NOT LISTED FOR SALE

68185 Calle Azteca Desert Hot Springs, CA 92240

Estimated Value: $171,000 - $398,000

4 Beds
2 Baths
1,610 Sq Ft
$197/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $150,000 $93 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,939/month

9 Days on Market

Highlights

  • No Units Above
  • Private Yard
  • No HOA

About This Home

As of April 2016

Great location, Spectacular Views, wonderful potential and Seller Says Lets make a Deal! Same Seller is also liquidating 3 other Investment properties in Portfolio Call Listing Agent For Numbers. Seller can Carry.
Unit Description: $688.50 2bed/1 bath/1 car garage, $750.00 2bed/1bath/1 car garage.

Last Agent to Sell the Property

Maria Barrantes Adair

MPA Exchange, Inc License #01907060 Listed on: 02/29/2016

Last Buyer's Agent

Reggie Bickford

AACAL License #01809665

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,308

Year Built

  • Built in 1985

Lot Details

  • 8,276 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,610 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 445
  • Assessor Parcel Number 644152006

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $660
  • Water Sewer Expense $1,080
  • New Taxes Expense $1,950
  • Gross Income $1,438
  • Net Operating Income $9,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,308

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1080.00
  • Property Type: Residential Income
  • Parcel Number: 644152006
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Levels: One
  • Price Per Square Foot: 93.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Conventional Septic
  • Trash Expense: 660.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 8276.00
  • Price Per Lot Square Foot: 18.12
  • Lot Size Acres: 0.1900

Multi Family

  • Gross Income: 1438.00
  • Gross Scheduled Income: 17262.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8276.0000 Square Feet
  • Net Operating Income: 9509.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6890.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1950.00
  • Tax Lot: 1
  • Tax Tract Number: 445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2016
Closed on
Mar 30, 2016
Sold by
Wedgewood Mortgage Llc
Bought by
Aacal Inc and Rabgrl 2 Revocable Trust
Seller's Agent
Maria Barrantes Adair
MPA Exchange, Inc
Buyer's Agent
Reggie Bickford
AACAL
List Price
$172,500
Sold Price
$150,000
Premium/Discount to List
-$22,500
-13.04%
Current Estimated Value
$317,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,667
Avg. Annual Appreciation
8.19%
Original Mortgage
$170,000
Outstanding Balance
$134,877
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$182,790

Purchase Details

Closed on
Dec 30, 2014
Sold by
Mistaya Llc
Bought by
Wedgewood Mtg

Purchase Details

Closed on
May 11, 2009
Sold by
The Bank Of New York
Bought by
Mistaya Llc

Purchase Details

Closed on
Jan 28, 2009
Sold by
Valdez Robert Adam
Bought by
The Bank Of New York

Purchase Details

Closed on
Feb 6, 2006
Sold by
Stith Christopher
Bought by
Valdez Robert Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,214
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2006
Sold by
Wilhelm Don C and Wilhelm Nancy K
Bought by
Stith Charles and Don Charles Wilhelm Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,214
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1994
Sold by
Pomona Financial Services Inc
Bought by
Pomona First Fsla
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
Aacal Inc $697,500 Stewart Title
Wedgewood Mtg -- None Available
Mistaya Llc $65,500 Landsafe Title
The Bank Of New York $76,500 Landsafe Title
Valdez Robert Adam $285,000 First American Title Company
Stith Charles -- First American Title Company
Pomona First Fsla $87,158 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aacal Inc $170,000
Previous Owner Valdez Robert Adam $223,214
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2016 04/20/16 Sold $150,000 -13.0% $93 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $172,500 -- $107 / 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 $3,308 $153,885 $15,384 $138,501
2023 $3,308 $147,912 $14,788 $133,124
2022 $2,515 $145,013 $14,499 $130,514
2021 $2,471 $142,170 $14,215 $127,955
2020 $2,381 $140,713 $14,070 $126,643
2019 $2,348 $137,955 $13,795 $124,160
2018 $2,310 $135,251 $13,525 $121,726
2017 $2,278 $132,600 $13,260 $119,340
2016 $1,089 $70,816 $17,700 $53,116
2015 $1,727 $69,754 $17,435 $52,319
2014 $2,545 $68,391 $17,095 $51,296
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV16041389

California Regional Multiple Listing Service (CRMLS)

APN: 644-152-006