NOT LISTED FOR SALE

78400 Avenue 41 Bermuda Dunes, CA 92203

Estimated Value: $788,217 - $828,000

2.31 Acres
$349,829 Price per Acre
100,624 Sq Ft Lot

Last Sold April 08, 2024

Last sale price $800,000

Est. 1% increase in value since last sale

Current estimated payment $4,883/month

188 Days on Market

Highlights

  • Horse Property
  • 100,624 Sq Ft lot
  • Rectangular Lot
  • James Monroe Elementary School Rated A-
  • Mountain View
  • Chain Link Fence

About This Lot

As of April 2024

Amazing Location! This massive 2.31-acre parcel resides just minutes from Avenue 42 and Washington Street in beautiful Bermuda Dunes. A pristine lot with fabulous mountain views, this parcel is zoned ''Equestrian'' and is amongst some of the most gorgeous custom estates in the city, just minutes from the I-10 freeway and Bermuda Dunes Airport (Crown Aero). The lot has access to natural gas, well-water from Myoma Water Company, and electricity provided by Imperial Irrigation. Please note, that there are three enclosed structures on the property, but none have been permitted. With only a short 20-minute ride to the Coachella Valley HITS International Horse Jumping facility, the Empire and Eldorado Polo clubs, and the incredible new Acrisure Arena, this opportunity will not last as there simply are very few parcels like it left. Please call me today for further details and access.

Last Listed By

Sylvia Gaffney

Desert Sands Realty License #01277751 Listed on: 09/13/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,574

Lot Details

  • 2.31 Acre Lot
  • Chain Link Fence
  • Rectangular Lot
  • Paved or Partially Paved Lot

Property Views

  • Mountain Views

Outdoor Features

  • Electricity Available at Street
  • Horse Property

Utilities

  • Private Water Source
  • Well
  • Septic Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 607040021

Property Details

Property Type

Land

Est. Annual Taxes

$4,574

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.8000
  • View Type: Mountain(s)
  • Water District Name: MYOMA
  • Internal Listing I D: 20230913182154173251000000
  • Listing I D: 219099846
  • Listing Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 78411 HWY 111, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Chain Link
  • View: Yes

Utilities

  • Sewer: Septic Tank, Unknown
  • Water: Private, Well
  • Utilities: Electricity Available, Water Available, Phone Available, In Street
  • Water Well: Yes

Lot Info

  • Assessor Parcel Number: 607040021
  • Lot Size: 100624.00
  • Lot Features: Fenced, Horse Property, Street Paved, Rectangular Lot

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Apr 5, 2024
Sold by
Lo Ernest and Lo Traci
Bought by
Desert Christian Academy
Seller's Agent
Sylvia Gaffney
Desert Sands Realty
Buyer's Agent
Justin Smith
Capitis Real Estate
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%
Total Days on Market
188
Views
92
Current Estimated Value
$808,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,109
Avg. Annual Appreciation
0.97%

Purchase Details

Listed on
Jan 3, 2014
Closed on
Mar 19, 2014
Sold by
French Daniel V and French Hayley A
Bought by
Lo Ernest and Lo Traci
Seller's Agent
Joshua Devane
Coldwell Banker Residential Brokerage
Buyer's Agent
Sondra Andersen
Coldwell Banker Residential Brokerage
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Oster Michael D
Bought by
French Daniel and French Hayley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Moscrop Wendy L
Bought by
Moscrop Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2001
Sold by
Taylor Teri
Bought by
Moscrop Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1999
Sold by
Taylor Robert
Bought by
Taylor Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1999
Sold by
Bryant Travis N and Bryant Lois J
Bought by
Taylor Teri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.72%
Mortgage Type
Purchase Money Mortgage

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
Desert Christian Academy $800,000 Ticor Title Company
Lo Ernest $310,000 Equity Title Orange County
French Daniel $585,000 Fidelity Natl Title Ins Co
Moscrop Mark J -- Stewart Title
Moscrop Mark J $250,000 Stewart Title
Taylor Teri -- Chicago Title Co
Taylor Teri $220,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner French Daniel $409,000
Previous Owner Oster Michael D $30,000
Previous Owner Oster Michael D $375,000
Previous Owner Moscrop Mark J $190,000
Previous Owner Taylor Teri $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $800,000 -20.0% --
03/19/2024 03/19/24 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,000,000 +222.6% --
04/15/2014 04/15/14 Sold $310,000 -11.2% --
01/03/2014 01/03/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $349,000 -- --
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 $4,574 $365,252 $345,228 $20,024
2022 $4,387 $358,091 $338,459 $19,632
2021 $4,301 $351,071 $331,823 $19,248
2020 $4,218 $347,472 $328,421 $19,051
2019 $4,136 $340,660 $321,982 $18,678
2018 $4,056 $333,981 $315,668 $18,313
2017 $3,972 $327,433 $309,479 $17,954
2016 $3,874 $321,013 $303,411 $17,602
2015 $3,890 $316,193 $298,854 $17,339
2014 $2,717 $220,311 $203,921 $16,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219099846

California Desert Association of REALTORS®

APN: 607-040-021