NOT LISTED FOR SALE

31037 Monte Vista Way Thousand Palms, CA 92276

Estimated Value: $381,000 - $466,000

4 Beds
3 Baths
1,610 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $240,000 $149 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,766/month

121 Days on Market

Highlights

  • Guest House
  • 2 Car Attached Garage
  • 1-Story Property
  • Lawn
  • Tile Flooring
  • Central Air

About This Home

As of August 2016

Fantastic Investment opportunity!! Standard Sale, quick response! This property consists of two homes, main home is a three bedroom, 2 bath with 2 car garage, second is a one bedroom, one bath with its own driveway and yard, each has its own laundry hook ups, collect double rents or live in one and receive assistance paying your mortgage! What a great deal, close to Agua Caliente Casino, easy access to freeway, Call me for a showing appointment today, wont last long!!

Last Agent to Sell the Property

Veronica Morin

License #01728702 Listed on: 03/12/2016

Last Buyer's Agent

Laura Arellano

Coldwell Banker Residential Brokerage License #01359971

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,686

Year Built

  • Built in 1995

Lot Details

  • 7,405 Sq Ft Lot
  • Lawn

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Gas Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Sewer in Street

Community Details

  • Thousand Palms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 650143002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,686

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA320
  • List Price per Sq Ft: 155.28
  • Lp Sp Ratio: 0.9600
  • Year Built: 1995
  • Listing I D: 216009554
  • Listing Office Address: 81-703 Highway 111, Indio Office, Indio, CA 92201
  • Listing Office Fax: (760) 347-2382
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Thousand Palms
  • Special Features: None

Interior Features

  • Appliances: Gas Dryer Hookup
  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 1610.00

Exterior Features

  • Other Structures: Guest House/Casita

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Cooling Type: Central Air
  • Sewer: In Street Paid

Lot Info

  • Assessor Parcel Number: 650143002
  • Lot Acres: 0.1700
  • Lot Description: Lawn
  • Lot Size: 7405.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Juarez Lilia Lugo
Bought by
Lugo Claudia Patricia
Current Estimated Value
$436,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Outstanding Balance
$179,885
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$256,813

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jul 15, 2016
Sold by
Aceves Aaron and Aceves Melva G
Bought by
Lugo Claudia Patricia
Seller's Agent
Veronica Morin
Buyer's Agent
Laura Arellano
Coldwell Banker Residential Brokerage
List Price
$275,000
Sold Price
$240,000
Premium/Discount to List
-$35,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$235,653
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2012
Sold by
Aceves Aaron
Bought by
Aceves Aaron and Aceves Melva G

Purchase Details

Closed on
Nov 2, 2011
Sold by
Delcid Teofilo and Del Cid Fidelino
Bought by
Aceves Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,958
Interest Rate
3.94%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2004
Sold by
Delcid Elida Marina
Bought by
Delcid Fedelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,200
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2004
Sold by
Delcid Maria D
Bought by
Delcid Teofilo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,200
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Delcid Ruben and Tovar Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,841
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 2000
Sold by
Tapia Mario and Tapia Antonio Jimenez
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
May 28, 1996
Sold by
Jimenez Elsa L
Bought by
Tapia Antonio Jimenez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.96%

Purchase Details

Closed on
Dec 20, 1995
Sold by
Meza Carmen Yolanda
Bought by
Tapia Mario
Source: Public Records

Range of Values:

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Average Value
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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
Lugo Claudia Patricia -- First American Title Ins Co
Lugo Claudia Patricia -- First American Title Ins Co
Lugo Claudia Patricia $240,000 Lawyers Title Co
Aceves Aaron -- None Available
Aceves Aaron $120,000 Western Resources Title
Delcid Fedelino -- First American Title Co
Delcid Teofilo -- First American Title Co
Delcid Teofilo $274,000 First American Title Co
Delcid Ruben $104,000 Fidelity National Title Co
Chase Manhattan Mtg Corp $106,104 Lawyers Title Company
Tapia Antonio Jimenez -- Stewart Title Company
Tapia Mario $95,000 Stewart Title
Tapia Mario -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Claudia Patricia $90,000
Open Lugo Claudia Patricia $219,500
Closed Lugo Claudia Patricia $20,000
Closed Lugo Claudia Patricia $235,653
Previous Owner Aceves Aaron $116,958
Previous Owner Delcid Teofilo $296,000
Previous Owner Delcid Teofilo $241,200
Previous Owner Delcid Ruben $109,620
Previous Owner Delcid Ruben $103,841
Previous Owner Tapia Mario $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2016 08/25/16 Sold $240,000 -4.0% $149 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
05/21/2016 05/21/16 Price Changed $250,000 -3.5% $155 / Sq Ft
04/30/2016 04/30/16 Price Changed $259,000 -4.1% $161 / Sq Ft
04/13/2016 04/13/16 Price Changed $270,000 -1.8% $168 / Sq Ft
03/12/2016 03/12/16 For Sale $275,000 -- $171 / 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 $4,686 $278,533 $55,704 $222,829
2023 $4,686 $267,719 $53,542 $214,177
2022 $4,609 $262,471 $52,493 $209,978
2021 $4,512 $257,325 $51,464 $205,861
2020 $4,335 $254,688 $50,937 $203,751
2019 $4,274 $249,695 $49,939 $199,756
2018 $4,215 $244,800 $48,960 $195,840
2017 $4,185 $240,000 $48,000 $192,000
2016 $2,861 $127,319 $25,461 $101,858
2015 $2,797 $125,409 $25,080 $100,329
2014 $2,766 $122,954 $24,590 $98,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216009554

California Desert Association of REALTORS®

APN: 650-143-002