NOT LISTED FOR SALE

66740 Two Bunch Palms Trail Desert Hot Springs, CA 92240

Estimated Value: $583,000 - $679,000

5 Beds
3 Baths
2,628 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $583,000 $222 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,891/month

7 Days on Market

Highlights

  • Hiking Trails
  • Central Heating
  • 1-Story Property
  • Laundry Room

About This Home

As of November 2023

Discover this amazing investment opportunity in Desert Hot Springs.Turn key duplex shows pride of ownership in a desirable location which offers two units, including one three bedroom and one two bedroom. No current tenants in place making it an ideal income generating asset for savvy investors.
For owner occupied buyers, live in one and rent the other!

New roof, copper plumbing, custom solid oak kitchen cabinets with quartz countertops. Spacious attic for additional storage.

Last Agent to Sell the Property

John Ashou

Seven Palms Real Estate Services License #01109799 Listed on: 10/23/2023

Last Buyer's Agent

Jonas Joherg

Coldwell Banker Realty License #01752922

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,161

Year Built

  • Built in 1990

Lot Details

  • 9,148 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 5 Bedrooms
  • 2,628 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 163
  • Tax Tract Number 163
  • Assessor Parcel Number 641304011
  • $1,677 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,161

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: HOT SPRINGS OASIS UNIT #3
  • Zoning: R2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 641304011
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 221.84

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 445.10
  • Tax Lot: 163
  • Tax Tract Number: 163
  • TaxOtherAnnualAssessmentAmount: 1677.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Sarmiento Samuel Carbajal
Bought by
Desert Inmobiliary Corporation
Current Estimated Value
$613,397

Purchase Details

Listed on
Oct 23, 2023
Closed on
Nov 16, 2023
Sold by
Quintero Hector Zambada
Bought by
Sarmiento Samuel Carbajal
Seller's Agent
John Ashou
Seven Palms Real Estate Services
Buyer's Agent
Jonas Joherg
Coldwell Banker Realty
List Price
$580,000
Sold Price
$583,000
Premium/Discount to List
$3,000
0.52%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Mar 9, 2023
Sold by
Zambada Edgar
Bought by
Zambada Quintero Hector

Purchase Details

Closed on
May 19, 2021
Sold by
Quintero Hector Zambada
Bought by
Zambada Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 17, 2015
Sold by
Orbegoso Ricardo and Raygada Maria
Bought by
Quintero Hector Zambada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,051
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 25, 2014
Closed on
Sep 19, 2014
Sold by
Wells Fargo Bank National Association
Bought by
Orbegoso Ricardo and Raygada Maria
Seller's Agent
Eric Bennett
R Lovett Enterprises
Buyer's Agent
Fredy Rodriguez
Fathom Realty Group Inc.
List Price
$153,600
Sold Price
$140,700
Premium/Discount to List
-$12,900
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%

Purchase Details

Closed on
Jul 15, 2014
Sold by
Vasquez Martin and Vasquez Leonor V
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
May 4, 2004
Sold by
Zavala Alberto and Zavala Maria
Bought by
Vasquez Martin and Vasquez Leonor

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
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2003
Sold by
Doran Larry and Doran Lynn
Bought by
Zavala Alberto and Zavala Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,421
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 1999
Sold by
Doran William E and Doran Verna H
Bought by
Doran William E and Doran Verna H
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
Desert Inmobiliary Corporation -- None Listed On Document
Sarmiento Samuel Carbajal $583,000 Ticor Title
Zambada Quintero Hector -- None Listed On Document
Zambada Edgar $380,000 Wfg National Title Co Of Ca
Quintero Hector Zambada $218,000 First American Title Company
Orbegoso Ricardo $141,000 First American Title Company
Wells Fargo Bank National Association $181,087 None Available
Vasquez Martin $225,000 Investors Title Company
Zavala Alberto $186,500 Fidelity National Title
Doran William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zambada Edgar $373,117
Previous Owner Quintero Hector Zambada $214,051
Previous Owner Vasquez Martin $180,000
Previous Owner Zavala Alberto $183,421
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2023 11/22/23 Sold $583,000 -2.7% $222 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $599,000 +3.3% $228 / Sq Ft
10/23/2023 10/23/23 For Sale $580,000 +166.1% $221 / Sq Ft
07/16/2015 07/16/15 Sold $218,000 -3.1% $83 / Sq Ft View Prior Sale
07/13/2015 07/13/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $225,000 +59.9% $86 / Sq Ft
09/26/2014 09/26/14 Sold $140,700 -8.4% $54 / Sq Ft View Prior Sale
09/26/2014 09/26/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $153,600 -- $58 / 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 $8,161 $594,660 $148,920 $445,740
2023 $8,161 $395,352 $83,232 $312,120
2022 $6,682 $387,600 $81,600 $306,000
2021 $4,132 $238,412 $21,872 $216,540
2020 $3,984 $235,968 $21,648 $214,320
2019 $3,923 $231,342 $21,224 $210,118
2018 $3,822 $226,807 $20,808 $205,999
2017 $3,719 $222,360 $20,400 $201,960
2016 $3,557 $218,000 $20,000 $198,000
2015 $1,914 $141,000 $14,100 $126,900
2014 -- $156,000 $15,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23197108

California Regional Multiple Listing Service (CRMLS)

APN: 641-304-011