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$499,900

Beds
2
Baths
1.25
sq ft
1,092

716 W Lugonia Ave, Redlands, CA 92374

716 W Lugonia Ave

Redlands, CA 92374

  • 90 days on market
    • Price drop $25,100↓
PRICE REDUCTION!!! This a beautiful, fully renovated 1921 Craftsman home. Great for first time buyer who wants a turnkey home. The home has open porch for relaxing afternoons or morning coffee. Once in the front door, the large living room is complete with new flooring, paint and moldings while the fireplace still has original stone work and tile insets. The kitchen has been completely renovated with new cabinets, countertops and appliances. Also, has eat-in area with built in banquette and with the original hutch. Off the kitchen is full size indoor laundry room which leads to a covered back patio,backyard and detached two car garage. Back inside there is the two bedrooms completely renovated. The main bathroom is upgraded with new tub/shower combination and new cabinet. One bedroom has partial master suite with a renonvated powder room. The flooring in home is new and matches the home. The home also has a cellar for storage off the back of home. The electrical and plumbing have also been updated. Directly across the street from home is a community park for walks or relaxing. This home has all the charm without losing its 1921 character.

Details

Property type

Single Family Residence

Est. home value

$451,335

Lot size

4,485 sq ft

Price per sq ft

$458

Year built

1921

Price History

09/06/2024
CRMLS

CRMLS #CV24174244

Price change
$499,900
-4.78%
08/22/2024
CRMLS

CRMLS #CV24174244

Listed
$525,000
+14.38%
10/21/2022
CRMLS

CRMLS #EV22195441

Sold
$459,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park, Street Lights, Suburban

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

$21,890
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$438,018
Cash to seller
$21,890

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

October 2022

Original loan amount

$450,686

Est. remaining balance

$438,018

Interest rate

5.66%

Loan type

FHA, 30 year

Seller

Michael Thomas Dillon and Madelyn Mae Dillon

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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Manufactured

140 W Pioneer Ave Unit 108, Redlands, CA 92374

Status: Active

Tomo last checked: 11/19/2024 at 9:35 PM

Listing updated: 09/28/2024 at 1:31 AM

Listed by: Maribeth Kutsunai, JAMIL ALAM, BROKER Phone #: (626) 367-9329

MLS: CRMLS #CV24174244

CRMLS logo

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