NOT LISTED FOR SALE

66605 Joseph Way Desert Hot Springs, CA 92240

Estimated Value: $424,935 - $472,000

4 Beds
3 Baths
1,978 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $351,500 $178 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,862/month

5 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Bike Trail

About This Home

As of March 2021

Well Maintained Duplex. Front house 2 bed 2 bath. Back house 2 bed 1 bath. Best price for a duplex in Desert Hot Springs! Please do not disturb tenants or walk on property.

Last Agent to Sell the Property

Marigrace Campbell

West Shores Realty, Inc. License #02029201 Listed on: 01/29/2021

West Shores Realty, Inc.

Last Buyer's Agent

Wendy Fuentes

Century 21 LOTUS License #02052126

Century 21 LOTUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,324

Year Built

  • Built in 1986

Lot Details

  • 6,970 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • 1,978 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 219
  • Tax Tract Number 14028
  • Assessor Parcel Number 641292003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • Insurance Expense $1,500
  • Trash Expense $480
  • Water Sewer Expense $800
  • New Taxes Expense $3,000
  • Operating Expense $5,780
  • Gross Income $14,000
  • Net Operating Income $14,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,324

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 800.00
  • Property Type: Residential Income
  • Parcel Number: 641292003
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 177.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 14000.00
  • Gross Scheduled Income: 31500.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 14000.00
  • Number Of Units Total: 2
  • Operating Expense: 16328.00
  • Rent Control: Yes
  • Total Expenses: 5780.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Lot: 219
  • Tax Tract Number: 014028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 12, 2021
Sold by
Campbell Thomas H and Campbell Marigrace T
Bought by
Diaz Carlos and Diaz Brisol
Seller's Agent
Marigrace Campbell
West Shores Realty, Inc.
Buyer's Agent
Wendy Fuentes
Century 21 LOTUS
List Price
$299,999
Sold Price
$351,500
Premium/Discount to List
$51,501
17.17%
Current Estimated Value
$446,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,734
Avg. Annual Appreciation
5.31%
Original Mortgage
$257,250
Outstanding Balance
$230,606
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$215,628

Purchase Details

Closed on
Mar 11, 2015
Sold by
Gipson Brian D and Gipson Crystal M
Bought by
Campbell Thomas H and Campbell Marigrace T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,250
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 12, 2013
Closed on
Aug 20, 2013
Sold by
Valencia Angel A and Valencia Carmen
Bought by
Gipson Brian D and Gipson Crystal M
Seller's Agent
Miguel Briones
List Price
$140,000
Sold Price
$145,500
Premium/Discount to List
$5,500
3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$109,125
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2007
Sold by
Valencia Angel A and Valencia Carmen
Bought by
Valencia Angel A and Valencia Carmen
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
Diaz Carlos $351,500 Usa National Title Company
Campbell Thomas H $159,000 Title 365
Gipson Brian D $145,500 Western Resources Title Co
Valencia Angel A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Carlos $257,250
Previous Owner Campbell Thomas H $119,250
Previous Owner Gipson Brian D $109,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2021 03/19/21 Sold $351,500 +17.2% $178 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $299,999 0.0% $152 / Sq Ft
01/29/2021 01/29/21 Price Changed $299,999 +88.7% $152 / Sq Ft
05/19/2015 05/19/15 Sold $159,000 -3.6% $80 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $165,000 +13.4% $83 / Sq Ft
08/27/2013 08/27/13 Sold $145,500 +3.9% $74 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $140,000 -- $71 / 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 $6,324 $380,472 $57,367 $323,105
2023 $6,324 $365,700 $55,141 $310,559
2022 $6,809 $358,530 $54,060 $304,470
2021 $3,619 $176,536 $26,477 $150,059
2020 $3,511 $174,727 $26,206 $148,521
2019 $3,464 $171,302 $25,693 $145,609
2018 $3,378 $167,944 $25,190 $142,754
2017 $3,323 $164,652 $24,697 $139,955
2016 $3,184 $161,424 $24,213 $137,211
2015 $2,331 $148,405 $22,260 $126,145
2014 $2,307 $145,500 $21,825 $123,675
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Marigrace Campbell

    West Shores Realty, Inc.

    (310) 948-0993

    1 in this area

    4 Total Sales

    Marigrace Campbell
    Section Image
  • Wendy Fuentes

    Buyer's Agent in 2021

    Wendy Fuentes

    Century 21 LOTUS

    (562) 869-0800

    1 in this area

    41 Total Sales

    Wendy Fuentes
    Section Image

  • L

    Seller's Agent in 2015

    Liane Thomas

    Alta Realty Group

    (951) 454-3805

    123 Total Sales

    Liane Thomas
    Section Image
  • Lisa Forss

    Seller Co-Listing Agent in 2015

    Lisa Forss

    Team Forss Realty Group

    (951) 302-1492

    36 Total Sales

    Lisa Forss
    Section Image
  • Steve Schloeder

    Buyer's Agent in 2015

    Steve Schloeder

    Bonanza Realty

    (310) 308-3248

    36 Total Sales

    Steve Schloeder
    Section Image

  • M

    Seller's Agent in 2013

    Miguel Briones

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21009355

California Regional Multiple Listing Service (CRMLS)

APN: 641-292-003

California Riverside County Desert Hot Springs 92240

66605 Joseph Way, Desert Hot Springs, CA

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