$525,000
SOLD OCT 3, 2022

73874 S Slope Dr Twentynine Palms, CA 92277

8 Beds
4 Baths
2,808 Sq Ft
0.6 Acres

Recently Sold

$187 Per Sq Ft

12% Below List Price

1 Day on Market

Highlights

  • 26,156 Sq Ft lot
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of February 2023

LOCATION, LOCATION, LOCATION! This, 4-Unit Complex in the heart of increasingly popular and booming 29 Palms! A stone throw to the world famous Johua Tree national park and Pappy and Harriets. EACH unit consists of two bedrooms and one bathroom and has its own carport parking. Three units are currently rented and one is vacant. The property sits on a little half acre, with limitless possibilities.

Last Agent to Sell the Property

Anthony Bauer

Coldwell Banker Realty License #01253129 Listed on: 08/31/2022

Coldwell Banker Realty

Last Buyer's Agent

Anthony Bauer

Angles License #01253129

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,793

Year Built

  • Built in 1985

Lot Details

  • 0.6 Acre Lot

Interior Spaces

  • 2,808 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Carport Spaces
  • 4 Car Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0623093240000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,793

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Attached/Detached: No
  • Levels: One
  • List Price per Sq Ft: 213.68
  • Lp Sp Ratio: 0.8800
  • Year Built: 1985
  • Internal Listing I D: 20220831183211571639000000
  • Listing I D: 219083865
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2808.00

Garage/Parking

  • Parking: Covered
  • Parking Info Total Carport Spaces: 4.00
  • Parking Info Total Parking Spaces: 4.00

Utilities

  • Number Electric Meters: 4
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Sewer: Septic Tank
  • Number Gas Meter: 4

Lot Info

  • Assessor Parcel Number: 0623093240000
  • Lot Size: 26156.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Feb 24, 2023
Sold by
Causley Family Trust
Bought by
Munguia Josefa
Seller's Agent
Tamas Batyi
Compass
Buyer's Agent
Jeanne Liebel
Real Broker
List Price
$625,000
Sold Price
$614,000
Premium/Discount to List
-$11,000
-1.76%
Views
54
Current Estimated Value
$616,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,045
Avg. Annual Appreciation
0.12%

Purchase Details

Listed on
Aug 31, 2022
Closed on
Sep 18, 2022
Sold by
Krucker Katherine Maree Merkie
Bought by
Causley Family Trust
Seller's Agent
Anthony Bauer
Coldwell Banker Realty
Buyer's Agent
Anthony Bauer
Compass
List Price
$600,000
Sold Price
$525,000
Premium/Discount to List
-$75,000
-12.5%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.41%
Original Mortgage
$390,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2020
Sold by
Chase Freda Ann Merkle and Chase Frederick E
Bought by
Krucker Katherine Maree Merkle

Purchase Details

Closed on
Sep 10, 2009
Sold by
Merkle Fred E
Bought by
Merkle Fred E and Merkle Julie Ann

Purchase Details

Closed on
Aug 30, 1994
Sold by
Hud
Bought by
Merkle Fred E and Merkle Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
8.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 7, 1994
Sold by
Leader Federal Bank For Svgs
Bought by
Hud

Purchase Details

Closed on
Dec 3, 1993
Sold by
T D Service Company
Bought by
Leader Federal Bank Of Svgs
Source: Public Records

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Range of Values:

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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 $614,000 Fidelity National Title
Grant Deed $522,000 Chicago Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $60,000 Continental Lawyers Title Co
Corporate Deed -- Northern Counties Title
Trustee Deed $132,319 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $390,000 New Conventional
Previous Owner $45,900 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Rented $1,200 0.0% --
06/22/2023 06/22/23 Price Changed $1,200 -7.7% $2 / Sq Ft
06/12/2023 06/12/23 For Rent $1,300 0.0% --
02/24/2023 02/24/23 Sold $614,000 -1.8% $219 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $625,000 +19.0% $223 / Sq Ft
10/03/2022 10/03/22 Sold $525,000 -12.5% $187 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $600,000 -- $214 / Sq Ft
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
2025 $6,793 $638,805 $127,969 $510,836
2024 $6,793 $626,280 $125,460 $500,820
2023 $6,660 $614,000 $123,000 $491,000
2022 $3,412 $306,000 $51,000 $255,000
2021 $2,690 $235,464 $47,303 $188,161
2020 $2,668 $233,050 $46,818 $186,232
2019 $2,628 $228,480 $45,900 $182,580
2018 $1,129 $88,577 $17,717 $70,860
2017 $1,116 $86,841 $17,370 $69,471
2016 $1,095 $85,138 $17,029 $68,109
2015 $1,245 $83,859 $16,773 $67,086
2014 $1,239 $82,216 $16,444 $65,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219083865

California Desert Association of REALTORS®

APN: 0623-093-24