NOT LISTED FOR SALE

78701 Avenue 42 Bermuda Dunes, CA 92203

Bermuda Dunes Country Club Neighborhood

Estimated Value: $713,000 - $756,000

4 Beds
4 Baths
1,892 Sq Ft
$386/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $675,000 $357 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,811/month

49 Days on Market

Highlights

  • Desert View
  • A-Frame Home
  • Private Yard
  • James Monroe Elementary School Rated A-
  • Secondary bathroom tub or shower combo
  • Living Room

About This Home

As of February 2022

Here's an opportunity for an owner-user to pick up a Duplex in Bermuda Dunes. Unit A pays $1,411 (month to month). Unit B pays $1,795 (move in date 8/31/2021) Both rental units have 2 bedrooms, 2 bathrooms, each with a 2 car garage, and a backyard/side-yard. The building has been recently painted along with other improvements. Or, use them as Short Term Vacation Rental (STVR).See attached Riverside County STVR Ordinance Riverside County STVR Website : (application, ordinance, good neighbor brochure, etc.) Proforma Income Unit A: $1,411 ($1,795 (Market) Unit B: $1,795 Monthly: $3,590 Annual: $43,080 Expenses Taxes (New): $8,020 Insurance: $500 Gardener: $1,440 Pest Control: $420 Trash: 480 Water: $960 Total: $11,820

Last Agent to Sell the Property

Kate Rust

Wilson-Meade Commercial Real Estate License #01267678 Listed on: 12/14/2021

Last Buyer's Agent

Michael Heath

Village Property Management License #01716810

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,732

Year Built

  • Built in 1986

Lot Details

  • 10,890 Sq Ft Lot
  • North Facing Home
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back Yard

Home Design

  • A-Frame Home
  • Tile Roof

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Ceramic Tile Flooring
  • Desert Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • 2 Assigned Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, trash collection, water
  • Assessor Parcel Number 607216025

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $480
  • Gross Income $3,206
  • Net Operating Income $31,260

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,732

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Apartment
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Building Style: A-Frame
  • Entry Location: Living Room
  • List Price per Sq Ft: 356.77
  • Lp Sp Ratio: 1.0000
  • View Type: Desert
  • Water District Name: Myoma Dunes Water Company
  • Year Built: 1986
  • Internal Listing I D: 20211214192455231157000000
  • Listing I D: 219071410
  • Listing Member Address: 72100 Magnesia Falls Dr. Ste 2, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 779-0673
  • Listing Office Address: 72100 Magnesia Falls Dr. Ste 2, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 837-0036
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 333 N. Palm Canyon Drive, Suite 118, Palm Springs, CA 92262
  • Selling Office Address: 333 N. Palm Canyon Drive, Suite 118, Palm Springs, CA 92262
  • Selling Office Fax: (760) 904-5418
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Stackable W/D Hookup, Microwave Oven
  • Number Of Disposals: 2
  • Number of Ranges: 2
  • Flooring: Ceramic Tile
  • Total Bedrooms: 4
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry Equipment: Hook-Ups
  • Laundry: In Closet
  • Estimated Sq Ft: 1892.00

Exterior Features

  • Roofing: Tile
  • View: Yes
  • Paved: Yes

Garage/Parking

  • Parking: Assigned, On Street, Driveway, Garage Door Opener
  • Parking Info Total Covered Spaces: 2.00
  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water: Water District
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 607216025
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Back Yard, Sidewalks, Yard, Utilities Underground, Street Public, Street Paved, Single Lot, Curbs, Lawn, Landscaped
  • Lot Size: 10890.00

Rental Info

  • Owner Pays: Gardener, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Land Lease Type: Fee Simple

Multi Family

  • Number Of Dishwashers: 2
  • Total Units: 2

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Feb 3, 2022
Sold by
Scp Ii Llc
Bought by
Rosenthal Family Trust
Seller's Agent
Kate Rust
Wilson-Meade Commercial Real Estate
Buyer's Agent
Michael Heath
Village Property Management
List Price
$675,000
Sold Price
$675,000
Total Days on Market
49
Current Estimated Value
$729,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,470
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Nov 22, 2020
Sold by
Alexander Stephen F L and Alexander Stephen F
Bought by
Scp Ii Llc

Purchase Details

Closed on
Apr 7, 1995
Sold by
Alexander Stephen F L
Bought by
Alexander Stephen F L and Stephen F L Alexander Revocable Trust

Purchase Details

Closed on
Jun 23, 1994
Sold by
Engle Paula J
Bought by
Alexander Stephen F L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 1994
Sold by
Stavros George N and Stavros Angeline
Bought by
Alexander Stephen F L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.6%
Mortgage Type
Commercial
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
Rosenthal Family Trust $675,000 Fidelity National Title
Scp Ii Llc $825,000 Chicago Title Company
Alexander Stephen F L -- --
Alexander Stephen F L -- Chicago Title
Alexander Stephen F L $130,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scp Ll Llc $280,000
Previous Owner Alexander Stephen F L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $675,000 0.0% $357 / Sq Ft
12/14/2021 12/14/21 For Sale $675,000 -- $357 / 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
2023 $8,732 $688,500 $128,367 $560,133
2022 $5,284 $420,749 $105,187 $315,562
2021 $2,632 $204,098 $47,089 $157,009
2020 $2,583 $202,007 $46,607 $155,400
2019 $2,535 $198,047 $45,694 $152,353
2018 $2,488 $194,165 $44,799 $149,366
2017 $2,438 $190,359 $43,921 $146,438
2016 $2,380 $186,627 $43,060 $143,567
2015 $2,387 $183,825 $42,414 $141,411
2014 $2,349 $180,226 $41,584 $138,642
Source: Public Records

Agents Affiliated with this Home

  • Kate Rust

    Seller's Agent in 2022

    Kate Rust

    Wilson-Meade Commercial Real Estate

    (760) 409-1532

    1 in this area

    46 Total Sales

    Kate Rust
    Section Image

  • M

    Buyer's Agent in 2022

    Michael Heath

    Village Property Management

    (760) 325-4477

    1 in this area

    33 Total Sales

    Michael Heath
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219071410

California Desert Association of REALTORS®

APN: 607-216-025

California Riverside County Bermuda Dunes 92203 Bermuda Dunes Country Club

78701 Avenue 42, Bermuda Dunes, CA

This home is located at 78701 Avenue 42, Bermuda Dunes, CA 92203 since 14 December 2021 and is currently estimated at $729,470, approximately $385 per square foot. This property was built in 1986. 78701 Avenue 42 is a home located in Riverside County with nearby schools including James Monroe Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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