NOT LISTED FOR SALE

82399 El Paseo Ave Indio, CA 92201

Estimated Value: $267,000 - $421,000

3 Beds
1 Bath
1,002 Sq Ft
$326/Sq Ft Est. Value

Last Sold October 25, 2021

Last sale price $225,000 $225 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,057/month

28 Days on Market

Highlights

  • 1 Fireplace
  • Living Room
  • 1-Story Property
  • Private Yard
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2021

This three-bedroom, one-bath home is located in North Indio and is convenient to downtown Indio, the freeway, shops, restaurants and more. A great opportunity for an investor looking for rental units, first-time homebuyers or for a family seeking additional, private living space to use for older parents or as additional rental income. Property is fenced and has large side and backyard space with spacious separate storage shed/outdoor laundry. In addition to the main 3 bedroom 1 bath home, property includes a studio apartment and one bedroom unit each with separate private entrances and their own baths. Features tile floors throughout. Property does need some work and is being sold as is. Don't let this great investment get away.

Last Agent to Sell the Property

John Guthrie

Equity Union License #02081215 Listed on: 09/16/2021

Equity Union

Last Buyer's Agent

Erica Gerardo

RPAC License #01425445

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 6,970 Sq Ft Lot
  • Masonry wall
  • Wood Fence
  • Level Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Area
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Parking Spaces
  • 2 Parking Garage Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • North Indio Ranchos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 610134009

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One
  • List Price per Sq Ft: 264.47
  • Lp Sp Ratio: 0.8500
  • Year Built: 1959
  • Listing I D: 219067748
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Member Address: 77622 Country Club Dr., Ste.V, Palm Desert, CA 92211
  • Selling Office Address: 77622 Country Club Dr., Ste.V, Palm Desert, CA 92211
  • Selling Office Fax: (760) 655-4311
  • Land Type: Fee
  • Subdivision: North Indio Ranchos
  • Special Features: None

Interior Features

  • Appliances: Gas Range
  • Range Hood: Yes
  • Flooring: Ceramic Tile
  • Total Bedrooms: 3
  • Bathroom Features: Shower Stall
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Dining Area
  • Estimated Sq Ft: 1002.00

Exterior Features

  • Construction: Stucco
  • Fencing: Masonry, Fenced, Wood
  • Foundation: Slab
  • Planned Unit Development: No

Garage/Parking

  • Parking: On Street, Driveway
  • Total Parking Spaces: 2.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 610134009
  • Lot Acres: 0.1600
  • Lot Description: Back Yard, Yard, Private, Level, Front Yard
  • Lot Size: 6970.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2022
Sold by
Jose Acosta
Bought by
Vea Sara O Ruelas
Current Estimated Value
$326,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Outstanding Balance
$254,754
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$71,779

Purchase Details

Listed on
Sep 16, 2021
Closed on
Oct 14, 2021
Sold by
Chan Shiu Mei
Bought by
El Dorado Way Llc
Seller's Agent
John Guthrie
Equity Union
Buyer's Agent
Erica Gerardo
RPAC
List Price
$265,000
Sold Price
$225,000
Premium/Discount to List
-$40,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$230,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 29, 2015
Closed on
Oct 29, 2015
Sold by
Martinez Gregorio and Martinez Clara
Bought by
Chan Chung
Seller's Agent
Juan Martinez
Coachella Realty
Buyer's Agent
Juan Martinez
Better Homes and Gardens Real Estate
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$120,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 2006
Sold by
Martinez Gregorio
Bought by
Martinez Gregorio and Martinez Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.37%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 23, 2005
Sold by
Martinez Clara
Bought by
Martinez Gregorio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.66%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 2, 2001
Sold by
K & Y Investment Partners
Bought by
Martinez Gregorio and Martinez Clara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,532
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2001
Sold by
Alvarez Mario
Bought by
K & Y Investment Partners

Purchase Details

Closed on
Jul 26, 2000
Sold by
Lou Cochran Mary
Bought by
Alvarez Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1997
Sold by
Cochran Donald W and Cochran Mary L
Bought by
Cochran Mary Lou
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vea Sara O Ruelas -- None Listed On Document
Vea Sara O Ruelas -- None Listed On Document
El Dorado Way Llc $225,000 Orange Coast Title Co
Chan Chung $150,000 Lawyers Title Company
Chan Chung -- Lawyers Title Company
Martinez Gregorio -- Orange Coast Title Company O
Martinez Gregorio -- Stewart Title Guaranty
Martinez Gregorio $95,000 Chicago Title Co
K & Y Investment Partners -- Chicago Title Co
Alvarez Mario $48,000 First American Title Co
Cochran Mary Lou -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vea Sara O Ruelas $266,250
Closed Vea Sara O Ruelas $266,250
Previous Owner El Dorado Way Llc $230,000
Previous Owner Chan Chung $120,000
Previous Owner Martinez Gregorio $125,000
Previous Owner Martinez Gregorio $95,000
Previous Owner Martinez Gregorio $93,532
Previous Owner Alvarez Mario $64,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2021 10/25/21 Sold $225,000 -15.1% $225 / Sq Ft
09/16/2021 09/16/21 For Sale $265,000 +76.7% $264 / Sq Ft
12/15/2015 12/15/15 Sold $150,000 0.0% $150 / Sq Ft View Prior Sale
10/15/2015 10/15/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $150,000 0.0% $150 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/29/2015 08/29/15 For Sale $150,000 -- $150 / 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 $4,095 $239,291 $50,979 $188,312
2023 $4,095 $230,000 $49,000 $181,000
2022 $3,847 $225,000 $50,000 $175,000
2021 $2,695 $164,043 $41,010 $123,033
2020 $2,498 $162,362 $40,590 $121,772
2019 $2,431 $159,180 $39,795 $119,385
2018 $2,370 $156,060 $39,015 $117,045
2017 $2,329 $153,000 $38,250 $114,750
2016 $2,379 $150,000 $37,500 $112,500
2015 $1,716 $104,000 $21,000 $83,000
2014 $1,482 $85,000 $17,000 $68,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219067748

California Desert Association of REALTORS®

APN: 610-134-009