NOT LISTED FOR SALE

40450 Starlight Ln Bermuda Dunes, CA 92203

Estimated Value: $208,000 - $759,000

2.58 Acres
$212,828 Price per Acre
112,385 Sq Ft Lot

Sale Details

Date Sold: April 15, 2019

Last sale price $425,000

Est. 29% increase in value since last sale

Current estimated payment $3,431 / mo

38 Days on Market

Highlights

  • Horse Property
  • 2.58 Acre Lot
  • No HOA
  • James Monroe Elementary School Rated A-
  • Mountain View
  • Horse Trails

About This Lot

As of April 2019

Att: Builders. Developers. or anyone looking for a great opportunity to build your dream home in this 2.58 AC. lot. at Bermuda Dunes. The owners presently using this vacant lot for nursery landscaped with palm trees with approximate 700 dates palm trees. 1000 Sable palm trees. about 1,500 Mexican fans palms. and more. Trees are included with the sale of this property or can sold separate, or be removed at the time of sale. Water meter and irrigation system already connected at property. Paved front street. fenced property. Per County of Riverside, This 2.58 acre lot has great potential to build up to 3 homes. Buyers to do their own due diligent investigation or verification with Riverside county development & zoning department for any and all investigation. There's Plenty of room for all your big toys, horses, pool/Spa, so many things you can do with this great lot in Bermuda Dunes.
Commuter friendly. Close to shopping. restaurant and Coachella Polo fields. Bring your contractors with you.

Last Agent to Sell the Property

LEON MOLINA

BERKSHIRE HATH HM SVCS CA PROP License #01407620 Listed on: 02/11/2019

BERKSHIRE HATH HM SVCS CA PROP

Last Buyer's Agent

LEON MOLINA

BERKSHIRE HATH HM SVCS CA PROP License #01407620 Listed on: 02/11/2019

BERKSHIRE HATH HM SVCS CA PROP

Property Details

Property Type

  • Land

Lot Details

  • 2.58 Acre Lot
  • Rural Setting
  • Property is zoned R-1-12000

Property Views

  • Mountain
  • Valley

Additional Features

  • Agricultural
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 607032013

Community Details

Overview

  • No Home Owners Association
  • Valley

Recreation

  • Horse Trails
  • Horse Property

Property Details

Property Type

Land

Lot Details

2.58 Acres

Listing Details

  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: 312 - Bermunda Dunes, Myoma
  • View: Yes
  • Zoning: R-1-12000
  • Property Type: Land
  • Parcel Number: 607032013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 3.78

Exterior Features

  • View: Mountain(s), Valley

Utilities

  • Utilities: Water Available, Water Connected
  • Sewer: Unknown

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Horse Trails, Rural, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Agricultural, Horse Property
  • Lot Size Sq Ft: 112385.00
  • Lot Size Acres: 2.5800
  • Latitude Manual: 33.75483800

Multi Family

  • Lot Size Area: 112385.0000 Square Feet

Tax Info

  • Tax Census Tract: 452.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
Perasso Robert and Perasso Katrina
Bought by
Perasso Family Revocable Living Trust
Current Estimated Value
$549,095

Purchase Details

Listed on
Feb 11, 2019
Closed on
Mar 29, 2019
Sold by
Valencia Jesus and Reyes Cidra
Bought by
Perasso Robert and Perasso Katrina
Seller's Agent
LEON MOLINA
BERKSHIRE HATH HM SVCS CA PROP
Buyer's Agent
LEON MOLINA
BERKSHIRE HATH HM SVCS CA PROP
List Price
$499,000
Sold Price
$425,000
Premium/Discount to List
-$74,000
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Apr 4, 2005
Sold by
Sylvester Rex Jay and Sylvester Tracy Renee
Bought by
Valencia Jesus and Rayes Cidra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2001
Sold by
Gallo John P and Gallo Janet L
Bought by
Sylvester Rex Jay and Sylvester Tracy Renee

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
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 1996
Sold by
Lusic Miro and Music George Jim
Bought by
Gallo John P and Gallo Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,800
Interest Rate
8.07%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Perasso Family Revocable Living Trust -- --
Perasso Robert $425,000 Landwood Title
Valencia Jesus $500,000 Equity Title Company
Sylvester Rex Jay $162,000 Orange Coast Title
Gallo John P $60,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valencia Jesus $306,000
Previous Owner Sylvester Rex Jay $100,000
Previous Owner Gallo John P $34,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2019 04/15/19 Sold $425,000 -11.3% --
03/21/2019 03/21/19 Pending -- -- --
03/02/2019 03/02/19 Price Changed $479,000 -4.0% --
02/11/2019 02/11/19 For Sale $499,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,693 $474,093 $474,093 --
2023 $5,693 $455,685 $455,685 --
2022 $5,472 $446,750 $446,750 $0
2021 $5,365 $437,991 $437,991 $0
2020 $5,262 $274,732 $274,732 $0
2019 $3,271 $269,346 $269,346 $0
2018 $3,207 $264,065 $264,065 $0
2017 $3,141 $258,888 $258,888 $0
2016 $3,063 $253,812 $253,812 $0
2015 $3,076 $250,000 $250,000 $0
2014 $2,837 $230,000 $230,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19032524

California Regional Multiple Listing Service (CRMLS)

APN: 607-032-013

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