NOT LISTED FOR SALE

Estimated Value: $514,000 - $797,000

6 Beds
6 Baths
3,709 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 10, 2013

Last sale price $295,000 $80 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,269/month

28 Days on Market

About This Home

As of July 2013

Great opportunity to purchase this prime income property in Cathedral City. 3 units total, each 2+2.

Last Agent to Sell the Property

Christian Arbid

Power Brokers License #01268376 Listed on: 06/12/2013

Last Buyer's Agent

Jessica Fausto

License #01878627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,701

Year Built

  • Built in 1986

Lot Details

  • 9,148 Sq Ft Lot

Interior Spaces

  • 3,709 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Rancho Ramon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 680405007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,701

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Price Per Unit: 89999.00
  • Builders Tract Code: NA-335
  • List Price per Sq Ft: 72.80
  • Lp Sp Ratio: 1.0926
  • Water District Name: Buyer to Verify
  • Year Built: 1986
  • Internal Listing I D: 20190608184325423806000000
  • Listing I D: 21476925
  • Listing Member Address: 9100 Wilshire Blvd.Suite 725 E, Beverly Hills, CA 90212
  • Listing Member Fax: (760) 269-3560
  • Listing Office Address: 9100 Wilshire Blvd.Suite 725 E, Beverly Hills, CA 90212
  • Listing Office Fax: (760) 269-3560
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Subdivision: Rancho Ramon
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Laundry Equipment: Own
  • Estimated Sq Ft: 3709.00

Utilities

  • TV Svcs: Cable TV
  • Heating Fuel: Natural Gas
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 680405007
  • Lot Size: 9148.00

Multi Family

  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jul 2, 2013
Sold by
Wasserman Lawrence
Bought by
Miranda Javier and Miranda Emelina
Seller's Agent
Christian Arbid
Power Brokers
Buyer's Agent
Jessica Fausto
List Price
$269,999
Sold Price
$295,000
Premium/Discount to List
$25,001
9.26%
Current Estimated Value
$681,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,241
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Apr 1, 1999
Sold by
Pff Bank & Trust
Bought by
Weller Peter J and Wasserman Howard D

Purchase Details

Closed on
Jan 26, 1999
Sold by
Halleck Thomas G and Halleck Lori D
Bought by
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
Miranda Javier $295,000 Lawyers Title Company
Weller Peter J $117,500 Chicago Title Co
First Fsla $120,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wasserman Howard D $192,500
Previous Owner Wasserman Howard D $189,000
Previous Owner Weller Peter J $133,900
Previous Owner Weller Peter J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2013 07/10/13 Sold $295,000 +9.3% $80 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $269,999 -- $73 / 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 $6,701 $361,614 $73,543 $288,071
2023 $6,701 $347,574 $70,688 $276,886
2022 $6,330 $340,759 $69,302 $271,457
2021 $6,076 $334,079 $67,944 $266,135
2020 $5,778 $330,655 $67,248 $263,407
2019 $5,649 $324,173 $65,930 $258,243
2018 $5,501 $317,818 $64,639 $253,179
2017 $5,400 $311,587 $63,372 $248,215
2016 $5,258 $305,479 $62,130 $243,349
2015 $5,093 $300,893 $61,198 $239,695
2014 $5,051 $295,000 $60,000 $235,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21476925

California Desert Association of REALTORS®

APN: 680-610-010