NOT LISTED FOR SALE

Estimated Value: $468,000 - $507,000

2 Beds
3 Baths
1,278 Sq Ft
$381/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $480,000 $376 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,226/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Tile Flooring
  • Corner Lot
  • Living Room
  • Guest Parking

About This Home

As of October 2023

This is your perfect opportunity to purchase an updated well maintained Triplex. All units are furnished which includes Refrigerator, Range, Mircrowave, blinds and furniture. All Security Lock boxes & Ring Security Cameras are excluded. Convenient location to dining, shopping, theater and several types of entertainment. Unit C is an individual building which is the 1 bedroom. Units A & B are attached in one building. Owner has been paying all utilities. Unit B has a long term tenant on month to month basis. Units A & B are month to month thru Airbnb.

Last Agent to Sell the Property

Beverly Straeter

Bennion Deville Homes License #01142224 Listed on: 09/21/2023

Last Buyer's Agent

Diane Williams Team

Bennion Deville Homes License #01364828

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Slab Foundation
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 1,278 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Living Room
  • Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms
  • Shower Only
  • Shower Only in Secondary Bathroom

Parking

  • 1 Attached Carport Space
  • 4 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Shared Driveway
  • Guest Parking
  • On-Street Parking

Location

  • Ground Level

Utilities

  • Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 687232012

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Cathedral City Cove Subdivision

Amenities

  • Laundry Facilities

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Property Attached/Detached: No
  • Levels: One
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All Furniture on Inventory list.
  • List Price per Sq Ft: 391.16
  • Lp Sp Ratio: 0.9600
  • Year Built: 1951
  • Internal Listing I D: 20230921191746674885000000
  • Listing I D: 219100238
  • Listing Member Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs, CA 92262
  • Listing Member Fax: (760) 325-9092
  • Listing Office Address: 201 N. Palm Canyon Dr. Ste 120, Palm Springs South Office, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Selling Office Fax: (760) 773-3959
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Cathedral City Cove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave Oven, Gas Range, Disposal
  • Number Of Disposals: 3
  • Number of Ranges: 3
  • Flooring: Tile
  • Bedroom Features: Main Floor Bedroom
  • Total Bedrooms: 2
  • Bathroom Features: Shower Stall, Tile Shower
  • Total Bathrooms: 3.00
  • Three Quarter Bathrooms: 3
  • Kitchen Features: Granite Counters
  • Laundry Equipment: Own
  • Laundry: Community
  • Estimated Sq Ft: 1278.00
  • Windows Treatments: Blinds, Mini Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tar/Gravel
  • Foundation: Slab
  • Paved: Yes

Garage/Parking

  • Parking: Attached Carport, On Street, Shared Driveway, Guest
  • Parking Info Total Carport Spaces: 1.00
  • Parking Info Total Covered Spaces: 1.00
  • Parking Info Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Number Electric Meters: 3
  • Number Water Meters: 1
  • Sewer: In Street Paid
  • Water Heater Feature: Water Heater Unit
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 687232012
  • Lot Location: Corner Lot
  • Lot Size: 5227.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Refrigerators: 3
  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Sep 28, 2023
Sold by
Nguyen Hai and Virrey Armando
Bought by
Pipitone Katherine J
Seller's Agent
Beverly Straeter
Bennion Deville Homes
Buyer's Agent
Diane Williams Team
Bennion Deville Homes
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
6
Current Estimated Value
$486,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,644
Avg. Annual Appreciation
0.62%
Original Mortgage
$360,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2023
Sold by
Pipitone Katherine J
Bought by
Pipitone Katherine J Revocable Living Trust and Pipitone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2018
Sold by
Escoto Salvador and Escoto Maria
Bought by
Nguyen Hai and Virrey Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Escoto Salvador and Escoto Maria

Purchase Details

Closed on
Aug 20, 2010
Sold by
Garcia Pomposa
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 25, 2005
Sold by
Garcia Pomposa
Bought by
Garcia Pomposa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,750
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2003
Sold by
Stickles Sam and Stickles Vikki
Bought by
Garcia Pompasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,550
Interest Rate
5.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pipitone Katherine J $480,000 First American Title
Pipitone Katherine J Revocable Living Trust -- None Listed On Document
Nguyen Hai $255,000 Ticor Title
Escoto Salvador $48,000 Ticor Title Company Of Ca
Deutsche Bank National Trust Company $66,000 None Available
Garcia Pomposa -- Commonwealth Land Title Co
Garcia Pompasa $229,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pipitone Katherine J $360,000
Previous Owner Nguyen Hai $191,250
Previous Owner Garcia Pomposa $250,750
Previous Owner Garcia Pompasa $206,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $480,000 -4.0% $376 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $499,900 +96.0% $391 / Sq Ft
07/25/2018 07/25/18 Sold $255,000 -12.1% $200 / Sq Ft View Prior Sale
05/24/2018 05/24/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $290,000 -- $227 / Sq Ft
Source: California Desert Association of REALTORS®

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 $8,181 $489,600 $122,400 $367,200
2023 $8,181 $273,409 $80,413 $192,996
2022 $5,679 $268,049 $78,837 $189,212
2021 $5,554 $262,794 $77,292 $185,502
2020 $5,344 $260,100 $76,500 $183,600
2019 $5,250 $255,000 $75,000 $180,000
2018 $2,701 $54,036 $13,505 $40,531
2017 $2,671 $52,978 $13,241 $39,737
2016 $2,623 $51,940 $12,982 $38,958
2015 $2,583 $51,162 $12,788 $38,374
2014 $2,569 $50,162 $12,539 $37,623
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219100238

California Desert Association of REALTORS®

APN: 687-232-012