Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractSingleFamilyResidence

1055 Roosevelt Road

Redlands, CA, 92374

1 / 19View all 19 photos

$625,900

MLS: IG26062275

Beds

3

Baths

2

Sq Ft

1,405

Lot

0.18 ac

Year Built

1963

MLS #

IG26062275

Days on Market

24

Listed

Mar 23, 2026

Description

Nestled in the highly desirable South Redlands area, this exceptional home offers the perfect blend of charm, convenience, and lifestyle, ideally located near schools, shopping, and just minutes from the vibrant, historic downtown filled with renowned dining and beloved market nights. Redlands is celebrated for its rich architectural heritage and picturesque surroundings, where classic character meets modern living. This move-in ready residence presents an incredible opportunity for homeownership, featuring paid Tesla solar for energy efficiency and long-term savings. The inviting backyard is a true retreat, adorned with mature fruit trees including avocado, Meyer lemon, and pomegranate, complemented by a tranquil fish pond and a custom wooden bar—perfect for hosting memorable gatherings and weekend entertaining. Inside, you’ll find abundant kitchen cabinetry and a spacious two-car garage ideal for storage or hobbies. Thoughtfully priced to attract immediate attention, this is a rare chance to own a beautiful home in one of Redlands’ most sought-after neighborhoods—an opportunity not to be missed.

Location

Redlands, San Bernardino County, CA 92374

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Listed by: Hugo Chinchay · eXp Realty of Southern California

Payment estimate

$4,648

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $62,590 · Loan: $563,310

%
Principal & Interest
$3,461
Property tax (1.25%)
$652
Homeowners insurance
$300
Mortgage insurance
$235
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Redlands home with as little as 3.5% down using an FHA loan — roughly $21,907 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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