NOT LISTED FOR SALE

61754 Desert Air Rd Joshua Tree, CA 92252

Estimated Value: $347,175 - $503,000

4 Beds
4 Baths
1,440 Sq Ft
$287/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $164,000 $114 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,399/month

92 Days on Market

Highlights

  • Near a National Forest
  • Central Heating and Cooling System
  • Chain Link Fence
  • Laundry Room

About This Home

As of February 2017

Great Duplex in the heart of Joshua Tree. Currently rented 2 bedroom 2 bathroom units with interior laundry. Great investment as is, or transition to vacation rentals. OR, live in one while the other one helps to pay the mortgage. SO many options with this newer, well maintained duplex. Moments away from town and the entrance to Joshua Tree National Park.

Last Agent to Sell the Property

Julie Bruley

Inspire Real Estate License #01702999 Listed on: 10/20/2016

Last Buyer's Agent

Tony Cipolla

Joshua Tree Realty License #01402504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,603

Year Built

  • Built in 2007

Lot Details

  • 8,265 Sq Ft Lot
  • No Common Walls
  • Desert faces the front and back of the property
  • Chain Link Fence

Home Design

  • 1,440 Sq Ft Home
  • Adobe

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 42
  • Tax Tract Number 2556
  • Assessor Parcel Number 0603102290000

Community Details

Overview

  • 2 Units
  • Near a National Forest
  • Foothills
  • Mountainous Community

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Professional Management Expense $3,660
  • Trash Expense $450
  • Water Sewer Expense $960
  • New Taxes Expense $1,784
  • Operating Expense $7,854
  • Gross Income $18,300
  • Net Operating Income $2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,603

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Professional Management Expense: 3660.00
  • Property Attached: No
  • Water Sewer Expenses: 960.00
  • Zoning: JT/RM
  • Property Type: Residential Income
  • Parcel Number: 0603102290000
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 113.89

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Adobe

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Trash Expense: 450.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Blm/National Forest, Foothills, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Back, Desert Front
  • Lot Size Sq Ft: 8265.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 18300.00
  • Gross Scheduled Income: 18300.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 2.33
  • 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
  • Operating Expense: 7853.70
  • Rent Control: No
  • Total Actual Rent: 1525.00
  • Total Expenses: 7853.70

Tax Info

  • New Taxes Expense: 1783.70
  • Tax Census Tract: 104.19
  • Tax Lot: 42
  • Tax Tract Number: 2556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Apr 21, 2017
Sold by
Cranston Mark
Bought by
Vonesch Mark Von and Vonesch Leslie Von
Seller's Agent
Julie Bruley
Inspire Real Estate
Buyer's Agent
Tony Cipolla
Joshua Tree Realty
List Price
$169,000
Sold Price
$164,000
Premium/Discount to List
-$5,000
-2.96%
Current Estimated Value
$413,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,044
Avg. Annual Appreciation
12.17%
Original Mortgage
$127,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 20, 2016
Closed on
Feb 14, 2017
Sold by
Chadbourne James Gorden
Bought by
Cranston Mark and Cranston Christa
Seller's Agent
Julie Bruley
Inspire Real Estate
Buyer's Agent
Tony Cipolla
Joshua Tree Realty
List Price
$169,000
Sold Price
$164,000
Premium/Discount to List
-$5,000
-2.96%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Stevenson Kenneth L
Bought by
Chadbourne James Gorden and Chadbourne Linda Jean

Purchase Details

Closed on
Apr 23, 2008
Sold by
Stevenson Kenneth L
Bought by
Stevenson Kenneth L and Kenneth L Stevenson 2008 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.88%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 10, 2008
Sold by
Sheldon Sandra
Bought by
Stevenson Kenneth L

Purchase Details

Closed on
Nov 17, 2006
Sold by
Darling Dean
Bought by
Stevenson Kenneth and Sheldon Sandra

Purchase Details

Closed on
Jul 11, 2005
Sold by
Cartwright Kenneth
Bought by
Darling Dean and The Exempt Trust Of The Darlin

Purchase Details

Closed on
Feb 16, 2005
Sold by
Cartwright Kathryn
Bought by
Cartwright Kenneth

Purchase Details

Closed on
Jan 4, 2005
Sold by
Oakwest College Square
Bought by
Cartwright Kenneth

Purchase Details

Closed on
Oct 25, 2004
Sold by
Davis David W
Bought by
Oakwest College Square

Purchase Details

Closed on
May 21, 2002
Sold by
Runyon Michael T
Bought by
Davis David and Davis Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
6.89%
Mortgage Type
Unknown
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
Vonesch Mark Von $170,000 Fidelity National Title Co
Cranston Mark $165,000 Fidelity National Title Co
Chadbourne James Gorden $192,433 Accommodation
Stevenson Kenneth L -- None Available
Stevenson Kenneth L -- Southland Title Corporation
Stevenson Kenneth $35,000 New Century Title Company
Darling Dean $330,000 Fidelity National Title Co
Cartwright Kenneth -- First American
Cartwright Kenneth $165,000 First American
Oakwest College Square $1,000 First American
Davis David $1,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vonesch Mark Von $127,500
Previous Owner Stevenson Kenneth L $125,000
Previous Owner Stevenson Kenneth $288,000
Previous Owner Davis David W $43,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2017 02/21/17 Sold $164,000 -3.0% $114 / Sq Ft
01/20/2017 01/20/17 Pending -- -- --
11/19/2016 11/19/16 For Sale $169,000 0.0% $117 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $169,000 -- $117 / 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 $2,603 $197,300 $29,015 $168,285
2024 $2,603 $193,431 $28,446 $164,985
2023 $2,555 $189,638 $27,888 $161,750
2022 $2,507 $185,919 $27,341 $158,578
2021 $2,480 $182,274 $26,805 $155,469
2020 $2,460 $180,405 $26,530 $153,875
2019 $2,586 $176,868 $26,010 $150,858
2018 $2,402 $168,300 $25,500 $142,800
2017 $1,847 $126,751 $26,407 $100,344
2016 $1,818 $124,265 $25,889 $98,376
2015 $1,784 $122,398 $25,500 $96,898
2014 $1,801 $120,000 $25,000 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT16730115

California Regional Multiple Listing Service (CRMLS)

APN: 0603-102-29