615 Monterey Street, Redlands, California 92373, Redlands, 92373 - 4 bed, 2 bath
ACTIVE$699,000
615 Monterey Street, Redlands, California 92373
4Beds
2Baths
1,872Sqft
8,896Lot
Price Vs. Estimate
The estimated value ($699,000) is $0 (0%) lower than the list price ($699,000). This property may be overpriced.
Key pros and cons
Top Pros:
Energy Efficiency & Modern Tech: Equipped with owned solar panels, a Tesla Powerwall, and a 50-amp plug for RV or EV charging, offering significant energy savings and future-proof convenience.
Top Cons:
Recent Price Reduction: The property has seen a notable price reduction from its original list price, which could prompt questions from potential buyers regarding its initial market reception or perceived value.
Compared to the nearby listings
Price:$699.0K vs avg $822.0K ($-123,000)37%
Size:1,872 sqft vs avg 2,090 sqft41%
Price/sqft:$373 vs avg $38741%
More Insights
Built in 1955 (70 years old).
Condition: This 1955-built home is move-in ready with significant recent updates to major systems, including a brand-new central HVAC, a 5-year-old roof, owned solar panels, and a Tesla Powerwall. The bathroom features updated vanity and fixtures, though some flooring (like the terracotta-style tiles in the dining area and bathroom) appears dated. While there's no clear evidence of a full, recent kitchen renovation, the substantial investments in critical infrastructure and energy efficiency elevate its condition beyond 'Fair', making it a well-maintained property with minimal immediate renovation needs.
Year Built
1955
Close
-
List price
$699K
Original List price
$750K
Price/Sqft
$373
HOA
-
Days on market
-
Sold On
-
MLS number
IG25111250
Home ConditionGood
Features
Pool
Patio
View-
About this home
Charming mid-century home with exposed wood beams, open layout, and tons of natural light. Features include a sparkling pool, owned solar panels, Tesla Powerwall, and a 50-amp plug for RV or EV charging. Brand-new central HVAC with transferable warranty and a 5-year-old roof. Home is in a highly desirable area—location, location, location! Don't miss this opportunity.
Condition Rating
Good
This 1955-built home is move-in ready with significant recent updates to major systems, including a brand-new central HVAC, a 5-year-old roof, owned solar panels, and a Tesla Powerwall. The bathroom features updated vanity and fixtures, though some flooring (like the terracotta-style tiles in the dining area and bathroom) appears dated. While there's no clear evidence of a full, recent kitchen renovation, the substantial investments in critical infrastructure and energy efficiency elevate its condition beyond 'Fair', making it a well-maintained property with minimal immediate renovation needs.
Pros & Cons
Pros
Energy Efficiency & Modern Tech: Equipped with owned solar panels, a Tesla Powerwall, and a 50-amp plug for RV or EV charging, offering significant energy savings and future-proof convenience.
Recent Major Upgrades: Features a brand-new central HVAC system with a transferable warranty and a 5-year-old roof, minimizing immediate maintenance concerns for a new owner.
Desirable Location: Located in a highly sought-after area of Redlands, emphasizing strong market appeal and potential for appreciation.
Architectural Charm & Layout: A charming mid-century home boasting exposed wood beams, an open layout, and abundant natural light, providing unique character and a welcoming atmosphere.
Recreational Amenity: Includes a sparkling pool, enhancing outdoor living and offering a valuable recreational feature, particularly appealing in the California climate.
Cons
Recent Price Reduction: The property has seen a notable price reduction from its original list price, which could prompt questions from potential buyers regarding its initial market reception or perceived value.
Age of Property: Built in 1955, while charming, the home's age may suggest potential for older underlying infrastructure (e.g., plumbing, electrical) not explicitly updated, which could lead to future maintenance considerations.
Bathroom Count: With 4 bedrooms and 2 bathrooms, the bathroom-to-bedroom ratio might be less ideal for larger families or those accustomed to more modern bathroom parity.