NOT LISTED FOR SALE

87 Desert Shores Dr Thermal, CA 92274

Estimated Value: $47,652

3 Beds
1 Bath
960 Sq Ft
$50/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $30,000 $31 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $372/month

366 Days on Market

Highlights

  • Corner Lot
  • Views
  • 1-Story Property

About This Home

As of October 2019

Price Reduction!! Great Unique Commercial building for sale!!! In Desert Shores. Excellent opportunity property is a large open corner lot, mix of retail shop, hair salon, thrift store, child care, etc...This free standing building offers a great opportunity to be successful on your ideal business. Good location in a traffic street, near other markets. Owner will Carry with a good down payment.

Last Agent to Sell the Property

Juan Carlos Nuno

Realty World Coachella Valley License #01702201 Listed on: 09/20/2018

Last Buyer's Agent

Juan Carlos Nuno

Realty World Coachella Valley License #01702201

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 1977

Lot Details

  • 10,591 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 4 Carport Spaces
  • 16 Car Parking Spaces

Location

  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 001072015

Community Details

Overview

  • Desert Shores Subdivision

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,368

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: Ground, One
  • Price Per Unit: 60000.00
  • Builders Tract Code: Desert Shores
  • List Price per Sq Ft: 62.50
  • Lp Sp Ratio: 0.5000
  • Year Built: 1977
  • Internal Listing I D: 20190608184817555065000000
  • Listing I D: 218026260
  • Listing Office Address: 81953 Highway 111, Ste. 4, Indio, CA 92201
  • Listing Office Fax: (760) 347-3305
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 81953 Highway 111, Ste. 4, Indio, CA 92201
  • Selling Office Fax: (760) 347-3305
  • Land Type: Fee
  • Subdivision: Desert Shores
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 1.00
  • Estimated Sq Ft: 960.00

Exterior Features

  • View: Yes

Garage/Parking

  • Parking Info Total Carport Spaces: 4.00
  • Parking Info Total Parking Spaces: 16.00

Utilities

  • Number Electric Meters: 1
  • Number Water Meters: 1
  • Sewer: Unknown
  • Number Gas Meter: 1

Lot Info

  • Assessor Parcel Number: 001072015
  • Lot Location: Corner Lot
  • Lot Size: 10591.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2018
Closed on
Oct 2, 2019
Sold by
Mora Filimon
Bought by
Mora Laura Elena
Seller's Agent
Juan Carlos Nuno
Realty World Coachella Valley
Buyer's Agent
Juan Carlos Nuno
Realty World Coachella Valley
List Price
$60,000
Sold Price
$30,000
Premium/Discount to List
-$30,000
-50%
Current Estimated Value
$47,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,652
Avg. Annual Appreciation
5.88%

Purchase Details

Listed on
Sep 20, 2018
Closed on
Sep 30, 2019
Sold by
Perez Armando
Bought by
Mora Laura Elena
Seller's Agent
Juan Carlos Nuno
Realty World Coachella Valley
Buyer's Agent
Juan Carlos Nuno
Realty World Coachella Valley
List Price
$60,000
Sold Price
$30,000
Premium/Discount to List
-$30,000
-50%

Purchase Details

Closed on
Dec 23, 2014
Sold by
Vassiliades Angelos and Vassiliades Margit
Bought by
Perez Armando

Purchase Details

Closed on
Oct 6, 1997
Sold by
Craycraft Donna Sue
Bought by
Vassiliades Margit
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
Mora Laura Elena -- Ticor Title
Mora Laura Elena $30,000 Ticor Title
Perez Armando $40,000 Orange Coast Title Company
Vassiliades Margit $40,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Armando $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $30,000 -50.0% $31 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $60,000 0.0% $63 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $60,000 -14.3% $63 / Sq Ft
04/13/2019 04/13/19 For Sale $70,000 0.0% $73 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
03/27/2019 03/27/19 Price Changed $70,000 -22.2% $73 / Sq Ft
09/20/2018 09/20/18 For Sale $90,000 -- $94 / 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 $1,368 $32,804 $6,560 $26,244
2023 $1,368 $31,532 $6,306 $25,226
2022 $1,138 $30,915 $6,183 $24,732
2021 $1,131 $30,310 $6,062 $24,248
2020 $1,127 $30,000 $6,000 $24,000
2019 $1,333 $43,092 $15,406 $27,686
2018 $1,274 $42,248 $15,104 $27,144
2017 $1,328 $41,420 $14,808 $26,612
2016 $1,161 $40,609 $14,518 $26,091
2015 $1,270 $53,129 $13,279 $39,850
2014 -- $52,089 $13,019 $39,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218026260

California Desert Association of REALTORS®

APN: 001-072-015-000