NOT LISTED FOR SALE

Estimated Value: $882,000 - $997,126

9 Beds
8 Baths
4,648 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $479,000 $103 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,859/month

33 Days on Market

About This Home

As of August 2016

Residential income-Investment property containing two separate structures. The first structure is a single family residence with 3 bedrooms, two bathrooms, and attached two car garage. The second structure houses three townhouses and each unit has 2 bedrooms, two bathrooms, and attached single car garage. Each unit has interior laundry. This property is professionally managed and all units are occupied at this time. Shown by appointment only.

Last Agent to Sell the Property

John Barnett

Barnett California Realty License #01857927 Listed on: 06/22/2016

Last Buyer's Agent

John Barnett

Barnett California Realty License #01857927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,270

Lot Details

  • 0.37 Acre Lot

Parking

  • 5 Car Garage

Interior Spaces

  • 4,648 Sq Ft Home
  • 2-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for electricity, water, gardener
  • Assessor Parcel Number 680451027

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Rancho Ramon Subdivision

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $85
  • Trash Expense $144
  • Gross Income $43,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,270

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One, Two
  • Price Per Unit: 131250.00
  • List Price per Sq Ft: 112.95
  • Lp Sp Ratio: 0.9124
  • Internal Listing I D: 20190608184729628993000000
  • Listing I D: 216018738
  • Listing Office Address: 777 ETahquitz Canyon Way, Suite 200-170, Palm Springs, CA 92262
  • Listing Office Fax: (760) 841-4000
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 777 ETahquitz Canyon Way, Suite 200-170, Palm Springs, CA 92262
  • Selling Office Fax: (760) 841-4000
  • Land Type: Fee
  • Subdivision: Rancho Ramon
  • Unit Information Number Of Units Leased: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Estimated Sq Ft: 4648.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking Info Total Garage Spaces: 5.00
  • Parking Info Total Parking Spaces: 5.00

Utilities

  • Number Electric Meters: 5
  • Number Water Meters: 1
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 4
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 680451027
  • Lot Size: 16117.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Mraz Mark J
Bought by
Showroom Properties Inc
Current Estimated Value
$925,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jun 27, 2016
Sold by
Kurseth Deborah J
Bought by
Showroom Properties Inc
Seller's Agent
John Barnett
Barnett California Realty
Buyer's Agent
John Barnett
Barnett California Realty
List Price
$525,000
Sold Price
$479,000
Premium/Discount to List
-$46,000
-8.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Jun 7, 2015
Sold by
Nelson John M
Bought by
Nelson Beverly

Purchase Details

Closed on
Nov 9, 2010
Sold by
Nelson John M
Bought by
Nelson John M

Purchase Details

Closed on
Aug 6, 1997
Sold by
Robert Mannon and Robert Candyce Mannon
Bought by
Nelson John M and Nelson Beverly E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Showroom Properties Inc -- First American Title Company
Mraz Mark J -- First American Title
Mraz Mark J -- First American Title
Showroom Properties Inc $507,500 Wfg National Title Company
Nelson Beverly -- None Available
Nelson John M -- None Available
Nelson John M $200,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Showroom Properties Inc $500,000
Closed Mraz Mark J $532,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $479,000 -8.8% $103 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $525,000 -- $113 / 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 $10,270 $588,991 $168,282 $420,709
2023 $10,270 $566,122 $161,749 $404,373
2022 $9,790 $555,023 $158,578 $396,445
2021 $9,457 $544,141 $155,469 $388,672
2020 $9,078 $538,562 $153,875 $384,687
2019 $8,958 $528,003 $150,858 $377,145
2018 $8,830 $517,650 $147,900 $369,750
2017 $8,725 $507,500 $145,000 $362,500
2016 $5,706 $269,744 $80,919 $188,825
2015 $5,577 $265,694 $79,704 $185,990
2014 $5,551 $260,492 $78,144 $182,348
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216018738

California Desert Association of REALTORS®

APN: 680-451-027