NOT LISTED FOR SALE

3809 Palo Verde Dr Thermal, CA 92274

Estimated Value: $246,000 - $270,000

4 Beds
2 Baths
2,400 Sq Ft
$107/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $99,999 $42 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,696/month

42 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Views
  • Rectangular Lot

About This Home

As of April 2019

Great performing investment property in Desert Shores. Each unit has is a 2/1 with separate fenced yards. The interior are all hard floors with window AC units, for easy maintenance. Tenants have been renting for 3+ years.

Last Agent to Sell the Property

Beny Castro

Fathom Realty Group Inc. License #01887754 Listed on: 02/01/2019

Last Buyer's Agent

Dana Tarnow

Desert Sands Realty License #01414467

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,626

Lot Details

  • 10,113 Sq Ft Lot
  • Rectangular Lot

Home Design

  • 2,400 Sq Ft Home
  • Midcentury Modern Architecture
  • Slab Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Carport Spaces
  • 4 Car Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heat Pump System
  • Heating System Uses Propane
  • Sewer in Street

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 001073003000

Community Details

Overview

  • 2 Units
  • Desert Shores Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,626

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 59975.00
  • Builders Tract Code: Desert Shores
  • Building Style: Mid Century
  • List Price per Sq Ft: 49.98
  • Lp Sp Ratio: 0.8337
  • Internal Listing I D: 20190608184825549015000000
  • Listing I D: 219003863
  • Listing Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 79405 Hwy 111 Ste. 9-236, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-0344
  • Land Type: Fee
  • Subdivision: Desert Shores
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2400.00

Exterior Features

  • Foundation: Slab
  • View: Yes

Garage/Parking

  • Parking Info Total Carport Spaces: 4.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Cooling Type: Wall/Window Unit(s)
  • Heating: Heat Pump
  • Heating Fuel: Propane Gas
  • Sewer: In Street on Bond

Lot Info

  • Assessor Parcel Number: 001073003000
  • Lot Description: Rectangular Lot
  • Lot Size: 10113.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2020
Sold by
Thornburg Steven M and Thornburg Michelle L
Bought by
Thornburg Steven M and Thornburg Michelle L
Current Estimated Value
$256,318

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 17, 2019
Sold by
Rivera Eloy
Bought by
Thornburg Steven M and Thornburg Michelle L
Seller's Agent
Beny Castro
Fathom Realty Group Inc.
Buyer's Agent
Dana Tarnow
Desert Sands Realty
List Price
$119,950
Sold Price
$99,999
Premium/Discount to List
-$19,951
-16.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$74,999
Outstanding Balance
$66,729
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$163,468
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
Thornburg Steven M -- None Available
Thornburg Steven M $100,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornburg Steven M $74,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2019 04/22/19 Sold $99,999 -16.6% $42 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $119,950 -- $50 / 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 $3,626 $111,546 $22,308 $89,238
2023 $3,626 $107,217 $21,443 $85,774
2022 $3,139 $105,116 $21,023 $84,093
2021 $3,304 $103,056 $20,611 $82,445
2020 $2,788 $102,000 $20,400 $81,600
2019 $2,400 $79,232 $15,837 $63,395
2018 $2,282 $77,679 $15,527 $62,152
2017 $2,095 $76,157 $15,223 $60,934
2016 $1,985 $74,665 $14,925 $59,740
2015 -- $73,544 $14,701 $58,843
2014 -- $72,105 $14,414 $57,691
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Beny Castro

    Fathom Realty Group Inc.

  • D

    Buyer's Agent in 2019

    Dana Tarnow

    Desert Sands Realty

    (760) 200-3383

    13 Total Sales

    Dana Tarnow
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219003863

California Desert Association of REALTORS®

APN: 001-073-003-000

California Imperial County Thermal 92274

3809 Palo Verde Dr, Thermal, CA

This home is located at 3809 Palo Verde Dr, Thermal, CA 92274 since 01 February 2019 and is currently estimated at $256,318, approximately $106 per square foot. 3809 Palo Verde Dr is a home located in Imperial County with nearby schools including Sea View Elementary School and West Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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