NOT LISTED FOR SALE

98901 Granada Way Mecca, CA 92254

Estimated Value: $161,000 - $325,000

3 Beds
1 Bath
1,008 Sq Ft
$255/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $58,000 $58 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $1,521/month

10 Days on Market

Highlights

  • Water Views
  • 1-Story Property
  • 2 Car Garage
  • Tile Flooring

About This Home

As of May 2014

Great opportunity to own this adorable HUD home with FABULOUS views! 3 bedrooms 1 bath, tiled floors with upgraded accents, RV parking and so much potential! State law requires Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Property is connected to a septic system. Any required septic system repairs will be the buyers expense. Repairs: Repair broken windows, Repair drywall damage, Repair damaged door, Repair garage door, Repair leaking toilet, Missing Carbon Monoxide detectors, Remedy exposed wires, Replace missing HVAC.For overbidding and/or escrow repair information, please see attached Overbidding and Escrow'' MLS addendum.

Last Agent to Sell the Property

Maria Richards

Weichert Realtors-Preferred License #01465668 Listed on: 03/21/2014

Weichert Realtors-Preferred

Last Buyer's Agent

Luis Frias

License #01480322

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1993

Lot Details

  • 6,098 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 721214012

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA310
  • List Price per Sq Ft: 53.47
  • Lp Sp Ratio: 1.0761
  • View Type: Water
  • Year Built: 1993
  • Listing I D: 214011232
  • Listing Member Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Address: 43100 Cook St., #104, Palm Desert, CA 92211
  • Listing Office Fax: (760) 469-4606
  • Selling Member Address: 81730 Hwy 111 Suite 5, Indio, CA 92201
  • Selling Member Fax: (760) 863-5010
  • Selling Office Address: 81730 Hwy 111 Suite 5, Indio, CA 92201
  • Selling Office Fax: (760) 863-5010
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 1008.00

Exterior Features

  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Lot Info

  • Assessor Parcel Number: 721214012
  • Lot Acres: 0.1400
  • Lot Size: 6098.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2014
Closed on
May 14, 2014
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Bermudez Hector Miguel and Bermudez Ana Maria
Seller's Agent
Maria Richards
Weichert Realtors-Preferred
Buyer's Agent
Luis Frias
List Price
$53,900
Sold Price
$58,000
Premium/Discount to List
$4,100
7.61%
Current Estimated Value
$263,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,766
Avg. Annual Appreciation
14.66%
Original Mortgage
$56,622
Outstanding Balance
$45,189
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$224,774

Purchase Details

Closed on
Sep 6, 2012
Sold by
Bank Of America Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Aguilar Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,822
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2008
Sold by
Garcia Francisco and Garcia Juana
Bought by
Deutsche Bank National Trust Co and Saxon Asset Securities Trust 2006-2

Purchase Details

Closed on
Sep 9, 1993
Sold by
Coachella Valley Housing Coalition
Bought by
Garcia Francisco and Garcia Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.25%

Purchase Details

Closed on
Sep 3, 1993
Sold by
Miller Charles L
Bought by
Coachella Valley Housing Coalition

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,500
Interest Rate
7.25%
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
Bermudez Hector Miguel $59,000 Lawyers Title
The Secretary Of Housing & Urban Develop -- Landsafe Title
Bank Of America Na $69,910 Landsafe Title
Aguilar Oscar $65,000 Fidelity National Title
Deutsche Bank National Trust Co $157,639 None Available
Garcia Francisco $7,500 Stewart Title Co
Coachella Valley Housing Coalition $4,500 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bermudez Hector Miguel $56,622
Previous Owner Aguilar Oscar $63,822
Previous Owner Garcia Francisco $184,500
Previous Owner Garcia Francisco $45,000
Previous Owner Garcia Francisco $85,500
Previous Owner Garcia Francisco $56,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $58,000 +7.6% $58 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $53,900 -- $53 / 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 $921 $72,312 $18,073 $54,239
2023 $921 $69,506 $17,372 $52,134
2022 $899 $68,144 $17,032 $51,112
2021 $884 $66,809 $16,699 $50,110
2020 $874 $66,125 $16,528 $49,597
2019 $859 $64,829 $16,204 $48,625
2018 $842 $63,559 $15,888 $47,671
2017 $840 $62,314 $15,577 $46,737
2016 $805 $61,093 $15,272 $45,821
2015 $770 $60,178 $15,044 $45,134
2014 $566 $43,194 $11,049 $32,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214011232

California Desert Association of REALTORS®

APN: 721-214-012