NOT LISTED FOR SALE

66829 Ironwood Dr Desert Hot Springs, CA 92240

Estimated Value: $559,000 - $616,000

6 Beds
4 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold July 01, 2022

Last sale price $575,000

Est. 3% increase in value since last sale

Current estimated payment $3,901/month

24 Days on Market

Highlights

  • Mountain View
  • Corner Lot
  • 1-Story Property

About This Home

As of July 2022

Pueblo / Spanish Duplex located on a corner lot in the heart of the Hot Springs Oasis! Unit A and Unit B both feature 3 bedrooms, 2 bathrooms, Central Air and Heat, Master Bedroom with walk-in closet and en-suite bathroom, 2-Car Garage (Direct Entry - Unit B only), and private yard with patio! Granite counter tops in the Kitchen and bath with tile floors in the living room, kitchen and bathrooms with carpet in the bedrooms. Recessed lighting, ceiling fans in every room and an open kitchen / living room / dining area concept. Both units are Tenant Occupied on a month to month basis. Calling all investors and also buyers that are interested in occupying one of the units as your primary residence and use the rental income to help pay your mortgage! Hurry, this one will sell quick! Pueblo / Spanish Duplex located on a corner lot in the heart of the Hot Springs Oasis! Unit A and Unit B both feature 3 bedrooms, 3 bathrooms, Central Air and Heat, Master Bedroom with walk-in closet and en-suite bathroom, 2-Car Garage, and private yard with patio! Granite counter tops in the Kitchen and bath with tile floors in the living room, kitchen and bathrooms with carpet in the bedrooms. Recessed lighting, ceiling fans in every room and an open kitchen / living room / dining area concept. Both units are Tenant Occupied on a month to month basis. Calling all investors and also buyers that are interested in occupying one of the units as your primary residence and use the rental income to help pay your mortgage! Hurry, this one will sell quick! See DOCUMENTS for HOME INSPECTION REPORT, TENANT ESTOPPEL CERTIFICATES and UTILITY BILLS. UNIT A - Appliances owned by landlord include Refrigerator, Range/Oven, Dishwasher, Microwave and Washer. Dryer is owned by tenants. UNIT B - Appliances owned by landlord include Refrigerator, Range/Oven, Dishwasher, Microwave. Washer/ Dryer owned by tenant. Tenant in UNIT B replaced ceiling fans in the living room and master bedroom and stored the owner's ceiling fans in the garage per tenant.

Last Agent to Sell the Property

Matt Roth

MATT ROTH License #01153470 Listed on: 05/12/2022

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,142

Year Built

  • 2005

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 641-311-001

Community Details

Overview

  • 2 Units
  • Duplex (Unit A And Unit B) Community

Building Details

  • Net Operating Income $25,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,142

Year Built

2005

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Cross Street: Palm drive
  • Neighborhood: Desert Hot Springs
  • Supplement: Pueblo / Spanish Duplex located on a corner lot in the heart of the Hot Springs Oasis! Unit A and Unit B both feature 3 bedrooms, 3 bathrooms, Central Air and Heat, Master Bedroom with walk-in closet and en-suite bathroom, 2-Car Garage, and private yard with patio! Granite counter tops in the Kitchen and bath with tile floors in the living room, kitchen and bathrooms with carpet in the bedrooms. Recessed lighting, ceiling fans in every room and an open kitchen / living room / dining area concept. Both units are Tenant Occupied on a month to month basis. Calling all investors and also buyers that are interested in occupying one of the units as your primary residence and use the rental income to help pay your mortgage! Hurry, this one will sell quick! See DOCUMENTS for HOME INSPECTION REPORT, TENANT ESTOPPEL CERTIFICATES and UTILITY BILLS. UNIT A - Appliances owned by landlord include Refrigerator, Range/Oven, Dishwasher, Microwave and Washer. Dryer is owned by tenants. UNIT B - Appliances owned by landlord include Refrigerator, Range/Oven, Dishwasher, Microwave. Washer/ Dryer owned by tenant. Tenant in UNIT B replaced ceiling fans in the living room and master bedroom and stored the owner's ceiling fans in the garage per tenant.
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2005

Exterior Features

  • Exterior Material: Stucco
  • View: Mountains/Hills

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Available
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Duplex (Unit A and Unit B)

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Corner Lot
  • Topography: Level
  • Assessor Parcel Number: 641-311-001

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 25080
  • Annual Expense Actual: 2717
  • Gross Rent Multiplier Actual: 22.92
  • Gross Rent Multiplier Projected: 9.58
  • Gross Sched Income Actual: 2090
  • Gross Sched Income Projected: 5000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2005
Sold by
H H K Development Inc
Bought by
Dunning Lewis J and Dunning Inez
Current Estimated Value
$591,355

Purchase Details

Closed on
Jun 17, 2004
Sold by
Robbins Heidi K
Bought by
H H K Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2004
Sold by
Velo Corinthians Lp
Bought by
Robbins Heidi K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
6.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 9, 1999
Sold by
Boussiacos Angelo A
Bought by
Velo Corinthians Ltd Partnership

Purchase Details

Closed on
Mar 31, 1995
Sold by
Boussiacos Angelo A and Boussiacos Connie
Bought by
Boussiacos Angelo A and Boussiacos Family 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
Dunning Lewis J $435,000 --
H H K Development Inc -- First American Title Co
Robbins Heidi K $35,000 First American Title Co
H H K Development Inc -- First American Title Ins Co
Robbins Heidi K $35,000 First American Title Co
Velo Corinthians Ltd Partnership -- --
Boussiacos Angelo A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner H H K Development Inc $250,000
Previous Owner Robbins Heidi K $41,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $575,000 0.0% --
06/06/2022 06/06/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $575,000 0.0% --
05/18/2022 05/18/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $575,000 -- --
Source: San Diego 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 $8,142 $598,228 $109,948 $488,280
2023 $8,142 $575,000 $105,680 $469,320
2022 $5,657 $354,165 $44,271 $309,894
2021 $4,795 $287,938 $35,992 $251,946
2020 $4,274 $257,088 $32,136 $224,952
2019 $4,179 $249,600 $31,200 $218,400
2018 $3,243 $240,000 $30,000 $210,000
2017 $3,128 $230,000 $30,000 $200,000
2016 $2,935 $165,000 $30,000 $135,000
2015 $2,240 $165,000 $30,000 $135,000
2014 $2,255 $165,000 $15,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220011503

San Diego MLS

APN: 641-311-001