NOT LISTED FOR SALE

83325 Avenue 44 Indio, CA 92201

Indio Area
24 Beds
1 Bath
1,000 Sq Ft
1.08 Acre Lot

Sale Details

Date Sold: April 22, 2015

Last sale price $680,000 $680 Per Sq Ft

62 Days on Market

About This Home

As of April 2015

12 units consisting of 6 duplex structures. All 12 units are 2br/1 ba.with over 900 sq. ft. each, some units have washer/dryer hook up. All units have separate water/gas/electric meters. Good potential as several long term tenants are below average rent. Price per unit $64,583. Built in 1975, features exterior with large courtyard and mature landscaping. Some units will need renovation and some have been recently done. New roof on 1 of the buildings and the other buildings have metal roofs, recently certified. Located 1 blk East of Jackson and close to Golf Center Pkwy. Easy access to both Hwy 111 and the 10 Fwy. Walking distance to schools, DMV, restaurants, bus stop, and shops.

Last Agent to Sell the Property

Annette Alter

El Paseo Realty Group License #01261500 Listed on: 12/04/2014

Last Buyer's Agent

Annette Alter

El Paseo Realty Group License #01261500 Listed on: 12/04/2014

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

1.08 Acres

Listing Details

  • Cross Street: 1 BLOCK EAST OF JACKSON STREET
  • Entry Location: Ground Level - no steps
  • Active Date: 2014-12-22
  • Building Structure Style: Bungalow
  • Driving Directions: 1 block east of Jackson St. ( Between Jackson St and Golf Center Drive on Avenue 44)
  • Full Street Address: 83325 AVENUE 44
  • Lot Size Acres: 1.08
  • Primary Object Modification Timestamp: 2015-04-27
  • Total Number of Units: 12
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1975

Interior Features

  • Appliances: Range
  • Advertising Remarks: 12 units consisting of 6 duplex structures. All 12 units are 2br/1 ba.with over 900 sq. ft. each, some units have washer/dryer hook up. All units have separate water/gas/electric meters. Good potential as several long term tenants are below average rent.
  • Assessed Land Value: 135000.00
  • Total Bedrooms: 24
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Expense Water: 3600.00
  • Lease Per Month Year: Month
  • Levels: Ground Level
  • Number Carpet: 12
  • Number Dishwasher: 12
  • Number Disposal: 12
  • Number Electric Meters: 12
  • Number Of Buildings: 6
  • Number Range: 12
  • Number Refrigerator: 12
  • Number Water Meters: 12
  • Owner Pays: Gardener, Water
  • Paved: Yes
  • Price Per Unit: 64583.0
  • Appliances: Garbage Disposal
  • Floor Material: Carpet
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 47045

Garage/Parking

  • Other Spaces: 12
  • Parking Spaces Total: 12
  • Parking Type: Parking Space

Utilities

  • Water Heater: Water Heater Unit
  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2014
Closed on
Feb 28, 2015
Sold by
Bought by
Seller's Agent
Annette Alter
El Paseo Realty Group
Buyer's Agent
Annette Alter
El Paseo Realty Group
List Price
$775,000
Sold Price
$680,000
Premium/Discount to List
-$95,000
-12.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
0.038%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0577%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.0577%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 4, 2003
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$680,000 Lawyers Title
$564,520 Chicago Title
-- Stewart Title Company
-- Stewart Title Company
$750,000 Stewart Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,032,500
Previous Owner $476,000
Previous Owner $150,000
Previous Owner $525,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2015 04/22/15 Sold $680,000 -12.3% $680 / Sq Ft
02/04/2015 02/04/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $775,000 -- $775 / Sq Ft
Source: Palm Springs Regional Association of Realtors

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,636 $817,250 $264,403 $552,847
2023 $14,636 $785,517 $254,137 $531,380
2022 $15,329 $770,115 $249,154 $520,961
2021 $14,717 $755,016 $244,269 $510,747
2020 $13,758 $747,275 $241,765 $505,510
2019 $13,372 $732,624 $237,025 $495,599
2018 $13,197 $721,260 $232,378 $488,882
2017 $12,975 $704,177 $227,822 $476,355
2016 $12,760 $690,370 $223,355 $467,015
2015 $11,059 $582,119 $161,101 $421,018
2014 $9,759 $475,000 $135,000 $340,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-815233PS

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