NOT LISTED FOR SALE

7282 Olympic Rd Joshua Tree, CA 92252

Estimated Value: $551,000 - $645,000

0.48 Acre
$1,264,720 Price per Acre
20,756 Sq Ft Lot

Last Sold May 05, 2021

Last sale price $75,000

Est. 704% increase in value since last sale

Current estimated payment $3,863/month

509 Days on Market

About This Lot

As of May 2021

Attention Investors! This property is located in a beautiful residential area of south Joshua Tree, on a paved road. It's zoned multiple residential. It also features three paid water meters! Seller will include with the sale plans the original owner had for a triplex home (3 bd/2ba), plus 2 smaller units (2 bd/2ba and a 1 bd/2ba). This parcel also adjoins the preserve, so unlikely there would ever be building behind it. This is a rare find for someone that would like to build multi family units near the center of Joshua Tree, and Yucca Valley.

Last Agent to Sell the Property

Dawn Jonker

RE/MAX Consultants License #01728308 Listed on: 12/12/2019

Last Buyer's Agent

Joey Viramontes

Joshua Tree Realty License #02045014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,954

Year Built

  • 2023

Lot Details

  • 0.48

Property Views

  • Mountain
  • Desert

Additional Features

  • 0.48 Acre Lot
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0601441050000

Property Details

Property Type

Land

Est. Annual Taxes

$5,954

Year Built

2023

Lot Details

0

Listing Details

  • Property Type: D
  • Included In Sale: three water meters
  • Lp Sp Ratio: 0.9400
  • View Type: Desert, Mountain(s)
  • Co Selling Office Address: 55857 Twentynine Palms Highway, Yucca Valley, CA 92284
  • Internal Listing I D: 20200715194047399080000000
  • Listing I D: 219046073
  • Listing Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 61325 Twentynine Palms Hwy., Suite C, Joshua Tree, CA 92252
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Exterior Features

  • View: Yes

Utilities

  • Sewer: Septic Tank

Lot Info

  • Assessor Parcel Number: 0601441050000
  • Lot Acres: 0.4765
  • Lot Size: 20760.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2023
Sold by
Ma Phillip
Bought by
Ma Phillip and Lu Stephany
Total Days on Market
509
Current Estimated Value
$602,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,260
Outstanding Balance
$523,311
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$121,256

Purchase Details

Listed on
Dec 12, 2019
Closed on
Apr 29, 2021
Sold by
Lu Stephany
Bought by
Ma Phillip
Seller's Agent
Dawn Jonker
RE/MAX Consultants
Buyer's Agent
Joey Viramontes
Joshua Tree Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.56%

Purchase Details

Listed on
Dec 12, 2019
Closed on
Apr 7, 2021
Sold by
Cupsa Liviu M and Cupsa Renee Cherie
Bought by
Ma Phillip and Nguyen Hoang Minh
Seller's Agent
Dawn Jonker
RE/MAX Consultants
Buyer's Agent
Joey Viramontes
Joshua Tree Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%

Purchase Details

Listed on
Mar 12, 2015
Closed on
Feb 28, 2018
Sold by
Kennedy Jack P
Bought by
Hiebel Laureen Harriett and Cupsa Renee Cherie
Seller's Agent
Tony Cipolla
Joshua Tree Realty
Buyer's Agent
ED GREENSHIELDS
Joshua Tree Modern
List Price
$36,500
Sold Price
$36,000
Premium/Discount to List
-$500
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%

Purchase Details

Closed on
Oct 4, 2012
Sold by
Allenbach Mark S
Bought by
Kennedy Jack P

Purchase Details

Closed on
Jul 5, 2005
Sold by
Boulware C Ed
Bought by
Allenbach Mark S and Allenbach Dora

Purchase Details

Closed on
Feb 15, 2005
Sold by
Mehta Narendra L
Bought by
Boulware C Ed
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ma Phillip -- Ticor Title
Ma Phillip -- Fidelity National Title Co
Nguyen Hoang Minh -- Fidelity National Ttl Co Ie
Ma Phillip $75,000 Fidelity Natl Ttl Inland Emp
Hiebel Laureen Harriett $36,000 Wfg Title Company
Kennedy Jack P $15,000 Fidelity National Title
Allenbach Mark S $47,500 Fidelity National Title Co
Boulware C Ed $35,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Phillip $537,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $75,000 -6.3% --
12/12/2019 12/12/19 For Sale $80,000 +122.2% --
03/14/2018 03/14/18 Sold $36,000 0.0% --
02/15/2018 02/15/18 Pending -- -- --
01/30/2018 01/30/18 Off Market $36,000 -- --
03/12/2015 03/12/15 For Sale $36,500 -- --
Source: California Desert Association of REALTORS®

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 $5,954 $499,355 $78,555 $420,800
2023 $1,176 $78,030 $78,030 $0
2022 $1,152 $76,500 $76,500 $0
2021 $680 $37,842 $37,842 $0
2020 $672 $37,454 $37,454 $0
2019 $697 $36,720 $36,720 $0
2018 $270 $16,233 $16,233 $0
2017 $267 $15,915 $15,915 $0
2016 $263 $15,603 $15,603 $0
2015 $279 $15,369 $15,369 $0
2014 $260 $15,068 $15,068 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219046073

California Desert Association of REALTORS®

APN: 0601-441-05