NOT LISTED FOR SALE

50405 Mazatlan Dr Coachella, CA 92236

Estimated Value: $361,000 - $419,000

3 Beds
2 Baths
1,256 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $114,000 $91 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $2,342/month

52 Days on Market

Highlights

  • Peek-A-Boo Views
  • Secondary bathroom tub or shower combo
  • Attached Garage
  • Contemporary Architecture
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of June 2012

Today's real estate value is a nice 3 bedroom / 2 bath home in the Placitas De La Paz neighborhood. The home was built in 2003 and needs a some cosmetic repairs. The kitchen is open to the dining area and the living room. The laundry room is located close to all the bedrooms. Please have the buyer verify the lot square footage because it appears much larger than the assessor's records and has plenty of room for a pool.

Last Agent to Sell the Property

Catherine Dean

Real Estate Value Inc. License #01260266 Listed on: 04/10/2012

Last Buyer's Agent

Cecilia Malvestio

License #01780823

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,256 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Blinds
  • Dining Area
  • Carpet
  • Peek-A-Boo Views
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Community Details

  • Placitas De La Paz Subdivision

Listing and Financial Details

  • Assessor Parcel Number 768090008

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Placitas De La Paz
  • Building Style: Contemporary
  • Entry Location: Main Level
  • List Price per Sq Ft: 77.23
  • Lp Sp Ratio: 1.1753
  • View Type: Peek-A-Boo
  • Year Built: 2003
  • Listing I D: 21446549
  • Listing Member Address: 80165 Bridgeport Drive, Real Estate Value, Inc., Indio, CA 92201
  • Listing Office Address: 80165 Bridgeport Drive, Real Estate Value, Inc., Indio, CA 92201
  • Selling Office Address: 81-703 Highway 111, Indio Office, Indio, CA 92201
  • Selling Office Fax: (760) 347-2382
  • Land Type: Fee
  • Subdivision: Placitas De La Paz
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Carpet
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 1256.00
  • Windows Treatments: Blinds, Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Slab
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab, Covered
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 768090008
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1500
  • Lot Size: 6534.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2012
Closed on
Jun 7, 2012
Sold by
Jpmorgan Chase Bank Na
Bought by
Zepeda Jose Aguilar
Seller's Agent
Catherine Dean
Real Estate Value Inc.
Buyer's Agent
Cecilia Malvestio
List Price
$97,000
Sold Price
$114,000
Premium/Discount to List
$17,000
17.53%
Current Estimated Value
$394,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,334
Avg. Annual Appreciation
9.56%
Original Mortgage
$111,935
Outstanding Balance
$77,283
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$317,051

Purchase Details

Closed on
Jan 17, 2012
Sold by
Mendez Adrian S
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Sep 3, 2008
Sold by
Bank Of New York
Bought by
Mendez Adrian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2007
Sold by
Arroniz Ignacio
Bought by
Bank Of New York and The Certificateholder S Cwabs Inc Asset

Purchase Details

Closed on
Oct 19, 2005
Sold by
Robles Fernando and Covarrubias Liliana
Bought by
Arroniz Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2003
Sold by
Placitas De La Paz Llc
Bought by
Robles Fernando and Covarrubias Liliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,411
Interest Rate
5.94%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Zepeda Jose Aguilar $114,000 First American Title Company
Jpmorgan Chase Bank Na $89,250 Accommodation
Mendez Adrian S $135,000 Landsafe Title
Bank Of New York $252,450 Landsafe Title
Arroniz Ignacio $310,000 Stewart Title Guaranty
Robles Fernando $134,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zepeda Jose Aguilar $111,935
Previous Owner Mendez Adrian S $137,700
Previous Owner Arroniz Ignacio $248,000
Previous Owner Robles Fernando $132,411
Closed Robles Fernando $4,034
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $114,000 +17.5% $91 / Sq Ft
04/10/2012 04/10/12 For Sale $97,000 -- $77 / 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 $3,355 $143,174 $28,631 $114,543
2023 $3,355 $137,617 $27,520 $110,097
2022 $3,194 $134,920 $26,981 $107,939
2021 $3,104 $132,275 $26,452 $105,823
2020 $3,007 $130,919 $26,181 $104,738
2019 $2,925 $128,353 $25,668 $102,685
2018 $2,852 $125,837 $25,165 $100,672
2017 $2,783 $123,371 $24,672 $98,699
2016 $2,677 $120,953 $24,189 $96,764
2015 $2,601 $119,138 $23,827 $95,311
2014 $2,091 $116,806 $23,361 $93,445
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21446549

California Desert Association of REALTORS®

APN: 768-090-008