101 E Cypress Avenue, Redlands, California 92373, Redlands, 92373 - 3 bed, 3 bath

101 E Cypress Avenue, Redlands, California 92373 home-pic-0
ACTIVE$449,000
101 E Cypress Avenue, Redlands, California 92373
3Beds
3Baths
1,504Sqft
1,504Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location: Situated in downtown Redlands, offering convenient access to schools, dining, shopping, and freeway, enhancing desirability and potential for appreciation.
Top Cons:
High Monthly HOA Dues: The $532.15 monthly association fee is substantial and adds a significant recurring cost to homeownership, even with water and trash included.

Compared to the nearby listings

Price:$449.0K vs avg $425.4K (+$23,611.5)54%
Size:1,504 sqft vs avg 1,444 sqft58%
Price/sqft:$299 vs avg $31429%

More Insights

Built in 1965 (60 years old).
Condition: The property, built in 1965, has undergone significant upgrades, including new dual-paned windows and a central air/AC and heating system, indicating recent investment in major systems. The kitchen and bathrooms feature newer cabinetry and are clean and functional, making the home move-in ready. While the kitchen's black appliances, mosaic backsplash, and laminate-style countertops, along with the basic fiberglass shower in the bathrooms, suggest that these updates are likely 10-15 years old rather than brand new, they are well-maintained and do not require immediate renovation. The overall condition aligns with a 'Good' rating, as major systems are updated and functional, even if some aesthetic elements are not cutting-edge modern.
Year Built
1965
Close
-
List price
$449K
Original List price
$479K
Price/Sqft
$299
HOA
$532.15
Days on market
-
Sold On
-
MLS number
IG25108422
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

3 BEDROOMS IN SOUTH REDLANDS DOWNTOWN REDLANDS UNDER 500K. Amazing, Highly upgraded Townhouse close to schools, dining, shopping, and freeway access. This 3 bedroom, 2 and a half bath unit features ceramic tile flooring on the ground level and carpet on second floor. The kitchen and baths are updated with newer cabinetry, Kitchen has a built in pantry, newer cabinetry and ceiling fans in living and family rooms. There are also new dual paned windows and central air/AC and heating system. Finally enjoy the outdoor living under the covered patio off the kitchen/dining area that leads to the sparkling, gated, community swimming pool. Don't miss the chance to own a piece of downtown Redlands. Covered parking space is assigned to unit. HOA includes water and trash. Some photos have been digitally staged

Condition Rating
Good

The property, built in 1965, has undergone significant upgrades, including new dual-paned windows and a central air/AC and heating system, indicating recent investment in major systems. The kitchen and bathrooms feature newer cabinetry and are clean and functional, making the home move-in ready. While the kitchen's black appliances, mosaic backsplash, and laminate-style countertops, along with the basic fiberglass shower in the bathrooms, suggest that these updates are likely 10-15 years old rather than brand new, they are well-maintained and do not require immediate renovation. The overall condition aligns with a 'Good' rating, as major systems are updated and functional, even if some aesthetic elements are not cutting-edge modern.
Pros & Cons

Pros

Prime Location: Situated in downtown Redlands, offering convenient access to schools, dining, shopping, and freeway, enhancing desirability and potential for appreciation.
Extensive Upgrades: The unit boasts highly upgraded kitchen and baths with newer cabinetry, new dual-paned windows, and a central air/AC and heating system, reducing immediate renovation needs.
Community Amenities: Residents can enjoy a sparkling, gated community swimming pool and a private covered patio, providing valuable recreational and outdoor living options.
Affordable Price Point: Listed under $500,000 for a 3-bedroom unit in a desirable area, with a recent price reduction from $479,000 to $449,000, presenting a competitive value.
HOA Inclusions: The HOA fee covers water and trash, simplifying utility management and potentially reducing monthly out-of-pocket expenses for the owner.

Cons

High Monthly HOA Dues: The $532.15 monthly association fee is substantial and adds a significant recurring cost to homeownership, even with water and trash included.
Older Construction: Built in 1965, the property's age, despite recent upgrades, may raise concerns for some buyers regarding potential long-term maintenance or structural issues.
Limited Private Outdoor Space: As a townhouse with a lot size matching the unit's square footage, private outdoor living space is likely minimal, relying heavily on shared community amenities.

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