NOT LISTED FOR SALE

Estimated Value: $848,000 - $1,241,000

8 Beds
6 Baths
3,592 Sq Ft
$302/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $735,000 $205 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,119/month

60 Days on Market

Highlights

  • 1-Story Property
  • James Monroe Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

Investors' dream property!!! This is an extremely well maintained triplex in Bermuda Dunes with large living spaces. Two units are 3 bedrooms and 2 full baths. The other unit is a 2 bedroom with 1 & 3/4 baths. All kitchens are upgraded with granite countertops and appliances( including refrigerators). The bathrooms are also upgraded. Each unit has an inside laundry area, 2 car garage and each has a private outdoor area. Low maintenance desert landscaping. All units are currently occupied 2 are long term leases. Hurry as this one won't last!!

Last Agent to Sell the Property

JoAnne M Gilliam

HK Lane Real Estate License #01469441 Listed on: 11/13/2017

Last Buyer's Agent

Janelle Howes

FOUNDERS ALLIANCE REAL ESTATE License #01310032

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,371

Year Built

  • Built in 2003

Lot Details

  • 0.31

Parking

  • 3 Car Parking Spaces

Home Design

  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,592 Sq Ft Home
  • 1-Story Property
  • Vertical Blinds

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Additional Features

  • 0.31 Acre Lot
  • Ground Level

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 607223022

Community Details

Overview

  • 3 Units
  • Bdcc Country Subdivision

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $55,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,371

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level, No Unit Above, One
  • Price Per Unit: 249633.00
  • Builders Tract Code: NA312
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All refrigerators, washers and dryers owned by sellers
  • List Price per Sq Ft: 208.49
  • Lp Sp Ratio: 0.9814
  • Year Built: 2003
  • Internal Listing I D: 20190608184800726118000000
  • Listing I D: 217031406
  • Listing Member Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Member Fax: (866) 308-7057
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 78100 MAIN ST. SUITE 204, LA QUINTA, CA 92253
  • Land Type: Fee
  • Subdivision: BDCC Country
  • Unit Information Number Of Units Leased: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 3
  • Number of Ranges: 3
  • Total Bedrooms: 8
  • Total Bathrooms: 6.00
  • Full Bathrooms: 5
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 3592.00
  • Windows Treatments: Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile

Garage/Parking

  • Parking Info Total Parking Spaces: 3.00

Utilities

  • Number Electric Meters: 4
  • Number Water Meters: 3
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Number Gas Meter: 3
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 607223022
  • Lot Size: 13504.00

Rental Info

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

Multi Family

  • Number Of Dishwashers: 3
  • Number Of Refrigerators: 3
  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2021
Sold by
Walters Alan T and Walters Lisbeth F
Bought by
Holly Mineral Llc
Total Days on Market
60
Current Estimated Value
$1,084,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Outstanding Balance
$487,712
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$552,568

Purchase Details

Closed on
Apr 23, 2018
Sold by
Walters Alan T and Walters Lisbeth F
Bought by
Holly Mineral Llc

Purchase Details

Listed on
Nov 13, 2017
Closed on
Nov 27, 2017
Sold by
Adams Philip B and Adams Carole Ann
Bought by
Walters Alan T and Walters Lisbeth F
Seller's Agent
JoAnne M Gilliam
HK Lane Real Estate
Buyer's Agent
Janelle Howes
FOUNDERS ALLIANCE REAL ESTATE
List Price
$748,900
Sold Price
$735,000
Premium/Discount to List
-$13,900
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.82%
Original Mortgage
$551,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2009
Sold by
Berardo Donna
Bought by
Berardo Donna J

Purchase Details

Closed on
Nov 29, 2006
Sold by
Berardo John and Berardo Donna
Bought by
Berardo John and Berardo Donna
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
Holly Mineral Llc -- Orange Coast Title Company
Walters Alan T -- Orange Coast Title Company
Holly Mineral Llc -- None Available
Walters Alan T $735,000 Fidelity National Title Comp
Berardo Donna J -- None Available
Berardo Donna -- None Available
Berardo John -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Alan T $528,000
Previous Owner Walters Alan T $551,250
Previous Owner Berardo John $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2018 01/18/18 Sold $735,000 -1.9% $205 / Sq Ft
01/12/2018 01/12/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $748,900 -- $208 / 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 $12,371 $892,500 $280,500 $612,000
2022 $11,770 $875,000 $275,000 $600,000
2021 $10,448 $772,616 $189,212 $583,404
2020 $10,265 $764,694 $187,272 $577,422
2019 $10,085 $749,700 $183,600 $566,100
2018 $6,891 $486,513 $69,998 $416,515
2017 $6,822 $476,975 $68,626 $408,349
2016 $6,732 $467,624 $67,281 $400,343
2015 $6,752 $460,602 $66,271 $394,331
2014 $5,526 $360,000 $90,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217031406

California Desert Association of REALTORS®

APN: 607-223-022