Seller's Agent in 2013
Kim Suman
Corcoran Group of California Inc.
(909) 714-7916
6 Total Sales
626 W Olive Ave Redlands, CA 92373
South Redlands Neighborhood
--
Bed
--
Bath
--
Sq Ft
1.49
Acre Lot
Highlights
- All Bedrooms Downstairs
- 1.49 Acre Lot
- Corner Lot
- Cope Middle School Rated A-
- Wood Flooring
- Private Yard
About This Home
As of January 2013Price Reduction!!! Seller Motivated!!! Once-in-a-life-time opportunity to acquire seventeen classic units on three lots (approx 1.4 acres) in the heart of historic south-side Redlands - includes all the buildings from Center to Michigan on W. Olive (610-634 W. Olive; 127 Center & 132 Michigan. APN 171-231-27,30 & 31). Buildings with names are the original names from when, at the turn of the last century these were “Winter Bungalows”. Each building is unique. Some more contemporary (built more recently). Most from turn of the last century, with: Fireplaces, hardwood floors; formal dining rooms; roll-under beds (that are desks when rolled in); built-in hutches; large closets; sun porches; patios and front porches. Some with original ceiling treatments, ice boxes and well preserved hexagonal floor tile. Once-upon-a-time guest enjoyed the mild Redland’s winters while lawn bowling on the broad green lawns. Carport were likely for horse drawn carriages. Rents are ridiculously low for such a quality and unique place to live. Absolutely do not disturb tenants. Drive by only. Call listing office for complete package and detailed unit descriptions. (One studio probably not legal. Expenses are estimated).
Last Agent to Sell the Property
Corcoran Group of California Inc. License #01437996 Listed on: 11/01/2012
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 1.49 Acre Lot
- Landscaped
- Corner Lot
- Rectangular Lot
- Level Lot
- Private Yard
- Lawn
- Front Yard
Home Design
- Bungalow
- Composition Roof
Interior Spaces
- All Bedrooms Down
- Living Room with Fireplace
- Laundry in unit
Flooring
- Wood
- Tile
Parking
- 22 Parking Spaces
- 14 Carport Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
Listing and Financial Details
- Tax Lot 6, 7
- Tax Tract Number 82
- Assessor Parcel Number 0171231310000
Community Details
Overview
- No Home Owners Association
- 10 Buildings
- 17 Units
Amenities
- Laundry Facilities
Building Details
- 17 Leased Units
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $1
- Insurance Expense $1
- Maintenance Expense $1
- Professional Management Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- New Taxes Expense $1
- Gross Income $17,270
- Net Operating Income $145,068
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2012
Closed on
Jan 3, 2013
Sold by
Bought by
Seller's Agent
Kim Suman
Corcoran Group of California Inc.
Buyer's Agent
Daniel Corcoran
Corcoran Group of California Inc.
List Price
$1,950,000
Sold Price
$1,300,000
Premium/Discount to List
-$650,000
-33.33%
Purchase Details
Closed on
Dec 28, 2009
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,300,000 | First American Title Company | ||
| -- | None Available |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2013 01/31/13 | Sold | $1,300,000 | -33.3% | -- |
| 01/05/2013 01/05/13 | Pending | -- | -- | -- |
| 08/24/2012 08/24/12 | For Sale | $1,950,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,761 | $849,686 | $252,443 | $597,243 |
| 2024 | $10,059 | $833,025 | $247,493 | $585,532 |
| 2023 | $10,047 | $816,691 | $242,640 | $574,051 |
| 2022 | $9,905 | $800,677 | $237,882 | $562,795 |
| 2021 | $10,082 | $784,978 | $233,218 | $551,760 |
| 2020 | $9,935 | $776,929 | $230,827 | $546,102 |
| 2019 | $9,662 | $761,695 | $226,301 | $535,394 |
| 2018 | $9,426 | $746,760 | $221,864 | $524,896 |
| 2017 | $9,348 | $732,118 | $217,514 | $514,604 |
| 2016 | $9,245 | $717,763 | $213,249 | $504,514 |
| 2015 | $9,178 | $706,982 | $210,046 | $496,936 |
| 2014 | $9,015 | $693,133 | $205,931 | $487,202 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Suman
-
Daniel Corcoran
D
Buyer's Agent in 2013
Daniel Corcoran
Corcoran Group of California Inc.
(310) 435-9106
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: E12106562
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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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