NOT LISTED FOR SALE

Estimated Value: $492,757 - $545,000

2 Beds
2 Baths
1,341 Sq Ft
$250/mo HOA Fee

Last Sold May 18, 2012

Last sale price $187,500 $140 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $3,282/month

139 Days on Market

Highlights

  • Cabana
  • All Bedrooms Downstairs
  • Open Floorplan
  • Redlands Senior High School Rated A
  • View of Trees or Woods
  • Clubhouse

About This Home

As of May 2012

REDUCED! REDUCED! REDUCED! Standard Sale! Don’t miss out on this rare opportunity to purchase this gorgeous single-story patio home in the quaint Palm Terrace Villas community located in Downtown Redlands! Located minutes from freeways, shopping, the Redlands Bowl, the University of Redlands, Loma Linda University & Medical Center, and all of the charm and history the City of Redlands has to offer, this beautiful home features a wonderful open floor plan that will welcome you home from the moment you step inside! Features include new paint & carpet throughout; new central AC unit; tiled entry, dining room & kitchen; huge master bedroom with self-contained full bath and closets galore; large 2nd bedroom that can double as an office; full 2nd guest bath; large kitchen w/breakfast bar & fully-equipped with appliances; indoor laundry area including washer & dryer; lots of storage space and a 2-car attached garage. Take your pick enjoying the cool Fall evenings outdoors on the cozy enclosed front lanai with views of the mountains or the enclosed back patio that offers peaceful tranquility surrounded by the lush greenbelt area located behind the unit. Community pool, spa & clubhouse round out the amenities of your new home. Schedule your private showing today!

Last Agent to Sell the Property

RANDY FOX

PROPMAN INC. License #01814303 Listed on: 10/18/2011

Last Buyer's Agent

Janine Nielsen

RE/MAX ADVANTAGE License #01815642

RE/MAX ADVANTAGE

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • No Sprinklers

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Unassigned Parking

Property Views

  • Woods
  • Mountain
  • Hills
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Patio Home
  • Turnkey
  • Additions or Alterations
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 1,341 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Drapes & Rods
  • Window Screens
  • Sliding Doors
  • Entryway
  • Living Room
  • L-Shaped Dining Room
  • Storage
  • Security Lights

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Filtered Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Brick Porch or Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 0173431180000

Community Details

Overview

  • 44 Units
  • Palm Terrace Villas HOA, Phone Number (714) 791-8805
  • Maintained Community
  • Greenbelt

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Additions/Alterations, Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 0173431180000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1341.00
  • Interior Amenities: Open Floorplan, Pantry, Recessed Lighting, Storage, Tile Counters, Unfurnished
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Ell
  • Levels: One
  • Price Per Square Foot: 139.82
  • Room Type: All Bedrooms Down, Entry, Living Room, Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association, Heated, In Ground
  • Window Features: Drapes, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting, Satellite Dish
  • View: Hills, Mountain(s), Neighborhood, Park/Greenbelt, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Brick, Cabana, Porch
  • Pool Features: Association, Community, Fenced, Filtered, Heated, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Single Door, Unassigned

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooking, Freezer, Disposal, Gas Water Heater, Microwave, Range, Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, In Closet, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Clubhouse, Dues Paid Monthly, Maintenance Grounds, Pet Rules, Picnic Area, Pool, Spa/Hot Tub
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace Villas HOA
  • Phone: 714-791-8805
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Greenbelt, Level, Landscaped, Patio Home, Sprinklers None
  • Lot Size Sq Ft: 1341.00
  • Lot Size Acres: 0.0300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1341.0000 Square Feet
  • Number Of Units In Community: 44
  • Number Of Units Total: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2012
Sold by
Hale Charles Rodney and The Juanita H Damico Trust
Bought by
Bennett Don E and Bennett Donna
Current Estimated Value
$509,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2008
Sold by
Lewis Michela L and The Akers Family Trust
Bought by
Damico Juanita H and Hale Charles Rodney

Purchase Details

Closed on
Aug 9, 2005
Sold by
Akers T Maxine
Bought by
Akers T Maxine and The Akers Family Trust

Purchase Details

Closed on
Sep 15, 1998
Sold by
Tebbe Robbie M
Bought by
Akers Maurice R and Akers Maxine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
6.79%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Agajanian Arleen
Bought by
Tebbe Robbie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
7.06%

Purchase Details

Closed on
Feb 3, 1994
Sold by
Capriola Peter J and Capriola Linda
Bought by
Agajanian Arleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bennett Don E $187,000 Fidelity National Title Co
Damico Juanita H $295,000 Fnt
Akers T Maxine -- --
Akers Maurice R $111,000 Fidelity National Title
Tebbe Robbie M $107,000 First American Title Ins Co
Agajanian Arleen $115,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Don E $177,650
Previous Owner Akers Maurice R $88,800
Previous Owner Tebbe Robbie M $96,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $187,500 -12.8% $140 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
12/13/2011 12/13/11 Price Changed $214,900 -4.4% $160 / Sq Ft
10/18/2011 10/18/11 For Sale $224,900 -- $168 / Sq Ft
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 $4,435 $234,883 $70,464 $164,419
2024 $4,435 $230,277 $69,082 $161,195
2023 $4,432 $225,761 $67,727 $158,034
2022 $4,392 $221,334 $66,399 $154,935
2021 $4,441 $216,994 $65,097 $151,897
2020 $4,400 $214,769 $64,430 $150,339
2019 $4,325 $210,558 $63,167 $147,391
2018 $4,260 $206,429 $61,928 $144,501
2017 $4,198 $202,382 $60,714 $141,668
2016 $4,140 $198,414 $59,524 $138,890
2015 $2,507 $195,434 $58,630 $136,804
2014 $2,462 $191,606 $57,482 $134,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: E11137167

California Regional Multiple Listing Service (CRMLS)

APN: 0173-431-18