NOT LISTED FOR SALE

7516 Bannock Trail Yucca Valley, CA 92284

Estimated Value: $408,000 - $503,000

6 Beds
3 Baths
2,673 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $205,000 $77 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,865/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Evaporated cooling system
  • Heating System Uses Natural Gas
  • Near a National Forest
  • Laundry Room

About This Home

As of February 2017

Fantastic investment opportunity. This tri-plex is super clean and in centralized area for ease of commutes. All units are 2 bedrooms, 1 baths, with their own garages. The unit has their own natural gas hook ups with wall heaters. Cooled by affordable evaporative coolers. Each unit has a back patio area, and there is additional parking beside the garage space. This plex has a newer roof, separate electric meters and all units are currently rented. Call today for more information.

Last Agent to Sell the Property

Julie Bruley

Inspire Real Estate License #01702999 Listed on: 11/15/2016

Last Buyer's Agent

Dori Abel

Inspire Real Estate License #01948404

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Rural Setting
  • Desert faces the front and back of the property

Parking

  • 3 Car Garage

Home Design

  • 2,673 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 84
  • Tax Tract Number 104
  • Assessor Parcel Number 0586282180000

Community Details

Overview

  • 3 Units
  • Near a National Forest
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $867
  • Trash Expense $660
  • Water Sewer Expense $2,090
  • New Taxes Expense $1,643
  • Operating Expense $5,260
  • Gross Income $2,000
  • Net Operating Income $1,531

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2090.00
  • Property Type: Residential Income
  • Parcel Number: 0586282180000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 76.69
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Inside
  • Sewer: Conventional Septic
  • Trash Expense: 660.00
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Blm/National Forest, Foothills, Mountainous, Preserve/Public Land, Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Back, Desert Front
  • Lot Size Sq Ft: 12350.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2000.00
  • Gross Scheduled Income: 2000.00
  • Insurance Expense: 867.00
  • Net Operating Income: 1531.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 469.00
  • Rent Control: No
  • Total Actual Rent: 2000.00
  • Total Expenses: 5260.00

Tax Info

  • New Taxes Expense: 1643.00
  • Tax Census Tract: 104.13
  • Tax Lot: 84
  • Tax Tract Number: 104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2016
Sold by
Grand Clara Llc
Bought by
Baouni Qasem
Current Estimated Value
$445,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2012
Closed on
Jul 12, 2012
Sold by
Cross James D and Cross Lucille L
Bought by
Grand Clara Llc
Seller's Agent
Polly Watts
Wedgewood Homes Realty
Buyer's Agent
Julie Bruley
Inspire Real Estate
List Price
$139,900
Sold Price
$129,000
Premium/Discount to List
-$10,900
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Listed on
Jan 13, 2012
Closed on
Jun 27, 2012
Sold by
Riverhawk Property Management Llc
Bought by
Cross James D and Cross Lucille L
Seller's Agent
Polly Watts
Wedgewood Homes Realty
Buyer's Agent
Julie Bruley
Inspire Real Estate
List Price
$139,900
Sold Price
$129,000
Premium/Discount to List
-$10,900
-7.79%

Purchase Details

Closed on
Apr 12, 2011
Sold by
Gutierrez Fernando and Hernandez Sagrario
Bought by
Riverhawk Property Management Llc

Purchase Details

Closed on
May 16, 2008
Sold by
Gutierrez Fernando and Hernandez Sagrario
Bought by
Gutierrez Fernando and Gutierrez Araceli

Purchase Details

Closed on
Dec 7, 2005
Sold by
Mayer Virgil and Mayer Allycemae
Bought by
Gutierrez Fernando and Hernandez Sagrario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,900
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 15, 2003
Sold by
Cooper Benjamin F and Cooper Estelle R
Bought by
Mayer Virgil F and Mayer Allycemae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Mayer Virgil F and Cooper Benjamin F
Bought by
Cooper Benjamin F and Cooper Estelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,321
Interest Rate
6.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Baouni Qasem $205,000 Fidelity National Title Co
Grand Clara Llc -- None Available
Cross James D $129,000 Fidelity National Title
Riverhawk Property Management Llc $91,600 Fidelity National Title
Gutierrez Fernando -- Accommodation
Gutierrez Fernando $350,000 First American
Mayer Virgil F $35,000 Chicago San Diego
Cooper Benjamin F -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baouni Qasem $153,750
Previous Owner Gutierrez Fernando $244,900
Previous Owner Mayer Virgil F $129,500
Previous Owner Cooper Benjamin F $94,321
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/01/2017 02/01/17 Sold $205,000 -8.8% $77 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $224,900 +74.3% $84 / Sq Ft
06/29/2012 06/29/12 Sold $129,000 -7.8% $48 / Sq Ft View Prior Sale
06/13/2012 06/13/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $139,900 -- $52 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,596 $237,919 $46,423 $191,496
2024 $6,205 $233,254 $45,513 $187,741
2023 $5,672 $228,681 $44,621 $184,060
2022 $5,402 $224,197 $43,746 $180,451
2021 $5,629 $219,801 $42,888 $176,913
2020 $4,677 $217,547 $42,448 $175,099
2019 $3,871 $213,282 $41,616 $171,666
2018 $3,383 $209,100 $40,800 $168,300
2017 $1,712 $136,874 $20,159 $116,715
2016 $1,681 $134,190 $19,764 $114,426
2015 $1,643 $132,174 $19,467 $112,707
2014 $1,629 $129,585 $19,086 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT16747648

California Regional Multiple Listing Service (CRMLS)

APN: 0586-282-18

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