NOT LISTED FOR SALE

Estimated Value: $428,343 - $502,000

-- Bed
2 Baths
1,596 Sq Ft
$291/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $175,000 $110 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,667/month

22 Days on Market

Highlights

  • Water Views
  • Room in yard for a pool
  • Central Heating and Cooling System
  • Fruit Trees
  • Tile Flooring
  • Ceiling Fan

About This Home

As of February 2016

DUPLEX Great investment acquisition! Live in roomy newly-renovated unit, new luxury carpeting and paint and newerappliances, private back yard. Quiet street in suburban Palm Springs. Collect stable income from other side, OR rent both sides of DUPLEX in popular suburban Palm Springs for profitable investment. Shopping, restaurants and schools close by.

Last Agent to Sell the Property

Elaine Carini

New Era Realty-1, Inc. License #612131 Listed on: 01/04/2016

Last Buyer's Agent

Paulina Nelson

LPT Realty, LLC License #3179826

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,267

Year Built

  • Built in 1972

Lot Details

  • 8,654 Sq Ft Lot
  • Fenced
  • Fruit Trees

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Water Views

Flooring

  • Carpet
  • Tile

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $18,000
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 00424424030000291

Community Details

Overview

  • 2 Units
  • Bon Aire Acres Subdivision

Building Details

  • Operating Expense $4,500
  • Net Operating Income $13,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,267

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 10TH AVENUE N. exit from I-95, drive west 2 miles, left on KIRKRD. then right on RUTH RD, 4082-4084 RUTH RD. DUPLEXon left.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 1596.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Room For Pool
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424424030000291
  • Lot Size: 75.0 ft x 115.0 ft
  • Lot Size Sq Ft: 8654.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 13500.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4500.0
  • Total Actual Rent: 18000.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2267.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 26, 2016
Sold by
Mooney Donald C
Bought by
Leon Martha
Seller's Agent
Elaine Carini
New Era Realty-1, Inc.
Buyer's Agent
Paulina Nelson
LPT Realty, LLC
List Price
$189,500
Sold Price
$175,000
Premium/Discount to List
-$14,500
-7.65%
Current Estimated Value
$464,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,336
Avg. Annual Appreciation
11.30%
Original Mortgage
$171,830
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Leon Martha $175,000 First Intl Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Martha $153,000
Closed Leon Martha $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $175,000 -7.7% $110 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $189,500 -- $119 / 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 $1,627 $78,432 -- --
2023 $1,554 $76,148 $0 $0
2022 $1,536 $73,930 $0 $0
2021 $1,455 $71,777 $0 $0
2020 $2,949 $157,548 $0 $0
2019 $2,919 $156,819 $0 $0
2018 $2,539 $152,109 $0 $0
2017 $2,321 $133,015 $48,154 $84,861
2016 $2,442 $86,803 $0 $0
2015 $2,267 $78,912 $0 $0
2014 $2,057 $71,738 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10195320

BeachesMLS

APN: 00-42-44-24-03-000-0291