NOT LISTED FOR SALE

66290 Desert View Ave Desert Hot Springs, CA 92240

Estimated Value: $304,000 - $416,000

4 Beds
2 Baths
1,400 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $365,000 $261 Per Sq Ft

Current estimated payment $2,418/month

6 Days on Market

Highlights

  • Covered Patio or Porch
  • Bungalow
  • Tile Flooring
  • Bathtub with Shower
  • Laundry closet
  • Evaporated cooling system

About This Home

As of March 2022

This well priced two unit investment property is fully occupied by long term tenants. Both units have two bedrooms and one bath. Both baths have been updated in recent years. One of the kitchens has been nicely updated as well. The property provides a shared coin operated washer and dryer, covered patio and off street parking. Each unit is separately metered for electric and gas.

Last Agent to Sell the Property

Michael Larson

Desert Lifestyle Properties License #01416326 Listed on: 02/15/2022

Desert Lifestyle Properties

Co-Listed By

Randall Wiemer

Desert Lifestyle Properties License #01704307

Last Buyer's Agent

Mariam Rodriguez Rivera

License #02035930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,630

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Front Yard Sprinklers

Home Design

  • Bungalow
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Evaporated cooling system
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 641-052-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,630

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: This well priced two unit investment property is fully occupied by long term tenants. Both units have two bedrooms and one bath. Both baths have been updated in recent years. One of the kitchens has been nicely updated as well. The property provides a shared coin operated washer and dryer, covered patio and off street parking. Each unit is separately metered for electric and gas. Listed by Michael Larson and Randy Wiemer, Better Homes and Gardens Real Estate. 760-641-3664
  • Entry Location: Ground Level - no steps
  • Living Area: 1400
  • Lot Acreage: 0.1500
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1959
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Laundry: In Closet, Community
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 260.71

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Covered
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Parking Space, Uncovered
  • Total Parking: 5

Utilities

  • Water District: Mission Springs
  • Cooling: Evaporative
  • Heating: Wall, Wall Gas
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Sewer: In Connected and Paid
  • Water: District
  • Water Expense: 900.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 822.00
  • Maintenance Expense: 1000.00
  • Trash Expense: 696.00

Lot Info

  • Sprinklers: Front
  • Assessed Improvement Percent: 85.00
  • Assessed Improvement Value: 123302
  • Assessed Land Percent: 15
  • Assessed Land Value: 21759
  • Total Assessed Value: 145061
  • Assessor Parcel Number: 641-052-045
  • Lot Size Area: 6534

Rental Info

  • Number Leased: 2
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.41
  • Number Of Units: 2
  • Total Annual Expense: 6282
  • Type Of Units: 2 Bed/1 Bath
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 2864.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 11, 2022
Sold by
Shabtai Julian
Bought by
Setton Chanel
Seller's Agent
Michael Larson
Desert Lifestyle Properties
Buyer's Agent
Mariam Rodriguez Rivera
List Price
$365,000
Sold Price
$365,000
Current Estimated Value
$366,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,120
Avg. Annual Appreciation
0.09%
Original Mortgage
$266,450
Outstanding Balance
$248,950
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$117,170

Purchase Details

Closed on
Apr 27, 2020
Sold by
Compasso Jeffrey A and Robbins Thomas J
Bought by
Compasso Jeffrey A and Robbins Thomas J

Purchase Details

Closed on
Jan 13, 2020
Sold by
Compasso Jeffrey A and Robbins Thomas J
Bought by
Compasso Jeffrey A and Robbins Thomas J

Purchase Details

Closed on
Jun 19, 2018
Sold by
Compasso Jeffrey
Bought by
Compasso Jeffrey A and Robbins Thomas J

Purchase Details

Listed on
May 3, 2017
Closed on
Oct 13, 2017
Sold by
Robbins Thomas
Bought by
Compasso Jeffrey
Seller's Agent
Meda Thompson
Platinum Star Properties
Buyer's Agent
Michael Cogley
KW Advisors
List Price
$144,000
Sold Price
$138,000
Premium/Discount to List
-$6,000
-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
13.02%
Original Mortgage
$103,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2017
Closed on
Oct 4, 2017
Sold by
Azizi Bahram and Azizi Jilla
Bought by
Compasso Jeffrey
Seller's Agent
Meda Thompson
Platinum Star Properties
Buyer's Agent
Michael Cogley
KW Advisors
List Price
$144,000
Sold Price
$138,000
Premium/Discount to List
-$6,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Azizi David and Azizi Edmond M

Purchase Details

Closed on
Jul 1, 2008
Sold by
Villa Norma L and Sanchez Irma
Bought by
Deutsche Bank National Trust Co and Morgan Stanley Abs Capital I Inc Trust 2

