NOT LISTED FOR SALE

45860 Sage St Indio, CA 92201

Indio Area
-- Bed
-- Bath
6,300 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: June 19, 2015

Last sale price $512,000 $81 Per Sq Ft

62 Days on Market

About This Home

As of June 2015

Best return on your investment in the desert. This property really performs. How about a 7.61 GRM, a 9.46% Cap Rate ON ACTUAL CURRENT RENTS! , all the hard work is done and property is a 100% occupied. This property was just remodel including new windows and security gates. Located in heart of Indio 100 feet from Hwy 111, close to the new College of the Desert and the Law School. A very Low maintenance facilities with no pool, no grass. Consists of 8 one bedroom units 4 studios and laundry facilities. DRIVE BY ONLY, PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Sean Murray

Sean Murray Broker License #01734484 Listed on: 03/20/2015

Last Buyer's Agent

Josh Hayes

Hayes Real Estate License #01837667

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Active Date: 2015-06-14
  • Building Size: 6300.0
  • Driving Directions: Highway 111 Pass Jackson and left on sage
  • Full Street Address: 45860 SAGE ST
  • Primary Object Modification Timestamp: 2016-01-02
  • Total Number of Units: 12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Advertising Remarks: Best return on your investment in the desert. This property really performs. How about a 7.61 GRM, a 9.46% Cap Rate ON ACTUAL CURRENT RENTS! , all the hard work is done and property is a 100% occupied. This property was just remodel including new windows
  • Assessed Land Value: 35158.00
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Expense Water: 1978.00
  • Number Of Buildings: 1
  • Professional Management: 4347.0
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 6853

Garage/Parking

  • Parking Spaces Total: 10
  • Parking Type: Assigned

Utilities

  • Cooling Type: Air Conditioning

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 2

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

Closed on
May 16, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
0.0472%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
0.046%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 1, 2015
Sold by
Bought by
Seller's Agent
Sean Murray
Sean Murray Broker
Buyer's Agent
Josh Hayes
Hayes Real Estate
List Price
$569,000
Sold Price
$512,000
Premium/Discount to List
-$57,000
-10.02%

Purchase Details

Listed on
Mar 20, 2015
Closed on
May 29, 2015
Sold by
Bought by
Seller's Agent
Sean Murray
Sean Murray Broker
Buyer's Agent
Josh Hayes
Hayes Real Estate
List Price
$569,000
Sold Price
$512,000
Premium/Discount to List
-$57,000
-10.02%

Purchase Details

Closed on
Sep 11, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.0698%
Mortgage Type
Commercial
Source: Public Records
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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
$1,487,409 Ticor Title
-- Chicago Title Company
-- None Available
$512,000 Priority Title
$285,000 Lawyers Title
$267,500 Chicago Title Co
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
Open $805,000
Previous Owner $375,000
Previous Owner $375,000
Previous Owner $200,000
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
06/19/2015 06/19/15 Sold $512,000 -10.0% $81 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $569,000 -- $90 / Sq Ft
Source: The MLS

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 $22,858 $1,578,546 $74,284 $1,504,262
2023 $22,858 $1,517,250 $71,400 $1,445,850
2022 $10,190 $579,849 $56,624 $523,225
2021 $9,967 $568,480 $55,514 $512,966
2020 $11,421 $562,652 $54,945 $507,707
2019 $11,082 $551,620 $53,868 $497,752
2018 $10,949 $540,805 $52,812 $487,993
2017 $10,808 $530,202 $51,777 $478,425
2016 $10,646 $519,807 $50,762 $469,045
2015 $7,436 $292,011 $35,860 $256,151
2014 $7,377 $286,293 $35,158 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-886541PS

The MLS

APN: 611-371-008

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