NOT LISTED FOR SALE

Estimated Value: $874,000 - $1,217,000

4 Beds
2 Baths
1,915 Sq Ft
$508/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $700,000 $366 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,049/month

42 Days on Market

Highlights

  • Guest House
  • Midcentury Modern Architecture
  • Living Room with Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Forced Air Zoned Heating and Cooling System

About This Home

As of April 2021

Great Opportunity, Mid-Century two unit property. Zoned R-2 with two 2Bed/1Bath units offers plenty of flexibility. Privacy between units, lots of views, separate space and a Warm Sands location. Very nicely maintained and great location to downtown. Newer cool roof, newer windows, newer interiors, in unit washer and dryer. Please don't disturb Tenants.

Last Agent to Sell the Property

Troy Kudlac

KUD Properties, Inc. License #01498474 Listed on: 02/15/2021

Co-Listed By

Ross Stout

eXp Realty Of Southern California Inc License #01882341

Last Buyer's Agent

Leslie Amick

Capitis Real Estate License #01993415

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,451

Year Built

  • Built in 1950

Lot Details

  • 6,098

Home Design

  • Duplex
  • Midcentury Modern Architecture

Interior Spaces

  • 1,915 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • 6 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Driveway

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Evaporated cooling system
  • Sewer in Street

Additional Features

  • 6,098 Sq Ft Lot
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 508123005

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Warm Sands Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,451

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Property Attached/Detached: Yes
  • Levels: One
  • Building Number Of Stories: 2
  • Building Style: Mid Century
  • List Price per Sq Ft: 391.64
  • Lp Sp Ratio: 0.9300
  • View Type: Mountain(s)
  • Year Built: 1950
  • Co Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Internal Listing I D: 20210218013316239219000000
  • Listing I D: 219057513
  • Listing Member Address: 74124 Highway 111, Palm Desert, CA 92260
  • Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 515 N Palm Canyon Dr Bldg C, Palm Springs, CA 92262
  • Selling Office Address: 70227 Hwy 111 STE A, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 325-5445
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Warm Sands
  • Unit Information Number Of Units Leased: 2
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Unknown
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry Equipment: Own
  • Estimated Sq Ft: 1915.00

Exterior Features

  • Other Structures: Guest House/Casita
  • View: Yes

Garage/Parking

  • Parking: Covered, Driveway
  • Parking Info Total Carport Spaces: 2.00
  • Parking Info Total Covered Spaces: 2.00
  • Parking Info Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Cooling Type: Air Conditioning, Zoned, Evaporative Cooling, Central Air
  • Heating: Central, Zoned, Forced Air
  • Sewer: In Street Paid
  • Number Gas Meter: 2
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 508123005
  • Lot Size: 6098.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2
  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 5, 2021
Sold by
Harper Michael E
Bought by
Sblendorio Robert
Seller's Agent
Troy Kudlac
KUD Properties, Inc.
Buyer's Agent
Leslie Amick
Capitis Real Estate
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$972,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,967
Avg. Annual Appreciation
7.72%
Original Mortgage
$560,000
Outstanding Balance
$505,095
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$467,872

Purchase Details

Listed on
Feb 15, 2021
Closed on
Mar 2, 2021
Sold by
Bowdoin Ronald C
Bought by
Sblendorio Robert
Seller's Agent
Troy Kudlac
KUD Properties, Inc.
Buyer's Agent
Leslie Amick
Capitis Real Estate
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$505,095
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$467,872

Purchase Details

Closed on
Apr 20, 2017
Sold by
Bowdoin Ronald C and Bowdoin Ronald C
Bought by
Bowdoin Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2003
Sold by
Bowdoin Ronald
Bought by
Bowdoin Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 9, 1999
Sold by
Whaley Judy Ann
Bought by
Bowdoin Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,702
Interest Rate
7.04%
Mortgage Type
FHA
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
Sblendorio Robert -- First American Title
Sblendorio Robert $700,000 First American Title
Bowdoin Ronald C -- First American Title Company
Bowdoin Ronald C -- Chicago Title Company
Bowdoin Ronald -- Commerce Title
Bowdoin Ronald $97,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sblendorio Robert $560,000
Previous Owner Bowdoin Ronald C $261,000
Previous Owner Bowdoin Ronald $80,000
Previous Owner Bowdoin Ronald $160,000
Previous Owner Bowdoin Ronald $96,702
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $700,000 -6.7% $366 / Sq Ft
02/15/2021 02/15/21 For Sale $750,000 -- $392 / 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 $9,451 $757,701 $189,425 $568,276
2023 $9,451 $728,280 $182,070 $546,210
2022 $9,633 $714,000 $178,500 $535,500
2021 $2,333 $141,906 $28,952 $112,954
2020 $2,600 $140,452 $28,656 $111,796
2019 $2,217 $137,699 $28,095 $109,604
2018 $2,184 $135,000 $27,545 $107,455
2017 $2,157 $132,354 $27,005 $105,349
2016 $7,037 $129,760 $26,476 $103,284
2015 $6,927 $127,813 $26,079 $101,734
2014 $1,936 $125,311 $25,569 $99,742
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219057513

California Desert Association of REALTORS®

APN: 508-123-005