NOT LISTED FOR SALE

Estimated Value: $512,000 - $593,000

6 Beds
4 Baths
2,462 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 09, 2024

Last sale price $580,000 $236 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,495/month

121 Days on Market

Highlights

  • Mountain View
  • Front Porch
  • Central Heating and Cooling System
  • Contemporary Architecture
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of April 2024

Great investment opportunity in the heart of Desert Hot Springs. This duplex shows pride of ownership and is well cared for by its current owner who personally manages and maintains the unit. Solid long-term tenants in place. Location is amazing, with Desert Springs middle school around the block and further down the street off Palm Drive you will find Desert Hot Springs Public Library, as well as the Desert Hot Springs Soccer Park which is adjacent to Mission Springs Park. Vons shopping center is on the corner of Palm Drive and Two Bunch Palms Trail, where you'll find an auto repair shop, banking, gas station, UPS Store, and McDonalds, along with other retail. Public transportation is in close proximity and there are several eateries and fast food restaurants including Burger King, Castaneda's Mexican Food, and Starbucks to name a few. Do not disturb tenants, drive by only. Call for details.

Last Agent to Sell the Property

Israel Hernandez

Fathom Realty Group Inc. License #01961316 Listed on: 10/07/2023

Fathom Realty Group Inc.

Last Buyer's Agent

Non-member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,842

Year Built

  • Built in 1991

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 63 x 135
  • West Facing Home
  • Rectangular Lot
  • Drip System Landscaping

Parking

  • 4 Car Garage
  • Driveway

Property Views

  • Mountain
  • Hills

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,462 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Sewer Assessments

Additional Features

  • Front Porch
  • City Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 641-311-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,842

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Great investment opportunity in the heart of Desert Hot Springs. This duplex is well cared for by its current owner who personally manages and maintains the unit. Solid long-term tenants in place. Location is amazing, with Desert Springs middle school around the block and further down the street off Palm Drive you will find Desert Hot Springs Public Library, as well as the Desert Hot Springs Soccer Park which is adjacent to Mission Springs Park. Vons shopping center is on the corner of Palm Drive and Two Bunch Palms Trail, where you'll find an auto repair shop, banking, gas station, UPS Store, and McDonalds, along with other retail. Public transportation is in close proximity and there are several eateries and fast food restaurants including Burger King, Castaneda's Mexican Food, and Starbucks to name a few. Do not disturb tenants. Call Israel Hernandez for details (760) 610-36
  • Builders Tract Code: Not in a Development
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 2462
  • Lot Acreage: 0.1900
  • Lot Dimensions: 63 x 135
  • Probate: No
  • Stories: 1
  • Year Built: 1991
  • Builders Tract Name: Not in a Development
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 6
  • Common Walls: Attached
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 243.70

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Slab
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Concrete Slab, Covered, Porch - Front
  • Pool: No
  • Roof: Concrete, Tile
  • Spa Yn: No
  • View: Mountains, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached, Driveway - Concrete, Private Garage
  • Total Parking: 4

Utilities

  • Water District: Mission Springs
  • Water Heater: Gas
  • Cooling: Ceiling Fan, Central
  • Heating: Natural Gas, Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street, In Connected and Paid, Assessments
  • Water: Water District
  • Water Heaters: Yes

Schools

  • School District: Palm Springs Unified

Lot Info

  • Sprinklers: Drip System
  • Additions Alterations: No
  • Assessed Improvement Percent: 93.36
  • Assessed Improvement Value: 295380
  • Assessed Land Percent: 6.64
  • Assessed Land Value: 21023
  • Total Assessed Value: 316403
  • Assessor Parcel Number: 641-311-022
  • Lot Description: Lot Shape-Rectangular, Street Paved
  • Lot Location: City
  • Lot Size Area: 8276

Rental Info

  • Total Actual Rent: 35976.00
  • Land Lease Type: Fee
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.68
  • Number Of Units: 2
  • Total Annual Expense: 2400
  • Type Of Units: Duplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Villalobos Juan Carlos and Cohn Edelmira
Bought by
Delatorre Axel Yael Gutierr
Current Estimated Value
$552,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,642
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 5, 2019
Closed on
Aug 28, 2019
Sold by
Kinkhart Jerrol W and Linkhart Clintie J
Bought by
Villalobos Juan Carlos and Villalobos Colin Edelmira
Seller's Agent
Steve Mogavero
Desert Properties of Coachella Valley
Buyer's Agent
Israel Hernandez
Fathom Realty Group Inc.
List Price
$299,995
Sold Price
$300,000
Premium/Discount to List
$5
0.002%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%
Original Mortgage
$225,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2002
Sold by
Linkhart Jerrol W and Linkhart Clintie J
Bought by
Linkhart Jerrol W and Linkhart Clintie J
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
Delatorre Axel Yael Gutierr $580,000 First American Title
Villalobos Juan Carlos $301,000 Orange Coast Title
Linkhart Jerrol W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierr Dela Torre Axel Yael $563,976
Previous Owner Delatorre Axel Yael Gutierr $560,642
Previous Owner Villalobos Juan Carlos $287,000
Previous Owner Villalobos Juan Carlos $225,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $580,000 -3.3% $236 / Sq Ft
02/05/2024 02/05/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $600,000 +3.4% $244 / Sq Ft
01/31/2024 01/31/24 Off Market $580,000 -- --
12/01/2023 12/01/23 For Sale $600,000 +3.4% $244 / Sq Ft
11/30/2023 11/30/23 Off Market $580,000 -- --
10/07/2023 10/07/23 For Sale $600,000 +100.0% $244 / Sq Ft
10/07/2019 10/07/19 Sold $300,000 0.0% $122 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $299,995 -- $122 / 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 $5,842 $591,600 $118,320 $473,280
2023 $5,842 $316,403 $21,023 $295,380
2022 $5,411 $310,200 $20,611 $289,589
2021 $5,322 $304,118 $20,207 $283,911
2020 $5,136 $301,000 $20,000 $281,000
2019 $4,228 $228,239 $20,587 $207,652
2018 $4,127 $223,765 $20,185 $203,580
2017 $4,025 $219,379 $19,790 $199,589
2016 $3,864 $215,078 $19,402 $195,676
2015 $3,114 $211,849 $19,111 $192,738
2014 $3,085 $207,701 $18,738 $188,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-319049

The MLS

APN: 641-311-022