NOT LISTED FOR SALE

50011 Ramona St Cabazon, CA 92230

Estimated Value: $154,380 - $301,000

2 Beds
2 Baths
920 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $53,000 $58 Per Sq Ft

Est. 364% increase in value since last sale

Current estimated payment $1,391/month

14 Days on Market

Highlights

  • 0.62 Acre Lot
  • No HOA
  • No Heating

About This Home

As of November 2012

Bring Your Investors!!!!!!!! Seller will Carry with 25,000.00 down. Property sold as-is no seller repairs made. Great income potential! Located close to freeway I-10. Not alot of traffic on the street. Close to Casino Morongo, Factory outlet stores and 20 minutes from Palm Springs.

Last Agent to Sell the Property

Dennis Arterberry

CRMLS Member Transfer License #01331593 Listed on: 10/03/2012

CRMLS Member Transfer

Last Buyer's Agent

Dennis Arterberry

CRMLS Member Transfer License #01331593 Listed on: 10/03/2012

CRMLS Member Transfer

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1944

Lot Details

  • 0.62

Home Design

  • 920 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Driveway

Additional Features

  • 0.62 Acre Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Tract Number 438
  • Assessor Parcel Number 526022022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$972

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Zoning: c-p-s
  • Property Type: Residential Income
  • Parcel Number: 526022022
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 57.61

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27007.00
  • Lot Size Acres: 0.6200

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Lot Size Area: 27007.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 1
  • Rent Control: No
  • Total Actual Rent: 600.00

Tax Info

  • Tax Tract Number: 438.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2012
Closed on
Nov 5, 2012
Sold by
Rutherford Gina
Bought by
Rutherford Richard C
Seller's Agent
Dennis Arterberry
CRMLS Member Transfer
Buyer's Agent
Dennis Arterberry
CRMLS Member Transfer
List Price
$59,000
Sold Price
$53,000
Premium/Discount to List
-$6,000
-10.17%
Current Estimated Value
$245,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,845
Avg. Annual Appreciation
12.88%
Original Mortgage
$30,000
Outstanding Balance
$20,775
Interest Rate
3.36%
Mortgage Type
Seller Take Back
Estimated Equity
$230,407

Purchase Details

Listed on
Oct 3, 2012
Closed on
Oct 24, 2012
Sold by
Rutherford Richard C
Bought by
Wagoner Fred and Wagoner Clorinda
Seller's Agent
Dennis Arterberry
CRMLS Member Transfer
Buyer's Agent
Dennis Arterberry
CRMLS Member Transfer
List Price
$59,000
Sold Price
$53,000
Premium/Discount to List
-$6,000
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$20,775
Interest Rate
3.36%
Mortgage Type
Seller Take Back
Estimated Equity
$230,407

Purchase Details

Closed on
May 16, 2003
Sold by
Rutherford Lisa B
Bought by
Rutherford Richard C

Purchase Details

Closed on
Jun 29, 1998
Sold by
Keith Volk
Bought by
Rutherford Richard C and Rutherford Lisa B
Source: Public Records

Range of Values:

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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
Rutherford Richard C -- Fidelity National Title
Wagoner Fred $53,000 Fidelity Nattonal Title
Rutherford Richard C -- Stewart Title Of Ca Inc
Rutherford Richard C -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagoner Fred $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2012 11/13/12 Sold $53,000 -10.2% $58 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
10/03/2012 10/03/12 For Sale $59,000 -- $64 / 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 $972 $65,249 $19,695 $45,554
2023 $972 $62,717 $18,931 $43,786
2022 $1,218 $61,488 $18,560 $42,928
2021 $937 $60,284 $18,197 $42,087
2020 $927 $59,667 $18,011 $41,656
2019 -- $58,498 $17,658 $40,840
2018 -- $57,352 $17,312 $40,040
2017 -- $56,228 $16,973 $39,255
2016 -- $55,127 $16,641 $38,486
2015 -- $54,301 $16,392 $37,909
2014 -- $53,239 $16,072 $37,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: I12125563

California Regional Multiple Listing Service (CRMLS)

APN: 526-022-002