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1427 Laramie, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath

1427 Laramie, Redlands, California 92374 home-pic-0
ACTIVE$575,000
1427 Laramie, Redlands, California 92374
3Beds
2Baths
1,324Sqft
8,424Lot

Price Vs. Estimate

The estimated value ($575,000) is $0 (0%) lower than the list price ($575,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8424, living area = 1324.
Top Cons:
Older Construction Year: Built in 1960, while extensively remodeled, the underlying structure's age may raise questions about original plumbing, electrical, or other systems not explicitly mentioned as updated.

Compared to the nearby listings

Price:$575.0K vs avg $600.0K ($-25,000)42%
Size:1,324 sqft vs avg 1,648 sqft29%
Price/sqft:$434 vs avg $35975%

More Insights

Built in 1960 (65 years old).
Condition: This property has undergone a recent and extensive renovation, as highlighted by the 'brand-new central AC unit, new HVAC ductwork, attic insulation, and tankless water heater.' The kitchen features sleek quartz countertops, modern white shaker cabinets with black hardware, stainless steel appliances, and recessed lighting. Both bathrooms are fully updated with modern vanities, dark countertops, contemporary fixtures, and tiled showers/tubs. Modern vinyl flooring is present in common areas, and bedrooms have new-looking carpets. The overall condition, style, and features meet current quality standards, making it a virtually new interior despite the 1960 build year, aligning with the 'extensively renovated within 5 years' criteria.
Year Built
1960
Close
-
List price
$575K
Original List price
$585K
Price/Sqft
$434
HOA
-
Days on market
-
Sold On
-
MLS number
PW25220603
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Welcome to this beautifully remodeled three-bedroom, two-bathroom turnkey home in the highly sought-after University of Redlands area. Offering over 1,300 sq. ft. of living space, this residence combines modern updates with comfort and convenience. Step inside to find a bright, open layout filled with natural light. The spacious family room features a cozy fireplace, perfect for gatherings and relaxation. The kitchen boasts sleek quartz countertops and plenty of cabinet space, creating a stylish and functional heart of the home. Modern vinyl flooring flows seamlessly throughout common areas. Additional upgrades include a brand-new central AC unit, new HVAC ductwork, attic insulation and tankless water heater. The large lot offers RV parking and a spacious backyard with endless potential for entertaining, gardening, or future expansion. Conveniently located near schools, shopping, parks, and freeway access, this home provides both comfort and accessibility. Move-in ready and thoughtfully updated, this property is a perfect blend of style, functionality, and charm.

Condition Rating
Excellent
This property has undergone a recent and extensive renovation, as highlighted by the 'brand-new central AC unit, new HVAC ductwork, attic insulation, and tankless water heater.' The kitchen features sleek quartz countertops, modern white shaker cabinets with black hardware, stainless steel appliances, and recessed lighting. Both bathrooms are fully updated with modern vanities, dark countertops, contemporary fixtures, and tiled showers/tubs. Modern vinyl flooring is present in common areas, and bedrooms have new-looking carpets. The overall condition, style, and features meet current quality standards, making it a virtually new interior despite the 1960 build year, aligning with the 'extensively renovated within 5 years' criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8424, living area = 1324.
Extensive Modern Remodel: The home is beautifully remodeled and turnkey, featuring a brand-new central AC unit, new HVAC ductwork, attic insulation, tankless water heater, modern vinyl flooring, and a kitchen with sleek quartz countertops.
Desirable Location: Situated in the highly sought-after University of Redlands area, offering convenient access to schools, shopping, parks, and freeway access.
Functional Layout: Features a bright, open layout filled with natural light and a spacious family room with a cozy fireplace, ideal for gatherings and relaxation.
Large Lot with RV Parking: The property boasts a large lot that includes dedicated RV parking, providing significant utility and flexibility for homeowners.
Move-in Ready Condition: Described as 'move-in ready' and 'thoughtfully updated,' minimizing immediate expenses and effort for new owners.

Cons

Older Construction Year: Built in 1960, while extensively remodeled, the underlying structure's age may raise questions about original plumbing, electrical, or other systems not explicitly mentioned as updated.
Multiple Price Reductions: The property has undergone several price reductions, from an initial $615,000 to the current $575,000, which could indicate overpricing or a lack of strong buyer interest at previous price points.
Undeveloped Backyard Potential: The 'spacious backyard with endless potential' suggests it may currently be a blank canvas requiring significant investment in landscaping or hardscaping to realize its full outdoor living potential.

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