NOT LISTED FOR SALE

651 E Palm Ave Redlands, CA 92374

South Redlands Neighborhood

Estimated Value: $469,000 - $510,000

3 Beds
2 Baths
1,341 Sq Ft
$300/mo HOA Fee

Last Sold April 22, 2014

Last sale price $220,000 $164 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,103/month

45 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Contemporary Architecture
  • Redlands Senior High School Rated A
  • Clubhouse
  • L-Shaped Dining Room

About This Home

As of April 2014

Updated condo in great location in Palm Terrace Village. 3 Bedrooms, 2 Baths, 1341 sq. ft. Open floor plan. New hardwood flooring in large living room, dining room, kitchen, hall and bathrooms. Home is freshly painted, fireplace with electronic ignition in living room, new vertical blinds, raised panel doors. Kitchen overlooks private patio in front of home. Dining area has wet bar and overhead cabinets for entertaining. 2 car garage, Tile roof and additional patio area off living room. Location is only steps from the pool and clubhouse. Corner lot in complex with it's own driveway. Nicely maintained complex convenient to shopping, schools, and downtown Redlands.

Last Agent to Sell the Property

Mickey Butler

CENTURY 21 LOIS LAUER REALTY License #00791782 Listed on: 02/04/2014

CENTURY 21 LOIS LAUER REALTY

Last Buyer's Agent

Maryhelen Merrett

THE REAL ESTATE GROUP License #01180693

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 1 Common Wall
  • East Facing Home
  • Block Wall Fence

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Panel Doors
  • Entryway
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dressing Area
  • Mirrored Closets Doors

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Private Pool
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 8506
  • Assessor Parcel Number 0173441120000

Community Details

Overview

  • 48 Units
  • Palm Terrace Association
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Palm Terrace Village
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 0173441120000
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1341.00
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Panel Doors
  • Eating Area: Area, Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 164.06
  • Room Type: All Bedrooms Down, Dressing Area, Entry, Living Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Free-Standing Range, Disposal, Gas Water Heater, Microwave
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Dues Paid Monthly, Pool
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Terrace
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Greenbelt

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 48
  • Number Of Units Total: 48

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 8506

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2024
Sold by
Chang William K and Chang Sook J
Bought by
Chang William K and Chang Sook J
Current Estimated Value
$486,234

Purchase Details

Closed on
Jan 26, 2016
Sold by
Chang William K
Bought by
Chang William K and Chang Sook J

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 20, 2014
Sold by
Chang Elizabeth M
Bought by
Chang William K
Seller's Agent
Mickey Butler
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Maryhelen Merrett
THE REAL ESTATE GROUP
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$143,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 19, 2014
Sold by
Brekke Randy Sue and The Charlotte E Brekke Revocab
Bought by
Chang William K
Seller's Agent
Mickey Butler
CENTURY 21 LOIS LAUER REALTY
Buyer's Agent
Maryhelen Merrett
THE REAL ESTATE GROUP
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2008
Sold by
Brekke Charlotte E
Bought by
Brekke Randy Sue and Brekke Revocable L Charlotte E

Purchase Details

Closed on
Dec 2, 1993
Sold by
Brekke Charlotte E
Bought by
Brekke Charlotte E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chang William K -- None Listed On Document
Chang William K -- None Available
Chang William K -- Ticor Title Company
Chang William K $220,000 Ticor Title Company
Brekke Randy Sue -- None Available
Brekke Charlotte E -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang William K $143,000
Previous Owner Brekke Charlotte E $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2014 04/22/14 Sold $220,000 -8.3% $164 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $240,000 -- $179 / 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 $3,069 $269,689 $80,907 $188,782
2024 $3,069 $264,401 $79,321 $185,080
2023 $3,064 $259,217 $77,766 $181,451
2022 $3,018 $254,134 $76,241 $177,893
2021 $3,072 $249,151 $74,746 $174,405
2020 $3,025 $246,597 $73,980 $172,617
2019 $2,939 $241,761 $72,529 $169,232
2018 $2,865 $237,021 $71,107 $165,914
2017 $2,839 $232,374 $69,713 $162,661
2016 $2,893 $227,818 $68,346 $159,472
2015 $2,872 $224,396 $67,319 $157,077
2014 $1,472 $120,091 $25,859 $94,232
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mickey Butler

    CENTURY 21 LOIS LAUER REALTY

    Section Image
  • Maryhelen Merrett

    Buyer's Agent in 2014

    Maryhelen Merrett

    THE REAL ESTATE GROUP

    (909) 528-0755

    4 in this area

    29 Total Sales

    Maryhelen Merrett
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14025585

California Regional Multiple Listing Service (CRMLS)

APN: 0173-441-12

California San Bernardino County Redlands 92374 South Redlands

651 E Palm Ave, Redlands, CA

Not Listed for Sale

Condos

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