NOT LISTED FOR SALE

48198 Arica Dr Coachella, CA 92236

Estimated Value: $526,000 - $602,000

4 Beds
2 Baths
1,950 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $530,000 $272 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,656/month

26 Days on Market

Highlights

  • 3 Car Attached Garage
  • Central Heating and Cooling System
  • Gas Fireplace

About This Home

As of December 2022

Welcome to Arica! Located in the community of La Paloma Estates, Centrally located in Coachella on ave 48 borderline Indio. Your Primary or Vacation rental property look no further! This completely redone home in Coachella offers many upgrades; new cabinets, new quartz counter tops, new appliances, new flooring, new paint interior and exterior, 4 bedroom 2 full baths, Walk in closet in master, Two living rooms, 3 car garage and landscaping. No HOA, No Solar. Look no further! Come view this stunning property today!

Last Agent to Sell the Property

Ana Perez

Gina Fernandez, Broker License #01935343 Listed on: 11/10/2022

Last Buyer's Agent

Ana Perez

Keller Williams Luxury Homes

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Sprinklers on Timer

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Community Details

  • La Paloma Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 612550029

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 271.79
  • Lp Sp Ratio: 1.0000
  • Year Built: 2005
  • Listing I D: 219087167
  • Listing Member Address: 77564 B Country Club Dr., #310, Palm Desert, CA 92211
  • Listing Office Address: 77564 B Country Club Dr., #310, Palm Desert, CA 92211
  • Selling Member Address: 77564 B Country Club Dr., #310, Palm Desert, CA 92211
  • Selling Office Address: 77564 B Country Club Dr., #310, Palm Desert, CA 92211
  • Land Type: Fee
  • Subdivision: La Paloma Estates
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1950.00

Exterior Features

  • Planned Unit Development: No

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 612550029
  • Irrigation: Sprinkler Timer
  • Lot Size: 6534.00

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
Nov 10, 2022
Closed on
Nov 21, 2022
Sold by
Aa Desert Investments Llc
Bought by
Barajas Jose Torres and Moreno Elisa
Seller's Agent
Ana Perez
Gina Fernandez, Broker
Buyer's Agent
Ana Perez
Keller Williams Luxury Homes
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$561,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,017
Avg. Annual Appreciation
1.80%
Original Mortgage
$520,400
Outstanding Balance
$504,263
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$56,121

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 29, 2022
Sold by
Albert Perez
Bought by
Aa Desert Investments Llc
Seller's Agent
Karen Brown
First Team Real Estate
Buyer's Agent
Ana Perez
Gina Fernandez, Broker
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
104.03%

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 5, 2022
Sold by
Ana Perez
Bought by
Perez Albert
Seller's Agent
Karen Brown
First Team Real Estate
Buyer's Agent
Ana Perez
Gina Fernandez, Broker
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
11

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 2, 2022
Sold by
Ricardo Alvarado
Bought by
Perez Albert
Seller's Agent
Karen Brown
First Team Real Estate
Buyer's Agent
Ana Perez
Gina Fernandez, Broker
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
11

Purchase Details

Closed on
Aug 25, 2009
Sold by
Magdaleno Ismael Leon and Leon Ana B
Bought by
Alvarado Ricardo and Fimbres Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,246
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2008
Sold by
Leon Laura I
Bought by
Magdaleno Ismael Leon and Leon Ana B

Purchase Details

Closed on
Apr 23, 2006
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Magdaleno Ismael Leon and Leon Ana B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,100
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Barajas Jose Torres $530,000 Orange Coast Title
Aa Desert Investments Llc -- None Listed On Document
Perez Albert -- First American Title
Perez Albert $410,000 First American Title
Alvarado Ricardo $152,000 Orange Coast Title Co
Magdaleno Ismael Leon -- None Available
Magdaleno Ismael Leon $330,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barajas Jose Torres $520,400
Previous Owner Alvarado Ricardo $149,246
Previous Owner Magdaleno Ismael Leon $264,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2022 12/19/22 Sold $530,000 0.0% $272 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $530,000 +29.3% $272 / Sq Ft
08/09/2022 08/09/22 Sold $410,000 +2.8% $210 / Sq Ft View Prior Sale
07/22/2022 07/22/22 For Sale $399,000 -- $205 / 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 $8,914 $551,412 $83,232 $468,180
2023 $8,914 $530,000 $80,000 $450,000
2022 $4,137 $184,874 $46,217 $138,657
2021 $3,994 $181,250 $45,311 $135,939
2020 $3,661 $179,393 $44,847 $134,546
2019 $3,565 $175,876 $43,968 $131,908
2018 $3,494 $172,428 $43,106 $129,322
2017 $3,449 $169,048 $42,261 $126,787
2016 $3,333 $165,734 $41,433 $124,301
2015 $3,175 $163,246 $40,811 $122,435
2014 $3,130 $160,050 $40,012 $120,038
Source: Public Records

Agents Affiliated with this Home

  • Karen Brown

    Seller's Agent in 2022

    Karen Brown

    First Team Real Estate

    (714) 264-2552

    1 in this area

    58 Total Sales

    Karen Brown
    Section Image
  • Ana Perez

    Seller's Agent in 2022

    Ana Perez

    Gina Fernandez, Broker

    (760) 313-3110

    63 in this area

    253 Total Sales

    Ana Perez
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219087167

California Desert Association of REALTORS®

APN: 612-550-029

California Riverside County Coachella 92236

48198 Arica Dr, Coachella, CA

Not Listed for Sale

Detached

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