NOT LISTED FOR SALE

45824 Marshall St Indio, CA 92201

Estimated Value: $380,887 - $498,000

7 Beds
6 Baths
3,900 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $190,000 $49 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,671/month

240 Days on Market

Highlights

  • Panoramic View
  • 1-Story Property
  • Forced Air Heating System
  • Ceramic Tile Flooring
  • 8 Attached Carport Spaces
  • Wrought Iron Fence

About This Home

As of September 2015

**5 UNITS on 2 LOTS** 2 Single Family Homes and 3 Apartments. Two Separate APN's Two Property's One home has 2 bedrooms and 2 baths, House number 2 has 2 bedrooms and 1 bath. Three apartments have 1 bedroom and 1 bath.Homes are and apartments are rented. Front house 926 sq feet 2/2 Back house 862 sq ft 2/1 3 apartments each 704 sq ft. Common area laundry room covered parking and two parcels are completely gated. The homes and apartments are located steps from the courthouse, new Applebee's schools and shopping. Fantastic investment opportunity with great upside rental potential. All Units are occupied. Electrical gates plenty of parking. Seller has maintained and updated the homes and units, Please do not disturb occupants. Call today for a showing!Buyer to verify all information.

Last Agent to Sell the Property

Angela Maciel-Gibbons

BPO Homes License #01735647 Listed on: 01/06/2015

Last Buyer's Agent

Limor Carey

American Dream Realty, Inc. License #01334233

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Northwest Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence

Property Views

  • Panoramic
  • City

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Laundry Located Outside

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Parking

  • 8 Attached Carport Spaces
  • 16 Car Parking Spaces
  • Shared Driveway
  • Automatic Gate
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 611362047

Community Details

Overview

Amenities

  • Laundry Facilities
  • Community Mailbox

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Orientation Faces: Front Door Faces West, Leisure Faces North
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: NA311
  • List Price per Sq Ft: 121.79
  • Lp Sp Ratio: 0.4000
  • Unit Total In Complex: 5
  • View Type: City, Panoramic
  • Water District Name: Indio Water Authority
  • Year Built: 1985
  • Listing I D: 215000954
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • 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
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Mixed, Linoleum, Ceramic Tile
  • Total Bedrooms: 7
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Laundry: Community, Outside
  • Estimated Sq Ft: 3900.00

Exterior Features

  • Fencing: Block, Wrought Iron, Chain Link
  • View: Yes

Garage/Parking

  • Parking: Assigned, Driveway, Shared Driveway, Covered, Attached Carport
  • Total Carport Spaces: 8.00
  • Total Parking Spaces: 16.00

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Automatic Gate
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox

Lot Info

  • Assessor Parcel Number: 611362047
  • Lot Acres: 0.2800
  • Lot Size: 12196.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2016
Sold by
Neiyer David and Neiyer Sharon
Bought by
2006 Neiyer Family Trust
Current Estimated Value
$442,722

Purchase Details

Listed on
Jan 6, 2015
Closed on
Sep 3, 2015
Sold by
Guerrero Eutimio and Guerrero Elva A
Bought by
Neiyer David and Neiyer Sharon
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Limor Carey
American Dream Realty, Inc.
List Price
$475,000
Sold Price
$190,000
Premium/Discount to List
-$285,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$140,000
Outstanding Balance
$110,186
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$332,536

Purchase Details

Closed on
May 25, 2004
Sold by
Rosa Maria Teresa Torres
Bought by
Guerrero Eutimio and Guerrero Elva A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1994
Sold by
Rosa Adam C
Bought by
Rosa Maria Teresa Torres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,582
Interest Rate
8.25%
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
2006 Neiyer Family Trust -- None Available
Neiyer David $200,000 Equity Title
Guerrero Eutimio $175,000 First American Title Co
Rosa Maria Teresa Torres -- Union Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neiyer David $140,000
Previous Owner Guerrero Eutimio $140,000
Previous Owner Rosa Maria Teresa Torres $57,582
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $190,000 -60.0% $49 / Sq Ft
06/15/2015 06/15/15 For Sale $475,000 +150.0% $122 / Sq Ft
04/08/2015 04/08/15 Off Market $190,000 -- --
01/06/2015 01/06/15 For Sale $475,000 -- $122 / 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 $4,301 $236,752 $59,186 $177,566
2023 $4,301 $227,561 $56,889 $170,672
2022 $4,017 $223,100 $55,774 $167,326
2021 $3,718 $218,727 $54,681 $164,046
2020 $4,164 $216,485 $54,121 $162,364
2019 $4,041 $212,241 $53,060 $159,181
2018 $3,944 $208,080 $52,020 $156,060
2017 $3,891 $204,000 $51,000 $153,000
2016 $3,853 $200,000 $50,000 $150,000
2015 $3,804 $202,954 $57,983 $144,971
2014 $3,756 $198,981 $56,849 $142,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215000954

California Desert Association of REALTORS®

APN: 611-362-047