Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingSingleFamilyResidence

122 E Pioneer Avenue

Redlands, CA, 92374

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$400,000

MLS: IG25115925

Beds

3

Baths

1

Sq Ft

1,044

Lot

0.14 ac

Year Built

1954

MLS #

IG25115925

Days on Market

170

Listed

May 27, 2025

Description

Investment Special with Pool! Here’s your chance to transform this 3-bedroom, 1-bath home into the space of your liking. This property is ideally situated near shopping, dining, and easy commuter access. Sitting on a generous lot, the home offers classic charm perfect for the investor or handy buyer looking to renovate and build equity. Inside, you will find a functional layout with plenty of potential. Step outside and enjoy the standout feature of a private in-ground pool, perfect for summer entertaining or relaxing in your own backyard oasis. The spacious yard also offers room to garden, play, or enjoy the outdoor area. Whether you're investing or creating your next home, this property presents a fantastic opportunity in a prime location. Don’t miss this hidden gem with unlimited upside potential!

Location

Redlands, San Bernardino County, CA 92374

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Listed by: Matthew Lopez · PONCE & PONCE REALTY, INC

Payment estimate

$3,079

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $360,000

%
Principal & Interest
$2,212
Property tax (1.25%)
$417
Homeowners insurance
$300
Mortgage insurance
$150
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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 $14,000 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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