NOT LISTED FOR SALE

43342 Callaway Ct Palm Desert, CA 92260

Estimated Value: $538,000 - $853,000

5 Beds
4 Baths
2,116 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 26, 2019

Last sale price $470,000 $222 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,713/month

111 Days on Market

Highlights

  • Cul-De-Sac
  • Central Heating and Cooling System
  • 4-minute walk to Magnesia Falls City Park
  • Palm Desert High School Rated A
  • Level Lot

About This Home

As of February 2019

Drive by and take a look at these well maintained income-producing properties but please do not disturb tenants. Seldom available, both units are presently occupied. The property consists of two attached single story residences. Unit A is 3 BR, 2 BA with a large private fenced yard and a single car garage and adjacent covered carport. Unit A is leased at $1435/month thru November 30, 2019. Unit B is 2 BR, 2 BA with a single car garage, covered carport and a private fenced yard. Unit B is leased at $1265/month thru April 30, 2019. Located in the Vineyards, this property is close to EL Paseo shopping, many restaurants and lots of entertainment including the McCallum theater. Also close to the College of the Desert, Civic Center Park and much more. Don't miss this great opportunity to own a well cared for income property. The property is presently under professional management by VPM Rents Inc.

Last Agent to Sell the Property

Dick Sacowicz

Re/Max Desert Properties License #01719083 Listed on: 11/01/2018

Re/Max Desert Properties

Last Buyer's Agent

Hugo Barron

Re/Max Property Connection License #01242640

Re/Max Property Connection

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,937

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

Home Design

  • 2,116 Sq Ft Home
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Garage
  • 1 Carport Space

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 622170009

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Vineyards Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $6,272
  • Gross Income $31,980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,937

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 249500.00
  • Builders Tract Code: Vineyards
  • List Price per Sq Ft: 235.82
  • Lp Sp Ratio: 0.9419
  • Year Built: 1980
  • Internal Listing I D: 20190608184819812581000000
  • Listing I D: 218029758
  • Listing Office Address: 333 N. Palm Canyon Dr,. #102, Palm Springs, CA 92262
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 26381 Crown Valley Pkwy No. 180, Mission Viejo, CA 92691
  • Land Type: Fee
  • Subdivision: Vineyards
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2116.00

Exterior Features

  • Roofing: Composition, Shingle

Garage/Parking

  • Parking Info Total Carport Spaces: 1.00
  • Parking Info Total Garage Spaces: 1.00
  • Parking Info Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 622170009
  • Lot Description: Level
  • Lot Location: Cul-De-Sac
  • Lot Size: 10019.00

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Gas, Electricity
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Feb 12, 2019
Sold by
Rogers Patrick M and Rogers Amber F
Bought by
Park Gregory E
Seller's Agent
Dick Sacowicz
Re/Max Desert Properties
Buyer's Agent
Hugo Barron
Re/Max Property Connection
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%
Total Days on Market
111
Current Estimated Value
$721,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,829
Avg. Annual Appreciation
7.13%
Original Mortgage
$447,740
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2018
Sold by
Rogers Patrick M and Rogers Amber F
Bought by
43342 Callaway Court Llc

Purchase Details

Listed on
Sep 30, 2012
Closed on
Jun 24, 2013
Sold by
Rogers Patrick and Rogers Amber
Bought by
Rogers Patrick M and Rogers Amber F
Seller's Agent
Michael Leon
Realty Executives Desert Lifestyles
Buyer's Agent
Michael Lambert
Berkshire Hathaway HomeServic
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%
Original Mortgage
$251,250
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 30, 2012
Closed on
May 21, 2013
Sold by
Rickerd Donald Murl and Rickerd Rosalie
Bought by
Rogers Patrick and Rogers Amber
Seller's Agent
Michael Leon
Realty Executives Desert Lifestyles
Buyer's Agent
Michael Lambert
Berkshire Hathaway HomeServic
List Price
$325,000
Sold Price
$335,000
Premium/Discount to List
$10,000
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
3.38%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2006
Sold by
Rickerd Donald Murl and Rickerd Rosalie
Bought by
Rickerd Donald Murl and Rickerd Rosalie

Purchase Details

Closed on
Dec 22, 2003
Sold by
Foster William T J and Foster Mary Ann
Bought by
Rickerd Donald Murl and Rickert Rosalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.79%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 10, 2001
Sold by
Foster William T J and Foster Mary Ann
Bought by
Foster William T J and Foster Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2001
Sold by
Brown Carol
Bought by
Brown Jeffrey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2001
Sold by
Brown Jeffrey C
Bought by
Foster William T J and Foster Maryann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.73%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Park Gregory E $470,000 Orange Coast Title
Rogers Patrick M -- Orange Coast Title
43342 Callaway Court Llc -- None Available
Rogers Patrick M -- None Available
Rogers Patrick $335,000 Lawyers Title
Rickerd Donald Murl -- None Available
Rickerd Donald Murl $330,000 Fidelity National Title Co
Foster William T J -- Old Republic Title Company
Brown Jeffrey C -- Old Republic Title
Foster William T J $215,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Gregory E $74,036
Open Park Gregory E $510,000
Closed Park Gregory E $15,756
Closed Park Gregory E $447,740
Previous Owner Rogers Patrick $251,250
Previous Owner Rickerd Donald Murl $264,000
Previous Owner Foster William T J $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2019 02/26/19 Sold $470,000 -5.8% $222 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $499,000 +49.0% $236 / Sq Ft
06/21/2013 06/21/13 Sold $335,000 +3.1% $158 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
09/30/2012 09/30/12 For Sale $325,000 -- $154 / 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
2023 $7,937 $503,932 $125,446 $378,486
2022 $7,382 $494,052 $122,987 $371,065
2021 $7,190 $484,366 $120,576 $363,790
2020 $7,074 $479,400 $119,340 $360,060
2019 $5,736 $369,801 $88,308 $281,493
2018 $5,643 $362,551 $86,578 $275,973
2017 $5,488 $355,443 $84,881 $270,562
2016 $5,392 $348,474 $83,217 $265,257
2015 $5,389 $343,242 $81,968 $261,274
2014 $5,043 $336,520 $80,363 $256,157
Source: Public Records

Agents Affiliated with this Home

  • Dick Sacowicz

    Seller's Agent in 2019

    Dick Sacowicz

    RE/MAX

    (760) 861-0952

    9 Total Sales

    Dick Sacowicz
    Section Image
  • Hugo Barron

    Buyer's Agent in 2019

    Hugo Barron

    RE/MAX

    80 Total Sales

    Hugo Barron
    Section Image
  • Michael Leon

    Seller's Agent in 2013

    Michael Leon

    Realty Executives Desert Lifestyles

    (805) 857-8816

    39 Total Sales

    Michael Leon
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Lambert

    Berkshire Hathaway HomeServic

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218029758

California Desert Association of REALTORS®

APN: 622-170-009

California Riverside County Palm Desert 92260

43342 Callaway Ct, Palm Desert, CA

This home is located at 43342 Callaway Ct, Palm Desert, CA 92260 since 01 November 2018 and is currently estimated at $721,829, approximately $341 per square foot. This property was built in 1980. 43342 Callaway Ct is a home located in Riverside County with nearby schools including Abraham Lincoln Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert 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 Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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