NOT LISTED FOR SALE

Estimated Value: $451,000 - $692,000

6 Beds
4 Baths
2,228 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $275,000 $123 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,578/month

61 Days on Market

Highlights

  • Mountain View
  • Living Room
  • Landscaped
  • Property is near public transit
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of March 2014

Great investment opportunity in the heart of Cathedral City! Spacious two-unit duplex in good condition, featuring a great floor plan and THREE bedrooms and TWO bathrooms on EACH side! Flooring on each side is ceramic tile and wall to wall carpeting. Living rooms with high ceilings. One unit features a two-car enclosed garage and the other side is a one car enclosed garage. Lots of off street parking for visiting friends. Fully occupied with tenants who want to stay. Always a waiting list for new tenants.

Last Agent to Sell the Property

Mark Beckloff

Bennion Deville Homes License #01805986 Listed on: 01/24/2014

Last Buyer's Agent

Irma Orozco Suarez

Century 21 Diamond License #01257660

Century 21 Diamond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,650

Year Built

  • Built in 1988

Lot Details

  • 7,405 Sq Ft Lot
  • West Facing Home
  • Landscaped
  • Level Lot

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,228 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Living Room
  • Mountain Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water, gas
  • Assessor Parcel Number 680281010

Community Details

Overview

  • 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

$5,650

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces West
  • Levels: Ground Level, No Unit Above, One
  • Price Per Unit: 142500.00
  • Entry Location: Living Room
  • List Price per Sq Ft: 127.92
  • Lp Sp Ratio: 0.9649
  • View Type: Mountain(s)
  • Water District Name: cvwd
  • Year Built: 1988
  • Internal Listing I D: 20190608184617505140000000
  • Listing I D: 214003198
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 7847 Florence Ave #105B, Downey, CA 90240
  • Subdivision: Rancho Ramon
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2228.00
  • Windows Treatments: Drapes

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Foundation: Slab
  • View: Yes

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Gas
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 680281010
  • Lot Description: Landscaped, Street Public, Level
  • Lot Location: Near Public Transit
  • Lot Size: 7405.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water, Gas

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2014
Closed on
Mar 5, 2014
Sold by
Chancery Offshore Mangers Limited
Bought by
Galindo Juan and Galindo Martha
Seller's Agent
Mark Beckloff
Bennion Deville Homes
Buyer's Agent
Irma Orozco Suarez
Century 21 Diamond
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Current Estimated Value
$583,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,184
Avg. Annual Appreciation
6.59%
Original Mortgage
$206,250
Interest Rate
4.25%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 9, 2013
Closed on
Jul 19, 2013
Sold by
Weiner Allan Lyman and Weiner Kathleen Louise
Bought by
Chancery Offshore Managers Limited and Remus Trust
Seller's Agent
Gina Moraldi
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.79%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Galindo Juan $275,000 Orange Coast Title Company
Chancery Offshore Managers Limited $250,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galindo Juan $245,000
Closed Galindo Martha $241,500
Closed Galindo Juan $206,250
Previous Owner Weiner Allan Lyman $180,000
Previous Owner Weiner Allan Lyman $145,000
Previous Owner Weiner Allan Lyman $145,000
Previous Owner Weiner Allan Lyman $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2014 03/26/14 Sold $275,000 -3.5% $123 / Sq Ft
03/26/2014 03/26/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $285,000 +14.0% $128 / Sq Ft
07/31/2013 07/31/13 Sold $250,000 +0.4% $112 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $249,000 -- $112 / 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 $5,650 $337,099 $84,272 $252,827
2023 $5,650 $324,010 $81,000 $243,010
2022 $5,398 $317,658 $79,412 $238,246
2021 $5,204 $311,430 $77,855 $233,575
2020 $4,943 $308,237 $77,057 $231,180
2019 $4,838 $302,195 $75,547 $226,648
2018 $4,719 $296,270 $74,066 $222,204
2017 $4,636 $290,462 $72,614 $217,848
2016 $4,510 $284,768 $71,191 $213,577
2015 $4,362 $280,493 $70,123 $210,370
2014 $4,020 $250,000 $62,500 $187,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 214003198

California Desert Association of REALTORS®

APN: 680-281-010