NOT LISTED FOR SALE

Estimated Value: $613,000 - $941,000

3 Beds
3 Baths
1,638 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $525,000 $321 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,274/month

41 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • Tile Flooring
  • Smiley Elementary School Rated A-
  • Laundry Room
  • 1 Attached Carport Space

About This Home

As of October 2020

Super Charming, Spanish-style Duplex! In good condition and wonderful location! Great investment opportunity.
Unit 620 is a 2 bedroom, 2 bath with approximately 1000 square feet. Offering a large kitchen and spacious living rooom, inside laundry and a relaxing patio. Central heating and cooling. It also has a garage.
Unit 618 is a 1 bedroom, 1 bath with apprioximately 650 square feet. Offering inside laundry and a carport.
Both units have laminate floors.
The units have separate driveways and are separately fenced.
Centrally located to Downtown, Redland Bowl and Smiley Park and Gerrards Market. Close to Redlands COmmunity Hospital adn just a few miles to the university of Redlands.
Excellent Opportunity, Don't Miss Out!

Last Agent to Sell the Property

Scott Tucker

PROVIDENCE REALTY License #01382514 Listed on: 06/29/2020

Last Buyer's Agent

Matthew Guerra

KW Executive License #02022646

KW Executive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1926

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • 1 Attached Carport Space
  • Parking Available

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 1974
  • Assessor Parcel Number 0172323160000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1
  • Water Sewer Expense $1,379
  • Operating Expense $1,460
  • Gross Income $25,200
  • Net Operating Income $23,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,630

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Inclusions: appliances
  • Property Attached: No
  • Water Sewer Expenses: 1379.00
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0172323160000
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 320.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Lot Size Area: 4800.0000 Square Feet
  • Net Operating Income: 23740.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1460.00
  • Rent Control: No
  • Total Expenses: 1460.00

Tax Info

  • Tax Census Tract: 83.02
  • Tax Lot: 13
  • Tax Tract Number: 1974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2020
Sold by
Richards Jeffrey W and Richards Cindy D
Bought by
Guerra Bianca Desiree
Current Estimated Value
$703,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 31, 2012
Sold by
Fowler Richards Jeffrey William and Fowler Richards Cindy Diane
Bought by
Richards Jeffrey W and Richards Cindy D

Purchase Details

Closed on
May 14, 2011
Sold by
Brennan Elizabeth Thamann
Bought by
Fowler Richards Jeffrey William and Fowler Richards Cindy Diane
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
Guerra Bianca Desiree $525,000 First American Title Company
Richards Jeffrey W -- None Available
Fowler Richards Jeffrey William $295,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerra Bianca Desiree $515,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $525,000 0.0% $321 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $525,000 -- $321 / 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 $6,630 $568,276 $108,243 $460,033
2024 $6,630 $557,134 $106,121 $451,013
2023 $6,622 $546,210 $104,040 $442,170
2022 $6,527 $535,500 $102,000 $433,500
2021 $6,646 $525,000 $100,000 $425,000
2020 $4,383 $345,585 $76,146 $269,439
2019 $4,261 $338,809 $74,653 $264,156
2018 $4,156 $332,165 $73,189 $258,976
2017 $4,122 $325,652 $71,754 $253,898
2016 $4,076 $319,267 $70,347 $248,920
2015 $4,046 $314,471 $69,290 $245,181
2014 $3,974 $308,311 $67,933 $240,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20114083

California Regional Multiple Listing Service (CRMLS)

APN: 0172-323-16