NOT LISTED FOR SALE

59160 Jackson St Thermal, CA 92274

Estimated Value: $1,615,000 - $2,711,860

54 Acres
$39,972 Price per Acre
2,352,240 Sq Ft Lot

Last Sold June 03, 2020

Last sale price $1,785,000

Est. 21% increase in value since last sale

Current estimated payment $13,359/month

743 Days on Market

About This Lot

As of June 2020

54 acres farmed alfalfa and date trees Small home located on the property Bountiful irrigation water also domestic well and irrigation well Just 3.5 miles to Empire and El Dorado Polo Clubs, home of the music festivals, & 1.5 miles to the famous HITS Horse Show Close proximity to many exclusive country clubs including the Madison Club, Griffin Ranch, and PGA West. Owner may carry.

Last Agent to Sell the Property

Susan Harvey

Desert Pacific Properties License #00957590 Listed on: 04/02/2018

Last Buyer's Agent

Susan Harvey

Desert Pacific Properties License #00957590

Property Details

Property Type

  • Land

Lot Details

  • 54

Utilities

  • Private Water Source
  • Well
  • Septic Tank

Additional Features

  • 54 Acre Lot
  • Agricultural

Community Details

  • Thermal Subdivision

Listing and Financial Details

  • Assessor Parcel Number 764260001

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: Thermal
  • Lp Sp Ratio: 0.9400
  • Internal Listing I D: 20190608125856558754000000
  • Listing I D: 218010374
  • Listing Office Address: 78100 main St. #206, La Quinta, CA 92253
  • Listing Office Fax: (760) 360-7580
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 78100 main St. #206, La Quinta, CA 92253
  • Selling Office Fax: (760) 360-7580
  • Land Type: Fee
  • Subdivision: Thermal
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic Tank
  • Water: Private, Well
  • Water Well: Yes

Lot Info

  • Present Use: Ranch
  • Assessor Parcel Number: 764260001
  • Lot Acres: 54.0000
  • Lot Size: 2352240.00
  • List Price per Acre: 35000.00
  • Lot Features: Agricultural

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 21, 2020
Sold by
Del Vista Rosa Investments Llc
Bought by
Vista Santa Rosa Opportunity Fund Llc
Seller's Agent
Susan Harvey
Desert Pacific Properties
Buyer's Agent
Susan Harvey
Desert Pacific Properties
List Price
$2,565,000
Sold Price
$1,785,000
Premium/Discount to List
-$780,000
-30.41%
Current Estimated Value
$2,158,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,465
Avg. Annual Appreciation
3.47%
Original Mortgage
$1,249,500
Outstanding Balance
$1,107,230
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$1,051,235

Purchase Details

Closed on
Sep 12, 2006
Sold by
Petersen Diana Lee
Bought by
Del Vista Rosa Investments Llc

Purchase Details

Closed on
Nov 28, 2005
Sold by
Petersen Diana Lee
Bought by
Petersen Diana Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vista Santa Rosa Opportunity Fund Llc $1,785,000 First American Title Ins Co
Del Vista Rosa Investments Llc -- None Available
Petersen Diana Lee -- Fidelity National Financial
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vista Santa Rosa Opportunity Fund Llc $1,249,500
Previous Owner Petersen Diana Lee $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $1,785,000 -5.6% --
04/14/2020 04/14/20 Pending -- -- --
03/19/2020 03/19/20 Price Changed $1,890,000 -12.5% --
01/22/2020 01/22/20 Price Changed $2,160,000 -15.8% --
04/02/2018 04/02/18 For Sale $2,565,000 -- --
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 $24,597 $1,951,653 $1,850,496 $101,157
2023 $24,597 $1,875,872 $1,778,640 $97,232
2022 $23,990 $1,839,092 $1,743,765 $95,327
2021 $23,549 $1,803,032 $1,709,574 $93,458
2020 $2,407 $159,821 $108,285 $51,536
2019 $2,366 $156,689 $106,162 $50,527
2018 $2,321 $153,619 $104,080 $49,539
2017 $2,501 $150,608 $102,040 $48,568
2016 $2,030 $147,656 $100,040 $47,616
2015 $1,953 $145,442 $98,539 $46,903
2014 $2,766 $142,596 $96,609 $45,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218010374

California Desert Association of REALTORS®

APN: 764-260-001