NOT LISTED FOR SALE

6554 El Rey Ave Twentynine Palms, CA 92277

Estimated Value: $218,916 - $300,000

2 Beds
2 Baths
1,144 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $117,000 $102 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,677/month

8 Days on Market

Highlights

  • Corner Lot
  • Evaporated cooling system
  • Tile Flooring
  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2019

Looking for a rental property? Check out this duplex, it's newly remodeled interior is ready for new tenants! This property features laminate flooring, new carpet, and new tile in the bathrooms. The interior and exterior of this duplex have been freshly painted. According to the previous owners, the swamp coolers, water heaters, roof and septic tank were replaced in 2009. This property may qualify for VA or FHA financing, check with your lender. You can live in one side and rent the other for positive cash flow. Because of its convenient location, this may do well as an AirBnB income property. Each unit has 1 spacious bedroom, 1 bathroom, a living room, and a shared laundry room between the units, no more going to the laundromat! The whole property is fenced and has room for an additional dwelling or motorhome, but verify with the city regarding zoning and restrictions.

Last Agent to Sell the Property

Jamie Grijalva

Selling SoCal License #01438301 Listed on: 09/05/2019

Last Buyer's Agent

Jamie Grijalva

Selling SoCal License #01438301 Listed on: 09/05/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1949

Lot Details

  • 9,204 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Rectangular Lot

Home Design

  • Duplex

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 2555
  • Assessor Parcel Number 0616092060000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,100
  • New Taxes Expense $1,480
  • Operating Expense $2,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,756

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0616092060000
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 102.27

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Natural Gas Available
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 9204.00
  • Lot Size Acres: 0.2113

Multi Family

  • Insurance Expense: 1100.00
  • Lot Size Area: 9204.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 2580.00

Tax Info

  • New Taxes Expense: 1480.00
  • Tax Census Tract: 104.15
  • Tax Lot: 49
  • Tax Tract Number: 2555

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Gary Krikorian Karekin
Bought by
Keshishyan David
Current Estimated Value
$259,729

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 23, 2019
Sold by
Grijalva Aaron and Grijalva Jamie Allen
Bought by
Krikorian Karakin Gary
Seller's Agent
Jamie Grijalva
Selling SoCal
Buyer's Agent
Jamie Grijalva
Selling SoCal
List Price
$119,900
Sold Price
$117,000
Premium/Discount to List
-$2,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%

Purchase Details

Listed on
May 19, 2015
Closed on
Jun 12, 2015
Sold by
Angeski Bonnie Jean
Bought by
Grijalva Aaron and Grijalva Jamie Allen
Seller's Agent
Linda Szerdahelyi
Coldwell Banker Realty
Buyer's Agent
Linda Szerdahelyi
Coldwell Banker Realty
List Price
$60,000
Sold Price
$50,000
Premium/Discount to List
-$10,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.64%
Original Mortgage
$40,000
Interest Rate
3.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 2002
Sold by
Albright Marie O
Bought by
Albright Marie O and Angeski Bonnie Jean
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
Keshishyan David -- None Listed On Document
Krikorian Karakin Gary $117,000 Lawyers Title Insurance Co
Grijalva Aaron $50,000 Equity Title
Albright Marie O -- --
Albright Marie O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grijalva Aaron $75,000
Previous Owner Grijalva Aaron $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $117,000 -2.4% $102 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $119,900 +139.8% $105 / Sq Ft
07/01/2015 07/01/15 Sold $50,000 -16.7% $43 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $60,000 -- $52 / 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 $2,756 $188,312 $62,424 $125,888
2023 $2,666 $184,620 $61,200 $123,420
2022 $1,970 $120,576 $25,764 $94,812
2021 $1,948 $118,212 $25,259 $92,953
2020 $1,924 $54,121 $10,824 $43,297
2019 $1,192 $53,060 $10,612 $42,448
2018 $1,163 $52,020 $10,404 $41,616
2017 $1,145 $51,000 $10,200 $40,800
2016 $898 $29,130 $1,211 $27,919
2015 $820 $28,693 $1,193 $27,500
2014 $817 $28,131 $1,170 $26,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW19159452

California Regional Multiple Listing Service (CRMLS)

APN: 0616-092-06