tomo logo

$720,000

Beds
5
Baths
2.0
sq ft
2,000

1030 E Brockton Ave, Redlands, CA 92374

1030 E Brockton Ave

Redlands, CA 92374

  • 44 days on market
The opportunities are endless for buyers with creativity! Over $150,000+ recently spent to modernize this beautiful opportunity! Perfectly located just a few steps from the beautiful University of Redlands campus! Only a half mile walk to the University train station! Single story home set on a deep lot with room for two additional units! Zoned R-1D! This property also has a built-in bomb shelter in the back. Five room, two bath layout that feels spacious and open. Driving up, you’ll notice the low water landscaping set behind the classic Redlands cut stone curbs. This house impresses with recently updated paint, luxury vinyl plank flooring throughout, recently updated windows, and much more! The kitchen features the opportunity to be a common space for college students as a rental investment or can be moved to create the perfect single family home! The bathrooms are equipped with handicap accessibility. Plenty of space and endless opportunity! Behind the attached two car carport is a 500 square foot workshop and storage building with utilities/power accessible. Also an existing slab in the back ready for your creativity to build! There’s even a 220v outlet for charging your electric vehicle! The rear half of the property has space for an RV and boat, or can be built on for extra income (verify with city). Some photos have been virtually staged to show potential uses of space.

Details

Property type

Single Family Residence

Est. home value

$619,973

Lot size

8,850 sq ft

Price per sq ft

$360

Year built

1952

Price History

08/05/2024
CRMLS

CRMLS #EV24159798

Listed
$720,000
+23.5%
10/28/2021
CRMLS

CRMLS #TR21131554

Sold
$583,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Sidewalks

High school district: 

Redlands Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$95,844
Asking price
$720,000
Closing costs (~8% of asking)
-$57,600
Est. remaining loan balance
-$566,556
Cash to seller
$95,844

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

October 2021

Original loan amount

$603,988

Est. remaining balance

$566,556

Interest rate

2.88%

Loan type

VA, 30 year

Seller

Rachel L Hoffman

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/18/2024 at 4:35 PM

Listing updated: 08/13/2024 at 9:35 AM

Listed by: ELIJAH BLOOM, EXP REALTY OF SOUTHERN CA. INC Phone #: (888) 294-1415

MLS: CRMLS #EV24159798

CRMLS logo

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