NOT LISTED FOR SALE

Estimated Value: $223,000 - $459,000

0.23 Acre
$1,563,770 Price per Acre
10,019 Sq Ft Lot

Last Sold April 04, 2023

Last sale price $185,000

Est. 94% increase in value since last sale

Current estimated payment $2,094/month

111 Days on Market

About This Lot

As of April 2023

Rare find, lowest priced lot for sale in the neighborhood. This large 10,000+ sq. Ft. Lot is zoned for Duplex, live in one and rent the other. This sale comes with a set of old plans for duplex (will need updating). Lot is located on 42nd Avenue and at close proximity to the Tennis Gardens, shopping, dining and schools. Lot is facing south with north alley access. If a Duplex is not what you are looking for, then you can consider building your custom home on this amazing lot.

Last Agent to Sell the Property

Carmen Franco

Open Door Realty License #01476179 Listed on: 11/29/2022

Last Buyer's Agent

Christine Kfoury

Real Broker License #02091458

Real Broker

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,312

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts an alley

Additional Features

  • Electricity Available at Street
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 607141035

Property Details

Property Type

Land

Est. Annual Taxes

$2,312

Lot Details

0

Listing Details

  • Property Type: D
  • Included In Sale: A set of old plans for a Duplex (will need updating).
  • Lp Sp Ratio: 0.8800
  • Internal Listing I D: 20221130144615992502000000
  • Listing I D: 219087801
  • Listing Member Address: 81713 Highway 111, Ste. B, Indio, CA 92201
  • Listing Member Fax: (760) 457-2957
  • Listing Office Address: 81713 Highway 111, Ste. B, Indio, CA 92201
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 2603 Camino Ramon Suite 200, San Ramon, CA 94583
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Alley, City Street

Utilities

  • Sewer: Unknown
  • Utilities: In Street, Sewer Available

Lot Info

  • Present Use: Multi-Family, Vacant
  • Assessor Parcel Number: 607141035
  • Lot Acres: 0.2300
  • Lot Size: 10019.00
  • Potential Use: Residential
  • Site: City

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Apr 7, 2023
Sold by
El Melki Jeanine F
Bought by
Jeanine El Melki Living Trust
Seller's Agent
Carmen Franco
Open Door Realty
Buyer's Agent
Christine Kfoury
Real Broker
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%
Views
225
Current Estimated Value
$359,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,667
Avg. Annual Appreciation
30.74%

Purchase Details

Listed on
Nov 29, 2022
Closed on
Mar 23, 2023
Sold by
Arechiga Francisco Javier
Bought by
El Melki Jeanine F
Seller's Agent
Carmen Franco
Open Door Realty
Buyer's Agent
Christine Kfoury
Real Broker
List Price
$215,000
Sold Price
$185,000
Premium/Discount to List
-$30,000
-13.95%
Views
225

Purchase Details

Closed on
Mar 13, 2019
Sold by
Banuelos Luis M and Banuelos Araceli
Bought by
Arechiga Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2010
Sold by
Banuelos Luis and Banuelos Luis M
Bought by
Banuelos Luis M and Banuelos Araceli

Purchase Details

Closed on
Dec 5, 2006
Sold by
Martin Margaret M
Bought by
Banuelos Luis
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jeanine El Melki Living Trust -- None Listed On Document
El Melki Jeanine F $185,000 --
Arechiga Francisco Javier $78,000 Lawyers Title
Banuelos Luis M -- None Available
Banuelos Luis $97,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arechiga Francisco Javier $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $185,000 -12.3% --
03/20/2023 03/20/23 Pending -- -- --
02/21/2023 02/21/23 Price Changed $211,000 -1.9% --
11/29/2022 11/29/22 For Sale $215,000 -- --
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,312 $192,474 $192,474 --
2023 $2,312 $83,630 $83,630 $0
2022 $1,006 $81,991 $81,991 $0
2021 $986 $80,384 $80,384 $0
2020 $967 $118,820 $118,820 $0
2019 $803 $66,000 $66,000 $0
2018 $803 $66,000 $66,000 $0
2017 $790 $65,000 $65,000 $0
2016 $821 $68,000 $68,000 $0
2015 $800 $65,000 $65,000 $0
2014 $793 $64,250 $64,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219087801

California Desert Association of REALTORS®

APN: 607-141-035