517 Walnut Ave

Redlands, CA 92373

$779,000
Last Sold Price
3
Beds
3
Baths
1,379 Sq. Ft.
$565 / Sq. Ft.
1,379
Sq. Ft.
$565
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 8/10/23
Closed 8/10/23
a view of a house with a yard

Description

Welcome home to this south Redlands gem! The 3 bedroom, 2 bath, 1379 sq ft main home has been newly remodeled to include new doors and windows, open kitchen with large granite island, indoor laundry, 2 brand new bathrooms with dual master shower, new interior paint with exterior stucco and trim. The spacious .25 acre lot includes a partially finished structure, currently being utilized as a shed with city permits in process to convert to a 1 bedroom, 1 bath detached ADU with 722 sq ft of living space...Welcome home to this south Redlands gem! The 3 bedroom, 2 bath, 1379 sq ft main home has been newly remodeled to include new doors and windows, open kitchen with large granite island, indoor laundry, 2 brand new bathrooms with dual master shower, new interior paint with exterior stucco and trim. The spacious .25 acre lot includes a partially finished structure, currently being utilized as a shed with city permits in process to convert to a 1 bedroom, 1 bath detached ADU with 722 sq ft of living space and 228 sq ft of loft storage space. Full engineering plans will be included for the new owners to finish the structure as desired. The expansive backyard was completely reimagined with thoughtfully manicured landscape and hardscape to create the ultimate sanctuary experience! The private oasis includes multiple seating and entertaining areas, covered patio, gas fire pit and gourmet outdoor California kitchen. Experience peace and tranquility with nature close to home in the certified wildlife habitat and wildflower garden. Grow your own fruits and vegetables in the fully irrigated planter with established fruit bearing trees (Orange, Avocado, Lime, Lemon and Loquat). The spacious two car garage is insulated and includes an AC unit for those hot summer days. The front driveway was completely redone to include extra parking space with new main line waste and water supply ran to the house and cleanouts. A new redwood fence was installed to add privacy to the entire property surrounded by hedges for the ultimate privacy. Desirably located on a quiet street in Redlands Historical District and a short walk to Prospect Park and Gerrards Market. Located in an excellent Redlands unified school district with access to Kimberly Elementary School, Cope Middle School and Redlands High School all within walking distance. This unique and full of opportunity turnkey home is a must see and won't last long!
  1. Listed by BETHANY SLOAN • DRE #02050595 • Brokerage DRE #01920715 • REGIONCY REAL ESTATE

Property Details for 517 Walnut Avenue

Architectural Style
Mid Century Modern, Traditional
View
City Lights, Mountain(s), Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
Central
Total Units
2.0
Building Type
Detached
Lot Size Source
Appraiser
LISTING UPDATED: 08/10/2023 11:40 AM

Property Details for 517 Walnut Avenue

StatusClosed
MLS #EV23068369
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Single Family Residence
Year Built1959
Lot Size0.25 AC / 10,800 SF
CountySan Bernardino County
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Location

Listing Courtesy of REGIONCY REAL ESTATE, BETHANY SLOAN, DRE #02050595

Sold By REDFIN, VERUSHKA POLANCO, DRE #01348437

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Building Information for 517 Walnut Avenue

Stories1Residences-Year Built1959Building Size-Lot Size0.25 AC / 10,800 SF

Payment Calculator

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$4,611 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,797

