NOT LISTED FOR SALE

Estimated Value: $559,000 - $859,000

10 Beds
5 Baths
4,950 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $355,000 $72 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,118/month

75 Days on Market

Highlights

  • 21,600 Sq Ft lot
  • Ceiling Fan
  • Carpet
  • Central Heating and Cooling System

About This Home

As of May 2018

MIX USED RENTAL PROPERTY HAS LAND USE PERMIT FOR BOARDING CARE LOCATED IN 29 PALMS CA ON A FULL FENCED CORNER LOT WITH 10 PARKING SPACES. THIS PROPERTY HAS 10 BEDROOMS, 5 BATHS, LAUNDRY ROOM, LARGE LIVING AREA WITH FIREPLACE, TWO FRENCH DOORS, NEW BLINDS, NEW INTERIOR / EXTERIOR PAINTS, 2 NEW WATER HEATERS, TWO SEPARATE ZONES OF HEATING AND AIR CONDITIONING PLUS TWO EVAPORATE COOLERS. NEW FLOORS AND NICE COURTYARD AND FRONT AREA TO RELAX AND ENJOY THE SCENERY. MULTI FAMILY RESIDENTIAL ZONING. INVESTORS, OWNERS / USERS MUST SEE TO APPRECIATE. BUYERS TO PERFORM THEIR DUE DILIGENCE CITY PERMITS AND INSPECTIONS. LEASE AVAILABLE FOR $2700 / MONTH.

Last Agent to Sell the Property

Kimberly Bui

KB Luxe Real Estate License #01280953 Listed on: 02/18/2018

Co-Listed By

Sarkis Bludyan

Sarkis Sam Bludyan License #01962324

Last Buyer's Agent

Dave Silverstein

New Frontier Realty License #01300212

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,189

Lot Details

  • 0.5 Acre Lot

Home Design

Interior Spaces

  • 4,950 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 10 Parking Spaces
  • Uncovered Parking

Utilities

  • Central Heating and Cooling System
  • Evaporated cooling system

Community Details

  • 19-Story Property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,189

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4950
  • Stories: 19
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 74.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Evaporative
  • Heating: Central, Fireplace

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 21600

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 12.00
  • Number Of Units: 1
  • Total Annual Expense: 3200
  • Type Of Units: 1
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2018
Sold by
Bob Smith Property Management Llc
Bought by
6580 Desert Queen Llc
Current Estimated Value
$661,613

Purchase Details

Listed on
Feb 18, 2018
Closed on
Jul 3, 2018
Sold by
Silvertein David
Bought by
Bobsmith Property Mangament Llc
Seller's Agent
Kimberly Bui
KB Luxe Real Estate
Buyer's Agent
Dave Silverstein
New Frontier Realty
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$228,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 18, 2018
Closed on
May 8, 2018
Sold by
Chien Christine
Bought by
Silverstein David
Seller's Agent
Kimberly Bui
KB Luxe Real Estate
Buyer's Agent
Dave Silverstein
New Frontier Realty
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 14, 2014
Sold by
Lal Reginald
Bought by
Chien Christine

Purchase Details

Closed on
Mar 30, 2011
Sold by
Tom The Homebuyer Llc
Bought by
The Desert Queen Trust

Purchase Details

Closed on
May 21, 2008
Sold by
Temecula Valley Bank
Bought by
Tom The Homebuyer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2008
Sold by
Pressnall Shelly J and Pressnall Arthur F F
Bought by
Temecula Valley Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2004
Sold by
Pressnall Arthur F F and Pressnall Shelly J
Bought by
Tribble William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.17%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 14, 1999
Sold by
Placzek Isolde
Bought by
Pressnall Arthur F F and Pressnall Shelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
7.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 24, 1997
Sold by
Iseminger Rick
Bought by
Iseminger Shelly J

Purchase Details

Closed on
Sep 9, 1994
Sold by
King Ii Olin C and King Yvonne M
Bought by
Switzer Hobart E and Switzer Muriel B
Source: Public Records

Similar Home in Twentynine Palms, CA

  • 73601 Sun Valley Dr, Twentynine Palms, CA 92277

    $499,900

    • 8 Beds
    • 4 Baths
    • 3,172 Sq Ft
    • 73601 Sun Valley Dr
    • Twentynine Palms, CA

    Prime 4-Plex Investment Opportunity – Close to 29 Palms Marine Base & Joshua TreeFantastic opportunity to own a centrally located 4-unit multifamily property, each featuring 2 bedrooms and 1 bathroom. These spacious units offer open floor plans designed for modern living, with individual air conditioning and swamp coolers for year-round, personalized comfort.Located just minutes from the 29 Palms

    Zach Harris Harcourts Prime Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
6580 Desert Queen Llc -- None Available
Bobsmith Property Mangament Llc -- None Available
Silverstein David $355,000 North American Title Company
Chien Christine $200,000 Fidelity National Title Co
The Desert Queen Trust -- None Available
Tom The Homebuyer Llc $243,000 Commonwealth Land Title Co
Temecula Valley Bank $314,698 None Available
Tribble William -- Chicago Title Company
Pressnall Arthur F F -- Old Republic Title Company
Pressnall Arthur F F -- Old Republic Title Company
Iseminger Shelly J -- First American Title Ins Co
Iseminger Shelly J $7,000 First American Title Ins Co
Switzer Hobart E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silverstein David $228,000
Previous Owner The Desert Queen Trust $200,000
Previous Owner Tom The Homebuyer Llc $243,000
Previous Owner Tribble William $135,000
Previous Owner Pressnall Shelly J $295,000
Previous Owner Iseminger Shelly J $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $355,000 -3.8% $72 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
02/18/2018 02/18/18 For Sale $369,000 -- $75 / Sq Ft
Source: The MLS

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 $5,189 $396,009 $89,242 $306,767
2023 $5,047 $388,244 $87,492 $300,752
2022 $4,934 $380,631 $85,776 $294,855
2021 $4,884 $373,168 $84,094 $289,074
2020 $4,837 $369,342 $83,232 $286,110
2019 $4,055 $362,100 $81,600 $280,500
2018 $2,447 $215,476 $32,323 $183,153
2016 $2,405 $186,397 $10,356 $176,041
2015 $2,288 $183,597 $10,200 $173,397
2014 $2,860 $234,260 $10,504 $223,756
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: The MLS

MLS Number: 18-315288

The MLS

APN: 0617-104-26