NOT LISTED FOR SALE
7 Beds
7 Baths
3,500 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: January 9, 2014

Last sale price $312,000 $89 Per Sq Ft

8 Days on Market

About This Home

As of January 2014

Great opportunity for a cash investor. Walking Distance to the Village of Palm Springs, restaurants, shopping. Good area for owning rental units, strong demand for housing in this area by tenants. Owner will not make repairs at this price. Buyer to verify square footage of building.

Last Agent to Sell the Property

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 12/03/2013

Last Buyer's Agent

Paula Turner

Desert Pacific Properties License #00702492

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 10,504

Interior Spaces

  • 3,500 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 7 Bedrooms

Additional Features

  • 10,504 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 507024007

Community Details

Overview

  • 5 Units
  • El Mirador Subdivision

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,095

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

10,504 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 65800.00
  • List Price per Sq Ft: 94.00
  • Lp Sp Ratio: 0.9483
  • View Type: Mountain(s)
  • Year Built: 1960
  • Internal Listing I D: 20190608184612418819000000
  • Listing I D: 213006781
  • Listing Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Fax: (760) 340-9069
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 77-933 Las Montanas Rd Ste 101, Palm Desert, CA 92211
  • Selling Member Fax: (760) 578-6564
  • Selling Office Address: 77-933 Las Montanas Rd Ste 101, Palm Desert, CA 92211
  • Selling Office Fax: (760) 360-7580
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: El Mirador
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 7.00
  • Full Bathrooms: 5
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 3500.00

Exterior Features

  • View: Yes

Utilities

  • Number Electric Meters: 5
  • Number Water Meters: 1
  • Cooling Type: Wall/Window Unit(s)
  • Number Gas Meter: 5

Lot Info

  • Assessor Parcel Number: 507024007
  • Lot Size: 10504.00

Rental Info

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

Multi Family

  • Total Units: 5
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2014 01/09/14 Sold $312,000 -5.2% $89 / Sq Ft
12/11/2013 12/11/13 Pending -- -- --
12/03/2013 12/03/13 For Sale $329,000 -- $94 / Sq Ft
Source: California Desert Association of REALTORS®

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 $13,626 $1,018,758 $233,465 $785,293
2023 $13,626 $979,200 $224,400 $754,800
2022 $7,554 $470,266 $174,983 $295,283
2021 $7,428 $461,046 $171,552 $289,494
2020 $7,152 $456,319 $169,793 $286,526
2019 $7,051 $447,372 $166,464 $280,908
2018 $6,943 $438,600 $163,200 $275,400
2017 $6,859 $430,000 $160,000 $270,000
2016 $5,438 $323,084 $155,329 $167,755
2015 $5,166 $318,233 $152,997 $165,236
2014 $5,150 $325,000 $98,010 $226,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213006781

California Desert Association of REALTORS®

APN: 507-024-007

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