NOT LISTED FOR SALE

2817 Double O Rd Borrego Springs, CA 92004

Estimated Value: $132,000 - $152,855

1 Bed
1 Bath
1,654 Sq Ft
$85/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $239,900 $145 Per Sq Ft

Est. 42% decrease in value since last sale

Current estimated payment $905/month

130 Days on Market

Highlights

  • Spa
  • Fireplace
  • Views
  • No HOA
  • Cooling Available
  • Laundry Room

About This Home

As of August 2021

Very nice duplex with long term renters. Each unit in this duplex has its own attached garage, updated flooring, and kitchen.

Last Listed By

Kathy King

Coldwell Banker Borrego License #01444867 Listed on: 01/06/2021

Coldwell Banker Borrego

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1974

Lot Details

  • 0.61 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Fenced
  • Level Lot
  • 198-091-12-02

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 1,654 Sq Ft Home
  • Fireplace
  • Laundry Room
  • Property Views

Pool

  • Spa

Utilities

  • Cooling Available
  • Heating Available
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 156
  • Tax Tract Number 2400
  • Assessor Parcel Number 1980911201

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $100
  • Trash Expense $55
  • New Taxes Expense $85
  • Operating Expense $140
  • Gross Income $1,600
  • Net Operating Income $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,466

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.75
  • Property Attached: Yes
  • View: Yes
  • Zoning: Res
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1980911201
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Price Per Square Foot: 145.04

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Trash Expense: 55.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 198-091-12-02
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 26571.60
  • Lot Size Acres: 0.6100

Multi Family

  • Gross Income: 1600.00
  • Gross Scheduled Income: 1600.00
  • Insurance Expense: 100.00
  • Lot Size Area: 0.6100 Acres
  • Net Operating Income: 1350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 250.00
  • Rent Control: No
  • Total Actual Rent: 1600.00
  • Total Expenses: 140.00

Tax Info

  • New Taxes Expense: 85.00
  • Tax Lot: 156
  • Tax Tract Number: 2400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jun 17, 2021
Sold by
Peterson Ned Alan and Ned Alan Peterson Trust Of 200
Bought by
Liberto Shelley Matthew and Shelley Matthew Liberto Living
Seller's Agent
Kathy King
Coldwell Banker Borrego
Buyer's Agent
Kathy King
Coldwell Banker Borrego
List Price
$239,900
Sold Price
$239,900
Total Days on Market
130
Current Estimated Value
$139,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,948

Purchase Details

Closed on
Jul 23, 2004
Sold by
Paterson Ned Alan
Bought by
Paterson Ned Alan

Purchase Details

Closed on
Nov 7, 2001
Sold by
Paterson Ned Alan and Paterson Laura Faelynn
Bought by
Paterson Ned Alan

Purchase Details

Closed on
Mar 5, 1997
Sold by
Sonneborn Robert H
Bought by
Paterson Ned Alan and Paterson Laura Faelynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,500
Interest Rate
7.63%
Mortgage Type
Seller Take Back

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
Liberto Shelley Matthew $240,000 Ticor Ttl Co Of Ca Sd Branch
Paterson Ned Alan -- --
Paterson Ned Alan -- --
Paterson Ned Alan -- Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paterson Ned Alan $110,000
Previous Owner Paterson Ned Alan $34,400
Previous Owner Paterson Ned Alan $18,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $239,900 0.0% $145 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $239,900 0.0% $145 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
02/26/2021 02/26/21 Price Changed $239,900 -4.0% $145 / Sq Ft
02/09/2021 02/09/21 Price Changed $249,900 -7.4% $151 / Sq Ft
01/11/2021 01/11/21 For Sale $269,900 -- $163 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $1,466 $124,795 $78,030 $46,765
2023 $1,437 $122,349 $76,500 $45,849
2022 $1,417 $35,709 $9,013 $26,696
2021 $516 $35,709 $9,013 $26,696
2020 $515 $35,344 $8,921 $26,423
2019 $487 $34,652 $8,747 $25,905
2018 $480 $33,974 $8,576 $25,398
2017 $472 $33,308 $8,408 $24,900
2016 $463 $32,656 $8,244 $24,412
2015 $458 $32,167 $8,121 $24,046
2014 $451 $31,537 $7,962 $23,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2100357

California Regional Multiple Listing Service (CRMLS)

APN: 198-091-12-02