NOT LISTED FOR SALE

73452 El Paseo Dr Twentynine Palms, CA 92277

Estimated Value: $615,264 - $766,000

3 Beds
2 Baths
5,040 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $627,500 $125 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,362/month

24 Days on Market

Highlights

  • 0.48 Acre Lot
  • Laundry Room
  • Level Lot
  • No HOA

About This Home

As of September 2022

4-plex with each unit 3 bedrooms, 2 baths, open living room, dining, and kitchen. Separate laundry room, slider to fenced backyard. Metered separately, covered parking for 2. Close to schools. All units currently rented with appliances including gas oven. Great for military personnel.

Last Agent to Sell the Property

Laura J Coleman

CORCORAN GLOBAL LIVING Brokerage Phone: 909-553-5274 License #01832428 Listed on: 07/08/2022

CORCORAN GLOBAL LIVING

Co-Listed By

Jeffrey Perlis

Prime Properties Brokerage Phone: 909-553-5274 License #01080672

Last Buyer's Agent

Scott Murillo

Scott Murillo Real Estate Services License #01710576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,072

Year Built

  • Built in 2006

Lot Details

  • 0.48 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Level Lot

Home Design

  • 5,040 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 6
  • Tax Tract Number 2957
  • Assessor Parcel Number 0618282160000
  • $367 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,437
  • Professional Management Expense $8,900
  • Trash Expense $200
  • Water Sewer Expense $1,900
  • Operating Expense $12,437
  • Gross Income $40,000
  • Net Operating Income $36,463

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,072

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Price Per Unit: 169750
  • Professional Management Expense: 8900.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1900.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0618282160000
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 124.50

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 21000.00
  • Lot Size Acres: 0.4821

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1260 Square Feet
  • Gross Income: 40000.00
  • Gross Scheduled Income: 48900.00
  • Insurance Expense: 1437.00
  • Lot Size Area: 21000.0000 Square Feet
  • Maintenance Percent: 1.00
  • Net Operating Income: 36463.00
  • 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
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 12437.00
  • Rent Control: No
  • Total Actual Rent: 40000.00
  • Total Expenses: 12437.00

Tax Info

  • Tax Census Tract: 104.33
  • Tax Lot: 6
  • Tax Tract Number: 2957
  • TaxOtherAnnualAssessmentAmount: 367.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 9, 2022
Sold by
Susan Crawford Revocable Trust
Bought by
Murillo Scott S
Seller's Agent
Laura J Coleman
CORCORAN GLOBAL LIVING
Buyer's Agent
Scott Murillo
Scott Murillo Real Estate Services
List Price
$679,000
Sold Price
$627,500
Premium/Discount to List
-$51,500
-7.58%
Views
12
Current Estimated Value
$692,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,066
Avg. Annual Appreciation
3.41%
Original Mortgage
$470,625
Outstanding Balance
$449,329
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$243,237

Purchase Details

Closed on
Jul 11, 2012
Sold by
Harrison Michael Moore
Bought by
Crawford Susan and Susan Crawford Revocable Trust

Purchase Details

Closed on
Jun 18, 2010
Sold by
Us Bank National Association
Bought by
Harrison Michael Moore and Harrison Lisette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 4, 2010
Sold by
Paolim Tom V
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 29, 2005
Sold by
Sunwest Development Llc
Bought by
Paolim Tom V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 25, 2004
Sold by
Bishop Lloyd George
Bought by
Sunwest Development Llc
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
Murillo Scott S $640,000 Stewart Title
Crawford Susan $360,000 First American Title Company
Harrison Michael Moore $200,000 Lawyers Title
Us Bank National Association $350,000 Accommodation
Paolim Tom V $575,000 Orange Coast Title
Sunwest Development Llc $18,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murillo Scott S $470,625
Previous Owner Harrison Michael Moore $160,000
Previous Owner Sunwest Development Llc $790,000
Previous Owner Paolim Tom V $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $627,500 -7.6% $125 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $679,000 -- $135 / 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 $7,072 $665,856 $104,040 $561,816
2024 $7,072 $652,800 $102,000 $550,800
2023 $6,933 $640,000 $100,000 $540,000
2022 $3,269 $292,421 $23,208 $269,213
2021 $3,234 $286,687 $22,753 $263,934
2020 $3,208 $283,748 $22,520 $261,228
2019 $3,159 $278,184 $22,078 $256,106
2018 $3,086 $272,729 $21,645 $251,084
2017 $3,055 $267,382 $21,221 $246,161
2016 $2,999 $262,139 $20,805 $241,334
2015 $3,105 $258,201 $20,492 $237,709
2014 $3,087 $253,144 $20,091 $233,053
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RW22150056

California Regional Multiple Listing Service (CRMLS)

APN: 0618-282-16