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616 Monterey Street, Redlands, California 92373, Redlands, 92373 - 2 bed, 1 bath

616 Monterey Street, Redlands, California 92373 home-pic-0
ACTIVE$597,000$1,140/sqft
Est. Value: $555,316
-6%
AboveEstimate
616 Monterey Street, Redlands, California 92373
2Beds
1Bath
1,140Sqft
5,197Lot

Price Vs. Estimate

The estimated value ($555,315.99) is $41,684.01 (6%) lower than the list price ($597,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime South Redlands Location: Situated on a quiet street in desirable South Redlands, offering exceptional walkability to local amenities like Gerrards Market and Side Door Coffee.
Top Cons:
Single Bathroom: The property features only one full bathroom, which may be a limiting factor for larger households or those desiring more modern conveniences.

Compared to the nearby listings

Price:$597.0K vs avg $829.5K ($-232,500)11%
Size:1,140 sqft vs avg 2,193 sqft7%
Price/sqft:$524 vs avg $38192%

More Insights

Built in 1926 (100 years old).
Condition: Built in 1926, this home shows good maintenance for its age, featuring central heat and air and what appears to be an updated bathroom. However, the kitchen is significantly outdated with linoleum flooring, vintage cabinets, laminate countertops, and older appliances, requiring substantial cosmetic updates to meet current standards. The hardwood floors in other areas are a plus, but the kitchen's condition and the home's overall age without a comprehensive recent renovation place it in the 'Fair' category.
Year Built
1926
Close
-
List price
$597K
Original List price
$597K
Price/Sqft
$524
HOA
-
Days on market
-
Sold On
-
MLS number
IG26002950
Home ConditionFair
Features
View-

About this home

Single story, South Redlands Spanish Revival home with a detached garage on a quiet street. Built in 1926 and located just blocks from Gerrards Market and Side Door Coffee, this charming home is an excellent example of Redlands diverse architecture. You're greeted by a covered front patio that leads you into the living room with windows on two separate walls. A sizable kitchen with eat in dining and a pantry is opposite the two bedrooms. There is a full bathroom, and a large bonus room on the back of the home - perfect for a home office, play room, or possibly a third bedroom. The home has central heat and air. The lot is over 5000 square feet, and features both a detached garage and a sizable lawn. This is a very walkable location. Excellent Redlands Schools.

J
JOSEPH SHAW
Listing Agent

Price History

Date
Event
Price
08/16/93
Sold
$56,000
08/16/93
Sold
$132,000
Condition Rating
Fair
Built in 1926, this home shows good maintenance for its age, featuring central heat and air and what appears to be an updated bathroom. However, the kitchen is significantly outdated with linoleum flooring, vintage cabinets, laminate countertops, and older appliances, requiring substantial cosmetic updates to meet current standards. The hardwood floors in other areas are a plus, but the kitchen's condition and the home's overall age without a comprehensive recent renovation place it in the 'Fair' category.
Pros & Cons

Pros

Prime South Redlands Location: Situated on a quiet street in desirable South Redlands, offering exceptional walkability to local amenities like Gerrards Market and Side Door Coffee.
Historic Spanish Revival Charm: A well-preserved 1926 Spanish Revival home, showcasing unique architectural character and contributing to Redlands' diverse aesthetic.
Versatile Bonus Room: Features a spacious bonus room, providing flexible space ideal for a home office, playroom, or potential conversion into a third bedroom.
Excellent School District: Located within the highly-regarded Redlands Unified School District, a significant draw for families.
Essential Comforts & Outdoor Space: Equipped with central heating and air conditioning, a detached garage, and a sizable 5000+ sqft lot with a lawn.

Cons

Single Bathroom: The property features only one full bathroom, which may be a limiting factor for larger households or those desiring more modern conveniences.
Age-Related Considerations: Built in 1926, the home may require ongoing maintenance or updates to systems and finishes typical of properties of this vintage.
Limited Bedroom Count: Officially a two-bedroom residence, which could restrict the buyer pool seeking more bedrooms, despite the flexibility offered by the bonus room.
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