803 E Palm Avenue, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
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803 E Palm Avenue
Redlands, California 92374
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,501Sq Ft
6,400Lot Size
Property Price
LIST PRICE$529,000
EST. MARKET VALUE
$579,043
8% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $529,000—positioned well below the $579,043 Fair Market Value by 8%. This valuation gap offers $50,043 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a remodeled kitchen with granite countertops, new flooring, and a private backyard with a built-in BBQ. Located in the Ardmore Terrace community, it offers a low-maintenance lifestyle perfect for first-time buyers or owner-occupants seeking a move-in-ready home near historic Downtown Redlands.
Estimated Market Value
$579,043+$50,043 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 803 E Palm Avenue Subject 3 bd · 2 ba · 1,501 sqft · $386 | $529,000* List Price | 3 | 2 | 1,501 | $386 | - |
A 1055 Roosevelt Road Sold 3 bd · 2 ba · 1,405 sqft · $452 · 0.3 mi | $635,000 | 3 | 2 | 1,405 | $452 | 0.3 mi |
B 709 Bermuda Sold 3 bd · 1 ba · 1,654 sqft · $369 · 0.1 mi | $610,000 | 3 | 1 | 1,654 | $369 | 0.1 mi |
C 331 Lido Street Sold 3 bd · 2 ba · 1,723 sqft · $339 · 0.8 mi | $583,500 | 3 | 2 | 1,723 | $339 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1979, the home has undergone recent extensive renovations including new luxury vinyl plank flooring, fresh interior paint, and fully remodeled modern bathrooms. The kitchen is updated with granite countertops and stainless steel appliances, and the roof is relatively new (6 years old), meeting the criteria for a mint-condition, move-in-ready home.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Interior Upgrades
The home is in move-in-ready condition featuring luxury vinyl plank flooring, remodeled bathrooms, and a modern kitchen with granite countertops and stainless steel appliances.
- Prime South Redlands Location
Ideally situated just 1.5 miles from historic Downtown Redlands and within walking distance to major shopping centers, offering high convenience and lifestyle appeal.
- Low-Maintenance Community Living
The Ardmore Terrace HOA covers essential utilities like water and trash plus landscaping, while providing premium amenities including a pool, tennis courts, and RV parking.
CONSRISKS & DEFICIENCIES
- Recurring HOA Expenses
The $320 monthly association fee adds a significant fixed cost to the monthly budget, which may impact overall affordability for some buyers.
- Limited Private Outdoor Space
With a 6,400 sq. ft. lot in a managed community, the backyard space is relatively compact, which may not suit buyers prioritizing large, private garden areas.
About 803 E Palm Avenue
Beautifully updated, move-in-ready single-story detached home featuring 3 bedrooms, 2 bathrooms, and 1,501 sq. ft. of living space. The open floor plan offers vaulted ceilings, a cozy fireplace, and elegant wood shutters. Recent upgrades include new luxury vinyl plank flooring throughout, fresh interior paint, and gorgeous remodeled bathrooms. The timeless kitchen features white cabinetry, granite countertops, and stainless steel appliances, including the stove, dishwasher, microwave, and refrigerator. Sliding glass doors from both the kitchen and primary bedroom lead to a private backyard with a built-in BBQ, perfect for entertaining or relaxing. Additional highlights include an attached 2-car garage with direct access and a 50-year composition shingle roof installed approximately six years ago. Washer and dryer available for separate purchase. Located in the Ardmore Terrace community, HOA services include water, trash, and landscaping, plus a community pool, tennis courts, clubhouse, and available RV parking. Ideally situated in South Redlands, approximately half a mile from Albertsons, Starbucks, and shopping, and just 1.5 miles from historic Downtown Redlands, known for its restaurants, boutiques, and entertainment. Enjoy the convenience of low-maintenance living in a beautifully updated home with an exceptional location!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 6,400 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $320.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.6 |
| Square foot | 1,501 | 1,784.033 |
| Lot Size | 6,400 | 8,391.033 |
| Price | $529.0K | $673.7K |
| Price per sq ft | $352 | $379 |
| Built year | 1979 | 1981 |
| HOA | $320.0 | $142 |
| Days on market | 8 | 57 |
Pricing History
Listed for Sale
Oct 16, 2026
$529,000
Initial Listing