NOT LISTED FOR SALE

Estimated Value: $128,000 - $459,000

4 Beds
4 Baths
2,016 Sq Ft
$162/Sq Ft Est. Value

Last Sold January 28, 2015

Last sale price $157,000 $78 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,061/month

89 Days on Market

About This Home

As of January 2015

Nicely maintained duplex, with 2 bedrooms/2 baths on each side. Roof was recently replaced, & property was connected to city sewer Sept 2014. Low maintenance landscape. Long-term tenants already in place!

Last Agent to Sell the Property

James Applegate

AC Palm Desert Referrals License #01943224 Listed on: 10/01/2014

Last Buyer's Agent

James Applegate

AC Palm Desert Referrals License #01943224

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,733

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Active Date: 2014-10-01
  • Building Size: 2016.0
  • Driving Directions: From the 10 Freeway; North on Palm Drive(Gene Autry), West(left) on Two Bunch Palms Trail, North(right) on West Drive, 2nd property on right
  • Full Street Address: 13950 WEST DR
  • Primary Object Modification Timestamp: 2015-02-03
  • Total Number of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1986

Interior Features

  • Advertising Remarks: Nicely maintained duplex, with 2 bedrooms/2 baths on each side. Roof was recently replaced, & property was connected to city sewer Sept 2014. Low maintenance landscape. Long-term tenants already in place!
  • Assessed Land Value: 23322.00
  • Total Bedrooms: 4
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Construction: Frame and Stucco
  • Expense Water: 480.00
  • Number Carpet: 1
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Leased: 2
  • Number Of Buildings: 1
  • Owner Pays: Water
  • Appliances: Dishwasher, Garbage Disposal
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 7405
  • Common Walls: Attached
  • Construction: Stucco
  • Roofing: Composition Shingle

Garage/Parking

  • Other Spaces: 2
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Spaces Total: 2
  • Parking Type: Garage

Utilities

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

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Jan 15, 2015
Sold by
Salmon Erica and Sheppard Erica
Bought by
Ames Rick and The Ames Family Trust
Seller's Agent
James Applegate
AC Palm Desert Referrals
Buyer's Agent
James Applegate
AC Palm Desert Referrals
List Price
$174,900
Sold Price
$157,000
Premium/Discount to List
-$17,900
-10.23%
Current Estimated Value
$321,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,317
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Oct 15, 2013
Sold by
Salmon Michael
Bought by
Sheppard Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2013
Sold by
N & N Ventures Llc
Bought by
Sheppard Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2009
Sold by
The 13950 West Drive Trust
Bought by
N & N Ventures Llc

Purchase Details

Closed on
Sep 3, 2009
Sold by
Ruegg Doris J
Bought by
The 13950 West Drive Trust and Ms Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,100
Interest Rate
5.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2005
Sold by
Ruegg Doris J
Bought by
Ruegg Doris J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2001
Sold by
Ruegg Roland H
Bought by
Ruegg Doris J
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
Ames Rick $157,000 Equity Title
Sheppard Erica -- Fidelity National Title Co
Sheppard Erica $135,000 Fidelity National Title Co
N & N Ventures Llc $89,000 Multiple
The 13950 West Drive Trust $52,100 None Available
Ruegg Doris J -- First American Title Company
Ruegg Doris J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheppard Erica $101,250
Previous Owner Westminster Realty Inc $52,100
Previous Owner Ruegg Doris J $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2015 01/28/15 Sold $157,000 -10.2% $78 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $174,900 -- $87 / 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 $3,733 $188,678 $18,863 $169,815
2023 $3,733 $181,354 $18,132 $163,222
2022 $3,770 $177,799 $17,777 $160,022
2021 $3,717 $174,314 $17,429 $156,885
2020 $3,608 $172,528 $17,251 $155,277
2019 $3,561 $169,146 $16,913 $152,233
2018 $3,474 $165,831 $16,582 $149,249
2017 $3,382 $162,580 $16,257 $146,323
2016 $3,243 $159,393 $15,939 $143,454
2015 $2,286 $137,696 $13,769 $123,927
2014 $2,263 $135,000 $13,500 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-793887PS

APN: 641-231-008