Property Taxes

$814

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 517 Walnut Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $50,521
  • Gross Scheduled Income: $66,000
  • Net Operating Income: $50,521
  • Gross Multiplier: 12.86
  • Cap Rate: 5.95
  • Financing: Conventional
Expense Details
  • Operating Expense: $15,479
  • New Taxes Expense: $10,462
  • Gardener Expense: $2,400
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,237
  • Trash Expense: $480
  • Water Sewer Expense: $900
  • Total Expenses: $15,479
Tax / Assessment Info
  • Tax Block: 23
  • Tax Tract Number: 82.02
  • Tax Census Tract: 82.02
  • CFD/Mello-Roos Fee: $1,156
  • Tax Lot: 18
Community / Development
Community / Development
  • Accessibility Features: 36 Inch Or More Wide Halls, Customized Wheelchair Accessible, Disability Features, Ramp - Main Level
  • Disability Access: 36 inch or more wide halls, DisabilityAccess, Ramp - Main Level
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Dog Park, Foothills, Hiking, Park, Preserve/Public Land, Suburban
Property / Structure Info
Interior Features
  • Appliances: Barbecue, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Cooktop, Ice Maker, Range Hood, Refrigerator, Tankless Water Heater, Water Line to Refrigerator
  • Equipment: Barbeque, Dishwasher, Dryer, Dryer Included, Ice Maker, Inside, Refrigerator, Washer, Washer Included, Water Line to Refrigerator
  • Interior Features: Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage
  • Room Type: All Bedrooms Down, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite
  • Bedroom Features: All Bedrooms Down, Master Bedroom, Master Suite
  • Water Heater Features: Tankless
  • Laundry: Yes
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Door Features: French Doors
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows, Plantation Shutters
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Exterior Features: Barbecue Private, Lighting
  • Roof: Shingle
  • Entry Location: Front
  • Fence: Yes
  • Fence: Redwood
  • Fencing: Redwood
  • Foundation Details: Slab
  • Other Structures: Shed(s), Storage, Workshop
  • View Description: City Lights
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Lawn, Park Nearby, Patio Home, Secluded, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Treed Lot, Up Slope from Street, Utilities - Overhead, Yard
  • Lot Location: Preserve/Public Land, Park Nearby, Patio Home
  • Direction Faces: North
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Driveway, Garage
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
  • Parking Features: Driveway, Concrete, Garage
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number With Dishwasher: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Number With Carpet: 1
  • Number With Disposal: 1
  • Number With Patio: 2

Property History for 517 Walnut Avenue

DateEvent & SourcePriceAppreciation
Aug 10, 2023

Sold

CRMLS #EV23068369

$779,000—
Aug 10, 2023

Sold

SDMLS #EV23068369

$779,000—
Aug 10, 2023

Sold

CLAW #EV23068369MR

$779,000—
Jul 2, 2023

Sold (Public Record)

Public Record #1516499948

$779,000

+12.4% / yr

Jun 26, 2023

Price Change

CLAW #EV23068369MR

$789,000—
Jun 26, 2023

Pending

SDMLS #EV23068369

—
Jun 26, 2023

Pending

CLAW #EV23068369MR

—
Jun 26, 2023

Accepting Backup Offers

CRMLS #EV23068369

—
Jun 26, 2023

Accepting Backup Offers

CLAW #EV23068369MR

—
May 1, 2023

Withdrawn / Cancelled

CRMLS #EV23068369

—
May 1, 2023

Withdrawn / Cancelled

CLAW #EV23068369MR

—
Apr 23, 2023

Listed (Active)

CRMLS #EV23068369

$849,000—
Apr 21, 2023

Listed (Active)

SDMLS #EV23068369

$849,000—
Apr 21, 2023

Listed (Active)

CLAW #EV23068369MR

$849,000—
Feb 6, 2023

Expired

CRMLS #EV22208994

$719,000—
Feb 5, 2023

Expired

CLAW #EV22208994MR

$719,000—
Dec 26, 2022

Withdrawn / Cancelled

CRMLS #EV22208994

—
Dec 26, 2022

Withdrawn / Cancelled

CLAW #EV22208994MR

—
Dec 26, 2022

Expired

SDMLS #EV22208994

$719,000—
Nov 20, 2022

Price Change

CLAW #EV22208994MR

$749,000—
Nov 20, 2022

Price Change

CRMLS #EV22208994

$749,000—
Nov 13, 2022

Price Change

CLAW #EV22208994MR

$799,000—
Nov 13, 2022

Price Change

CRMLS #EV22208994

$799,000—
Oct 31, 2022

Price Change

CLAW #EV22208994MR

$829,000—
Oct 2, 2022

Listed (Active)

CLAW #EV22208994MR

$849,000—
Oct 2, 2022

Listed (Active)

CRMLS #EV22208994

$849,000—
Sep 18, 2022

Listed (Active)

SDMLS #EV22208994

$849,000—
Jun 8, 2018

Sold

CRMLS #EV18092703

$430,000—
Jun 8, 2018

Sold

CLAW #EV18092703MR

$430,000—
Jun 5, 2018

Sold (Public Record)

