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| Updated: 04/21/12
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| 2123 N Blando Rd. PALM SPRINGS, CA 92262 |
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96% Over Base Market Value
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| Price: |
| Base Market Value: |
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| Key Comparable Statistics |
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| Comparable Listings: |
| List Price -vs- : |
| Dollar Spread -vs- : |
| Price/Sq Ft -vs- : |
| Base Value -vs- : |
| House Sq Ft: |
| Bedrooms: |
| Bathrooms: |
| Lot Acreage: |
| Year Built: |
| Garage: |
| Pool: |
| Spa: |
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| 2123 N BLANDO RD |
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| -- |
| $184,900 |
| $40,320
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| $149.72 |
| $94,171 |
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1235 |
| 3 |
| 2 |
| 0.23 |
| 1962 |
| 0 |
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No | | No |
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| -vs- 92262 |
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| 17.9% Below
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| -- |
| 7.41% Below
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| 96.35% Above
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118.8 Sqft Less |
| -- |
| -- |
| 0.012 Acre Less |
| Newer than AVG |
| -- |
| -- |
| -- |
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| COMPARABLES IN 92262 |
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| 10 |
| $225,220 |
| -- |
| $162.06 |
| -- |
| 1353.8 |
| 3.2 |
| 2.3 |
| 0.242 |
| 1960.9 |
| 1.4 |
| 10% |
| 0% |
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| Value |
Address |
Price |
Price/SQFT |
SQ FT |
Bed |
Bath |
Dist. |
Lot Size |
Year Built |
Compare 1 on 1 |
Exclude |
Save |
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743 WEST ROSA PARKS RD |
S:
$38,500 |
$30.85 |
1248 |
3 |
3 |
1.7mi |
0.23 |
1961 |
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596 WEST SUNVIEW AVE |
C:
$40,000 |
$33.90 |
1180 |
3 |
2 |
1.7mi |
0.22 |
1964 |
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765 WEST ROSA PARKS ROAD |
A:
$49,000 |
$39.26 |
1248 |
3 |
2 |
1.7mi |
0.23 |
1960 |
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595 EAST SIMMS RD |
C:
$135,000 |
$92.72 |
1456 |
3 |
2 |
0.7mi |
0.25 |
1963 |
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466 EAST MOLINO RD |
A:
$215,000 |
$147.66 |
1456 |
3 |
2 |
0.8mi |
0.25 |
1963 |
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810 EAST SPENCER DRIVE |
A:
$289,900 |
$236.65 |
1225 |
3 |
2 |
0.2mi |
0.23 |
1959 |
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675 EAST RACQUET CLUB RD |
C:
$295,000 |
$240.82 |
1225 |
3 |
2 |
0.3mi |
0.23 |
1959 |
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669 NORTH JUANITA DR |
C:
$335,900 |
$220.99 |
1520 |
4 |
3 |
1.7mi |
0.27 |
1960 |
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649 NORTH FARRELL DR |
A:
$424,900 |
$262.28 |
1620 |
4 |
3 |
1.6mi |
0.24 |
1960 |
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683 NORTH JUANITA DR |
A:
$429,000 |
$315.44 |
1360 |
3 |
2 |
1.7mi |
0.27 |
1960 |
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MM: Model Match
A: Active
E: Extended
C: Contingent
P: Pending
S: Sold
X: In-Active
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| About 2123 N Blando Rd and the Comparable Group of Properties in PALM SPRINGS, 92262 : |
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The 10 PALM SPRINGS, CA 92262 property listings in the chart above make up the comparable group of properties for the subject listing at 2123 N Blando Rd, PALM SPRINGS, CA 92262. These 10 homes have been collected because they are either for sale or recently sold within the last 6 months, and are termed "comparable properties" of 2123 N Blando Rd because they have been found to be close matches in terms of property type, living square footage, lot size, year built, property amenities and proximity to the subject property at 2123 N Blando Rd. |
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PropertyHookup.com has evaluated over 36 key features of these properties based on the fundamental components that make up real estate value. We compare and contrast the features of the subject property at 2123 N Blando Rd with the individual value components of this peer group of comparable properties and determine a value of each of the key features. We then weight the value of each feature of 2123 N Blando Rd and combine them to build a total estimated base valuation for the subject property. The base market value of $94,171 is a LOW WEIGHTED SUM of the values of these 36 individual key features. |
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The 1,235 square foot property located at 2123 N Blando Rd in PALM SPRINGS, CA 92262 features 3 bedrooms and 2 bathrooms on a 0.230 Acre parcel. The property was built in 1962 and has a price of $184,900 as of 04/21/12.
