NOT LISTED FOR SALE

31690 Rosemary Ln Thousand Palms, CA 92276

Estimated Value: $395,975 - $474,000

2 Beds
1 Bath
1,680 Sq Ft
$256/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $155,000 $92 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $2,917/month

61 Days on Market

About This Home

As of October 2016

This is a lovely little duplex in the heart of Thousand Palms close to Parks, shopping centers and the freeway! It offers peaceful seclusion for with a small town feel but is minutes away from the hustle and bustle of Palm Springs and what the whole Coachella Valley has to offer! This growing area offers a great opportunity to invest now! Live in one unit and rent the other or rent out both! Each unit has a spacious 2 bedrooms and 1 bath, central air conditioning and plenty of parking. Don't let this one pass you by! Please do not disturb tenants! Send in your offer subject to inspection!

Last Agent to Sell the Property

ARELI ZERMENO

EZE REALTY License #01416471 Listed on: 07/07/2016

Last Buyer's Agent

Trish Wortman

Keller Williams Realty License #01077751

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,630

Year Built

  • Built in 1985

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Density is up to 1 Unit/Acre

Home Design

  • 1,680 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 445
  • Assessor Parcel Number 650131009

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $3,600
  • Insurance Expense $1,440
  • Trash Expense $360
  • Water Sewer Expense $780
  • New Taxes Expense $2,649
  • Gross Income $1,800
  • Net Operating Income $12,411

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,630

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 780.00
  • Property Type: Residential Income
  • Parcel Number: 650131009
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 92.26

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7405.00
  • Price Per Lot Square Foot: 21.61

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1440.00
  • Net Operating Income: 12411.00
  • Number Of Units Total: 2
  • Operating Expense: 9189.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2649.00
  • Tax Lot: 18
  • Tax Tract Number: 445.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Luis Vasquez Jose
Bought by
Hernandez Estevan Villalba and Villalba Kimberly Ochoa
Current Estimated Value
$433,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 7, 2016
Closed on
Oct 17, 2016
Sold by
Vasquez Maria Leticia
Bought by
Vazquez Jose Luis
Seller's Agent
ARELI ZERMENO
EZE REALTY
Buyer's Agent
Trish Wortman
Keller Williams Realty
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$103,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 7, 2016
Closed on
Oct 10, 2016
Sold by
Ortega Manuel
Bought by
Aguayo Laura Alicia
Seller's Agent
ARELI ZERMENO
EZE REALTY
Buyer's Agent
Trish Wortman
Keller Williams Realty
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 21, 2016
Sold by
Aguayo Laura Alicia
Bought by
Vazquez Jose Luis
Seller's Agent
ARELI ZERMENO
EZE REALTY
Buyer's Agent
Trish Wortman
Keller Williams Realty
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 8, 2011
Sold by
Mexia Jess
Bought by
Aguayo Laura Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,819
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 2003
Sold by
Kirkham Joseph C
Bought by
Mexia Jess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2001
Sold by
Woods Sterling G and Woods Sterling Grant
Bought by
Kirkham Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,578
Interest Rate
7.21%
Mortgage Type
FHA
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
Hernandez Estevan Villalba $360,000 None Listed On Document
Vazquez Jose Luis -- Fidelity National Title Co
Aguayo Laura Alicia -- Fidelity National Title Co
Vazquez Jose Luis $155,000 Fidelity National Title Co
Aguayo Laura Alicia $86,000 Orange Coast Title Co
Mexia Jess $172,000 Ticor Title
Kirkham Joseph C $92,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Estevan Villalba $353,479
Previous Owner Vazquez Jose Luis $103,000
Previous Owner Aguayo Laura Alicia $83,819
Previous Owner Mexia Jess $270,400
Previous Owner Mexia Jess $255,000
Previous Owner Mexia Jess $137,600
Previous Owner Kirkham Joseph C $90,578
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $155,000 -3.1% $92 / Sq Ft
09/06/2016 09/06/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $160,000 -- $95 / 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
2025 $6,630 $382,034 $116,732 $265,302
2023 $6,630 $367,200 $112,200 $255,000
2022 $4,104 $169,512 $33,901 $135,611
2021 $3,714 $166,189 $33,237 $132,952
2020 $3,597 $164,486 $32,897 $131,589
2019 $3,555 $161,261 $32,252 $129,009
2018 $3,518 $158,100 $31,620 $126,480
2017 $3,487 $155,000 $31,000 $124,000
2016 $2,697 $93,069 $21,643 $71,426
2015 $2,649 $91,673 $21,319 $70,354
2014 $2,316 $89,879 $20,902 $68,977
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    ARELI ZERMENO

    EZE REALTY

    (951) 332-6496

    8 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Trish Wortman

    Keller Williams Realty

    (760) 408-9558

    3 in this area

    13 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16150512

California Regional Multiple Listing Service (CRMLS)

APN: 650-131-009

California Riverside County Thousand Palms 92276

31690 Rosemary Ln, Thousand Palms, CA

This home is located at 31690 Rosemary Ln, Thousand Palms, CA 92276 since 07 July 2016 and is currently estimated at $429,994, approximately $255 per square foot. This property was built in 1985. 31690 Rosemary Ln is a home located in Riverside County with nearby schools including Della S. Lindley Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

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 Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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