NOT LISTED FOR SALE

12725 Beech Ave Desert Hot Springs, CA 92240

Estimated Value: $562,000 - $624,000

3 Beds
2.5 Baths
2,331 Sq Ft
$253/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $570,000 $245 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,736/month

68 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Fireplace in Kitchen
  • In Ground Pool
  • Community Lake
  • Bonus Room

About This Home

As of June 2023

The PERFECT oasis in Desert Hot Springs. A successful vacation rental managed by a reputable STR management agency allows you to have the choice of continuing this as an income generating investment property or make it your own personal turn-key private residence. House has a Bonus Room/Casita, separate entrance from the back yard. Key to open Bonus room is hanging from the kitchen island centerpiece.
This single story, 3 bedroom, 2 bathroom traditional home features upgrades all throughout the residence. The gorgeous backyard with a sparkling POOL in the entertainers backyard will have you enjoying it under the desert sun or relaxing in the evening with the stars in the sky.
Located in a desirable quiet neighborhood and minutes away from local retail, grocery stores, entertainment, hiking trails, casinos, and schools. Easily access the I-10 to get to any neighboring destination such as Palm Springs, Joshua Tree and Coachella. NO HOA

Last Agent to Sell the Property

Arman Grigoryan

Keller Williams Beverly Hills License #01711745 Listed on: 02/27/2023

Keller Williams Beverly Hills

Last Buyer's Agent

Wilhelm Ordan

eXp Realty of Greater Los Angeles License #02037931

eXp Realty of Greater Los Angeles

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,782

Year Built

  • Built in 1980

Lot Details

  • 8,276 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R1C

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,331 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 644096008
  • $528 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Near a National Forest
  • Mountainous Community

Recreation

  • Golf Course Community
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,782

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R1C
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 644096008
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2331.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Kitchen, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 244.53
  • Room Type: All Bedrooms Down, Bonus Room

Exterior Features

  • View: Mountain(s)
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop, Range Hood
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Curbs, Dog Park, Golf, Lake, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900
  • Latitude Manual: 33.95505400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 445.16
  • Tax Lot: 25
  • TaxOtherAnnualAssessmentAmount: 528.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
May 31, 2023
Sold by
Mikayelyan Toros and Mikayelyan Susanna
Bought by
Nikoghosyan Suren
Seller's Agent
Arman Grigoryan
Keller Williams Beverly Hills
Buyer's Agent
Wilhelm Ordan
eXp Realty of Greater Los Angeles
List Price
$579,000
Sold Price
$570,000
Premium/Discount to List
-$9,000
-1.55%
Views
121
Current Estimated Value
$589,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,777
Avg. Annual Appreciation
1.44%
Original Mortgage
$456,000
Outstanding Balance
$443,895
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$145,882

Purchase Details

Listed on
May 9, 2022
Closed on
May 27, 2022
Sold by
Tigran Melkonyan
Bought by
Mikayelyan Toros and Gevorgyan Susanna
Seller's Agent
Anoush Chizhikian
Global Realty & Mortgage
Buyer's Agent
Anoush Chizhikian
Global Realty & Mortgage
List Price
$469,000
Sold Price
$575,000
Premium/Discount to List
$106,000
22.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.87%
Original Mortgage
$515,000
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 1, 2018
Closed on
Sep 26, 2018
Sold by
Alta Vista Housing Solutions Inc
Bought by
Melkonyan Tigran
Seller's Agent
JOSE JIMENEZ
CALMEX REALTY
Buyer's Agent
Anoush Chizhikian
State Realty Group Inc
List Price
$350,000
Sold Price
$329,500
Premium/Discount to List
-$20,500
-5.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.33%
Original Mortgage
$323,531
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 5, 2017
Closed on
Nov 9, 2017
Sold by
The Bank Of New York Mellon
Bought by
Alta Vista Housing Solutions Inc
Seller's Agent
Ryan Lovett
R Lovett Enterprises
Buyer's Agent
JOSE JIMENEZ
CALMEX REALTY
List Price
$215,000
Sold Price
$169,000
Premium/Discount to List
-$46,000
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.41%
Original Mortgage
$178,457
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 21, 2017
Sold by
Martinez Frances
Bought by
The Bank Of New York Mellon and The Bank Of New York

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,457
Interest Rate
3.88%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 2006
Sold by
Taranto Lp
Bought by
Martinez Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
8.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 9, 1994
Sold by
Pozzessere Vincent and Pozzessere Fernanda
Bought by
Taranto Ltd Partnership
Source: Public Records

Range of Values:

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Average Value
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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
Nikoghosyan Suren $570,000 Lawyers Title
Mikayelyan Toros $575,000 None Listed On Document
Melkonyan Tigran $329,500 Stewart Title
Alta Vista Housing Solutions Inc $177,500 Title365 Company
The Bank Of New York Mellon $228,158 Title 365
Martinez Frances $279,000 Commonwealth Land Title Co
Taranto Ltd Partnership -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikoghosyan Suren $456,000
Previous Owner Mikayelyan Toros $515,000
Previous Owner Melkonyan Tigran $323,531
Previous Owner Alta Vista Housing Solutions Inc $178,457
Previous Owner Martinez Frances $223,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2023 06/12/23 For Sale $579,000 +1.6% $248 / Sq Ft
06/07/2023 06/07/23 Sold $570,000 0.0% $245 / Sq Ft
05/27/2023 05/27/23 Off Market $570,000 -- --
02/27/2023 02/27/23 For Sale $579,000 +0.7% $248 / Sq Ft
06/07/2022 06/07/22 Sold $575,000 +22.6% $247 / Sq Ft View Prior Sale
05/11/2022 05/11/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $469,000 +42.3% $201 / Sq Ft
10/02/2018 10/02/18 Sold $329,500 -2.8% $141 / Sq Ft View Prior Sale
08/07/2018 08/07/18 Pending -- -- --
08/06/2018 08/06/18 Price Changed $339,000 +1.2% $145 / Sq Ft
08/03/2018 08/03/18 Price Changed $335,000 -1.2% $144 / Sq Ft
06/19/2018 06/19/18 Price Changed $339,000 -0.3% $145 / Sq Ft
06/19/2018 06/19/18 Price Changed $340,000 -1.4% $146 / Sq Ft
06/04/2018 06/04/18 Price Changed $345,000 -0.9% $148 / Sq Ft
06/02/2018 06/02/18 Price Changed $348,000 -0.6% $149 / Sq Ft
05/01/2018 05/01/18 For Sale $350,000 +107.1% $150 / Sq Ft
11/30/2017 11/30/17 Sold $169,000 -21.4% $73 / Sq Ft View Prior Sale
10/05/2017 10/05/17 For Sale $215,000 -- $92 / 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 $7,782 $593,026 $88,955 $504,071
2023 $7,782 $586,500 $51,000 $535,500
2022 $4,983 $346,361 $90,663 $255,698
2021 $4,817 $339,571 $88,886 $250,685
2020 $4,610 $336,090 $87,975 $248,115
2019 $4,609 $329,500 $86,250 $243,250
2018 $2,689 $177,450 $26,617 $150,833
2017 $2,798 $191,000 $38,000 $153,000
2016 $2,625 $180,000 $36,000 $144,000
2015 $2,565 $180,000 $36,000 $144,000
2014 $2,576 $180,000 $36,000 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23033431

California Regional Multiple Listing Service (CRMLS)

APN: 644-096-008