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16650 Palm Drive

16650 Palm Drive, Desert Hot Springs, CA 92240
Property in Dos Palmas
1 Units For Sale
Unit for sale at 16650 Palm Drive, Desert Hot Springs, CA 92240

$600,000

  • Commercial
  • 1,600 ft²
16650 Palm Drive, Desert Hot Springs, CA 92240 Listing by Ronald Cahill

16650 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 1983 and is 41 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 37,462 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16650 Palm Drive sold most recently in Feb 17, 2022 for a total of $525,000. If you work out the math, that's approximately a cost of $375.00 per sqft. Before that, the property was also sold for $400,000 in Apr 15, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,710 in taxes each year. The initial year of tax delinquency occurred in 2017. 16650 Palm Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $446,204. If we break it down further, the land itself was valued at $150,593. Improvements to the property, however, were assessed at a total of $295,611. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!

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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 37,462
  • Total Building Area: 1,400
  • Gross Building Area: 1,400
  • Building Area: 1,400
  • 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: DOS PALMAS TR
  • Land Acres: 0.86
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • Legal Description 1: .86 ACRES IN LOTS 9 & 10 MB 021/049 DOS PALMAS TR

Ownership

  • Current Owner : TURCO JERRY
  • Current Owner 2: TURCO TRACY
  • Previous Owner : MICHAEL DACOLIAS
  • Owner Before Previous Owner: KIM TONY KYUNG SOO
  • Owner Before Previous Owner 2: KIM ELISHA
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 08, 2024

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044515

Zoning

  • Zoning: W2

Geography

  • Parcel: 657-111-013
  • Lot: 9
  • Municipality: PALM SPRINGS
  • Latitude: 33.9276
  • Longitude: -116.501

    Address

  • Full Address: 16650 Palm Dr
  • Address - House Number: 16650
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Desert Hot Springs
  • Carrier Code: C020
  • 4-Digit Zip Code: 7289
  • Zip Code: 92240

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,710
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 061-129

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: DACOLIAS MICHAEL
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Loan Amount: $325,000
  • 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: $446,204
  • Assessed Land Value: $150,593
  • Assessed Improvements Value: $295,611

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Transaction ID: 11883989782
  • Current Sale Price: $525,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 155354
  • Previous Sale Recording Date: Mar 28, 2017
  • Previous Sale Contract Date: Apr 15, 2016
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: DACOLIAS MICHAEL
  • First Mortgage Transaction Date: Mar 31, 2022
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back

    Previous Mortgages

  • Previous Mortgage Lender: TONY KYUNG SOO KIM ETAL
  • Previous Mortgage Transaction Date: Mar 28, 2017
  • Previous Mortgage Loan Amount: $325,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Dos Palmas



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 16650 Palm Drive located in?
The 16650 Palm Drive is a located in the neighborhood of Dos Palmas in Dos Palmas, Desert Hot Springs.
How many listings are currently for sale in 16650 Palm Drive?
There is a listing currently on the market for sale.
What is the average sales price for listings in 16650 Palm Drive?
The average sales price for units in 16650 Palm Drive is $600,000 , or $375/sqft. currently.

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