See Home Value
$1,001,500
● House - Off Market

550 Pepper Way

Redlands, CA 92373
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,491 Ft²
$1,345,038
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

A rare opportunity to purchase this sought after California Spanish Style Home Estate in South Redlands. With just under an acre of property, you'll not only enjoy the charm of this home but also the remarkable use of the land with various areas to relax in a retreatlike setting. This estate includes a private 157 sq ft detached office. Upon entering the home you'll feel the character and craftsmanship that brings you back to a simpler time with charm abound.  Wood burning fireplaces with beautiful mantels create a cozy feel in both the living and dining rooms. The kitchen has a charming atmosphere with an adjacent room that could potentially be used for a breakfast room or an office. The laundry/mudroom has a convenient exterior entrance. The master bedroom provides a beautiful ensuite including a clawfoot tub. Both guest bedrooms are spacious and have exterior doors to the grounds. Off the living room is a large family room, surrounded by windows and opening to the beautiful expansive deck which is perfect for gatherings. Once outside you'll enjoy the amazing yard with its beautiful stone terraced landscaping, mature shade trees, a variety of fruit trees, fire pit, and multiple patio areas. The detached 992 sq. ft. 3-car garage boasts a 1/2 bath, shop, room for weekend machines, and abundant attic storage. Plenty of parking for guests and RV parking. All of this beyond the electric gated entrance. Take a virtual tour at https://my.matterport.com/show/?m=z5LfDQSFPRJ&mls=1
Unit Size
2,491 Ft²
Days on Market
50 days
Land Size
0.99 acres
Price per sqft
$399
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1926

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (CRMLS #OC20132560)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Sold
Jul 7, 2020 Listed by First Team Real Estate $995,000
Listed by First Team Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 224

    Dimensions

  • Lot Size Square Feet: 43,090
  • Lot Size Depth Feet: 1,390
  • Lot Size Frontage Feet: 3,100
  • Total Building Area: 2,155
  • Gross Building Area: 2,155
  • Building Area: 2,155
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 6
  • Heated Square Feet: 2,155
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMITHS SUBDIVISION #3
  • Land Acres: 0000000989
  • Standard Land Use Code: 1001
  • County Land Use Code: 0510
  • Legal Description 1: REV1SED MAP OF BLKS 1O AND 11 SM1THS SUB NO 3 AND BLKS 6 AND 7 SM1THS SUB NO 4 PTN BLK 1O COM AT 1NTERSECT1ON C/L PEPPER WAY 45 FT W1DE AND C/L DW1GHT ST 6O FT W1DE TH N 123.68 FT TH W 92.34 FT TH N 59 DEG O1 M1N 15 SECONDS W 1O2.74 FT TH ON A CURVE

Neighborhood

  • School District Name: Redlands Unified School District
  • Census Tract: 008501

Geography

  • Assessors Map Reference: 15-E4
  • District: 12
  • Parcel: 0176-071-10-0000
  • Block: 1O,6,
  • Municipality: SAN BERNARDINO
  • Latitude: 34.0287
  • Longitude: -117.164

    Address

  • Full Address: 550 Pepper Way
  • Address - House Number: 550
  • Address - Street Name: Pepper
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Redlands
  • Carrier Code: C018
  • 4-Digit Zip Code: 7236
  • Zip Code: 92373

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,224,938
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 005-000

    Appraisal Valuation

  • Standard Deviation: 0.1961
  • Valuation Date: Jul 19, 2023
  • Confidence Score: 73
  • Final Value: 1,042,966
  • High Value: 1,247,572
  • Low Value: 838,360

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,041,960
  • Assessed Land Value: $312,588
  • Assessed Improvements Value: $729,372

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 10, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 2020-0341201
  • Previous Sale Recording Date: Jul 27, 2005
  • Previous Sale Contract Date: Jun 09, 2005
  • Previous Sale Amount: $900,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Redlands


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 135 Cook St Unit#3, REDLANDS, CA, 92374

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,056 ft²
135 Cook St Unit#3 #3, REDLANDS, CA, 92374 Listing by Ronald Krill
Unit for rent at 357 Grant Street, REDLANDS, CA, 92373

$1,695 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
357 Grant Street #A, REDLANDS, CA, 92373 Listing by Hilda Del Castillo
Unit for rent at 1200 Cedar Avenue, REDLANDS, CA, 92373

$4,100 /mo

  • 5 Beds
  • 3 Baths
  • 4,500 ft²
1200 Cedar Avenue, REDLANDS, CA, 92373 Listing by Kyle Dekock


Frequently Asked Questions

When was property at 550 Pepper Way built and last sold?
The property at 550 Pepper Way was built in 1926 and last sold on Aug 10, 2020 for $1,001,500.
How much is this home worth?
The estimated value of the home located at 550 Pepper Way is $1,004,169.
What are some comparable homes to 550 Pepper Way?
There are currently no comparable homes to 550 Pepper Way.