NOT LISTED FOR SALE

13723 Susan Way Desert Hot Springs, CA 92240

Estimated Value: $448,000 - $550,000

6 Beds
4 Baths
2,478 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $280,000 $113 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,138/month

76 Days on Market

Highlights

  • Spanish Architecture
  • Forced Air Heating System
  • South Facing Home

About This Home

As of June 2017

GREAT opportunity in Desert Hot Springs. This Duplex is fully rented by one tenant. Each unit is rented for $850.00 each unit. Current tenant pays cable, gas, electricity, water and trash.

Last Agent to Sell the Property

Gerald Green

Keller Williams Realty License #01981697 Listed on: 04/01/2017

Keller Williams Realty

Last Buyer's Agent

Katie McLaren

Tarbell REALTORS License #01459225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,825

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • South Facing Home

Home Design

  • 2,478 Sq Ft Home
  • Spanish Architecture
  • Stucco Exterior

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water, trash collection, gas
  • Assessor Parcel Number 641292027
  • Special Tax Authority

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $20,400
  • Net Operating Income $15,081

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,825

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces South
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 140000.00
  • Building Style: Spanish
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 112.99
  • Lp Sp Ratio: 1.0000
  • Year Built: 2006
  • Internal Listing I D: 20190608184748311378000000
  • Listing I D: 217009734
  • 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: 78-297 Highway 111, La Quinta, CA 92253
  • Selling Office Fax: (760) 777-7571
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 2
  • Number of Ranges: 2
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2478.00

Exterior Features

  • Construction: Stucco
  • Numberof Patios: 2

Garage/Parking

  • Parking Info Total Carport Spaces: 4.00
  • Parking Info Total Garage Spaces: 4.00
  • Parking Info Total Parking Spaces: 10.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Heating: Forced Air
  • Sewer: In Street Paid
  • Water: Water District
  • Number Gas Meter: 2
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 641292027
  • Lot Size: 10454.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water, Trash Collection, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Zhou Chang Yan and Loo Choy King
Bought by
The Zhou Protection Trust
Current Estimated Value
$507,000

Purchase Details

Listed on
Apr 1, 2017
Closed on
Jun 5, 2017
Sold by
Voss Warren E
Bought by
Zhou Chang Yan and Loo Choy King
Seller's Agent
Gerald Green
Keller Williams Realty
Buyer's Agent
Katie McLaren
Tarbell REALTORS
List Price
$280,000
Sold Price
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Closed on
Aug 12, 2010
Sold by
Wells Fargo Bank Na
Bought by
Voss Warren E and Warren E Voss Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2009
Sold by
Esparza Regino
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 17, 2006
Sold by
Esparza Maria
Bought by
Esparza Regino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,520
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2006
Sold by
J Nelson Enterprises Inc
Bought by
Esparza Regino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,520
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2004
Sold by
Wilhelm Don C and Wilhelm Nancy K
Bought by
Briggs Gary W and Briggs Joy H
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
The Zhou Protection Trust -- None Available
Zhou Chang Yan $98,181 Orange Coast Title Co
Voss Warren E $136,000 Lawyers Title Company
Wells Fargo Bank Na $375,000 None Available
Esparza Regino -- First American Title Company
Esparza Regino $457,000 First American Title Company
Briggs Gary W $67,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Voss Warren E $102,000
Previous Owner Esparza Regino $365,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2017 06/20/17 Sold $280,000 0.0% $113 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $280,000 -- $113 / 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 $5,825 $324,956 $32,493 $292,463
2023 $5,825 $312,339 $31,232 $281,107
2022 $5,899 $306,216 $30,620 $275,596
2021 $5,812 $300,213 $30,020 $270,193
2020 $5,627 $297,136 $29,713 $267,423
2019 $5,545 $291,311 $29,131 $262,180
2018 $5,408 $285,600 $28,560 $257,040
2017 $3,639 $150,122 $37,528 $112,594
2016 $3,464 $147,180 $36,793 $110,387
2015 $2,374 $144,972 $36,242 $108,730
2014 $2,351 $142,134 $35,533 $106,601
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    Gerald Green

    Keller Williams Realty

    Section Image

  • K

    Buyer's Agent in 2017

    Katie McLaren

    Tarbell REALTORS

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217009734

California Desert Association of REALTORS®

APN: 641-292-027

California Riverside County Desert Hot Springs 92240

13723 Susan Way, Desert Hot Springs, CA

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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