R
Seller's Agent in 2020
Rita Shaw
Shaw Real Estate Brokers
615 E Palm Ave Redlands, CA 92374
South Redlands NeighborhoodEstimated Value: $475,000 - $539,387
3
Beds
2.5
Baths
1,474
Sq Ft
$330/mo
HOA Fee
Highlights
- In Ground Pool
- Mountain View
- Granite Countertops
- Redlands Senior High School Rated A
- Contemporary Architecture
- Enclosed Patio or Porch
About This Home
As of August 2020Palm Terrace is a quiet, mature complex close to the Albertsons shopping center. Walk to Panera Bread for your morning coffee. This spacious condo features a large, main level, open concept floor plan. The kitchen is updated with newer cabinets and granite tile counters. All appliances included. There are two patios and a detached two-car garage. Laundry and a powder room are on the main floor. All bedrooms up including the master with walk-in closet and two more bedrooms. Repainted 12 months ago inside and new luxury vinyl plank flooring installed on the stairs and second floor. ( The photos were taken before) The first floor is tiled. Water, sewer, and trash are included. There is a community pool. Great commuter access near the Ford Street off-ramp. The HOA includes water, sewer and trash.We can start showing it on the afternoon of the 18th.
Last Agent to Sell the Property
Rita Shaw
Shaw Real Estate Brokers License #00666305 Listed on: 05/15/2020
Last Buyer's Agent
Tricia Cerda
RE/MAX Empire Properties License #01098061
Property Details
Home Type
- Condominium
Year Built
- Built in 1973
Lot Details
- Property fronts a private road
- 1 Common Wall
- Wrought Iron Fence
- Landscaped
HOA Fees
- $330 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Garage Door Opener
- Driveway
- Assigned Parking
Property Views
- Mountain
- Neighborhood
Home Design
- Contemporary Architecture
- Concrete Roof
- Stucco
Interior Spaces
- 1,474 Sq Ft Home
- 2-Story Property
- Formal Entry
- Combination Dining and Living Room
Kitchen
- Gas Range
- Free-Standing Range
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Walk-In Closet
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Enclosed Patio or Porch
- Exterior Lighting
Location
- Suburban Location
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
- Sewer Paid
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 8506
- Assessor Parcel Number 0173431170000
Community Details
Overview
- 24 Units
- Palm Terrace Villas Association, Phone Number (714) 891-2551
- Palm Terrace Villas HOA
Recreation
- Community Pool
Pet Policy
- Pets Allowed with Restrictions
Additional Features
- Recreation Room
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2020
Closed on
Jun 25, 2020
Sold by
Mrmjw Residential Llc
Bought by
Cook Thomas
Seller's Agent
Rita Shaw
Shaw Real Estate Brokers
Buyer's Agent
Tricia Cerda
RE/MAX Empire Properties
List Price
$335,000
Sold Price
$339,000
Premium/Discount to List
$4,000
1.19%
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
$166,597
Avg. Annual Appreciation
7.70%
Original Mortgage
$323,819
Outstanding Balance
$287,141
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$218,456
Purchase Details
Listed on
May 15, 2020
Closed on
Jun 8, 2020
Sold by
Desouza Cook Gilson
Bought by
Cook Thomas
Seller's Agent
Rita Shaw
Shaw Real Estate Brokers
Buyer's Agent
Tricia Cerda
RE/MAX Empire Properties
List Price
$335,000
Sold Price
$339,000
Premium/Discount to List
$4,000
1.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,819
Outstanding Balance
$287,141
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$218,456
Purchase Details
Closed on
Mar 4, 2014
Sold by
Shaw Marvin S and Sternath Shaw Rita E
Bought by
Mrmjw Residential Llc
Purchase Details
Listed on
May 18, 2013
Closed on
May 20, 2013
Sold by
Shaw Marvin S and Sternath Shaw Rita E
Bought by
Shaw Marvin S and Sternath Shaw Rita E
Seller's Agent
Rita Shaw
Shaw Real Estate Brokers
Buyer's Agent
Rita Shaw
Shaw Real Estate Brokers
Sold Price
$1,575
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 21, 2013
Closed on
Apr 16, 2013
Sold by
Wiltshire Erin L
Bought by
Shaw Marvin S and Sternath Shaw Rita E
Seller's Agent
Benjamin Hartnell
YUCAIPA VALLEY REAL ESTATE
Buyer's Agent
Rita Shaw
Shaw Real Estate Brokers
List Price
$215,000
Sold Price
$217,500
Premium/Discount to List
$2,500
1.16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 31, 2009
Sold by
Mcbride Janine
Bought by
Wiltshire Erin L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,722
Interest Rate
4.79%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 14, 2005
