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503 Hidalgo Avenue

503 Hidalgo Avenue, Redlands, CA 92374
Sold Jun 17, 2020
$381,000
$374,099 by Loandepot.com Llc
Mortgage Due Jul 01, 2050
Sold Jan 31, 2020
$253,000
503 Hidalgo Avenue has been categorized by the local assessors in Redlands, CA as a residential type of property. The building on the property was first built in 1970 and is 54 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 503 Hidalgo Avenue has 1,240 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,010 ft and across the front of the lot is 710 ft. The area measurement of the land has been determined as 7,171 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 500 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 503 Hidalgo Avenue sold most recently in May 19, 2020 for a total of $381,000. If you work out the math, that's approximately a cost of $218.97 per sqft. Before that, the property was also sold for $253,000 in Jan 7, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,769 in taxes each year. The initial year of tax delinquency occurred in 2020. 503 Hidalgo Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $400,499. If we break it down further, the land itself was valued at $120,150. Improvements to the property, however, were assessed at a total of $280,349. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Modern
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,171
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 710
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 8166
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: TRACT 8166 LOT 13

Ownership

  • Current Owner : GALLO GERARDO
  • Current Owner 2: GALLO SANDRA
  • Previous Owner : CLAASIC LLC
  • Owner Before Previous Owner: PLASENCIA JAMES L
  • Owner Before Previous Owner 2: ESTATE OF FRANK PLASENCIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Redlands Unified School District
  • Census Tract: 008003

Geography

  • Assessors Map Reference: 29-C1
  • District: 12
  • Subdivision Tract Number: 8166
  • Parcel: 0167-753-14-0000
  • Lot: 13
  • Municipality: SAN BERNARDINO
  • Latitude: 34.0724
  • Longitude: -117.177

    Address

  • Full Address: 503 Hidalgo Ave
  • Address - House Number: 503
  • Address - Street Name: Hidalgo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Redlands
  • Carrier Code: C036
  • 4-Digit Zip Code: 2478
  • Zip Code: 92374

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,769
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 005-068

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 73
  • Final Value: 496,039
  • High Value: 595,803
  • Low Value: 396,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,099
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jun 17, 2020
  • First Open Lien Mortgage Loan Amount: $374,099
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $400,499
  • Assessed Land Value: $120,150
  • Assessed Improvements Value: $280,349

    Sales

  • Current Sale Contract Date: May 19, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Transaction ID: 11769344767
  • Current Sale Price: $381,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0201358
  • Previous Sale Recording Date: Jan 31, 2020
  • Previous Sale Contract Date: Jan 07, 2020
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jun 17, 2020
  • First Mortgage Loan Amount: $374,099
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

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Frequently Asked Questions

What neighborhood is 503 Hidalgo Avenue located in?
The 503 Hidalgo Avenue is a house located in the neighborhood of North Redlands in North Redlands, Redlands.
What is the average sales price for listings in 503 Hidalgo Avenue?
The average sales price for units in 503 Hidalgo Avenue is $0 currently.

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