Seller's Agent in 2018
Jacob Abeelen
T.N.G. Real Estate Consultants
(714) 394-3084
105 Total Sales
722 E State St Redlands, CA 92374
Downtown Redlands NeighborhoodEstimated Value: $540,755 - $1,011,000
1
Bed
3
Baths
1,350
Sq Ft
$556/Sq Ft
Est. Value
Highlights
- No Units Above
- All Bedrooms Downstairs
- Lawn
- Redlands Senior High School Rated A
- Wood Flooring
- No HOA
About This Home
As of June 2018Welcome to 722 E. State Street! This charming 3 unit victorian is a perfect investment to add to your portfolio or a first time investor. This is a well-positioned triplex located within blocks to charming downtown Redlands, minutes to University of Redlands, and adjacent to Redlands High School. This building has very little turnover and easy to rent out. The unit mix consists of TWO (2) studios/1 bath and ONE(1) 1 bedroom/1 bath. The front studio has refinished hardwood floors, new kitchen cabinets with granite counter tops, new tile in both kitchen and bath, new interior paint throughout. The back studio has new laminate flooring throughout and recently upgraded bath. The 1 bedroom unit has updated bamboo flooring and newer interior paint throughout. There is room for parking in the rear of the property for each unit. The city of Redlands has many surrounding amenities and a high demand for renters. This property is very easy to manage and maintain.
Last Agent to Sell the Property
T.N.G. Real Estate Consultants License #01973535 Listed on: 04/30/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 4,760 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Landscaped
- Rectangular Lot
- Level Lot
- Front Yard Sprinklers
- Sprinklers on Timer
- Lawn
Home Design
- Triplex
- Raised Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,350 Sq Ft Home
- Ceiling Fan
- Living Room
- Neighborhood Views
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- All Bedrooms Down
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 15
- Tax Tract Number 9594
- Assessor Parcel Number 0171089120000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $1,898
- Water Sewer Expense $1,317
- New Taxes Expense $2,510
- Operating Expense $6,325
- Gross Income $28,745
- Net Operating Income $22,420
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2018
Closed on
May 6, 2018
Sold by
Gold West Properties Inc
Bought by
Rice Russell and Rice Sandra
Seller's Agent
Jacob Abeelen
T.N.G. Real Estate Consultants
Buyer's Agent
Sandra Rice
Better Homes & Gardens R.E. Champions
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%
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
$399,939
Avg. Annual Appreciation
10.67%
Purchase Details
Listed on
Mar 31, 2016
Closed on
Nov 2, 2016
Sold by
Ditt Troy Christopher
Bought by
Gold West Properties Inc
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$145,000
Interest Rate
3.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 26, 2011
Sold by
Ditt Troy Christopher
Bought by
Ditt Troy Christopher
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.98%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 16, 2011
Sold by
Ditt Troy Christopher
Bought by
Ditt Troy Christopher and Ditt Shannon Elizabeth
Purchase Details
Closed on
Dec 28, 1999
Sold by
Baker Lita
Bought by
Baker Florence
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.5%
Purchase Details
Closed on
Dec 17, 1999
Sold by
Ditt Shannon E
Bought by
Ditt Troy C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.5%
Purchase Details
Closed on
Dec 8, 1999
Sold by
Baker Florence
Bought by
Ditt Troy C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.5%
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 |
|---|---|---|---|
| Rice Russell | $350,000 | First American Title Company | |
| Gold West Properties Inc | $285,000 | Stewart Title Of Ca Inc | |
| Ditt Troy Christopher | -- | Accommodation | |
| Ditt Troy Christopher | -- | None Available | |
| Baker Florence | -- | Gateway Title Company | |
| Baker Florence | -- | Gateway Title Company | |
| Ditt Troy C | -- | Gateway Title Company | |
| Ditt Troy C | $80,000 | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gold West Properties Inc | $145,000 | |
| Previous Owner | Ditt Troy Christopher | $105,000 | |
| Previous Owner | Ditt Troy C | $64,000 | |
| Closed | Ditt Troy C | $8,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2018 06/18/18 | Sold | $350,000 | 0.0% | $259 / Sq Ft | |
| 05/02/2018 05/02/18 | Pending | -- | -- | -- | |
| 04/30/2018 04/30/18 | For Sale | $349,900 | +22.8% | $259 / Sq Ft | |
| 12/21/2016 12/21/16 | Sold | $285,000 | -4.7% | $211 / Sq Ft | View Prior Sale |
| 11/30/2016 11/30/16 | Price Changed | $299,000 | 0.0% | $221 / Sq Ft | |
| 11/30/2016 11/30/16 | For Sale | $299,000 | -3.5% | $221 / Sq Ft | |
| 11/03/2016 11/03/16 | Pending | -- | -- | -- | |
| 09/16/2016 09/16/16 | Price Changed | $310,000 | -5.8% | $230 / Sq Ft | |
| 03/31/2016 03/31/16 | For Sale | $329,000 | -- | $244 / 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 | $4,681 | $398,240 | $108,093 | $290,147 |
| 2024 | $4,681 | $390,432 | $105,974 | $284,458 |
| 2023 | $4,676 | $382,776 | $103,896 | $278,880 |
| 2022 | $4,609 | $375,271 | $101,859 | $273,412 |
| 2021 | $4,692 | $367,913 | $99,862 | $268,051 |
| 2020 | $4,623 | $364,140 | $98,838 | $265,302 |
| 2019 | $4,495 | $357,000 | $96,900 | $260,100 |
| 2018 | $3,658 | $290,700 | $86,700 | $204,000 |
| 2017 | $3,628 | $105,947 | $39,730 | $66,217 |
| 2016 | $1,393 | $103,870 | $38,951 | $64,919 |
| 2015 | $1,384 | $102,310 | $38,366 | $63,944 |
| 2014 | $1,360 | $100,305 | $37,614 | $62,691 |
Source: Public Records
Agents Affiliated with this Home
-
Jacob Abeelen
-
James Oronoz
Seller Co-Listing Agent in 2018
James Oronoz
Circa Properties, Inc.
(714) 553-9073
63 Total Sales
-
Sandra Rice
Buyer's Agent in 2018
Sandra Rice
Better Homes & Gardens R.E. Champions
(909) 708-7347
21 Total Sales
-
Nathan Diones
Seller's Agent in 2016
Nathan Diones
REGIONCY REAL ESTATE
(909) 709-3781
25 Total Sales
-
O
Buyer's Agent in 2016
Out of Area Out of Area
Out of Area
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18098051
APN: 0171-089-12
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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