tomo logo

$850,000

Beds
3
Baths
2.5
sq ft
1,808

1226 W Olive Ave, Redlands, CA 92373

1226 W Olive Ave

Redlands, CA 92373

  • 2 days on market
Experience timeless charm with this beautifully remodeled Victorian-style home located in the highly sought-after Redlands area. This 3-bedroom, 2-bath gem boasts stunning wooden floors, fresh interior paint, and a bonus office room perfect for work or study. The property features central air and heating for year-round comfort and sits on a generously sized lot adorned with fruit trees and impeccably manicured landscaping. A newly installed electric gate with remote access opens to a long driveway, offering plenty of extra parking space. Relax and unwind on the spacious wraparound porch, ideal for enjoying serene evenings. Conveniently located near top-rated Redlands schools, shopping centers, and churches, and with easy access to the 10 freeway, this home offers both style and convenience. Don’t miss the opportunity to own this exquisite blend of vintage elegance and modern upgrades!

Details

Property type

Single Family Residence

Est. home value

$726,282

Lot size

0.3303 acres

Price per sq ft

$471

Year built

1930

HOA

No

Price History

11/18/2024
CRMLS

CRMLS #IV24236132

Listed
$850,000
+13.33%
03/08/2023
CRMLS

CRMLS #EV22253730

Sold
$750,000
+40.19%
05/17/2022
CRMLS

CRMLS #EV21219151

Sold
$535,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

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

$243,174
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$538,826
Cash to seller
$243,174

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

Seller’s Loan History

Lender

Nations Lending Corp

Loan start date

March 2023

Original loan amount

$550,000

Est. remaining balance

$538,826

Interest rate

6.15%

Loan type

New Conventional, 30 year

Seller

Mar Chez

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?

Status: Active

Tomo last checked: 11/19/2024 at 5:20 PM

Listing updated: 11/19/2024 at 6:25 AM

Listed by: RUDY PADILLA, H & R REALTY Phone #: (909) 877-0847

MLS: CRMLS #IV24236132

CRMLS logo

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