NOT LISTED FOR SALE

13745 Richard Way Desert Hot Springs, CA 92240

Estimated Value: $391,000 - $509,000

6 Beds
4 Baths
2,420 Sq Ft
$190/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $259,900 $107 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,836/month

10 Days on Market

About This Home

As of February 2018

Great opportunity! 3 bedrooms/2 bath each unit. Open floor plan. Tile floor throughout, good size back yards and 2 car garage each. Must see.

Last Agent to Sell the Property

Jessica Oertel

Bennion Deville Homes License #01324948 Listed on: 12/29/2017

Bennion Deville Homes

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,065

Year Built

1991

Lot Details

0

Listing Details

  • Active Date: 2017-12-29
  • Building Size: 2420.0
  • Driving Directions: Please use GPS
  • Full Street Address: 13745 RICHARD WAY
  • Primary Object Modification Timestamp: 2018-03-02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1991

Interior Features

  • Additional Land Available: 21600.00
  • Advertising Remarks: Great opportunity! 3 bedrooms/2 bath each unit. Open floor plan. Tile floor throughout, good size back yards and 2 car garage each. Must see.
  • Assessed Improvement Value: 198066.00
  • Assessed Land Value: 22690.00
  • Total Bedrooms: 6
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Annual Expense: 3054.00
  • Gross Rent Multiplier: 4.00
  • Net Operating Income: 18546.00
  • Number Of Buildings: 2
  • Pool: No

Exterior Features

  • Lot Size Sq Ft: 6970

Garage/Parking

  • Parking Spaces Total: 4
  • Parking Type: Garage - 4+ Doors

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Gross Operating Income: 21600.00
  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2017
Closed on
Jan 2, 2018
Sold by
Wilhelm Nancy K
Bought by
Torres Juan Jose Meza and Meza Martin
Seller's Agent
Jessica Oertel
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$460,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,447
Avg. Annual Appreciation
7.70%
Original Mortgage
$255,192
Outstanding Balance
$215,407
Interest Rate
3.95%
Mortgage Type
FHA
Estimated Equity
$244,940

Purchase Details

Closed on
Sep 20, 2016
Sold by
Wilhelm Nancy K
Bought by
Wilhelm Nancy K

Purchase Details

Closed on
Dec 24, 2014
Sold by
Wilhelm Nancy K
Bought by
Wilhelm Nancy K

Purchase Details

Closed on
May 9, 2014
Sold by
Maze District Llc
Bought by
Wilhem Nancy K

Purchase Details

Closed on
Jun 14, 2007
Sold by
Wilhelm Donald Charles and Wilhelm Nancy K
Bought by
Maze District Llc
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
Torres Juan Jose Meza $260,000 Orange Coast Title Company
Wilhelm Nancy K -- None Available
Wilhelm Nancy K -- None Available
Wilhem Nancy K -- None Available
Maze District Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Juan Jose Meza $255,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2018 02/14/18 Sold $259,900 0.0% $107 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/29/2017 12/29/17 For Sale $259,900 -- $107 / Sq Ft
Source: Palm Springs Regional 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 $5,065 $295,715 $29,569 $266,146
2023 $5,065 $284,234 $28,422 $255,812
2022 $5,131 $278,662 $27,865 $250,797
2021 $5,051 $273,199 $27,319 $245,880
2020 $4,883 $270,398 $27,039 $243,359
2019 $4,806 $265,097 $26,509 $238,588
2018 $4,243 $225,170 $23,143 $202,027
2017 $4,111 $220,756 $22,690 $198,066
2016 $3,910 $216,429 $22,246 $194,183
2015 $2,788 $213,180 $21,913 $191,267
2014 $2,758 $209,006 $21,485 $187,521
Source: Public Records

Agents Affiliated with this Home

  • Jessica Oertel

    Seller's Agent in 2018

    Jessica Oertel

    Bennion Deville Homes

    (760) 275-8180

    13 in this area

    56 Total Sales

    Jessica Oertel
    Section Image

  • N

    Buyer's Agent in 2018

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 17-298640PS

APN: 641-303-011

California Riverside County Desert Hot Springs 92240

13745 Richard Way, Desert Hot Springs, CA

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