NOT LISTED FOR SALE

66700 Joseph Way Desert Hot Springs, CA 92240

Estimated Value: $428,000 - $556,000

6 Beds
4 Baths
2,800 Sq Ft
$175/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $165,000 $59 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $3,097/month

692 Days on Market

About This Home

As of July 2015

Major Reduction New Low Price--_Property has been recently remodeled -Property is in a Federal Flood Zone-requires additional insurance if financed not if sale is all cash--Property is at the end of a Cul-de-sac.please give at least 24 hrs notice for interior viewing -Property Fully Rented---Instant Cash Flow

Last Agent to Sell the Property

Robert Sherman

Properties Of The Desert License #01261436 Listed on: 08/07/2013

Last Buyer's Agent

Robert Sherman

Properties Of The Desert License #01261436

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,403

Year Built

  • Built in 1989

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,800 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, gas
  • Assessor Parcel Number 641301009

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $1,800
  • Net Operating Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,403

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 92500.00
  • Builders Tract Code: NA-340
  • List Price per Sq Ft: 66.07
  • Lp Sp Ratio: 0.8919
  • Year Built: 1989
  • Internal Listing I D: 20190608184557775297000000
  • Listing I D: 21479536
  • Listing Member Address: 78263 Fostoria Lane, Palm Desert, CA 92211
  • Listing Office Address: 78263 Fostoria Lane, Palm Desert, CA 92211
  • Listing Office Fax: (760) 565-1945
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 78263 Fostoria Lane, Palm Desert, CA 92211
  • Selling Office Address: 78263 Fostoria Lane, Palm Desert, CA 92211
  • Selling Office Fax: (760) 565-1945
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Laundry Equipment: Own
  • Estimated Sq Ft: 2800.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Foundation: Slab

Garage/Parking

  • Parking Info Total Garage Spaces: 4.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater Feature: Gas
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 641301009
  • Lot Size: 8712.00

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Gas

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2017
Sold by
Velasquez Jaime Chacon
Bought by
Chacon Denise
Current Estimated Value
$488,654

Purchase Details

Closed on
Oct 11, 2017
Sold by
Castro Evelyn
Bought by
Castro Evelyn and Chacon Denise

Purchase Details

Closed on
Jul 10, 2017
Sold by
Gerold Sean M
Bought by
Castro Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Outstanding Balance
$223,856
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$264,798

Purchase Details

Listed on
Aug 7, 2013
Closed on
May 19, 2015
Sold by
N & N Ventures Llc
Bought by
Gerold Sean M
Seller's Agent
Robert Sherman
Properties Of The Desert
Buyer's Agent
Robert Sherman
Properties Of The Desert
List Price
$190,000
Sold Price
$165,000
Premium/Discount to List
-$25,000
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.08%
Original Mortgage
$162,011
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 5, 2014
Sold by
Steinhardt Gary and Steinhardt Michelle
Bought by
Steinhardt Gary and Steinhardt Michelle

Purchase Details

Closed on
Mar 31, 2010
Sold by
N & N Ventures Llc
Bought by
N & N Ventures Llc and Gms Ventures

Purchase Details

Closed on
Mar 15, 2010
Sold by
The Bank Of New York Mellon
Bought by
N & N Ventures Llc

Purchase Details

Closed on
Dec 2, 2009
Sold by
Rubio Rodolfo Rubio
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Nov 30, 2005
Sold by
Rubio Maria
Bought by
Rubio Rodolfo Rubio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 2005
Sold by
Wilhelm Don C and Wilhelm Nancy K
Bought by
Rubio Rodolfo Rubio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
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
Chacon Denise -- None Available
Castro Evelyn -- Orange Coast Title Company
Castro Evelyn $270,000 Orange Coast Title
Gerold Sean M $165,000 Provident Title
Steinhardt Gary -- None Available
Steinhardt Gary -- None Available
N & N Ventures Llc -- None Available
N & N Ventures Llc $74,500 Landsafe Title
The Bank Of New York Mellon $112,200 Landsafe Title
Rubio Rodolfo Rubio -- First American Title Company
Rubio Rodolfo Rubio $375,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Evelyn $265,109
Previous Owner Gerold Sean M $162,011
Previous Owner Rubio Rodolfo Rubio $75,000
Previous Owner Rubio Rodolfo Rubio $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2015 07/02/15 Sold $165,000 -13.2% $59 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
08/07/2013 08/07/13 For Sale $190,000 -- $68 / 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
2025 $6,403 $307,208 $30,718 $276,490
2023 $6,403 $295,280 $29,526 $265,754
2022 $6,113 $289,492 $28,948 $260,544
2021 $5,881 $283,817 $28,381 $255,436
2020 $4,955 $280,907 $28,090 $252,817
2019 $4,884 $275,400 $27,540 $247,860
2018 $4,772 $270,000 $27,000 $243,000
2017 $3,366 $168,300 $16,830 $151,470
2016 $3,226 $165,000 $16,500 $148,500
2015 $1,587 $80,007 $10,736 $69,271
2014 $1,570 $78,442 $10,527 $67,915
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Robert Sherman

    Properties Of The Desert

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21479536

California Desert Association of REALTORS®

APN: 641-301-009

California Riverside County Desert Hot Springs 92240

66700 Joseph Way, Desert Hot Springs, CA

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 Desert Association of REALTORS® 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. Information is deemed reliable but not guaranteed.

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