NOT LISTED FOR SALE

52371 Oasis Palms Ave Coachella, CA 92236

Estimated Value: $434,241 - $516,000

6 Beds
3 Baths
2,160 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $268,000 $124 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,992/month

10 Days on Market

Highlights

  • No HOA
  • Fenced
  • No Heating
  • Neighborhood Views
  • Carpet
  • 1-Story Property

About This Home

As of December 2019

Nice Coachella neighborhood. Three units 2 bed 1 bath each/ sold as is Multi- Family dwellings sitting on a lot 6,534 SQFT lot.

Last Agent to Sell the Property

Victor Rosales Sr.

Remax Innovative License #01833708 Listed on: 09/30/2019

Remax Innovative

Last Buyer's Agent

Victor Rosales Sr.

Remax Innovative License #01833708 Listed on: 09/30/2019

Remax Innovative

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,931

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in fair condition
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 23
  • Tax Tract Number 457
  • Assessor Parcel Number 778262014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $571
  • New Taxes Expense $2,523
  • Operating Expense $6,094
  • Net Operating Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,931

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-521-9555
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Coachella Valley
  • View: Yes
  • Zoning: RM
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 778262014
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 124.07

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: No
  • Laundry: No
  • Electric: Electricity - On Property
  • Sewer: Unknown

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6534.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 571.00
  • Lot Size Area: 6534.0000 Square Feet
  • Net Operating Income: 11400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 6094.00

Tax Info

  • New Taxes Expense: 2523.00
  • Tax Area: 012023
  • Tax Lot: 23
  • Tax Tract: 457.03
  • Tax Tract Number: 457.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 16, 2019
Sold by
Villamil Eloy
Bought by
Mejeb Holding Llc
Seller's Agent
Victor Rosales Sr.
Remax Innovative
Buyer's Agent
Victor Rosales Sr.
Remax Innovative
List Price
$299,900
Sold Price
$268,000
Premium/Discount to List
-$31,900
-10.64%
Current Estimated Value
$473,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,560
Avg. Annual Appreciation
10.45%
Original Mortgage
$201,000
Outstanding Balance
$177,971
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$295,589

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 4, 2019
Sold by
Rivas Monica N Pena
Bought by
Villamil Eloy
Seller's Agent
Victor Rosales Sr.
Remax Innovative
Buyer's Agent
Victor Rosales Sr.
Remax Innovative
List Price
$299,900
Sold Price
$268,000
Premium/Discount to List
-$31,900
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Outstanding Balance
$177,971
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$295,589

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 18, 2019
Sold by
Ramirez Orlando
Bought by
Villamil Eloy
Seller's Agent
Victor Rosales Sr.
Remax Innovative
Buyer's Agent
Victor Rosales Sr.
Remax Innovative
List Price
$299,900
Sold Price
$268,000
Premium/Discount to List
-$31,900
-10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Outstanding Balance
$177,971
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$295,589

Purchase Details

Closed on
May 11, 1999
Sold by
Ramirez Enrique and Ramirez Rosa
Bought by
Ramirez Orlando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,125
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 1996
Sold by
Estrada Miguel R
Bought by
Estrada Miguel R

Purchase Details

Closed on
Apr 28, 1995
Sold by
Estrada Miguel R
Bought by
Estrada Miguel R and Estrada Norma
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
Mejeb Holding Llc -- Accommodation
Villamil Eloy -- Lawyers Title Company
Villamil Eloy $268,000 Lawyers Title Company
Ramirez Orlando -- --
Ramirez Enrique -- --
Estrada Miguel R -- --
Estrada Miguel R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villamil Eloy $201,000
Closed Villamil Eloy $201,000
Closed Villamil Eloy $201,000
Previous Owner Ramirez Orlando $59,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $268,000 -10.6% $124 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $299,900 -- $139 / 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 $4,931 $293,092 $65,616 $227,476
2023 $4,931 $281,713 $63,069 $218,644
2022 $4,723 $276,190 $61,833 $214,357
2021 $4,593 $270,775 $60,621 $210,154
2020 $4,418 $268,000 $60,000 $208,000
2019 $2,617 $131,905 $28,095 $103,810
2018 $2,562 $129,320 $27,545 $101,775
2017 $2,485 $126,785 $27,005 $99,780
2016 $2,348 $124,300 $26,476 $97,824
2015 $2,260 $122,434 $26,079 $96,355
2014 $2,249 $120,037 $25,569 $94,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19229597

California Regional Multiple Listing Service (CRMLS)

APN: 778-262-014