NOT LISTED FOR SALE

6443 Desert Queen Ave Twentynine Palms, CA 92277

Estimated Value: $491,000 - $571,000

2 Beds
1 Bath
3,320 Sq Ft
$162/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $389,500 $117 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,170/month

12 Days on Market

Highlights

  • 0.55 Acre Lot
  • Park
  • Back Yard
  • Near a National Forest
  • Laundry Room

About This Home

As of April 2021

Excellent, well maintained 4-plex, all two bedroom, one bath units with covered parking right in downtown 29 Palms within walking to all shopping, restaurants, convenience stores and weekend farmers market. Also very close to the new downtown Pheonix Project redevelopment project as well as Joshua Tree National Park 29 Palms entrance. Great investment opportunity with a strong rental market due to the local 29 Palms Marine Base. Each unit has two roomy bedrooms, one full bath, dining area, kitchen with stove, dishwasher, refrigerator and lots of cabinet space. Each also has a private fenced patio area. Coin-op laundry provided in a separate laundry room. Excellent long term investment with strong rental history.

Last Agent to Sell the Property

Bill Osgood

Osgood Realty, Inc. License #00799644 Listed on: 01/12/2021

Last Buyer's Agent

Bill Osgood

Osgood Realty, Inc. License #00799644 Listed on: 01/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,104

Year Built

  • Built in 1980

Lot Details

  • 0.55 Acre Lot
  • No Common Walls
  • Back Yard

Home Design

  • 3,320 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Additional Features

  • Laundry Room
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 19 / 19
  • Tax Tract Number 3873
  • Assessor Parcel Number 0618222060000

Community Details

Overview

  • 4 Units
  • Near a National Forest

Recreation

  • Park

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $200
  • Fuel Expense $200
  • Insurance Expense $1,809
  • Trash Expense $70
  • Water Sewer Expense $2,160
  • New Taxes Expense $5,000
  • Operating Expense $9,309
  • Gross Income $33,600
  • Net Operating Income $19,691

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,104

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2160.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0618222060000
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 117.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport, Covered
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Trash Expense: 70.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Blm/National Forest, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 23940.00
  • Lot Size Acres: 0.5496
  • Latitude Manual: 34.13664100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 830 Square Feet
  • Electric Expense: 200.00
  • Fuel Expense: 200.00
  • Gross Income: 33600.00
  • Gross Scheduled Income: 29000.00
  • Insurance Expense: 1809.00
  • Laundry Income: 200.00
  • Lot Size Area: 23940.0000 Square Feet
  • Net Operating Income: 19691.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 9309.00
  • Rent Control: Yes
  • Total Actual Rent: 2800.00
  • Total Expenses: 9309.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Block: 19
  • Tax Census Tract: 104.21
  • Tax Lot: 19
  • Tax Tract Number: 3873

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Hrehc Llc
Bought by
Desert Queen Twentynine Lp
Current Estimated Value
$537,667

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 21, 2014
Sold by
Humeston Kelly
Bought by
Humeston Daniel Roe
Seller's Agent
BARBARA DUNN
Libby's Realty
Buyer's Agent
DV THOMPSON
Triad REALTORS®
List Price
$167,900
Sold Price
$160,000
Premium/Discount to List
-$7,900
-4.71%

Purchase Details

Listed on
Jul 21, 2014
Closed on
Aug 12, 2014
Sold by
Germano Richard Peyton
Bought by
Hrehc Llc
Seller's Agent
BARBARA DUNN
Libby's Realty
Buyer's Agent
DV THOMPSON
Triad REALTORS®
List Price
$167,900
Sold Price
$160,000
Premium/Discount to List
-$7,900
-4.71%

Purchase Details

Closed on
May 26, 1999
Sold by
Germano Richard Peyton
Bought by
Germano Richard Peyton and Humeston Daniel Roe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,233
Interest Rate
7.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 12, 1999
Sold by
Bank Of America National Tr & Svgs Assn
Bought by
Germano Richard Peyton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,233
Interest Rate
7.72%
Mortgage Type
Seller Take Back
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
Desert Queen Twentynine Lp $389,500 Fidelity National Title Co
Humeston Daniel Roe -- Fidelity National Title Co
Hrehc Llc $160,000 Fidelity National Title Co
Germano Richard Peyton -- Chicago Title Co
Germano Richard Peyton $59,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Germano Richard Peyton $53,233
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $389,500 -1.9% $117 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $397,000 +148.1% $120 / Sq Ft
09/10/2014 09/10/14 Sold $160,000 -4.7% $48 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $167,900 -- $51 / 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 $2,104 $180,406 $12,735 $167,671
2023 $2,062 $176,868 $12,485 $164,383
2022 $2,019 $173,400 $12,240 $161,160
2021 $1,995 $169,878 $3,885 $165,993
2020 $1,977 $168,136 $3,845 $164,291
2019 $1,948 $164,840 $3,770 $161,070
2018 $1,905 $161,608 $3,696 $157,912
2017 $1,885 $158,440 $3,624 $154,816
2016 $1,850 $155,333 $3,553 $151,780
2015 $1,823 $153,000 $3,500 $149,500
2014 $1,386 $110,631 $3,688 $106,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT21004514

California Regional Multiple Listing Service (CRMLS)

APN: 0618-222-06