NOT LISTED FOR SALE

48205 Arica Dr Coachella, CA 92236

Estimated Value: $499,000 - $561,000

4 Beds
2.5 Baths
2,458 Sq Ft
$216/Sq Ft Est. Value

Last Sold November 21, 2016

Last sale price $267,000 $109 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,267/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Walk-In Closet
  • Retreat
  • 2 Car Attached Garage
  • Tile Countertops

About This Home

As of November 2016

Wonderful four bedroom home in highly desirable La Paloma Estates. Enter home to formal living room. There is a family room off of the kitchen with fireplace. Great lay out with lots of entertaining space. Downstairs features tile throughout. Open kitchen with center island and lots of cabinet space. Half bathroom downstairs with a storage room. Upstairs is a spacious loft. Master bedroom is also large and has a walk in closet and it's own bathroom. Three additional guest bedrooms and a guest bathroom are upstairs. Nice yard with covered patio. Inside laundry. Two car garage. No HOAs. Call today to see!

Last Agent to Sell the Property

David Emerson

Listed on: 07/03/2016

Last Buyer's Agent

Jonas Joherg

Coldwell Banker Realty License #01752922

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 6,534 Sq Ft Lot
  • Home has East and West Exposure
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 2,458 Sq Ft Home
  • 1-Story Property
  • Fireplace With Glass Doors
  • Family Room with Fireplace
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Community Details

  • La Paloma Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 612551004

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
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: Two
  • Builders Tract Code: La Paloma Estates
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Floor: 1
  • List Price per Sq Ft: 105.37
  • Lp Sp Ratio: 1.0309
  • Year Built: 2005
  • Listing I D: 216020052
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Member Fax: (866) 496-5926
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 78065 Main St. #107, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-9190
  • Land Type: Fee
  • Subdivision: La Paloma Estates
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Glass Doors
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Up, Master Retreat, Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Kitchen Features: Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2458.00

Exterior Features

  • Roofing: Concrete, Tile
  • Foundation: Slab

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air, Dual
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 612551004
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1500
  • Lot Size: 6534.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2020
Sold by
Mercado Omar Rodolfo Penaloza
Bought by
Carrazco Jorge Serrano
Current Estimated Value
$531,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2020
Sold by
Carrazco Jorge Serrano
Bought by
Carrazco Jorge Serrano and Serrano Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2016
Sold by
Gabiguy Investment Llc
Bought by
Carrazco Jorge Serrano and Mercado Omar Rodolfo Penaloza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,163
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 30, 2014
Sold by
Gabiguy Investments Llc
Bought by
Gabiguy Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 11, 2014
Sold by
Serrano Laura
Bought by
Carrazco Jorge Serrano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 19, 2011
Sold by
Etziony Guy and Gabi Nissim
Bought by
Gabiguy Investments Llc

Purchase Details

Closed on
Mar 8, 2011
Sold by
Federal National Mortgage Association
Bought by
Gabi Nissim and Wang Yan

Purchase Details

Closed on
Aug 24, 2010
Sold by
Holguin Ricardo and Holguin Diana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 4, 2006
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Holguin Ricardo and Holguin Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carrazco Jorge Serrano -- Corinthian Title Company
Carrazco Jorge Serrano -- Corinthian Title Company
Carrazco Jorge Serrano $267,000 Fidelity National Title Co
Gabiguy Investment Llc -- Commonwealth Land Title Co
Carrazco Jorge Serrano -- Fidelity National Title Co
Gabiguy Investments Llc -- None Available
Gabi Nissim $130,000 Servicelink
Federal National Mortgage Association $271,625 Landsafe Title
Holguin Ricardo $334,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrazco Jorge Serrano $256,000
Previous Owner Carrazco Jorge Serrano $262,163
Previous Owner Gabiguy Investment Llc $1,000,000
Previous Owner Holguin Ricardo $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2016 11/21/16 Sold $267,000 +3.1% $109 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/03/2016 07/03/16 For Sale $259,000 -- $105 / 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 $6,095 $329,744 $58,044 $271,700
2023 $6,095 $316,941 $55,791 $261,150
2022 $5,722 $310,728 $54,698 $256,030
2021 $5,561 $304,636 $53,626 $251,010
2020 $4,996 $283,341 $56,668 $226,673
2019 $4,878 $277,786 $55,557 $222,229
2018 $4,782 $272,340 $54,468 $217,872
2017 $4,739 $267,000 $53,400 $213,600
2016 $3,039 $142,850 $35,711 $107,139
2015 $2,893 $140,707 $35,176 $105,531
2014 $2,849 $137,953 $34,488 $103,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216020052

California Desert Association of REALTORS®

APN: 612-551-004