NOT LISTED FOR SALE

48043 San Jacinto Ln Coachella, CA 92236

Estimated Value: $614,000 - $687,000

7 Beds
3 Baths
2,646 Sq Ft
$245/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $640,000 $242 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,370/month

40 Days on Market

Highlights

  • Guest House
  • Mountain View
  • Den
  • Casita
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of April 2023

A hidden gem located in the city of Coachella- this STR friendly property offers a total of 6 bedrooms with potential for 7 bedrooms! The main home has 4 bedrooms PLUS a den with customized doors and a niche that can easily be enclosed to make a closet. The permitted detached guest home is approximately 500 sq ft and includes 2 bedrooms, a kitchen, a bathroom and a living room! Inside the main house, there is a spacious living room and a family room with vaulted ceilings. Enjoy sleek and chic tile floors throughout. The kitchen is equipped with newer stainless steel appliances, in addition to an island and separate pantry. Other notable upgrades include a tankless water heater and 2 new HVAC systems! The pool sized backyard is an entertainer's delight with stunning mountain and palm tree views. This is a very rare opportunity- perfect for a primary home, multi-gen living, or an investment property with tons of rental potential! Don't miss this one.

Last Agent to Sell the Property

Bahareh Kamoei

BBS Brokers Realty License #01873752 Listed on: 03/03/2023

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,310

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Block Wall Fence
  • Sprinkler System

Interior Spaces

  • 2,646 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Tile Flooring
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Casita

Additional Homes

  • Guest House
  • Guest House Includes Kitchen

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • La Paloma Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 612560011

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,310

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Casita Features: Kitchen
  • Casita Features Other: 2 bedrooms, 1 bathroom, living room
  • Included In Sale: kitchen refrigerator
  • List Price per Sq Ft: 245.28
  • Lp Sp Ratio: 0.9900
  • View Type: Mountain(s)
  • Year Built: 2005
  • Co Listing Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Co Listing Member Fax: (760) 406-9883
  • Co Listing Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Listing I D: 219091627
  • Listing Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Listing Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Selling Office Address: 3690 ELIZABETH STREET, RIVERSIDE, CA 92506
  • Land Type: Fee
  • Subdivision: La Paloma Estates
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Dining Area
  • Kitchen Features: Island, Tile Counters, Pantry
  • Estimated Sq Ft: 2646.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Fencing: Block
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Tankless

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 612560011
  • Irrigation: Sprinkler System
  • Lot Size: 11326.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 30, 2023
Sold by
Fundora Freddy A and Fundora Monique
Bought by
Abarca-Lopez Jennifer
Seller's Agent
Bahareh Kamoei
BBS Brokers Realty
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Views
119
Current Estimated Value
$649,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,513
Avg. Annual Appreciation
0.61%
Original Mortgage
$628,408
Interest Rate
6.65%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2022
Sold by
Monique Fundora
Bought by
Fundora Freddy A and Fundora Monique

Purchase Details

Closed on
Jun 14, 2017
Sold by
Arp 2014 1 Borrower Llc
Bought by
Cancel Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,025
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Aug 18, 2014
Sold by
American Residential Leasing Company Llc
Bought by
Arp 2014 1 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,241,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2013
Sold by
American Residential Properties Op Lp
Bought by
American Residential Leasing Company Llc

Purchase Details

Closed on
Aug 10, 2012
Sold by
Balleras Minsuela S and Balleras Julio M
Bought by
American Residential Properties Op Lp

Purchase Details

Closed on
Dec 20, 2005
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Balleras Julio M and Balleras Minsuela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,550
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Abarca-Lopez Jennifer $640,000 Lawyers Title
Fundora Freddy A -- None Listed On Document
Cancel Monique $285,000 North American Title Company
Arp 2014 1 Borrower Llc -- None Available
American Residential Leasing Company Llc -- Fidelity National Title Co
American Residential Properties Op Lp $135,000 Lawyers Title
Balleras Julio M $368,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abarca-Lopez Jennifer $636,411
Closed Abarca-Lopez Jennifer $628,408
Previous Owner Cancel Monique $291,025
Previous Owner Arp 2014 1 Borrower Llc $342,241,000
Previous Owner Balleras Julio M $294,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $640,000 -1.4% $242 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $649,000 0.0% $245 / Sq Ft
04/23/2014 04/23/14 Rented $1,450 0.0% --
04/23/2014 04/23/14 For Rent $1,450 -- --
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 $10,310 $665,856 $83,232 $582,624
2023 $10,310 $394,806 $62,313 $332,493
2022 $6,958 $387,066 $61,092 $325,974
2021 $6,573 $379,478 $59,895 $319,583
2020 $5,164 $296,408 $59,281 $237,127
2019 $5,043 $290,597 $58,119 $232,478
2018 $4,944 $284,900 $56,980 $227,920
2017 $3,109 $143,235 $31,829 $111,406
2016 $3,008 $140,427 $31,205 $109,222
2015 $2,863 $200,000 $45,000 $155,000
2014 $2,819 $135,612 $30,136 $105,476
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219091627

California Desert Association of REALTORS®

APN: 612-560-011