NOT LISTED FOR SALE

83624 Glendora Ridge Ave Coachella, CA 92236

Estimated Value: $631,000 - $720,000

5 Beds
3 Baths
2,940 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $640,000 $218 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,971/month

94 Days on Market

Highlights

  • Pebble Pool Finish
  • Family Room with Fireplace
  • Ceramic Tile Flooring
  • RV Access or Parking
  • 3 Car Direct Access Garage
  • Central Heating and Cooling System

About This Home

As of June 2024

Welcome to your dream home in Paloma Estates, located in the desirable area of Coachella/Indio border! This magnificent home boasts 5 bedrooms, 3 baths, and a possible 6th bedroom, all spread out over a massive 3,000 square feet. This home also has a three car garage which can be converted into massive game room. There's also the possibility of R.V parking! You will love the open feel of this home, with a formal living room and family room perfect for hosting guests. This home also comes with leased solar.The backyard of this oasis has a newer aluma-wood covered patio with a newer putting green and artificial turf area that requires minimal maintenance. You will enjoy the pool and raised spa that come with overflowing water features, and there is plenty of room to add your custom BBQ and bocce ball court. This home is perfect for the savvy investor as it is situated in a non-gated community that allows unlimited short-term rentals, making it a highly sought-after option for the many visitors who plan to attend Coachella and Stage Coach festivals yearly. This can also be a perfect 1031 tax exchange purchase. Opportunities for a property with 6 bedrooms are minimal, which makes this gem a rare find and ready to generate significant income.Located walking distance from dining and shopping centers, this home is also minutes away from the freeway, giving you fast access to any area in Coachella Valley.

Last Agent to Sell the Property

David Colin

HomeSmart License #01710306 Listed on: 02/29/2024

HomeSmart

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,465

Year Built

  • Built in 2005

Lot Details

  • 6,098 Sq Ft Lot
  • Home has North and South Exposure
  • Sprinklers on Timer

Interior Spaces

  • 2,940 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Direct Access Garage
  • RV Access or Parking

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • La Paloma Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 612581002
  • Special Tax Authority

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,465

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: Two
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 221.02
  • Lp Sp Ratio: 0.9800
  • Year Built: 2005
  • Listing I D: 219107700
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 844-7550
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 3690 ELIZABETH STREET, RIVERSIDE, CA 92506
  • Land Type: Fee
  • Subdivision: La Paloma Estates
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Estimated Sq Ft: 2940.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas, Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Sewer: Connected on Bond

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 612581002
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 6098.00

Rental Info

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

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 17, 2024
Sold by
Aceves-Garcia Elizabeth
Bought by
Ashby Parson Investment Llc
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$649,800
Sold Price
$640,000
Premium/Discount to List
-$9,800
-1.51%
Views
110
Current Estimated Value
$670,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,320
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Jul 22, 2017
Sold by
Aceves Garcia Elizabeth and Gutierrez Jesus Aceves
Bought by
Aceves Garcia Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2016
Sold by
Aceves Garcia Elizabeth
Bought by
Aceves Garcia Elizabeth and Aceves Gutierrez Jesus

Purchase Details

Closed on
Jan 11, 2011
Sold by
Garcia Mario
Bought by
Aceves Garcia Elizabeth

Purchase Details

Closed on
Jun 24, 2010
Sold by
Ayala Marvin A and Chicas Adan E
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 18, 2009
Sold by
Ayala Marvin A
Bought by
Chicas Adan Elias

Purchase Details

Closed on
Jan 10, 2006
Sold by
K Hovnanian Forecast Homes Inc
Bought by
Ayala Marvin A and Chicas Adan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,984
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ashby Parson Investment Llc $640,000 First American Title
Aceves Garcia Elizabeth -- Timios Title A California Co
Aceves Garcia Elizabeth -- None Available
Aceves Garcia Elizabeth -- Ticor Title
Aceves Garcia Elizabeth $165,000 Ticor Title
Jpmorgan Chase Bank National Association $147,037 None Available
Chicas Adan Elias -- None Available
Ayala Marvin A $415,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aceves Garcia Elizabeth $150,000
Previous Owner Ayala Marvin A $331,984
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $640,000 -1.5% $218 / Sq Ft
03/16/2024 03/16/24 Price Changed $649,800 0.0% $221 / Sq Ft
03/16/2024 03/16/24 For Sale $649,800 0.0% $221 / Sq Ft
03/15/2024 03/15/24 Price Changed $649,800 0.0% $221 / Sq Ft
03/15/2024 03/15/24 For Sale $649,800 0.0% $221 / Sq Ft
03/14/2024 03/14/24 For Sale $649,800 0.0% $221 / Sq Ft
03/14/2024 03/14/24 Price Changed $649,800 0.0% $221 / Sq Ft
03/08/2024 03/08/24 Off Market $649,900 -- --
02/29/2024 02/29/24 For Sale $649,900 -- $221 / 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 $5,465 $652,800 $163,200 $489,600
2023 $5,465 $254,694 $56,015 $198,679
2022 $5,000 $249,701 $54,917 $194,784
2021 $4,750 $244,806 $53,841 $190,965
2020 $4,469 $242,296 $53,289 $189,007
2019 $4,359 $237,546 $52,245 $185,301
2018 $4,273 $232,889 $51,221 $181,668
2017 $3,622 $182,137 $45,533 $136,604
2016 $3,498 $178,567 $44,641 $133,926
2015 $3,334 $175,886 $43,971 $131,915
2014 $3,287 $172,442 $43,110 $129,332
Source: Public Records

Agents Affiliated with this Home

  • David Colin

    Seller's Agent in 2024

    David Colin

    HomeSmart

    (760) 702-4908

    6 in this area

    133 Total Sales

    David Colin
    Section Image

  • O

    Buyer's Agent in 2024

    OUT OF AREA

    OUT OF AREA

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219107700

California Desert Association of REALTORS®

APN: 612-581-002

California Riverside County Coachella 92236

83624 Glendora Ridge Ave, Coachella, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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