NOT LISTED FOR SALE

2902 Frying Pan Rd Borrego Springs, CA 92004

Estimated Value: $288,000 - $339,000

2 Beds
1 Bath
1,312 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 25, 2022

Last sale price $237,000 $181 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,961/month

93 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Grid-tied solar system exports excess electricity
  • Desert View
  • Laundry Room
  • Central Air

About This Home

As of June 2022

Sweet 2 bedroom 1 bath home on a cul de sac. Some of its terrific features include laminate flooring, spacious kitchen, wood burning fireplace, fenced yard, viewing deck and a converted garage that can be used as a bedroom or family room. Leased solar.

Last Listed By

Kathy King

Coldwell Banker Borrego License #01444867 Listed on: 02/05/2022

Coldwell Banker Borrego

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,631

Year Built

  • Built in 1981

Lot Details

  • 0.52 Acre Lot
  • Rural Setting
  • Level Lot
  • Property is zoned R-1:SINGLE FAM-RES

Property Views

  • Desert
  • Neighborhood

Interior Spaces

  • 1,312 Sq Ft Home
  • Wood Burning Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Eco-Friendly Details

  • Grid-tied solar system exports excess electricity

Utilities

  • Central Air
  • No Heating
  • Standard Electricity

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 2815
  • Assessor Parcel Number 1982301000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,631

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R-1:SINGLE FAM-RES
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1982301000
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1312.00
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Levels: One
  • Price Per Square Foot: 180.64
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Desert, Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Electric: Photovoltaics on Grid, Standard
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Borrego Springs Unified

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 22651.20
  • Lot Size Acres: 0.5200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.5200 Acres

Tax Info

  • Tax Tract Number: 002815

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
May 12, 2022
Sold by
Rae Read Michaelyn
Bought by
Korsun Andriy and Korsun Tetiana
Seller's Agent
Kathy King
Coldwell Banker Borrego
Buyer's Agent
Kathy King
Coldwell Banker Borrego
List Price
$300,000
Sold Price
$237,000
Premium/Discount to List
-$63,000
-21%
Total Days on Market
93
Current Estimated Value
$311,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,255
Avg. Annual Appreciation
9.78%

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jun 11, 2018
Sold by
Asche Alan Matthew and Asche Amanda
Bought by
Read Michaelyn Rae
Seller's Agent
Sylvana Meeks
Coldwell Banker Borrego
Buyer's Agent
Louie Zember
Zember Realty Group
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$140,160
Interest Rate
4.6%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 15, 2016
Closed on
Apr 27, 2016
Sold by
Cobb Raymond M
Bought by
Asche Alan Matthew and Asche Amanda
Seller's Agent
Sylvana Meeks
Coldwell Banker Borrego
Buyer's Agent
Sylvana Meeks
Coldwell Banker Borrego
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%
Original Mortgage
$108,000
Interest Rate
3.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 24, 1996
Sold by
Williams Robert Lee
Bought by
Cobb Raymond M

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
Korsun Andriy $237,000 Ticor Title
Read Michaelyn Rae $145,000 Ticor Title Company San Dieg
Asche Alan Matthew $115,000 Chicago Title Company
Cobb Raymond M $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Read Michaelyn Rae $135,929
Previous Owner Read Michaelyn Rae $140,160
Previous Owner Asche Alan Matthew $108,000
Closed Korsun Andriy $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2022 06/25/22 Sold $237,000 -12.2% $181 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/16/2022 04/16/22 Price Changed $270,000 -3.6% $206 / Sq Ft
03/29/2022 03/29/22 Price Changed $280,000 -3.4% $213 / Sq Ft
02/22/2022 02/22/22 Price Changed $290,000 -3.3% $221 / Sq Ft
02/05/2022 02/05/22 For Sale $300,000 +106.9% $229 / Sq Ft
07/02/2018 07/02/18 Sold $145,000 -3.3% $111 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $150,000 +30.4% $114 / Sq Ft
06/06/2016 06/06/16 Sold $115,000 0.0% $121 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $115,000 -- $121 / 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 $2,631 $236,000 $136,000 $100,000
2023 $2,413 $216,000 $124,000 $92,000
2022 $1,743 $152,419 $36,790 $115,629
2021 $1,713 $149,431 $36,069 $113,362
2020 $1,708 $147,900 $35,700 $112,200
2019 $1,592 $145,000 $35,000 $110,000
2018 $1,332 $119,646 $31,212 $88,434
2017 $1,307 $117,300 $30,600 $86,700
2016 $1,147 $109,196 $28,055 $81,141
2015 $1,131 $107,557 $27,634 $79,923
2014 $1,106 $105,451 $27,093 $78,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2201090

California Regional Multiple Listing Service (CRMLS)

APN: 198-230-10