NOT LISTED FOR SALE

873 Palm Ave Beaumont, CA 92223

Estimated Value: $428,000 - $452,775

3 Beds
2 Baths
1,132 Sq Ft
$390/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $425,000 $375 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,794/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • No HOA
  • Open Floorplan
  • Main Floor Bedroom
  • Beamed Ceilings

About This Home

As of July 2023

Located in the heart of downtown Beaumont on the historic & infamous Palm Avenue, this desirable property has so much to offer and a lot of potential. The exterior features a new roof, new evaporative cooler, new exterior paint, and new vinyl fence with a large rolling gate in the backyard that is accessible from the alley way. This offers potential RV parking, space for an ADU with private access, or just additional parking. The drought-resistant landscaping is great for low maintenance and tolerant to those hot California summers. Once inside, the open floorplan makes the home seem bigger than it is. Beautiful wood laminate floors cover the common areas and secondary bedrooms. The master bedroom, once the garage, offers an open beamed ceiling providing a grand space for the main bedroom. And to top it off, the indoor laundry and utility room is a desirable feature that isn't common in homes of this age. Although the home hasn't been completely remodeled, it is a great opportunity for the new owner to come in and make it their own and add their personal touch. Additionally, with low taxes and no HOA, this home is perfect for first-time homebuyers, investors, those on a fixed income, or anyone looking for a fantastic deal! This property is ideally located near the 60 & 10 freeway split, providing convenient access to work and recreation no matter what direction you go in. We expect this home to sell quick with all the potential it has to offer in this very competitive market, so don't wait to come check it out!

Last Agent to Sell the Property

Christopher Leeper

COLDWELL BANKER TOWN & COUNTRY License #01881634 Listed on: 06/23/2023

COLDWELL BANKER TOWN & COUNTRY

Last Buyer's Agent

Sara Griffin

THE ASSOCIATES REALTY GROUP License #01770296

THE ASSOCIATES REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 1967

Lot Details

  • 9,148 Sq Ft Lot
  • Desert faces the front of the property
  • Property fronts an alley
  • Vinyl Fence
  • Rectangular Lot
  • Level Lot
  • Back Yard
  • Property is zoned R3

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wainscoting
  • Beamed Ceilings
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Free-Standing Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Mirrored Closets Doors
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Parking

  • Driveway
  • On-Street Parking
  • RV Access or Parking

Outdoor Features

  • Tile Patio or Porch
  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Central Heating

Community Details

  • No Home Owners Association
  • Solera Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 56
  • Tax Tract Number 2027
  • Assessor Parcel Number 415311015
  • $64 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,486

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Solera (SLRA)
  • View: Yes
  • Zoning: R3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 415311015
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1132.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Open Floorplan, Wainscoting
  • Stories: 1
  • Entry Location: living room
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 375.44
  • Room Type: Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Main Floor Full Bath

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Tile
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking Features: Driveway, RV Access/Parking, Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Beaumont

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Desert Front, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 9148.00
  • Lot Size Acres: 0.2100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9148.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 56
  • Tax Census Tract: 439.00
  • Tax Lot: 3
  • Tax Tract Number: 002027
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 5, 2023
Sold by
Doughton Kenneth E and Doughton Tina L
Bought by
Elguera Julia and Gardner David
Seller's Agent
Christopher Leeper
COLDWELL BANKER TOWN & COUNTRY
Buyer's Agent
Sara Griffin
THE ASSOCIATES REALTY GROUP
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Views
30
Current Estimated Value
$441,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,944
Avg. Annual Appreciation
1.76%
Original Mortgage
$246,743
Outstanding Balance
$240,857
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$201,087

Purchase Details

Closed on
Mar 16, 2018
Sold by
Doughton Tina L and Myers Tina L
Bought by
Doughton Kenneth E and Doughton Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2006
Sold by
Myers Gary E
Bought by
Myers Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2002
Sold by
Maxwell Robert L and Maxwell Lenora M
Bought by
Myers Gary E and Myers Tina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,981
Interest Rate
6.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1998
Sold by
Maxwell Robert and Maxwell Lenora
Bought by
Maxwell Robert L and Maxwell Lenora M
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
Elguera Julia $425,000 Ticor Title
Doughton Kenneth E -- Pacific Coast Title
Myers Tina L -- Ticor Title Company Of Ca
Myers Gary E $130,000 First American Title Ins Co
Maxwell Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elguera Julia $246,743
Previous Owner Doughton Kenneth E $160,000
Previous Owner Myers Tina L $210,000
Previous Owner Myers Gary E $127,981
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $425,000 0.0% $375 / Sq Ft
06/27/2023 06/27/23 Off Market $425,000 -- --
06/26/2023 06/26/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $400,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,486 $433,500 $25,500 $408,000
2023 $5,486 $179,551 $48,709 $130,842
2022 $2,310 $176,031 $47,754 $128,277
2021 $2,264 $172,580 $46,818 $125,762
2020 $2,239 $170,811 $46,338 $124,473
2019 $2,203 $167,463 $45,430 $122,033
2018 $2,192 $164,181 $44,541 $119,640
2017 $2,155 $160,963 $43,668 $117,295
2016 $2,097 $157,808 $42,812 $114,996
2015 $2,061 $155,440 $42,170 $113,270
2014 $2,060 $152,397 $41,345 $111,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23111212

California Regional Multiple Listing Service (CRMLS)

APN: 415-311-015