NOT LISTED FOR SALE

41651 Adams St Unit A,B,C Bermuda Dunes, CA 92203

Estimated Value: $683,000 - $967,000

6 Beds
6 Baths
3,302 Sq Ft
$264/Sq Ft Est. Value

Last Sold July 16, 2012

Last sale price $390,000 $118 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $5,749/month

42 Days on Market

Highlights

  • Outdoor Pool
  • Double Pane Windows
  • Forced Air Heating and Cooling System
  • James Monroe Elementary School Rated A-
  • 1-Story Property

About This Home

As of July 2012

Investors looking for low maintenance/high return units look no further! This quality triplex was build in 2004 and is in immaculate condition and is fully rented at $1,150 per unit for a total income of $3,450 monthly. Can you taste the positive cash flow with today's interest rates? This single story complex was built with low maintenance in mind. Each unit has two bedrooms and two baths, an open kitchen facing the living room. All living rooms, kitchens, baths and hallways are tiled and there is carpet in the bedrooms. Please view the pictures and video attached to this listing to see what we mean. Each unit has a private gated courtyard and a walled private back yard! Each unit has a detached 2 car garage. You could live in one unit and rent the other two or just sit back and collect the rents. Desert landscaping in front and back makes for low cost yard maintenance. Each unit is separately metered for electric and gas. Snap this up today before someone else does!

Last Agent to Sell the Property

Bill Clawson

Coldwell Banker Realty License #01318944 Listed on: 05/24/2012

Coldwell Banker Realty

Last Buyer's Agent

JoAnne M Gilliam

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,097

Year Built

  • Built in 2004

Lot Details

  • 0.3

Parking

  • 1 Car Parking Space

Home Design

  • Slab Foundation
  • Shingle Roof
  • Tile Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 3,302 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Vertical Blinds

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Pool
  • 0.3 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 607204021

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $660
  • Gross Income $3,450
  • Net Operating Income $37,836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,097

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 131666.00
  • Builders Tract Code: NA-312
  • List Price per Sq Ft: 119.62
  • Lp Sp Ratio: 0.9873
  • Water District Name: Myoma Water District
  • Year Built: 2004
  • ADA Compliant: Yes
  • Internal Listing I D: 20190608184248682312000000
  • Listing I D: 21454544
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Member Fax: (866) 308-7057
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 3
  • Number of Ranges: 3
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Laundry Equipment: Own
  • Estimated Sq Ft: 3302.00
  • Windows Treatments: Double Pane Windows, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Tile, Shingle
  • Foundation: Slab
  • Pool: Yes
  • Numberof Patios: 3
  • Paved: Yes

Garage/Parking

  • Parking Info Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 3
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 3
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 607204021
  • Lot Size: 13068.00

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Refrigerators: 3
  • Total Units: 3

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2022
Sold by
Weber Lvonne Yessayian
Bought by
7123 Hazeltine Llc
Current Estimated Value
$858,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Outstanding Balance
$593,898
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$264,395

Purchase Details

Closed on
Nov 3, 2016
Sold by
Weber Cameron Scott
Bought by
Weber Lvonne Yessayian

Purchase Details

Closed on
Oct 11, 2016
Sold by
Starcrest Us Limited Partnership
Bought by
Weber Lvonne Yessayian

Purchase Details

Listed on
May 24, 2012
Closed on
Jun 13, 2012
Sold by
Slutske Joel A and Slutske Adrienne E
Bought by
Starcrest Us Limited Parnership
Seller's Agent
Bill Clawson
Coldwell Banker Realty
Buyer's Agent
JoAnne M Gilliam
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%

Purchase Details

Closed on
Oct 13, 2009
Sold by
U S Bank National Association
Bought by
Slutske Joel A and Slutske Adrienne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 10, 2009
Sold by
Alotis Carrie
Bought by
U S Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,750
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2005
Sold by
Alotis Carrie
Bought by
Carrie W Alotis Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.32%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 13, 2005
Sold by
Stoianovici Toma and Stoianovici Eva
Bought by
Alotis Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.32%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 9, 2003
Sold by
Brauner Richard D and Maxine Brauner V
Bought by
Stoianovici Toma and Stoianovici Eva

Purchase Details

Closed on
Apr 9, 2002
Sold by
Sclifo Victor Carl and Sclifo Mary Kaye
Bought by
Brauner Richard D and Maxine Brauner V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,175
Interest Rate
7.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 1998
Sold by
Maguin Jean M Trust and Kaye Mary Kaye
Bought by
Sclifo Victor Carl and Sclifo Mary Kaye

Purchase Details

Closed on
Oct 14, 1997
Sold by
Maguin Jean M
Bought by
The Jean Maguin Revocable Living Trust
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
7123 Hazeltine Llc $875,000 Fidelity National Title
Weber Lvonne Yessayian -- First American Title Company
Weber Lvonne Yessayian $565,000 First American Title Company
Starcrest Us Limited Parnership $390,000 Lawyers Title
Slutske Joel A $374,000 Lawyers Title Company
U S Bank National Association $303,750 Lawyers Title
Carrie W Alotis Revocable Living Trust -- --
Alotis Carrie $705,000 Fidelity National Title
Stoianovici Toma $60,000 Chicago Title Co
Brauner Richard D $55,000 Old Republic Title Company
Sclifo Victor Carl -- --
The Jean Maguin Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 7123 Hazeltine Llc $612,500
Previous Owner Weber Lvonne Yessayian $255,000
Previous Owner Starcrest U S Limited Partnership $800,000
Previous Owner Slutske Joel A $276,750
Previous Owner Alotis Carrie $375,000
Previous Owner Brauner Richard D $41,175
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $390,000 -1.3% $118 / Sq Ft
07/05/2012 07/05/12 Pending -- -- --
05/24/2012 05/24/12 For Sale $395,000 -- $120 / 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 $12,097 $910,349 $226,807 $683,542
2023 $12,097 $630,265 $167,326 $462,939
2022 $8,567 $617,908 $164,046 $453,862
2021 $8,349 $605,793 $160,830 $444,963
2020 $8,207 $599,582 $159,181 $440,401
2019 $8,065 $587,826 $156,060 $431,766
2018 $7,926 $576,300 $153,000 $423,300
2017 $7,834 $565,000 $150,000 $415,000
2016 $5,929 $405,686 $101,420 $304,266
2015 $5,947 $399,595 $99,898 $299,697
2014 $5,863 $391,769 $97,942 $293,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21454544

California Desert Association of REALTORS®

APN: 607-204-021