NOT LISTED FOR SALE

202 S Palm Dr Blythe, CA 92225

Estimated Value: $239,000 - $390,000

3 Beds
3 Baths
1,740 Sq Ft
$161/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $196,000 $113 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,735/month

136 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of February 2021

Amazing income property located in sunny, downtown Blythe, CA. Great location near schools, shopping and restaurants! Property consists of 3 units, each are 1 bedroom and 1 bath, and are currently rented out for $650.00 per month. Each unit has its own separate electric meter and gas meter. Owner is responsible for water and trash bill. Great income potential!!!

Last Agent to Sell the Property

Cynthia Logan

River Realty License #02112459 Listed on: 08/24/2020

Co-Listed By

John Salazar

River Realty License #01890760

Last Buyer's Agent

John Salazar

River Realty License #01890760

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 1975

Lot Details

  • 6,970 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • 1,740 Sq Ft Home
  • Triplex
  • Tile Roof
  • Stucco Exterior

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for trash collection, water
  • Assessor Parcel Number 848033001

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,174

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above
  • List Price per Sq Ft: 114.37
  • Lp Sp Ratio: 0.9800
  • Water District Name: City of Blythe
  • Year Built: 1975
  • Co Listing Member Address: 132 E. Hobsonway, Blythe, CA 92225
  • Co Listing Office Address: 132 E. Hobsonway, Blythe, CA 92225
  • Internal Listing I D: 20200824181752485189000000
  • Listing I D: 219048307
  • Listing Office Address: 132 E. Hobsonway, Blythe, CA 92225
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 132 E. Hobsonway, Blythe, CA 92225
  • Selling Office Address: 132 E. Hobsonway, Blythe, CA 92225
  • Street Direction: S
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 3
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 1740.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile

Garage/Parking

  • Parking: On Street

Utilities

  • Number Electric Meters: 3
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 3

Lot Info

  • Assessor Parcel Number: 848033001
  • Lot Location: Corner Lot
  • Lot Size: 6970.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Farkas Living Trust
Bought by
Richie Walter and Oo Chomya F
Current Estimated Value
$280,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$158,561
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$121,753

Purchase Details

Closed on
Jul 20, 2022
Sold by
Gregory Farkas
Bought by
Palo Verde Irrigation District

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$158,561
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$121,753

Purchase Details

Closed on
Sep 1, 2021
Sold by
Farkas Gregory and Farkas Lucinda
Bought by
Farkas Gregory and Farkas Lucinda

Purchase Details

Listed on
Aug 24, 2020
Closed on
Jan 19, 2021
Sold by
Riley Mary J
Bought by
Farkas Gregory and Farkas Lucinda
Seller's Agent
Cynthia Logan
River Realty
Buyer's Agent
John Salazar
River Realty
List Price
$199,000
Sold Price
$196,000
Premium/Discount to List
-$3,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$36,000
Interest Rate
2.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 4, 1993
Sold by
Lily Agajanian
Bought by
Agajanian Jonathan Avedick
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
Richie Walter $220,000 Fidelity National Title
Palo Verde Irrigation District -- --
Farkas Gregory -- None Available
Farkas Gregory $190,000 Orange Coast Title
Agajanian Jonathan Avedick -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richie Walter $165,000
Previous Owner Farkas Gregory $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $196,000 -1.5% $113 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
10/29/2020 10/29/20 For Sale $199,000 0.0% $114 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $199,000 -- $114 / 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 $3,174 $286,110 $83,232 $202,878
2023 $3,174 $275,000 $80,000 $195,000
2022 $2,210 $193,800 $48,960 $144,840
2021 $952 $80,756 $12,280 $68,476
2020 $943 $79,929 $12,155 $67,774
2019 $935 $78,363 $11,917 $66,446
2018 $878 $76,828 $11,685 $65,143
2017 $861 $75,322 $11,456 $63,866
2016 $854 $73,846 $11,232 $62,614
2015 $846 $72,738 $11,064 $61,674
2014 $815 $71,316 $10,849 $60,467
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cynthia Logan

    River Realty

  • J

    Seller Co-Listing Agent in 2021

    John Salazar

    River Realty

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219048307

California Desert Association of REALTORS®

APN: 848-033-001

California Riverside County Blythe 92225

202 S Palm Dr, Blythe, CA

This home is located at 202 S Palm Dr, Blythe, CA 92225 since 24 August 2020 and is currently estimated at $280,314, approximately $161 per square foot. This property was built in 1975. 202 S Palm Dr is a home located in Riverside County with nearby schools including Palo Verde High School and Scale Leadership Academy - East.

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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