NOT LISTED FOR SALE

6396 Indio Ave Unit A & B Yucca Valley, CA 92284

Estimated Value: $281,000 - $311,748

4 Beds
2 Baths
1,570 Sq Ft
$190/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $111,000 $71 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,904/month

59 Days on Market

Highlights

  • 1-Story Property
  • Evaporated cooling system
  • 4-minute walk to Paradise Park

About This Home

As of May 2016

A good income property where present owners have owned for approx 7 years. Property has been a good rental property over that period. Each unit has two bedrooms (carpeted) & 1 bath (tiled), living room (carpeted) & kitchen is tiled. Each unit has a fenced concrete rear patio & the units are separated by a one car attached garages per unit which acts as a sound barrier and adds great privacy. There is a large concrete parking area down the entire front & is shared by the two units for additional parking. Both garages have automatic openers & laundry hook-ups. One owner is Real Estate agent. The City of Yucca Valley is about to install an all new sewer system thru out this development and the Assessment is already in place and will be added to the yearly tax bill starting in Dec. of 2017. This should be a real positive & will stop future worries about septic tanks overflowing, rusting out, or ever being pumped. This should cause an increase in the value of each property in the area.

Last Agent to Sell the Property

Norman Lee

Coldwell Banker Realty License #00399393 Listed on: 03/07/2016

Coldwell Banker Realty

Last Buyer's Agent

Herb Brewer

Coldwell Banker Roadrunner License #01745708

Coldwell Banker Roadrunner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,919

Year Built

  • Built in 1970

Lot Details

  • 7,800 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 0601162100000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,919

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 59500.00
  • Included In Sale: Refrigerators and kitchen stoves.
  • List Price per Sq Ft: 75.80
  • Lp Sp Ratio: 0.9328
  • Year Built: 1970
  • Internal Listing I D: 20190608184722691421000000
  • Listing I D: 216008428
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 770-8717
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 56809 Twentynine Palms Hwy., Yucca Valley, CA 92284
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1570.00

Exterior Features

  • Roofing: Composition, Shingle
  • Foundation: Slab

Garage/Parking

  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Evaporative Cooling
  • Heating: Wall Furnace
  • Heating Fuel: Natural Gas
  • Sewer: Septic Tank
  • Number Gas Meter: 2
  • Water Heater: Yes
  • Laundry Type: Yes

Lot Info

  • Assessor Parcel Number: 0601162100000
  • Lot Size: 7800.00

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Land Lease Type: Fee Simple

Multi Family

  • Total Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Rezk
Bought by
Rezk Rezk Sami Sami and Rezk Martha
Current Estimated Value
$298,437

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 5, 2016
Sold by
Shvartsmann Sam and Shvartsmann Janetta
Bought by
Rezk
Seller's Agent
Norman Lee
Coldwell Banker Realty
Buyer's Agent
Herb Brewer
Coldwell Banker Roadrunner
List Price
$119,000
Sold Price
$111,000
Premium/Discount to List
-$8,000
-6.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$83,250
Outstanding Balance
$66,202
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$232,235

Purchase Details

Closed on
Mar 10, 2009
Sold by
Wells Fargo Bank Na
Bought by
Shvartsmann Sam and Shvartsmann Janetta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,433
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2008
Sold by
Petrucelli Michael A
Bought by
Wells Fargo Bank Na and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Apr 19, 2007
Sold by
Petrucelli Michael A
Bought by
Desert Property Management Group Llc and The 79360 Sierra Vista Land Trust

Purchase Details

Closed on
Aug 19, 2005
Sold by
Anderson Dale L
Bought by
Petrucelli Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Cartwright Kenneth
Bought by
Anderson Dale L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2002
Sold by
Cartwright Kathryn L
Bought by
Cartwright Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.89%

Purchase Details

Closed on
Nov 13, 1999
Sold by
Sakus Paul J and Sakus Barbara A
Bought by
Miller Michael A and Miller Cheryl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.27%
Mortgage Type
Seller Take Back
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
Rezk Rezk Sami Sami -- None Available
Rezk $112,500 Equity Title Company
Shvartsmann Sam $71,500 First American Title Ins Co
Wells Fargo Bank Na $176,705 None Available
Desert Property Management Group Llc -- Accommodation
Petrucelli Michael A $250,000 Fidelity National Title Co
Anderson Dale L $110,000 Fidelity National Title Co
Cartwright Kenneth -- Fidelity National Title Ins
Cartwright Kenneth $60,000 Fidelity National Title Ins
Miller Michael A $40,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rezk $83,250
Previous Owner Shvartsmann Sam $53,433
Previous Owner Petrucelli Michael A $164,500
Previous Owner Anderson Dale L $73,500
Previous Owner Cartwright Kenneth $54,000
Previous Owner Miller Michael A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2016 05/05/16 Sold $111,000 -6.7% $71 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $119,000 -- $76 / Sq Ft
Source: California Desert Association of REALTORS®

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 $3,919 $133,118 $17,756 $115,362
2024 $3,919 $130,508 $17,408 $113,100
2023 $3,566 $127,949 $17,067 $110,882
2022 $3,634 $125,440 $16,732 $108,708
2021 $3,841 $122,980 $16,404 $106,576
2020 $3,744 $121,719 $16,236 $105,483
2019 $2,350 $119,333 $15,918 $103,415
2018 $1,974 $116,993 $15,606 $101,387
2017 $1,432 $114,699 $15,300 $99,399
2016 $972 $77,615 $10,877 $66,738
2015 $950 $76,450 $10,714 $65,736
2014 $942 $74,952 $10,504 $64,448
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216008428

California Desert Association of REALTORS®

APN: 0601-162-10