607 E Palm Avenue, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
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Redlands, California 92374
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $510,000—positioned above the $458,842 Fair Market Value. While priced at a premium, the property offers a Good Condition Rating with a 2017 kitchen renovation and a recent ADA-accessible primary bath remodel. Located in the Redlands Unified School District, this home features private walled courtyards and proximity to essential amenities. It serves as a stable, low-maintenance lifestyle choice for Owner-Occupants or first-time buyers seeking a move-in ready residence in a prime South Redlands location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 607 E Palm Avenue Subject | $510,000* List Price | 3 | 2 | 1,341 | $342 | - |
A 635 E Palm Avenue Sold | $499,900 | 3 | 3 | 1,474 | $339 | 0.1 mi |
B 1200 E Highland Avenue 207 Sold | $417,500 | 2 | 3 | 1,394 | $299 | 0.6 mi |
C 1200 E Highland 404 Sold | $445,000 | 2 | 3 | 1,490 | $299 | 0.7 mi |
D 1032 Ardmore Circle Active | $525,000 List Price | 3 | 2 | 1,362 | $385 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1973, the property is in turnkey condition with significant updates. The kitchen was fully renovated in 2017 (7 years ago) and the primary bathroom was remodeled 1.5 years ago. With brand-new paint and carpet, the home is move-in ready, though the kitchen age (5-15y range) and original 1970s systems/structure align best with the 'Good' classification.
The property is move-in ready with significant upgrades, including a fully renovated kitchen, a recently remodeled ADA-accessible primary bathroom, and brand-new paint and carpeting throughout.
Ideally situated within walking distance to major shopping and dining like Panera and Albertsons, the home also offers easy freeway access and proximity to highly-rated schools.
The unique layout features both front and rear enclosed courtyards, providing rare private outdoor spaces for gardening and entertaining that extend the functional living area.
The $375 monthly HOA fee represents a significant recurring carrying cost that may impact the overall affordability for budget-conscious buyers.
Built in 1973, the property is part of an older development, which may present long-term maintenance challenges or future assessments for common area components compared to newer builds.
Turnkey single story, South Redlands 3-bedroom, 2-bathroom townhome in Palm Terrace Villas with an attached two car garage. Great location - a stones throw from Albertsons Market, Ace Hardware, and Panera Bread. Freeway close as well, and just minutes from Downtown Redlands. The entire interior features a brand-new coat of neutral paint paired with freshly installed carpets throughout, providing a clean canvas for any design style. The kitchen was fully renovated in 2017, optimizing storage space, and counter functionality. The primary bathroom underwent a complete top-to-bottom remodel a year and a half ago, featuring a walk in shower designed for a wheelchair with tile to the ceiling, wide doorways, and a stylish vanity with great storage space. The layout wraps around enclosed front and rear walled patio courtyards. These private outdoor spaces act as extensions of the living area, creating a seamless transition for morning coffee, container gardening, or alfresco entertaining. The windows look out to lush exterior landscaping that is maintained by the association. Excellent Redlands Schools.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,341 | 1,288 |
| Lot Size | 1,341 | 1,644 |
| Price | $510.0K | $413.4K |
| Price per sq ft | $380 | $311 |
| Built year | 1973 | 1981 |
| HOA | $375.0 | $528 |
| Days on market | 26 | 79 |
Jun 26, 2026
$510,000
Initial Listing
Jun 30, 2017
$284,000
Public Record
Nov 14, 2012
$192,000
Public Record
Nov 14, 2012
$192,000
Public Record
Jul 10, 2000
$107,000
Public Record