NOT LISTED FOR SALE

Estimated Value: $661,000 - $878,921

6 Beds
6 Baths
3,302 Sq Ft
$232/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2022

Last sale price $875,000 $265 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,225 / mo

48 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • James Monroe Elementary School Rated A-
  • 1-Story Property

About This Home

As of November 2022

Unique opportunity to own an excellent, turn-key investment property. This single-level complex is comprised of three 2 bed / 2 bath units. Each unit has an open floor plan, a private courtyard, backyard, and private 2-car garage. The units are all well-maintained. Each unit is separately metered for electricity and gas. All units are occupied. Located in the heart of Bermuda Dunes, in close proximity to Indio, La Quinta, and Palm Desert. Property Details: 3 2 bed, 2 bath units. Unit A - $1,450 / Unit B - $1,620 / Unit C - Vacant. GOI - $60,840 / Exp - $15,000 / NOI - $45,840 / CAP - 4.58%

Last Agent to Sell the Property

David Yun

Compass License #01965361 Listed on: 08/27/2022

Compass

Last Buyer's Agent

MLS Non Member

Non Member MLS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 13,068 Sq Ft Lot

Parking

  • 6 Car Garage

Interior Spaces

  • 3,302 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 607-204-021

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0.3 Acres

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3302
  • Lot Acreage: 0.3000
  • Stories: 1
  • Year Built: 2004
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 302.84

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 6
  • Parking Garage: Garage - 2 Car, Private
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Forced Air, Natural Gas

Lot Info

  • Assessed Improvement Percent: 73.45
  • Assessed Improvement Value: 444963
  • Assessed Land Percent: 26.55
  • Assessed Land Value: 160830
  • Total Assessed Value: 605793
  • Assessor Parcel Number: 607-204-021
  • Lot Size Area: 13068

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.43
  • Number Of Units: 3
  • Type Of Units: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Oct 26, 2022
Sold by
Bought by
Seller's Agent
David Yun
Compass
Buyer's Agent
MLS Non Member
Non Member MLS
List Price
$999,988
Sold Price
$875,000
Premium/Discount to List
-$124,988
-12.5%
Views
39
Current Estimated Value
$764,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,520
Avg. Annual Appreciation
-3.48%
Original Mortgage
$612,500
Outstanding Balance
$586,023
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$178,457

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 3, 2016
Sold by
Bought by
Seller's Agent
Alex Garcia
MARCUS & MILLICHAP
Buyer's Agent
Alex Garcia
MARCUS & MILLICHAP
List Price
$595,000
Sold Price
$565,000
Premium/Discount to List
-$30,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 11, 2016
Sold by
Bought by
Seller's Agent
Alex Garcia
MARCUS & MILLICHAP
Buyer's Agent
Alex Garcia
MARCUS & MILLICHAP
List Price
$595,000
Sold Price
$565,000
Premium/Discount to List
-$30,000
-5.04%

Purchase Details

Closed on
Jun 13, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2009
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Apr 9, 2002
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Oct 14, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Bermuda Dunes, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$875,000 Fidelity National Title
-- First American Title Company
$565,000 First American Title Company
$390,000 Lawyers Title
$374,000 Lawyers Title Company
$303,750 Lawyers Title
-- --
$705,000 Fidelity National Title
$60,000 Chicago Title Co
$55,000 Old Republic Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $612,500
Previous Owner $255,000
Previous Owner $800,000
Previous Owner $276,750
Previous Owner $375,000
Previous Owner $41,175
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $875,000 -12.5% $265 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $999,988 +77.0% $303 / Sq Ft
11/28/2016 11/28/16 Sold $565,000 -5.0% $171 / Sq Ft View Prior Sale
10/28/2016 10/28/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $595,000 -- $180 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,366 $928,555 $231,343 $697,212
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: The MLS

MLS Number: 22-189613

The MLS

APN: 607-204-021

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