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Sold for $1,300,000
  • Listed by: PATRICIA HICKS, REALTOR • MARK EDWARDS • Contact: 909-747-1716
    Bought with: PLATINUM HILLS REAL ESTATE
    Tax assessed value
    $1,300,000

    510 Elder Way, Redlands, CA 92373

    3beds
    3,911sqft
    Single Family Residence
    Built in 1927
    1.7 Acres Lot
    $1,441,700 Zestimate®
    $332/sqft
    $4,919 Estimated rent

    Home value

    $1,441,700

    $1.31M - $1.59M

    $4,919/mo

    Zestimate® history
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    What's special

    All the splendor and elegance of 1927 can be found in this magnificent Spanish style home perched high above the Redlands Country Club. Breathtaking views of city lights, mountains and golf course await you from this gorgeous Gatsby-era home. Famous artists all created their greatest works from a blank canvass and while it needs updating and landscaping it is easily livable while you are creating your own masterpiece! Beautiful hardwood floors are in great condition, have been meticulously maintained over the years and they accentuate the architectural detail that defines 1920s Redlands homes. There are 3 exceptionally large ensuite bedrooms with large closets including 1 conveniently located downstairs The primary bedroom suite opens to a spectacular loft library overlooking a 24 ft ceiling in the family room below; it has a large balcony patio as well. There is ample room on the 1.70 acres to build the ADU, RV garage/ shop, horse facility you've always wanted or simply plant avocado and orange trees and enjoy the fruits of your labor. The major items in this home are in good condition; 2 new tankless water heaters and 2 central heating & air conditioning systems. With a some imagination, time and some effort this home will repay your investment handsomely and it will become the newest showcase in Redlands, Jewel of the Inland Empire!

    Zillow last checked:

    Listing updated:

    Listed by:

    MARK EDWARDS DRE #01727278 909-384-2686,

    PATRICIA HICKS, REALTOR,

    PATRICIA HICKS DRE #00648674 909-747-1716,

    PATRICIA HICKS, REALTOR

    Bought with:

    KELLY DUVAL, DRE #02185309

    PLATINUM HILLS REAL ESTATE

    Source: CRMLS,MLS#: EV24094697MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Primary Bedroom
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Tub Shower
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Double Oven, Dishwasher, Gas Cooktop, Tankless Water Heater
    • Laundry: Laundry Room
    Features
    • Beamed Ceilings, Built-in Features, High Ceilings, Open Floorplan, Bedroom on Main Level, Primary Suite
    • Flooring: Tile, Wood
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Family Room, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,911 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Garage - Attached, Carport
    • Attached garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Concrete
    • Pool features: None
    • Has view: Yes
    • View description: City Lights, Golf Course, Mountain(s)
    Lot
    • Size: 1.7 Acres
    • Features: Cul-De-Sac, Front Yard, Horse Property
    Details
    • Parcel number: 0294133040000
    • Special conditions: Standard
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Spanish Tile
    Condition
    • New construction: No
    • Year built: 1927

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Suburban
    • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Redlands

    Financial & listing details

    • Price per square foot: $332/sqft
    • Tax assessed value: $1,300,000
    • Annual tax amount: $16,091
    • Date on market: 5/13/2024
    • Cumulative days on market: 70 days
    • Listing terms: Submit

    Price history

    DateEventPrice
    8/22/2024Sold$1,300,000-13.3%$332/sqft
    Source: CRMLS #EV24094697 Report a problem
    7/23/2024Contingent$1,500,000$384/sqft
    Source: CRMLS #EV24094697 Report a problem
    5/13/2024Listed for sale$1,500,000+42.9%$384/sqft
    Source: CRMLS #EV24094697 Report a problem
    4/6/2023Sold$1,050,000+35.7%$268/sqft
    Source: Public Record Report a problem
    4/22/2013Sold$774,000+4.7%$198/sqft
    Source: Public Record Report a problem
    3/5/2013Listed for sale$739,000$189/sqft
    Source: Century 21 Lois Lauer Realty #EV13035602 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,091 +27.4%$1,300,000 +21.4%
    2024$12,627 +15.6%$1,071,000 +16.9%
    2023$10,924 +1.5%$915,997 +2%
    2022$10,764 -1.8%$898,036 +2%
    2021$10,960 +1.5%$880,427 +1%
    2020$10,795 +2.9%$871,400 +2%
    2019$10,490 +2.6%$854,314 +2%
    2018$10,225 +0.9%$837,563 +2%
    2017$10,137 $821,140 +2%
    2016$10,137 +1.2%$805,039 +1.5%
    2015$10,020 +0.8%$792,946 +2%
    2014$9,945 $777,413 +63.3%
    2013-- $476,080 +2%
    2012-- $466,745 +2%
    2011-- $457,593 +0.8%
    2010-- $454,173 -0.2%
    2009-- $455,252 +2%
    2008-- $446,326 +2%
    2007-- $437,574 +199.4%
    2006-- $146,162 +2%
    2005-- $143,296 +2%
    2004-- $140,487 +1.9%
    2003-- $137,912 +2%
    2002-- $135,207 +2%
    2001-- $132,555 +2%
    2000-- $129,956
    Find assessor info on the county website

    Neighborhood: 92373

    Nearby schools

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    Estimated market value
    $1,441,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,441,700