- Living Room with Attached Deck
- Laundry Room
Kitchen
- Gas Range
- Laminate Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Outdoor Features
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 8
- Tax Tract Number 6817
- Assessor Parcel Number 0171401310000
Community Details
Overview
- 4 Units
- Foothills
Recreation
- Golf Course Community
- Dog Park
- Hiking Trails
- Bike Trail
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Fuel Expense $1,000
- Insurance Expense $2,000
- Trash Expense $1,000
- Water Sewer Expense $3,100
- New Taxes Expense $10,400
- Operating Expense $17,800
- Gross Income $34,740
- Net Operating Income $49,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2020
Closed on
Sep 25, 2020
Sold by
Pang James Shu Hee and Pang Asia
Bought by
Pang James Shu Hee and Pang Asia Soong
Seller's Agent
MARK CLEVELAND
UNIVERSITY REALTY INC.
Buyer's Agent
Scott Stockdale
UNIVERSITY REALTY INC.
List Price
$849,000
Sold Price
$795,000
Premium/Discount to List
-$54,000
-6.36%
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
$262,666
Avg. Annual Appreciation
5.59%
Original Mortgage
$596,250
Outstanding Balance
$529,366
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$528,300
Purchase Details
Closed on
Nov 24, 1997
Sold by
Parks Melvin F and Parks Frances A
Bought by
Parks Melvin Franklin and Parks Frances Ann
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 |
|---|---|---|---|
| Pang James Shu Hee | -- | Ticor Title Riverside | |
| Pang James Shu Hee | $795,000 | Ticor Title Riverside | |
| Parks Melvin Franklin | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pang James Shu Hee | $596,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2020 10/29/20 | Sold | $795,000 | -0.5% | $197 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | Price Changed | $799,000 | -5.9% | $198 / Sq Ft |
| 09/04/2020 09/04/20 | For Sale | $849,000 | -- | $211 / 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 | $10,746 | $860,534 | $216,487 | $644,047 |
| 2024 | $10,035 | $843,661 | $212,242 | $631,419 |
| 2023 | $10,024 | $827,118 | $208,080 | $619,038 |
| 2022 | $9,879 | $810,900 | $204,000 | $606,900 |
| 2021 | $10,059 | $795,000 | $200,000 | $595,000 |
| 2020 | $3,498 | $271,286 | $48,796 | $222,490 |
| 2019 | $3,403 | $265,966 | $47,839 | $218,127 |
| 2018 | $3,320 | $260,751 | $46,901 | $213,850 |
| 2017 | $3,293 | $255,638 | $45,981 | $209,657 |
| 2016 | $3,257 | $250,625 | $45,079 | $205,546 |
| 2015 | $3,234 | $246,861 | $44,402 | $202,459 |
| 2014 | $3,177 | $242,025 | $43,532 | $198,493 |
Source: Public Records
Agents Affiliated with this Home
-
MARK CLEVELAND
-
Scott Stockdale
Seller Co-Listing Agent in 2020
Scott Stockdale
UNIVERSITY REALTY INC.
(909) 796-0156
55 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV20177394
APN: 0171-401-31
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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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