NOT LISTED FOR SALE

1523 Shangrila Joshua Tree, CA 92252

Estimated Value: $516,000 - $629,000

2 Beds
1 Bath
900 Sq Ft
$664/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $272,200 $302 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,678/month

40 Days on Market

Highlights

  • Desert View
  • Attached Garage
  • Shed

About This Home

As of October 2021

Calling all investors, visionaries and opportunity seekers! The possibilities are endless with this 2 bed 1 bath cabin-like home the heart of Joshua Tree located on 5 usable acres of breathtaking desert landscape. Easily accessible and not too far from the shops and restaurants in booming downtown Joshua Tree, this charming fixer awaits your vision. It definitely needs TLC and repairs but currently has working electricity / water and comes with a septic cert so some of the heavy lifting is done! The lot also has other unfinished structures that could potentially be turned into creative spaces or a dream desert compound! With endless canyon views, tons of character and a prime location this is the hidden gem you've been waiting for.

Last Agent to Sell the Property

Jessica Romero

Keller Williams Realty License #01920921 Listed on: 08/26/2021

Keller Williams Realty

Last Buyer's Agent

Cam Wortman

C & S Real Estate, Inc. License #01980003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 1956

Lot Details

  • 5 Acre Lot
  • Property is zoned JT/RL-5

Parking

  • Attached Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 900 Sq Ft Home
  • Living Room with Fireplace
  • Desert Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Shed

Community Details

  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0631162150000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,188

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-105
  • View: Yes
  • Zoning: JT/RL-5
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0631162150000
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 900.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 302.44

Exterior Features

  • Other Structures: Shed(s)
  • View: Desert

Garage/Parking

  • Attached Garage: Yes

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 217800.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Oct 15, 2021
Sold by
Two Weeks Inc
Bought by
Tk Property Holdings Llc
Seller's Agent
Jessica Romero
Keller Williams Realty
Buyer's Agent
Cam Wortman
C & S Real Estate, Inc.
List Price
$299,000
Sold Price
$272,200
Premium/Discount to List
-$26,800
-8.96%
Current Estimated Value
$597,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,354
Avg. Annual Appreciation
23.89%

Purchase Details

Listed on
Oct 16, 2020
Closed on
Feb 5, 2021
Sold by
Metaxas Elaine
Bought by
Two Weeks Inc
Seller's Agent
Jasmine Farrow
Sotheby's International Realty
Buyer's Agent
Jessica Romero
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.31%

Purchase Details

Closed on
Oct 6, 2017
Sold by
Myers Randy A
Bought by
Metaxas Elaine

Purchase Details

Closed on
Jan 3, 1997
Sold by
Larson Peter and Larson Joy
Bought by
Lund Leila J and Myers Randy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
7.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 17, 1995
Sold by
Aguayo Jesus D
Bought by
Larson Peter and Larson Joy
Source: Public Records

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Range of Values:

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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
Tk Property Holdings Llc $272,500 Wfg National Title Company
Two Weeks Inc $200,000 Wfg National Title Co Of Ca
Metaxas Elaine $80,500 Fidelity National Title
Lund Leila J $12,000 Chicago Title Co
Larson Peter $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tk Property Holdings Llc $305,000
Previous Owner Lund Leila J $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $272,200 -9.0% $302 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $299,000 +49.5% $332 / Sq Ft
02/10/2021 02/10/21 Sold $200,000 0.0% $222 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $200,000 0.0% $222 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $200,000 -- $222 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $4,188 $311,489 $93,636 $217,853
2023 $3,805 $277,440 $91,800 $185,640
2022 $3,734 $272,000 $90,000 $182,000
2021 $1,589 $84,620 $21,549 $63,071
2020 $1,579 $83,752 $21,328 $62,424
2019 $1,636 $82,110 $20,910 $61,200
2018 $1,567 $80,500 $20,500 $60,000
2017 $704 $25,263 $7,018 $18,245
2016 $698 $24,767 $6,880 $17,887
2015 $900 $24,395 $6,777 $17,618
2014 -- $23,917 $6,644 $17,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320007192

California Regional Multiple Listing Service (CRMLS)

APN: 0631-162-15