NOT LISTED FOR SALE

Estimated Value: $351,000 - $720,000

6 Beds
4 Baths
2,977 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $199,000 $67 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $3,434/month

10 Days on Market

About This Home

As of May 2013

SHORT SALE: Triplex, 6 bedrooms, Apt A two bedrooms, two baths and a fire place in living room, Apt B two bedrooms, one bath, Apt C two bedrooms, one bath. Coin operated laundry facility. Generating over $30,000 a year in gross income. Operating costs, taxes, water and gardening and maintenance. Near schools, churches, theater's and shopping. Great investment.

Last Agent to Sell the Property

James Diamond

First Team Real Estate License #01816635 Listed on: 01/26/2013

Last Buyer's Agent

James Diamond

First Team Real Estate License #01816635 Listed on: 01/26/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,265

Year Built

  • Built in 1981

Lot Details

  • 0.32 Acre Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,977 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater

Community Details

  • 3 Units
  • Gross Income $2,600

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 673182004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,265

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 69666.00
  • Builders Tract Code: NA-336
  • List Price per Sq Ft: 70.20
  • Lp Sp Ratio: 0.9522
  • Water District Name: coachella valley water
  • Year Built: 1981
  • Internal Listing I D: 20190608184502438052000000
  • Listing I D: 21469749
  • Listing Office Address: 160 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Listing Office Fax: (760) 325-4465
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 160 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 325-4465
  • Subdivision: Not Applicable
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry Equipment: Lease
  • Estimated Sq Ft: 2977.00

Exterior Features

  • Roofing: Composition, Shingle
  • Foundation: Slab

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 673182004
  • Lot Size: 13939.00

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2013
Sold by
Mehdizadeh Bahman
Bought by
Asher Investments Llc
Total Days on Market
10
Current Estimated Value
$549,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 6, 2013
Sold by
Doheny Investments Inc
Bought by
Mehdizadeh Bahman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.36%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 26, 2013
Closed on
Apr 8, 2013
Sold by
Psarras Mary L and Psarras Anthony J
Bought by
Doheny Investments Inc
Seller's Agent
James Diamond
First Team Real Estate
Buyer's Agent
James Diamond
First Team Real Estate
List Price
$199,000
Sold Price
$199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$170,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2001
Sold by
Psarras Anthony J and Psarras Mary L
Bought by
Psarras Anthony J and Psarras Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2000
Sold by
Dittler Mary and Dittler Anthony J
Bought by
Psarras Anthony J and Psarras Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 1997
Sold by
Union Bank Of California
Bought by
Psarras Tony and Dittler Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 29, 1996
Sold by
Beckman Erwin and Beckman Susan L
Bought by
The Bank Of California National Assn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Asher Investments Llc -- None Available
Mehdizadeh Bahman -- First American Title Company
Doheny Investments Inc $199,000 Lawyers Title Company
Psarras Anthony J -- First American Title Co
Psarras Anthony J -- --
Psarras Tony $67,500 Chicago Title Co
The Bank Of California National Assn $63,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehdizadeh Bahman $175,000
Previous Owner Doheny Investments Incorporated $170,000
Previous Owner Psarras Anthony J $318,750
Previous Owner Psarras Anthony J $122,400
Previous Owner Psarras Anthony J $104,000
Previous Owner Psarras Tony $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2013 05/03/13 Sold $199,000 0.0% $67 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/26/2013 01/26/13 For Sale $199,000 -- $67 / 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 $5,265 $245,043 $61,257 $183,786
2023 $5,265 $235,529 $58,879 $176,650
2022 $4,900 $230,912 $57,725 $173,187
2021 $5,847 $316,436 $78,829 $237,607
2020 $5,561 $313,192 $78,021 $235,171
2019 $5,436 $307,052 $76,492 $230,560
2018 $5,292 $301,033 $74,993 $226,040
2017 $5,194 $295,131 $73,523 $221,608
2016 $5,058 $289,345 $72,082 $217,263
2015 $3,918 $203,895 $50,973 $152,922
2014 $3,886 $199,902 $49,975 $149,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21469749

California Desert Association of REALTORS®

APN: 673-182-004