NOT LISTED FOR SALE

44769 King St Indio, CA 92201

Estimated Value: $151,000 - $399,711

3 Beds
2 Baths
1,820 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $319,000 $175 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,183/month

27 Days on Market

Highlights

  • Open Floorplan
  • Tile Countertops
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • 3-minute walk to Miles Avenue Park

About This Home

As of July 2021

Great investment opportunity with two residential income units on one lot. Perfect for an investor or an owner/occupant who wishes to benefit from the additional income potential. Front unit has 2 bedrooms and 1 bath and is rented for $1,000 per month. Unit at the rear of the property is 1 bedroom and 1 bath and is rented for $750 per month. Both rents are under market with opportunity for increased revenue. Exterior remodel completed in 2020 with new hardscaping, concrete and block wall entrances. Each unit has a separate and gated front entrance as well as separate and gated private parking. Property is very well maintained and has two units with two separate addresses. Each unit is individually metered. Front unit has accessible ramp. Back unit address is: 44771 King Street.

Last Agent to Sell the Property

Heather Woodland

Compass License #02134305 Listed on: 04/28/2021

Compass

Co-Listed By

Kacey Taormina

Compass License #01920673

Last Buyer's Agent

noah acosta

Noah James Acosta, Broker License #01913009

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace

Kitchen

  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Tax Lot 18
  • Tax Tract Number 455
  • Assessor Parcel Number 611141003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,440
  • Insurance Expense $800
  • Maintenance Expense $500
  • Trash Expense $430
  • New Taxes Expense $4,000
  • Operating Expense $2,740
  • Gross Income $21,000
  • Net Operating Income $14,460

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: RO
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1440.00
  • Parcel Number: 611141003
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 175.27
  • Room Type: Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Electric: Electricity - On Property
  • Heating Type: Central, Heat Pump, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 430.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700
  • Latitude Manual: 33.72235800

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Water

Multi Family

  • Average1 Bed Area: 720 Square Feet
  • Average2 Bed Area: 1100 Square Feet
  • Gross Operating Income: 21000.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7405.0000 Square Feet
  • Maintenance Expense: 500.00
  • Net Operating Income: 14460.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2740.00
  • Rent Control: No
  • Total Expenses: 2740.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Census Tract: 455.02
  • Tax Lot: 18
  • Tax Tract Number: 455.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 3, 2021
Sold by
44769 King Street Llc
Bought by
King Kevin
Seller's Agent
Heather Woodland
Compass
Buyer's Agent
noah acosta
Noah James Acosta, Broker
List Price
$319,000
Sold Price
$319,000
Current Estimated Value
$331,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,928
Avg. Annual Appreciation
0.89%
Original Mortgage
$292,124
Interest Rate
2.96%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 16, 2018
Closed on
Nov 26, 2018
Sold by
Diaz David and Diaz Tania
Bought by
44769 King Street Llc
Seller's Agent
Elke Guzmits Schulte
Better Homes & Gardens Real Estate Champions
Buyer's Agent
Michael Taormina
Compass
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.43%

Purchase Details

Listed on
Nov 21, 2013
Closed on
Dec 17, 2013
Sold by
Ward Herminia S
Bought by
Diaz David and Diaz Tania
Seller's Agent
Hilda Magana
Buyer's Agent
Hilda Magana
JJ Real Estate and Associates
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Dec 7, 2001
Sold by
Miller Vivian
Bought by
Ward Herminia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
6.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
King Kevin $319,000 Fidelity National Title
44769 King Street Llc $225,000 First American Title Company
Diaz David $140,000 Ticor Title Company
Ward Herminia S $102,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Kevin $292,124
Previous Owner Ward Herminia S $91,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2021 07/22/21 Sold $319,000 0.0% $175 / Sq Ft
04/28/2021 04/28/21 For Sale $319,000 +41.8% $175 / Sq Ft
12/18/2018 12/18/18 Sold $225,000 0.0% $124 / Sq Ft View Prior Sale
11/25/2018 11/25/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $225,000 +60.7% $124 / Sq Ft
12/23/2013 12/23/13 Sold $140,000 -6.7% $77 / Sq Ft View Prior Sale
12/16/2013 12/16/13 Pending -- -- --
11/21/2013 11/21/13 For Sale $150,000 -- $82 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,375 $338,523 $100,814 $237,709
2023 $5,375 $325,380 $96,900 $228,480
2022 $5,062 $319,000 $95,000 $224,000
2021 $3,843 $231,877 $77,292 $154,585
2020 $3,996 $229,500 $76,500 $153,000
2019 $3,886 $225,000 $75,000 $150,000
2018 $2,940 $150,826 $37,705 $113,121
2017 $2,900 $147,869 $36,966 $110,903
2016 $2,879 $144,971 $36,242 $108,729
2015 $2,742 $142,796 $35,699 $107,097
2014 $2,706 $140,000 $35,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP21079496

California Regional Multiple Listing Service (CRMLS)

APN: 611-141-003