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13020 Palm Drive

13020 Palm Drive, Desert Hot Springs, CA 92240
Property in Riverside
Local assessors in Desert Hot Springs, CA have categorized 13020 Palm Drive as a commercial type of property. The home was built in 1776 and is 248 years old. The property's lot size has been calculated to be 17,424 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 13020 Palm Drive is a 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry 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, 13020 Palm Drive was last sold in Oct 2, 2014 for $3,350,000. According to our calculations, that's $650.74 per sqft. Prior to that sales transaction, the property was sold for $1,600,000 in Jan 6, 2004. Current property owners are expected to pay $15,535 in taxes per year. The property on 13020 Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,081,241. To break that down further, the land itself was valued at $160,565. While improvements to the property were assessed at a total of $920,676. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1776
  • Effective Year Built: 1776
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 5,148
  • Gross Building Area: 5,148
  • Building Area: 5,148
  • 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: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Land Acres: 0.4
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: .40 ACRES NET IN PAR 3 PM 088/012 PM 16668

Ownership

  • Current Owner : DESERT HOT SPRINGS PLAZA LLC
  • Previous Owner : TERAN FRANK P
  • Previous Owner 2: TERAN REBECCA Y
  • Owner Before Previous Owner: ENOCHS DUANE C
  • Owner Before Previous Owner 2: ENOCHS AGNES L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044510

Zoning

  • Zoning: C

Geography

  • Assessors Map Reference: 16668
  • Subdivision Tract Number: 2
  • Parcel: 641-261-018
  • Lot: 3
  • Municipality: DESERT HOT SPRINGS
  • Latitude: 33.9537
  • Longitude: -116.5

    Address

  • Full Address: 13020 Palm Dr
  • Address - House Number: 13020
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Desert Hot Springs
  • Carrier Code: C001
  • 4-Digit Zip Code: 5947
  • Zip Code: 92240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,535
  • Tax Rate Code Area: 014-028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Feb 26, 2015
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,081,241
  • Assessed Land Value: $160,565
  • Assessed Improvements Value: $920,676

    Sales

  • Current Sale Contract Date: Oct 02, 2014
  • Current Sale Recording Date: Feb 26, 2015
  • Current Sale Transaction ID: 1039845824
  • Current Sale Price: $3,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015-0076829
  • Previous Sale Recording Date: Jan 15, 2004
  • Previous Sale Contract Date: Jan 06, 2004
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Feb 26, 2015
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: DUANE & AGNES ENOCHS FAMILY TR
  • Previous Mortgage Transaction Date: Jan 15, 2004
  • Previous Mortgage Loan Amount: $950,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

About Desert Hot Springs



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Frequently Asked Questions

What neighborhood is 13020 Palm Drive located in?
The 13020 Palm Drive is a located in the neighborhood of Riverside in Desert Hot Springs, Desert Hot Springs.
What is the average sales price for listings in 13020 Palm Drive?
The average sales price for units in 13020 Palm Drive is $0 currently.

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