NOT LISTED FOR SALE

Estimated Value: $404,000 - $614,000

4 Beds
4 Baths
2,352 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $242,000 $103 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,222/month

193 Days on Market

About This Home

As of September 2014

Beautiful Renovated Two Bedroom (each unit), Two Bath (each unit) Duplex. Large Kitchen opens to the Great Room which is perfect for entertaining. Good size rear and side yards. Direct access finished double car garage with a drive-way big enough to park two cars. Nice centrally located neighborhood. Built by six kids construction which is known for quality.

Last Agent to Sell the Property

Kristen Lynn Kalepp

Keller Williams Realty License #01817088 Listed on: 03/17/2014

Last Buyer's Agent

Frank Alvarez

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,080

Year Built

  • Built in 1989

Lot Details

  • 6,970

Parking

  • 4 Car Garage

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 6,970 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 680271002

Community Details

Overview

  • 2 Units
  • Rancho Ramon Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,080

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 123500.00
  • List Price per Sq Ft: 105.02
  • Lp Sp Ratio: 0.9798
  • Year Built: 1989
  • Internal Listing I D: 20190608184622788221000000
  • Listing I D: 214010656
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: Rancho Ramon
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2352.00

Exterior Features

  • Roofing: Concrete, Tile

Garage/Parking

  • Parking Info Total Garage Spaces: 4.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 680271002
  • Lot Size: 6970.00

Rental Info

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

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Aug 28, 2014
Sold by
Mcnabb Shawn and Mcnabb Tracy
Bought by
Uthoff Family 2012 Trust
Seller's Agent
Kristen Lynn Kalepp
Keller Williams Realty
Buyer's Agent
Frank Alvarez
List Price
$243,888
Sold Price
$242,000
Premium/Discount to List
-$1,888
-0.77%
Current Estimated Value
$514,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,647
Avg. Annual Appreciation
7.14%
Original Mortgage
$181,500
Outstanding Balance
$60,859
Interest Rate
4.09%
Mortgage Type
Commercial
Estimated Equity
$453,788

Purchase Details

Closed on
Nov 19, 2009
Sold by
Peterson John S
Bought by
Mcnabb Shawn and Mcnabb Tracy

Purchase Details

Closed on
Sep 16, 2002
Sold by
Gaffney Joseph F and Gaffney Jennie I
Bought by
Peterson John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2002
Sold by
Vallee John
Bought by
Grimshaw Sales & Distribution Inc
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
Uthoff Family 2012 Trust $242,000 Lawyers Title
Mcnabb Shawn $199,000 Orange Coast Title Co
Peterson John S $198,000 First American Title Co
Grimshaw Sales & Distribution Inc $50,000 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uthoff Family 2012 Trust $181,500
Previous Owner Peterson John S $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2014 09/29/14 Sold $242,000 -0.8% $103 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $243,888 0.0% $104 / Sq Ft
06/28/2012 06/28/12 Rented $925 0.0% --
06/28/2012 06/28/12 Under Contract -- -- --
04/09/2012 04/09/12 For Rent $925 -- --
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 $5,080 $290,839 $72,706 $218,133
2023 $5,080 $279,547 $69,884 $209,663
2022 $4,830 $274,066 $68,514 $205,552
2021 $4,648 $268,693 $67,171 $201,522
2020 $4,418 $265,939 $66,483 $199,456
2019 $4,322 $260,726 $65,180 $195,546
2018 $4,212 $255,614 $63,903 $191,711
2017 $4,137 $250,602 $62,650 $187,952
2016 $4,026 $245,689 $61,422 $184,267
2015 $3,896 $242,000 $60,500 $181,500
2014 $3,347 $195,000 $50,000 $145,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214010656

California Desert Association of REALTORS®

APN: 680-271-002