NOT LISTED FOR SALE

Estimated Value: $461,000 - $654,598

4 Beds
3 Baths
2,492 Sq Ft
$235/Sq Ft Est. Value

Last Sold August 18, 2016

Last sale price $333,000 $134 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,923/month

6 Days on Market

About This Home

As of August 2016

A great investment opportunity to purchase this large Tri-Plex located in the very desirable neighborhood of Rio Vista. Rent all three units or live in one and enjoy the rental income from the other two units. Unit A and B are one bedroom/one bath while Unit C is a two bedroom/1 bath unit. Definitely a must see. Currently long-term tenant occupied with transferable leases. Each unit has its own fenced yard area, central air/heat, laundry hook-ups inside the unit, and parking. This is a rare opportunity with true value/income potential.

Last Agent to Sell the Property

Dean Sipe

Berkshire Hathaway Home Services California Properties License #01789257 Listed on: 06/17/2016

Berkshire Hathaway Home Services California Properties

Co-Listed By

NonMember AgentDefault

NonMember OfficeDefault

Last Buyer's Agent

Drew Johnson

Bennion Deville Homes License #01305205

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,844

Year Built

1964

Lot Details

0

Listing Details

  • Active Date: 2016-06-17
  • Building Size: 2492.0
  • Driving Directions: From Date Palm Dr, take Vista Chino west towards Palm Springs, take a right onto Avenida Quintana. Turn right on Quijo Rd, units will be on your left at the corner of Quijo and Hombria.
  • Full Street Address: 67630 QUIJO RD
  • Primary Object Modification Timestamp: 2016-08-18
  • Total Number of Units: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Appliances: Range
  • Additional Land Available: 29520.00
  • Advertising Remarks: A great investment opportunity to purchase this large Tri-Plex located in the very desirable neighborhood of Rio Vista. Rent all three units or live in one and enjoy the rental income from the other two units. Unit A and B are one bedroom/one bath while U
  • Assessed Improvement Value: 84778.00
  • Assessed Land Value: 19555.00
  • Total Bedrooms: 4
  • Builders Tract Code: 7280
  • Builders Tract Name: RIO VISTA
  • Annual Expense: 5870.00
  • Gross Rent Multiplier: 1.00
  • Net Operating Income: 23650.00
  • Number Of Buildings: 1
  • Appliances: Refrigerator
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 7841

Garage/Parking

  • Other Spaces: 3
  • Parking Features: Driveway
  • Parking Spaces Total: 3

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Gross Operating Income: 29520.00
  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jun 30, 2016
Sold by
Bisho Stanley and Coleman Craig
Bought by
The Bisco Group Llc
Seller's Agent
Dean Sipe
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Drew Johnson
Bennion Deville Homes
List Price
$349,000
Sold Price
$333,000
Premium/Discount to List
-$16,000
-4.58%
Current Estimated Value
$596,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,978
Avg. Annual Appreciation
6.71%
Original Mortgage
$233,100
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2011
Sold by
Abell Petra A and Abell Chris D
Bought by
Abell Petra A and Abell Chris D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,968
Interest Rate
4.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 1997
Sold by
Berry Evelyn
Bought by
Owen Bert K

Purchase Details

Closed on
Dec 2, 1996
Sold by
Fitzpatrick Anita R
Bought by
Owen Bert K
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
The Bisco Group Llc -- None Available
Bisho Stanley $333,000 Lawyers Title
Marent Petra A -- Lawyers Title
Abell Petra A -- Servicelink
Owen Bert K $150,000 Chicago Title Co
Owen Bert K -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bisho Stanley $233,100
Previous Owner Abell Petra A $93,968
Previous Owner Abell Chris D $105,000
Previous Owner Abell Chris D $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2016 08/18/16 Sold $333,000 -4.6% $134 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $349,000 -- $140 / Sq Ft
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 $7,844 $386,470 $96,325 $290,145
2023 $7,844 $371,465 $92,586 $278,879
2022 $7,475 $364,182 $90,771 $273,411
2021 $7,236 $357,042 $88,992 $268,050
2020 $6,906 $353,382 $88,080 $265,302
2019 $6,767 $346,453 $86,353 $260,100
2018 $6,610 $339,660 $84,660 $255,000
2017 $6,499 $333,000 $83,000 $250,000
2016 $3,628 $105,923 $19,853 $86,070
2015 $3,545 $104,333 $19,555 $84,778
2014 $3,531 $102,291 $19,173 $83,118
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-134460PS

The MLS

APN: 677-124-010