909 Stillman Avenue, Redlands, California 92374, Redlands, 92374 - bed, bath

909 Stillman Avenue, Redlands, California 92374 home-pic-0
ACTIVE$829,900
909 Stillman Avenue, Redlands, California 92374
0Bed
0Bath
2,571Sqft
8,400Lot

Price Vs. Estimate

The estimated value ($776,094.695) is $53,805.305 (6%) lower than the list price ($829,900). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Investment Opportunity: The property offers significant income potential with three established rental units: a 1-bed/1-bath unit ($1400/month), a 3-bed/2-bath unit ($2500/month) in the main house, and a separate 1-bed/1-bath guest house ($1725/month), totaling $5625 in monthly rent.
Top Cons:
Main House Cooling System Ambiguity: While the rear home has a new AC condenser, the description does not explicitly state if the main 1910 Craftsman house is equipped with a modern cooling system, which could be a significant comfort issue in Redlands' climate.

Compared to the nearby listings

Price:$829.9K vs avg $602.5K (+$227,400)93%
Size:2,571 sqft vs avg 1,648 sqft87%
Price/sqft:$323 vs avg $35727%

More Insights

Built in 1910 (115 years old).
Condition: This historic 1910 Craftsman home, while retaining much of its original charm, benefits from significant recent functional upgrades. The description highlights a roof that is only 3 years old, a tankless water heater, new windows, and a new kitchen counter in the main house, along with a new AC condenser and windows in the rear home. These are major system updates that align with the 'Good' criteria of systems being well-maintained and within their expected lifespan, and some components being updated within 5-15 years. While the main kitchen features older white appliances and a dated tile backsplash, it has a new counter and appears functional and clean. The main bathrooms are vintage in style with clawfoot tubs and hexagonal floor tiles, but are also clean and well-maintained. The guest house kitchen and bathroom appear more recently updated, particularly the bathroom with its tiled shower and modern vanity. The property is move-in ready and currently generating rental income, indicating its functional condition. It does not qualify as 'Excellent' due to the dated aesthetic of the main kitchen and bathrooms, but the extensive recent functional updates prevent it from falling into the 'Fair' category, which typically implies older renovations (15-30 years ago) or more significant cosmetic needs.
Year Built
1910
Close
-
List price
$830K
Original List price
$969K
Price/Sqft
$323
HOA
-
Days on market
-
Sold On
-
MLS number
IV24115271
Home ConditionGood
Features
ViewNeighborhood

About this home

TWO HOMES ON A LOT!! This home has so much charm and charachter, it makes no sense its still available! Incredible investment opportunity in Redlands to own this Historic 1910 Craftsman Home with a guest house! This is an extraordinary chance to own a piece of Redlands history with this stunning 1910 Craftsman home, complete with a second home in the back. This remarkable property combines early 20th-century architecture with modern conveniences. The home welcomes you with beautifully designed, low-maintenance landscaping, equiped with auto sprinklers throughout. Imagine enjoying relaxing evenings on the large front porch, perfect for watching sunsets or sipping morning coffee. Inside you will find plenty of natural light, highlighting original hardwood floors, coffered beamed ceilings, and vintage built-ins. Every corner reveals a delightful surprise, including pocket doors and two separate stairways leading to the second floor. This home includes many modern upgrades such as a tankless water heater, a roof that is only 3 years old (rear home too), and a new kitchen counter, new windows, etc. The rear home features new windows and a new AC condenser, providing comfort and efficiency. Ample parking is available, with space for four cars plus a one-car garage. Now I said this home has options. The main home front door area has been subtly remodeled to create two rental units. The upstairs unit is a 1 bed, 1 bath, renting for $1400 per month, while the main floor unit, is a 3 bed, 2 bath, and renting for $2500 per month. And, the home in back , is a 1 bed, 1 bath with a kitchen is renting for $1725 per month. So..... its up to you! You can easily convert the home back to its original glory as a primary residence and put the mother-inlaw or student in the back home. Or continue to use it as a rental property. The choice is yours! Located within walking distance to the University of Redlands, and just minutes away from Redlands' famous restaurants, fine dining, and boutiques. This home is a testament to craftsmanship and charm, offering an exceptional opportunity in a fantastic community. Whether you're looking for a unique primary residence or a promising investment property, this Redlands gem is worth exploring.

Condition Rating
Good

This historic 1910 Craftsman home, while retaining much of its original charm, benefits from significant recent functional upgrades. The description highlights a roof that is only 3 years old, a tankless water heater, new windows, and a new kitchen counter in the main house, along with a new AC condenser and windows in the rear home. These are major system updates that align with the 'Good' criteria of systems being well-maintained and within their expected lifespan, and some components being updated within 5-15 years. While the main kitchen features older white appliances and a dated tile backsplash, it has a new counter and appears functional and clean. The main bathrooms are vintage in style with clawfoot tubs and hexagonal floor tiles, but are also clean and well-maintained. The guest house kitchen and bathroom appear more recently updated, particularly the bathroom with its tiled shower and modern vanity. The property is move-in ready and currently generating rental income, indicating its functional condition. It does not qualify as 'Excellent' due to the dated aesthetic of the main kitchen and bathrooms, but the extensive recent functional updates prevent it from falling into the 'Fair' category, which typically implies older renovations (15-30 years ago) or more significant cosmetic needs.
Pros & Cons

Pros

Exceptional Investment Opportunity: The property offers significant income potential with three established rental units: a 1-bed/1-bath unit ($1400/month), a 3-bed/2-bath unit ($2500/month) in the main house, and a separate 1-bed/1-bath guest house ($1725/month), totaling $5625 in monthly rent.
Historic Craftsman Charm: This 1910 Craftsman home retains much of its original character, featuring hardwood floors, coffered beamed ceilings, vintage built-ins, pocket doors, and a large front porch, appealing to buyers seeking historical architecture.
Versatile Multi-Unit Configuration: The property includes 'two homes on a lot' with the main house subtly divided into two rental units and a separate guest house, providing flexibility for owner-occupancy with income, multi-generational living, or a full rental portfolio.
Strategic Location: Located within walking distance to the University of Redlands and minutes from downtown Redlands' vibrant restaurants, fine dining, and boutiques, enhancing its appeal to both residents and renters.
Recent Key Upgrades: The property benefits from modern updates including a tankless water heater, a 3-year-old roof (on both homes), new kitchen counter, new windows, and a new AC condenser in the rear home, reducing immediate maintenance concerns.

Cons

Main House Cooling System Ambiguity: While the rear home has a new AC condenser, the description does not explicitly state if the main 1910 Craftsman house is equipped with a modern cooling system, which could be a significant comfort issue in Redlands' climate.
Potential Reconversion Costs: The main house has been 'subtly remodeled to create two rental units.' Reverting it 'back to its original glory as a primary residence' may involve unforeseen costs and effort to undo the current rental unit modifications.
Age-Related Maintenance: Despite recent upgrades, a 1910 property inherently carries a higher potential for ongoing maintenance and repair costs related to its age, including plumbing, electrical, and foundation systems not explicitly detailed as fully updated.

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