NOT LISTED FOR SALE

7124 Murray Ln Yucca Valley, CA 92284

Estimated Value: $284,000 - $382,757

2 Beds
2 Baths
1,610 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $105,000 $65 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $2,065/month

197 Days on Market

Highlights

  • Cul-De-Sac
  • Humidity Control
  • Back Yard

About This Home

As of November 2015

Nice cul-de-sac of similar duplexes…...... Walking distance to shopping,.........restaurants and transportation…......Great central location..........

One unit in process of being rented for 595 or can be occupied by buyer........

Seller will consider assisting Buyer with closing costs. FHA is only 3.5% down..........

A veteran can buy with zero down payment and no closing costs

Last Agent to Sell the Property

Tim Marshall

Timothy Marshall License #00328922 Listed on: 03/23/2015

Last Buyer's Agent

Andy Patel

Coldwell Banker Roadrunner License #01870067

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,824

Year Built

  • Built in 1985

Lot Details

  • 8,700 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Back Yard

Home Design

  • 1,610 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Unassigned Parking

Location

  • Suburban Location

Utilities

  • Humidity Control
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 11925
  • Assessor Parcel Number 0595282490000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $300
  • New Taxes Expense $2,000
  • Gross Income $1,150
  • Net Operating Income $10,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,824

Year Built

Built in 1985

Lot Details

0

Listing Details

  • CapRate: 7.60
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 0595282490000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 65.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Humidity Control
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Lot 6500-9999
  • Lot Size Sq Ft: 8700.00
  • Price Per Lot Square Foot: 12.07
  • Lot Size Acres: 0.2000

Multi Family

  • Gross Income: 1150.00
  • Gross Scheduled Income: 12800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 8700.0000 Square Feet
  • Net Operating Income: 10240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2560.00
  • Operating Expense Percent: 20.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2000.00
  • Tax Lot: 37
  • Tax Tract Number: 11925
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2016
Sold by
Young Terry L
Bought by
Young Terry L and Young Cassandra M
Current Estimated Value
$330,189

Purchase Details

Listed on
Mar 23, 2015
Closed on
Oct 13, 2015
Sold by
Cosgrove Michael B
Bought by
Young Terry L and Young Cassandra M
Seller's Agent
Tim Marshall
Timothy Marshall
Buyer's Agent
Andy Patel
Coldwell Banker Roadrunner
List Price
$159,000
Sold Price
$105,000
Premium/Discount to List
-$54,000
-33.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.16%
Original Mortgage
$70,000
Outstanding Balance
$54,944
Interest Rate
3.81%
Mortgage Type
Seller Take Back
Estimated Equity
$275,245

Purchase Details

Closed on
Oct 18, 2006
Sold by
Cosgrove Naomi
Bought by
Cosgrove Naomi and The Cosgrove Living Trust

Purchase Details

Closed on
Jun 2, 1998
Sold by
Morrison Charles K
Bought by
Cosgrove Naomi

Purchase Details

Closed on
Oct 18, 1995
Sold by
Perkins Robert J
Bought by
Morrison Charles K and Morrison Janis L
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
Young Terry L -- None Available
Young Terry L $105,000 First American Title Company
Cosgrove Naomi -- None Available
Cosgrove Naomi $35,000 First American Title
Morrison Charles K $9,666 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Terry L $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2015 11/06/15 Sold $105,000 -34.0% $65 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $159,000 -- $99 / 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 $3,824 $124,298 $17,756 $106,542
2024 $3,824 $121,861 $17,408 $104,453
2023 $3,472 $119,472 $17,067 $102,405
2022 $3,306 $117,129 $16,732 $100,397
2021 $3,461 $114,832 $16,404 $98,428
2020 $3,469 $113,655 $16,236 $97,419
2019 $2,254 $111,427 $15,918 $95,509
2018 $1,879 $109,242 $15,606 $93,636
2017 $1,339 $107,100 $15,300 $91,800
2016 $1,315 $55,621 $6,621 $49,000
2015 $679 $54,786 $6,522 $48,264
2014 $674 $53,713 $6,394 $47,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15060147

California Regional Multiple Listing Service (CRMLS)

APN: 0595-282-49