Sold by
Taylor Ryan P
Bought by
Hibbard Olivia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.75%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Oct 3, 2005
Sold by
Hibbard Olivia M
Bought by
Mcbride Janine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.75%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Dec 10, 2004
Sold by
Hibbard Olivia M and Hibbard Olivia M L
Bought by
Hibbard Olivia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2004
Sold by
Taylor Ryan
Bought by
Hibbard Olivia M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 10, 2002
Sold by
Seaton John S and Seaton Patricia
Bought by
Hibbard Olivia M L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,398
Interest Rate
6.6%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 25, 1994
Sold by
Seaton John S
Bought by
Seaton John S and Seaton Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,375
Interest Rate
8.52%
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 |
|---|---|---|---|
| Cook Thomas | $335,000 | Fidelity National Title Co | |
| Cook Thomas | -- | Fidelity National Title Co | |
| Mrmjw Residential Llc | -- | Fidelity National Title Co | |
| Shaw Marvin S | -- | Fidelity National Title Co | |
| Shaw Marvin S | $217,500 | Fidelity National Title Co | |
| Wiltshire Erin L | $179,000 | Fidelity National Title Ie | |
| Hibbard Olivia M | -- | Fidelity National Title Co | |
| Mcbride Janine | $340,000 | Fidelity National Title Co | |
| Mcbride Janine | -- | Fidelity National Title Co | |
| Hibbard Olivia M | -- | First American | |
| Hibbard Olivia M | -- | First American | |
| Hibbard Olivia M L | $162,000 | Fidelity National Title Ins | |
| Seaton John S | -- | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cook Thomas | $323,819 | |
| Previous Owner | Shaw Marvin S | $150,000 | |
| Previous Owner | Wiltshire Erin L | $175,722 | |
| Previous Owner | Mcbride Janine | $272,000 | |
| Previous Owner | Hibbard Olivia M | $181,500 | |
| Previous Owner | Hibbard Olivia M | $181,500 | |
| Previous Owner | Hibbard Olivia M L | $159,398 | |
| Previous Owner | Seaton John S | $87,375 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/07/2020 08/07/20 | Sold | $339,000 | +1.2% | $230 / Sq Ft | |
| 06/03/2020 06/03/20 | Pending | -- | -- | -- | |
| 05/15/2020 05/15/20 | For Sale | $335,000 | 0.0% | $227 / Sq Ft | |
| 05/01/2019 05/01/19 | Rented | $1,950 | 0.0% | -- | |
| 04/19/2019 04/19/19 | For Rent | $1,950 | +15.0% | -- | |
| 09/18/2017 09/18/17 | Rented | $1,695 | 0.0% | -- | |
| 09/04/2017 09/04/17 | Price Changed | $1,695 | -5.6% | $1 / Sq Ft | |
| 09/02/2017 09/02/17 | Price Changed | $1,795 | -10.0% | $1 / Sq Ft | |
| 07/30/2017 07/30/17 | For Rent | $1,995 | 0.0% | -- | |
| 07/02/2017 07/02/17 | Off Market | $1,995 | -- | -- | |
| 06/21/2017 06/21/17 | For Rent | $1,995 | +26.7% | -- | |
| 06/22/2013 06/22/13 | Rented | $1,575 | -1.6% | -- | |
| 06/20/2013 06/20/13 | Under Contract | -- | -- | -- | |
| 05/18/2013 05/18/13 | For Rent | $1,600 | 0.0% | -- | |
| 05/09/2013 05/09/13 | Sold | $217,500 | +1.2% | $148 / Sq Ft | View Prior Sale |
| 03/26/2013 03/26/13 | Pending | -- | -- | -- | |
| 03/21/2013 03/21/13 | For Sale | $215,000 | -- | $146 / 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 | $4,139 | $362,614 | $108,784 | $253,830 |
| 2024 | $4,139 | $355,504 | $106,651 | $248,853 |
| 2023 | $4,133 | $348,534 | $104,560 | $243,974 |
| 2022 | $4,072 | $341,700 | $102,510 | $239,190 |
| 2021 | $4,162 | $335,000 | $100,500 | $234,500 |
| 2020 | $3,091 | $244,904 | $73,472 | $171,432 |
| 2019 | $3,005 | $240,102 | $72,031 | $168,071 |
| 2018 | $2,931 | $235,394 | $70,619 | $164,775 |
| 2017 | $2,906 | $230,778 | $69,234 | $161,544 |
| 2016 | $2,874 | $226,252 | $67,876 | $158,376 |
| 2015 | $2,852 | $222,853 | $66,856 | $155,997 |
| 2014 | $2,801 | $218,487 | $65,546 | $152,941 |
Source: Public Records
Agents Affiliated with this Home
-
-
Will Quanstrom
Seller Co-Listing Agent in 2020
Will Quanstrom
Shaw Real Estate Brokers
(909) 838-0886
13 in this area
96 Total Sales
-
T
Buyer's Agent in 2020
Tricia Cerda
RE/MAX
-
Benjamin Hartnell
Seller's Agent in 2013
Benjamin Hartnell
YUCAIPA VALLEY REAL ESTATE
(909) 725-3121
6 in this area
110 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV20092885
APN: 0173-431-17
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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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