NOT LISTED FOR SALE

Estimated Value: $377,000 - $607,000

2 Beds
1 Bath
1,120 Sq Ft
$432/Sq Ft Est. Value

Last Sold October 17, 2013

Last sale price $184,000 $164 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $2,956/month

81 Days on Market

Highlights

  • Outdoor Pool
  • 1-Story Property
  • Central Air
  • Palm Desert High School Rated A

About This Home

As of October 2013

HUD Home. Palm Desert Great Family home with beautiful Swimming pool, Property features 2 large bedrooms, 1 bath, Nice open floor plan, Corner lot, Large living room area, RV access, Block walls, Great location!! Disclosures: State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Missing Carbon Monoxide Detectors. Sold AS IS'' by electronic bid only. FHA case # 048-541398 IN. For overbidding and/or escrow repair information, please see attached Overbidding and Escrow Repair'' MLS addendum.

Last Agent to Sell the Property

Jesus Martinez

Coldwell Banker Realty License #01234250 Listed on: 05/16/2013

Last Buyer's Agent

Rosa Maria Rodriguez

RE/MAX Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1972

Lot Details

  • 7,841

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Outdoor Pool
  • Spa

Additional Features

  • 7,841 Sq Ft Lot
  • Ground Level
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 627071020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,532

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA-322
  • List Price per Sq Ft: 164.29
  • Lp Sp Ratio: 1.0000
  • Year Built: 1972
  • Listing I D: 21475695
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Member Fax: (760) 424-3404
  • 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

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry: In Garage
  • Estimated Sq Ft: 1120.00

Exterior Features

  • Pool: Yes
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Private

Utilities

  • Cooling Type: Central Air
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 627071020
  • Lot Acres: 0.1800
  • Lot Size: 7841.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2019
Sold by
Serrano Margo and Serrano Margarita
Bought by
Serrano Margo
Current Estimated Value
$470,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Outstanding Balance
$183,199
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$287,787

Purchase Details

Listed on
May 16, 2013
Closed on
Oct 4, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Serrano Margarita
Seller's Agent
Jesus Martinez
Coldwell Banker Realty
Buyer's Agent
Rosa Maria Rodriguez
RE/MAX Real Estate Consultants
List Price
$184,000
Sold Price
$184,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$162,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing Urban Developme

Purchase Details

Closed on
Sep 29, 2008
Sold by
Tellez Vince C and Tellez Lena G
Bought by
Renney David and Renney Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,590
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2006
Sold by
Tellez Lena G and Castaneda Lena G
Bought by
Tellez Vince C and Tellez Lena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 4, 1998
Sold by
Dunbar Geoffrey K and Dunbar Beverley D
Bought by
Castaneda Lena G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,247
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 1993
Sold by
Sunrose Properties Inc
Bought by
Dunbar Geoffrey K and Dunbar Beverly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
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
Serrano Margo -- Lawyers Title Company
Serrano Margarita $184,000 Ticor Title
The Secretary Of Housing Urban Developme -- Landsafe Title
Bank Of America Na $200,076 Landsafe Title
Renney David -- Stewart Title
Tellez Vince C -- Alliance Title San Diego
Castaneda Lena G $92,000 Chicago Title Co
Dunbar Geoffrey K $90,000 Chicago Title Company
Sunrose Properties Inc -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Margo $208,800
Closed Serrano Margarita $162,000
Previous Owner Renney David $185,313
Previous Owner Renney David $182,590
Previous Owner Tellez Vince C $308,000
Previous Owner Castaneda Lena G $91,247
Previous Owner Dunbar Geoffrey K $85,500
Closed Castaneda Lena G $2,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2013 10/17/13 Sold $184,000 0.0% $164 / Sq Ft
08/05/2013 08/05/13 Pending -- -- --
08/03/2013 08/03/13 For Sale $184,000 0.0% $164 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/15/2013 06/15/13 For Sale $184,000 0.0% $164 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $184,000 -- $164 / 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 $4,532 $350,544 $73,544 $277,000
2023 $4,532 $216,788 $70,689 $146,099
2022 $3,122 $212,538 $69,303 $143,235
2021 $2,990 $208,372 $67,945 $140,427
2020 $2,942 $206,237 $67,249 $138,988
2019 $2,889 $202,194 $65,931 $136,263
2018 $2,838 $198,231 $64,639 $133,592
2017 $2,780 $194,345 $63,372 $130,973
2016 $2,713 $190,535 $62,130 $128,405
2015 $2,710 $187,675 $61,198 $126,477
2014 $2,553 $184,000 $60,000 $124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21475695

California Desert Association of REALTORS®

APN: 627-071-020