NOT LISTED FOR SALE

42445 Iowa St Palm Desert, CA 92211

Estimated Value: $230,000 - $387,000

2 Beds
1 Bath
966 Sq Ft
$341/Sq Ft Est. Value

Last Sold June 07, 2012

Last sale price $91,000 $94 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $2,344/month

70 Days on Market

Highlights

  • 1-Story Property
  • Gerald R. Ford Elementary School Rated A-
  • Central Air

About This Home

As of June 2012

Very cute home located within the Palm Desert Country Club community. Large private yard, lots of potential. This is a Fannie Mae HomePath property. This property is approved for HomePath Mortgage Finance and HomePath Renovation Mortgage Financing. Eligibility restrictions apply. If buyer intends to occupy property you must include Owner Occupant Certification Form signed by buyers with initial offer.

Last Agent to Sell the Property

John Uselton

HK Lane Real Estate License #01505724 Listed on: 02/06/2012

Co-Listed By

Amy Moore

HK Lane Real Estate License #01883271

Last Buyer's Agent

John Uselton

HK Lane Real Estate License #01505724 Listed on: 02/06/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 1961

Lot Details

  • 6,098

HOA Fees

Interior Spaces

  • 966 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,098 Sq Ft Lot
  • Central Air

Community Details

  • Palm Desert Country Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 637095014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,132

Year Built

Built in 1961

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One
  • Builders Tract Code: Palm Desert Country
  • List Price per Sq Ft: 103.42
  • Lp Sp Ratio: 0.9109
  • Year Built: 1961
  • Co Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Co Listing Office Fax: (760) 834-7575
  • Co Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Co Selling Office Fax: (760) 834-7575
  • Listing I D: 21447353
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Palm Desert Country Club
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 966.00

Utilities

  • Cooling Type: Air Conditioning, Central Air

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 333.00
  • HOA Fee 2: 94.00
  • Total Monthly Association Fees: 427.00

Lot Info

  • Assessor Parcel Number: 637095014
  • Lot Acres: 0.1400
  • Lot Size: 6098.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2012
Closed on
May 4, 2012
Sold by
Federal National Mortgage Association
Bought by
Nason Andrew
Seller's Agent
John Uselton
HK Lane Real Estate
Buyer's Agent
John Uselton
HK Lane Real Estate
List Price
$112,900
Sold Price
$91,000
Premium/Discount to List
-$21,900
-19.4%
Current Estimated Value
$328,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,991
Avg. Annual Appreciation
10.08%
Original Mortgage
$89,351
Outstanding Balance
$62,913
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$266,078

Purchase Details

Closed on
Dec 7, 2011
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2011
Sold by
Knight Todd Robert
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jun 7, 2005
Sold by
Knight Todd Robert
Bought by
Knight Todd Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2004
Sold by
Singer Alden R and Singer Mary Annette
Bought by
Knight Todd Robert

Purchase Details

Closed on
Jun 16, 1997
Sold by
Mcghee Kenneth E and Mcghee Lourina F
Bought by
Singer Alden R and Singer Mary Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
7.93%
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
Nason Andrew $91,000 Lawyers Title
Federal National Mortgage Association -- None Available
Gmac Mortgage Llc $218,453 None Available
Knight Todd Robert -- Lawyers Title Co
Knight Todd Robert $165,000 Financial Title Company
Singer Alden R $69,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nason Andrew $89,351
Previous Owner Knight Todd Robert $34,000
Previous Owner Singer Alden R $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2012 06/07/12 Sold $91,000 -8.9% $94 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
03/19/2012 03/19/12 Price Changed $99,900 -11.5% $103 / Sq Ft
02/06/2012 02/06/12 For Sale $112,900 -- $117 / 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 $2,132 $114,286 $28,569 $85,717
2023 $2,132 $109,850 $27,460 $82,390
2022 $1,934 $107,697 $26,922 $80,775
2021 $1,880 $105,587 $26,395 $79,192
2020 $1,855 $104,505 $26,125 $78,380
2019 $1,825 $102,457 $25,613 $76,844
2018 $1,795 $100,449 $25,111 $75,338
2017 $1,761 $98,480 $24,619 $73,861
2016 $1,728 $96,550 $24,137 $72,413
2015 $1,714 $95,101 $23,775 $71,326
2014 $1,550 $93,240 $23,310 $69,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21447353

California Desert Association of REALTORS®

APN: 637-095-014