NOT LISTED FOR SALE

Estimated Value: $480,000 - $502,000

4 Beds
4 Baths
1,755 Sq Ft
$280/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $370,000 $211 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,204/month

74 Days on Market

Highlights

  • Living Room
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Great income property , centrally located , 2 bedrooms, 1 1/2 bathrooms on each side, tile and carpet through out..

Last Agent to Sell the Property

Lorena Ruiz

Choice 1 Realty License #01276235 Listed on: 12/11/2020

Last Buyer's Agent

Michael Santos

The Agent and Company License #01931119

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,430

Year Built

  • Built in 1985

Lot Details

  • 7,405

Interior Spaces

  • 1,755 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Car Garage
  • 2 Parking Garage Spaces
  • Driveway

Additional Features

  • 7,405 Sq Ft Lot
  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 680283003

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,430

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: Ground
  • List Price per Sq Ft: 207.98
  • Lp Sp Ratio: 1.0100
  • Year Built: 1985
  • Internal Listing I D: 20201210191359318877000000
  • Listing I D: 219054491
  • Listing Member Address: 68100 Ramon Road, Ste B7, Cathedral City, CA 92234
  • Listing Member Fax: (760) 770-0211
  • Listing Office Address: 68100 Ramon Road, Ste B7, Cathedral City, CA 92234
  • Listing Office Fax: (760) 770-0211
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 3505 E. Chapman Ave #B, Orange, CA 92869
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 1755.00

Garage/Parking

  • Parking: Driveway
  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 680283003
  • Lot Size: 7405.00

Rental Info

  • 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
Dec 11, 2020
Closed on
Jan 12, 2021
Sold by
Degarcia Maia
Bought by
Hernandez Jose R Galvan
Seller's Agent
Lorena Ruiz
Choice 1 Realty
Buyer's Agent
Michael Santos
The Agent and Company
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%
Current Estimated Value
$490,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,587
Avg. Annual Appreciation
6.47%
Original Mortgage
$363,298
Outstanding Balance
$325,671
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$164,916

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jan 6, 2021
Sold by
Lopez Hector and Lopez Marsha Leigh
Bought by
Hernandez Jose R Galvan and Hernandez Jacinto Galvan
Seller's Agent
Lorena Ruiz
Choice 1 Realty
Buyer's Agent
Michael Santos
The Agent and Company
List Price
$365,000
Sold Price
$370,000
Premium/Discount to List
$5,000
1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Outstanding Balance
$325,671
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$164,916

Purchase Details

Closed on
Jul 13, 2020
Sold by
Hal Property Mangement
Bought by
Lopez Hector and Lopez Marsha Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2015
Sold by
Lopez Hector
Bought by
Hal Property Management

Purchase Details

Closed on
May 21, 2010
Sold by
Lopez Hector and Lopez Marsha Leigh
Bought by
Lopez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1994
Sold by
Prendergast John J and Prendergast Patricia A
Bought by
Lopez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,618
Interest Rate
7.84%
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 Jose R Galvan -- Corinthian Title
Hernandez Jose R Galvan $370,000 Corinthian Title
Lopez Hector -- Elevated Title Company
Hal Property Management -- None Available
Lopez Hector -- Fidelity Natl Title Co Ie
Lopez Hector $99,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jose R Galvan $363,298
Previous Owner Lopez Hector $198,000
Previous Owner Lopez Hector $112,000
Previous Owner Lopez Hector $94,000
Previous Owner Lopez Hector $98,618
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $370,000 +1.4% $211 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $365,000 -- $208 / 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 $6,430 $400,498 $97,418 $303,080
2023 $6,430 $384,948 $93,636 $291,312
2022 $6,175 $377,400 $91,800 $285,600
2021 $5,965 $370,000 $90,000 $280,000
2020 $3,008 $152,515 $31,212 $121,303
2019 $2,937 $149,525 $30,600 $118,925
2018 $2,854 $146,594 $30,000 $116,594
2017 $2,799 $143,720 $29,412 $114,308
2016 $2,728 $140,903 $28,836 $112,067
2015 $2,639 $138,141 $28,271 $109,870
2014 $2,617 $135,437 $27,718 $107,719
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219054491

California Desert Association of REALTORS®

APN: 680-283-003