NOT LISTED FOR SALE

7466 Olympic Rd Joshua Tree, CA 92252

Estimated Value: $328,000 - $501,000

4 Beds
2 Baths
1,452 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $137,500 $95 Per Sq Ft

Est. 209% increase in value since last sale

Current estimated payment $2,428/month

22 Days on Market

Highlights

  • Mountain View
  • Ranch Style House
  • Split Rail Fence

About This Home

As of September 2016

Great location in Joshua Tree with great views and room to build more units. 2 bedroom, 1 bath units each with their own garage. Well maintained and groomed with concrete driveways, mature landscape, separate meters and newer roof.

Last Agent to Sell the Property

Jeffrey Poland

Coldwell Banker Roadrunner License #01363904 Listed on: 07/24/2016

Coldwell Banker Roadrunner

Last Buyer's Agent

Jeffrey Poland

Coldwell Banker Roadrunner License #01363904 Listed on: 07/24/2016

Coldwell Banker Roadrunner

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1985

Lot Details

  • 0.72 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Split Rail Fence

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Desert

Home Design

  • 1,452 Sq Ft Home
  • Ranch Style House
  • Property Attached
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Conventional Septic

Listing and Financial Details

  • Tax Lot 88
  • Tax Tract Number 5656
  • Assessor Parcel Number 0588143120000

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $1,250
  • Net Operating Income $15,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Architectural Style: Ranch
  • Property Type: Residential Income
  • Parcel Number: 0588143120000
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 94.70

Exterior Features

  • View: Desert, Mountain(s)
  • Fencing: Split Rail
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 31383.00
  • Price Per Lot Square Foot: 5.10

Multi Family

  • Gross Income: 1250.00
  • Gross Scheduled Income: 15000.00
  • Net Operating Income: 15000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 88
  • Tax Tract Number: 5656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2016
Closed on
Aug 26, 2016
Sold by
Porter James P
Bought by
Poland Michael Dean and Poland Dora Jean
Seller's Agent
Jeffrey Poland
Coldwell Banker Roadrunner
Buyer's Agent
Jeffrey Poland
Coldwell Banker Roadrunner
List Price
$159,900
Sold Price
$137,500
Premium/Discount to List
-$22,400
-14.01%
Current Estimated Value
$424,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,471
Avg. Annual Appreciation
13.54%

Purchase Details

Closed on
Sep 2, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Porter Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2008
Sold by
Mcnally Thomas
Bought by
Not Provided

Purchase Details

Closed on
Aug 9, 2006
Sold by
Garcia Fidel
Bought by
Mcnally Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,333
Interest Rate
6.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 2004
Sold by
Lavoie Madelaine
Bought by
Garcia Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Lavoie Steven
Bought by
Lavoie Madelaine and Lavoie Family Trust

Purchase Details

Closed on
Oct 17, 2002
Sold by
Foschetti Vito
Bought by
Lavoie Steven and Lavoie Madelaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
4.88%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Crow Marvin W
Bought by
Foschetti Vito and Foschetti Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,375
Interest Rate
6.99%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Poland Michael Dean $137,500 Title 365 Company
Porter Robert M $135,000 Southland Title
Porter Robert M -- Southland Title
Not Provided $195,050 Accommodation
Mcnally Thomas $285,000 Financial Title Company
Garcia Fidel $180,000 Fidelity National Title Co
Lavoie Madelaine -- Fidelity National Title
Lavoie Steven $105,000 Fidelity National Title
Foschetti Vito $65,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poland Michael Dean $266,000
Previous Owner Porter Robert M $108,000
Previous Owner Mcnally Thomas $13,333
Previous Owner Mcnally Thomas $228,000
Previous Owner Garcia Fidel $144,000
Previous Owner Lavoie Steven $73,600
Previous Owner Foschetti Vito M $17,375
Previous Owner Foschetti Vito $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $137,500 -14.0% $95 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
07/24/2016 07/24/16 For Sale $159,900 -- $110 / 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 $2,194 $159,581 $29,015 $130,566
2024 $2,194 $156,452 $28,446 $128,006
2023 $2,154 $153,384 $27,888 $125,496
2022 $2,114 $150,376 $27,341 $123,035
2021 $2,091 $147,428 $26,805 $120,623
2020 $2,074 $145,916 $26,530 $119,386
2019 $2,175 $143,055 $26,010 $117,045
2018 $1,997 $140,250 $25,500 $114,750
2017 $1,978 $149,795 $27,742 $122,053
2016 $2,099 $146,858 $27,198 $119,660
2015 $2,058 $144,652 $26,789 $117,863
2014 $2,078 $141,818 $26,264 $115,554
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT16161639

California Regional Multiple Listing Service (CRMLS)

APN: 0588-143-12