NOT LISTED FOR SALE

114 Canyon Rock Rd Palm Springs, CA 92264

Estimated Value: $453,223 - $1,251,000

3 Beds
2 Baths
1,200 Sq Ft
$688/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $225,000 $188 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $4,771/month

3 Days on Market

About This Home

As of April 2015

Well priced opportunity. This duplex has 4 year old roof, and has good curb appeal with desert landscaping. Tenants are long term on month-to-month.

Last Agent to Sell the Property

Trent Tiecke

Wheeler Steffen Sotheby's Intl Realty License #01386421 Listed on: 01/16/2015

Wheeler Steffen Sotheby's Intl Realty

Last Buyer's Agent

Joe M. Phelan

HomeSmart Professionals License #01860608

HomeSmart Professionals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,247

Year Built

1951

Lot Details

0

Listing Details

  • Active Date: 2015-01-16
  • Building Size: 1200.0
  • Driving Directions: South Palm Canyon to Canyon Rock left to end of street on left.
  • Full Street Address: 114 CANYON ROCK RD
  • Primary Object Modification Timestamp: 2015-04-23
  • Total Number of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Appliances: Range
  • Advertising Remarks: Well priced opportunity. This duplex has 4 year old roof, and has good curb appeal with desert landscaping. Tenants are long term on month-to-month.
  • Assessed Land Value: 31586.00
  • Total Bedrooms: 3
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Expense Water: 500.00
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 5227
  • Roofing: Composition

Garage/Parking

  • Parking Features: Driveway - Concrete
  • Parking Spaces Total: 2

Utilities

  • Cooling Type: Electric
  • Heating Type: Wall Heater

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Jun 10, 2015
Sold by
Corbett Neil S
Bought by
Corbett Neil S and Three Palms Trust
Seller's Agent
Trent Tiecke
Wheeler Steffen Sotheby's Intl Realty
Buyer's Agent
Joe M. Phelan
HomeSmart Professionals
List Price
$255,000
Sold Price
$225,000
Premium/Discount to List
-$30,000
-11.76%
Current Estimated Value
$825,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,806
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Krogan Bryan
Bought by
Corbett Neil S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Krogan Bryan

Purchase Details

Closed on
Aug 19, 2009
Sold by
Mcrae Christel
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jan 27, 2005
Sold by
Mcrae Christel and Mcrae Cristel
Bought by
Mcrae Christel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2002
Sold by
Duhamell Toni
Bought by
Mcrae Cristel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 28, 2001
Sold by
Williamson Scott and Burns William T
Bought by
Duhamell Toni

Purchase Details

Closed on
Jun 20, 2000
Sold by
Williamson Linda M
Bought by
Williamson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.07%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 13, 2000
Sold by
Administrators Opdyke Peter
Bought by
Burns William T and Williamson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.07%
Mortgage Type
Seller Take Back
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
Corbett Neil S -- None Available
Corbett Neil S $225,000 Orange Coast Title Co
Krogan Bryan $130,000 Lsi Title Agency
Hsbc Bank Usa National Association $250,000 None Available
Mcrae Christel -- Southland Title Corporation
Mcrae Cristel $255,000 Fidelity National Title Ins
Duhamell Toni -- Stewart Title
Williamson Scott -- Fidelity National Title Co
Burns William T $65,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corbett Neil S $157,500
Previous Owner Mcrae Christel $308,000
Previous Owner Mcrae Cristel $242,250
Previous Owner Mcrae Cristel $198,000
Previous Owner Burns William T $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2015 04/23/15 Sold $225,000 -11.8% $188 / Sq Ft
01/19/2015 01/19/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $255,000 -- $213 / Sq Ft
Source: Palm Springs Regional 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 $3,247 $270,407 $67,299 $203,108
2023 $3,247 $259,909 $64,687 $195,222
2022 $3,314 $254,814 $63,419 $191,395
2021 $3,246 $249,819 $62,176 $187,643
2020 $3,096 $247,258 $61,539 $185,719
2019 $3,041 $242,411 $60,333 $182,078
2018 $2,983 $237,658 $59,150 $178,508
2017 $2,937 $232,999 $57,991 $175,008
2016 $2,849 $228,431 $56,854 $171,577
2015 $1,708 $139,616 $32,216 $107,400
2014 -- $136,884 $31,586 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 15-820311PS

APN: 511-080-018