$420,000
SOLD DEC 28, 2015

39910 Bird Ln Rancho Mirage, CA 92270

4 Beds
4 Baths
2,500 Sq Ft
0.36 Acres

Recently Sold

$168 Per Sq Ft

4% Below List Price

145 Days on Market

About This Home

As of December 2015

Great rental property! This 4-plex has been well maintained with a newer pool plaster and equipment. All units are currently rented. Coin laundry provides additional income. Great location close to The River, restaurants, El Paseo, movies and bus line.

Last Agent to Sell the Property

Marc Lange

Equity Union License #01407481 Listed on: 05/08/2015

Equity Union

Co-Listed By

Carl Blea

AC Eagle Corporation License #01877329

Last Buyer's Agent

Steven Gaffney

HomeSmart Professionals License #01389671

HomeSmart Professionals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,754

Year Built

1958

Lot Details

0

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2015-07-29
  • Building Size: 2500.0
  • Building Structure Style: Mid Century
  • Doors: Sliding Glass Door(s)
  • Driving Directions: From Highway 111, turn south on Peterson (across the street from Blue Skies Village mobile home park). Peterson becomes Bird Lane. Property is on the corner of Bird Lane and Thunder Road.
  • Full Street Address: 39910 BIRD LN
  • Pool Construction: Gunite
  • Pool Descriptions: Filtered, Association Pool
  • Primary Object Modification Timestamp: 2018-05-04
  • Total Number of Units: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Appliances: Range, Built-In Electric, Cooktop - Electric, Free Standing Electric
  • Additional Land Available: 35040.00
  • Advertising Remarks: Great rental property! This 4-plex has been well maintained with a newer pool plaster and equipment. All units are currently rented. Coin laundry provides additional income. Great location close to The River, restaurants, El Paseo, movies and bus line.
  • Assessed Improvement Value: 231107.00
  • Assessed Land Value: 120804.00
  • Total Bedrooms: 4
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Expense Electric: 1260.00
  • Expense Gardener: 400.00
  • Expense Insurance: 1600.00
  • Expense Licenses: 336.00
  • Expense Pest: 120.00
  • Expense Pool: 1140.00
  • Expense Tax: 4887.00
  • Annual Expense: 10846.16
  • Expense Trash: 203.00
  • Expense Water: 900.00
  • Gross Rent Multiplier: 12.53
  • Laundry Income: 120.0
  • Levels: One Level
  • Net Operating Income: 24194.00
  • Number Dishwasher: 1
  • Number Electric Meters: 4
  • Number Gas Meters: 3
  • Number Leased: 4
  • Number Of Buildings: 1
  • Number Wall A C: 1
  • Owner Pays: Electric, Gas, Pool Service, Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Water Heaters: Yes
  • Appliances: Dishwasher
  • Laundry: Community
  • Pool: Yes

Exterior Features

  • View: No
  • Lot Size Sq Ft: 15834
  • Common Walls: Attached
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Other Features: Slab
  • Patio: Concrete Slab

Garage/Parking

  • Parking Features: Uncovered
  • Parking Type: Assigned, Unassigned

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Central A/C, Window Unit(s)
  • Heating Type: Central Furnace, Wall Heater

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Gross Operating Income: 35040.00
  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2015
Sold by
Nelson Kurt
Bought by
Sammo Anthony and Sammo Marlon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 2012
Sold by
Kln Group Llc
Bought by
Nelson Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,511
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2009
Sold by
Nelson Kurt
Bought by
Kln Group Llc

Purchase Details

Closed on
Oct 6, 2008
Sold by
Us Bank National Association
Bought by
Nelson Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2008
Sold by
Godick Michael
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 21, 2006
Sold by
Godick Michael E
Bought by
Godick Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,450
Interest Rate
10.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2005
Sold by
Godick Larisa
Bought by
Godick Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 15, 2005
Sold by
Terry Michael E and Terry Elizabeth P
Bought by
Godick Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2003
Sold by
Miller Robert Joseph
Bought by
Terry Michael E and Terry Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 1999
Sold by
Lacey Eugene C and Lacey Geraldine Geraldine
Bought by
Miller Robert Joseph
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 Type Sale Price Title Company
Grant Deed $420,000 Title365
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed -- Fidelity National Title
Trustee Deed $444,000 Accommodation
Interfamily Deed Transfer -- New Century Title Company
Interfamily Deed Transfer -- New Century Title Company
Grant Deed $535,000 New Century Title Company
Grant Deed -- Southland Title
Grant Deed $163,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 New Conventional
Open $455,470 FHA
Previous Owner $294,000 Commercial
Previous Owner $259,511 Commercial
Previous Owner $268,000 Commercial
Previous Owner $592,450 Commercial
Previous Owner $374,500 Commercial
Previous Owner $340,000 Commercial
Closed $107,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 For Sale $999,000 0.0% --
04/12/2017 04/12/17 Rented $795 0.0% --
04/09/2017 04/09/17 Under Contract -- -- --
03/21/2017 03/21/17 For Rent $795 -8.1% --
05/19/2016 05/19/16 Rented $865 0.0% --
05/13/2016 05/13/16 For Rent $865 0.0% --
12/28/2015 12/28/15 Sold $420,000 -4.3% $168 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $439,000 -- $176 / Sq Ft
Source: The MLS

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
2023 $6,754 $477,886 $147,916 $329,970
2022 $6,712 $468,516 $145,016 $323,500
2021 $6,578 $459,330 $142,173 $317,157
2020 $6,255 $454,621 $140,716 $313,905
2019 $6,151 $445,707 $137,957 $307,750
2018 $6,039 $436,968 $135,252 $301,716
2017 $5,952 $428,400 $132,600 $295,800
2016 $5,785 $420,000 $130,000 $290,000
2015 $4,924 $358,941 $123,217 $235,724
2014 $4,887 $351,911 $120,804 $231,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-894607PS

The MLS

APN: 689-202-034