NOT LISTED FOR SALE

83085 Dillon Ave Indio, CA 92201

Estimated Value: $470,000 - $971,000

7 Beds
5 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 04, 2018

Last sale price $400,000

Est. 71% increase in value since last sale

Current estimated payment $4,195/month

38 Days on Market

About This Home

As of September 2018

Charming fully occupied 4 unit apartment complex in Indio. Property consists of one 3 bedroom 2 bath unit, two 1 bedroom 1 bath units and one two bedroom one bath unit. Currently bringing in $3275 with very low maintenance and up keep. Rents are below market value property should be bringing in over $4000 a month.

Last Agent to Sell the Property

Brian Ferguson

Keller Williams Realty License #01792645 Listed on: 05/08/2018

Keller Williams Realty

Last Buyer's Agent

Jorge Ortiz

eXp Realty of California Inc License #02027183

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,252

Year Built

  • Built in 1965

Lot Details

  • 8,712

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Carport Spaces
  • 7 Car Parking Spaces

Additional Features

  • 1-Story Property
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 611281006

Community Details

Overview

  • 4 Units
  • Jackson Park Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,252

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 102250.00
  • Builders Tract Code: NA311
  • Lp Sp Ratio: 0.9780
  • Year Built: 1965
  • Internal Listing I D: 20190608184810644441000000
  • Listing I D: 218014428
  • Listing Member Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Member Fax: (760) 342-4166
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 515 Cabrillo Park Drive, #305, Santa Ana, CA 92701
  • Land Type: Fee
  • Subdivision: Jackson Park
  • Unit Information Number Of Units Leased: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5

Garage/Parking

  • Parking Info Total Carport Spaces: 2.00
  • Parking Info Total Parking Spaces: 7.00

Utilities

  • Number Electric Meters: 4
  • Number Water Meters: 1
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 4

Lot Info

  • Assessor Parcel Number: 611281006
  • Lot Size: 8712.00

Rental Info

  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 30, 2018
Sold by
Ochoa Antonio
Bought by
Ochoa Maria
Seller's Agent
Brian Ferguson
Keller Williams Realty
Buyer's Agent
Jorge Ortiz
eXp Realty of California Inc
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$684,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,720
Avg. Annual Appreciation
7.82%
Original Mortgage
$262,500
Outstanding Balance
$227,971
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$456,749

Purchase Details

Listed on
May 8, 2018
Closed on
Aug 17, 2018
Sold by
Ferguson Brian S
Bought by
Ochoa Maria
Seller's Agent
Brian Ferguson
Keller Williams Realty
Buyer's Agent
Jorge Ortiz
eXp Realty of California Inc
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Outstanding Balance
$227,971
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$456,749

Purchase Details

Closed on
Aug 5, 2016
Sold by
Brown Katherine I
Bought by
Ferguson Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 2016
Sold by
Regla Benito A and Regla Alma C
Bought by
Ferguson Brian S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 1993
Sold by
Stephens Alta Belle
Bought by
Regla Benito A and Regla Alma C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,811
Interest Rate
7.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Ochoa Maria -- Equity Title
Ochoa Maria $377,000 Equity Title
Ferguson Brian S -- Fidelity National Title
Ferguson Brian S $250,000 Fidelity National Title
Regla Benito A $160,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Maria $262,500
Previous Owner Ferguson Brian S $187,500
Previous Owner Regla Benito A $157,811
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $400,000 -11.1% --
06/15/2018 06/15/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $450,000 -- --
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 $7,252 $420,547 $85,893 $334,654
2023 $7,252 $404,218 $82,558 $321,660
2022 $6,766 $396,293 $80,940 $315,353
2021 $6,450 $388,523 $79,353 $309,170
2020 $6,432 $384,540 $78,540 $306,000
2019 $6,253 $377,000 $77,000 $300,000
2018 $4,699 $255,000 $51,000 $204,000
2017 $4,466 $250,000 $50,000 $200,000
2016 $4,227 $229,700 $51,673 $178,027
2015 $4,074 $226,251 $50,898 $175,353
2014 $4,023 $221,820 $49,901 $171,919
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218014428

California Desert Association of REALTORS®

APN: 611-281-006