NOT LISTED FOR SALE

80649 Jasmine Ln Indio, CA 92201

Estimated Value: $350,000 - $436,000

3 Beds
2 Baths
1,235 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $130,000 $105 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $2,384/month

23 Days on Market

About This Home

As of August 2012

This property is being sold on behalf of the City of Indio's Neighborhood Stabilization program (NSP). The buyer(s) must be qualified through the Housing and Urban Development Neighborhood Stabilization Program (NSP) and the city of Indio. Buyer requirements are first time homebuyer (within last 3 years), owner occupant, and income. Up to $40,000 is available to qualifying buyer(s) for purchasing assistance. The home is not currently renovated, however the list price of $130,000 includes a completed renovation. Energy efficient appliances and windows, new paint, and more!! Once renovation is complete, the property will be beautifully done and move-in ready!

Last Agent to Sell the Property

Daniel Riggs

AAY Realty License #1466457 Listed on: 04/04/2012

Last Buyer's Agent

Daniel Riggs

License #1466457

Home Details

Home Type

Single Family

Year Built

1989

Lot Details

0

Listing Details

  • Cross Street: SHIELDS (FROM HWY 111)
  • Active Date: 2012-04-04
  • Full Bathroom: 2
  • Building Size: 1235.0
  • Full Street Address: 80649 Jasmine Ln
  • Lot Size Acres: 0.14
  • Primary Object Modification Timestamp: 2013-05-10
  • Tax Legal Lot Number: 10
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Advertising Remarks: This property is being sold on behalf of the City of Indio's Neighborhood Stabilization program (NSP). The buyer(s) must be qualified through the Housing and Urban Development Neighborhood Stabilization Program (NSP) and the city of Indio. Buyer require
  • Total Bedrooms: 3
  • Builders Tract Name: SHIELDS RANCH
  • Fireplace: Yes
  • Levels: One Level
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher
  • Fireplace Fuel: Gas
  • Laundry: Individual Room
  • Pool: No

Exterior Features

  • Lot Size Sq Ft: 6098
  • Fence: Block Wall
  • Roofing: Tile
  • Water: Water District

Garage/Parking

  • Parking Type: Garage - Two Door

Utilities

  • Sewer: Unknown
  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2012
Closed on
Jul 23, 2012
Sold by
Rancho Housing Alliance Inc
Bought by
Osuna Arlene
Seller's Agent
Daniel Riggs
AAY Realty
Buyer's Agent
Daniel Riggs
AAY Realty
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$410,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,282
Avg. Annual Appreciation
8.96%
Original Mortgage
$40,000
Outstanding Balance
$27,428
Interest Rate
3.53%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$382,854

Purchase Details

Closed on
Jul 28, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Rancho Housing Alliance Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,577
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of The Department Of Housing &

Purchase Details

Closed on
May 21, 2010
Sold by
Guerra Reyes and Rodriguez Aida Luna
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 25, 2008
Sold by
Citibank Na
Bought by
Guerra Reyes and Rodriguez Aida Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,497
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 2008
Sold by
Montalvo Saul and Montalvo Rosy Stephanie
Bought by
Citibank Na and The Holders Of Bear Stearns Asset Backed

Purchase Details

Closed on
Jan 4, 2006
Sold by
Loutsenhizer Matthew and Loutsenhizer Heather M
Bought by
Montalvo Saul and Montalvo Rosy Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 7, 2002
Sold by
Loutsenhizer Matthew and Loutsenhizer Heather M
Bought by
Loutsenhizer Matthew and Loutsenhizer Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.94%

Purchase Details

Closed on
Apr 13, 2000
Sold by
Whiteley Sally Jo
Bought by
Loutsenhizer Matthew and Lewis Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
8.24%
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
Osuna Arlene $130,000 Lawyers Title Ie
Rancho Housing Alliance Inc $117,000 First American Title Company
Secretary Of The Department Of Housing & -- None Available
Wells Fargo Bank Na $174,136 Accommodation
Guerra Reyes $162,000 Stewart Title
Citibank Na $141,750 None Available
Montalvo Saul $325,000 Old Republic Title Company
Loutsenhizer Matthew -- Lawyers Title
Loutsenhizer Matthew $107,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osuna Arlene $40,000
Previous Owner Rancho Housing Alliance Inc $176,577
Previous Owner Guerra Reyes $159,497
Previous Owner Montalvo Saul $260,000
Previous Owner Loutsenhizer Matthew $120,000
Previous Owner Loutsenhizer Matthew $101,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $130,000 0.0% $105 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
04/04/2012 04/04/12 For Sale $130,000 -- $105 / Sq Ft
Source: Palm Springs Regional 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 $3,102 $160,070 $40,014 $120,056
2023 $3,102 $153,856 $38,461 $115,395
2022 $2,821 $150,840 $37,707 $113,133
2021 $2,696 $147,883 $36,968 $110,915
2020 $2,483 $146,367 $36,589 $109,778
2019 $2,417 $143,498 $35,872 $107,626
2018 $2,357 $140,685 $35,169 $105,516
2017 $2,317 $137,928 $34,480 $103,448
2016 $2,283 $135,224 $33,804 $101,420
2015 $2,245 $133,196 $33,298 $99,898
2014 $2,205 $130,589 $32,647 $97,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 41451374

APN: 600-162-010