NOT LISTED FOR SALE

61885 Verbena Rd Joshua Tree, CA 92252

Estimated Value: $438,000 - $772,000

2 Beds
2 Baths
2,835 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $224,228 $79 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,245/month

11 Days on Market

Highlights

  • Desert View
  • No HOA
  • Laundry Room
  • Contemporary Architecture
  • Evaporated cooling system
  • Tile Flooring

About This Home

As of August 2017

Nice triplex in the heart of Joshua Tree. Three units with 2 bedroom 2 bathroom each. Each unit also has garage. Great investment opportunity!

Last Agent to Sell the Property

Katie Rarick

Rarick Realty Group License #01911226 Listed on: 04/18/2017

Last Buyer's Agent

Bryan Burns

License #01042736

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,345

Year Built

  • Built in 1987

Lot Details

  • 0.27 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Landscaped
  • Rectangular Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Triplex
  • Contemporary Architecture
  • Shingle Roof

Interior Spaces

  • 2,835 Sq Ft Home
  • Desert Views

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Conventional Septic
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 2860
  • Assessor Parcel Number 0603222070000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,730
  • Operating Expense $6,267
  • Gross Income $18,700
  • Net Operating Income $12,438

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,345

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1730.00
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 0603222070000
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 79.09

Exterior Features

  • View: Desert
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Shared Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Wall Furnace
  • 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
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Rectangular Lot
  • Lot Size Sq Ft: 11891.88

Multi Family

  • Gross Income: 18700.00
  • Gross Scheduled Income: 18700.00
  • Net Operating Income: 12438.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 6267.00
  • Rent Control: No
  • Total Expenses: 6267.00

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: 2860

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Burns Bryan L
Bought by
Bryan Lloyd Burns Living Trust
Current Estimated Value
$563,838

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 7, 2017
Sold by
Adams William E and Adams Frances
Bought by
Burns Bryan L
Seller's Agent
Katie Rarick
Rarick Realty Group
Buyer's Agent
Bryan Burns
Desert Lifestyle Properties
List Price
$234,900
Sold Price
$224,228
Premium/Discount to List
-$10,672
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$156,900
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 17, 2014
Closed on
Dec 18, 2014
Sold by
Abdulkarim Habib S and Karim Judith
Bought by
Adams William E and Adams Frances
Seller's Agent
Andy Patel
Coldwell Banker Roadrunner
Buyer's Agent
Michelle Quintana
Berkshire Hathaway Homeservices California Properties
List Price
$219,000
Sold Price
$175,000
Premium/Discount to List
-$44,000
-20.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$122,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2011
Sold by
Sanguinetti Alfredo V and Abdulkarim Habib S
Bought by
Abdulkarim Habib S and Karim Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2004
Sold by
Watts William Michael and Watts Elizabeth H
Bought by
Sanguinetti Alfredo V and Abdulkarim Habib S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage
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
Bryan Lloyd Burns Living Trust -- None Listed On Document
Burns Bryan L $224,500 Fidelity National Title Co
Adams William E $175,000 Fidelity National Title Co
Abdulkarim Habib S -- Ticor Title San Diego
Sanguinetti Alfredo V $200,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burns Bryan L $156,900
Previous Owner Adams William E $122,500
Previous Owner Abdulkarim Habib S $150,000
Previous Owner Sanguinetti Alfredo V $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2017 08/01/17 Sold $224,228 -4.5% $79 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $234,900 +34.2% $83 / Sq Ft
01/29/2015 01/29/15 Sold $175,000 -20.1% $62 / Sq Ft View Prior Sale
12/16/2014 12/16/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $219,000 -- $77 / 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 $3,345 $255,133 $51,202 $203,931
2024 $3,345 $250,130 $50,198 $199,932
2023 $3,285 $245,226 $49,214 $196,012
2022 $3,223 $240,418 $48,249 $192,169
2021 $3,189 $235,704 $47,303 $188,401
2020 $3,165 $233,287 $46,818 $186,469
2019 $3,327 $228,713 $45,900 $182,813
2018 $3,135 $184,846 $21,125 $163,721
2017 $2,603 $181,222 $20,711 $160,511
2016 $2,562 $177,669 $20,305 $157,364
2015 $2,126 $143,800 $16,600 $127,200
2014 $1,942 $125,000 $14,400 $110,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Katie Rarick

    Rarick Realty Group

    (760) 853-0057

    3 Total Sales

    Katie Rarick
    Section Image
  • Bryan Burns

    Buyer's Agent in 2017

    Bryan Burns

    (760) 567-3712

    34 Total Sales

    Bryan Burns
    Section Image

  • A

    Seller's Agent in 2015

    Andy Patel

    Coldwell Banker Roadrunner

  • M

    Buyer's Agent in 2015

    Michelle Quintana

    Berkshire Hathaway Homeservices California Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT17082594

California Regional Multiple Listing Service (CRMLS)

APN: 0603-222-07

California San Bernardino County Joshua Tree 92252

61885 Verbena Rd, Joshua Tree, CA

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