S
Seller's Agent in 2022
Sean Williamson
THE REAL ESTATE GROUP
622 Pine Ave Redlands, CA 92373
South Redlands NeighborhoodEstimated Value: $1,095,000 - $1,279,000
8
Beds
4
Baths
3,500
Sq Ft
$339/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Fireplace in Kitchen
- Wood Flooring
- Cope Middle School Rated A-
- Cathedral Ceiling
- Beamed Ceilings
About This Home
As of December 2022Property has gone threw a complete rehab. one unit can be delivered vacant or with Tennant
Last Agent to Sell the Property
Sean Williamson
THE REAL ESTATE GROUP License #01140241 Listed on: 10/06/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,300
Year Built
- Built in 1957 | Remodeled
Lot Details
- 0.27 Acre Lot
- 1 Common Wall
- Front and Back Yard Sprinklers
- Land Lease
Home Design
- Quadruplex
- Raised Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 3,500 Sq Ft Home
- Open Floorplan
- Beamed Ceilings
- Cathedral Ceiling
- Double Pane Windows
- ENERGY STAR Qualified Windows
- Insulated Windows
- Tinted Windows
- Window Screens
- Living Room with Fireplace
- Security Lights
Kitchen
- Gas Range
- Fireplace in Kitchen
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Cable TV Available
Additional Features
- Accessible Parking
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, insurance, telephone
- Tax Lot 18
- Tax Tract Number 4205
- Assessor Parcel Number 0171392120000
- $630 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,850
- Water Sewer Expense $3,600
- New Taxes Expense $7,500
- Operating Expense $14,150
- Gross Income $88,800
- Net Operating Income $74,650
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 6, 2022
Closed on
Nov 15, 2022
Sold by
Williamson Sean
Bought by
Sandeep K Thakkar And Ammie K Thakkar Living
Seller's Agent
Sean Williamson
THE REAL ESTATE GROUP
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$1,350,000
Sold Price
$1,125,000
Premium/Discount to List
-$225,000
-16.67%
Views
22
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
$62,000
Avg. Annual Appreciation
1.76%
Original Mortgage
$787,500
Outstanding Balance
$763,080
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$423,920
Purchase Details
Closed on
Aug 30, 2021
Sold by
Moorehead Gunn Jo Anne
Bought by
Gunn Leslie J
Purchase Details
Closed on
Jun 11, 2021
Sold by
Gunn Leslie J and Gunn Jo Anne
Bought by
Williamson Sean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 31, 2006
Sold by
Gunn Jo Anne
Bought by
Revocab Gunn Jo Anne Moorehead and Revocab Jo Anne Moorehead Gunn
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sandeep K Thakkar And Ammie K Thakkar Living | $1,125,000 | Lawyers Title | |
| Gunn Leslie J | -- | -- | |
| Williamson Sean | $850,000 | Lawyers Title Company | |
| Revocab Gunn Jo Anne Moorehead | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sandeep K Thakkar And Ammie K Thakkar Living | $787,500 | |
| Previous Owner | Williamson Sean | $680,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/19/2022 12/19/22 | Sold | $1,125,000 | -16.7% | $321 / Sq Ft |
| 10/24/2022 10/24/22 | For Sale | $1,350,000 | +20.0% | $386 / Sq Ft |
| 10/11/2022 10/11/22 | Off Market | $1,125,000 | -- | -- |
| 10/06/2022 10/06/22 | For Sale | $1,350,000 | -- | $386 / 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 | $13,604 | $1,170,450 | $291,312 | $879,138 |
| 2024 | $13,604 | $1,147,500 | $285,600 | $861,900 |
| 2023 | $13,589 | $1,125,000 | $280,000 | $845,000 |
| 2022 | $10,349 | $850,000 | $170,000 | $680,000 |
| 2021 | $2,657 | $202,618 | $41,028 | $161,590 |
| 2020 | $2,619 | $200,540 | $40,607 | $159,933 |
| 2019 | $2,548 | $196,608 | $39,811 | $156,797 |
| 2018 | $2,487 | $192,753 | $39,030 | $153,723 |
| 2017 | $2,467 | $188,974 | $38,265 | $150,709 |
| 2016 | $2,440 | $185,269 | $37,515 | $147,754 |
| 2015 | $2,423 | $182,486 | $36,951 | $145,535 |
| 2014 | $2,381 | $178,911 | $36,227 | $142,684 |
Source: Public Records
Agents Affiliated with this Home
-
-
Prashant Sampat
Buyer's Agent in 2022
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
7 in this area
219 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV22217017
APN: 0171-392-12
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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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