NOT LISTED FOR SALE

77575 Two Mile Rd Twentynine Palms, CA 92277

Estimated Value: $160,000 - $344,000

2 Beds
1 Bath
1,185 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $105,000 $89 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,566/month

8 Days on Market

Highlights

  • 5 Acre Lot
  • Near a National Forest
  • Hiking Trails
  • Desert View
  • No HOA
  • Cooling Available

About This Home

As of March 2021

Investor alert. This two-bedroom, two-bath is a major project, no doubt. But Wonder Valley is hot. People are buying in the desert to get away from the cities and to re-learn calm, peace and serenity. This one needs a smart investor or someone with a vision who can see past the repairs to the lovely house that could be situated here on a rise, with views in 360. Values are rising. Catch the desert wave. Priced to move.

Last Agent to Sell the Property

Thomas Murtagh

Cherie Miller & Associates License #02041938 Listed on: 01/23/2021

Cherie Miller & Associates

Last Buyer's Agent

Cam Wortman

C & S Real Estate, Inc. License #01980003

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 1953

Lot Details

  • 5 Acre Lot
  • Desert faces the front and back of the property
  • Property is zoned RL-5

Interior Spaces

  • 1,185 Sq Ft Home
  • 1-Story Property
  • Desert Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • No Heating
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 1 / Y
  • Tax Tract Number 10409
  • Assessor Parcel Number 0625041100000

Community Details

Overview

  • No Home Owners Association
  • Near a National Forest

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,515

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: RL-5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0625041100000
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1185.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 88.61
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Desert
  • Pool Private: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Blm/National Forest, Hiking

Schools

  • School District: Morongo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Back, Desert Front
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 217800.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: Y
  • Tax Census Tract: 104.09
  • Tax Lot: 1
  • Tax Tract Number: 010409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Bear Flag Homes Llc
Bought by
Allium Inc
Current Estimated Value
$254,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Outstanding Balance
$186,426
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$68,385

Purchase Details

Closed on
Mar 14, 2022
Sold by
Khavi Weller
Bought by
Bear Flag Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Outstanding Balance
$186,426
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$68,385

Purchase Details

Listed on
Jan 23, 2021
Closed on
Feb 10, 2021
Sold by
Thaworn Thanaporn
Bought by
Weller Khavi
Seller's Agent
Thomas Murtagh
Cherie Miller & Associates
Buyer's Agent
Cam Wortman
C & S Real Estate, Inc.
List Price
$89,900
Sold Price
$105,000
Premium/Discount to List
$15,100
16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.31%

Purchase Details

Closed on
Jul 29, 2019
Sold by
Garner Robert and The Wendell R Phillips Trust O
Bought by
Kessell Matthew A

Purchase Details

Closed on
May 30, 2006
Sold by
Phillips Wendell R
Bought by
The Wendell R Phillips Trust Of 2005

Purchase Details

Closed on
Oct 22, 1998
Sold by
Richards Gloria K
Bought by
Richards Gloria K and Phillips Wendell R

Purchase Details

Closed on
Sep 9, 1993
Sold by
Walker Ernest A and Walker Gordonna M
Bought by
Richards Gloria Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,937
Interest Rate
6.94%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Allium Inc $199,000 Lawyers Title
Bear Flag Homes Llc $170,000 Lawyers Title
Weller Khavi -- Wfg National Title Co Of Ca
Weller Khavi $105,000 Wfg National Title
Kessell Matthew A -- Wfg National Title Co Of Ca
Kessell Matthew A -- None Available
The Wendell R Phillips Trust Of 2005 -- None Available
Richards Gloria K $500 Fidelity Title
Richards Gloria Kay $7,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allium Inc $199,000
Previous Owner Richards Gloria Kay $3,937
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2021 03/10/21 Sold $105,000 +16.8% $89 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $89,900 -- $76 / 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 $2,515 $292,780 $37,142 $255,638
2024 $2,515 $207,040 $36,414 $170,626
2023 $2,466 $202,980 $35,700 $167,280
2022 $1,451 $107,100 $21,420 $85,680
2021 $1,107 $74,200 $22,672 $51,528
2020 $1,096 $73,440 $22,440 $51,000
2019 $721 $38,093 $6,099 $31,994
2018 $588 $37,346 $5,979 $31,367
2017 $583 $36,614 $5,862 $30,752
2016 $575 $35,896 $5,747 $30,149
2015 $590 $35,357 $5,661 $29,696
2014 $532 $34,664 $5,550 $29,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT21013366

California Regional Multiple Listing Service (CRMLS)

APN: 0625-041-10