NOT LISTED FOR SALE

12940 Hidalgo St Desert Hot Springs, CA 92240

Estimated Value: $333,000 - $389,000

3 Beds
2 Baths
1,472 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $164,900 $112 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,126/month

226 Days on Market

About This Home

As of February 2016

Pre-approved short sale. Beautiful Single Family Home with amazing mountain views, perfect for a first time buyer or an investment purchase. With its elevated views of the Coachella Valley and thousands of acres of gorgeous mountain preserves, Desert Hot Springs is one of the fastest-growing communities in Southern California. Minutes away from an international airport, golf, shopping, renowned restaurants, major events and more, this spa destination city beckons visitors and resort recreational developers. Washer and dryer included.

Last Agent to Sell the Property

Lisa Molinar

Berkshire Hathaway Home Services California Properties License #01882273 Listed on: 06/10/2015

Berkshire Hathaway Home Services California Properties

Last Buyer's Agent

Jorge Sanchez

Berkshire Hathaway Home Services California Properties License #01958848

Berkshire Hathaway Home Services California Properties

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,027

Year Built

2000

Lot Details

0

Listing Details

  • Active Date: 2015-09-14
  • Full Bathroom: 2
  • Building Size: 1472.0
  • Building Structure Style: Contemporary
  • Driving Directions: From Date Palm Drive take a left onto Varner RD. Turn right into Mountain View Rd. Turn left onto HAcienda Avenue, take the 3rd onto Hildalgo St. The house will be the first on your right.
  • Full Street Address: 12940 HIDALGO ST
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2016-02-27
  • View Type: City Lights View, Mountain View
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2000

Interior Features

  • Bathroom Features: Double Vanity(s)
  • Bedroom Features: Master Bedroom
  • Eating Areas: Dining Area, Family Kitchen, In Kitchen
  • Appliances: Oven
  • Advertising Remarks: Pre-approved short sale. Beautiful Single Family Home with amazing mountain views, perfect for a first time buyer or an investment purchase. With its elevated views of the Coachella Valley and thousands of acres of gorgeous mountain preserves, Desert Hot
  • Total Bedrooms: 3
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Fireplace: No
  • Appliances: Dishwasher, Garbage Disposal, Washer
  • Floor Material: Carpet
  • Kitchen Features: Island, Open to Family Room, Tile Counters
  • Laundry: In Garage
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 6970
  • Common Walls: Attached, Detached/No Common Walls
  • Fence: Block Wall

Garage/Parking

  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Bubbling Wells Elementary
  • Middle School: Desert Springs Middle
  • High School: Desert Hot Springs High

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jan 21, 2016
Sold by
Mercado Luis and Mercado Elisa
Bought by
Flores Roberto Guerrero and Lopez Cortes Adriana
Seller's Agent
Lisa Molinar
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Jorge Sanchez
Berkshire Hathaway Home Services California Properties
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$357,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,424
Avg. Annual Appreciation
8.33%
Original Mortgage
$161,029
Outstanding Balance
$127,902
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$229,422

Purchase Details

Closed on
Feb 26, 2006
Sold by
Mercado Luis and Mercado Elisa
Bought by
Mercado Luis and Mercado Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 25, 2003
Sold by
Wren Grace P and Martinson Francine
Bought by
Mercado Luis and Mercado Elisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,952
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2000
Sold by
Pio Richard K and Pio Cynthia L
Bought by
Wren Grace P and Martinson Francine

Purchase Details

Closed on
Dec 6, 1999
Sold by
Butler Ray Everett
Bought by
Pio Richard K and Pio Cynthia L

Purchase Details

Closed on
Jun 9, 1995
Sold by
Butler Vivion L
Bought by
Butler Vivion L
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
Flores Roberto Guerrero $164,000 Chicago Title Company
Mercado Luis -- First American Title Company
Mercado Luis $160,000 First American Title Co
Wren Grace P $116,000 First American Title Co
Pio Richard K $5,000 First American Title Co
Butler Vivion L -- --
Butler Ray Everett -- --
Butler Vivion L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Roberto Guerrero $161,029
Previous Owner Mercado Luis $200,000
Previous Owner Mercado Luis $151,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $164,900 0.0% $112 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $164,900 0.0% $112 / Sq Ft
09/10/2015 09/10/15 Off Market $164,900 -- --
06/10/2015 06/10/15 For Sale $164,900 -- $112 / Sq Ft
Source: The MLS

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 $3,027 $194,134 $29,115 $165,019
2023 $3,027 $186,598 $27,986 $158,612
2022 $2,963 $182,940 $27,438 $155,502
2021 $2,841 $179,353 $26,900 $152,453
2020 $2,727 $177,515 $26,625 $150,890
2019 $2,673 $174,035 $26,103 $147,932
2018 $2,604 $170,624 $25,593 $145,031
2017 $2,588 $167,280 $25,092 $142,188
2016 $3,022 $164,000 $22,000 $142,000
2015 $2,226 $145,000 $22,000 $123,000
2014 $1,743 $105,000 $16,000 $89,000
Source: Public Records

Agents Affiliated with this Home

  • Lisa Molinar

    Seller's Agent in 2016

    Lisa Molinar

    Berkshire Hathaway Home Services California Properties

    (760) 699-2715

    10 in this area

    59 Total Sales

    Lisa Molinar
    Section Image

  • J

    Buyer's Agent in 2016

    Jorge Sanchez

    Berkshire Hathaway Home Services California Properties

    Section Image
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Map

Source: The MLS

MLS Number: 15-913727PS

The MLS

APN: 642-142-006

California Riverside County Desert Hot Springs 92240

12940 Hidalgo St, Desert Hot Springs, CA

This home is located at 12940 Hidalgo St, Desert Hot Springs, CA 92240 since 10 June 2015 and is currently estimated at $357,324, approximately $242 per square foot. This property was built in 2000. 12940 Hidalgo St 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.

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