NOT LISTED FOR SALE

Estimated Value: $483,000 - $611,000

4 Beds
3 Baths
1,500 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $290,000 $193 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,371/month

106 Days on Market

Highlights

  • Views
  • 1-Story Property
  • Baseboard Heating
  • Palm Desert High School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Great Investment Opportunity! Central Palm Desert fixer, 2bed 1 bath main house, two furnished turnkey studios ARBNB rentals, great rental history, hurry this opportunity wont last!

Last Agent to Sell the Property

Katherine Collier

Fathom Realty Group Inc. License #01273959 Listed on: 12/31/2017

Fathom Realty Group Inc.

Last Buyer's Agent

Angela Maciel-Gibbons

Bennion Deville Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1952

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Property is located within a water district

Listing and Financial Details

  • The owner pays for electricity, water, gas
  • Assessor Parcel Number 627132011

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,826

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 99966.00
  • Builders Tract Code: NA322
  • Included In Sale: Two rental units are turnkey furnished, including linens, small appliances, dishes pots and pans.
  • List Price per Sq Ft: 199.93
  • Lp Sp Ratio: 0.9670
  • Year Built: 1952
  • Internal Listing I D: 20190608184802774894000000
  • Listing I D: 217035678
  • Listing Member Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • Listing Member Fax: (760) 636-4421
  • Listing Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 3
  • Number of Ranges: 3
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Laundry Equipment: Own
  • Estimated Sq Ft: 1500.00
  • Windows Treatments: Blinds

Exterior Features

  • Roofing: Rolled/Hot Mop
  • View: Yes

Utilities

  • Number Electric Meters: 1
  • Number Water Meters: 1
  • Cooling Type: Central Air, Wall/Window Unit(s)
  • Heating: Baseboard, Forced Air
  • Sewer: Unknown
  • Water: Water District
  • Number Gas Meter: 1

Lot Info

  • Assessor Parcel Number: 627132011
  • Lot Size: 8276.00

Rental Info

  • Owner Pays: Electricity, Water, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 3
  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2017
Closed on
Mar 14, 2018
Sold by
Quilon Larry B
Bought by
Mumm Debra Ann and The William F Mumm & Patricia S Mumm
Seller's Agent
Katherine Collier
Fathom Realty Group Inc.
Buyer's Agent
Angela Maciel-Gibbons
Bennion Deville Homes
List Price
$339,000
Sold Price
$290,000
Premium/Discount to List
-$49,000
-14.45%
Current Estimated Value
$560,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,084
Avg. Annual Appreciation
8.95%

Purchase Details

Closed on
Oct 2, 2014
Sold by
Quilon Guadalupe J and Quilon Larry B
Bought by
Quilon Larry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2007
Sold by
Quilon Larry B
Bought by
Quilon Guadalupe J and Quilon Larry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2007
Sold by
Quilon Larry B
Bought by
Quilon Larry B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2002
Sold by
Quilon Guadalupe J
Bought by
Quilon Larry B

Purchase Details

Closed on
Mar 23, 2000
Sold by
Quezada Benjamin B and Quezada Aurora R
Bought by
Quilon Guadalupe J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
3.95%
Mortgage Type
Unknown
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
Mumm Debra Ann $300,000 Multiple
Quilon Larry B -- Pacific Coast Title Company
Quilon Guadalupe J -- Orange Coast Title Co
Quilon Larry B -- Orange Coast Title Co
Quilon Larry B -- None Available
Quilon Guadalupe J $14,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Quilon Larry B $163,750
Previous Owner Quilon Guadalupe J $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $290,000 -14.5% $193 / Sq Ft
04/16/2018 04/16/18 Pending -- -- --
12/31/2017 12/31/17 For Sale $339,000 -- $226 / 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 $4,826 $341,344 $85,335 $256,009
2023 $4,826 $328,091 $82,022 $246,069
2022 $4,523 $321,659 $80,414 $241,245
2021 $4,418 $315,353 $78,838 $236,515
2020 $4,344 $312,120 $78,030 $234,090
2019 $4,265 $306,000 $76,500 $229,500
2018 $547 $108,039 $33,758 $74,281
2017 $537 $105,922 $33,097 $72,825
2016 $527 $103,847 $32,449 $71,398
2015 $514 $102,289 $31,962 $70,327
2014 $988 $100,287 $31,337 $68,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217035678

California Desert Association of REALTORS®

APN: 627-132-011