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12331 Palm Drive

12331 Palm Drive, Desert Hot Springs, CA 92240
12331 Palm Drive has been categorized by the local assessors in Desert Hot Springs, CA as a commercial type of property. The building on the property was first built in 1948 and is 76 years old. The building has a total of 2 stories. The area measurement of the land has been determined as 6,970 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12331 Palm Drive was last sold in Oct 17, 2022 for $330,000. According to our calculations, that's $192.87 per sqft. Prior to that sales transaction, the property was sold for $230,000 in Nov 20, 2014. Current property owners are expected to pay $5,582 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 12331 Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $225,252. To break that down further, the land itself was valued at $40,427. While improvements to the property were assessed at a total of $184,825. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220728
07/28/2022
Loft
-
1800 ft²
$350,000
bedrooms
Loft
bathrooms
-
square feet
1800 ft²
-
-
-
Penny Hildebrand
HomeSmart Professionals

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,711
  • Gross Building Area: 1,711
  • Building Area: 1,711
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: DESERT HOT SPRINGS TR 3
  • Land Acres: 0.16
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: LOT 4 BLK E MB 020/035 DESERT HOT SPRINGS TR 3

Ownership

  • Current Owner : ED VAN TRUST
  • Previous Owner : MCLEAN MALCOLM RUSSELL
  • Owner Before Previous Owner: HEMPHILL RICHARD J
  • Owner Before Previous Owner 2: HEMPHILL NORA P
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 08, 2024

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044507

Zoning

  • Zoning: C2

Geography

  • Subdivision Tract Number: 3
  • Parcel: 641-051-024
  • Block: E
  • Lot: 4
  • Municipality: DESERT HOT SPRINGS
  • Latitude: 33.959
  • Longitude: -116.502

    Address

  • Full Address: 12331 Palm Dr
  • Address - House Number: 12331
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Desert Hot Springs
  • Carrier Code: C001
  • 4-Digit Zip Code: 3915
  • Zip Code: 92240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,582
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 014-041

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,000
  • First Open Lien Mortgage Lender: MCLEAN MALCOLM
  • First Open Lien Mortgage Recording Date: Nov 16, 2022
  • First Open Lien Mortgage Loan Amount: $30,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,252
  • Assessed Land Value: $40,427
  • Assessed Improvements Value: $184,825

    Sales

  • Current Sale Contract Date: Oct 17, 2022
  • Current Sale Recording Date: Nov 16, 2022
  • Current Sale Transaction ID: 11898885943
  • Current Sale Price: $330,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 472861
  • Previous Sale Recording Date: Dec 11, 2014
  • Previous Sale Contract Date: Nov 20, 2014
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MCLEAN MALCOLM
  • First Mortgage Transaction Date: Nov 16, 2022
  • First Mortgage Loan Amount: $30,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: HEMPHILL FAMILY TRUST
  • Previous Mortgage Transaction Date: Dec 11, 2014
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Desert Hot Springs



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Frequently Asked Questions

What neighborhood is 12331 Palm Drive located in?
The 12331 Palm Drive is a located in the neighborhood of Desert Hot Springs in Desert Hot Springs, Desert Hot Springs.
What is the average sales price for listings in 12331 Palm Drive?
The average sales price for units in 12331 Palm Drive is $0 currently.

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