NOT LISTED FOR SALE

Estimated Value: $355,108 - $600,000

2 Beds
2 Baths
1,100 Sq Ft
$442/Sq Ft Est. Value

Last Sold June 25, 2014

Last sale price $169,500 $154 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,877/month

113 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Mountain View
  • North Facing Home
  • Palm Springs High School Rated A-
  • 1-Story Property
  • Level Lot

About This Home

As of June 2014

Standard Sale! Palm Springs Duplex, Two 1 bedroom 1 bath units located on a HUGE lot! Awesome location, possible zoning for 4 units or single family residence, buyer to verify.

Last Agent to Sell the Property

Roger Joles

Bennion Deville Homes License #01058338 Listed on: 02/25/2014

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 1957

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Level Lot

Home Design

  • Midcentury Modern Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Carport Spaces
  • 4 Car Parking Spaces

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 680046002

Community Details

Overview

  • 2 Units
  • Demuth Park Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,980

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces North
  • Levels: Ground Level, No Unit Above, One
  • Price Per Unit: 87450.00
  • Building Style: Mid Century
  • List Price per Sq Ft: 159.00
  • Lp Sp Ratio: 0.9691
  • View Type: Mountain(s)
  • Water District Name: Palm Springs Water District
  • Year Built: 1957
  • Internal Listing I D: 20190608184621139179000000
  • Listing I D: 214007831
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Demuth Park
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1100.00

Exterior Features

  • Roofing: Composition, Shingle
  • 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
  • Heating: Wall Furnace
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 1

Lot Info

  • Assessor Parcel Number: 680046002
  • Lot Description: Level
  • Lot Size: 10019.00

Rental Info

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

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2016
Sold by
Kabir Sarah
Bought by
Gheysar Kenneth and Kabir Sarah
Current Estimated Value
$486,277

Purchase Details

Listed on
Feb 25, 2014
Closed on
Jun 24, 2014
Sold by
Joles Sophia
Bought by
Joles Roger
Seller's Agent
Roger Joles
Bennion Deville Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$225,000
Sold Price
$169,500
Premium/Discount to List
-$55,500
-24.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Listed on
Feb 25, 2014
Closed on
May 2, 2014
Sold by
Gheysar Kenneth Kambiz
Bought by
Kabir Sarah
Seller's Agent
Roger Joles
Bennion Deville Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$225,000
Sold Price
$169,500
Premium/Discount to List
-$55,500
-24.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,125
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 2014
Sold by
Dempton Steve and Dempton Lisa
Bought by
Kabir Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,125
Interest Rate
4.17%
Mortgage Type
Commercial
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
Gheysar Kenneth -- None Available
Joles Roger -- Orange Coast Title
Kabir Sarah -- Orange Coast Title
Kabir Sarah $169,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kabir Sarah $127,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2014 06/25/14 Sold $169,500 -24.7% $154 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $225,000 -- $205 / 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 $2,980 $207,771 $51,479 $156,292
2023 $2,980 $199,705 $49,481 $150,224
2022 $3,796 $195,790 $48,511 $147,279
2021 $3,451 $191,952 $47,560 $144,392
2020 $2,865 $189,985 $47,073 $142,912
2019 $2,822 $186,260 $46,150 $140,110
2018 $2,777 $182,609 $45,247 $137,362
2017 $2,741 $179,029 $44,360 $134,669
2016 $2,673 $175,520 $43,491 $132,029
2015 $2,543 $172,886 $42,839 $130,047
2014 $1,626 $99,951 $34,460 $65,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214007831

California Desert Association of REALTORS®

APN: 680-046-002