NOT LISTED FOR SALE

Estimated Value: $189,474 - $722,000

0.17 Acre
$2,682,384 Price per Acre
7,405 Sq Ft Lot

Last Sold May 05, 2021

Last sale price $149,000

Est. 206% increase in value since last sale

Current estimated payment $2,692/month

239 Days on Market

About This Lot

As of May 2021

WOW, huge price reduction!!!!Have you been dreaming about building your dream Duplex in Palm Desert, dream no more this property is R2 and the owner h plans submitted to the city that were on the process of being approved for a 2000 house with a 1000 guest house. Great investment opportunity awaits you. The owner will include plans with the lot.

Last Agent to Sell the Property

Raquel Davalos

RE/MAX Desert Properties License #01213031 Listed on: 08/11/2020

RE/MAX Desert Properties

Last Buyer's Agent

Jelmberg Team

Tarbell REALTORS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,342

Lot Details

  • 7,405 Sq Ft Lot
  • Property is zoned R-2

Additional Features

  • Mountain Views
  • Public Hookup Available For Sewer

Listing and Financial Details

  • Assessor Parcel Number 627072005

Property Details

Property Type

Land

Est. Annual Taxes

$2,342

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Internal Listing I D: 20200813231240298334000000
  • Listing I D: 219047700
  • Listing Member Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Fax: (760) 841-0917
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Sewer: Public Hookup Available

Lot Info

  • Assessor Parcel Number: 627072005
  • Lot Acres: 0.1699
  • Lot Size: 7405.00

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Leach Steven Henry
Bought by
Molnar Dana Kimberlee
Current Estimated Value
$455,999

Purchase Details

Listed on
Aug 11, 2020
Closed on
Apr 13, 2021
Sold by
Schenk Michael
Bought by
Leach Steven Henry and Molnar Dana Kimberlee
Seller's Agent
Raquel Davalos
RE/MAX Desert Properties
Buyer's Agent
Jelmberg Team
Tarbell REALTORS
List Price
$249,000
Sold Price
$149,000
Premium/Discount to List
-$100,000
-40.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.90%

Purchase Details

Closed on
Sep 21, 2017
Sold by
Solorzano Celia M
Bought by
Schenk Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
3.89%
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
Molnar Dana Kimberlee -- None Available
Leach Steven Henry $149,000 Chicago Title
Schenk Michael $90,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schenk Michael $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $149,000 0.0% --
04/07/2021 04/07/21 Pending -- -- --
01/24/2021 01/24/21 Price Changed $149,000 -21.5% --
10/29/2020 10/29/20 Price Changed $189,900 -5.0% --
09/10/2020 09/10/20 Price Changed $199,900 -19.7% --
08/11/2020 08/11/20 For Sale $249,000 -- --
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 $2,342 $286,281 $161,281 $125,000
2023 $2,342 $155,019 $155,019 $0
2022 $2,211 $151,980 $151,980 $0
2021 $1,200 $94,606 $94,606 $0
2020 $1,178 $93,636 $93,636 $0
2019 $1,156 $91,800 $91,800 $0
2018 $1,134 $90,000 $90,000 $0
2017 $381 $27,980 $27,980 $0
2016 $372 $27,432 $27,432 $0
2015 $373 $27,021 $27,021 $0
2014 $367 $26,493 $26,493 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219047700

California Desert Association of REALTORS®

APN: 627-072-005