NOT LISTED FOR SALE

16972 Palm Dr Desert Hot Springs, CA 92240

2.9 Acres
-- Price per Acre
126,324 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $1,300,000

101 Days on Market

About This Lot

As of February 2021

This home is located at 16972 Palm Dr, Desert Hot Springs, CA 92240 since 09 June 2020. 16972 Palm Dr is a home located in Riverside County with nearby schools including Bubbling Wells Elementary School, Desert Springs Middle School, and Desert Hot Springs High School.

Last Agent to Sell the Property

Michelle Goodman

Rimrock Properties License #01786917 Listed on: 06/09/2020

Last Buyer's Agent

Kate Rust

Wilson-Meade Commercial Real Estate License #01267678

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,288

Lot Details

  • 2.9

Additional Features

  • 2.9 Acre Lot
  • Sewer in Street

Community Details

  • Lt Mor Undev. 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6571220131418192021

Property Details

Property Type

Land

Est. Annual Taxes

$4,288

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.5200
  • Internal Listing I D: 20200609200455270711000000
  • Listing I D: 219044360
  • Listing Member Address: 1255 W. Colton Ave #120, Redlands, CA 92374
  • Listing Office Address: 1255 W. Colton Ave #120, Redlands, CA 92374
  • Listing Office Fax: (909) 792-3938
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 72100 Magnesia Falls Dr. Ste 2, Rancho Mirage, CA 92270
  • Selling Member Fax: (760) 779-0673
  • Selling Office Address: 72100 Magnesia Falls Dr. Ste 2, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 837-0036
  • Land Type: Fee
  • Subdivision: Lt Mor Undev. 3
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: In Street Paid

Lot Info

  • Assessor Parcel Number: 6571220131418192021
  • Lot Acres: 2.9000
  • Lot Size: 126324.00
  • List Price per Acre: 862068.97
  • Potential Use: Automotive, Mixed Use, Retail

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2020
Sold by
Lee Anthony and Lee Christine
Bought by
Akusyn Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,800
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Gaurano Luis and Gaurano Valerie
Bought by
Lee Anthony and Lee Christina

Purchase Details

Closed on
Nov 12, 2004
Sold by
Eldridge Arthur E and Eldridge Linden G
Bought by
Gaurano Luis and Gaurano Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
Akusyn Inc $1,300,000 Wfg National Title Co Of Ca
Lee Anthony $1,800,000 Financial Title Company
Gaurano Luis $450,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akusyn Inc $1,020,800
Previous Owner Gaurano Luis $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2021 02/17/21 Sold $1,300,000 0.0% --
12/20/2020 12/20/20 Off Market $1,300,000 -- --
09/18/2020 09/18/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $2,500,000 -- --
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 $4,288 $333,387 $268,442 $64,945
2023 $4,288 $320,443 $258,019 $62,424
2022 $4,371 $314,160 $252,960 $61,200
2021 $2,133 $141,051 $123,915 $17,136
2020 $2,067 $141,051 $123,915 $17,136
2019 $2,033 $138,285 $121,485 $16,800
2018 $2,083 $138,285 $121,485 $16,800
2017 $2,034 $138,285 $121,485 $16,800
2016 $2,013 $138,285 $121,485 $16,800
2015 $1,967 $138,285 $121,485 $16,800
2014 $1,906 $131,700 $115,700 $16,000
Source: Public Records

Agents Affiliated with this Home

  • Michelle Goodman

    Seller's Agent in 2021

    Michelle Goodman

    Rimrock Properties

    (760) 333-7239

    4 in this area

    6 Total Sales

    Michelle Goodman
    Section Image
  • Kate Rust

    Buyer's Agent in 2021

    Kate Rust

    Wilson-Meade Commercial Real Estate

    (760) 409-1532

    5 in this area

    53 Total Sales

    Kate Rust
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219044360

California Desert Association of REALTORS®

APN: 657-122-019

California Riverside County Desert Hot Springs 92240

16972 Palm Dr, Desert Hot Springs, CA

This home is located at 16972 Palm Dr, Desert Hot Springs, CA 92240 since 09 June 2020. 16972 Palm Dr is a home located in Riverside County with nearby schools including Bubbling Wells Elementary School, Desert Springs Middle School, and Desert Hot Springs High School.

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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