NOT LISTED FOR SALE

687 Tilting T Dr Borrego Springs, CA 92004

Estimated Value: $183,000 - $218,975

2 Beds
2 Baths
1,160 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $87,000 $75 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,161/month

6 Days on Market

Highlights

  • 0.96 Acre Lot
  • Central Air
  • 1-Story Property

About This Home

As of May 2016

This little piece of history is authentic mid century home on over 1.5 acres of fabulous 180 degree views towards Font's Point, each has 1 bedroom, 1 bath, newer kitchens, cathedral beamed ceilings and charming gardens. This duplex is zoned for multiple units and ideal for income property. Adjacent lot 198-212-20-00 included. Neighborhoods: Unit F Other Fees: 0 Number of Furnished Units: 0

Last Agent to Sell the Property

Kathy King

Coldwell Banker Borrego License #01444867 Listed on: 04/11/2016

Coldwell Banker Borrego

Last Buyer's Agent

Catherine Gay

Anza Borrego Realty, Inc. License #00854013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1953

Lot Details

  • 0.96

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1-Story Property
  • 0.96 Acre Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 1982122100

Community Details

Overview

  • 2 Units
  • Unit F

Building Details

  • Net Operating Income $10,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,167

Year Built

Built in 1953

Lot Details

0

Listing Details

  • CapRate: 8.00
  • Park Name: Unit F
  • Subdivision Name Other: Borrego Springs
  • Zoning: r2
  • Property Type: Residential Income
  • Parcel Number: 1982122100
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Fence: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 41818.00
  • Lot Size Acres: 0.9600

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 12000.00
  • Lot Size Area: 41818.0000 Square Feet
  • Net Operating Income: 10500.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 4, 2016
Sold by
Devemer Beth H
Bought by
The Rollins Family Trust & Norma Jean Ro
Seller's Agent
Kathy King
Coldwell Banker Borrego
Buyer's Agent
Catherine Gay
Anza Borrego Realty, Inc.
List Price
$87,000
Sold Price
$87,000
Current Estimated Value
$200,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,595
Avg. Annual Appreciation
10.90%

Purchase Details

Closed on
May 19, 2003
Sold by
Grenfell Richard B
Bought by
Grenfell Richard B and The Richard B Grenfell Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%

Purchase Details

Closed on
Apr 19, 2003
Sold by
Grenfell Richard B
Bought by
Grenfell Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
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 Rollins Family Trust & Norma Jean Ro $87,000 Ticor Title San Diego
Grenfell Richard B -- --
Grenfell Richard B -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grenfell Richard B $100,000
Previous Owner Grenfell Richard B $10,000
Closed Grenfell Richard B $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2016 05/16/16 Sold $87,000 0.0% $75 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $87,000 -- $75 / 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 $1,167 $98,249 $11,836 $86,413
2024 $1,167 $96,323 $11,604 $84,719
2023 $1,143 $94,435 $11,377 $83,058
2022 $1,128 $92,584 $11,154 $81,430
2021 $1,110 $90,770 $10,936 $79,834
2020 $1,107 $89,840 $10,824 $79,016
2019 $1,036 $88,079 $10,612 $77,467
2018 $1,018 $86,353 $10,404 $75,949
2017 $999 $84,660 $10,200 $74,460
2016 $1,303 $115,000 $21,000 $94,000
2015 $1,181 $110,000 $21,000 $89,000
2014 $1,106 $103,000 $20,000 $83,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160019157

California Regional Multiple Listing Service (CRMLS)

APN: 198-212-21