NOT LISTED FOR SALE

Estimated Value: $268,491 - $614,000

4 Beds
4 Baths
2,100 Sq Ft
$212/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $100,000 $48 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $2,667/month

73 Days on Market

Highlights

  • Mountain View
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Palm Desert High School Rated A

About This Home

As of March 2013

Short Sale and Subject to lender Approval. Great investment opportunity located in the heart of Palm Desert. Each unit is 2bed/2ba and 1,050 sq ft each. Cash offers only as property needs work.

Last Agent to Sell the Property

Eddie Sanin

Desert Gate Real Estate License #01362241 Listed on: 11/27/2012

Last Buyer's Agent

Eddie Sanin

Desert Gate Real Estate License #01362241 Listed on: 11/27/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener
  • Assessor Parcel Number 627041026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,925

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 64500.00
  • Builders Tract Code: NA-322
  • List Price per Sq Ft: 61.43
  • Lp Sp Ratio: 0.7752
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1966
  • Internal Listing I D: 20190608184120082396000000
  • Listing I D: 21466252
  • Listing Member Address: PO Box 12740, Palm Desert, CA 92255
  • Listing Office Address: 74330 Alessandro Dr, Palm Desert, CA 92260
  • Listing Office Fax: (760) 341-7300
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: PO Box 12740, Palm Desert, CA 92255
  • Selling Office Address: 74330 Alessandro Dr, Palm Desert, CA 92260
  • Selling Office Fax: (760) 341-7300
  • Subdivision: Not Applicable
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry Equipment: Lease
  • Estimated Sq Ft: 2100.00

Exterior Features

  • Roofing: Composition, Shingle
  • View: Yes

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 627041026
  • Lot Size: 7405.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 25, 2013
Sold by
Wahlin Jay D and Wahlin Kristine M
Bought by
Navas Francisco A and Navas Mirna N
Seller's Agent
Eddie Sanin
Desert Gate Real Estate
Buyer's Agent
Eddie Sanin
Desert Gate Real Estate
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%
Current Estimated Value
$444,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,623
Avg. Annual Appreciation
12.29%

Purchase Details

Listed on
Nov 27, 2012
Closed on
Feb 21, 2013
Sold by
Navas Francisco A and Navas Mirna N
Bought by
Wahlin Jay D and Wahlin Kristine M
Seller's Agent
Eddie Sanin
Desert Gate Real Estate
Buyer's Agent
Eddie Sanin
Desert Gate Real Estate
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%

Purchase Details

Closed on
Jan 3, 2013
Sold by
Wahlin Jay D and Wahlin Kristine M
Bought by
Navas Francisco A and Navas Mirna N
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
Navas Francisco A $100,000 Fidelity National Title Insu
Wahlin Jay D -- Fidelity National Title Insu
Navas Francisco A $100,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wahlin Jay D $316,500
Previous Owner Wahlin Jay D $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2013 03/18/13 Sold $100,000 -22.5% $48 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $129,000 -- $61 / 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 $2,925 $123,128 $24,619 $98,509
2023 $2,925 $118,349 $23,664 $94,685
2022 $2,576 $116,029 $23,200 $92,829
2021 $2,440 $113,755 $22,746 $91,009
2020 $2,414 $112,589 $22,513 $90,076
2019 $2,378 $110,382 $22,072 $88,310
2018 $2,346 $108,219 $21,641 $86,578
2017 $2,302 $106,098 $21,217 $84,881
2016 $2,252 $104,018 $20,801 $83,217
2015 $2,236 $102,458 $20,490 $81,968
2014 $1,941 $100,453 $20,090 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21466252

California Desert Association of REALTORS®

APN: 627-041-026