For SaleRisky Deal61 days on market
340 Mitchell Way
340 Mitchell Way, Redlands, CA 92374, Redlands, CA 92374
$599,000
Estimate®:$603,200$4,200 Under Market
Listing Price
340 Mitchell Way, Redlands, CA 92374
Loc: Redlands, CA
Days Listed
61
Tax Assessed
$435k
Estimate®
$603k
1% Under Valued
Lot Size
0.29 acres
Rent Estimate
$3,987/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Crafton Elementary School
K-5
0.5 mi away
6
Moore Middle School
6-8
0.6 mi away
8
Redlands East Valley High School
9-12
1.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
traditionaltwo-storystucco exteriorbrick accentssolar panelsattached garageasphalt shingle rooffront porchpalm treemanicured landscapingresidentialsuburbanwell-maintainedmid-sized
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.00%
Total ROI
67.6%
Cash Flow
$-610/mo
DSCR
0.80
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-610/mo net cash flow with a 5.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Redlands, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-24 | Listed for sale | $599,000 | $301 |
| 2026-09-12 | Listing removed | $649,900 | $327 |
| 2026-08-23 | Pending sale | $649,900 | $327 |
| 2026-08-22 | Contingent | $649,900 | $327 |
| 2026-08-19 | Listed for sale | $649,900 | $327 |
| 2026-08-18 | Pending sale | $649,900 | $327 |
| 2026-08-14 | Contingent | $649,900 | $327 |
| 2026-08-05 | Price change | $649,900 | $327 |
| 2026-07-02 | Listed for sale | $675,000 | $339 |
| 2015-04-01 | Sold | $355,000 | $178 |
| 2015-03-19 | Pending sale | $350,000 | $176 |
| 2015-02-19 | Price change | $350,000 | $176 |
| 2015-01-21 | Price change | $374,999 | $188 |
| 2015-01-17 | Price change | $364,900 | $183 |
| 2015-01-02 | Listed for sale | $374,900 | $188 |
| 2014-11-14 | Listing removed | $374,999 | $188 |
| 2014-08-21 | Listed for sale | $374,999 | $188 |
| 2001-06-29 | Sold | $190,000 | $95 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $435,192 |
| 2025 | $5,225.22 | $426,659 |
| 2024 | $4,877.06 | $418,293 |
| 2023 | $4,869.79 | $410,091 |
| 2022 | $4,797.66 | $402,050 |
| 2021 | $4,883.64 | $394,167 |
| 2020 | $4,810.15 | $390,125 |
| 2019 | $4,673.71 | $382,475 |
| 2018 | $5,205.64 | $374,975 |
| 2017 | $4,515.51 | $367,622 |
| 2016 | $4,515.51 | $360,414 |
| 2015 | $4,462.92 | $260,517 |
| 2014 | $3,326.82 | $255,413 |
| 2013 | $0 | $248,000 |
| 2012 | $0 | $230,000 |
| 2011 | $0 | $230,000 |
| 2010 | $0 | $230,000 |
| 2009 | $0 | $243,135 |
| 2008 | $0 | $238,367 |
| 2007 | $0 | $213,694 |
| 2006 | $0 | $209,503 |
| 2005 | $0 | $205,395 |
| 2004 | $0 | $201,367 |
| 2003 | $0 | $197,676 |
| 2002 | $0 | $193,800 |
| 2001 | $0 | $171,197 |
| 2000 | $0 | $167,840 |
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