NOT LISTED FOR SALE

Estimated Value: $273,985 - $328,000

2.92 Acres
$100,341 Price per Acre
127,195 Sq Ft Lot

Sale Details

Date Sold: October 26, 2021

Last sale price $250,000

Est. 17% increase in value since last sale

Current estimated payment $1,901 / mo

168 Days on Market

Highlights

  • Golf Course Community
  • Horse Property Unimproved
  • 2.92 Acre Lot
  • Brookside Elementary School Rated 9+
  • Fishing
  • Mountain View

About This Lot

As of October 2021

Flat lot on quiet street that leads to a pedestrian/horse/bike entrance to Bogart Park, a public haven for hiking, biking & horseback riding. Camping, playground, shady trails, a fishing pond stocked with trout & frequent wildlife sightings are all a short walk away. Utilities are on the street, with easy access for water meter.
Cherry Valley is an excellent location, set back from the busy hustle & bustle. However, it is easily reachable ,only about 10 minutes from the 10 or 60 freeways,& Home Depot/Walmart etc.. Palm Springs is about 30 minutes east, passing Cabazon outlets & Morongo Casino & Spa on the way. Head north for under 14 minutes & you are in scenic Oak Glen, a resort with fruit picking, botanical gardens etc.. Locally there are good restaurants, supermarkets etc.. Schools are all close by in the well reputed Beaumont USD.
Note the street number is used for location purpose & has not actually been allocated.
RA1 zoning.
All useable land. Perfect for horses, or to just realize your dream property.
Sellers believe property may have water rights, but buyer to do own due diligence.

Last Agent to Sell the Property

PAM ALPS

Shaw Real Estate Brokers License #00903917 Listed on: 02/16/2021

Last Buyer's Agent

Russ Rigsby

REAL ESTATE MASTERS GROUP License #01447780

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 2.92 Acre Lot
  • Rectangular Lot
  • Property is zoned R-A-1

Additional Features

  • Mountain Views
  • Horse Property Unimproved

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 402060003

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Near a Preserve or Public Land

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Property Type

Land

Lot Details

2.92 Acres

Listing Details

  • View: Yes
  • Zoning: R-A-1
  • Property Type: Land
  • Parcel Number: 402060003
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 1.97

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Horse Trails, Park, Preserve/Public Land

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Unimproved, Rectangular Lot
  • Lot Size Sq Ft: 127195.00
  • Lot Size Acres: 2.9200

Multi Family

  • Lot Size Area: 127195.0000 Square Feet

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 438.09
  • Tax Lot: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
Oct 25, 2021
Sold by
Payan Ray
Bought by
Seller's Agent
PAM ALPS
Shaw Real Estate Brokers
Buyer's Agent
Russ Rigsby
REAL ESTATE MASTERS GROUP
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%
Current Estimated Value
$292,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,995
Avg. Annual Appreciation
3.32%
Original Mortgage
$187,500
Outstanding Balance
$167,608
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$125,387

Purchase Details

Closed on
Aug 19, 2021
Sold by
Peterson Family Trust
Bought by
Payan Danesa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
2.86%

Purchase Details

Closed on
May 12, 2004
Sold by
The Bulgarian American Culture Education
Bought by
Peterson Leonard Harold and Peterson Alyce Frances
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cherry Valley, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
Payan Danesa J $250,000 First American Title
Peterson Leonard Harold $175,000 United Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $187,500
Previous Owner Payan Danesa J $187,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $250,000 0.0% --
04/23/2021 04/23/21 Price Changed $250,000 -28.6% --
02/16/2021 02/16/21 For Sale $350,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,499 $270,608 $270,608
2025 $3,434 $265,302 $265,302
2023 $3,434 $255,000 $255,000
2022 $3,382 $250,000 $250,000 $0
2021 $3,055 $225,349 $225,349 $0
2020 $3,023 $223,039 $223,039 $0
2019 $2,976 $218,666 $218,666 $0
2018 $2,964 $214,379 $214,379 $0
2017 $2,918 $210,176 $210,176 $0
2016 $2,841 $206,055 $206,055 $0
2015 $2,794 $202,961 $202,961 $0
2014 $2,796 $198,986 $198,986 $0
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21032740

California Regional Multiple Listing Service (CRMLS)

APN: 402-060-003

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