NOT LISTED FOR SALE

Estimated Value: $296,000 - $407,000

4 Beds
2 Baths
1,612 Sq Ft
$221/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $145,000 $90 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,168/month

85 Days on Market

Highlights

  • Views
  • Forced Air Heating System
  • Evaporated cooling system

About This Home

As of April 2018

Well maintained income property with long term tenants. Two Units, two bedroom one bath each unit. Per the seller, great rental history, Lower Unit #A, has new carpet and new flooring, including new blinds and paint. Washer and dryer hook ups in both units. Live in one unit rent the other. Located in serene and beautiful Joshua Tree, one of California's desert treasures. Near shopping and easy access to Hwy. 62. Call today for details and further information.

Last Listed By

Sam Clemons

HomeSmart License #01391567 Listed on: 01/08/2018

HomeSmart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1982

Lot Details

  • 9,000 Sq Ft Lot

Home Design

  • Siding

Interior Spaces

  • 1,612 Sq Ft Home
  • 2-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 060326206

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,264

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Price Per Unit: 73750.00
  • Builders Tract Code: NADC610
  • List Price per Sq Ft: 91.50
  • Lp Sp Ratio: 0.9831
  • Year Built: 1982
  • Internal Listing I D: 20190608184803316277000000
  • Listing I D: 218001020
  • 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: 24186 LAKE DRIVE STE D, CRESTLINE, CA 92325-2796
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1612.00

Exterior Features

  • Construction: Siding
  • View: Yes

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 2
  • Cooling Type: Evaporative Cooling
  • Heating: Forced Air
  • Sewer: Unknown

Lot Info

  • Assessor Parcel Number: 060326206
  • Lot Size: 9000.00

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

Listed on
Jan 8, 2018
Closed on
Feb 16, 2018
Sold by
Verdugo William Eddie
Bought by
Pardo Fernando and Pardo Margarita
Seller's Agent
Sam Clemons
HomeSmart
Buyer's Agent
Unknown Member
List Price
$147,500
Sold Price
$145,000
Premium/Discount to List
-$2,500
-1.69%
Total Days on Market
85
Current Estimated Value
$357,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,000
Avg. Annual Appreciation
11.54%
Original Mortgage
$108,750
Interest Rate
4.4%
Mortgage Type
New Conventional

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
Jul 11, 2005
Sold by
Issel Richard and Issel Fumiko
Bought by
Verdugo William Eddie and Verdugo Christina

Purchase Details

Closed on
Sep 4, 2004
Sold by
Issel Richard and Issel Fumiko
Bought by
Verdugo William Eddie and Verdugo Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
4.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 10, 2002
Sold by
Boyd John T and Boyd Martha L
Bought by
Issel Richard and Issel Fumiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
6.6%

Purchase Details

Closed on
Mar 15, 1996
Sold by
Vandergrinten Wolfgang H and Vandergrinten Margot
Bought by
Boyd John T and Boyd Martha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,250
Interest Rate
7.41%
Mortgage Type
Seller Take Back

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
Pardo Fernando $145,000 Fidelity National Title Comp
The William Eddie Verdugo Living Trust -- None Available
Verdugo William E -- None Available
Verdugo William Eddie $135,000 First American
Issel Richard $45,000 Fidelity National Title Ins
Boyd John T $55,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pardo Fernando $104,000
Closed Pardo Fernando $104,000
Previous Owner Pardo Fernando $108,750
Previous Owner Verdugo William Eddie $108,000
Previous Owner Verdugo William Eddie $108,000
Previous Owner Issel Richard $40,500
Previous Owner Boyd John T $35,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $145,000 -1.7% $90 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $147,500 -- $92 / 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 $2,264 $161,752 $39,044 $122,708
2023 $2,223 $158,580 $38,278 $120,302
2022 $2,181 $155,470 $37,527 $117,943
2021 $2,158 $152,421 $36,791 $115,630
2020 $2,141 $150,858 $36,414 $114,444
2019 $2,245 $147,900 $35,700 $112,200
2018 $1,740 $117,700 $42,400 $75,300
2017 $1,655 $110,000 $39,600 $70,400
2016 $1,658 $110,000 $39,600 $70,400
2015 $1,628 $110,000 $39,600 $70,400
2014 $1,561 $110,500 $42,100 $68,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218001020

California Desert Association of REALTORS®

APN: 0603-262-06