NOT LISTED FOR SALE

Estimated Value: $748,000 - $1,075,000

9 Beds
6 Baths
3,948 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $739,000 $187 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,570/month

87 Days on Market

Highlights

  • Cul-De-Sac
  • Ceramic Tile Flooring
  • Dining Area
  • Living Room
  • Central Heating and Cooling System

About This Home

As of February 2022

Nice triplex in good location. All units are 3 bedroom 2 baths. All have attached garages. Long Term Tenants

Last Agent to Sell the Property

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 09/27/2021

Last Buyer's Agent

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 09/27/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,905

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot
  • Cul-De-Sac

Parking

  • 6 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 3,948 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Dishwasher
  • Laundry in Garage

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection, property management fee, gas
  • The owner pays for gardener, trash collection, water
  • Assessor Parcel Number 680381009

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,940

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,905

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Property Attached/Detached: Yes
  • Levels: Ground, Two
  • List Price per Sq Ft: 187.18
  • Lp Sp Ratio: 1.0000
  • Water District Name: Coachella Valley Water District
  • Year Built: 1989
  • Internal Listing I D: 20210928030918004972000000
  • Listing I D: 219068238
  • Listing Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Fax: (760) 340-9069
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Selling Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Selling Office Fax: (760) 340-9069
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 3
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 9
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Laundry: In Garage
  • Estimated Sq Ft: 3948.00

Exterior Features

  • Roofing: Composition

Garage/Parking

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

Utilities

  • Number Electric Meters: 3
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 3
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 680381009
  • Lot Location: Cul-De-Sac
  • Lot Size: 8712.00

Rental Info

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

Multi Family

  • Rent Control: Yes
  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2021
Sold by
Knox Zander Family Trust
Bought by
Kelly Kevin W and Mahinda Geetha C
Current Estimated Value
$859,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,250
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2013
Sold by
Knox Sarah
Bought by
Knox Zander Family Trust

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 16, 2012
Sold by
Indian Wells Investment Properties Llc
Bought by
Knox Sarah
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Jeannie Niles
Jeannie Niles Real Estate
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%

Purchase Details

Listed on
May 14, 2012
Closed on
Jul 13, 2012
Sold by
Zander David Frederick
Bought by
Knox Sarah
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Jeannie Niles
Jeannie Niles Real Estate
List Price
$325,000
Sold Price
$325,000

Purchase Details

Closed on
Sep 20, 2010
Sold by
Tibb Dalip S and Tibb Amber R
Bought by
Indian Wells Investment Properties Llc

Purchase Details

Closed on
May 14, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tibb Dalip S and Tibb Amber R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,750
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2010
Sold by
Giles Paul R and Giles Diane L
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,750
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2005
Sold by
A Horizon Realty Llc
Bought by
Giles Paul R and Giles Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2005
Sold by
Wilcox William P and Wilcox Tu S
Bought by
A Horizon Realty Llc

Purchase Details

Closed on
Apr 14, 2003
Sold by
Salvemini Joe A
Bought by
Wilcox William P and Wilcox Tu S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,200
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2002
Sold by
Grv Development Co
Bought by
Salvemini Joe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6.37%
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
Kelly Kevin W $739,000 First American Title
Knox Zander Family Trust -- None Available
Knox Sarah $325,000 First American Title
Knox Sarah -- First American Title
Indian Wells Investment Properties Llc -- None Available
Tibb Dalip S $281,000 Ticor Title
Federal Home Loan Mortgage Corporation $218,500 Accommodation
Giles Paul R $580,000 Orange Coast Title
A Horizon Realty Llc -- --
Wilcox William P $451,000 Southland Title
Salvemini Joe A $305,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelly Kevin W $554,250
Previous Owner Tibb Dalip S $210,750
Previous Owner Giles Paul R $435,000
Previous Owner Wilcox William P $50,000
Previous Owner Wilcox William P $359,200
Previous Owner Salvemini Joe A $228,750
Previous Owner Grv Development Company $179,522
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2022 02/03/22 Sold $739,000 0.0% $187 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
10/19/2021 10/19/21 Off Market $739,000 -- --
10/03/2021 10/03/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $739,000 +127.4% $187 / Sq Ft
08/03/2012 08/03/12 Sold $325,000 0.0% $82 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
05/14/2012 05/14/12 For Sale $325,000 -- $82 / 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 $11,905 $784,231 $196,323 $587,908
2023 $11,905 $753,780 $188,700 $565,080
2022 $6,803 $377,120 $93,985 $283,135
2021 $6,540 $369,727 $92,143 $277,584
2020 $6,217 $365,937 $91,199 $274,738
2019 $6,080 $358,762 $89,411 $269,351
2018 $5,924 $351,728 $87,659 $264,069
2017 $5,816 $344,833 $85,941 $258,892
2016 $5,661 $338,072 $84,256 $253,816
2015 $5,481 $332,996 $82,992 $250,004
2014 $5,436 $326,474 $81,367 $245,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219068238

California Desert Association of REALTORS®

APN: 680-381-009