167 N Center Street, Redlands, California 92373, Redlands, 92373 - 1 bed, 1 bath
ACTIVE$149,900
167 N Center Street, Redlands, California 92373
1Bed
1Bath
671Sqft
1,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Recent Interior Upgrades: The property features new interior paint, hardwood floors, lighting, ceiling fan, garbage disposal, and updated bathroom fixtures, offering a fresh and move-in ready condition.
Top Cons:
Cash Only Requirement: The strict 'CASH ONLY' policy significantly limits the pool of potential buyers, as traditional financing is not permitted.
Compared to the nearby listings
Price:$149.9K vs avg $822.0K ($-672,100)1%
Size:671 sqft vs avg 2,090 sqft1%
Price/sqft:$223 vs avg $3871%
More Insights
Built in 1956 (69 years old).
Condition: Built in 1956, this property has received recent cosmetic updates including new interior paint, hardwood floors, and some bathroom fixtures (toilet, faucet, medicine cabinet). However, the kitchen features older, basic cabinets, laminate countertops, and a dated range, lacking modern appliances like a dishwasher. The bathroom, despite new fixtures, retains an older pedestal sink and tiled floor. Crucially, the property relies on wall heaters and window AC units, indicating a lack of central HVAC. While clean and functional, major components like the kitchen and HVAC systems are outdated, aligning with the 'Fair' condition criteria.
Year Built
1956
Close
-
List price
$150K
Original List price
$155K
Price/Sqft
$223
HOA
$600
Days on market
-
Sold On
-
MLS number
CV25199116
Home ConditionFair
Features
View-
About this home
BRAEMAR CO-OP COMMUNITY "CASH ONLY" "OWNER OCCUPANCY ONLY" "NO FINACING CASH ONLY" NEW INTERIOR PAINT, HARDWOOD FLOORS, NEW LIGHTING, NEW CIELING FAN, NEW GARBAGE DISPOSAL, NEW BATHROOM TOILET, FAUCET AND MEDICINE CABINET. PRICED TO SELL FAST!!!
Condition Rating
Fair
Built in 1956, this property has received recent cosmetic updates including new interior paint, hardwood floors, and some bathroom fixtures (toilet, faucet, medicine cabinet). However, the kitchen features older, basic cabinets, laminate countertops, and a dated range, lacking modern appliances like a dishwasher. The bathroom, despite new fixtures, retains an older pedestal sink and tiled floor. Crucially, the property relies on wall heaters and window AC units, indicating a lack of central HVAC. While clean and functional, major components like the kitchen and HVAC systems are outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Recent Interior Upgrades: The property features new interior paint, hardwood floors, lighting, ceiling fan, garbage disposal, and updated bathroom fixtures, offering a fresh and move-in ready condition.
Attractive Price Point: Listed at $149,900, this property offers a highly accessible entry point into the Redlands real estate market.
Recent Price Reduction: A recent price drop from $155,000 to $149,900 indicates a motivated seller and potential for a competitive offer.
Owner-Occupancy Community: The 'owner occupancy only' rule fosters a stable and engaged community environment, which can be desirable for long-term residents.
Co-op Community Benefits: As part of a co-op, residents may benefit from shared maintenance responsibilities and community amenities, simplifying certain aspects of homeownership.
Cons
Cash Only Requirement: The strict 'CASH ONLY' policy significantly limits the pool of potential buyers, as traditional financing is not permitted.
High Monthly Association Fee: A substantial $600 monthly association fee adds a significant ongoing cost to ownership, particularly for a 671 sqft unit.
Co-op Ownership Restrictions: The co-op structure, including 'owner occupancy only' and potential board approval processes, imposes limitations on ownership and future resale flexibility compared to traditional homeownership.