NOT LISTED FOR SALE

Estimated Value: $867,000 - $1,379,000

8 Beds
8 Baths
1,150 Sq Ft
$911/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $895,000 $778 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,759/month

50 Days on Market

Highlights

  • 18,295 Sq Ft lot
  • Contemporary Architecture
  • Granite Countertops
  • Mountain View
  • Secondary bathroom tub or shower combo
  • Private Yard

About This Home

As of September 2021

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Last Agent to Sell the Property

Shane Zuspan

Fathom Realty Group Inc. License #01456738 Listed on: 07/16/2021

Last Buyer's Agent

Arath Lara

ARATH LARA/BROKER License #01921795

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,693

Year Built

  • Built in 1981

Lot Details

  • 0.42 Acre Lot
  • Home has North and South Exposure
  • Rectangular Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back Yard

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,150 Sq Ft Home
  • Family Room
  • Dining Area
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 8 Carport Spaces
  • 16 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Shared Driveway

Schools

  • Landau Elementary School
  • James Workman Middle School
  • Cathedral City High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Additional Features

  • Green Features
  • Ground Level

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, trash collection, water
  • Assessor Parcel Number 680293014

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Rancho Ramon Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $5,200
  • Net Operating Income $46,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,693

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North, Front Door Faces South
  • Levels: Ground
  • Building Style: Contemporary
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Landlord owned appliances in Units 1, 3, 4. Other appliances are tenant owned.
  • List Price per Sq Ft: 778.26
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Park/Green Belt
  • Year Built: 1981
  • Internal Listing I D: 20210715182505130185000000
  • Listing I D: 219064936
  • Listing Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 7778 VALLE VISTA DR., RANCHO CUCAMONGA, CA 91730
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Rancho Ramon
  • Unit Information Number Of Units Leased: 4
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Dryer Hookup, Gas Range
  • Number of Ranges: 4
  • Flooring: Ceramic Tile
  • Total Bedrooms: 8
  • Bathroom Features: Shower & Tub
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Kitchen Features: Granite Counters
  • Laundry Equipment: Hook-Ups
  • Laundry: In Closet
  • Estimated Sq Ft: 1150.00

Exterior Features

  • Construction: Stucco
  • Roofing: Composition Shingle
  • View: Yes
  • Numberof Patios: 4
  • Paved: Yes

Garage/Parking

  • Parking: Covered, Shared Driveway
  • Parking Info Total Carport Spaces: 8.00
  • Parking Info Total Covered Spaces: 6.00
  • Parking Info Total Parking Spaces: 16.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV, TV Antenna, TV Satellite Dish
  • Number Electric Meters: 4
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: In Street
  • Water Heater Feature: Water Heater Unit
  • Number Gas Meter: 4
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 680293014
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Yard, Rectangular Lot, Lawn
  • Lot Size: 18295.00

Green Features

  • Green Features: Yes

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 3
  • Total Units: 4

MLS Schools

  • Elementary School: Landau
  • High School: Cathedral City
  • Junior Middle School: James Workman
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 6, 2021
Sold by
Gee Ian Paul and Usher Mario Orlando
Bought by
Lara Arath Fregoso
Seller's Agent
Shane Zuspan
Fathom Realty Group Inc.
Buyer's Agent
Arath Lara
ARATH LARA/BROKER
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$1,048,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,015
Avg. Annual Appreciation
2.52%
Original Mortgage
$447,500
Outstanding Balance
$408,078
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$581,240

Purchase Details

Listed on
May 1, 2019
Closed on
Jul 5, 2019
Sold by
Aurora Rancho Llc
Bought by
Gee Ian Paul and Usher Mario Orlando
Seller's Agent
Latasha O'Keith
Lamarc Realty
Buyer's Agent
Shane Zuspan
Fathom Realty Group Inc.
List Price
$769,000
Sold Price
$745,000
Premium/Discount to List
-$24,000
-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
8.61%
Original Mortgage
$558,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2018
Sold by
Moskowitz Dean
Bought by
Aurora Rancho Llc

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jul 27, 2017
Sold by
Burns Bryan L
Bought by
Moskowitz Dean
Seller's Agent
Bryan Burns
Desert Lifestyle Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$642,900
Sold Price
$576,000
Premium/Discount to List
-$66,900
-10.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$430,500
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2004
Sold by
Covarrubias Fidel
Bought by
Burns Bryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2001
Sold by
Preite Gregory and Preite Kelly Marie
Bought by
Covarrubias Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2000
Sold by
Schankat Christine Helene
Bought by
Covarrubias Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,406
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2000
Sold by
Zimmerman Joan D and Zimmerman Derrick
Bought by
Preite Gregory and Preite Kelly Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,406
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1998
Sold by
Woodward P N P and Woodward Xavier R
Bought by
Zimmerman Joan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.11%
Mortgage Type
Commercial
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
Lara Arath Fregoso $895,000 Equity Title Company
Gee Ian Paul $745,000 Old Republic Title Company
Aurora Rancho Llc -- None Available
Moskowitz Dean $576,000 Orange Coast Title Co
Burns Bryan L $525,000 First American Title Co
Covarrubias Fidel $310,000 Orange Coast Title
Covarrubias Fidel -- Orange Coast Title
Preite Gregory $240,000 Orange Coast Title
Zimmerman Joan D $137,500 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lara Arath Fregoso $447,500
Previous Owner Gee Ian Paul $558,750
Previous Owner Moskowitz Dean $430,500
Previous Owner Burns Bryan L $394,000
Previous Owner Burns Bryan L $393,750
Previous Owner Covarrubias Fidel $232,500
Previous Owner Preite Gregory $238,406
Previous Owner Zimmerman Joan D $110,000
Previous Owner Popaluca Octavian $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $895,000 0.0% $778 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $895,000 +20.1% $778 / Sq Ft
06/28/2019 06/28/19 Sold $745,000 -3.1% $162 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $769,000 +33.5% $167 / Sq Ft
08/30/2017 08/30/17 Sold $576,000 -7.1% $125 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
06/18/2017 06/18/17 Price Changed $619,900 -3.6% $135 / Sq Ft
04/24/2017 04/24/17 For Sale $642,900 -- $140 / 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 $14,693 $949,781 $265,302 $684,479
2023 $14,693 $912,900 $255,000 $657,900
2022 $14,175 $895,000 $250,000 $645,000
2021 $12,096 $752,718 $121,243 $631,475
2020 $11,484 $745,000 $120,000 $625,000
2019 $9,466 $587,520 $188,700 $398,820
2018 $9,231 $576,000 $185,000 $391,000
2017 $9,893 $630,533 $138,113 $492,420
2016 $9,622 $618,170 $135,405 $482,765
2015 $9,305 $608,886 $133,372 $475,514
2014 $5,591 $300,000 $126,000 $174,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219064936

California Desert Association of REALTORS®

APN: 680-293-014