NOT LISTED FOR SALE

45222 King St Indio, CA 92201

Estimated Value: $678,000 - $841,000

7 Beds
7 Baths
1,832 Sq Ft
$400/Sq Ft Est. Value

Sale Details

Date Sold: July 13, 2022

Last sale price $700,000 $382 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,860 / mo

42 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • 1-Story Property
  • Living Room
  • Studio bedroom
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

Investors! 6 UNITS apartment building in Indio! Studio(2), One Bedroom (1) and Two bedrooms (3) . All units have tenants from many years to 2 months- ALL TENANTS ARE MONTH TO MONTH. PLEASE do NOT bother tenants.Pre- inspection and termite report paid by seller are available to ALL offers ONLY.

Last Agent to Sell the Property

Blaine Cotton

Coldwell Banker Realty License #02098800 Listed on: 06/01/2022

Last Buyer's Agent

Alexandra Trejo

Tarbell REALTORS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 7,405

Parking

  • On-Street Parking

Interior Spaces

  • 1,832 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Studio bedroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Property is located within a water district
  • Water Heater

Additional Features

  • 7,405 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for air cond/heat main, gas, electricity, cable TV
  • The owner pays for gardener, water, trash collection
  • Assessor Parcel Number 611164010

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $100
  • Gross Income $3,375

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: Yes
  • Levels: One
  • Included In Sale: Tenants.Appliances: Refrigerators, stoves
  • List Price per Sq Ft: 382.10
  • Lp Sp Ratio: 1.0000
  • Water District Name: Indio
  • Year Built: 1934
  • Internal Listing I D: 20220618221819593777000000
  • Listing I D: 219080665
  • Listing Member Address: 840 Newport Center Dr #100, Newport Beach, CA 92660
  • Listing Office Address: 840 Newport Center Dr #100, Newport Beach, CA 92660
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 6
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Gas Oven, Gas Cooktop
  • Flooring: Carpet, Linoleum
  • Total Bedrooms: 7
  • Total Bathrooms: 7.00
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 4
  • Laundry Equipment: Hook-Ups
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1832.00

Exterior Features

  • Paved: Yes

Garage/Parking

  • Parking: On Street

Utilities

  • Number Electric Meters: 6
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Central, Hot Water, Forced Air
  • Heating Fuel: Electric
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 6
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 611164010
  • Lot Location: Near Public Transit
  • Lot Size: 7405.00

Rental Info

  • Owner Pays: Gardener, Water, Trash Collection
  • Tenant Pays: Air Cond/Heat Main, Gas, Electricity, Cable TV
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 6

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 8, 2022
Sold by
Bought by
Seller's Agent
Blaine Cotton
Coldwell Banker Realty
Buyer's Agent
Alexandra Trejo
Tarbell REALTORS
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$732,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,056
Avg. Annual Appreciation
1.16%
Original Mortgage
$615,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jul 1, 2022
Sold by
Bought by
Seller's Agent
Blaine Cotton
Coldwell Banker Realty
Buyer's Agent
Alexandra Trejo
Tarbell REALTORS
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2016
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Equity Title
$700,000 Equity Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $615,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/13/2022 07/13/22 Sold $700,000 0.0% $382 / Sq Ft
06/01/2022 06/01/22 For Sale $700,000 -- $382 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,702 $728,278 $182,071 $546,207
2023 $11,702 $700,000 $175,001 $524,999
2022 $3,365 $66,510 $13,280 $53,230
2021 $3,078 $65,207 $13,020 $52,187
2020 $3,190 $64,539 $12,887 $51,652
2019 $3,058 $63,275 $12,635 $50,640
2018 $2,905 $62,036 $12,389 $49,647
2017 $2,887 $60,821 $12,147 $48,674
2016 $2,939 $59,629 $11,909 $47,720
2015 $2,836 $58,735 $11,731 $47,004
2014 $2,806 $57,586 $11,502 $46,084
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Blaine Cotton

    Coldwell Banker Realty

  • A

    Buyer's Agent in 2022

    Alexandra Trejo

    Tarbell REALTORS

  • Alexandra Foux

    Buyer's Agent in 2022

    Alexandra Foux

    Coldwell Banker Realty

    (760) 673-9344

    2 in this area

    16 Total Sales

    Alexandra Foux
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219080665

California Desert Association of REALTORS®

APN: 611-164-010

California Riverside County Indio 92201

45222 King St, Indio, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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