NOT LISTED FOR SALE

45765 Grace St Indio, CA 92201

Estimated Value: $226,000 - $393,000

4 Beds
2 Baths
1,664 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $240,000 $144 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,067/month

48 Days on Market

About This Home

As of July 2019

Take advantage of amazing business opportunity! Income producing property. Duplex located in the Heart of Central Indio: Unit 1: 2 lrg. bedrooms and 1 full bath Unit 2: 2 lrg. bedrooms and 1 full bath. Tons of private parking up to 8 spaces and a private gated courtyard. Low maintenance property keeps carrying costs low. A must preview, will be a great addition to your portfolio!

Last Agent to Sell the Property

Jose Espinoza

OZA Realty Inc. License #01754045 Listed on: 04/15/2019

Last Buyer's Agent

Fidel Guzman

Better Homes and Gardens Real Estate License #01813459

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 6,073 Sq Ft Lot

Parking

  • 8 Car Parking Spaces

Home Design

  • 1,664 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Stucco Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water, gas
  • Assessor Parcel Number 611362022

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 127500.00
  • Builders Tract Code: NA311
  • List Price per Sq Ft: 153.25
  • Lp Sp Ratio: 0.9412
  • Year Built: 1981
  • Internal Listing I D: 20190608184829195560000000
  • Listing I D: 219011195
  • Listing Member Address: 78-115 Calle Estado Ste. 203, La Quinta, CA 92253
  • Listing Office Address: 78-115 Calle Estado Ste. 203, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-6615
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 78078 Country Club Dr., #108, Indio, CA 92203
  • Selling Office Address: 78078 Country Club Dr., #108, Indio, CA 92203
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1664.00

Exterior Features

  • Construction: Stucco
  • Roofing: Composition
  • Foundation: Slab
  • Paved: Yes

Garage/Parking

  • Parking Info Total Parking Spaces: 8.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 3
  • Number Water Meters: 2
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 611362022
  • Lot Size: 6073.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water, Gas
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2021
Sold by
Morales Jaime Garavito and Martinez Juan M
Bought by
Garcia Felipe Jesus and Buenrostro Emma
Current Estimated Value
$320,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Outstanding Balance
$138,361
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$181,864

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jul 16, 2019
Sold by
Degaravito Ofelia Cruz
Bought by
Morales Jaime Garavito
Seller's Agent
Jose Espinoza
OZA Realty Inc.
Buyer's Agent
Fidel Guzman
Better Homes and Gardens Real Estate
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$204,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 3, 2019
Sold by
Sanchez Guillermo A and Sanchez Graciela
Bought by
Morales Jaime Garavito and Martinez Juan M
Seller's Agent
Jose Espinoza
OZA Realty Inc.
Buyer's Agent
Fidel Guzman
Better Homes and Gardens Real Estate
List Price
$255,000
Sold Price
$240,000
Premium/Discount to List
-$15,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2005
Sold by
Sanchez Guillermo and Sanchez Graciela
Bought by
Sanchez Guillermo A and Sanchez Graciela
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
Garcia Felipe Jesus $213,000 Lawyers Title Company
Morales Jaime Garavito -- Ticor Title Riverside
Martinez Juan M -- Ticor Title Riverside
Morales Jaime Garavito $240,000 Ticor Title Riverside
Sanchez Guillermo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Felipe Jesus $153,000
Previous Owner Morales Jaime Garavito $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2019 07/18/19 Sold $240,000 -5.9% $144 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $255,000 -- $153 / 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 $4,719 $230,556 $46,111 $184,445
2023 $4,719 $221,605 $44,321 $177,284
2022 $4,047 $217,260 $43,452 $173,808
2021 $4,259 $242,485 $72,745 $169,740
2020 $3,956 $240,000 $72,000 $168,000
2019 $2,448 $120,282 $18,643 $101,639
2018 $2,340 $117,925 $18,279 $99,646
2017 $2,308 $115,614 $17,921 $97,693
2016 $2,319 $113,348 $17,570 $95,778
2015 $2,853 $111,648 $17,307 $94,341
2014 $2,245 $109,463 $16,969 $92,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219011195

California Desert Association of REALTORS®

APN: 611-362-022