NOT LISTED FOR SALE

49372 Palo Verde Rd Morongo Valley, CA 92256

Estimated Value: $147,753 - $498,000

5 Acres
$52,188 Price per Acre
217,800 Sq Ft Lot

Last Sold November 04, 2016

Last sale price $80,000 $286 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $1,546/month

9 Days on Market

Highlights

  • Horse Property
  • Panoramic View
  • No HOA
  • Horse Property Unimproved
  • 217,800 Sq Ft lot
  • Foothills

About This Lot

As of November 2016

Very nice Morongo Valley 5.0 Acre Parcel. There's an old cabin currently on the property. You can develop this exceptional piece of land. Build your dream home and have beautiful views of the surrounding hills and mountains. The property has utilities access and great potential. Don't miss out on this amazing opportunity.

Last Agent to Sell the Property

Geza Kovats

Geza Kovats, Broker License #00896895 Listed on: 09/17/2016

Co-Listed By

Christopher Cochran

Cochran Real Estate Professionals Inc License #01346572

Last Buyer's Agent

Geza Kovats

Geza Kovats, Broker License #00896895 Listed on: 09/17/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,222

Lot Details

  • 5 Acre Lot
  • Property is zoned MV/RL

Property Views

  • Panoramic
  • Mountain
  • Hills

Horse Facilities and Amenities

  • Horse Property Unimproved

Listing and Financial Details

  • Assessor Parcel Number 0582061030000

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community
  • Valley

Recreation

  • Horse Property

Property Details

Property Type

Land

Est. Annual Taxes

$1,222

Lot Details

0

Listing Details

  • Road Surface Type: Unpaved
  • View: Yes
  • Zoning: MV/RL
  • Property Type: Land
  • Parcel Number: 0582061030000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 0.37

Exterior Features

  • View: Hills, Mountain(s), Panoramic

Utilities

  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Community Features: Foothills, Mountainous, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property, Horse Property Unimproved
  • Lot Size Sq Ft: 217800.00

Tax Info

  • Tax Census Tract: 104.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2016
Closed on
Sep 28, 2016
Sold by
Mills Jane E
Bought by
Rheinheimer Johannes
Seller's Agent
Geza Kovats
Geza Kovats, Broker
Buyer's Agent
Geza Kovats
Geza Kovats, Broker
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$260,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,938
Avg. Annual Appreciation
14.56%
Original Mortgage
$50,000
Outstanding Balance
$40,324
Interest Rate
3.48%
Mortgage Type
Seller Take Back
Estimated Equity
$220,614

Purchase Details

Closed on
Apr 2, 2016
Sold by
Brewer Mike R
Bought by
Mills Jane E

Purchase Details

Closed on
Mar 28, 1994
Sold by
Peairs Anita M
Bought by
Brewer Mike R
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
Rheinheimer Johannes $80,000 Equity Title Company
Mills Jane E -- None Available
Brewer Mike R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rheinheimer Johannes $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $80,000 0.0% $286 / Sq Ft
09/29/2016 09/29/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $80,000 -- $286 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,222 $92,848 $52,226 $40,622
2024 $1,222 $91,027 $51,202 $39,825
2023 $1,197 $89,242 $50,198 $39,044
2022 $1,171 $87,492 $49,214 $38,278
2021 $1,156 $85,776 $48,249 $37,527
2020 $1,145 $84,896 $47,754 $37,142
2019 $1,124 $83,232 $46,818 $36,414
2018 $1,097 $81,600 $45,900 $35,700
2017 $1,084 $80,000 $45,000 $35,000
2016 $890 $62,162 $46,623 $15,539
2015 $869 $61,229 $45,923 $15,306
2014 $867 $60,029 $45,023 $15,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16704196

California Regional Multiple Listing Service (CRMLS)

APN: 0582-061-03