NOT LISTED FOR SALE

74052 Pinon Dr Unit B Twentynine Palms, CA 92277

Estimated Value: $454,000 - $487,140

7 Beds
4 Baths
3,147 Sq Ft
$150/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $345,000 $110 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,938/month

20 Days on Market

Highlights

  • Near a National Forest
  • Park
  • Laundry Room

About This Home

As of April 2021

This triplex has 2 units of 2 bedrooms, 1 bath and 1 unit with 3 bedrooms and 2 bath. Located in a prime rental market near historic, downtown 29 Palms and the Marine Corps base, you’ll have no trouble finding tenants able to cover rent. Each unit includes a laundry area and fenced backyard. The triplex is easy to maintain and has enough parking spaces for both tenants and guests. Don’t miss this opportunity to own prime investment property in 29 Palms economic development!

Last Agent to Sell the Property

J. Ovier Alvarez

Joshua Tree Gateway AOR License #02058392 Listed on: 01/21/2021

Joshua Tree Gateway AOR

Last Buyer's Agent

Joseph Lopez

COMPASS License #01932223

COMPASS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,789

Year Built

  • Built in 1984

Lot Details

  • 0.4 Acre Lot
  • No Common Walls
  • Rural Setting
  • No Landscaping
  • Density is 2-5 Units/Acre

Home Design

  • 3,147 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Water Not Available
  • Septic Type Unknown
  • Shared Septic

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 36
  • Tax Tract Number 2564
  • Assessor Parcel Number 0617222100000

Community Details

Overview

  • 3 Units
  • Near a National Forest
  • Mountainous Community

Recreation

  • Park
  • Dog Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,881
  • Trash Expense $104
  • Water Sewer Expense $156
  • New Taxes Expense $1,090
  • Operating Expense $17
  • Gross Income $28,140
  • Net Operating Income $26,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,789

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 156.00
  • Property Type: Residential Income
  • Parcel Number: 0617222100000
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 109.63

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Septic Type Unknown, Shared Septic
  • Trash Expense: 104.00
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Blm/National Forest, Dog Park, Park, Mountainous, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft, No Landscaping
  • Lot Size Sq Ft: 17500.00
  • Lot Size Acres: 0.4017

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 28140.00
  • Gross Scheduled Income: 28140.00
  • Insurance Expense: 1881.00
  • Lot Size Area: 17500.0000 Square Feet
  • Net Operating Income: 26368.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 1772.00
  • Rent Control: No
  • Total Expenses: 17.00

Tax Info

  • New Taxes Expense: 1090.00
  • Tax Census Tract: 104.21
  • Tax Lot: 36
  • Tax Tract Number: 2564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2022
Sold by
Robles Eunice J
Bought by
Oaktree Living Trust
Current Estimated Value
$470,535

Purchase Details

Listed on
Jan 21, 2021
Closed on
Apr 8, 2021
Sold by
Robles Daniel
Bought by
Robles Eunice J
Seller's Agent
J. Ovier Alvarez
Joshua Tree Gateway AOR
Buyer's Agent
Joseph Lopez
COMPASS
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$264,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2021
Closed on
Mar 2, 2021
Sold by
Serrano Antonio
Bought by
Robles Eunice J
Seller's Agent
J. Ovier Alvarez
Joshua Tree Gateway AOR
Buyer's Agent
Joseph Lopez
COMPASS
List Price
$355,000
Sold Price
$345,000
Premium/Discount to List
-$10,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2016
Sold by
Gunderson Jeffrey S
Bought by
Serrano Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,039
Interest Rate
3.42%
Mortgage Type
VA

Purchase Details

Closed on
Jan 2, 2002
Sold by
Husband James A
Bought by
Husband James A and Husband Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
6.73%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 29, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gunderson Jeffrey S and Gunderson Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,700
Interest Rate
8.32%

Purchase Details

Closed on
Aug 8, 1994
Sold by
Specialized Inc
Bought by
Federal Home Loan Mortgage Corporation
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 Buyer Sale Price Title Company
Robles Eunice J -- Chicago Title
Robles Eunice J $352,000 Chicago Title
Serrano Antonio $183,000 Equity Title San Diego
Husband James A -- Equity Title
Gunderson Jeffrey S $62,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation $52,900 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles Eunice J $264,000
Previous Owner Serrano Antonio $189,039
Previous Owner Husband James A $56,200
Previous Owner Gunderson Jeffrey S $52,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $345,000 -2.8% $110 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $355,000 -- $113 / 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
2024 $3,789 $340,647 $22,285 $318,362
2023 $3,714 $333,968 $21,848 $312,120
2022 $3,637 $327,420 $21,420 $306,000
2021 $2,200 $196,213 $21,444 $174,769
2020 $2,180 $194,201 $21,224 $172,977
2019 $2,146 $190,393 $20,808 $169,585
2018 $2,097 $186,660 $20,400 $166,260
2017 $2,073 $183,000 $20,000 $163,000
2016 $1,415 $114,931 $12,772 $102,159
2015 $1,478 $113,204 $12,580 $100,624
2014 $1,470 $110,987 $12,334 $98,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT21012877

California Regional Multiple Listing Service (CRMLS)

APN: 0617-222-10