Seller's Agent in 2017
Carl Mitrak
WINDERMERE DESERT PROPERTIES
(760) 773-9687
20 Total Sales
74546 Driftwood Dr Palm Desert, CA 92260
Shadow Hills Estates NeighborhoodEstimated Value: $990,000 - $1,091,000
8
Beds
4
Baths
3,800
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Living Room
- Accessible Parking
- Palm Desert High School Rated A
- No Interior Steps
- Tile Flooring
About This Home
As of August 2017Wow! Re/Max Real Estate Consultants is proud to offer this single level four units with a pool! This building consists of two - one level Two bedrooms, one bath buildings. Must be sold with adjacent 4 plex unit also listed. Separate APNO's. So you can obtain conforming loans. Separate electrical meters, all electric. Oval pool, plumbed for gas, no heater. Easy to rent as such a superb location. Separate private front patios. Most have recent interior paint. Separate electric water heaters, four stoves, three fridges. 5 parking spaces. Must be sold concurrent with adjacent property @ 74534 Driftwood. Completes a nice 8 unit package with conforming loans = $120,000 per unit! High deprecation for you, the buyer. Four two bedrooms, 1 bath each PROPERTY IS IN ESCROW!!!
Last Agent to Sell the Property
WINDERMERE DESERT PROPERTIES License #00519085 Listed on: 03/18/2017
Last Buyer's Agent
Latasha O'Keith
Lamarc Realty License #01726164
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,990
Year Built
- Built in 1960
Lot Details
- 7,865 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Flat Roof Shape
- Stucco
Interior Spaces
- 3,800 Sq Ft Home
- 1-Story Property
- Blinds
- Window Screens
- Living Room
- Disposal
Flooring
- Carpet
- Concrete
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Available
- Unassigned Parking
Accessible Home Design
- No Interior Steps
- Entry Slope Less Than 1 Foot
- Low Pile Carpeting
- Accessible Parking
Pool
- In Ground Pool
- Gunite Pool
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Air Source Heat Pump
- 220 Volts in Kitchen
- Natural Gas Not Available
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 006
- Tax Tract Number 4332
- Assessor Parcel Number 625162031
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $1,100
- Insurance Expense $1,746
- Other Expense $950
- Pool Expense $1,080
- Supplies Expense $1,900
- Trash Expense $660
- Water Sewer Expense $1,400
- New Taxes Expense $5,200
- Operating Expense $13,086
- Net Operating Income $26,574
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 31, 2020
Sold by
Bar Hezy and Bar Marianne
Bought by
Bar Hezy and Bar Family Trust
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,500
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 18, 2017
Closed on
Aug 29, 2017
Sold by
Nelson Kurt
Bought by
Bar Hezy
Seller's Agent
Carl Mitrak
WINDERMERE DESERT PROPERTIES
Buyer's Agent
Latasha O'Keith
Lamarc Realty
List Price
$492,000
Sold Price
$479,000
Premium/Discount to List
-$13,000
-2.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Interest Rate
3.86%
Purchase Details
Listed on
May 13, 2013
Closed on
Jun 18, 2013
Sold by
Pregler Tula
Bought by
Nelson Kurt
Seller's Agent
Carl Mitrak
WINDERMERE DESERT PROPERTIES
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$258,750
Interest Rate
3.92%
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 |
|---|---|---|---|
| Bar Hezy | -- | None Available | |
| Bar Hezy | -- | -- | |
| Nelson Kurt | $345,000 | Title365 |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bar Hezy | $323,000 | |
| Closed | Bar Hezy | $323,500 | |
| Closed | Bar Hezy | -- | |
| Closed | Bar Hezy | $359,250 | |
| Previous Owner | Nelson Kurt | $258,750 | |
| Closed | Bar Hezy | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2017 08/29/17 | Sold | $479,000 | 0.0% | $126 / Sq Ft |
| 06/14/2017 06/14/17 | Pending | -- | -- | -- |
| 04/18/2017 04/18/17 | Price Changed | $479,000 | -2.6% | $126 / Sq Ft |
| 04/05/2017 04/05/17 | For Sale | $492,000 | 0.0% | $129 / Sq Ft |
| 03/23/2017 03/23/17 | Pending | -- | -- | -- |
| 03/18/2017 03/18/17 | For Sale | $492,000 | +42.6% | $129 / Sq Ft |
| 08/01/2013 08/01/13 | Sold | $345,000 | -1.4% | $108 / Sq Ft |
| 06/10/2013 06/10/13 | Pending | -- | -- | -- |
| 03/07/2012 03/07/12 | For Sale | $350,000 | -- | $109 / 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 | $12,990 | $1,061,207 | $286,526 | $774,681 |
| 2023 | $12,990 | $1,020,000 | $275,400 | $744,600 |
| 2022 | $6,549 | $513,582 | $166,190 | $347,392 |
| 2021 | $6,416 | $503,513 | $162,932 | $340,581 |
| 2020 | $6,297 | $498,351 | $161,262 | $337,089 |
| 2019 | $6,179 | $488,580 | $158,100 | $330,480 |
| 2018 | $6,062 | $479,000 | $155,000 | $324,000 |
| 2017 | $4,664 | $364,400 | $110,903 | $253,497 |
| 2016 | $4,553 | $357,256 | $108,729 | $248,527 |
| 2015 | $4,567 | $351,892 | $107,097 | $244,795 |
| 2014 | $4,493 | $345,000 | $105,000 | $240,000 |
Source: Public Records
Agents Affiliated with this Home
-
Carl Mitrak
-
L
Buyer's Agent in 2017
Latasha O'Keith
Lamarc Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17024043
APN: 625-162-031
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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