NOT LISTED FOR SALE

Estimated Value: $287,000 - $311,000

2 Beds
2 Baths
1,536 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $290,000 $189 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,000/month

9 Days on Market

Highlights

  • Desert View
  • Ground Level Unit
  • Attached Carport
  • Fireplace in Bathroom
  • Bungalow
  • Fenced

About This Home

As of October 2023

Great income property for first time investor, each unit consist of 2 bedroom 1 bath approx 780 sq ft living space. Located around the corner to downtown DHS and easy access to Central Palm Springs. One unit was remodeled 2 years ago. Both tenants are stable tenants. There's a lot of demand for rental units since it is close to downtown shopping, freeways an community amenities. Additional features are 2 parking spaces each separated by a blocked wall. Very low annual expenses, well maintained.

Last Agent to Sell the Property

Dorothy Yan

Dorothy Yan License #01234189 Listed on: 08/20/2023

Last Buyer's Agent

Phisdaphanh Rangsis

Elite Star Realty License #01361826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,539

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced

Parking

  • Attached Carport

Home Design

  • Bungalow

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Blinds
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Desert Views

Kitchen

  • Gas and Electric Range
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units
  • Owner Manage Association

Listing and Financial Details

  • Assessor Parcel Number 639-251-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,539

Year Built

Built in 1946 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: Not in a Development
  • Living Area: 1536
  • Lot Acreage: 0.1500
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1946
  • Builders Tract Name: Not in a Development
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Dining, Gas, Kitchen, Living Room, Bath
  • Flooring: Carpet, Laminate
  • Appliances: Gas/Electric Range
  • Bedrooms: 2
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Attached
  • Bathroom Features: Shower Stall
  • Kitchen Features: Counter Top
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 195.31
  • Windows: Window Blinds

Exterior Features

  • Other Structures: None
  • View: Desert
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Water: Meter on Property
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Owner Manage

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 80.85
  • Assessed Improvement Value: 193800
  • Assessed Land Percent: 19.15
  • Assessed Land Value: 45900
  • Total Assessed Value: 239700
  • Assessor Parcel Number: 639-251-007
  • Lot Description: Fenced
  • Lot Size Area: 6534

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 2.00
  • Number Of Units: 2
  • Total Annual Expense: 350
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2024
Sold by
Marquez Jonathan Ramirez
Bought by
Dhs Second Street Llc
Current Estimated Value
$297,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,200
Outstanding Balance
$246,678
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$42,154

Purchase Details

Listed on
Aug 20, 2023
Closed on
Sep 1, 2023
Sold by
Roschek Margaret G
Bought by
Marquez Jonathan Ramirez
Seller's Agent
Dorothy Yan
Dorothy Yan
Buyer's Agent
Phisdaphanh Rangsis
Elite Star Realty
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.21%
Original Mortgage
$217,500
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 6, 2020
Closed on
Sep 10, 2020
Sold by
Dhir Surjeet and Surjeet Dhir Family Trust
Bought by
Roschek Margaret G
Seller's Agent
Daniel Gibbons
First Western Properties
Buyer's Agent
Daniel Gibbons
First Western Properties
List Price
$239,000
Sold Price
$235,000
Premium/Discount to List
-$4,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$176,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2017
Sold by
Dhir Surjeet K
Bought by
Dhir Surjeet and Surjeet Dhir Family Trust

Purchase Details

Closed on
Sep 20, 2004
Sold by
Dhir Surjet K
Bought by
Dhir Surjeet K and Surjeet K Dhir Trust

Purchase Details

Closed on
Dec 19, 2001
Sold by
Gulri Jaswinder
Bought by
Djir Surjeet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2000
Sold by
Kert Mortimer J and Kert Sarah Rebecca
Bought by
Ivanov Stefan D

Purchase Details

Closed on
Oct 5, 1995
Sold by
Tintary Josephine M
Bought by
Ivanov Stefan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,500
Interest Rate
7.62%
Mortgage Type
Seller Take Back
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
Dhs Second Street Llc -- Fidelity National Title
Marquez Jonathan Ramirez $290,000 Western Resources Title
Roschek Margaret G $235,000 Chicago Title Company
Dhir Surjeet -- None Available
Dhir Surjeet K -- --
Djir Surjeet K -- Fidelity National Title
Dhir Surjeet K $72,000 Fidelity National Title
Ivanov Stefan D $7,000 Stewart Title Company
Ivanov Stefan D $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhs Second Street Llc $249,200
Previous Owner Marquez Jonathan Ramirez $217,500
Previous Owner Roschek Margaret G $176,250
Previous Owner Dhir Surjeet K $20,000
Previous Owner Dhir Surjeet K $66,873
Previous Owner Dhir Surjeet K $67,500
Previous Owner Ivanov Stefan D $20,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $290,000 -3.3% $189 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/20/2023 08/20/23 For Sale $300,000 +27.7% $195 / Sq Ft
10/15/2020 10/15/20 Sold $235,000 -1.7% $306 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $239,000 0.0% $311 / Sq Ft
05/01/2013 05/01/13 Rented $700 0.0% --
05/01/2013 05/01/13 Under Contract -- -- --
01/31/2013 01/31/13 For Rent $700 -- --
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 $4,539 $290,000 $75,000 $215,000
2023 $4,539 $244,494 $46,818 $197,676
2022 $4,102 $239,700 $45,900 $193,800
2021 $4,034 $235,000 $45,000 $190,000
2020 $2,325 $106,689 $10,660 $96,029
2019 $2,293 $104,598 $10,451 $94,147
2018 $2,224 $102,548 $10,247 $92,301
2017 $2,180 $100,539 $10,047 $90,492
2016 $2,064 $98,568 $9,850 $88,718
2015 $1,368 $97,090 $9,703 $87,387
2014 $1,349 $95,190 $9,514 $85,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-302781

The MLS

APN: 639-251-007