NOT LISTED FOR SALE

Estimated Value: $468,000 - $611,000

3 Beds
2.5 Baths
1,474 Sq Ft
$361/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $449,999 $305 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,617/month

86 Days on Market

Highlights

  • In Ground Pool
  • Pool View
  • Central Heating and Cooling System
  • Redlands Senior High School Rated A
  • Laundry Room
  • 2 Car Garage

About This Home

As of July 2022

**PRICE IMPROVEMENT**
Welcome to Palm Terrace Villas in Redlands! This community is immaculately maintained as well as this townhouse. Conveniently located approx. 7 miles from LLUMC. This 3 bedroom 2.5 bath home has been all freshly painted and is in excellent condition. Enjoy cozy, yet spacious downstairs living areas with a living room, quarter bath and an adorable kitchen complete with granite countertops and pristine cabinets. Upstairs the master bedroom has a walk in closet and its own bathroom. There's an additional bathroom upstairs for the other two bedrooms to share. Closets and cabinetry through the townhome create plentiful storage and the washer and dryer are thoughtfully stored behind beautiful bifold doors. The 2 detached car garage has direct access to your spacious, private patio and into your home. Not a fan of yard work? Enjoy easy living as the association grounds and community pool are all maintained for you. VA & FHA welcome!!

Last Agent to Sell the Property

Allison West-Ferguson

RE/MAX ADVANTAGE License #01439577 Listed on: 04/12/2022

RE/MAX ADVANTAGE

Last Buyer's Agent

RONNIE ALLINIECE

SHOP AROUND REAL ESTATE License #01915434

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,437

Year Built

  • Built in 1973

Lot Details

  • 1,474 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Planned Development

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Pool Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • In Ground Pool
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 8506
  • Assessor Parcel Number 0173431100000

Community Details

Overview

  • 48 Units
  • Palm Terrace Villas Association, Phone Number (714) 891-8804
  • Interpacific Mgmt HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,437

Year Built

Built in 1973

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 0173431100000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1474.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 305.29
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Pool
  • Pool Features: Association, Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 340.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace VIllas
  • Phone: 714-891-8804
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Suburban
  • Association Management: Interpacific Mgmt

Schools

  • School District: Redlands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1474.00
  • Lot Size Acres: 0.0338

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1474.0000 Square Feet
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Census Tract: 84.03
  • Tax Lot: 15
  • Tax Tract Number: 8506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jul 13, 2022
Sold by
Marie Reyes Josie
Bought by
Lozano Juan A
Seller's Agent
Allison West-Ferguson
RE/MAX ADVANTAGE
Buyer's Agent
RONNIE ALLINIECE
SHOP AROUND REAL ESTATE
List Price
$499,000
Sold Price
$449,999
Premium/Discount to List
-$49,001
-9.82%
Current Estimated Value
$532,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,661
Avg. Annual Appreciation
5.41%
Original Mortgage
$441,848
Outstanding Balance
$420,874
Interest Rate
5.23%
Mortgage Type
FHA
Estimated Equity
$111,786

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 25, 2016
Sold by
Hopkins Brian C and Hopkins Kristin
Bought by
Reyes Josie Marie
Seller's Agent
Mark Edwards
PATRICIA HICKS, REALTOR
Buyer's Agent
Allison West-Ferguson
RE/MAX ADVANTAGE
List Price
$259,900
Sold Price
$259,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$207,920
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2015
Closed on
Oct 6, 2015
Sold by
Calderon Geraldine J and Marjorie J Arndt Revocable Tru
Bought by
Hopkins Brian C and Hopkins Kristin
Seller's Agent
PATRICIA HICKS
PATRICIA HICKS, REALTOR
Buyer's Agent
Kristin Hopkins
PATRICIA HICKS, REALTOR
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
204.39%

Purchase Details

Closed on
Oct 5, 2000
Sold by
Davis Kenneth Wayne
Bought by
Arndt Marjorie J and Fisher Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.96%

Purchase Details

Closed on
May 19, 1999
Sold by
Steblay Philip A and Steblay Trust #88
Bought by
Davis Kenneth Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,005
Interest Rate
6.9%
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
Lozano Juan A $450,000 Chicago Title
Reyes Josie Marie $260,000 Fidelity National Title Co
Hopkins Brian C $180,000 Fidelity National Title Co
Arndt Marjorie J $136,000 Lawyers Title Company
Davis Kenneth Wayne $118,000 Fidelity National Title Ins
Davis Kenneth Wayne -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lozano Juan A $441,848
Previous Owner Reyes Josie Marie $207,920
Previous Owner Arndt Marjorie J $136,000
Previous Owner Davis Kenneth Wayne $108,005
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $449,999 0.0% $305 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/18/2022 06/18/22 Price Changed $449,999 -6.3% $305 / Sq Ft
05/02/2022 05/02/22 Price Changed $479,999 -3.8% $326 / Sq Ft
04/12/2022 04/12/22 For Sale $499,000 0.0% $339 / Sq Ft
10/22/2019 10/22/19 Rented $1,950 0.0% --
10/11/2019 10/11/19 Under Contract -- -- --
10/03/2019 10/03/19 For Rent $1,950 0.0% --
03/01/2016 03/01/16 Sold $259,900 0.0% $176 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $259,900 +44.4% $176 / Sq Ft
11/03/2015 11/03/15 Sold $180,000 -7.7% $122 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
06/05/2015 06/05/15 For Sale $195,000 -- $132 / 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 $5,437 $468,179 $140,454 $327,725
2024 $5,437 $458,999 $137,700 $321,299
2023 $5,431 $449,999 $135,000 $314,999
2022 $3,533 $289,922 $86,976 $202,946
2021 $3,597 $284,238 $85,271 $198,967
2020 $3,544 $281,324 $84,397 $196,927
2019 $3,445 $275,808 $82,742 $193,066
2018 $3,360 $270,400 $81,120 $189,280
2017 $3,331 $265,098 $79,529 $185,569
2016 $2,295 $180,000 $50,000 $130,000
2015 $2,193 $170,514 $42,630 $127,884
2014 $2,154 $167,174 $41,795 $125,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22069344

California Regional Multiple Listing Service (CRMLS)

APN: 0173-431-10