tomo logo

$647,000

Beds
2
Baths
1.5
sq ft
1,370

524 W Fern Ave, Redlands, CA 92373

524 W Fern Ave

Redlands, CA 92373

  • 9 days on market
Charming single story home with a detached two car garage in the heart of South Redlands' Smiley Park Historic District. Built in 1939, this two bedroom home is located right between Olive Ave Market and Gerrards Market, just two blocks from both! It's also less than one mile to the Redlands Bowl, the Lincoln Shrine, McKinley Elementary School and Cope Middle School. Upon entering the large front living room, you are greeted by beautiful hardwood floors, covered in natural light from the dual pane windows. A dining room features french doors that open up to the covered patio. The adjacent kitchen with a breakfast booth has an attached laundry room, and another exterior door that leads into the gated backyard. There are two spacious bedrooms, one with an attached full bathroom. An additional half bath is located off the laundry room. The detached two car garage is a very generous size. Excellent Redlands Schools.

Details

Property type

Single Family Residence

Est. home value

$598,925

Lot size

7,440 sq ft

Price per sq ft

$473

Year built

1939

HOA

No

Price History

12/13/2024
CRMLS

CRMLS #IG24247897

Listed
$647,000
+4.86%
07/27/2023
CRMLS

CRMLS #EV23013330

Sold
$617,000

Schools & Community

Elementary school: 

McKinley

Middle school: 

Cope

High school: 

Redlands

Community features: 

Street Lights, Suburban, 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

$140,073
Asking price
$647,000
Closing costs (~8% of asking)
-$51,760
Est. remaining loan balance
-$455,167
Cash to seller
$140,073

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

Seller’s Loan History

Lender

Zb Na

Loan start date

July 2023

Original loan amount

$462,750

Est. remaining balance

$455,167

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Christopher James Cullom and Blythe Cullom

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: 12/22/2024 at 2:45 AM

Listing updated: 12/18/2024 at 10:05 PM

Listed by: JOSEPH SHAW, Shaw Real Estate Brokers Phone #: (909) 798-1000

MLS: CRMLS #IG24247897

CRMLS logo

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