NOT LISTED FOR SALE

7435 Borrego Trail Yucca Valley, CA 92284

Estimated Value: $317,576 - $464,000

3 Beds
2 Baths
1,782 Sq Ft
$217/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $144,900 $81 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,610/month

152 Days on Market

Highlights

  • No HOA
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

As of July 2014

Great oppertunity for a good deal on a triplex in Yucca Valley. All three units are vacant and move in ready. Each unit has been fully renovated with new carpet, two tone paint, kitchen cabinets countertops and appliances. Unit "A" is a 2 bed 1 bath and both Unit's "B" and "C" are 1 bed 1 bath. This is a great oppertuinty and it is priced to sell and when opperational will generate over a 12 cap. Seller is only accepting cash offers.

Last Agent to Sell the Property

JASON YOUNG

VALLEY HOMES AND ESTATES License #01711627 Listed on: 05/14/2014

Last Buyer's Agent

Linda Paino

Tri-Valley Realty License #00639555

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,433

Year Built

  • Built in 1980

Lot Details

  • 9,866 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 80
  • Tax Tract Number 4155
  • Assessor Parcel Number 0587064110000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • New Taxes Expense $2,453
  • Gross Income $1,540
  • Net Operating Income $1,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,433

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 0587064110000
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 81.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 9866.00
  • Lot Size Acres: 0.2260

Multi Family

  • Gross Income: 1540.00
  • Gross Scheduled Income: 18480.00
  • Lot Size Area: 9866.0000 Square Feet
  • Net Operating Income: 1890.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2453.00
  • Tax Lot: 80
  • Tax Tract Number: 4155

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2016
Sold by
Loeb Althea
Bought by
The Loeb Family Trust
Current Estimated Value
$387,144

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 27, 2014
Sold by
Loeb John
Bought by
Loeb Althea
Seller's Agent
JASON YOUNG
VALLEY HOMES AND ESTATES
Buyer's Agent
Linda Paino
Tri-Valley Realty
List Price
$144,900
Sold Price
$144,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 18, 2014
Sold by
Partners Rental Income Return Llc
Bought by
Loeb Althea
Seller's Agent
JASON YOUNG
VALLEY HOMES AND ESTATES
Buyer's Agent
Linda Paino
Tri-Valley Realty
List Price
$144,900
Sold Price
$144,900

Purchase Details

Closed on
May 14, 2013
Sold by
Dci Investments Llc
Bought by
Partners Rental Income Return Llc

Purchase Details

Closed on
Feb 26, 2013
Sold by
Reed Ethel M
Bought by
Dci Investments Llc

Purchase Details

Closed on
Sep 28, 2008
Sold by
Rancourt Robin Craig
Bought by
Reed Raymond H and Reed Ethel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2001
Sold by
Romero Walter Paul
Bought by
Rancourt Robin Craig

Purchase Details

Closed on
Jul 20, 1998
Sold by
Catholic Charities San Bernardino/Rivers
Bought by
Romero Walter Paul and Romero Colleen Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.37%

Purchase Details

Closed on
Oct 23, 1997
Sold by
Whalen James J and Whalen Ann M Tr
Bought by
Catholic Charities San Bernardino/Rivers
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
The Loeb Family Trust -- None Available
Loeb Althea -- Fidelity National Title Co
Loeb Althea $145,000 Fidelity National Title Co
Partners Rental Income Return Llc $102,000 Lawyers Title Company
Dci Investments Llc $85,000 Commerce Title
Reed Raymond H $190,000 Fidelty National Title
Rancourt Robin Craig $72,500 Fidelity National Title Ins
Romero Walter Paul $50,000 First American Title Co
Catholic Charities San Bernardino/Rivers -- Universal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Partners Rental Income Return Llc $596,000
Previous Owner Reed Raymond H $135,000
Previous Owner Romero Walter Paul $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $144,900 0.0% $81 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $144,900 -- $81 / 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 $5,433 $170,735 $23,566 $147,169
2023 $4,917 $167,387 $23,104 $144,283
2022 $4,668 $164,105 $22,651 $141,454
2021 $3,678 $160,887 $22,207 $138,680
2020 $3,730 $159,237 $21,979 $137,258
2019 $3,155 $156,115 $21,548 $134,567
2018 $2,676 $153,053 $21,125 $131,928
2017 $1,875 $150,052 $20,711 $129,341
2016 $1,841 $147,110 $20,305 $126,805
2015 $1,800 $144,900 $20,000 $124,900
2014 $1,294 $102,463 $20,091 $82,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14011785

California Regional Multiple Listing Service (CRMLS)

APN: 0587-064-11