NOT LISTED FOR SALE

5553 Highway 78 Borrego Springs, CA 92004

Estimated Value: $245,000 - $532,000

4 Beds
2 Baths
2,320 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $125,000 $54 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,075/month

89 Days on Market

Highlights

  • Community Stables
  • Fishing
  • 10 Acre Lot
  • In Ground Pool
  • Panoramic View
  • Near a National Forest

About This Home

As of May 2018

SHORT SALE APPROVED! Vintage 1950's adobe, pool home, 10 acres. Blow Sand & Ocotillo Wells OHV in sight, extremely convenient for owners & guests who love to ride. Heavy lifting has already been done - this property is only a few details away from completion, creating an outstanding desert oasis home w huge vacation rental income potential. 4 large bedrooms, recessed lighting, antique details, fully furnished, mature palo verde & mesquite trees, newer commercial grade foam energy efficient roof, new water well, GREAT quality water and production. Cargo containers on site, ready for conversion into massive garage/storage space. Private & quiet, just right for those who love and appreciate a unique property like this. Seller can finance, willing to do a few projects for the new owner.

Last Agent to Sell the Property

Angela Acosta

Tandado Real Estate, Inc. License #01396825 Listed on: 12/09/2017

Last Buyer's Agent

Angela Acosta

Tandado Real Estate, Inc. License #01396825 Listed on: 12/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,487

Year Built

  • Built in 1950

Lot Details

  • 10 Acre Lot
  • Property fronts a private road
  • Secluded Lot

Parking

  • 4 Car Garage

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Hills

Home Design

  • Foam Roof

Interior Spaces

  • 2,320 Sq Ft Home
  • Living Room with Fireplace
  • Sun or Florida Room
  • Center Hall
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Well
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 08
  • Assessor Parcel Number 2534200800

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest
  • Property is near a preserve or public land

Recreation

  • Fishing
  • Hunting
  • Community Stables
  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,487

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Not Maintained
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2534200800
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2320.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 53.88
  • Room Type: All Bedrooms Down, Center Hall, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Sun

Exterior Features

  • View: Desert, Hills, Mountain(s), Panoramic
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Foam

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Well
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Horse Trails, Hunting, Preserve/Public Land, Stable(s)

Schools

  • School District: Borrego Springs Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Secluded
  • Lot Size Sq Ft: 435600.00
  • Lot Size Acres: 10.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10.0000 Acres
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2022
Sold by
Corder Richard A
Bought by
Richard A Corder Trust and Corder
Current Estimated Value
$372,047

Purchase Details

Listed on
Dec 9, 2017
Closed on
Apr 26, 2018
Sold by
Jensen Richard W
Bought by
Corder Richard A and Corder Caria
Seller's Agent
Angela Acosta
Tandado Real Estate, Inc.
Buyer's Agent
Angela Acosta
Tandado Real Estate, Inc.
List Price
$120,000
Sold Price
$125,000
Premium/Discount to List
$5,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.68%

Purchase Details

Closed on
Dec 29, 2014
Sold by
Pridmore Lisa Rae
Bought by
Jensen Richard W

Purchase Details

Closed on
Feb 25, 2004
Sold by
Mcclary Jean S
Bought by
Jensen Richard W and Pridmore Lisa Rae
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
Richard A Corder Trust -- Steinley Martin H
Corder Richard A -- Beamer Lauth Steinley & Bond L
Corder Richard A $124,000 Corinthian Title Company Inc
Jensen Richard W -- None Available
Jensen Richard W $25,000 Southland Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2018 05/01/18 Sold $125,000 +4.2% $54 / Sq Ft
03/08/2018 03/08/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $120,000 0.0% $52 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/09/2017 12/09/17 For Sale $120,000 -- $52 / 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 $1,487 $140,856 $70,428 $70,428
2024 $1,487 $138,096 $69,048 $69,048
2023 $1,455 $135,390 $67,695 $67,695
2022 $1,432 $132,736 $66,368 $66,368
2021 $1,407 $130,134 $65,067 $65,067
2020 $1,402 $128,800 $64,400 $64,400
2019 $1,302 $126,276 $63,138 $63,138
2018 $330 $31,224 $16,238 $14,986
2017 $322 $30,613 $15,920 $14,693
2016 $313 $30,013 $15,608 $14,405
2015 $309 $29,563 $15,374 $14,189
2014 $302 $28,985 $15,073 $13,912
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17272610

California Regional Multiple Listing Service (CRMLS)

APN: 253-420-08