$159,000
SOLD MAR 10, 2017

61616 Desert Air Rd Joshua Tree, CA 92252

2 Beds
1 Bath
1,950 Sq Ft
0.32 Acres

Recently Sold

$82 Per Sq Ft

43 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Near a National Forest
  • No HOA
  • Panoramic View
  • Contemporary Architecture
  • Evaporated cooling system

About This Home

As of May 2019

Nice sizable duplex, larger than many, in a great area! Walking distance to downtown Joshua Tree scene. Features (2) two units, both 2-bedroom, 1 bath apartments with garages. Nice views, has both natural gas for cooking / heating and cable Internet available in this area. Duplex could have many possibilities, stays reliably rented. Tiled flooring, evap cooling, laundry hookups in garage. Has been an excellent producer for current owner many years. Seller financing a possibility. Great investment!

Last Agent to Sell the Property

Peter Spurr

Joshua Tree Realty License #01414588 Listed on: 12/17/2016

Last Buyer's Agent

Peter Spurr

Joshua Tree Realty License #01414588 Listed on: 12/17/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1980

Lot Details

  • 0.32 Acre Lot
  • Property fronts a county road
  • No Common Walls
  • Lot Sloped Down

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • Panoramic
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,950 Sq Ft Home
  • Tile Flooring

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Wall Furnace
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 40
  • Tax Tract Number 2994
  • Assessor Parcel Number 0602262170000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Near a National Forest

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $1,270
  • Operating Expense $4,030
  • Gross Income $15,000
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,898

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Joshua Tree off
  • Other Phone Number: 760-366-7600
  • Property Attached: No
  • Road Frontage Type: County Road
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: JT/RM
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 0602262170000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Price Per Square Foot: 81.54
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood, Panoramic
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Gas Oven, Gas Range, Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 14000.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 15000.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 600.00
  • Net Operating Income: 15000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1560.00
  • Rent Control: No
  • Total Actual Rent: 15600.00
  • Total Expenses: 4030.00

Tax Info

  • New Taxes Expense: 1270.00
  • Tax Census Tract: 104.19
  • Tax Lot: 40
  • Tax Tract Number: 2994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Matijevich Taylor A and Matijevich Elsa S
Bought by
Matijevich Taylor A and Matijevich Elsa S
Total Days on Market
43
Current Estimated Value
$578,520

Purchase Details

Listed on
Jan 25, 2019
Closed on
May 16, 2019
Sold by
The Nora Stewart Living Trust
Bought by
Matijevich Taylor A and Matijevich Elsa S
Seller's Agent
Peter Spurr
Joshua Tree Realty
Buyer's Agent
Paul Karr
Cherie Miller & Associates
List Price
$395,000
Sold Price
$359,000
Premium/Discount to List
-$36,000
-9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Original Mortgage
$269,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2017
Sold by
Stewart Nora
Bought by
Stewart Nora and The Nora Stewart Living Trust

Purchase Details

Listed on
Dec 17, 2016
Closed on
Jan 27, 2017
Sold by
Kwee Yvo P
Bought by
Stewart Nora
Seller's Agent
Peter Spurr
Joshua Tree Realty
Buyer's Agent
Peter Spurr
Joshua Tree Realty
List Price
$159,000
Sold Price
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%
Original Mortgage
$119,250
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2009
Sold by
Kwee Margaret Paolucci
Bought by
Kwee Yvo P

Purchase Details

Closed on
Jul 31, 2001
Sold by
Howard Family Revocable Living Trust
Bought by
Paolucci Kwee Yvo and Paolucci Kwee Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.62%

Purchase Details

Closed on
Jun 20, 1996
Sold by
Howard Sharon A
Bought by
Howard Family Revocable Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $359,000 Wfg National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $159,000 Wfg Title Company Of Ca
Interfamily Deed Transfer -- None Available
Grant Deed $65,000 First American Title
Interfamily Deed Transfer -- Transamerica Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $269,250 New Conventional
Previous Owner $119,250 New Conventional
Previous Owner $48,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $359,000 0.0% $184 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
02/22/2019 02/22/19 Price Changed $359,000 -9.1% $184 / Sq Ft
01/25/2019 01/25/19 For Sale $395,000 +148.4% $203 / Sq Ft
03/10/2017 03/10/17 Sold $159,000 0.0% $82 / Sq Ft
01/29/2017 01/29/17 Pending -- -- --
12/17/2016 12/17/16 For Sale $159,000 -- $82 / 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
2025 $4,898 $400,470 $111,551 $288,919
2024 $4,898 $392,618 $109,364 $283,254
2023 $4,806 $384,920 $107,220 $277,700
2022 $4,711 $377,373 $105,118 $272,255
2021 $4,660 $369,974 $103,057 $266,917
2020 $4,625 $366,180 $102,000 $264,180
2019 $2,439 $165,423 $18,727 $146,696
2018 $2,257 $162,180 $18,360 $143,820
2017 $1,289 $82,738 $12,729 $70,009
2016 $1,270 $81,115 $12,479 $68,636
2015 $1,227 $79,897 $12,292 $67,605
2014 $1,260 $78,332 $12,051 $66,281
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT16764724

California Regional Multiple Listing Service (CRMLS)

APN: 0602-262-17