NOT LISTED FOR SALE

Estimated Value: $468,000 - $618,588

6 Beds
4 Baths
2,774 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $365,000 $132 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,552/month

136 Days on Market

About This Home

As of September 2019

All Spruced up and ready to sell!! **Duplex** 2 unit duplex. Each unit has 3 bedrooms and 2 bathrooms plus its own 1 car garage, as well as separate front and back yards. Owner has just done some updating to kitchens. Units have fresh paint, New flooring in bedrooms.There is no carpet. Both units have newer appliances. AC is serviced seasonally. Water heaters were replaced last year. Tenants have been there for approx 8 years and are month to month.Owner pays for water and tenants pay for all other utilities. Dont miss out on this rare chance to buy a duplex where each unit has 3 bedrooms and 2 bathrooms. In the heart of Cathedral City, its great investment opportunity.

Last Agent to Sell the Property

Julia Cox

HomeSmart License #01989187 Listed on: 04/01/2019

HomeSmart

Co-Listed By

Lisa Gutierrez

HomeSmart License #01332488

Last Buyer's Agent

Jeff Milbrandt

HomeSmart License #01248987

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,414

Year Built

  • Built in 1985

Lot Details

  • 6,970

Home Design

  • 2,774 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Additional Features

  • 6,970 Sq Ft Lot
  • Ground Level
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 680272011

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Rancho Ramon Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,414

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Price Per Unit: 182500.00
  • Builders Tract Code: NA336
  • List Price per Sq Ft: 131.58
  • Lp Sp Ratio: 1.0000
  • Year Built: 1985
  • Co Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 844-7550
  • Internal Listing I D: 20190608184828292804000000
  • Listing I D: 219009659
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Fax: (760) 656-0158
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Rancho Ramon
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2774.00

Garage/Parking

  • Parking Info Total Carport Spaces: 2.00
  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 6.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Cooling Type: Central Air
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 680272011
  • Lot Size: 6970.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Sep 16, 2019
Sold by
Lopez Carlos
Bought by
Berninger Melissa
Seller's Agent
Julia Cox
HomeSmart
Buyer's Agent
Jeff Milbrandt
HomeSmart
List Price
$359,900
Sold Price
$365,000
Premium/Discount to List
$5,100
1.42%
Current Estimated Value
$568,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,397
Avg. Annual Appreciation
7.96%
Interest Rate
3.56%

Purchase Details

Listed on
May 27, 2015
Closed on
Jun 3, 2015
Sold by
Barcenas Jose Perez and Barcenas Clara
Bought by
Lopez Carlos
Seller's Agent
Laura Arellano
Coldwell Banker Realty
Buyer's Agent
Laura Arellano
Coldwell Banker Residential Brokerage
List Price
$312,500
Sold Price
$312,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$306,839
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2011
Sold by
Barcenas Jose and Barcenas Clara
Bought by
Barcenas Jose Perez and Barcenas Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2010
Sold by
Barcenas Luis A and Barcenas Oscar U
Bought by
Perez Jose Barcenas and Barcenas Clara

Purchase Details

Closed on
May 19, 2008
Sold by
Perez Jose Barcenas and Barcenas Clara
Bought by
Barcenas Luis A and Barcenas Oscar U

Purchase Details

Closed on
Jun 8, 1994
Sold by
American Svgs Bank Fa
Bought by
Barcenas Jose and Barcenas Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,151
Interest Rate
8.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 1993
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa
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
Berninger Melissa -- --
Lopez Carlos $312,500 Equity Title Orange Cnty-Inl
Barcenas Jose Perez -- First American Title Company
Perez Jose Barcenas -- None Available
Barcenas Luis A -- None Available
Barcenas Jose $110,000 Orange Coast Title Co
American Svgs Bank Fa $122,521 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berninger Melissa $275,850
Closed Berninger Melissa --
Previous Owner Lopez Carlos $306,839
Previous Owner Barcenas Jose Perez $120,000
Previous Owner Barcenas Jose Perez $122,500
Previous Owner Barcenas Jose $40,500
Previous Owner Barcenas Jose $109,151
Closed Berninger Melissa $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $365,000 0.0% $132 / Sq Ft
08/15/2019 08/15/19 Pending -- -- --
07/10/2019 07/10/19 Price Changed $365,000 +1.4% $132 / Sq Ft
04/01/2019 04/01/19 For Sale $359,900 +15.2% $130 / Sq Ft
07/24/2015 07/24/15 Sold $312,500 0.0% $113 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $312,500 -- $113 / 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 $6,414 $399,177 $98,426 $300,751
2023 $6,414 $383,678 $94,605 $289,073
2022 $6,159 $376,155 $92,750 $283,405
2021 $5,949 $368,781 $90,932 $277,849
2020 $5,649 $365,000 $90,000 $275,000
2019 $5,204 $331,624 $82,905 $248,719
2018 $5,078 $325,123 $81,280 $243,843
2017 $4,990 $318,749 $79,687 $239,062
2016 $4,853 $312,500 $78,125 $234,375
2015 $2,807 $152,034 $27,938 $124,096
2014 -- $149,058 $27,392 $121,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219009659

California Desert Association of REALTORS®

APN: 680-272-011