66665 1St St Desert Hot Springs, CA 92240

$160,000 Sold Price as of 03/07/2003

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$160,000 Sold Price as of 03/07/2003 Refinance Your Mortgage

Map preview of 66665 1St St, Desert Hot Springs, CA 92240

Property Overview: 66665 1St St Desert Hot Springs, CA has -- bedrooms, -- bathrooms, -- living square feet and 13,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

66665 1St St is currently an off market home in the city of Desert Hot Springs. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Desert Hot Springs has a median list price of $425,000. The median price per/sqft for Desert Hot Springs is $264. With those numbers in mind, if you are looking to purchase a median priced home in Desert Hot Springs, CA and put 20% down you will need to save up $85,000 for the down payment and will need roughly $8,500 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Desert Hot Springs the commission could be as much as $19,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 66665 1St St

Last sold for $160,000 on March 7th, 2003

December, 2022
Dec 1, 2022

Date

Expired

CRMLS: 219070191DA

$609,900

Price
Nov 11, 2021

Date

Active

CRMLS: 219070191DA

$699,000

Price
Listing provided courtesy of CRMLS

Well maintained fourplex with pool located near the heart of downtown Desert Hot Springs including a vacant lot adjacent next door west. Add more units or ADU (Accessory Dwelling Units) potential. New roof, replastered pool and remodeled units make for an interesting mix of long term tenants and short term vacation rentals. The property consists of one 2bd/2ba unit and three studio units. The studios, offered furnished, have been successfully rented on AirBnB with Property Management included in the sale if desired. CAP rate is 5.80% with both long term tenant and short term vacation rental income. Continue with mixed use or rent all units long term (see Projected Rent Roll). Income, Expenses, Rent Roll Statements, both current and projected, along with and AirBnB Transaction History and website links available upon request along with details regarding ADUs.

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March, 2003
Mar 7, 2003

Date

Sold (Public Records)

Public Records

$160,000

Price
November, 2001
Nov 7, 2001

Date

Sold (Public Records)

Public Records

$123,000

Price

Tax History for 66665 1St St

Assessed Value (2020): $211,868

Year	Land Value	Improved Value	Assessed Value
2020	$43,029	$168,839	$211,868

About 66665 1St St

Detailed summary of property

66665 1St St is categorized with a use code of Apartment House (5+ Units) in Desert Hot Springs, CA 92240 and last sold on March 7, 2003 for $160,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 13,503 square foot lot. Homes in Desert Hot Springs are selling for a median price of $390,000 and a median price per square foot of $259. Based on Ardent Real Estate Group's Desert Hot Springs Market Data, this home is sold 58.97% lower than the current median priced home. 66665 1St St was last sold on March 7, 2003 for $160,000. Local nearby listings include 1429 E Laurelwood Dr, 25546 Amanda St and 25760 Argyle Court. The average home in Desert Hot Springs, CA is selling in 122 days. There are currently 243 homes for sale in the Desert Hot Springs real estate market and 234 of them are single family homes while 9 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 66665 1St St Desert Hot Springs, CA 92240 contact Ardent Real Estate Group and we will put you in touch with one of our Desert Hot Springs agents.

Public Facts for 66665 1St St

Public county record property details

Beds: --
Baths: --
Year built: 1962
Sq. Ft.: --
Lot Size: 13,503
Stories: 1

Type: Apartment House (5+ Units)
Pool: Yes
Spa: No
County: Riverside
Lot#: 10,11
APN: 639-294-022

The source for these homes facts are from public records.

92240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$419,000

Median List Price/Sq.Ft.

$263

Median Sold Price

$385,000

Median Sold Price/Sq.Ft.

$253

Total Inventory

224

Median Sale to List Price %

98.97%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (15.63%), VA (12.5%), Cash (21.88%), Other (12.5%)

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