NOT LISTED FOR SALE

Estimated Value: $887,000 - $1,308,053

12 Beds
8 Baths
-- Sq Ft
0.34 Acres

Last Sold November 17, 2017

Last sale price $730,000

Est. 50% increase in value since last sale

Current estimated payment $6,935/month

103 Days on Market

Highlights

  • Contemporary Architecture
  • Forced Air Heating and Cooling System
  • Fenced
  • 1-Story Property

About This Home

As of November 2017

12 bedrooms , 8 bathrooms total in 2 separate buildings, each unit has a 2 car garage.Units #3 and #4 have brand new roofs,kitchens with cabinets/ countertops etc.and new bathrooms.All units are rented ,each for $1250 per month.To be shown by appointment and only after accepted offers, contingent inspection!Submit pre-approval letter and or proof of funds , if cash, along with proof of funds for the downpayment.

Last Agent to Sell the Property

Slavyan Panayotov

License #01728794 Listed on: 08/05/2017

Last Buyer's Agent

Nathan Diones

REGIONCY REAL ESTATE License #01767311

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,197

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Fenced

Parking

  • 8 Car Garage

Home Design

  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • The owner pays for electricity, water
  • Assessor Parcel Number 680371065

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Rancho Ramon Subdivision

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,197

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 193750.00
  • Builders Tract Code: NA336
  • Building Style: Contemporary, Traditional
  • Lp Sp Ratio: 0.9419
  • Year Built: 1989
  • Internal Listing I D: 20190608184753772878000000
  • Listing I D: 217021256
  • Listing Office Address: 296 Palm Canyon Drive, Palm Springs, CA 92262
  • Listing Office Fax: (760) 325-1120
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 222 EAST OLIVE AVE, SUITE 9, REDLANDS, CA 92373
  • Land Type: Fee
  • Subdivision: Rancho Ramon
  • Unit Information Number Of Units Leased: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8

Exterior Features

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

Garage/Parking

  • Parking Info Total Garage Spaces: 8.00
  • Parking Info Total Parking Spaces: 8.00

Utilities

  • Number Electric Meters: 5
  • Number Water Meters: 2
  • Cooling Type: Air Conditioning
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In Street Paid
  • Water: Water District
  • Number Gas Meter: 4

Lot Info

  • Assessor Parcel Number: 680371065
  • Lot Description: Fenced
  • Lot Size: 14810.00

Rental Info

  • Owner Pays: Electricity, Water
  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Capozzi Brent T and Lahodny Lorne
Bought by
Capozzi Brent T and Lahodny Lorne K
Current Estimated Value
$1,095,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Outstanding Balance
$485,895
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$595,417

Purchase Details

Listed on
Aug 5, 2017
Closed on
Nov 7, 2017
Sold by
Rodriguez Gumesindo and Rodriguez Arturo
Bought by
Lahodny Lorne
Seller's Agent
Slavyan Panayotov
Buyer's Agent
Nathan Diones
REGIONCY REAL ESTATE
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$206,900
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2012
Sold by
Rodriguez Gumesindo and Rodriguez Arturo
Bought by
Rodriguez Gumesindo and Rodriguez Arturo

Purchase Details

Closed on
Feb 2, 2005
Sold by
Rodriguez Gumesindo
Bought by
Rodriguez Gumesindo and Rodriguez Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,250
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2004
Sold by
Rodriguez Lilia
Bought by
Rodriguez Gumesindo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,250
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2004
Sold by
Mims Nancy Jo and Motz Nadine D
Bought by
Rodriguez Gumesindo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,250
Interest Rate
4.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 1996
Sold by
Provident Savings Bank Fsb
Bought by
Dermid Irene and Mims Nancy Jo
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
Capozzi Brent T -- Timios Title A Ca Corpationa
Capozzi Brent T -- Timios Title A Ca Corp
Lahodny Lorne $728,000 Chicago Title Company
Rodriguez Gumesindo -- None Available
Rodriguez Gumesindo -- --
Rodriguez Gumesindo -- First American Title Co Rive
Rodriguez Gumesindo $579,000 First American Title Co Rive
Dermid Irene $160,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capozzi Brent T $537,000
Closed Lahodny Lame $540,000
Closed Capozzi Brent T $200,000
Closed Lahodny Lorne $206,900
Previous Owner Rodriguez Gumesindo $477,000
Previous Owner Rodriguez Gumesindo $434,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $730,000 -5.8% --
11/16/2017 11/16/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $775,000 -- --
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 $13,197 $828,334 $227,563 $600,771
2023 $13,197 $796,171 $218,727 $577,444
2022 $12,685 $780,561 $214,439 $566,122
2021 $12,259 $765,257 $210,235 $555,022
2020 $11,638 $757,411 $208,080 $549,331
2019 $11,396 $742,560 $204,000 $538,560
2018 $11,125 $728,000 $200,000 $528,000
2017 $10,705 $695,388 $173,842 $521,546
2016 $10,409 $681,754 $170,434 $511,320
2015 $10,063 $671,516 $167,875 $503,641
2014 $6,939 $410,000 $150,000 $260,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217021256

California Desert Association of REALTORS®

APN: 680-371-065