Purchase Details

Closed on
Feb 9, 2005
Sold by
Valenzuela Gabriel
Bought by
Villa Laura L and Sanchez Irma

Purchase Details

Closed on
Dec 3, 2004
Sold by
Dtm Solutions Llc
Bought by
Villa Norma Laura and Valenzuela Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Duong Tenor
Bought by
Dtm Solutions Llc

Purchase Details

Closed on
Dec 27, 2003
Sold by
Stacey Robert G and Stacey Dena M
Bought by
Duong Tenor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Villa Norma L and Sanchez Irma
Bought by
Villa Norma L and Sanchez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
8.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Orozco Jose Angel and Orozco Francisca
Bought by
Stacey Robert G and Stacey Bena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
5.88%

Purchase Details

Closed on
Mar 27, 1997
Sold by
Graves James L and Graves Family T
Bought by
Orozco Jose Angel and Orozco Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,800
Interest Rate
7.96%

Purchase Details

Closed on
Sep 25, 1996
Sold by
Villalobos Herlinda A
Bought by
Villalobos Herlinda A and Herlinda A Villalobos Trust
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
Setton Chanel -- First American Title
Compasso Jeffrey A -- None Available
Compasso Jeffrey A -- None Available
Compasso Jeffrey A -- None Available
Compasso Jeffrey -- Chicago Title Company
Compasso Jeffrey $138,000 Chicago Title Company
Azizi Edmond M -- Chicago Title Company
Azizi David -- Chicago Title Company
Azizi David $41,500 Landsafe Title Of Ca Inc
Deutsche Bank National Trust Co $89,000 Landsafe Title
Villa Laura L -- --
Villa Norma Laura $215,000 Fidelity National Title
Dtm Solutions Llc -- --
Duong Tenor $152,500 Fidelity National Title Co
Villa Norma L -- Fidelity National Financial
Stacey Robert G $97,000 Chicago Title Co
Orozco Jose Angel $38,500 First American Title Ins Co
Villalobos Herlinda A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Setton Chanel $266,450
Previous Owner Compasso Jeffrey $103,500
Previous Owner Villa Norma Laura $172,000
Previous Owner Duong Tenor $121,600
Previous Owner Villa Norma L $206,400
Previous Owner Stacey Robert G $77,600
Previous Owner Orozco Jose Angel $30,800
Closed Stacey Robert G $19,400
Closed Duong Tenor $22,800
Closed Villa Norma Laura $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $365,000 0.0% $261 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $365,000 +164.5% $261 / Sq Ft
10/17/2017 10/17/17 Sold $138,000 -4.2% $99 / Sq Ft View Prior Sale
09/03/2017 09/03/17 For Sale $144,000 +4.3% $103 / Sq Ft
08/31/2017 08/31/17 Off Market $138,000 -- --
05/03/2017 05/03/17 For Sale $144,000 -- $103 / Sq Ft
Source: The MLS

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 $5,630 $387,340 $42,448 $344,892
2023 $5,630 $372,300 $40,800 $331,500
2022 $2,917 $147,962 $22,194 $125,768
2021 $2,874 $145,061 $21,759 $123,302
2020 $2,784 $143,574 $21,536 $122,038
2019 $2,743 $140,760 $21,114 $119,646
2018 $2,665 $138,000 $20,700 $117,300
2017 $2,282 $46,031 $11,503 $34,528
2016 $2,184 $45,129 $11,278 $33,851
2015 $1,401 $44,453 $11,109 $33,344
2014 $1,372 $43,585 $10,893 $32,692
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Larson

    Desert Lifestyle Properties

    Section Image
  • Randall Wiemer

    Seller Co-Listing Agent in 2022

    Randall Wiemer

    Desert Lifestyle Properties

    (760) 333-7747

    3 in this area

    53 Total Sales

    Randall Wiemer
    Section Image

  • M

    Buyer's Agent in 2022

    Mariam Rodriguez Rivera

  • M

    Seller's Agent in 2017

    Meda Thompson

    Platinum Star Properties

    Section Image

  • R

    Seller Co-Listing Agent in 2017

    Reggie Bickford

    Desert Lifestyle Properties

    Section Image

  • M

    Buyer's Agent in 2017

    Michael Cogley

    KW Advisors

    Section Image
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Map

Source: The MLS

MLS Number: 22-127641

The MLS

APN: 641-052-045

California Riverside County Desert Hot Springs 92240

66290 Desert View Ave, Desert Hot Springs, CA

This home is located at 66290 Desert View Ave, Desert Hot Springs, CA 92240 since 15 February 2022 and is currently estimated at $366,120, approximately $261 per square foot. This property was built in 1959. 66290 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.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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