$119,900
SOLD MAY 21, 2018

6560 Tamarisk Ave Twentynine Palms, CA 92277

4 Beds
2 Baths
1,100 Sq Ft
7,200 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

1% Above List Price

40 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Evaporated cooling system
  • Desert View
  • Double Pane Windows
  • Tile Flooring

About This Home

As of May 2018

A great investment property in an upcoming area. Each unit is 2 Bedroom/1 Bathroom in the downtown area. Walking distance to town. New windows put in January 2017. Units have tile floors, All appliances included in sale. Currently fully occupied with military tenants with 6 month leases. Tenants pay all utilities except water and trash. To protect tenant privacy pictures are from last year before tenants moved in. Stoves are updated and bathroom showers are now tiled. Live in one rent the other through VA or FHA loan. Interior inspection upon accepted offer only so as to not disturb the tenants.

Last Agent to Sell the Property

Cam Wortman

C & S Real Estate, Inc. License #01980003 Listed on: 03/03/2018

Last Buyer's Agent

Karim Almandos

Homequest Real Estate License #01197927

Homequest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,253

Year Built

  • Built in 1960

Lot Details

  • 7,200 Sq Ft Lot
  • 1 Common Wall
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Double Pane Windows
  • Tile Flooring
  • Desert Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Conventional Septic
  • Sewer Not Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 108
  • Tax Tract Number 2520
  • Assessor Parcel Number 0617111090000

Community Details

Overview

  • 2 Units
  • Foothills
  • Mountainous Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gross Income $12,600
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,253

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: Yes
  • Ad Number: Cam
  • Other Phone Description: 760-600-6760
  • Other Phone Number: 760-600-6760
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 0617111090000
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Price Per Square Foot: 109.00
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • View: Desert
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 7200.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Income: 12600.00
  • Gross Scheduled Income: 12600.00
  • Net Operating Income: 10000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2600.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 104.21
  • Tax Lot: 108
  • Tax Tract Number: 2520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2018
Closed on
Apr 18, 2018
Sold by
Vanderwal Keith Alan
Bought by
Sendoya Calixto Beltran
Seller's Agent
Cam Wortman
C & S Real Estate, Inc.
Buyer's Agent
Karim Almandos
Homequest Real Estate
List Price
$119,000
Sold Price
$119,900
Premium/Discount to List
$900
0.76%
Current Estimated Value
$281,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,463
Avg. Annual Appreciation
11.82%
Original Mortgage
$117,728
Outstanding Balance
$102,589
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$165,511

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 24, 2017
Sold by
Vanderwal Maria
Bought by
Vanderwal Keith Alan
Seller's Agent
Heidi Steele
Libby's Realty
Buyer's Agent
Cam Wortman
C & S Real Estate, Inc.
List Price
$85,000
Sold Price
$89,000
Premium/Discount to List
$4,000
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.58%
Original Mortgage
$66,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2017
Closed on
Feb 7, 2017
Sold by
Laubach Kathleen L
Bought by
Vanderwal Keith Alan
Seller's Agent
Heidi Steele
Libby's Realty
Buyer's Agent
Cam Wortman
C & S Real Estate, Inc.
List Price
$85,000
Sold Price
$89,000
Premium/Discount to List
$4,000
4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,750
Interest Rate
4.16%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $120,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fnt
Grant Deed $89,000 Fnt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,728 FHA
Previous Owner $66,750 New Conventional
Previous Owner $66,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $119,900 +0.8% $109 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
03/03/2018 03/03/18 For Sale $119,000 +33.7% $108 / Sq Ft
03/29/2017 03/29/17 Sold $89,000 +4.7% $81 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $85,000 0.0% $77 / Sq Ft
11/07/2015 11/07/15 Rented $450 -5.3% --
10/08/2015 10/08/15 Under Contract -- -- --
07/15/2015 07/15/15 For Rent $475 -- --
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
2025 $2,253 $136,424 $13,653 $122,771
2024 $2,253 $133,749 $13,385 $120,364
2023 $2,147 $131,127 $13,123 $118,004
2022 $2,095 $128,556 $12,866 $115,690
2021 $2,070 $126,036 $12,614 $113,422
2020 $2,045 $124,744 $12,485 $112,259
2019 $1,969 $122,298 $12,240 $110,058
2018 $1,611 $90,780 $9,180 $81,600
2017 $921 $26,984 $2,031 $24,953
2016 $905 $26,455 $1,991 $24,464
2015 $906 $26,058 $1,961 $24,097
2014 $902 $25,548 $1,923 $23,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT18050437

California Regional Multiple Listing Service (CRMLS)

APN: 0617-111-09