NOT LISTED FOR SALE

0 Nwc Palomar Ln and Cabot Rd Unit 218025162DA Desert Hot Springs, CA 92240

2.51 Acres
-- Price per Acre
109,336 Sq Ft Lot

Last Sold January 28, 2019

Last sale price $480,000

115 Days on Market

About This Lot

As of January 2019

* Just Reduced! * Zoned for cannabis cultivation * Get your regulatory permit by the end of the year * Approved CUP 26-16 for 50,212 s/f: Phase I: Interim Plan - 6,400 s/f - 19 pods plus 320 s/f office and security trailer; Phase II: 25,318 s/f - 1,800 s/f office with 23,518 s/f indoor cultivation; Phase III: 24,894 s/f * 2 Tilt-Up Buildings with 27' Clear Height * Architectural Renderings, Landscape Plan, Building Plan, Interim Grading and Paving Plan, and a Comprehensive Energy Plan included in purchase price. * 2 Cultivation Projects currently under construction on Cabot Road * ASKING PRICE: $795,000 (Reduced From $995,000)

Last Listed By

Paula Turner

Desert Pacific Properties License #00702492 Listed on: 09/11/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,566

Lot Details

  • 2.51 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 665060006

Property Details

Property Type

Land

Est. Annual Taxes

$6,566

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: NA340
  • Lp Sp Ratio: 0.6038
  • Internal Listing I D: 20190608130019930901000000
  • Listing I D: 218025162
  • Listing Member Address: 77-933 Las Montanas Rd Ste 101, Palm Desert, CA 92211
  • Listing Member Fax: (760) 578-6564
  • Listing Office Address: 77-933 Las Montanas Rd Ste 101, Palm Desert, CA 92211
  • Listing Office Fax: (760) 360-7580
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 77-933 Las Montanas Rd Ste 101, Palm Desert, CA 92211
  • Selling Member Fax: (760) 578-6564
  • Selling Office Address: 77-933 Las Montanas Rd Ste 101, Palm Desert, CA 92211
  • Selling Office Fax: (760) 360-7580
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Assessor Parcel Number: 665060006
  • Lot Acres: 2.5100
  • Lot Size: 109336.00
  • List Price per Acre: 316733.07

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Jan 10, 2019
Sold by
Yucca Mesa Holdings Llc
Bought by
Target Investment Group Llc
Seller's Agent
Paula Turner
Desert Pacific Properties
Buyer's Agent
Paula Turner
Desert Pacific Properties
List Price
$795,000
Sold Price
$480,000
Premium/Discount to List
-$315,000
-39.62%
Total Days on Market
115

Purchase Details

Closed on
Feb 21, 2017
Sold by
Shaffer Ii James B and Adamson Shaenon Kelleen
Bought by
Yucca Mesa Holdings Llc

Purchase Details

Closed on
Oct 31, 2016
Sold by
Gueramy Anthony Darius
Bought by
Yucca Mesa Holdings

Purchase Details

Closed on
May 27, 2016
Sold by
Shaffer Ii James Byron and Adamson Shaenon Kelleen
Bought by
Gueramy Anthony Darius

Purchase Details

Closed on
Feb 9, 2016
Sold by
Jacobs Todd Benjamin
Bought by
Ritt Jessica Lauren

Purchase Details

Closed on
Feb 2, 2016
Sold by
Richheimer Emily Hanna and Ritt Jessica Lauren
Bought by
Adamson Shaenon Kelleen and Shaffer Ii James B

Purchase Details

Closed on
Nov 1, 1995
Sold by
Ritt Al and Ritt Rhea
Bought by
Ritt Steven and Ritt Jessica Lauren

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
Target Investment Group Llc $480,000 Orange Coast Title Company
Yucca Mesa Holdings Llc -- None Available
Yucca Mesa Holdings -- None Available
Gueramy Anthony Darius $506,000 None Available
Ritt Jessica Lauren -- First American Title Company
Adamson Shaenon Kelleen $505,500 First American Title Company
Richheimer Emily Hanna -- First American Title Company
Ritt Jessica Lauren -- First American Title Co
Ritt Steven -- Chicago Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2019 01/28/19 Sold $480,000 -39.6% --
09/11/2018 09/11/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $795,000 -- --
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
2023 $6,566 $514,656 $514,656 $0
2022 $6,574 $504,565 $504,565 $0
2021 $6,438 $494,672 $494,672 $0
2020 $6,142 $489,600 $489,600 $0
2019 $6,606 $525,916 $525,916 $0
2018 $6,608 $525,916 $525,916 $0
2017 $6,503 $515,604 $515,604 $0
2016 $87 $3,142 $3,142 $0
2015 $85 $3,096 $3,096 $0
2014 $85 $3,037 $3,037 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Turner

    Seller's Agent in 2019

    Paula Turner

    Desert Pacific Properties

    (760) 766-0511

    23 in this area

    83 Total Sales

    Paula Turner
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 218025162

California Desert Association of REALTORS®

APN: 665-060-006

California Riverside County Desert Hot Springs 92240

0 Nwc Palomar Ln and Cabot Rd Unit 218025162DA, Desert Hot Springs, CA

Homes for Sale in Desert Hot Springs, CA

This home is located at 0 Nwc Palomar Ln and Cabot Rd Unit 218025162DA, Desert Hot Springs, CA 92240 since 11 September 2018. 0 Nwc Palomar Ln and Cabot Rd Unit 218025162DA is a home located in Riverside County with nearby schools including Two Bunch Palms Elementary School, Painted Hills Middle School, and Desert Hot Springs High School.

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.