NOT LISTED FOR SALE

12920 Inaja St Unit 4 Desert Hot Springs, CA 92240

Estimated Value: $650,694 - $811,000

8 Beds
8 Baths
4,000 Sq Ft
$177/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $375,000 $94 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,297/month

147 Days on Market

Highlights

  • Spanish Architecture
  • Views
  • Ceiling Fan
  • Private Yard
  • Forced Air Heating and Cooling System
  • South Facing Home

About This Home

As of December 2018

Well maintained building with responsible tenants that pay rent on time. Upside potential in rents, building fully fire sprinkled last year, mostly seasoned tenants.

Last Agent to Sell the Property

Richard DeCarlo

Keller Williams Luxury Homes Listed on: 07/23/2018

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,932

Year Built

  • Built in 1975

Lot Details

  • 7,880 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Front Yard

Home Design

  • Spanish Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Property Views

Bedrooms and Bathrooms

  • 8 Bedrooms

Home Security

  • Security Lights
  • Fire Sprinkler System

Parking

  • 4 Carport Spaces
  • 5 Car Parking Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 220 Volts in Kitchen
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for water
  • Assessor Parcel Number 642143006

Community Details

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,020
  • Trash Expense $1,155
  • Operating Expense $11,275
  • Gross Income $37,800
  • Net Operating Income $26,525

Additional Features

  • 4 Units
  • Community Mailbox

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,932

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces South
  • Levels: Two
  • Price Per Unit: 93750.00
  • Builders Tract Code: NA340
  • Building Style: Spanish
  • Included In Sale: Refrigerators, dishwashers, individual water heaters in each unit
  • List Price per Sq Ft: 93.75
  • Lp Sp Ratio: 1.0000
  • Year Built: 1975
  • Internal Listing I D: 20190608184814702830000000
  • Listing I D: 218020738
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 8727 VAN NUYS BLVD. NO.206, VAN NUYS, CA 91402
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 4
  • Number of Ranges: 4
  • Total Bedrooms: 8
  • Half Bathrooms: 4
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 4000.00
  • Windows Treatments: Blinds, Mini Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Shingle
  • Foundation: Concrete Perimeter
  • View: Yes
  • Numberof Patios: 4

Garage/Parking

  • Parking Info Total Carport Spaces: 4.00
  • Parking Info Total Parking Spaces: 5.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen
  • Number Electric Meters: 5
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Electric, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Security: Exterior Security Lights, Fire Sprinkler System
  • Sewer: In, Connected and Paid
  • Water: In Street
  • Water Heater Feature: Electric

Association/Amenities

  • Community Features: Community Mailbox

Lot Info

  • Assessor Parcel Number: 642143006
  • Lot Description: Curbs, Street Lighting, Yard, Utilities Underground, Street Public, Street Paved, Level, Rectangular Lot, Front Yard
  • Lot Size: 7880.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Dishwashers: 4
  • Number Of Refrigerators: 4
  • Total Units: 4

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Oct 23, 2018
Sold by
Decarlo Richard Charles and Labellarti Paula Rose
Bought by
Bickford Michael J
Seller's Agent
Richard DeCarlo
Keller Williams Luxury Homes
Buyer's Agent
Unknown Member
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$709,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,174
Avg. Annual Appreciation
9.73%
Original Mortgage
$262,500
Outstanding Balance
$238,563
Interest Rate
6.72%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$470,611

Purchase Details

Closed on
Mar 19, 2003
Sold by
Sertic Dobrila
Bought by
Decarlo Richard Charles and Labellarti Paula Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.18%
Mortgage Type
Commercial
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
Bickford Michael J $375,000 Fidelity National Title
Decarlo Richard Charles $250,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bickford Michael J $262,500
Previous Owner Decarlo Richard Charles $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $375,000 0.0% $94 / Sq Ft
12/17/2018 12/17/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $375,000 -- $94 / 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 $6,932 $418,314 $104,577 $313,737
2023 $6,932 $402,072 $100,517 $301,555
2022 $7,020 $394,190 $98,547 $295,643
2021 $6,908 $386,462 $96,615 $289,847
2020 $6,672 $382,500 $95,625 $286,875
2019 $6,574 $375,000 $93,750 $281,250
2018 $5,707 $312,377 $49,974 $262,403
2017 $5,530 $306,253 $48,995 $257,258
2016 $5,262 $300,249 $48,035 $252,214
2015 $3,827 $295,741 $47,314 $248,427
2014 $3,780 $289,949 $46,388 $243,561
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Richard DeCarlo

    Keller Williams Luxury Homes

  • U

    Buyer's Agent in 2018

    Unknown Member

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218020738

California Desert Association of REALTORS®

APN: 642-143-006

California Riverside County Desert Hot Springs 92240

12920 Inaja St Unit 4, Desert Hot Springs, CA

This home is located at 12920 Inaja St Unit 4, Desert Hot Springs, CA 92240 since 23 July 2018 and is currently estimated at $709,174, approximately $177 per square foot. This property was built in 1975. 12920 Inaja St Unit 4 is a home located in Riverside County with nearby schools including Cabot Yerxa Elementary School, Desert Springs Middle School, and Desert Hot Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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