NOT LISTED FOR SALE

7608 Olympic Rd Joshua Tree, CA

Estimated Value: $530,000 - $952,000

0.72 Acre
$1,007,470 Price per Acre
31,248 Sq Ft Lot

Last Sold April 25, 2022

Last sale price $125,000

Est. 478% increase in value since last sale

Current estimated payment $4,648/month

78 Days on Market

About This Lot

As of April 2022

Almost 3/4 of an Acre Lot, in a Quiet Neighborhood, centrally located, approximately 3 miles from both the Visitors Center to the Joshua Tree National Monument and Downtown Joshua Tree. Property backs up to undevelopable land.The lot is shovel ready for a Developer, 1st Time Home Buyer, Short Term Rental Vacation Unit, The Possibilities are ENDLESS......, Rent One Unit, Stay in the Other UnitHere's what's included;*Approved Perc Report*Issued grading permit PAID*Issued building permit for 2 units PAID*Issued address for 2 units PAID*Approved Construction Waste *Management Plan PAID*Issued Carport permit PAID*ATU Septic Proposal PAID*School fees PAIDWe've done all of the preliminary work for you.

Last Agent to Sell the Property

Alzander Thomas

El Paseo Realty Group License #01467463 Listed on: 12/28/2021

Last Buyer's Agent

Alzander Thomas

Rimrock Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,761

Year Built

  • 2022

Lot Details

  • 0.72 Acre Lot
  • Rectangular Lot

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 0588152070000

Property Details

Property Type

Land

Est. Annual Taxes

$9,761

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: D
  • Lp Sp Ratio: 0.8400
  • View Type: Desert, Hills, Panoramic, Mountain(s)
  • Water District Name: Joshua Basin Water District
  • Internal Listing I D: 20211228194439921475000000
  • Listing I D: 219071815
  • Listing Office Address: 74-140 El Paseo Suite 2, Palm Desert, CA 92260
  • Listing Office Fax: (760) 779-8084
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 74-140 El Paseo Suite 2, Palm Desert, CA 92260
  • Selling Office Fax: (760) 779-8084
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • View: Yes

Condo/Co-op/Association

  • Public Street: Yes

Lot Info

  • Assessor Parcel Number: 0588152070000
  • Lot Size: 31248.00
  • Lot Features: Rectangular Lot, Street Public, Single Lot

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Morongo Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Desert Ranger Construction Inc
Bought by
Joshua Tribe Investments Llc
Total Days on Market
78
Current Estimated Value
$722,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,700
Outstanding Balance
$165,627
Interest Rate
6.91%
Mortgage Type
Balloon

Purchase Details

Listed on
Dec 28, 2021
Closed on
Apr 14, 2022
Sold by
Emily Phelps
Bought by
Joshua Tribe Investments Llc
Seller's Agent
Alzander Thomas
El Paseo Realty Group
Buyer's Agent
Alzander Thomas
Rimrock Properties
List Price
$149,000
Sold Price
$125,000
Premium/Discount to List
-$24,000
-16.11%

Purchase Details

Closed on
Oct 30, 2019
Sold by
Chatters Metzger And Co Pllc
Bought by
Phelps Emily and Phelps Christopher

Purchase Details

Closed on
Oct 17, 2019
Sold by
Elguera Isaac
Bought by
Phelps Emily

Purchase Details

Closed on
Apr 11, 2013
Sold by
Fluet Fluet Larry N Larry N
Bought by
Fluet Larry N

Purchase Details

Closed on
May 10, 2005
Sold by
Allen Joseph and Allen Melinda
Bought by
Larry & Muriel Fluet Living Trust

Purchase Details

Closed on
Mar 29, 2005
Sold by
Fouchey Annette
Bought by
Allen Joseph and Allen Melinda
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
Joshua Tribe Investments Llc $175,000 Fidelity National Title Compan
Joshua Tribe Investments Llc $125,000 Chicago Title
Phelps Emily $20,000 Orange Coast Ttl Co Of Socal
Phelps Emily -- Orange Coast Ttl Co Of Socal
Fluet Larry N -- None Available
Larry & Muriel Fluet Living Trust $35,000 --
Allen Joseph $35,000 Fidelity Nationaltitle Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshua Tribe Investments Llc $187,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $125,000 -16.1% --
03/16/2022 03/16/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $149,000 0.0% --
03/05/2022 03/05/22 Price Changed $149,000 +15.1% --
01/07/2022 01/07/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $129,500 -- --
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
2024 $9,761 $830,050 $130,050 $700,000
2023 $5,833 $477,500 $127,500 $350,000
2022 $491 $20,611 $20,611 $0
2021 $483 $20,207 $20,207 $0
2020 $477 $20,000 $20,000 $0
2019 $754 $39,500 $39,500 $0
2018 $566 $36,900 $36,900 $0
2017 $537 $34,500 $34,500 $0
2016 $477 $30,000 $30,000 $0
2015 $495 $30,000 $30,000 $0
2014 $466 $28,600 $28,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219071815

California Desert Association of REALTORS®

APN: 0588-152-07