NOT LISTED FOR SALE

6362 Desert Queen Ave Twentynine Palms, CA 92277

Estimated Value: $226,000 - $285,000

2 Beds
2 Baths
1,536 Sq Ft
$164/Sq Ft Est. Value

Last Sold June 09, 2020

Last sale price $145,000 $94 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,612/month

24 Days on Market

Highlights

  • Hiking Trails
  • Laundry Room
  • Mountainous Community
  • Park

About This Home

As of June 2020

Great cash flow investment opportunity. Turnkey Duplex in great condition, lots of upgrades. Each side has 1 bed, 1 bath, kitchen with separate laundry room & spacious living room. Fenced in yards & private patios. Close to military base & casino, walking distance to shopping & restaurants. Both units are occupied, showings subject to serious offers

Last Agent to Sell the Property

KEVIN MEADE

KALEO REAL ESTATE COMPANY License #01915991 Listed on: 03/31/2020

KALEO REAL ESTATE COMPANY

Co-Listed By

DIANE MEADE

KALEO REAL ESTATE COMPANY License #02035600

Last Buyer's Agent

Cam Wortman

C & S Real Estate, Inc. License #01980003

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,481

Year Built

  • Built in 1953

Lot Details

  • 7,475 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,536 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas
  • Tax Lot 76
  • Tax Tract Number 3987
  • Assessor Parcel Number 0618244050000

Community Details

Overview

  • 2 Units
  • Mountainous Community

Recreation

  • Park
  • Hiking Trails

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $795
  • Trash Expense $693
  • New Taxes Expense $1,837
  • Operating Expense $3,325
  • Gross Income $15,000
  • Net Operating Income $11,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,481

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0618244050000
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 94.40

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 693.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Hiking, Park, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7475.00
  • Lot Size Acres: 0.1716

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas

Multi Family

  • Gross Income: 15000.00
  • Gross Scheduled Income: 15000.00
  • Insurance Expense: 795.00
  • Lot Size Area: 7475.0000 Square Feet
  • Net Operating Income: 11675.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3325.00
  • Rent Control: Yes
  • Total Expenses: 3325.00

Tax Info

  • New Taxes Expense: 1837.00
  • Tax Census Tract: 104.21
  • Tax Lot: 76
  • Tax Tract Number: 3987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
James Larry Donnell
Bought by
James Larry D and The Tina Runnels Trust
Current Estimated Value
$252,238

Purchase Details

Listed on
Mar 31, 2020
Closed on
May 18, 2020
Sold by
James Maria
Bought by
James Larry Donnell
Seller's Agent
KEVIN MEADE
KALEO REAL ESTATE COMPANY
Buyer's Agent
Cam Wortman
C & S Real Estate, Inc.
List Price
$129,000
Sold Price
$145,000
Premium/Discount to List
$16,000
12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$145,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Mar 31, 2020
Closed on
Apr 22, 2020
Sold by
Ktm Real Estate Services Llc
Bought by
James Larry Donnell
Seller's Agent
KEVIN MEADE
KALEO REAL ESTATE COMPANY
Buyer's Agent
Cam Wortman
C & S Real Estate, Inc.
List Price
$129,000
Sold Price
$145,000
Premium/Discount to List
$16,000
12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 8, 2018
Sold by
Marston Karen C and Chapin Karen C
Bought by
Ktm Real Estate Services Llc
Seller's Agent
Tamara Candlearia
Coldwell Banker Roadrunner
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.79%

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 7, 2018
Sold by
Marston Jack
Bought by
Marston Karen C
Seller's Agent
Tamara Candlearia
Coldwell Banker Roadrunner
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Purchase Details

Closed on
Jun 9, 2011
Sold by
Roberts Alexander James Hupman and Roberts Alexander Virginia
Bought by
Alexander James Hupman and Alexander Virginia

Purchase Details

Closed on
Feb 24, 2011
Sold by
Chapin Karen C
Bought by
Alexander James Hupman and Alexander Virginia

Purchase Details

Closed on
Jul 11, 2005
Sold by
Aved Erin
Bought by
Aved Eric

Purchase Details

Closed on
Jun 29, 2005
Sold by
Groman Stuart J and Groman Judith A
Bought by
Chapin Karen C

Purchase Details

Closed on
Nov 18, 1994
Sold by
Whitted Judy Lee and Aved Judy Lee
Bought by
Aved Eric Tyler
Source: Public Records

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Range of Values:

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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
James Larry D -- None Available
James Larry Donnell -- Wfg National Title Company
James Larry Donnell $145,000 Wfg National Title Company
Ktm Real Estate Services Llc $110,000 Fidelity National Title Comp
Marston Karen C -- Fidelity National Title Comp
Alexander James Hupman -- None Available
Alexander James Hupman -- None Available
Aved Eric -- Fidelity Natl Tustin
Chapin Karen C $25,000 Fidelity Natl Tustin
Aved Eric Tyler -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Larry Donnell $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2020 06/09/20 Sold $145,000 +12.4% $94 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $129,000 +17.3% $84 / Sq Ft
08/29/2018 08/29/18 Sold $110,000 -4.3% $72 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/10/2018 07/10/18 Price Changed $114,900 -4.3% $75 / Sq Ft
06/25/2018 06/25/18 For Sale $120,000 -- $78 / 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 $2,481 $155,468 $21,443 $134,025
2023 $2,371 $152,420 $21,023 $131,397
2022 $2,314 $149,432 $20,611 $128,821
2021 $2,288 $146,502 $20,207 $126,295
2020 $1,911 $112,200 $30,600 $81,600
2019 $1,838 $110,000 $30,000 $80,000
2018 $1,579 $87,800 $13,500 $74,300
2017 $1,531 $83,700 $12,900 $70,800
2016 $1,521 $83,700 $12,900 $70,800
2015 $1,521 $83,700 $12,900 $70,800
2014 $1,449 $76,100 $11,700 $64,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20063051

California Regional Multiple Listing Service (CRMLS)

APN: 0618-244-05