NOT LISTED FOR SALE

73577 Sunnyslope Dr Twentynine Palms, CA 92277

Estimated Value: $370,924 - $545,000

2 Beds
2 Baths
3,168 Sq Ft
$152/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $140,000 $44 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,806/month

22 Days on Market

Highlights

  • 0.49 Acre Lot
  • Evaporated cooling system
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of June 2013

Money making Fourplex in the military town of 29 Palms, soon to be home to the Tortoise Rock Casino proposed for completion by the end of 2013. All units are currently rented, with two long term, 7+ year tenants. Each unit is two bedrooms with two bathrooms, and exterior laundry room enclosures for the private use of each unit. All are equipped with affordable, natural gas appliances and gas wall furnaces for heating. Energy efficient evaporative cooling are installed for all four units. There are 2 parking spaces for each, with additional parking available on the street. Current rents do not reflect local rental market potential. Agent feels that with minor repairs and restructuring an owner could see a greater profit than currently available. There is one water meter for complex. Each unit is metered separately for Electric and Gas. Water and Trash service is included in the rent. Please do not disturb our tenants. We will make viewing accommodations for serious, qualified Buyers and their Agents.

Last Agent to Sell the Property

Melissa Shupp

Berkshire Hathaway Homeservices California Properties License #01796109 Listed on: 04/16/2013

Berkshire Hathaway Homeservices California Properties

Last Buyer's Agent

Willow Tobin

Willow Tree Realty License #01366363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1986

Lot Details

  • 0.49 Acre Lot
  • 1 Common Wall
  • Chain Link Fence

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 3,168 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking
  • Parking Lot
  • Unassigned Parking

Utilities

  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 19
  • Tax Tract Number 2619
  • Assessor Parcel Number 0618333030000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • New Taxes Expense $1,581
  • Gross Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,085

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 0618333030000
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 44.19
  • Room Type: Master Bedroom

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Asphalt, Driveway, On Site, Parking Space, Unassigned, Uncovered
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 21200.00
  • Lot Size Acres: 0.4870

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 792
  • Gross Income: 2000.00
  • Gross Scheduled Income: 2000.00
  • Lot Size Area: 21200.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Other Expense Description: UNKNOWN
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1581.00
  • Tax Lot: 19
  • Tax Tract Number: 2619
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2013
Sold by
James Kurt
Bought by
James Luanne F
Current Estimated Value
$482,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2013
Sold by
James Luanne F
Bought by
Flora Glenda Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2012
Sold by
James Luanne F
Bought by
James Luanne F and James Family Trust

Purchase Details

Closed on
Sep 9, 2004
Sold by
Gregory Patricia F
Bought by
Gregory Patricia F and Patricia F Gregory Trust

Purchase Details

Closed on
Apr 2, 2001
Sold by
Fat Chao Lo Management Inc
Bought by
Gregory David E and Gregory Patricia F

Purchase Details

Closed on
Feb 20, 2001
Sold by
Norwest Mtg Inc
Bought by
Fat Chao Lo Management Inc

Purchase Details

Closed on
Feb 22, 2000
Sold by
John John F F
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Aug 23, 1994
Sold by
Hud
Bought by
John John F F and John Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,959
Interest Rate
8.58%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 1994
Sold by
Midland Mtg Co
Bought by
Hud

Purchase Details

Closed on
Feb 7, 1994
Sold by
Cal Western Reconveyance Corp
Bought by
Midland Mtg Company
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
James Luanne F -- Landwood Title Company
Flora Glenda Lee $140,000 Landwood Title
James Luanne F -- None Available
James Luanne F -- None Available
Gregory Patricia F -- --
Gregory David E $28,000 American Title Co
Fat Chao Lo Management Inc -- American Title Co
Norwest Mtg Inc $60,224 Fidelity Title
John John F F $56,000 Continental Lawyers Title Co
Hud -- United Title Co
Midland Mtg Company $124,869 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flora Glenda Lee $94,500
Previous Owner John John F F $54,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2013 06/19/13 Sold $140,000 -20.0% $44 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
02/25/2013 02/25/13 For Sale $174,900 -- $55 / 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 $3,085 $155,160 $18,470 $136,690
2024 $3,085 $152,118 $18,108 $134,010
2023 $2,902 $149,135 $17,753 $131,382
2022 $2,827 $146,211 $17,405 $128,806
2021 $2,795 $143,344 $17,064 $126,280
2020 $2,757 $141,874 $16,889 $124,985
2019 $2,623 $139,092 $16,558 $122,534
2018 $2,554 $136,364 $16,233 $120,131
2017 $2,515 $133,690 $15,915 $117,775
2016 $2,472 $131,069 $15,603 $115,466
2015 $2,601 $129,101 $15,369 $113,732
2014 $2,589 $140,636 $15,068 $125,568
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DC13030388

California Regional Multiple Listing Service (CRMLS)

APN: 0618-333-03