$335,000
SOLD JUN 21, 2013

43342 Callaway Ct Palm Desert, CA 92260

5 Beds
4 Baths
2,116 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$158 Per Sq Ft

3% Above List Price

219 Days on Market

Highlights

  • Outdoor Pool
  • Traditional Architecture
  • 1-Story Property
  • Palm Desert High School Rated A
  • Cul-De-Sac
  • 4-minute walk to Magnesia Falls City Park

About This Home

As of February 2019

Well Maintained income property inside/out that are currently leased: 1 unit has 3bd 2baths with large private backyard including a single attached garage with carport. The SECOND is a 2bd 2 bath that also comes with a private backyard, garage and carport. This unit is located in a highly desirable area of Palm Desert in a nice quiet cul-de-sac. Don's miss a great opportunity to own income property that has been well cared for and always leased, close to shopping and restaurants.

Last Agent to Sell the Property

Michael Leon

Realty Executives Desert Lifestyles License #01411995 Listed on: 09/30/2012

Realty Executives Desert Lifestyles

Last Buyer's Agent

Michael Lambert

Berkshire Hathaway HomeServic License #SSCHWVAN

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

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Vineyards Subdivision

Building Details

  • Gross Income $3,000
  • Net Operating Income $26,200

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: One
  • Price Per Unit: 349900.00
  • Builders Tract Code: Vineyards
  • Building Style: Traditional
  • List Price per Sq Ft: 165.36
  • Lp Sp Ratio: 0.9574
  • Water District Name: to be verified by buyers/Ediso
  • Year Built: 1980
  • Internal Listing I D: 20190608184230970800000000
  • Listing I D: 21462302
  • Listing Member Address: 78065 Main Ste #107, La Quinta, CA 92253
  • Listing Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-9190
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 505 Oak Ave., Ste. A, Carlsbad, CA 92008
  • Subdivision: Vineyards
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction: Stucco, Wood
  • Roofing: Concrete, Tile
  • Foundation: Slab
  • Pool: Yes
  • Numberof Patios: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Central
  • Water Heater: Yes

Lot Info

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

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 1

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%
Current Estimated Value
$694,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,505
Avg. Annual Appreciation
5.12%
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
5.59%
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

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 Type Sale Price Title Company
Grant Deed $470,000 Orange Coast Title
Grant Deed -- Orange Coast Title
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $335,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $330,000 Fidelity National Title Co
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- Old Republic Title
Grant Deed $215,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $74,036 Credit Line Revolving
Open $510,000 New Conventional
Closed $15,756 FHA
Closed $447,740 FHA
Previous Owner $251,250 Commercial
Previous Owner $264,000 Seller Take Back
Previous Owner $75,000 Commercial
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
2025 $7,937 $918,065 $130,513 $787,552
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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21462302

California Desert Association of REALTORS®

APN: 622-170-009