NOT LISTED FOR SALE

421 E Cottonwood Rd Palm Springs, CA 92262

Estimated Value: $496,182 - $986,000

3 Beds
3 Baths
1,600 Sq Ft
$517/Sq Ft Est. Value

Last Sold June 11, 2012

Last sale price $162,000 $101 Per Sq Ft

Est. 411% increase in value since last sale

Current estimated payment $4,695/month

110 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Central Heating and Cooling System
  • Palm Springs High School Rated A-

About This Home

As of June 2012

Very clean studio apartments!! These units are ready to rent today at an estimated $550 per unit! LARGE back yard with plenty of room for a pool. Each unit is very Large and provides ample living space! Laundry facilities on site. You must see to appreciate! Brand new roof with 5 yr warranty!!!

Last Agent to Sell the Property

Amber Schlieder

Authority Real Estate License #01323596 Listed on: 01/07/2012

Last Buyer's Agent

Grant Brubaker

Authority Real Estate License #01855976

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,409

Year Built

  • Built in 1953

Lot Details

  • 10,454

Parking

  • 6 Parking Spaces

Home Design

  • 1,600 Sq Ft Home

Flooring

  • Carpet
  • Tile

Additional Features

  • 3 Bathrooms
  • Laundry Room
  • 10,454 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 507023002

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,409

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Other Phone Description: Office Phone
  • Other Phone Number: 760-990-4724
  • Property Type: Residential Income
  • Parcel Number: 507023002
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 101.25

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 10454.00
  • Lot Size Acres: 0.2400

Multi Family

  • Lot Size Area: 10454.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 27
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2012
Closed on
May 22, 2012
Sold by
North Cal Properties Llc
Bought by
Equity Trust Company and Michael Vega Ira
Seller's Agent
Amber Schlieder
Authority Real Estate
Buyer's Agent
Grant Brubaker
Authority Real Estate
List Price
$199,900
Sold Price
$162,000
Premium/Discount to List
-$37,900
-18.96%
Current Estimated Value
$827,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$665,796
Avg. Annual Appreciation
12.44%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Bank Of America Na
Bought by
North Cal Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2011
Sold by
Cameron Ladd E and Cameron Patricia R
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Dec 10, 2010
Sold by
Magnus Lp
Bought by
Cameron Ladd E and Cameron Patricia R

Purchase Details

Closed on
Jul 20, 2006
Sold by
Cameron Ladd E and Cameron Patricia Renee
Bought by
Magnus Lp

Purchase Details

Closed on
Jun 15, 2005
Sold by
Cameron Ladd E and Cameron Patricia Renee
Bought by
Cameron Ladd E and Cameron Patricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 2003
Sold by
Hiner Valerie June
Bought by
Cameron Ladd E and Cameron Patricia Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,250
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 28, 2002
Sold by
Jones Terrence Brickey
Bought by
Jones Terrence Brickey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2002
Sold by
Jones Terrence Brickey
Bought by
Hiner Valerie June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 18, 1999
Sold by
Ames Des K
Bought by
Ames Des K and The Ames Marital Trust

Purchase Details

Closed on
Nov 16, 1994
Sold by
Ames Des K and Ames Priscilla C
Bought by
Ames Des K and Ames Priscilla Crabb

Purchase Details

Closed on
Feb 18, 1994
Sold by
Brickey Lawerence P and Ames Des K
Bought by
Ames Des K and Ames Priscilla C
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 Buyer Sale Price Title Company
Equity Trust Company $162,000 Fidelity National Title
North Cal Properties Llc $103,000 Fidelity National Title Co
Bac Home Loans Servicing Lp $121,500 Landsafe Title
Cameron Ladd E -- Lawyers Title Company
Magnus Lp -- None Available
Cameron Ladd E -- Land America Southland Title
Cameron Ladd E $205,000 Fidelity Natl Title Ins Co
Jones Terrence Brickey -- Orange Coast Title Co
Jones Terrence Brickey -- Orange Coast Title Co
Hiner Valerie June $129,000 Orange Coast Title Co
Ames Des K -- --
Ames Des K -- --
Ames Des K -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Cal Properties Llc $0
Previous Owner Cameron Ladd E $192,500
Previous Owner Cameron Ladd E $174,250
Previous Owner Hiner Valerie June $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2012 06/11/12 Sold $162,000 -19.0% $101 / Sq Ft
04/26/2012 04/26/12 Pending -- -- --
01/07/2012 01/07/12 For Sale $199,900 -- $125 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,409 $203,465 $50,233 $153,232
2023 $3,409 $195,567 $48,284 $147,283
2022 $3,459 $191,734 $47,338 $144,396
2021 $3,408 $187,975 $46,410 $141,565
2020 $3,296 $186,049 $45,935 $140,114
2019 $3,254 $182,402 $45,035 $137,367
2018 $3,210 $178,826 $44,153 $134,673
2017 $3,175 $175,321 $43,288 $132,033
2016 $3,084 $171,885 $42,440 $129,445
2015 $2,931 $169,304 $41,803 $127,501
2014 $2,819 $165,989 $40,985 $125,004
Source: Public Records

Agents Affiliated with this Home

  • Amber Schlieder

    Seller's Agent in 2012

    Amber Schlieder

    Authority Real Estate

    (951) 654-7200

    1 Total Sale

    Amber Schlieder
    Section Image
  • Grant Brubaker

    Buyer's Agent in 2012

    Grant Brubaker

    Authority Real Estate

    (951) 654-7200

    19 Total Sales

    Grant Brubaker
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: T12004266

California Regional Multiple Listing Service (CRMLS)

APN: 507-023-002

California Riverside County Palm Springs 92262

421 E Cottonwood Rd, Palm Springs, CA

This home is located at 421 E Cottonwood Rd, Palm Springs, CA 92262 since 07 January 2012 and is currently estimated at $827,796, approximately $517 per square foot. This property was built in 1953. 421 E Cottonwood Rd is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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