NOT LISTED FOR SALE

66164 Desert View Ave Desert Hot Springs, CA 92240

Estimated Value: $421,000 - $621,000

5 Beds
4 Baths
2,000 Sq Ft
$240/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $264,300 $132 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,335/month

70 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

As of July 2019

Great investment property in Desert Hot Springs. Four detached cottage style units with great paying tenants. Front unit is 3 bedroom one bath, 2, 1 bedroom 1 bath units and one studio unit. The property has recent upgrades including exterior paint, electrical, plumbing, water heaters, some flooring and some windows. There is plenty of parking. 2 units have fenced yards. Please do not disturb occupants. Plenty of upside potential in rents. Tenants pay gas and electricity. Owner pays water and trash.

Last Agent to Sell the Property

Brianne Sawyer

Partners Real Estate Group License #01938520 Listed on: 03/05/2019

Co-Listed By

Trevor Kaak

Partners Real Estate Group License #01962170

Last Buyer's Agent

Brianne Sawyer

Partners Real Estate Group License #01938520 Listed on: 03/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,380

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Electric Oven

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Cooling Available
  • Heating Available
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 41
  • Tax Tract Number 3
  • Assessor Parcel Number 641032032

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $100
  • Operating Expense $400
  • Gross Income $2,400
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,380

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: R2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 641032032
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 132.15
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Electric Oven
  • Sewer: Sewer Paid
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 13000.00
  • Lot Size Acres: 0.2984

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 560 Square Feet
  • Average3 Bed Area: 900 Square Feet
  • Average Studio Area: 300 Square Feet
  • Gross Income: 2400.00
  • Gross Scheduled Income: 2400.00
  • Insurance Expense: 100.00
  • Lot Size Area: 13000.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 400.00
  • Rent Control: No
  • Total Actual Rent: 2400.00
  • Total Expenses: 400.00

Tax Info

  • New Taxes Expense: 100.00
  • Tax Census Tract: 445.07
  • Tax Lot: 41
  • Tax Tract Number: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Macias Santos
Bought by
Escobar Mark
Current Estimated Value
$479,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$303,961
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$175,612

Purchase Details

Listed on
Mar 5, 2019
Closed on
Jun 26, 2019
Sold by
Macias Taurina
Bought by
Macias Santos
Seller's Agent
Brianne Sawyer
Partners Real Estate Group
Buyer's Agent
Brianne Sawyer
Partners Real Estate Group
List Price
$274,000
Sold Price
$264,300
Premium/Discount to List
-$9,700
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%
Original Mortgage
$180,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 5, 2019
Closed on
May 20, 2019
Sold by
Kaak David and Kaak Sharon
Bought by
Escobar Mark and Macias Santos
Seller's Agent
Brianne Sawyer
Partners Real Estate Group
Buyer's Agent
Brianne Sawyer
Partners Real Estate Group
List Price
$274,000
Sold Price
$264,300
Premium/Discount to List
-$9,700
-3.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 16, 2017
Closed on
Mar 1, 2018
Sold by
Allied Alliance Ii Llc
Bought by
Kaak David and Kaak Sharon
Seller's Agent
Joe Kimaz
The Madison Real Estate Group, Inc.
List Price
$165,000
Sold Price
$166,000
Premium/Discount to List
$1,000
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.81%

Purchase Details

Closed on
Jan 28, 2015
Sold by
Hansen Family Trust
Bought by
Allied Alliance Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.76%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 25, 2012
Sold by
Hansen Kirk
Bought by
Hansen Family Trust
Seller's Agent
Dani Schlarmann
Buyer's Agent
Cheryl Baugh
Real Estate eBroker
List Price
$63,250
Sold Price
$62,750
Premium/Discount to List
-$500
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 17, 2012
Sold by
Federal National Mortgage Association
Bought by
Hansen Kirk
Seller's Agent
Dani Schlarmann
Buyer's Agent
Cheryl Baugh
Real Estate eBroker
List Price
$63,250
Sold Price
$62,750
Premium/Discount to List
-$500
-0.79%

