NOT LISTED FOR SALE

79320 Avenue 42 Bermuda Dunes, CA 92203

Estimated Value: $823,000 - $1,110,966

8 Beds
8 Baths
4,400 Sq Ft
$226/Sq Ft Est. Value

Last Sold June 08, 2012

Last sale price $370,000 $84 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $5,837/month

131 Days on Market

Highlights

  • Outdoor Pool
  • 20,448 Sq Ft lot
  • Forced Air Heating and Cooling System
  • James Monroe Elementary School Rated A-
  • 1-Story Property

About This Home

As of June 2012

What a deal!!! Beautiful 4-plex in Bermuda Dunes. Each unit has 2 spacious bedrooms and living rooms, dining rooms, washer/dryer hook ups and attached garages. Centrally located pool surrounded by lush landscaping.

Last Agent to Sell the Property

Marnie Balog

License #01719746 Listed on: 01/19/2012

Last Buyer's Agent

Jeffry Akman

Keller Williams Luxury Homes License #01865533

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.47

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

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

Additional Features

  • Outdoor Pool
  • 0.47 Acre Lot

Listing and Financial Details

  • The owner pays for gardener, pool service
  • Assessor Parcel Number 607342053

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $2,750
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 99975.00
  • Builders Tract Code: NA-312
  • List Price per Sq Ft: 90.89
  • Lp Sp Ratio: 0.9252
  • Water District Name: Imperial Irrigation District
  • Year Built: 1986
  • Internal Listing I D: 20190608183525226207000000
  • Listing I D: 21446098
  • Listing Office Address: 73200 El Paseo, Ste. 2H, Palm Desert, CA 92260
  • Listing Office Fax: (760) 773-4774
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 8.00
  • Full Bathrooms: 4
  • Three Quarter Bathrooms: 4
  • Laundry Equipment: Own
  • Estimated Sq Ft: 4400.00

Exterior Features

  • Roofing: Composition, Shingle
  • Foundation: Slab
  • Pool: Yes
  • Pool Location: Private

Utilities

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

Lot Info

  • Assessor Parcel Number: 607342053
  • Lot Size: 20448.00

Rental Info

  • Owner Pays: Gardener, Pool Service
  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2012
Sold by
Beverly Hills Luxury Interior Llc
Bought by
1801 Boulevard Holdings Llc
Current Estimated Value
$994,992

Purchase Details

Listed on
Jan 19, 2012
Closed on
Apr 12, 2012
Sold by
Elder Yvonne Marie
Bought by
B H L I Llc
Seller's Agent
Marnie Balog
Buyer's Agent
Jeffry Akman
Keller Williams Luxury Homes
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Elder Yvonne Marie
Bought by
Elder Clay B and Elder Yvonne Marie

Purchase Details

Closed on
Jan 27, 2003
Sold by
Elder Clay B
Bought by
Elder Yvonne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2003
Sold by
Desert Land Development
Bought by
Elder Yvonne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2002
Sold by
Lane Donna K and Lane Steven G
Bought by
Desert Land Development Company

Purchase Details

Closed on
Feb 8, 2002
Sold by
Lane Elizabeth
Bought by
Lane Steven G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,200
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2002
Sold by
Desert Land Development Company
Bought by
Lane Dona K and Lane Steven G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,200
Interest Rate
7.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
1801 Boulevard Holdings Llc -- None Available
B H L I Llc $370,000 Orange Coast Title Company
Elder Clay B -- None Available
Elder Yvonne Marie -- Old Republic Title Company
Elder Yvonne Marie $365,000 Old Republic Title Company
Desert Land Development -- Old Republic Title Company
Desert Land Development Company -- --
Lane Steven G -- Southland Title Corporation
Jones Christopher J -- Southland Title Corporation
Lane Dona K -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elder Yvonne Marie $177,500
Previous Owner Lane Dona K $89,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $370,000 -7.5% $84 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $399,900 -- $91 / 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 $7,231 $464,728 $116,179 $348,549
2023 $7,231 $446,683 $111,668 $335,015
2022 $6,790 $437,926 $109,479 $328,447
2021 $6,593 $429,340 $107,333 $322,007
2020 $6,492 $424,939 $106,233 $318,706
2019 $6,391 $416,607 $104,150 $312,457
2018 $6,291 $408,439 $102,108 $306,331
2017 $6,259 $400,431 $100,106 $300,325
2016 $6,210 $392,581 $98,144 $294,437
2015 $6,226 $386,686 $96,671 $290,015
2014 $6,144 $379,113 $94,778 $284,335
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21446098

California Desert Association of REALTORS®

APN: 607-342-053