NOT LISTED FOR SALE

Estimated Value: $663,400

6 Beds
4 Baths
2,575 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: May 6, 2016

Last sale price $238,000 $92 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $4,267 / mo

108 Days on Market

About This Home

As of May 2016

Seller is very motivated! Check out this money making opportunity. Located at the base of the beautiful San Jacinto mountains, this is a fantastic 4 unit rental property with a 3br/1ba unit; a studio with 1ba; and a duplex with 1br/1ba each. Located within minutes to downtown providing a great opportunity for your guests to stroll the boutiques, enjoy patio dining, entertainment, hiking....It's all here in fabulous Palm Springs.

Last Agent to Sell the Property

Jenell VanDenBos

Bennion Deville Homes License #01833698 Listed on: 12/07/2015

Last Buyer's Agent

Jenell VanDenBos

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 8,866

Home Design

  • 2,575 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 8,866 Sq Ft Lot
  • Ground Level
  • Central Air
  • Property Views

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gardener, water, gas
  • Assessor Parcel Number 687241025
  • Special Tax Authority

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Cathedral City Cove Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

8,866 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Ground, Ground Level, No Unit Above
  • Price Per Unit: 67437.00
  • List Price per Sq Ft: 104.76
  • Lp Sp Ratio: 0.8823
  • Year Built: 1980
  • Internal Listing I D: 20190608184717635782000000
  • Listing I D: 215037150
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • 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
  • Subdivision: Cathedral City Cove
  • Unit Information Number Of Units Leased: 4
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2575.00

Exterior Features

  • View: Yes

Utilities

  • Number Electric Meters: 4
  • Number Water Meters: 4
  • Cooling Type: Central Air
  • Sewer: Connected on Bond, In, Connected and Paid
  • Number Gas Meter: 4

Lot Info

  • Assessor Parcel Number: 687241025
  • Lot Size: 8866.00

Rental Info

  • Owner Pays: Gardener, Water, Gas
  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Mello Roos: Yes
  • Tax Year: 2014

Multi Family

  • Total Units: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2019
Sold by
Bought by
Current Estimated Value
$663,400

Purchase Details

Listed on
Dec 7, 2015
Closed on
Apr 29, 2016
Sold by
Bought by
Seller's Agent
Jenell VanDenBos
Bennion Deville Homes
Buyer's Agent
Jenell VanDenBos
List Price
$324,750
Sold Price
$238,000
Premium/Discount to List
-$86,750
-26.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$178,500
Outstanding Balance
$138,450
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$312,086

Purchase Details

Closed on
Jul 30, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,418
Interest Rate
5.61%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$238,000 Lawyers Title
$189,248 None Available
$430,000 Lawyers Title Company
$296,000 Chicago Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $178,500
Previous Owner $344,000
Previous Owner $15,708
Previous Owner $342,000
Previous Owner $11,159
Previous Owner $285,418
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/06/2016 05/06/16 Sold $238,000 -26.7% $92 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
12/07/2015 12/07/15 For Sale $324,750 -- $126 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,488 $286,160 $84,518 $201,642
2025 $7,488 $280,550 $82,861 $197,689
2023 $7,504 $269,658 $79,645 $190,013
2022 $7,321 $264,372 $78,084 $186,288
2021 $7,142 $259,189 $76,553 $182,636
2020 $6,884 $256,533 $75,769 $180,764
2019 $6,753 $251,504 $74,284 $177,220
2018 $6,600 $246,574 $72,828 $173,746
2017 $6,496 $241,740 $71,400 $170,340
2016 $7,372 $317,773 $86,296 $231,477
2015 $7,195 $313,000 $85,000 $228,000
2014 $7,490 $335,000 $100,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215037150

California Desert Association of REALTORS®

APN: 687-241-025

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