$315,000
SOLD MAY 7, 2024

72404 Cactus Dr Twentynine Palms, CA 92277

2 Beds
3 Baths
1,764 Sq Ft
0.52 Acres

Recently Sold

$179 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • 0.52 Acre Lot
  • Evaporated cooling system
  • Laundry Room
  • Corner Lot
  • Living Room
  • 1-Story Property

About This Home

As of May 2024

Rare opportunity to own a centrally located duplex (ZONED COMMERCIAL OFFICE) in the flourishing “Smoketree” neighborhood of 29 Palms! Under the "Commercial Office" zoning, usage includes: duplex/mulit-family residential; so there are several great opportunities a buyer could take advantage of with owning this property! This corner lot property is nicely situated on .51 acres of land with beautiful mountain views and great proximity to all 29 Palms has to offer. Rent out both units to maximize your investment or live in 1 and rent out the other! Unit A features 1 bed/1bath with high ceilings, beautiful exposed beams & wood-like laminate flooring throughout. The kitchen is complete with tile flooring, ample cabinet space, recessed lighting and just off the kitchen is a lovely formal dining area. Unit B features 1 bedroom, 2 bathrooms and a charming common area anchored with a stunning white fireplace and a large picture window that invites in an abundance of natural light. Unit B also has washer/dryer hookups and both units have their own evaporative coolers. Outside you'll find 30 & 50 amp RV parking, a fully fenced yard with privacy fencing and a detached garage that has been converted into an artist’s studio. Located just minutes from downtown, schools, shopping, Joshua Tree National Park, the Marine Corps base and more! Call and schedule your showing today, your new desert home, income property or weekend retreat awaits!

Last Agent to Sell the Property

Shantel Schaut

Coldwell Banker Roadrunner Brokerage Phone: 760-221-5164 License #02015470 Listed on: 02/05/2024

Coldwell Banker Roadrunner

Last Buyer's Agent

Jonathan Schwartz

Jonathan Schwartz License #01937686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,517

Year Built

  • Built in 1947

Lot Details

  • 0.52 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Desert faces the front and back of the property
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2555
  • Assessor Parcel Number 0616091070000
  • $2,378 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,517

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 165000
  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0616091070000
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 178.57
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Desert Back, Desert Front
  • Lot Size Sq Ft: 22500.00
  • Lot Size Acres: 0.5165

Multi Family

  • Lot Size Area: 22500.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 104.15
  • Tax Lot: 19
  • Tax Tract Number: 2555
  • TaxOtherAnnualAssessmentAmount: 2378.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 21, 2024
Sold by
Otis-Diehl Paul Kip
Bought by
Schwartz Jonathan Leo
Seller's Agent
Shantel Schaut
Coldwell Banker Roadrunner
Buyer's Agent
Jonathan Schwartz
Jonathan Schwartz
List Price
$330,000
Sold Price
$315,000
Premium/Discount to List
-$15,000
-4.55%
Views
73
Current Estimated Value
$305,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,978
Avg. Annual Appreciation
-2.24%
Original Mortgage
$283,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2010
Sold by
Bank Of America National Association
Bought by
Otis Diehl Paul Kip

Purchase Details

Closed on
Apr 26, 2010
Sold by
Dang Randall M
Bought by
Bank Of America National Association

Purchase Details

Closed on
Dec 27, 2006
Sold by
Famil Dang Randall M
Bought by
Dang Randall M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
7.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 22, 2005
Sold by
Rodriguez Beatriz
Bought by
Randall M Dang Revocable Family Trust

Purchase Details

Closed on
May 16, 2000
Sold by
Kelley John W
Bought by
Rodriguez Beatriz
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 $315,000 Corinthian Title Company
Grant Deed $46,500 Investors Title Company
Trustee Deed $54,473 Accommodation
Interfamily Deed Transfer -- Old Republic Title
Grant Deed $110,000 Landsafe Title Of California
Grant Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $283,500 New Conventional
Previous Owner $73,000 Stand Alone Second
Previous Owner $152,800 Stand Alone Refi Refinance Of Original Loan
Previous Owner $10,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $315,000 0.0% $179 / Sq Ft
05/07/2024 05/07/24 Sold $315,000 -4.5% $179 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
03/14/2024 03/14/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $330,000 0.0% $187 / Sq Ft
02/05/2024 02/05/24 For Sale $330,000 -- $187 / 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 $1,517 $321,300 $51,000 $270,300
2024 $1,517 $70,774 $15,075 $55,699
2023 $3,027 $69,386 $14,779 $54,607
2022 $2,988 $68,025 $14,489 $53,536
2021 $2,969 $66,691 $14,205 $52,486
2020 $2,938 $66,007 $14,059 $51,948
2019 $2,862 $64,712 $13,783 $50,929
2018 $2,829 $63,443 $13,513 $49,930
2017 $1,224 $62,199 $13,248 $48,951
2016 $1,201 $60,979 $12,988 $47,991
2015 $1,114 $60,063 $12,793 $47,270
2014 $1,107 $58,886 $12,542 $46,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT24025614

California Regional Multiple Listing Service (CRMLS)

APN: 0616-091-07