NOT LISTED FOR SALE

72855 Hot Springs Ave Desert Hot Springs, CA 92241

Estimated Value: $264,000 - $411,656

2 Beds
1 Bath
1,016 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $225,000 $221 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,065/month

39 Days on Market

Highlights

  • Horse Property
  • 5 Acre Lot
  • Ground Level Unit
  • Panoramic View
  • Midcentury Modern Architecture
  • No HOA

About This Home

As of September 2022

5 Acres Horse Property Level Land.Mountain Views. Project property needs creative new owner to restore and improve to highest and best use. Roads on 3 sides Adjoining property owners show pride of ownership.

Last Agent to Sell the Property

Richard Martin

Richard Martin Realty License #01212139 Listed on: 06/02/2022

Last Buyer's Agent

Christian Palacios Perez

License #02029649

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,980

Year Built

  • Built in 1955

Lot Details

  • 5 Acre Lot
  • East Facing Home
  • Property is zoned R-A-1 1/4

Parking

  • 99 Parking Spaces

Property Views

  • Panoramic
  • Skyline
  • Mountain
  • Desert
  • Hills

Home Design

  • Midcentury Modern Architecture
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Concrete Flooring
  • Oven or Range
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Electric Water Heater

Additional Features

  • Horse Property
  • Ground Level Unit
  • Horse Property Improved

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 645-270-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,980

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Builders Tract Code: Not in a Development
  • Living Area: 1016
  • Lot Acreage: 5.0000
  • Planned Urban Dev: 0
  • Property Condition: Additions/Alter, Fixer, Repair Cosmetic, Repairs Major
  • Stories: 1
  • Year Built: 1955
  • Builders Tract Name: Not in a Development
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Living Room
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Inclusions: Stove and Refrigerator
  • Price Per S Q F T: 246.06

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Desert, Hills, Panoramic, Mountains, City Lights, Tree Top, Skyline
  • View: Yes

Garage/Parking

  • Total Parking: 99

Utilities

  • Water Heater: Electric
  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: Yes
  • Assessor Parcel Number: 645-270-014
  • Lot Description: Horse Property, Horse Property Improved
  • Lot Size Area: 217800

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Jp Luebsen Revocable Intervivos Trust
Bought by
Gonzalez Tannia and Zamorez Gabriel Contreras
Current Estimated Value
$333,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,046
Interest Rate
5.22%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 25, 2005
Sold by
Luebsen John H
Bought by
Luebsen John Philip

Purchase Details

Closed on
Nov 9, 2005
Sold by
Luebsen John Philip
Bought by
Luebsen John Philip

Purchase Details

Closed on
May 23, 2000
Sold by
Hammerman Stanley R and Brown Verner F
Bought by
Luebsen John Philip and Luebsen John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
8.67%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 14, 1997
Sold by
Brown Verner F
Bought by
Brown Verner F
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
Gonzalez Tannia $225,000 Chicago Title
Luebsen John Philip -- --
Luebsen John Philip -- --
Luebsen John Philip $60,000 Old Republic Title Company
Luebsen John H -- Old Republic Title Company
Brown Verner F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Tannia $289,046
Previous Owner Luebsen John Phillip $70,000
Previous Owner Luebsen John Philip $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $225,000 -10.0% $221 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
07/06/2022 07/06/22 Price Changed $250,000 -15.3% $246 / Sq Ft
06/24/2022 06/24/22 Price Changed $295,000 -15.7% $290 / Sq Ft
06/19/2022 06/19/22 Price Changed $349,999 -10.3% $344 / Sq Ft
06/09/2022 06/09/22 Price Changed $389,999 -18.6% $384 / Sq Ft
06/02/2022 06/02/22 For Sale $479,000 -- $471 / Sq Ft
Source: The MLS

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 $2,980 $234,090 $52,020 $182,070
2023 $2,980 $225,000 $50,000 $175,000
2022 $1,124 $86,869 $36,192 $50,677
2021 $1,101 $85,167 $35,483 $49,684
2020 $1,046 $84,295 $35,120 $49,175
2019 $1,026 $82,643 $34,432 $48,211
2018 $1,005 $81,023 $33,757 $47,266
2017 $987 $79,436 $33,096 $46,340
2016 $957 $77,880 $32,448 $45,432
2015 $920 $76,711 $31,961 $44,750
2014 $912 $75,210 $31,336 $43,874
Source: Public Records

Agents Affiliated with this Home

  • Richard Martin

    Seller's Agent in 2022

    Richard Martin

    Richard Martin Realty

    (760) 416-7777

    7 in this area

    26 Total Sales

    Richard Martin
    Section Image

  • C

    Buyer's Agent in 2022

    Christian Palacios Perez

    Section Image
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Map

Source: The MLS

MLS Number: 22-160483

The MLS

APN: 645-270-014

California Riverside County Desert Hot Springs 92241

72855 Hot Springs Ave, Desert Hot Springs, CA

This home is located at 72855 Hot Springs Ave, Desert Hot Springs, CA 92241 since 02 June 2022 and is currently estimated at $333,414, approximately $328 per square foot. This property was built in 1955. 72855 Hot Springs Ave is a home located in Riverside County with nearby schools including Della S. Lindley Elementary School, Desert Springs Middle School, and Desert Hot Springs High School.

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