NOT LISTED FOR SALE

Estimated Value: $416,075 - $494,000

4 Beds
2 Baths
1,650 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $425,000 $258 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,002/month

111 Days on Market

Highlights

  • Central Heating and Cooling System
  • Back and Front Yard
  • 1-Story Property

About This Home

As of July 2022

Great Buy! Two Houses on a Lot! Each Home Features 2 Bedrooms, 1 Bathroom, Eating Area, Living Room and Private Backyard. This Spacious Lot Offers Plenty of Room Between Houses and Each Home Comes with Their Own 1-Car Garage. Central Air & Heating for Both Homes and Fenced. Located a Block from Palm Springs, Plenty of Shopping & Dining! Don't Miss Out on This Great Opportunity!

Last Agent to Sell the Property

Nathalie Marles

Berkshire Hathaway HomeServices Crest Real Estate License #01330558 Listed on: 12/21/2021

Berkshire Hathaway HomeServices Crest Real Estate

Co-Listed By

Judi Paniagua

Berkshire Hathaway HomeServices Crest Real Estate License #01273348

Last Buyer's Agent

Chiron Stewart

Chiron Stewart, Broker License #01997480

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 63
  • Assessor Parcel Number 675253002
  • $1,168 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Panorama Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Panorama (33545)
  • Zoning: R1
  • Property Type: Residential Income
  • Parcel Number: 675253002
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 257.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 446.02
  • Tax Lot: 63
  • TaxOtherAnnualAssessmentAmount: 1168.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Jun 30, 2022
Sold by
Cruz Thomas M
Bought by
Fassnacht Justin and Thornbury Adele
Seller's Agent
Nathalie Marles
Berkshire Hathaway HomeServices Crest Real Estate
Buyer's Agent
Chiron Stewart
Chiron Stewart, Broker
List Price
$398,000
Sold Price
$425,000
Premium/Discount to List
$27,000
6.78%
Current Estimated Value
$463,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,019
Avg. Annual Appreciation
2.48%
Original Mortgage
$318,750
Outstanding Balance
$302,839
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$160,180

Purchase Details

Listed on
Jun 25, 2016
Closed on
Feb 15, 2017
Sold by
Infinity Palm Springs Llc
Bought by
Cruz Thomas M
Seller's Agent
Gary Anderson
Gary Anderson, R.E. Broker
Buyer's Agent
Judi Paniagua
Century 21 Village Realty
List Price
$279,900
Sold Price
$269,900
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%
Original Mortgage
$265,010
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jan 18, 2013
Sold by
Frost Elizabeth Mclennan
Bought by
Infinity Palm Springs Llc
Seller's Agent
April Bryant
Tri-Valley Realty
Buyer's Agent
Diego Goldfarb
No Firm Affiliation
List Price
$239,900
Sold Price
$152,000
Premium/Discount to List
-$87,900
-36.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%

Purchase Details

Closed on
May 23, 2005
Sold by
Campos Felipe
Bought by
Frost Lyle G and Frost Elizabeth Mclennan

Purchase Details

Closed on
Apr 30, 2003
Sold by
Perez Martha Alicia
Bought by
Campos Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2001
Sold by
Mejia April
Bought by
Perez Martha Alicia

Purchase Details

Closed on
May 3, 2001
Sold by
Mejia April
Bought by
Perez Martha Alicia

Purchase Details

Closed on
Nov 4, 1999
Sold by
Garcia Alicia C
Bought by
Mejia April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,141
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 1998
Sold by
Mclain Curtis O and Mclain Rebecca
Bought by
Garcia Alicia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,964
Interest Rate
7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fassnacht Justin $425,000 None Listed On Document
Cruz Thomas M $270,000 Chicago Title Company
Infinity Palm Springs Llc $152,000 Lawyers Title
Frost Lyle G $305,000 First American Title Company
Campos Felipe $175,000 Chicago Title Co
Perez Martha Alicia -- --
Perez Martha Alicia -- --
Mejia April $105,000 Stewart Title Company
Garcia Alicia C $69,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fassnacht Justin $318,750
Previous Owner Cruz Thomas M $265,010
Previous Owner Campos Felipe $157,500
Previous Owner Mejia April $104,141
Previous Owner Garcia Alicia C $68,964
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2022 07/06/22 Sold $425,000 0.0% $258 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
02/24/2022 02/24/22 Off Market $425,000 -- --
02/24/2022 02/24/22 For Sale $398,000 -6.4% $241 / Sq Ft
02/13/2022 02/13/22 Off Market $425,000 -- --
02/13/2022 02/13/22 For Sale $398,000 -6.4% $241 / Sq Ft
01/22/2022 01/22/22 Off Market $425,000 -- --
01/22/2022 01/22/22 For Sale $398,000 -6.4% $241 / Sq Ft
12/30/2021 12/30/21 Off Market $425,000 -- --
12/21/2021 12/21/21 For Sale $398,000 +47.5% $241 / Sq Ft
02/28/2017 02/28/17 Sold $269,900 -3.6% $164 / Sq Ft View Prior Sale
01/31/2017 01/31/17 Pending -- -- --
06/25/2016 06/25/16 For Sale $279,900 +84.1% $170 / Sq Ft
01/30/2013 01/30/13 Sold $152,000 -36.6% $92 / Sq Ft View Prior Sale
01/14/2013 01/14/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $239,900 -- $145 / 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 $6,975 $442,170 $140,454 $301,716
2023 $6,975 $425,000 $135,000 $290,000
2022 $5,161 $295,170 $59,054 $236,116
2021 $4,975 $289,384 $57,897 $231,487
2020 $4,728 $286,418 $57,304 $229,114
2019 $4,620 $280,803 $56,181 $224,622
2018 $4,563 $275,298 $55,080 $220,218
2017 $3,115 $161,273 $31,828 $129,445
2016 $3,037 $158,111 $31,204 $126,907
2015 $2,945 $155,738 $30,737 $125,001
2014 $2,909 $152,689 $30,136 $122,553
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21267448

California Regional Multiple Listing Service (CRMLS)

APN: 675-253-002