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525 La Verne Street, Redlands, California 92373, Redlands, 92373 - 2 bed, 2 bath

525 La Verne Street, Redlands, California 92373 home-pic-0
ACTIVE$340,000
525 La Verne Street, Redlands, California 92373
2Beds
2Baths
1,152Sqft
1,152Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Desirable Location: Located in desirable South Redlands, the condo offers convenient access to local shopping and dining, enhancing its appeal for residents seeking amenities nearby.
Top Cons:
High Association Fee: The monthly association fee of $519.19 is substantial, adding a significant recurring cost to homeownership.

Compared to the nearby listings

Price:$340.0K vs avg $419.4K ($-79,388.5)13%
Size:1,152 sqft vs avg 1,444 sqft13%
Price/sqft:$295 vs avg $31425%

More Insights

Built in 1965 (60 years old).
Condition: The property features a recently updated kitchen with modern appliances, granite countertops, and a stylish sink, along with new carpet upstairs and wood-style flooring throughout the main living areas. While the building was constructed in 1965, these significant updates make the home move-in ready. However, the bathrooms appear dated with older vanities, fixtures, and flooring, indicating that the property has not undergone a full, comprehensive renovation, aligning with the 'Good' score criteria.
Year Built
1965
Close
-
List price
$340K
Original List price
$375K
Price/Sqft
$295
HOA
$519.19
Days on market
-
Sold On
-
MLS number
IG25164630
Home ConditionGood
Features
Patio
View-

About this home

Welcome to this great 2-story condo located in desirable South Redlands. Offering 2 bedrooms and 1 1/2 bathrooms with 1,152 square feet of living space, this home features a spacious layout with both bedrooms conveniently located upstairs. The upstairs also features new carpet. The updated kitchen includes granite countertops, modern appliances, a stylish sink and the refrigerator is included. The open living area showcases tile and wood-style flooring throughout. Enjoy the convenience of indoor laundry with the stackable washer/dryer included. The large covered patio is perfect for relaxing or entertaining. The community offers great amenities such as a pool, common areas and carport parking space. Just minutes from local shopping and dining, this condo blends comfort, style, and location. Don’t miss your opportunity to make it yours.

Condition Rating
Good
The property features a recently updated kitchen with modern appliances, granite countertops, and a stylish sink, along with new carpet upstairs and wood-style flooring throughout the main living areas. While the building was constructed in 1965, these significant updates make the home move-in ready. However, the bathrooms appear dated with older vanities, fixtures, and flooring, indicating that the property has not undergone a full, comprehensive renovation, aligning with the 'Good' score criteria.
Pros & Cons

Pros

Desirable Location: Located in desirable South Redlands, the condo offers convenient access to local shopping and dining, enhancing its appeal for residents seeking amenities nearby.
Updated Kitchen: The kitchen has been updated with granite countertops, modern appliances, and a stylish sink, providing a contemporary and functional cooking space.
Included Appliances: The refrigerator, stackable washer, and dryer are all included, offering immediate move-in readiness and added value for buyers.
Community Amenities: Residents benefit from community amenities such as a pool, common areas, and a dedicated carport parking space, contributing to a comfortable lifestyle.
Recent Interior Upgrades: The property features new carpet upstairs and updated tile and wood-style flooring throughout the open living area, presenting a refreshed interior.

Cons

High Association Fee: The monthly association fee of $519.19 is substantial, adding a significant recurring cost to homeownership.
Extensive Price Reduction History: The property has undergone multiple price reductions from its original list price of $375,000 to $340,000, indicating potential market resistance or initial overpricing.
Lack of Scenic View: The property explicitly states 'view:None,' which may be a drawback for buyers prioritizing scenic outlooks or natural vistas.

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