Seller's Agent in 2019
Dick Sacowicz
RE/MAX
(760) 861-0952
8 Total Sales
43342 Callaway Ct Palm Desert, CA 92260
5
Beds
4
Baths
2,116
Sq Ft
10,019
Sq Ft Lot
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 2019Drive 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
Re/Max Desert Properties License #01719083 Listed on: 11/01/2018
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,824
Avg. Annual Appreciation
5.11%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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 | $524,289 | $130,513 | $393,776 |
| 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
-
-
Buyer's Agent in 2019
Hugo Barron
RE/MAX
84 Total Sales
-
Seller's Agent in 2013
Michael Leon
Realty Executives Desert Lifestyles
(805) 857-8816
39 Total Sales
-
M
Buyer's Agent in 2013
Michael Lambert
Berkshire Hathaway HomeServic
Map
Source: California Desert Association of REALTORS®
MLS Number: 218029758
APN: 622-170-009
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