$360,000
SOLD DEC 20, 2016
4 Beds
2 Baths
1,680 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

4% Below List Price

4 Days on Market

About This Home

As of April 2024

Centrally located Palm Desert duplex, close to Highway 111, dining, golf and shopping. Each unit has a rear yard, garage, 2 bedrooms and 1 bathroom. There is an on-site, private laundry room. The back until has recently been re-carpeted and freshly painted. The front unit rents for $895/ month and the back rents for $995/ month.

Last Agent to Sell the Property

Marc Lange

Equity Union License #01407481 Listed on: 10/13/2016

Equity Union

Co-Listed By

Carl Blea

AC Eagle Corporation License #01877329

Last Buyer's Agent

Marc Lange

Equity Union License #01407481 Listed on: 10/13/2016

Equity Union

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,243

Year Built

1967

Lot Details

0

Parking

2

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2016-10-13
  • Building Size: 1680.0
  • Driving Directions: Take Fred Waring to San Anselmo, then to Guadalupe Ave and turn right. Property on right hand side.
  • Full Street Address: 73134 GUADALUPE AVE
  • Primary Object Modification Timestamp: 2017-02-13
  • Total Number of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Bathroom Features: Remodeled, Shower Over Tub
  • Appliances: Range, Free Standing Gas, Oven-Gas
  • Additional Land Available: 22680.00
  • Advertising Remarks: Centrally located Palm Desert duplex, close to Highway 111, dining, golf and shopping. Each unit has a rear yard, garage, 2 bedrooms and 1 bathroom. There is an on-site, private laundry room. The back until has recently been re-carpeted and freshly painte
  • Assessed Improvement Value: 195000.00
  • Assessed Land Value: 65000.00
  • Total Bedrooms: 4
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Expense Gardener: 650.00
  • Expense Insurance: 960.00
  • Annual Expense: 2580.00
  • Expense Trash: 360.00
  • Expense Water: 300.00
  • Garage Structures: 2
  • Gross Rent Multiplier: 16.53
  • Levels: One Level
  • Net Operating Income: 20100.00
  • Number Carpet: 2
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Of Buildings: 1
  • Number Range: 2
  • Number Refrigerator: 1
  • Number Water Meters: 2
  • Water Heaters: Yes
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet
  • Kitchen Features: Ceramic Counters, Remodeled
  • Laundry: Laundry Area In Unit
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 7405
  • Foundation: Foundation - Concrete Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway
  • Parking Spaces Total: 1
  • Parking Type: Garage, Garage Is Attached

Utilities

  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Gross Operating Income: 22680.00
  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 1, 2024
Sold by
Mcmaken Kimberly Dam and Duong Trung M
Bought by
Garcia
Seller's Agent
Brenda Truong
Winland Realty & Mortgage, Inc
Buyer's Agent
DAVID PUGA
Century 21 Top Producers
List Price
$700,000
Sold Price
$695,000
Premium/Discount to List
-$5,000
-0.71%
Views
68
Current Estimated Value
$653,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,779
Original Mortgage
$521,250
Outstanding Balance
$515,891
Interest Rate
8.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2023
Sold by
Mcmaken Herbert R
Bought by
Mcmaken Kimberly Dam

Purchase Details

Listed on
Oct 13, 2016
Closed on
Dec 1, 2016
Sold by
Mcmaken Herbert R
Bought by
Mcmaken Kimberly Dam
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Marc Lange
Equity Union
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 13, 2016
Closed on
Nov 7, 2016
Sold by
Stark Mark J
Bought by
Mcmaken Kimberly Dam and Duong Trung M
Seller's Agent
Marc Lange
Equity Union
Buyer's Agent
Marc Lange
Equity Union
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2015
Sold by
Stark Mark Jack
Bought by
Stark Mark J and The Mark J Stark Trust

Purchase Details

Closed on
Jun 9, 2005
Sold by
Reasor Caron
Bought by
Guadelupe Partnership and Cactus Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 2005
Sold by
Guadelupe Partnership
Bought by
Stark Mark Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 2004
Sold by
Reasor Caron
Bought by
Reasor Caron and Guadalupe Trust
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 Type Sale Price Title Company
Grant Deed $695,000 Lawyers Title
Quit Claim Deed -- --
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $360,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed -- Commonwealth Land Title
Grant Deed -- Commonwealth Land Title
Grant Deed $450,000 Commonwealth Land Title
Grant Deed -- --
Interfamily Deed Transfer -- First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $521,250 New Conventional
Previous Owner $269,000 New Conventional
Previous Owner $270,000 Commercial
Previous Owner $359,000 Commercial
Previous Owner $252,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2024 04/22/24 Sold $695,000 -0.7% $414 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $700,000 +94.4% $417 / Sq Ft
12/20/2016 12/20/16 Sold $360,000 -4.0% $214 / Sq Ft
10/13/2016 10/13/16 For Sale $375,000 -- $223 / 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 $6,243 $1,173,000 $244,800 $928,200
2023 $6,243 $401,582 $100,394 $301,188
2022 $5,839 $393,709 $98,426 $295,283
2021 $5,677 $385,991 $96,497 $289,494
2020 $5,586 $382,034 $95,508 $286,526
2019 $5,490 $374,544 $93,636 $280,908
2018 $5,397 $367,200 $91,800 $275,400
2017 $5,293 $360,000 $90,000 $270,000
2016 $4,050 $260,000 $65,000 $195,000
2015 $4,034 $255,000 $50,000 $205,000
2014 $3,847 $255,000 $50,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-169936PS

The MLS

APN: 627-032-033