NOT LISTED FOR SALE

44718 King St Indio, CA 92201

Estimated Value: $253,000 - $594,000

5 Beds
4 Baths
2,200 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2018

Last sale price $247,500 $112 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,822 / mo

68 Days on Market

About This Home

As of March 2018

major Price Reduction! Total remodeled, show pride of ownership, total 4 units, very convenient location, close to City Hall! Great for owner occupied, live in the front house (2 bedrooms 1 bath), rent other 3 units (1 bedroom 1 bath). Investor's delight - rent it all out, great return.

Last Agent to Sell the Property

Jason Zen

Elite Realty Group License #00902854 Listed on: 11/29/2017

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,292 Sq Ft Lot
  • Two or More Common Walls
  • Back and Front Yard

Home Design

  • 2,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 455
  • Assessor Parcel Number 611151004

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

7,292 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: King and Marramores (31437)
  • Zoning: RP
  • Property Type: Residential Income
  • Parcel Number: 611151004
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 112.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7292.00

Multi Family

  • Average1 Bed Area: 516 Square Feet
  • Average2 Bed Area: 650 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 455.02
  • Tax Lot: 1
  • Tax Tract Number: 455

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2019
Sold by
Starlite Mgmt Ix Lp
Bought by
Nb Opportunity Lp
Current Estimated Value
$439,556

Purchase Details

Listed on
Nov 29, 2017
Closed on
Feb 24, 2018
Sold by
Zeng Frank and Zeng Hilda
Bought by
Starlite Mgmt Ix Lp
Seller's Agent
Jason Zen
Elite Realty Group
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$280,000
Sold Price
$247,500
Premium/Discount to List
-$32,500
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Oct 13, 2010
Sold by
East West Bank
Bought by
Zeng Frank and Zeng Hilda

Purchase Details

Closed on
May 25, 2010
Sold by
Costa Robert John and Costa Linda Marie
Bought by
East West Bank

Purchase Details

Closed on
Apr 20, 2005
Sold by
Costa Linda Marie
Bought by
Costa Robert John and Costa Linda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2004
Sold by
Steele Susan Martinez
Bought by
Costa Linda Marie

Purchase Details

Closed on
Dec 17, 1999
Sold by
Schoenberg Charles J and Schoenberg Betty J
Bought by
Steele Jack A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nb Opportunity Lp -- None Available
Starlite Mgmt Ix Lp $247,500 Lawyers Title Ie
Zeng Frank -- Lawyers Title
East West Bank $82,800 Accommodation
Costa Robert John -- First Southwestern Title Ca
Costa Linda Marie $102,000 Security Union Title
Steele Jack A $60,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costa Robert John $200,000
Previous Owner Steele Jack A $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2018 03/15/18 Sold $247,500 0.0% $113 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/20/2018 01/20/18 Off Market $247,500 -- --
12/16/2017 12/16/17 Price Changed $265,000 -5.4% $120 / Sq Ft
11/29/2017 11/29/17 For Sale $280,000 -- $127 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,079 $290,030 $87,008 $203,022
2023 $6,079 $278,770 $83,630 $195,140
2022 $5,716 $273,305 $81,991 $191,314
2021 $5,465 $267,947 $80,384 $187,563
2020 $5,633 $265,200 $79,560 $185,640
2019 $5,367 $252,450 $76,500 $175,950
2018 $2,894 $56,293 $22,516 $33,777
2017 $2,333 $55,190 $22,075 $33,115
2016 $2,327 $54,109 $21,643 $32,466
2015 $2,038 $53,298 $21,319 $31,979
2014 $2,023 $52,255 $20,902 $31,353
Source: Public Records

Agents Affiliated with this Home

  • Jason Zen

    Seller's Agent in 2018

    Jason Zen

    Elite Realty Group

    (626) 590-9358

    2 Total Sales

    Jason Zen
    Section Image

  • G

    Buyer's Agent in 2018

    General NONMEMBER

    NONMEMBER MRML

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17265936

California Regional Multiple Listing Service (CRMLS)

APN: 611-151-004

California Riverside County Indio 92201

44718 King St, Indio, CA

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