246 E Fern 103, Redlands, California 92373, Redlands, 92373 - 2 bed, 2 bath
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246 E Fern 103
Redlands, California 92373
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,188Sq Ft
1,200Lot Size
Property Price
LIST PRICE$365,000
EST. MARKET VALUE
$354,616
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $390,000—positioned well above the $374,781 Fair Market Value by 4%. While the price reflects a premium, the property features a Condition Rating of 3, highlighted by Granite Kitchen Counters, Hardwood Floors, and Plantation Shutters. Located within walking distance to downtown Redlands, this unit offers a lifestyle-focused retreat with an Indoor Pool and Elevator Access. This property is an ideal fit for Owner-Occupants seeking a low-maintenance lifestyle or first-time buyers prioritizing location.
Estimated Market Value
$354,616
Based on Realkey algorithm analyzing recent comparable sales in Redlands.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 246 E Fern 103 Subject | $365,000* List Price | 2 | 2 | 1,188 | $298 | - |
A 254 E Fern 212 Sold | $380,000 | 2 | 2 | 1,188 | $320 | 0.1 mi |
B 246 E Fern Avenue 109 Sold | $420,000 | 3 | 2 | 1,486 | $283 | 0.0 mi |
C 525 La Verne Street Sold | $300,000 | 2 | 2 | 1,152 | $260 | 0.2 mi |
D 135 E Cypress Avenue Sold | $369,800 | 3 | 3 | 1,543 | $240 | 0.2 mi |
E 246 E Fern Active | $365,000 List Price | 2 | 2 | 1,188 | $307 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1980 but features significant updates including granite countertops in the kitchen and bathrooms, hardwood flooring, and new paint. The property is move-in ready and well-maintained, though popcorn ceilings remain as a dated element.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is situated within walking distance to downtown Redlands, offering exceptional convenience to local dining, shopping, and entertainment.
- Modern Interior Upgrades
The unit features high-quality finishes including hardwood flooring, granite countertops, and plantation shutters, providing a move-in-ready aesthetic.
- Comprehensive Community Amenities
Residents benefit from a gated environment with premium facilities including an indoor pool, tennis courts, elevator access, and rare trailer parking.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $590 is relatively high for this price point, which may impact the overall affordability and debt-to-income ratio for buyers.
- Building Age
Built in 1980, the complex may face higher long-term maintenance requirements or potential special assessments compared to newer developments.
About 246 E Fern 103
HUGE PRICE REDUCTION!!! Beautiful 2nd story gated condo Unit 103 is now available for you! Walking distance to downtown Redlands. This immaculate 2 bedroom and 2 bathroom end unit is located in the sought after Fernwood community. The gated community has a tennis court, an indoor pool and available trailer parking space. The building has an elevator to take you up to your lovely home. Beautiful hardwood floors, plantation shutters and new paint. Magnificent granite counters in the kitchen and bathrooms. Private balcony overlooking the grassy area and will be your quiet retreat. Two ground level garage assigned parking spaces are available. Come see this condo today and enjoy it!!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- 1,200 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $590.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.3 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,188 | 1,222.917 |
| Lot Size | 1,200 | 1,620.25 |
| Price | $365.0K | $413.1K |
| Price per sq ft | $307 | $313 |
| Built year | 1980 | 1980 |
| HOA | $590.0 | $479 |
| Days on market | 21 | 72 |
Pricing History
Listed for Sale
Aug 21, 2026
$365,000
$390,000
-6% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$390,000
Initial Listing
Sold
Jan 15, 2016
$227,000
Public Record
Sold
Jan 24, 2007
$263,000
Public Record
Sold
Sep 17, 2001
$97,000
Public Record