NOT LISTED FOR SALE

50720 Twentynine Palms Hwy Morongo Valley, CA 92256

Estimated Value: $351,000 - $416,297

2 Beds
2 Baths
1,422 Sq Ft
$271/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $225,000 $158 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,310/month

99 Days on Market

About This Home

As of January 2019

Back on the market! Buyer could not get loan. LOTS of POSSIBILITIES! Sits at the rear of 5 acre parcel (with direct highway access) with 3 car garage and its own private well. Custom laid Terra Cotta ceramic tile thru out, original stone fireplace with 3 split units for A/C and propane heater. Kitchen has stainless steel propane stove, dish washer, and huge refrigerator with separate freezer, walk in pantry, small but efficient layout, and beautiful wood slab breakfast bar. Huge sun-room connects 2 bedrooms, and 2 baths. 2nd bath has laundry room with washer & dryer. Many mature trees, small pond with fish. Build your dream home while living in what eventually will become the guest house. Zoning allows for 2nd living unit to be built, power, water, and separate septic already installed from when the property had a manufactured house located by the well pump house - manufactured house has since been removed." Buyer to verify.

Last Agent to Sell the Property

Gina Moraldi

Keller Williams Luxury Homes License #01340069 Listed on: 08/10/2018

Keller Williams Luxury Homes

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,075

Year Built

1947

Lot Details

0

Parking

3

Listing Details

  • Active Date: 2018-09-21
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Building Size: 1422.0
  • Building Structure Style: Cottage
  • Driving Directions: Indian Ave or HWY 10 to HWY 62. It turns into Twentynine Palms Hwy. Property is on left hand side, just before Big Morongo Canyon.
  • Full Street Address: 50720 TWENTYNINE PALMS HWY
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2019-01-08
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Appliances: Range
  • Advertising Remarks: Back on the market! Buyer could not get loan. LOTS of POSSIBILITIES! Sits at the rear of 5 acre parcel (with direct highway access) with 3 car garage and its own private well. Custom laid Terra Cotta ceramic tile thru out, original stone fireplace with 3
  • Total Bedrooms: 2
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Living Room
  • Appliances: Dryer, Refrigerator, Washer
  • Laundry: Inside
  • Pool: No

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 217800
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Type: Garage - Three Door

Utilities

  • Cooling Type: Wall Unit(s), Ceiling Fan(s)
  • Heating Type: Wall Electric

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Jan 2, 2019
Sold by
Kerby Monica
Bought by
Kerby Donald
Seller's Agent
Gina Moraldi
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Current Estimated Value
$385,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,574
Avg. Annual Appreciation
9.00%
Original Mortgage
$220,924
Outstanding Balance
$198,837
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$201,720

Purchase Details

Listed on
Aug 10, 2018
Closed on
Dec 18, 2018
Sold by
Spinc Corp
Bought by
Phillips Jamie Kristine and Kerby Donald
Seller's Agent
Gina Moraldi
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,924
Outstanding Balance
$198,837
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$201,720

Purchase Details

Closed on
Nov 22, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Spinc Corp

Purchase Details

Closed on
May 17, 2010
Sold by
Pierce Robbie A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 25, 2009
Sold by
Morongo Oacres
Bought by
Pierce Robbie A

Purchase Details

Closed on
Dec 24, 2007
Sold by
Pierce Robbie A
Bought by
Morongo Oacres

Purchase Details

Closed on
Jul 8, 2004
Sold by
Brown Darrel
Bought by
Pierce Robbie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2003
Sold by
Vaughn Robert James
Bought by
Brown Darrel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2001
Sold by
Hays Vaughn Robert James
Bought by
Vaughn Robert James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,028
Interest Rate
7.09%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Kerby Donald -- Orange Coast Title
Phillips Jamie Kristine $225,000 Orange Coast Title
Spinc Corp $45,000 Chicago Title Company Cis
Deutsche Bank National Trust Company $112,000 Accommodation
Pierce Robbie A -- Stewart Title Of Ca Inc
Morongo Oacres -- None Available
Pierce Robbie A $232,500 Fidelity National Title Co
Brown Darrel $145,000 Fidelity National Title
Vaughn Robert James -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Jamie Kristine $28,046
Open Phillips Jamie Kristine $220,924
Previous Owner Pierce Robbie A $288,900
Previous Owner Pierce Robbie A $186,000
Previous Owner Brown Darrel $145,000
Previous Owner Vaughn Robert James $102,028
Previous Owner Vaughn Robert James $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $225,000 -1.7% $158 / Sq Ft
11/17/2018 11/17/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $229,000 -- $161 / Sq Ft
Source: Palm Springs Regional Association of Realtors

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
2025 $3,075 $250,991 $44,621 $206,370
2024 $3,075 $246,070 $43,746 $202,324
2023 $3,013 $241,245 $42,888 $198,357
2022 $2,950 $236,515 $42,047 $194,468
2021 $2,914 $231,878 $41,223 $190,655
2020 $2,887 $229,500 $40,800 $188,700
2019 $986 $51,682 $22,970 $28,712
2018 $962 $50,669 $22,520 $28,149
2017 $948 $49,675 $22,078 $27,597
2016 $931 $48,701 $21,645 $27,056
2015 $910 $47,970 $21,320 $26,650
2014 $906 $47,030 $20,902 $26,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-374444PS

APN: 0581-031-13