NOT LISTED FOR SALE

6688 Split Rock Ave Twentynine Palms, CA 92277

Estimated Value: $350,000 - $434,000

1 Bed
2 Baths
1,723 Sq Ft
$229/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $325,000 $189 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,396/month

5 Days on Market

Highlights

  • Near a National Forest
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA

About This Home

As of January 2022

Check out this income property that is fully occupied and cash flowing. This quadruplex is located centrally in the booming 29 Palms area. This property is located near Joshua Tree National Park and the worlds largest Marine Base. This property was built in1947 but has been renovated with A/C and new windows. The electric and gas on the property are sub-metered.

Last Agent to Sell the Property

Bret Enochs

Coldwell Banker Roadrunner License #02103682 Listed on: 07/26/2021

Coldwell Banker Roadrunner

Last Buyer's Agent

Steve Enochs

Coldwell Banker Roadrunner License #01209428

Coldwell Banker Roadrunner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Year Built

  • Built in 1949

Lot Details

  • 0.33 Acre Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,723 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 185
  • Tax Tract Number 2520
  • Assessor Parcel Number 0617093170000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Near a National Forest

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $4,904
  • Fuel Expense $44
  • Insurance Expense $800
  • Trash Expense $839
  • Water Sewer Expense $667
  • New Taxes Expense $4,248
  • Operating Expense $11,502
  • Gross Income $32,580
  • Net Operating Income $21,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 667.00
  • Property Type: Residential Income
  • Parcel Number: 0617093170000
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 188.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Conventional Septic
  • Trash Expense: 839.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14400.00
  • Lot Size Acres: 0.3306

Multi Family

  • Electric Expense: 4904.00
  • Fuel Expense: 44.00
  • Gross Income: 32580.00
  • Gross Scheduled Income: 32580.00
  • Insurance Expense: 800.00
  • Lot Size Area: 14400.0000 Square Feet
  • Net Operating Income: 21078.00
  • 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
  • Operating Expense: 11502.00
  • Rent Control: Yes
  • Total Actual Rent: 2715.00
  • Total Expenses: 11502.00

Tax Info

  • New Taxes Expense: 4248.00
  • Tax Census Tract: 104.21
  • Tax Lot: 185
  • Tax Tract Number: 2520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Chris Chen Family Limited Partnership
Bought by
Cooper Rhiannon
Current Estimated Value
$394,200

Purchase Details

Closed on
Nov 16, 2011
Sold by
Banks Tyler E
Bought by
Chris Chen Family Limited Partnership

Purchase Details

Closed on
Jun 26, 2006
Sold by
Petre Cristian Radu Sorescu
Bought by
Banks Tyler E and Banks Jerriann I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2000
Sold by
Clark Ronald L
Bought by
Petre Cristian Radu Sorescu and Petre Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,940
Interest Rate
7.9%

Purchase Details

Closed on
Apr 1, 1997
Sold by
Chase Mtg Services Inc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,200
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 25, 1997
Sold by
Federal National Mortgage Association
Bought by
Clark Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,200
Interest Rate
7.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 1996
Sold by
Spurlock Moree
Bought by
Chase Mtg Services Inc and Chase Manhattan Mtg Corp
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
Cooper Rhiannon $325,000 Fidelity National Ttl Co Ie
Chris Chen Family Limited Partnership $62,000 Lawyers Title
Banks Tyler E -- First American Title Company
Petre Cristian Radu Sorescu $36,500 First American Title
Federal National Mortgage Association -- Fidelity National Title
Clark Ronald L $12,000 Fidelity National Title
Chase Mtg Services Inc $45,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Tyler E $224,000
Previous Owner Petre Cristian Radu Sorescu $28,940
Previous Owner Clark Ronald L $10,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $325,000 -7.1% $189 / Sq Ft
07/31/2021 07/31/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $349,888 -- $203 / 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
2025 $3,763 $344,892 $37,142 $307,750
2024 $3,763 $338,130 $36,414 $301,716
2023 $3,689 $331,500 $35,700 $295,800
2022 $1,130 $325,000 $35,000 $290,000
2021 $1,116 $87,029 $11,603 $75,426
2020 $1,104 $86,137 $11,484 $74,653
2019 $1,090 $84,448 $11,259 $73,189
2018 $1,068 $82,792 $11,038 $71,754
2017 $1,055 $81,169 $10,822 $70,347
2016 $1,035 $79,578 $10,610 $68,968
2015 $1,187 $78,383 $10,451 $67,932
2014 $1,181 $76,847 $10,246 $66,601
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Bret Enochs

    Coldwell Banker Roadrunner

    Section Image
  • Steve Enochs

    Buyer's Agent in 2022

    Steve Enochs

    Coldwell Banker Roadrunner

    (760) 437-5252

    16 in this area

    17 Total Sales

    Steve Enochs
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT21164155

California Regional Multiple Listing Service (CRMLS)

APN: 0617-093-17

California San Bernardino County Twentynine Palms 92277

6688 Split Rock Ave, Twentynine Palms, CA

This home is located at 6688 Split Rock Ave, Twentynine Palms, CA 92277 since 26 July 2021 and is currently estimated at $394,200, approximately $228 per square foot. This property was built in 1949. 6688 Split Rock Ave is a home located in San Bernardino County with nearby schools including Palm Vista Elementary School, Twentynine Palms Junior High School, and Twentynine Palms High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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