NOT LISTED FOR SALE

Estimated Value: $836,000 - $940,000

5 Beds
3 Baths
1,930 Sq Ft
$451/Sq Ft Est. Value

Last Sold December 05, 2016

Last sale price $310,000 $161 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $5,197/month

62 Days on Market

About This Home

As of December 2016

Diamond in the ruff. Needs lots of repairs. Property sits on a large lot. Great property for investors or a family with extended family. Live in one unit and rent out the other. Possibilities are endless. Please do not try to access property. Drive by only until further notice. This is a short sale and needs lender approval.

Last Agent to Sell the Property

Laura Lira

Laura Lira, Broker License #01198216 Listed on: 07/21/2016

Last Buyer's Agent

John Doan

Equinox Real Estate Group License #01738572

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,632

Year Built

  • Built in 1979

Lot Details

  • 7,088 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,930 Sq Ft Home
  • Property Attached

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4025
  • Assessor Parcel Number 8349014055

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,632

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 7143957071
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 8349014055
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 160.62

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 7088.00
  • Price Per Lot Square Foot: 35.27

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 4025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2017
Sold by
Palm Desert Capital Llc
Bought by
Cao Fengying and Cao Fengjuan
Current Estimated Value
$869,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2016
Closed on
Nov 3, 2016
Sold by
Cordia Rita S A
Bought by
Palm Desert Capital Llc and 6Th Street Trust
Seller's Agent
Laura Lira
Laura Lira, Broker
Buyer's Agent
John Doan
Equinox Real Estate Group
List Price
$250,000
Sold Price
$310,000
Premium/Discount to List
$60,000
24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%

Purchase Details

Closed on
Jun 14, 2007
Sold by
Cordia Adonis A B and Cordia Rita S A
Bought by
Cordia Adonis A B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Cordia Adonis A B and Cordia Rita S A
Bought by
Cordia Adonis A B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2004
Sold by
Cordia Adonis A B and Cordia Rita S A
Bought by
Cordia Adonis A B
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
Cao Fengying $540,000 Fidelity National Title
Palm Desert Capital Llc $310,000 Fidelity Natl Title Orange C
Cordia Rita S A -- Fidelity National Title
Cordia Rita S A -- Fidelity National Title
Cordia Adonis A B -- Southland Title Company
Cordia Adonis A B -- Southland Title Company
Cordia Adonis A B -- Progressive Title
Cordia Adonis A B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cao Fengying $330,000
Previous Owner Cordia Adonis A B $305,000
Previous Owner Cordia Adonis A B $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2016 12/05/16 Sold $310,000 0.0% $161 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/12/2016 07/12/16 Off Market $310,000 -- --
07/09/2016 07/09/16 For Sale $250,000 -19.4% $130 / Sq Ft
07/02/2016 07/02/16 Off Market $310,000 -- --
05/20/2016 05/20/16 For Sale $250,000 -- $130 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,632 $614,422 $386,859 $227,563
2024 $7,632 $602,375 $379,274 $223,101
2023 $7,478 $590,565 $371,838 $218,727
2022 $7,361 $578,987 $364,548 $214,439
2021 $7,191 $567,635 $357,400 $210,235
2019 $7,350 $550,800 $346,800 $204,000
2018 $6,791 $540,000 $340,000 $200,000
2016 $2,550 $185,929 $37,176 $148,753
2015 $2,530 $183,137 $36,618 $146,519
2014 $2,523 $179,550 $35,901 $143,649
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16109719

California Regional Multiple Listing Service (CRMLS)

APN: 8349-014-055