NOT LISTED FOR SALE

Estimated Value: $385,000 - $542,000

4 Beds
4 Baths
1,440 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $357,000 $248 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,080/month

6 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace
  • Foothills
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of August 2021

Your summer investment is here! Built in 2007, this duplex with mirror layout units with 2 beds 2 baths each is conveniently located near everything you need in the beautiful town of Joshua Tree. With an oversized 1/3 acre lot, this is perfect for an investor, or for a family who wants to live in one unit and rent the other one for extra income.

Unit A, not pictured, was completely redone in early 2017 with new carpet and tile flooring, new stove range, a huge fridge and stackable washer/dryer and comes with a smart Nest thermostat -controllable by any smart phone. Unit B, pictured, had a complete remodel in mid 2017 including a new kitchen: wood countertops, painted cabinets, gorgeous farmhouse sink with pull-down spray nozzle, brand new bottom-freezer fridge. A modern eat-in kitchen table was installed to maximize the space. New wood style laminate flooring throughout the entire unit, and both bathrooms in this unit are remodeled with unique vanities and new lighting fixtures. Also has a stacked washer/dryer. There is a climbing wall along the living area and between the bedroom entries, built by a rock-climber/artist. This unit also features a smart Nest thermostat, in addition to a Smart Yale lock for easy & safe entry.

The oversized 7000 sq ft backyard has been completely fenced in with bug-resistant cedar and weather sealed in 2017 - and Unit B's entry is in the fenced-in area making it extremely private and serene. The entire roof was replaced in 2019 & is still under 5 year warranty. The driveway is spacious enough to fit 8 cars. The storage shed in the backyard conveys with the property. Note: The mature Palo Verde pictured in the backyard has been replaced with a younger tree, after the former fell down in a storm early this year.

10 minute drive to the Joshua Tree park entrance, 10 minute drive to major groceries, and 5 minute walks to the Joshua Tree Farmers Market & multiple restaurants in downtown Joshua tree!

Last Listed By

Cesar Diaz

PONCE & PONCE REALTY, INC License #01966039 Listed on: 06/02/2021

PONCE & PONCE REALTY, INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 2007

Lot Details

  • 0.31 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached

Interior Spaces

  • 1,440 Sq Ft Home
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Parking Available

Utilities

  • Central Heating and Cooling System
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 4579
  • Assessor Parcel Number 0602252130000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Foothills

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $20
  • New Taxes Expense $195
  • Operating Expense $2,015
  • Net Operating Income $17,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,014

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: JT/RM
  • Property Type: Residential Income
  • Parcel Number: 0602252130000
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 247.92
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Trash Expense: 20.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 13563.00
  • Lot Size Acres: 0.3114

Multi Family

  • Average2 Bed Area: 720 Square Feet
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 13563.0000 Square Feet
  • Net Operating Income: 17820.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 515.00
  • Rent Control: No
  • Total Expenses: 2015.00

Tax Info

  • New Taxes Expense: 195.00
  • Tax Census Tract: 104.19
  • Tax Lot: 29
  • Tax Tract Number: 4579

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2023
Sold by
Parry Kourtney Brook
Bought by
Kpjt Holdings Llc
Total Days on Market
6
Current Estimated Value
$477,943

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 30, 2021
Sold by
Holbrook Kristen Taoli Margaret
Bought by
Parry Kourtney
Seller's Agent
Cesar Diaz
PONCE & PONCE REALTY, INC
Buyer's Agent
Westley Williams
Harcourts Prime Properties
List Price
$325,000
Sold Price
$357,000
Premium/Discount to List
$32,000
9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$285,600
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2017
Closed on
Mar 7, 2017
Sold by
Fannie Mae
Bought by
Holbrook Kristen Taoli Margaret
Seller's Agent
Deborah Andersen
Deco Realty
Buyer's Agent
Sara Swanson
BD Homes-The Paul Kaplan Group
List Price
$149,900
Sold Price
$154,000
Premium/Discount to List
$4,100
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.00%

Purchase Details

Closed on
Aug 4, 2014
Sold by
Sheldon Sandra
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 4, 2006
Sold by
Gentilcore Norma
Bought by
Stevenson Kenneth L and Sheldon Sandra R

Range of Values:

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Average Value
Not Available
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
Kpjt Holdings Llc -- None Listed On Document
Parry Kourtney $357,000 Lawyers Title
Holbrook Kristen Taoli Margaret $154,000 Servicelink
Federal National Mortgage Association $303,584 First American Title
Stevenson Kenneth L $30,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parry Kourtney $300,000
Previous Owner Parry Kourtney $285,600
Previous Owner Stevenson Kenneth $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2021 08/03/21 Sold $357,000 0.0% $248 / Sq Ft
07/17/2021 07/17/21 Price Changed $357,000 +9.8% $248 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $325,000 +111.0% $226 / Sq Ft
03/09/2017 03/09/17 Sold $154,000 +2.7% $107 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $149,900 -- $104 / 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 $5,014 $408,000 $61,200 $346,800
2023 $4,524 $364,140 $61,200 $302,940
2022 $4,435 $357,000 $60,000 $297,000
2021 $2,288 $165,119 $26,805 $138,314
2020 $2,270 $163,426 $26,530 $136,896
2019 $2,384 $160,222 $26,010 $134,212
2018 $2,202 $157,080 $25,500 $131,580
2017 $1,651 $111,840 $15,534 $96,306
2016 $1,626 $109,647 $15,229 $94,418
2015 $1,575 $108,000 $15,000 $93,000
2014 $2,277 $158,101 $21,149 $136,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21118589

California Regional Multiple Listing Service (CRMLS)

APN: 0602-252-13