NOT LISTED FOR SALE

Estimated Value: $539,967 - $710,000

5 Beds
3 Baths
2,209 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $290,000 $131 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,650/month

52 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Laundry Room
  • Private Yard
  • Tile Countertops
  • 2-minute walk to Eisenhower Park

About This Home

As of November 2016

Beautiful home in La Quinta Cove, home has been updated with newer kitchen, granite counter tops and updated bathrooms. Floors are laminated and living room has a fireplace. Bedrooms are spacious and with lots of closet space. Two car garage and washer and dryer hookups. Home doesn't have a back yard but is across from one of the city parks. Home has a studio in the back that it's rented separated. Home pays 66% of all utilities and studio 34%. Tenant in the back is very quiet and private and has been living there for 3 years.

Last Agent to Sell the Property

Carl Mitrak

WINDERMERE DESERT PROPERTIES License #00519085 Listed on: 06/06/2016

WINDERMERE DESERT PROPERTIES

Last Buyer's Agent

Fanny Paredes

First Family Homes License #01229226

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,905

Year Built

  • Built in 1979

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,209 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 303
  • Tax Tract Number 7244
  • Assessor Parcel Number 774085020

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • La Quinta Cove Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $690
  • Trash Expense $400
  • Operating Expense $5,690
  • Gross Income $16,700
  • Net Operating Income $16,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,905

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Subdivision Name Other: La Quinta Cove
  • View: Yes
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 774085020
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: Ground Level No Steps
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 131.28

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Water Heater
  • Heating Type: Natural Gas, Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 4792.00
  • Price Per Lot Square Foot: 60.50
  • Lot Size Acres: 0.1100

Multi Family

  • Average2 Bed Area: 800
  • Average3 Bed Area: 1409
  • Gross Income: 16700.00
  • Gross Scheduled Income: 19800.00
  • Insurance Expense: 690.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 16300.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5690.00
  • Rent Control: No
  • Total Expenses: 5690.00

Tax Info

  • Tax Lot: 303
  • Tax Tract Number: 7244

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2016
Sold by
Desert Real Property Llc
Bought by
Gonzalez Rigoberto and Gonzalez Maria Elba
Current Estimated Value
$599,492

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
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2015
Sold by
Bojic Paul D
Bought by
Desert Real Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.57%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Nov 1, 2013
Closed on
Feb 19, 2014
Sold by
Weldy Celine
Bought by
Weldy Vern
Seller's Agent
Candice Johnson
Rosenthal & Associates
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$214,900
Sold Price
$170,000
Premium/Discount to List
-$44,900
-20.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$170,000
Interest Rate
12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 1, 2013
Closed on
Feb 18, 2014
Sold by
Fannie Mae
Bought by
Bojic Paul D and Weldy Vern
Seller's Agent
Candice Johnson
Rosenthal & Associates
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$214,900
Sold Price
$170,000
Premium/Discount to List
-$44,900
-20.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 17, 2013
Sold by
Skorich Montee and Skorich Joy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 31, 2005
Sold by
Russell Joseph
Bought by
Skorich Montee and Skorich Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 2005
Sold by
Chikara Investments Inc
Bought by
Russell Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
8.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 17, 2004
Sold by
Russell Joseph
Bought by
Chikara Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 23, 2003
Sold by
Jp Morgan Chase Bank
Bought by
Russell Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Cormier Gwendolyn
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Jul 30, 2002
Sold by
Harvey Mara
Bought by
Cormier Gwendolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2002
Sold by
World Projects Inc
Bought by
Harvey Mara

Purchase Details

Closed on
Oct 2, 2000
Sold by
Hud
Bought by
World Project Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2000
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 16, 2000
Sold by
Almondo Ebreo Val and Khem Moly
Bought by
Countrywide Home Loans Inc
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
Gonzalez Rigoberto $290,000 Title365
Desert Real Property Llc -- Chicago Title Company
Bojic Paul D -- Chicago Title Company
Bojic Paul D -- Chicago Title Company
Weldy Vern -- Lsi Title Company Inc
Bojic Paul D $170,000 Lsi Title Company Inc
Federal National Mortgage Association $356,412 Lawyers Title
Skorich Montee $400,000 Southland Title Corporation
Russell Joseph -- --
Chikara Investments Inc -- Equity Title Company
Russell Joseph $205,000 First American Title Ins Co
Jpmorgan Chase Bank $197,012 Fidelity
Cormier Gwendolyn $230,000 First American Title Co
Harvey Mara -- --
World Project Inc $109,000 Benefit Land Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $90,602 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gonzalez Rigoberto $390,000
Closed Gonzalez Rigoberto $230,500
Previous Owner Gonzalez Rigoberto $232,000
Previous Owner Bojic Paul D $75,000
Previous Owner Desert Real Property Llc $525,000
Previous Owner Desert Real Property Llc $75,000
Previous Owner Bojic Paul D $170,000
Previous Owner Skorich Montee $342,000
Previous Owner Skorich Montee $320,000
Previous Owner Russell Joseph $295,000
Previous Owner Russell Joseph $0
Previous Owner Russell Joseph $164,000
Previous Owner Cormier Gwendolyn $184,000
Previous Owner World Project Inc $10,000
Previous Owner World Project Inc $4,000
Previous Owner World Project Inc $100,000
Previous Owner Ebreo Val Almondo $21,402
Closed Russell Joseph $41,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Rented $1,750 0.0% --
02/20/2021 02/20/21 For Rent $1,750 +12.9% --
09/17/2019 09/17/19 Rented $1,550 0.0% --
09/06/2019 09/06/19 For Rent $1,550 +63.2% --
01/01/2018 01/01/18 Rented $950 0.0% --
12/13/2017 12/13/17 Price Changed $950 +5.6% $1 / Sq Ft
12/12/2017 12/12/17 For Rent $900 0.0% --
11/22/2016 11/22/16 Sold $290,000 0.0% $131 / Sq Ft
10/05/2016 10/05/16 For Sale $289,900 0.0% $131 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/22/2016 07/22/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $289,900 +70.5% $131 / Sq Ft
02/27/2014 02/27/14 Sold $170,000 0.0% $77 / Sq Ft
02/14/2014 02/14/14 Pending -- -- --
01/08/2014 01/08/14 Price Changed $170,000 -8.1% $77 / Sq Ft
12/03/2013 12/03/13 Price Changed $185,000 -13.9% $84 / Sq Ft
11/01/2013 11/01/13 For Sale $214,900 -- $97 / 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 $4,905 $336,563 $69,632 $266,931
2024 $4,905 $329,965 $68,267 $261,698
2023 $4,761 $323,496 $66,929 $256,567
2022 $4,599 $317,154 $65,617 $251,537
2021 $4,481 $310,936 $64,331 $246,605
2020 $4,458 $307,749 $63,672 $244,077
2019 $4,312 $301,716 $62,424 $239,292
2018 $4,220 $295,800 $61,200 $234,600
2017 $4,155 $290,000 $60,000 $230,000
2016 $2,772 $176,043 $46,599 $129,444
2015 $2,778 $173,400 $45,900 $127,500
2014 $3,094 $198,900 $40,800 $158,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16123140

California Regional Multiple Listing Service (CRMLS)

APN: 774-085-020