J
Seller's Agent in 2021
JESSE BLACK
Shaw Real Estate Brokers
(909) 798-1000
4 in this area
21 Total Sales
7 Parkwood Dr Redlands, CA 92373
South Redlands NeighborhoodEstimated Value: $486,000 - $600,000
10
Beds
9
Baths
882
Sq Ft
$633/Sq Ft
Est. Value
Highlights
- Golf Course Community
- No Units Above
- Craftsman Architecture
- Cope Middle School Rated A-
- All Bedrooms Downstairs
- 4-minute walk to Smiley Park
About This Home
As of December 2021Rare investment opportunity in the desirable Smiley Park Historic District of South Redlands! Properties include 4 duplexes and 1 single-family residence, most are currently being rented with tenants in place. These homes are conveniently located close to the Redlands Bowl, Smiley Library and walking distance to historic downtown Redlands. Addresses are 7 & 7 1/2 Parkwood, 11 & 15 Parkwood, 17 & 19 Parkwood, 21 Parkwood and 618 & 620 Glenwood. Absolutely do not disturb tenants!
Last Agent to Sell the Property
Shaw Real Estate Brokers License #02057012 Listed on: 11/16/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 6,250 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Front and Back Yard Sprinklers
- Density is 6-10 Units/Acre
- 0171-241-07-0000, 0171-241-06-0000, 0171-241-05-0000, 0171-222-09-0000
Parking
- 2 Car Garage
Home Design
- Craftsman Architecture
- Spanish Architecture
- Bungalow
- Property Attached
Interior Spaces
- 882 Sq Ft Home
- Gas Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 10 Bedrooms
- All Bedrooms Down
- 9 Bathrooms
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
Additional Features
- Fireplace in Patio
- Suburban Location
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 1994
- Assessor Parcel Number 0171241080000
- $162,098 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 9 Units
Recreation
- Golf Course Community
- Park
- Hiking Trails
- Bike Trail
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Insurance Expense $1,500
- Trash Expense $7,200
- Operating Expense $39,000
- Net Operating Income $91,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2021
Closed on
Dec 9, 2021
Sold by
Sheila M Field Trust and Foster Rick
Bought by
Maykov Incorporated
Seller's Agent
JESSE BLACK
Shaw Real Estate Brokers
Buyer's Agent
James Oronoz
Circa Properties, Inc.
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%
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
-$1,841,414
Avg. Annual Appreciation
-29.98%
Purchase Details
Closed on
Jul 14, 2011
Sold by
Field Sheila
Bought by
Field Sheila and Sheila M Field Trust
Purchase Details
Closed on
Oct 7, 2003
Sold by
Field Sheila
Bought by
Field Sheila and Sheila M Field Trust
Purchase Details
Closed on
Nov 15, 2001
Sold by
Olson Joan and Gonzales Joan
Bought by
Field Sheila M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.57%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maykov Incorporated | $2,400,000 | Fidelity National Title | |
| Field Sheila | -- | Fidelity National Title Co | |
| Field Sheila | -- | Fidelity National Title Co | |
| Field Sheila | -- | -- | |
| Field Sheila M | $120,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Field Sheila M | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2021 12/27/21 | Sold | $2,400,000 | -14.3% | $2,721 / Sq Ft |
| 12/03/2021 12/03/21 | Pending | -- | -- | -- |
| 11/16/2021 11/16/21 | For Sale | $2,800,000 | -- | $3,175 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,595 | $530,604 | $159,181 | $371,423 |
| 2024 | $6,156 | $520,200 | $156,060 | $364,140 |
| 2023 | $6,149 | $510,000 | $153,000 | $357,000 |
| 2022 | $6,060 | $500,000 | $150,000 | $350,000 |
| 2021 | $2,092 | $163,777 | $40,945 | $122,832 |
| 2020 | $2,061 | $162,098 | $40,525 | $121,573 |
| 2019 | $2,004 | $158,919 | $39,730 | $119,189 |
| 2018 | $1,955 | $155,803 | $38,951 | $116,852 |
| 2017 | $1,939 | $152,748 | $38,187 | $114,561 |
| 2016 | $1,917 | $149,753 | $37,438 | $112,315 |
| 2015 | $1,903 | $147,504 | $36,876 | $110,628 |
| 2014 | $1,869 | $144,615 | $36,154 | $108,461 |
Source: Public Records
Agents Affiliated with this Home
-
JESSE BLACK
-
James Oronoz
Buyer's Agent in 2021
James Oronoz
Circa Properties, Inc.
(714) 553-9073
3 in this area
62 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV21250062
APN: 0171-241-08
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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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