$720,000
SOLD FEB 15, 2018
-- Bed
-- Bath
-- Sq Ft
0.37 Acres

Recently Sold

3% Below List Price

180 Days on Market

About This Home

As of December 2020

This beautiful low density, mid-century fourplex located in prime Palm Desert has recently received over $160,000 in renovations, including new: Pool, Interior/Exterior Paint, Lighting, Dual Pane Windows, Irrigation, Fascia Cover, Drainage, Flooring, Central HVAC, Appliances, Pool Equipment, Landscaping, Awnings, Roof Coating, Water Heaters and Blinds. The property is situated on a large 17,000+/- corner lot with excellent curb appeal and visibility. All Units currently tenant occupied. Unit 2 will move out early July and be listed for rent at $1,050.

Last Agent to Sell the Property

Kelly McLean

McLean Company Rentals License #01851647 Listed on: 06/29/2017

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 18, 2020
Sold by
Hessa Property Llc
Bought by
Vachon Stephane
Seller's Agent
John Bazerkanian
RE/MAX MASTERS REALTY
Buyer's Agent
Unknown Member
List Price
$1,175,000
Sold Price
$1,120,000
Premium/Discount to List
-$55,000
-4.68%
Total Days on Market
180
Current Estimated Value
$1,528,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,001
Avg. Annual Appreciation
7.28%
Original Mortgage
$840,000
Outstanding Balance
$758,116
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$769,885

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 16, 2020
Sold by
Rouse William
Bought by
Vachon Stephane
Seller's Agent
John Bazerkanian
RE/MAX MASTERS REALTY
Buyer's Agent
Unknown Member
List Price
$1,175,000
Sold Price
$1,120,000
Premium/Discount to List
-$55,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$758,116
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$769,885

Purchase Details

Listed on
Jun 29, 2017
Closed on
Mar 1, 2018
Sold by
Haroutunian Samuel S and Haroutunian Anaid
Bought by
Hessa Property Llc
Seller's Agent
Kelly McLean
McLean Company Rentals
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$744,000
Sold Price
$720,000
Premium/Discount to List
-$24,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%

Purchase Details

Listed on
Jun 29, 2017
Closed on
Dec 21, 2017
Sold by
4 Eddte Properties Ii Llc
Bought by
Haroutunian Samuel S and Haroutunian Anaid
Seller's Agent
Kelly McLean
McLean Company Rentals
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$744,000
Sold Price
$720,000
Premium/Discount to List
-$24,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2017
Sold by
Edwards Walt and Edwards Kristin N
Bought by
4 Eddie Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2015
Closed on
Sep 23, 2015
Sold by
Nelson Don Oscar and Nelson Charlene
Bought by
Edwards Walt and Edwards Kristin N
Seller's Agent
Howard Hanes
No Firm Affiliation
Buyer's Agent
Howard Hanes
No Firm Affiliation
List Price
$598,000
Sold Price
$597,500
Premium/Discount to List
-$500
-0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%
Original Mortgage
$413,000
Interest Rate
3.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2010
Sold by
Bank Of America National Association
Bought by
Nelson Don Oscar and Nelson Charlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,438
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2009
Sold by
Conroy Breda B and Lagsob Nelia L
Bought by
Bank Of America National Association

Purchase Details

Closed on
Feb 2, 2007
Sold by
Salazar Leticia L and Salazar Letocoa L
Bought by
Conroy Breda B and Lagsob Nelia L

Purchase Details

Closed on
Jun 9, 2006
Sold by
Turnbough Mary L Hutcheson
Bought by
Conroy Breda B and Lagsob Nelia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,000
Interest Rate
8.33%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Grant Deed $1,120,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed -- None Available
Grant Deed $720,000 Chicago Title Company
Grant Deed -- None Available
Grant Deed $597,500 Lawyers Title Company
Grant Deed $371,500 Lawyers Title
Trustee Deed $323,000 Servicelink
Quit Claim Deed -- None Available
Grant Deed $815,000 Stewart Title Guaranty
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $840,000 New Conventional
Previous Owner $540,000 New Conventional
Previous Owner $413,000 Commercial
Previous Owner $278,438 Commercial
Previous Owner $652,000 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $1,120,000 -4.7% $258 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,175,000 +63.2% $270 / Sq Ft
02/15/2018 02/15/18 Sold $720,000 0.0% --
09/01/2017 09/01/17 Off Market $720,000 -- --
06/29/2017 06/29/17 For Sale $744,000 +24.5% --
10/27/2015 10/27/15 Sold $597,500 -0.1% $130 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $598,000 -- $131 / Sq Ft
Source: The MLS

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
2023 $17,217 $1,165,248 $312,120 $853,128
2022 $15,492 $1,142,400 $306,000 $836,400
2021 $15,126 $1,120,000 $300,000 $820,000
2020 $10,501 $749,088 $260,100 $488,988
2019 $10,324 $734,400 $255,000 $479,400
2018 $8,957 $621,639 $301,716 $319,923
2017 $8,797 $609,450 $295,800 $313,650
2016 $8,610 $597,500 $290,000 $307,500
2015 $6,304 $398,726 $139,620 $259,106
2014 $6,220 $390,918 $136,886 $254,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-244904PS

The MLS

APN: 628-091-004