Purchase Details

Closed on
Jul 17, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 15, 2012
Sold by
James Jeffrey A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 9, 2001
Sold by
Lander Jeffrey J
Bought by
James Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,100
Interest Rate
6.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2000
Sold by
Olsen Rhonda L
Bought by
Lander Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 1993
Sold by
Brandt David R
Bought by
Olsen Rhonda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
7.16%
Mortgage Type
Seller Take Back
Source: Public Records

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
Escobar Mark $4,500 Accommodation
Macias Santos -- First American Title
Escobar Mark $264,500 First American Title Company
Kaak David $166,000 Wfg National Title Company O
Allied Alliance Ii Llc -- None Available
Hansen Family Trust -- Accommodation
Hansen Kirk $63,000 Lawyers Title Company
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $114,900 None Available
James Jeffrey A $99,000 First American Title Co
Lander Jeffrey J $70,000 Benefit Land Title
Olsen Rhonda L $80,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Mark $335,000
Previous Owner Macias Santos $180,000
Previous Owner Allied Alliance Ii Llc $512,000
Previous Owner James Jeffrey A $89,100
Previous Owner Lander Jeffrey J $56,000
Previous Owner Olsen Rhonda L $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2019 07/09/19 Sold $264,300 0.0% $132 / Sq Ft
03/29/2019 03/29/19 Off Market $264,300 -- --
03/05/2019 03/05/19 For Sale $274,000 0.0% $137 / Sq Ft
05/09/2018 05/09/18 Rented $650 0.0% --
04/17/2018 04/17/18 Under Contract -- -- --
04/04/2018 04/04/18 For Rent $650 0.0% --
03/28/2018 03/28/18 Sold $166,000 +0.6% -- View Prior Sale
02/23/2018 02/23/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $165,000 +162.9% --
09/18/2012 09/18/12 Sold $62,750 -0.8% $23 / Sq Ft View Prior Sale
08/30/2012 08/30/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $63,250 -- $23 / 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 $9,380 $413,904 $114,870 $299,034
2023 $9,380 $397,833 $110,410 $287,423
2022 $6,975 $390,034 $108,246 $281,788
2021 $5,373 $266,734 $148,522 $118,212
2020 $5,208 $264,000 $147,000 $117,000
2019 $4,022 $169,320 $56,100 $113,220
2018 $4,360 $141,537 $52,812 $88,725
2017 $6,945 $138,763 $51,777 $86,986
2016 $3,883 $136,043 $50,762 $85,281
2015 $2,398 $64,291 $35,860 $28,431
2014 -- $63,033 $35,158 $27,875
Source: Public Records

Agents Affiliated with this Home

  • Brianne Sawyer

    Seller's Agent in 2019

    Brianne Sawyer

    Partners Real Estate Group

    (714) 528-2999

    45 Total Sales

    Brianne Sawyer
    Section Image

  • T

    Seller Co-Listing Agent in 2019

    Trevor Kaak

    Partners Real Estate Group

  • J

    Seller's Agent in 2018

    Joe Kimaz

    The Madison Real Estate Group, Inc.

  • D

    Seller's Agent in 2012

    Dani Schlarmann

  • C

    Buyer's Agent in 2012

    Cheryl Baugh

    Real Estate eBroker

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19049288

California Regional Multiple Listing Service (CRMLS)

APN: 641-032-032

California Riverside County Desert Hot Springs 92240

66164 Desert View Ave, Desert Hot Springs, CA

This home is located at 66164 Desert View Ave, Desert Hot Springs, CA 92240 since 05 March 2019 and is currently estimated at $479,573, approximately $239 per square foot. This property was built in 1950. 66164 Desert View Ave is a home located in Riverside County with nearby schools including Two Bunch Palms Elementary School, Painted Hills Middle School, and Desert Hot Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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