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PropertyHookup.com's proprietary real estate software has identified current real estate data on the 10 similar comparable properties listed above that are located in the in the local PALM SPRINGS, CA 92262 area. These 10 comparable properties have an average price of $225,220, feature an average living square footage of 1353.8 on a lot size of 0.24 built around 1961. These properties feature 3.2 bedrooms and 2.3 bathrooms priced at an average interior living space square footage price of $162.06 per square foot.
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Now, when 2123 N Blando Rd is compared to this peer group of 10 properties at an average price of $225,220, a Base Value of $94,171 and an average price per square foot of $162.06, the price of $184,900 at $149.72 per square foot for the property at 2123 N Blando Rd represents a -96% difference. As in any transaction, a substantial discount in price may reflect the condition of the property, so be sure to conduct your inspections and due diligence and consult a real estate professional like the local real estate agent listed below before you make ANY purchase.
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| Comparable Market Analysis for 2123 N Blando Rd and the Comparable Properties in PALM SPRINGS, 92262 : |
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The 10 PALM SPRINGS, CA 92262 property listings in the chart above compare to the subject listing at 2123 N Blando Rd, PALM SPRINGS, CA 92262 as follows:
-2123 N Blando Rd features 1,235 square feet, 3 bedrooms and 2 bathrooms on a 0.230 Acre parcel lot built in 1962.
-The 10 comparable properties in PALM SPRINGS, CA 92262 feature an average of 1353.8 square feet, 3.2 bedrooms and 2.3 bathrooms on an average 0.24 Acre parcel lot built around 1961.
-2123 N Blando Rd is priced at $184,900 compared to its base value of $94,171 which represents a -96% difference in price versus base market value. We also compare the list price of $184,900 to the average price of $225,220 for these comparable properties in PALM SPRINGS, 92262.
-2123 N Blando Rd is currently priced at $149.72 per square foot compared to the group average of $162.06 for these comparable properties in PALM SPRINGS, 92262.
Investors and home buyers can determine whether or not the property for sale at 2123 N Blando Rd is a discounted real estate listing for sale based on the 10 comparable properties above and the spread in valuations between the current list price of $184,900, the comparable Base Market Value of 2123 N Blando Rd at $94,171, and the overall average list price of $225,220 for similar comparable real estate properties for sale or recently sold in PALM SPRINGS, 92262. Once the value spread is determined, you must estimate the total cost of repairs needed to bring the property up to a basic, clean, functional, livable and salable condition, (it's "Base" condition).
We recommend you contact the local PALM SPRINGS, CA real estate professional listed below or one of our advertising/ partner members listed here on PropertyHookup.com to help you in your real estate investment venture. These professionals can provide you with added knowledge and expertise in the foreclosure/ investment/ fixer upper process. As always, we recommend you conduct your full due diligence, attend all property inspections and review a full property title report before purchasing any PALM SPRINGS, CA investment property.
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| More about real estate in PALM SPRINGS, 92262 : |
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Still searching for great real estate and discounted homes for sale in PALM SPRINGS, CA?
Search more cheap homes and greatly reduced PALM SPRINGS, CA Investment Real Estate listings for sale and Fixer Upper and Foreclosure Home Property Listings in Palm Springs, CA and 92262
Please use the property's MLS #: P816129 or the designated PropertyHookup.com Property ID #: 4337028 for the real estate listing at 2123 N Blando Rd in PALM SPRINGS, CA 92262 when contacting the qualified local PALM SPRINGS, CA real estate agent listed below or any real estate professional.
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