NOT LISTED FOR SALE

48611 Palo Verde Rd Morongo Valley, CA 92256

Estimated Value: $141,857

5 Acres
$28,371 Price per Acre
217,800 Sq Ft Lot

Last Sold March 20, 2020

Last sale price $95,000

Est. 49% increase in value since last sale

Current estimated payment $823/month

12 Days on Market

Highlights

  • Horse Property
  • 5 Acre Lot
  • No HOA
  • Panoramic View
  • Near a National Forest
  • Hiking Trails

About This Lot

As of March 2020

Presenting 5 breath taking acres with an operational well. What a bonus! No one can build beyond this spectacular property as it is situated at the end of the road. Beyond the property is the Sand to Snow National Monument. The views, the privacy, the landscape and the location are immeasurable. Once you walk on to this lot you will come up with your own description of how fantastic it is. There was an Airstream on one of the pads - however you have many choices as to where to build your new home. Power pole on adjoining property; or go fully off grid with solar.
Seller will not carry.

Last Agent to Sell the Property

Allison Gaunder

Inspire Real Estate License #01442003 Listed on: 02/20/2020

Last Buyer's Agent

Melinda Ross

Melinda Ross, Broker License #01919666

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Rural Setting
  • Desert faces the front and back of the property
  • Density is 2-5 Units/Acre
  • Property is zoned MV/RL-5

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Desert
  • Hills
  • Valley

Utilities

  • Well

Listing and Financial Details

  • Assessor Parcel Number 0583021020000

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Mountainous Community

Recreation

  • Horse Trails
  • Hiking Trails
  • Bike Trail
  • Horse Property

Property Details

Property Type

Land

Lot Details

5 Acres

Listing Details

  • Road Frontage Type: Country Road
  • Road Surface Type: Unpaved
  • View: Yes
  • Zoning: MV/RL-5
  • Property Type: Land
  • Parcel Number: 0583021020000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.44

Exterior Features

  • View: Canyon, City Lights, Desert, Hills, Mountain(s), Panoramic, Valley

Utilities

  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Hiking, Horse Trails, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Desert Back, Desert Front, Horse Property
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lot Size Area: 217800.0000 Square Feet

Tax Info

  • Tax Census Tract: 104.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 10, 2020
Sold by
Rheinheimer Johannes
Bought by
Killarzoac Kathy Sue and Finney Joseph P
Seller's Agent
Allison Gaunder
Inspire Real Estate
Buyer's Agent
Melinda Ross
Melinda Ross, Broker
List Price
$95,000
Sold Price
$95,000
Current Estimated Value
$141,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,857
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Jun 9, 2016
Sold by
Ripps Charles
Bought by
Rheinheimer Johannes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
3.58%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 11, 2014
Sold by
Kravetz Joan
Bought by
Ripps Charles

Purchase Details

Closed on
Jun 29, 2010
Sold by
Ripps Stephanie
Bought by
Ripps Charles

Purchase Details

Closed on
Feb 19, 2010
Sold by
Spark Nicholas T
Bought by
Ripps Stephanie

Purchase Details

Closed on
Nov 8, 2004
Sold by
Smith Lyman W
Bought by
Ripps Charles and Ripps Stephanie

Purchase Details

Closed on
Aug 7, 2000
Sold by
Bowen Michael W
Bought by
Smith Lyman Wood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
7.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 2, 1999
Sold by
Bowen Fred A and Bowen Michael W
Bought by
Bowen Michael W A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Killarzoac Kathy Sue $95,000 Corinthian Title Company
Rheinheimer Johannes $50,000 Equity Title Company
Ripps Charles $25,000 None Available
Ripps Charles -- Accommodation
Ripps Stephanie -- Accommodation
Ripps Charles $110,000 New Century Title Company
Smith Lyman Wood $20,000 Investors Title Company
Bowen Michael W A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rheinheimer Johannes $35,000
Previous Owner Smith Lyman Wood $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $95,000 0.0% --
03/03/2020 03/03/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $95,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,130 $103,896 $82,024 $21,872
2024 $1,073 $101,859 $80,416 $21,443
2023 $1,053 $99,862 $78,839 $21,023
2022 $1,031 $97,904 $77,293 $20,611
2021 $1,021 $95,984 $75,777 $20,207
2020 $587 $53,060 $53,060 $0
2019 $577 $52,020 $52,020 $0
2018 $562 $51,000 $51,000 $0
2017 $557 $50,000 $50,000 $0
2016 $558 $50,000 $50,000 $0
2015 -- $50,000 $50,000 $0
2014 $673 $60,500 $60,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT20037693

California Regional Multiple Listing Service (CRMLS)

APN: 0583-021-02

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