Public Record #623512358

$430,000—
Jun 5, 2018

Sold (Public Record)

Public Record #1289584343

$430,000—
May 17, 2018

Pending

CLAW #EV18092703MR

—
May 17, 2018

Pending

CRMLS #EV18092703

—
May 13, 2018

Listed (Active)

CLAW #EV18092703MR

$420,000—
May 13, 2018

Listed (Active)

CRMLS #EV18092703

$420,000—
DateEvent & SourcePrice
08/10/2023

Sold

CRMLS #EV23068369

$779,000
08/10/2023

Sold

SDMLS #EV23068369

$779,000
08/10/2023

Sold

CLAW #EV23068369MR

$779,000
07/02/2023

Sold (Public Record)

Public Record #1516499948

$779,000

+12.4% / yr

06/26/2023

Price Change

CLAW #EV23068369MR

$789,000
06/26/2023

Pending

SDMLS #EV23068369

—
06/26/2023

Pending

CLAW #EV23068369MR

—
06/26/2023

Accepting Backup Offers

CRMLS #EV23068369

—
06/26/2023

Accepting Backup Offers

CLAW #EV23068369MR

—
05/01/2023

Withdrawn / Cancelled

CRMLS #EV23068369

—
05/01/2023

Withdrawn / Cancelled

CLAW #EV23068369MR

—
04/23/2023

Listed (Active)

CRMLS #EV23068369

$849,000
04/21/2023

Listed (Active)

SDMLS #EV23068369

$849,000
04/21/2023

Listed (Active)

CLAW #EV23068369MR

$849,000
02/06/2023

Expired

CRMLS #EV22208994

$719,000
02/05/2023

Expired

CLAW #EV22208994MR

$719,000
12/26/2022

Withdrawn / Cancelled

CRMLS #EV22208994

—
12/26/2022

Withdrawn / Cancelled

CLAW #EV22208994MR

—
12/26/2022

Expired

SDMLS #EV22208994

$719,000
11/20/2022

Price Change

CLAW #EV22208994MR

$749,000
11/20/2022

Price Change

CRMLS #EV22208994

$749,000
11/13/2022

Price Change

CLAW #EV22208994MR

$799,000
11/13/2022

Price Change

CRMLS #EV22208994

$799,000
10/31/2022

Price Change

CLAW #EV22208994MR

$829,000
10/02/2022

Listed (Active)

CLAW #EV22208994MR

$849,000
10/02/2022

Listed (Active)

CRMLS #EV22208994

$849,000
09/18/2022

Listed (Active)

SDMLS #EV22208994

$849,000
06/08/2018

Sold

CRMLS #EV18092703

$430,000
06/08/2018

Sold

CLAW #EV18092703MR

$430,000
06/05/2018

Sold (Public Record)

Public Record #623512358

$430,000
06/05/2018

Sold (Public Record)

Public Record #1289584343

$430,000
05/17/2018

Pending

CLAW #EV18092703MR

—
05/17/2018

Pending

CRMLS #EV18092703

—
05/13/2018

Listed (Active)

CLAW #EV18092703MR

$420,000
05/13/2018

Listed (Active)

CRMLS #EV18092703

$420,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 517 Walnut Avenue

Taxable ValueLand$238,374Additions$556,206Total$794,580
Tax Record2025$9,767 ($814 / month)
Home Facts
Beds3Total Finished SqFt1,342 SqFtAbove Grade Finished SqFt1,342 SqFtStories1Lot Size10,800 SqFtStyleSingle Family ResidenceYear Built1959CountySAN BERNARDINOAPN0173-213-08-0000Fireplace TypeHas Fireplace

Schools near 517 Walnut Avenue

This home is within Redlands Unified School District.
Rating
School
Type
Grades
Distance
Kingsbury Elementary School
Public - K to 5
Cope Middle School
Public - 6 to 8
Redlands Senior High School
Public - 9 to 12
Redlands Eacademy
Public - K to 12
Rating
School
Distance
Kingsbury Elementary School
PublicK to 5

Cope Middle School
Public6 to 8

Redlands Senior High School
Public9 to 12

Redlands Eacademy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REGIONCY REAL ESTATE, BETHANY SLOAN, DRE #02050595

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.