NOT LISTED FOR SALE

62049 Verbena Rd Joshua Tree, CA 92252

Joshua Tree Neighborhood

Estimated Value: $279,000 - $1,335,000

1 Bed
1 Bath
5,048 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $340,000 $67 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,833/month

73 Days on Market

Highlights

  • Panoramic View
  • Traditional Architecture
  • Evaporated cooling system
  • Open Floorplan
  • Wood Flooring
  • Parking Storage or Cabinetry

About This Home

As of July 2014

This property is a proven asset, in a quiet area with stunning views. It sits within minutes of shopping, schools and medical facilities. A perfect residence/income supportive investment.A great possibility for retirement or growth investment,don't miss this opportunity. This listing includes APN#0603-201-05 for a total of 8 units. Centraly located in the historical town of Joshua Tree,a few miles from the Joshua Tree National Park. It's a completly remodeled 8 plex with bedrooms upstairs,new tile ,wood flooring and custom paint. All units have seperate utilities and storage buildings,with plenty of parking. Bring your dreams and talents, the owner is looking at all offers!

Last Listed By

Lynda Adams

Power Real Estate License #01322943 Listed on: 03/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,847

Year Built

  • Built in 1993

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Block Wall Fence
  • Density is 6-10 Units/Acre

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Hills
  • Rock

Home Design

  • Traditional Architecture
  • Property Attached
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 5,048 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Panel Doors

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Bathroom

Parking

  • 8 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Unassigned Parking

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 2860
  • Assessor Parcel Number 0603201040000

Community Details

Overview

  • 2 Buildings
  • 8 Units
  • Foothills

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,847

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: (760)641-0225
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 0603201040000
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Door Features: Panel Doors
  • Price Per Square Foot: 67.35
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • View: Desert, Hills, Mountain(s), Panoramic, Rocks
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Built-In Storage, Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Natural Gas
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Foothills, Rural

Lot Info

  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 12750.00
  • Lot Size Acres: 0.2930

Multi Family

  • Lot Size Area: 12750.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number With Range: 8
  • Number With Refrigerator: 8
  • Rent Control: No
  • Total Actual Rent: 4400.00

Tax Info

  • Tax Lot: 44
  • Tax Tract Number: 2860
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jul 21, 2014
Sold by
Korcha Edwin Frank
Bought by
Witt Rebecca
Seller's Agent
Lynda Adams
Power Real Estate
Buyer's Agent
Lynda Adams
Power Real Estate
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Total Days on Market
73
Current Estimated Value
$829,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,000
Original Mortgage
$220,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 5, 2014
Sold by
Witt Rebecca
Bought by
Dixon Family Trust
Seller's Agent
Lynda Adams
Power Real Estate
Buyer's Agent
Lynda Adams
Power Real Estate
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Korcha Gail A
Bought by
Korcha Gail A and Gail Korcha Revocable Trust

Purchase Details

Closed on
Aug 9, 1993
Sold by
First Nationwide Bank
Bought by
Korcha Edwin and Korcha Gail

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
Dixon Family Trust $340,000 Lawyers Title
Korcha Gail A -- None Available
Korcha Edwin $45,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon Family Trust $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $340,000 -12.6% $67 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $389,000 -- $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
2024 $2,847 $200,310 $17,676 $182,634
2023 $2,798 $196,382 $17,329 $179,053
2022 $2,748 $192,531 $16,989 $175,542
2021 $2,721 $188,756 $16,656 $172,100
2020 $2,701 $186,820 $16,485 $170,335
2019 $2,831 $183,157 $16,162 $166,995
2018 $2,647 $179,566 $15,845 $163,721
2017 $2,623 $176,045 $15,534 $160,511
2016 $2,584 $172,593 $15,229 $157,364
2015 $2,536 $170,000 $15,000 $155,000
2014 $1,504 $83,193 $13,867 $69,326
Source: Public Records

Agents Affiliated with this Home

  • Lynda Adams

    Seller's Agent in 2014

    Lynda Adams

    Power Real Estate

    (760) 641-0225

    25 in this area

    145 Total Sales

    Lynda Adams
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DC14051538

California Regional Multiple Listing Service (CRMLS)

APN: 0603-201-04

California San Bernardino County Joshua Tree 92252 Joshua Tree

62049 Verbena Rd, Joshua Tree, CA

Homes for Sale in Joshua Tree, CA

This home is located at 62049 Verbena Rd, Joshua Tree, CA 92252 since 10 March 2014 and is currently estimated at $829,000, approximately $164 per square foot. This property was built in 1993. 62049 Verbena Rd is a home located in San Bernardino County with nearby schools including Joshua Tree Elementary School, La Contenta Middle School, and Yucca Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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