NOT LISTED FOR SALE

501 Palm Ave Coachella, CA 92236

Estimated Value: $332,000 - $378,000

3 Beds
2 Baths
1,415 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $165,000 $117 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,132/month

45 Days on Market

About This Home

As of May 2016

Location Location,Great for Investor and first time buyer this 3 bedroom 2 bathroom in Coachella. Corner lot in the heart of Coachella,close to shopping centers and schools.

Last Agent to Sell the Property

Katie McLaren

Tarbell REALTORS License #01459225 Listed on: 02/06/2016

Last Buyer's Agent

Fredy Rodriguez

Fathom Realty Group Inc. License #01731893

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 6,970 Sq Ft Lot

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 778055001

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA315
  • List Price per Sq Ft: 123.67
  • Lp Sp Ratio: 0.9429
  • Year Built: 1946
  • Listing I D: 216004828
  • Listing Office Address: 78-297 Highway 111, La Quinta, CA 92253
  • Listing Office Fax: (760) 777-7571
  • Selling Office Address: 24800 Chrisanta Dr Suite 140, Mission Viejo, CA 92691
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1415.00

Utilities

  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 778055001
  • Lot Acres: 0.1600
  • Lot Size: 6970.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2016
Closed on
Mar 28, 2016
Sold by
Lee Dack King and Lui Kenny Chijian
Bought by
Orellana Jose Abraham and Naranjo Esther Zamora
Seller's Agent
Katie McLaren
Tarbell REALTORS
Buyer's Agent
Fredy Rodriguez
Fathom Realty Group Inc.
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$351,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,274
Avg. Annual Appreciation
8.18%
Original Mortgage
$149,419
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2009
Sold by
Lee Dack King
Bought by
Lee Dack King and Lui Kenny Chijian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.18%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 9, 2008
Sold by
Saxon Mortgage Services Inc
Bought by
Lee Dack King

Purchase Details

Closed on
Sep 18, 2008
Sold by
Herrera Sabino Barragan
Bought by
Saxon Mortgage Services Inc

Purchase Details

Closed on
Aug 1, 2005
Sold by
Barragan Guillermina
Bought by
Herrera Sabino Barragan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2005
Sold by
Terrones Jaime C
Bought by
Herrera Sabino Barragan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2005
Sold by
Terrones Elia A
Bought by
Terrones Jaime C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
5.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 13, 2004
Sold by
Terrones Elia A
Bought by
Terrones Jaime C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
6.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 17, 2003
Sold by
Terrones Jaime C
Bought by
Terrones Jaime C and Terrones Elia A

Purchase Details

Closed on
Mar 12, 2003
Sold by
Terrones Elia A
Bought by
Terrones Jaime C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1994
Sold by
Gradilla Romualda
Bought by
Terrones Jaime C and Terrones Elia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Orellana Jose Abraham $165,000 Western Resources Title
Lee Dack King -- Fidelity Natl Title Ins Co
Lee Dack King $72,500 Fidelity National Title Comp
Saxon Mortgage Services Inc $74,800 Accommodation
Herrera Sabino Barragan -- New Century Title Company
Herrera Sabino Barragan $290,000 New Century Title Company Ri
Terrones Jaime C -- First American Title Co Rive
Terrones Jaime C -- Southland Title
Terrones Jaime C -- --
Terrones Jaime C -- Commonwealth Land Title Co
Terrones Jaime C $6,500 Union Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orellana Jose Abraham $149,419
Previous Owner Lee Dack King $42,000
Previous Owner Herrera Sabino Barragan $232,000
Previous Owner Terrones Jaime C $161,250
Previous Owner Terrones Jaime C $140,600
Previous Owner Terrones Jaime C $84,800
Closed Terrones Jaime C $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $165,000 -5.7% $117 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $175,000 0.0% $124 / Sq Ft
03/11/2016 03/11/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $175,000 -- $124 / 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 $3,490 $195,319 $53,268 $142,051
2023 $3,490 $187,736 $51,200 $136,536
2022 $3,362 $184,056 $50,197 $133,859
2021 $3,297 $180,448 $49,213 $131,235
2020 $3,203 $178,599 $48,709 $129,890
2019 $3,122 $175,098 $47,754 $127,344
2018 $3,050 $171,666 $46,818 $124,848
2017 $2,996 $168,300 $45,900 $122,400
2016 $1,908 $89,461 $33,995 $55,466
2015 $1,852 $88,120 $33,486 $54,634
2014 $1,344 $86,396 $32,831 $53,565
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Katie McLaren

    Tarbell REALTORS

  • F

    Buyer's Agent in 2016

    Fredy Rodriguez

    Fathom Realty Group Inc.

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216004828

California Desert Association of REALTORS®

APN: 778-055-001

California Riverside County Coachella 92236

501 Palm Ave, Coachella, CA

Not Listed for Sale

Detached

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