NOT LISTED FOR SALE

Estimated Value: $376,713 - $431,000

2 Beds
2 Baths
960 Sq Ft
$416/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $285,000 $297 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,535/month

10 Days on Market

Highlights

  • Mountain View
  • Living Room
  • 1-Story Property
  • Breakfast Room
  • Tile Flooring
  • Evaporated cooling system

About This Home

As of March 2021

Mid-Century Joshua Tree duplex. Each unit is one bedroom one bath with beautiful views on a large fenced lot. Lots of possibilities. Unit B has been partially re-done with new tile flooring and paint. Cash offers only, property may not qualify for some financing.

Last Listed By

Sam Clemons

HomeSmart License #01391567 Listed on: 10/09/2020

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,827

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot

Parking

  • Driveway

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Breakfast Room
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0603151260

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,827

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: One
  • List Price per Sq Ft: 250.00
  • Lp Sp Ratio: 1.1900
  • View Type: Mountain(s)
  • Year Built: 1953
  • Internal Listing I D: 20201009224757522656000000
  • Listing I D: 219051117
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 2830 Brea Blvd., Fullerton, CA 92835
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 960.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking: Driveway

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Evaporative Cooling
  • Heating: Wall Furnace
  • Sewer: Septic Tank
  • Number Gas Meter: 2

Lot Info

  • Assessor Parcel Number: 0603151260
  • Lot Size: 12861.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2021
Sold by
Vallance Tracy Ann and The Tracy Ann Vallance Revocab
Bought by
Howes Vallance Llc
Total Days on Market
10
Current Estimated Value
$399,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Outstanding Balance
$168,057
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$201,346

Purchase Details

Listed on
Oct 9, 2020
Closed on
Mar 1, 2021
Sold by
Vallance Tracy and Howes Colleen
Bought by
Vallance Tracy and Howes Colleen
Seller's Agent
Sam Clemons
HomeSmart
Buyer's Agent
Beale Dabbs
TNG Real Estate Consultants
List Price
$240,000
Sold Price
$285,000
Premium/Discount to List
$45,000
18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Jul 3, 2019
Sold by
Verdugo William Eddie and The William Eddie Verdugo Livi
Bought by
Gonzalez Joseph and Clemons Samantha

Purchase Details

Closed on
Jan 28, 2016
Sold by
Verdugo William E
Bought by
The William Eddie Verdugo Living Trust

Purchase Details

Closed on
Jun 12, 2008
Sold by
Verdugo Christina A
Bought by
Verdugo William E

Purchase Details

Closed on
Aug 30, 2004
Sold by
Cartwright Kenneth
Bought by
Verdugo William E and Verdugo Christina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
4.01%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 22, 2003
Sold by
Cartwright Kathryn
Bought by
Cartwright Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2003
Sold by
Miller Michael A and Miller Cheryl F
Bought by
Cartwright Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2003
Sold by
Davis John Michael
Bought by
Miller Michael A and Miller Cheryl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.4%

Purchase Details

Closed on
Mar 18, 1997
Sold by
Synagogue Shaarey Zedek and Yeshiva
Bought by
Davis John Michael

Purchase Details

Closed on
Dec 17, 1996
Sold by
Gross Bernard D and Gross Peggy L
Bought by
Shaarey Zedek Congregation

Purchase Details

Closed on
Aug 2, 1994
Sold by
Federal Security Corp
Bought by
Gross Bernard D and Gross Peggy L

Range of Values:

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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
Howes Vallance Llc -- None Available
Vallance Tracy Ann -- None Available
Vallance Tracy -- Chicago Title Company
Vallance Tracy $285,000 Chicago Title
Gonzalez Joseph $115,000 Chicago Title
The William Eddie Verdugo Living Trust -- None Available
Verdugo William E -- None Available
Verdugo William E $89,000 Fidelity National Title Co
Cartwright Kenneth -- Fidelity National Title
Cartwright Kenneth $60,000 Fidelity National Title
Miller Michael A $60,000 First American
Davis John Michael $15,000 First American Title
Shaarey Zedek Congregation -- --
Gross Bernard D $31,092 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vallance Tracy $182,000
Previous Owner Verdugo William E $71,200
Previous Owner Cartwright Kenneth $48,000
Previous Owner Miller Michael A $48,000
Previous Owner Davis John Michael $23,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $285,000 +18.8% $297 / Sq Ft
02/25/2021 02/25/21 For Sale $240,000 0.0% $250 / Sq Ft
02/25/2021 02/25/21 Price Changed $240,000 -15.8% $250 / Sq Ft
02/12/2021 02/12/21 Off Market $285,000 -- --
02/01/2021 02/01/21 For Sale $236,000 -17.2% $246 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/15/2020 10/15/20 Off Market $285,000 -- --
10/09/2020 10/09/20 For Sale $236,000 -- $246 / 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
2024 $3,827 $302,444 $53,060 $249,384
2023 $3,755 $296,514 $52,020 $244,494
2022 $3,682 $290,700 $51,000 $239,700
2021 $1,735 $116,191 $29,300 $86,891
2020 $1,721 $115,000 $29,000 $86,000
2019 $1,119 $58,000 $12,600 $45,400
2018 $919 $54,200 $11,800 $42,400
2017 $880 $50,600 $11,000 $39,600
2016 $881 $50,600 $11,000 $39,600
2015 $857 $50,600 $11,000 $39,600
2014 $840 $63,200 $31,600 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219051117

California Desert Association of REALTORS®

APN: 0603-151-26