NOT LISTED FOR SALE

48959 Paradise Ave Morongo Valley, CA 92256

Estimated Value: $530,141 - $654,000

1.12 Acres
$529,543 Price per Acre
48,783 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $25,000 $10 Per Sq Ft

Est. 2,272% increase in value since last sale

Current estimated payment $3,490/month

43 Days on Market

About This Lot

As of October 2020

Amazing lot with amazing views! Great location! Home next door is for sell.

Last Agent to Sell the Property

Justine Johnson

Windermere Homes & Estates License #01966013 Listed on: 09/09/2020

Co-Listed By

Thomas Sinclair

Windermere Homes & Estates

Last Buyer's Agent

Kelly Foley

GREEN Real Estate Group License #01957604

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,627

Lot Details

  • 1.12

Property Views

  • Panoramic
  • Mountain
  • Desert

Additional Features

  • 1.12 Acre Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0584103040000

Property Details

Property Type

Land

Est. Annual Taxes

$4,627

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 1.0000
  • View Type: Desert, Mountain(s), Panoramic
  • Co Listing Member Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Co Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Internal Listing I D: 20200911054311411777000000
  • Listing I D: 219049413
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 56675 Duarte Street, Yucca Valley, CA 92284
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 0584103040000
  • Lot Acres: 1.1199
  • Lot Size: 48787.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Sep 29, 2020
Sold by
Marko Julie L
Bought by
Wong Joshua and Howerton Adella
Seller's Agent
Justine Johnson
Windermere Homes & Estates
Buyer's Agent
Kelly Foley
GREEN Real Estate Group
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$593,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,035
Avg. Annual Appreciation
88.38%
Original Mortgage
$316,000
Outstanding Balance
$280,553
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$312,482

Purchase Details

Closed on
Nov 17, 2000
Sold by
Koptis Thomas J
Bought by
Marko Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.54%

Purchase Details

Closed on
Apr 11, 2000
Sold by
Cowdrey Sellar Wendi and Sellar Wayne P
Bought by
Koptis Thomas J and Koptis Constance J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,003
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 1999
Sold by
Cowdrey Sellar Wendi
Bought by
Sellar Wayne P and Cowdrey Sellar Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 27, 1994
Sold by
Sellar Wayne P
Bought by
Cowdrey Sellar Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.57%

Purchase Details

Closed on
Jul 13, 1994
Sold by
France Robert M and France Carol Lynn
Bought by
Sellar Wendi Cowdrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
8.57%
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 Buyer Sale Price Title Company
Wong Joshua $395,000 Fidelity National Title Co
Marko Julie L $115,000 Orange Coast Title
Koptis Thomas J $150,000 Fidelity National Title Ins
Sellar Wayne P -- Orange Coast Title Co
Cowdrey Sellar Wendi -- Fidelity National Title
Sellar Wendi Cowdrey $120,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Joshua $316,000
Previous Owner Marko Julie L $165,000
Previous Owner Koptis Thomas J $149,003
Previous Owner Sellar Wayne P $95,000
Previous Owner Cowdrey Sellar Wendi $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $25,000 0.0% $10 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $25,000 -- $10 / 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 $4,627 $427,561 $85,513 $342,048
2024 $4,627 $419,177 $83,836 $335,341
2023 $4,535 $410,958 $82,192 $328,766
2022 $4,440 $402,900 $80,580 $322,320
2021 $4,392 $395,000 $79,000 $316,000
2020 $1,883 $158,453 $15,848 $142,605
2019 $1,850 $155,346 $15,537 $139,809
2018 $1,804 $152,300 $15,232 $137,068
2017 $1,784 $149,313 $14,933 $134,380
2016 $1,752 $146,385 $14,640 $131,745
2015 $1,711 $144,186 $14,420 $129,766
2014 $1,700 $141,362 $14,138 $127,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219049413

California Desert Association of REALTORS®

APN: 0584-103-03