Seller's Agent in 2017
Donald Mowery
EXP REALTY OF CALIFORNIA INC
(951) 313-1746
265 Total Sales
73121 San Nicholas Ave Palm Desert, CA 92260
Palma Village Groves NeighborhoodEstimated Value: $349,000 - $675,000
4
Beds
4
Baths
2,050
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Granite Countertops
- Double Pane Windows
- Laundry Room
- Palm Desert High School Rated A
- Living Room
- Tile Flooring
About This Home
As of August 2017Income producing duplex! Live in one and rent the other OR make it a great investment property!
Recently renovated with newer vinyl sliding windows, wood laminate and tile flooring, remodeled kitchens with granite counter tops, and remodeled baths. Centrally located and within walking distance to the Westfield Palm Desert Shopping Mall, the Town Center Square Shopping Center, the El Paseo Shopping, the McCallum Theater and the College of the Desert.
Each unit has an expansive living room, dining area, kitchen with a laundry area, two bedrooms and two baths.
Last Agent to Sell the Property
EXP REALTY OF CALIFORNIA INC License #01193547 Listed on: 04/06/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,861
Year Built
- Built in 1973
Lot Details
- 7,405 Sq Ft Lot
- No Common Walls
- Block Wall Fence
- Front Yard
Home Design
- Ranch Style House
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Composition Roof
- Pre-Cast Concrete Construction
- Stucco
Interior Spaces
- 2,050 Sq Ft Home
- Double Pane Windows
- Living Room
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- 4 Carport Spaces
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 167
- Assessor Parcel Number 627031011
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,500
- Professional Management Expense $2,086
- New Taxes Expense $4,766
- Operating Expense $8,352
- Gross Income $26,400
- Net Operating Income $19,023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 6, 2017
Closed on
Jul 17, 2017
Sold by
Ira Serivices Trust Co
Bought by
Lam Kevin and Laugh Jacqueline
Seller's Agent
Donald Mowery
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
MEGANN CENTENO
OMEGA REAL ESTATE
List Price
$365,000
Sold Price
$330,000
Premium/Discount to List
-$35,000
-9.59%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,641
Avg. Annual Appreciation
6.77%
Original Mortgage
$247,500
Interest Rate
4.03%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 8, 2014
Closed on
Jul 30, 2014
Sold by
Castillo Jose Martin
Bought by
Ira Services Trust Company
Seller's Agent
Ed Leyba
ESCL Corporation
Buyer's Agent
Kurtis Squyres
List Price
$265,000
Sold Price
$226,000
Premium/Discount to List
-$39,000
-14.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Purchase Details
Closed on
Jun 19, 2012
Sold by
Garcia Michael
Bought by
Castillo Jose Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.27%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 8, 2011
Sold by
Garcia Mary Zully
Bought by
Garcia Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,944
Interest Rate
4.71%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 25, 2011
Sold by
Jimenez Ricardo and Jimenez Maria L
Bought by
Garcia Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,944
Interest Rate
4.71%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 2, 2006
Sold by
Pena Jose A
Bought by
Jimenez Ricardo and Jimenez Maria L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,800
Interest Rate
7.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 22, 2005
Sold by
Olafson Carl and Olafson Scott H
Bought by
Pena Jose A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
8.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 21, 2004
Sold by
Olafson Carl
Bought by
Olafson Carl and Olafson Scott H
Purchase Details
Closed on
Jun 4, 2003
Sold by
Blackwell Wendy
Bought by
Olafson Carl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.46%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 23, 2001
Sold by
Hennessy Thomas E
Bought by
Blackwell Wendy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.91%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 1998
Sold by
Hennessy Ethel A & Thomas E Trustees and Hennessy Family Trus
Bought by
Hennessy Thomas E and Thomas E Hennessy Trust
Purchase Details
Closed on
May 22, 1996
Sold by
Hennessy Thomas E
Bought by
Hennessy Ethel A and Hennessy Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.97%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lam Kevin | $330,000 | Stewart Title | |
| Ira Services Trust Company | $226,000 | Title 365 | |
| Castillo Jose Martin | $225,000 | Title 365 | |
| Garcia Michael | -- | Ticor Title | |
| Garcia Michael | $160,000 | Ticor Title | |
| Jimenez Ricardo | $484,000 | Old Republic Title Co Riv | |
| Pena Jose A | $340,000 | Investors Title Company | |
| Olafson Carl | -- | -- | |
| Olafson Carl | $190,000 | North American Title Co | |
| Blackwell Wendy | $150,000 | First American Title Co | |
| Hennessy Thomas E | -- | -- | |
| Hennessy Ethel A | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lam Kevin | $329,000 | |
| Closed | Lam Kevin | $247,500 | |
| Previous Owner | Castillo Jose Martin | $160,000 | |
| Previous Owner | Garcia Michael | $155,944 | |
| Previous Owner | Jimenez Ricardo | $338,800 | |
| Previous Owner | Pena Jose A | $289,000 | |
| Previous Owner | Olafson Carl | $152,000 | |
| Previous Owner | Olafson Carl | $152,000 | |
| Previous Owner | Blackwell Wendy | $142,500 | |
| Previous Owner | Hennessy Ethel A | $78,000 | |
| Closed | Pena Jose A | $17,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2017 08/16/17 | Sold | $330,000 | -9.6% | $161 / Sq Ft |
| 06/29/2017 06/29/17 | Pending | -- | -- | -- |
| 04/06/2017 04/06/17 | For Sale | $365,000 | +61.5% | $178 / Sq Ft |
| 08/05/2014 08/05/14 | Sold | $226,000 | -14.7% | $110 / Sq Ft |
| 07/11/2014 07/11/14 | Pending | -- | -- | -- |
| 07/08/2014 07/08/14 | For Sale | $265,000 | -- | $129 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,861 | $375,476 | $94,436 | $281,040 |
| 2023 | $4,861 | $360,898 | $90,770 | $270,128 |
| 2022 | $4,602 | $353,823 | $88,991 | $264,832 |
| 2021 | $4,496 | $346,887 | $87,247 | $259,640 |
| 2020 | $4,414 | $343,331 | $86,353 | $256,978 |
| 2019 | $4,329 | $336,600 | $84,660 | $251,940 |
| 2018 | $4,247 | $330,000 | $83,000 | $247,000 |
| 2017 | $3,073 | $234,034 | $62,133 | $171,901 |
| 2016 | $2,996 | $229,446 | $60,915 | $168,531 |
| 2015 | $3,080 | $226,000 | $60,000 | $166,000 |
| 2014 | $3,100 | $225,000 | $60,000 | $165,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2017
MEGANN CENTENO
OMEGA REAL ESTATE
(951) 415-9044
317 Total Sales
-
E
Seller's Agent in 2014
Ed Leyba
ESCL Corporation
-
K
Buyer's Agent in 2014
Kurtis Squyres
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17069806
APN: 627-031-011
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