NOT LISTED FOR SALE

12868 Catalpa Ave Desert Hot Springs, CA 92240

Estimated Value: $253,000 - $350,000

2 Beds
1 Bath
982 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $162,000 $165 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,798/month

3 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Tile Flooring
  • Home has East and West Exposure
  • Mountain View
  • Ranch Style House

About This Home

As of October 2018

Mid-Century charmer located in the quiet hills on the east side of Desert Hot Springs is ready for someone to make their own. Freshly painted and carpeted, the residence also features attractive wood-beamed ceilings, direct mountain views, a large backyard and front yard with patio space, spacious living room, a storage shed, and is not in a HOA.

Last Agent to Sell the Property

Mike Patakas

Douglas Elliman of California, Inc. License #01264926 Listed on: 09/07/2018

Co-Listed By

Maria Patakas

Douglas Elliman of California, Inc. License #01785498

Last Buyer's Agent

David Colin

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,867

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Home has East and West Exposure

Home Design

  • Midcentury Modern Architecture
  • Ranch Style House

Interior Spaces

  • 982 Sq Ft Home
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Driveway

Utilities

  • Property is located within a water district
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 644134007

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,867

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: One
  • Builders Tract Code: NA340
  • Building Style: Mid Century, Ranch
  • List Price per Sq Ft: 162.93
  • Lp Sp Ratio: 1.0125
  • View Type: Mountain(s)
  • Year Built: 1961
  • Co Listing Office Address: 150 El Camino Drive, #150, Beverly Hills, CA 90212
  • Listing I D: 218024756
  • Listing Office Address: 150 El Camino Drive, #150, Beverly Hills, CA 90212
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Member Fax: (760) 844-7550
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 982.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking: Driveway
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Septic Tank
  • Water: Water District

Lot Info

  • Assessor Parcel Number: 644134007
  • Lot Acres: 0.1800
  • Lot Size: 7841.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Sep 12, 2018
Sold by
Smith Jason and Smith Elissa
Bought by
Freeman Rashah
Seller's Agent
Mike Patakas
Douglas Elliman of California, Inc.
Buyer's Agent
David Colin
Coldwell Banker Residential Brokerage
List Price
$160,000
Sold Price
$162,000
Premium/Discount to List
$2,000
1.25%
Current Estimated Value
$297,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,954
Avg. Annual Appreciation
9.04%
Original Mortgage
$159,065
Outstanding Balance
$138,142
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$159,812

Purchase Details

Closed on
Apr 6, 2017
Sold by
Smith Jason
Bought by
Smith Jason and Smith Elissa

Purchase Details

Closed on
Sep 9, 2003
Sold by
Smith Elissa
Bought by
Smith Jason

Purchase Details

Closed on
Jun 18, 2003
Sold by
Galland Gary B and Galland Kim D
Bought by
Smith Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
The Catalpa Avenue Trust
Bought by
Galland Gary B and Galland Kim D

Purchase Details

Closed on
Sep 18, 2001
Sold by
Smith Stephen C
Bought by
The Catalpa Avenue Trust

Purchase Details

Closed on
Feb 23, 2000
Sold by
Smith Stephen C and Smith Melissa N
Bought by
Smith Stephen C

Purchase Details

Closed on
Jan 17, 1994
Sold by
Anderson David and Anderson Deborah A
Bought by
Smith Stephen C and Smith Melissa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,020
Interest Rate
7.79%
Mortgage Type
Assumption
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
Freeman Rashah $162,000 Lawyers Title Ie
Smith Jason -- None Available
Smith Jason -- Fidelity National Title
Smith Jason $110,000 Fidelity National Title
Galland Gary B $80,000 North American Title Co
The Catalpa Avenue Trust -- --
Smith Stephen C -- --
Smith Stephen C $51,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Rashah $159,065
Previous Owner Smith Jason $99,000
Previous Owner Smith Stephen C $52,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2018 10/18/18 Sold $162,000 +1.3% $165 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $160,000 -- $163 / Sq Ft
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 $2,867 $180,709 $96,211 $84,498
2023 $2,867 $173,694 $92,476 $81,218
2022 $2,800 $170,289 $90,663 $79,626
2021 $2,688 $166,951 $88,886 $78,065
2020 $2,574 $165,240 $87,975 $77,265
2019 $2,523 $162,000 $86,250 $75,750
2018 $1,762 $103,000 $15,000 $88,000
2017 $1,721 $98,000 $15,000 $83,000
2016 $1,523 $84,000 $13,000 $71,000
2015 $1,488 $84,000 $13,000 $71,000
2014 $1,229 $63,000 $9,000 $54,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Patakas

    Douglas Elliman of California, Inc.

  • M

    Seller Co-Listing Agent in 2018

    Maria Patakas

    Douglas Elliman of California, Inc.

  • D

    Buyer's Agent in 2018

    David Colin

    Coldwell Banker Residential Brokerage

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218024756

California Desert Association of REALTORS®

APN: 644-134-007

California Riverside County Desert Hot Springs 92240

12868 Catalpa Ave, Desert Hot Springs, CA

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