NOT LISTED FOR SALE

9 E Fern Ave Redlands, CA 92373

South Redlands Neighborhood

Estimated Value: $876,540 - $1,063,000

5 Beds
4 Baths
2,508 Sq Ft
$383/Sq Ft Est. Value

Last Sold June 06, 2018

Last sale price $615,000 $245 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,658/month

11 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Gentle Sloping Lot
  • Cope Middle School Rated A-

About This Home

As of June 2018

** 4 Units on this lot ** The perfect location for your new income properties!!! Within walking distance from all of down town Redlands but still in a quiet area. This property has 4 units on it that are currently occupied by great tenants. The two bedroom is above the garages and has a birds eye view of the property. I once personally lived in this unit and really enjoyed it. The bedrooms are a good size and there is a laundry room on the ground level for the two bedroom.
The other three units are one bedroom one bath units and also have a very private feel. Two of them have one common wall and the unit closest to Fern Avenue is detached and sits on its own. These units have had consistant occupants over the last 10 years. If one becomes available it fills quickly. Every unit has exposed wood beam ceilings that make them feel much larger then they actually are and really add to the charm of the entire property.

Last Agent to Sell the Property

Adam Hart

RE/MAX ADVANTAGE License #01982466 Listed on: 04/13/2018

RE/MAX ADVANTAGE

Co-Listed By

ERIN HART

RE/MAX ADVANTAGE License #01466253

Last Buyer's Agent

Nathan Diones

REGIONCY REAL ESTATE License #01767311

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,000 Sq Ft Lot
  • 1 Common Wall
  • Gentle Sloping Lot
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • 2,508 Sq Ft Home
  • Split Level Home
  • Quadruplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 82
  • Assessor Parcel Number 0171371200000

Community Details

Overview

  • 3 Buildings

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $42,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

8,000 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0171371200000
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Multi/Split
  • Price Per Square Foot: 245.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Yard
  • Lot Size Sq Ft: 8000.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 42900.00
  • Gross Scheduled Income: 3575.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 82.00
  • Tax Lot: 13
  • Tax Tract Number: 82.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Choi Michael
Bought by
Kcmc Realty Llc
Current Estimated Value
$959,385

Purchase Details

Closed on
Oct 3, 2019
Sold by
Choi Michael
Bought by
Choi Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,700
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 3, 2018
Sold by
Ruff William John
Bought by
Choi Michael and Choi Michael Hojoon
Seller's Agent
Adam Hart
RE/MAX ADVANTAGE
Buyer's Agent
Nathan Diones
REGIONCY REAL ESTATE
List Price
$550,000
Sold Price
$615,000
Premium/Discount to List
$65,000
11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$480,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2008
Sold by
Ruff William J and Ruff Marilyn D
Bought by
Ruff William John and Ruff Marilyn Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2008
Sold by
Sampson Ruth M
Bought by
Ruff William J and Ruff Marilyn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kcmc Realty Llc -- None Available
Choi Michael -- Provident Title Company
Choi Michael $615,000 Fidelity National Title Co
Choi Michael -- Fidelity National Title Ie
Ruff William John -- None Available
Ruff William J $500,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Michael $477,700
Previous Owner Choi Michael $480,000
Previous Owner Ruff William J $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2018 06/06/18 Sold $615,000 0.0% $245 / Sq Ft
04/30/2018 04/30/18 Price Changed $615,000 +11.8% $245 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $550,000 -- $219 / 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 $8,762 $699,766 $142,229 $557,537
2024 $8,184 $686,045 $139,440 $546,605
2023 $8,174 $672,593 $136,706 $535,887
2022 $8,057 $659,404 $134,025 $525,379
2021 $8,203 $646,474 $131,397 $515,077
2020 $8,082 $639,846 $130,050 $509,796
2019 $7,857 $627,300 $127,500 $499,800
2018 $7,199 $577,205 $92,353 $484,852
2017 $6,492 $513,700 $136,900 $376,800
2016 $5,817 $455,400 $121,400 $334,000
2015 $5,382 $417,400 $111,300 $306,100
2014 $4,703 $363,000 $96,800 $266,200
Source: Public Records

Agents Affiliated with this Home

  • Adam Hart

    Seller's Agent in 2018

    Adam Hart

    RE/MAX

    (909) 633-8428

    1 in this area

    28 Total Sales

    Adam Hart
    Section Image

  • E

    Seller Co-Listing Agent in 2018

    ERIN HART

    RE/MAX

    (909) 307-5665

    1 in this area

    24 Total Sales

    ERIN HART
    Section Image
  • Nathan Diones

    Buyer's Agent in 2018

    Nathan Diones

    REGIONCY REAL ESTATE

    (909) 709-3781

    1 in this area

    20 Total Sales

    Nathan Diones
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18085432

California Regional Multiple Listing Service (CRMLS)

APN: 0171-371-20

California San Bernardino County Redlands 92373 South Redlands

9 E Fern Ave, Redlands, CA

Not Listed for Sale

MultiFamily

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