NOT LISTED FOR SALE

Estimated Value: $246,897 - $285,000

0.38 Acre
$705,736 Price per Acre
16,509 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $240,000 $252 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,739/month

43 Days on Market

About This Lot

As of August 2023

CASH ONLY. THIS HOME NEEDS to be demolish. Previous owner did work without permits therefore buyer needs to demo the property per the city of palm springs instructions. This property can be split into a double lot or converted into a multifamily unit. Priced to sell fast. SOLD AS IS! NO PRICE REDUCTION ONCE OFFER IS SUBMITTED. SELLER IS LOOKING FOR A QUICK CLOSING.

Last Agent to Sell the Property

Petrice Mitchell

Johnston Group Real Estate Services LLC License #3400937 Listed on: 07/18/2023

Last Buyer's Agent

Jordan Barbieri

RE/MAX Direct License #3473608

RE/MAX Direct

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,869

Lot Details

  • Site Plan Filed
  • Property is zoned RM

Location

  • City Lot

Community Details

  • Lakewood Gardens Pl 1 In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 70434419110040047

Property Details

Property Type

Land

Est. Annual Taxes

$5,869

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Waterfront: No

Lot Info

  • Parcel #: 70434419110040047
  • Development Status: Site Plan Filed
  • Lot Size: < 1/4 Acre
  • Zoning Description: RM

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5869.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Aug 31, 2023
Sold by
Meant For You Homes Llc
Bought by
Milagro Arabella Property Management Llc
Seller's Agent
Petrice Mitchell
Johnston Group Real Estate Services LLC
Buyer's Agent
Jordan Barbieri
RE/MAX Direct
List Price
$270,000
Sold Price
$240,000
Premium/Discount to List
-$30,000
-11.11%
Views
44
Current Estimated Value
$267,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,474
Avg. Annual Appreciation
7.31%

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 14, 2022
Sold by
Ocean Trust Llc
Bought by
Meant For You Homes Llc
Seller's Agent
Jalil Medalian
Medalian Real Estate & Investm
Buyer's Agent
Petrice Mitchell
Johnston Group Real Estate Services LLC
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$251,914
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 22, 2021
Closed on
Dec 6, 2021
Sold by
Imobilia Of South Beach Llc
Bought by
Ocean Trust Llc
Seller's Agent
Jalil Medalian
Medalian Real Estate & Investm
Buyer's Agent
Petrice Mitchell
Johnston Group Real Estate Services LLC
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,914
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 10, 2016
Closed on
Jul 19, 2017
Sold by
Deusche Bank National Trust Company
Bought by
Imobilia Of South Beach Llc
Seller's Agent
Stephen Sibiga
Realhome Service & Solutions I
List Price
$100,700
Sold Price
$78,674
Premium/Discount to List
-$22,026
-21.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.11%
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 10, 2016
Closed on
Jul 1, 2017
Bought by
Imobilia Of South Beach Llc
Seller's Agent
Stephen Sibiga
Realhome Service & Solutions I
List Price
$100,700
Sold Price
$78,674
Premium/Discount to List
-$22,026
-21.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2016
Bought by
Imobilia Of South Beach Llc

Purchase Details

Closed on
Jun 1, 2016
Bought by
Imobilia Of South Beach Llc

Purchase Details

Closed on
May 10, 2004
Sold by
Genis Peter and Genis Ilias
Bought by
Turner Joey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2004
Sold by
Fenlason John D
Bought by
Fenlason John and Fenlason Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2001
Sold by
Bracker Ann B and Boyd Michael R
Bought by
Genis Ilias
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
Milagro Arabella Property Management Llc $240,000 Fortune Title
Meant For You Homes Llc $215,000 None Listed On Document
Ocean Trust Llc $151,100 None Available
Imobilia Of South Beach Llc $60,674 None Available
Imobilia Of South Beach Llc $60,700 --
Imobilia Of South Beach Llc -- --
Imobilia Of South Beach Llc $63,000 --
Turner Joey D $97,000 Flagler Title Company
Fenlason John $24,000 --
Genis Ilias $52,500 --
Bracker Ann B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meant For You Homes Llc $251,914
Previous Owner Imobilia Of South Beach Llc $100,000
Previous Owner Turner Joey D $152,000
Previous Owner Turner Joey D $125,000
Previous Owner Turner Joey D $97,000
Previous Owner Genis Ilias $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $240,000 0.0% $252 / Sq Ft
08/31/2023 08/31/23 Sold $240,000 -11.1% $252 / Sq Ft
07/19/2023 07/19/23 Price Changed $270,000 0.0% $283 / Sq Ft
07/18/2023 07/18/23 For Sale $270,000 -3.6% $283 / Sq Ft
03/01/2023 03/01/23 For Sale $280,000 +24.4% $294 / Sq Ft
02/04/2022 02/04/22 Sold $225,000 +2.3% $236 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/22/2021 12/22/21 For Sale $220,000 +179.6% $231 / Sq Ft
07/28/2017 07/28/17 Sold $78,674 -21.9% $82 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
08/10/2016 08/10/16 For Sale $100,700 -- $106 / Sq Ft
Source: BeachesMLS

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
2024 $3,404 $170,250 -- --
2023 $6,003 $280,366 $186,956 $93,410
2022 $5,869 $268,998 $0 $0
2021 $4,309 $220,665 $148,426 $72,239
2020 $3,678 $156,793 $77,000 $79,793
2019 $3,474 $145,205 $70,700 $74,505
2018 $3,162 $134,196 $71,698 $62,498
2017 $2,831 $115,620 $49,447 $66,173
2016 $2,512 $96,777 $0 $0
2015 $2,427 $91,816 $0 $0
2014 $958 $53,298 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10905292

BeachesMLS

APN: 70-43-44-19-11-004-0047