NOT LISTED FOR SALE

8523 Star Ln Joshua Tree, CA 92252

7 Beds
9 Baths
2,681 Sq Ft
5 Acres

Last Sold March 19, 2021

Last sale price $1,300,000 $485 Per Sq Ft

70 Days on Market

Highlights

  • 5 Acre Lot
  • No HOA
  • Evaporated cooling system
  • Mountain View
  • Hiking Trails
  • Park

About This Home

As of March 2021

The Premier Joshua Tree Entertainment Estate: 7 bedrooms and 9 bathrooms total, distributed among the main house and the separate guesthouses, along with a massive entertainment patio overlooking the National Park. Two of the bathrooms with outdoor showers are part of a large entertainment patio, which includes a bar, an outdoor lounge and catering kitchen perfect for sunrise yoga or stargazing retreats. Enjoy unobstructed views from atop the bluff with some of the most spectacular panoramic vistas this side of Sedona. Property can serve as a family estate, a corporate retreat or vacation rental with multiple private quarters for the entrepreneurial-minded investor. Superb large getaway. Two hours from LA - and more dramatic than anything The Hampton’s has to offer the same distance from NYC. Embrace the new now. Qualified buyers only.

Last Agent to Sell the Property

Bryan Wynwood

Joshua Tree Modern License #01448338 Listed on: 11/20/2020

Last Buyer's Agent

Mark Mihalik

The Glen Realty License #02033510

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot
  • Property is zoned JT/RL

Property Views

  • Mountain
  • Desert

Interior Spaces

  • 2,681 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 8 Main Level Bedrooms
  • 9 Full Bathrooms

Utilities

  • Evaporated cooling system
  • Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling
  • Conventional Septic

Listing and Financial Details

  • Legal Lot and Block 1 / 111
  • Assessor Parcel Number 0589111010000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: JT/RL
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0589111010000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2681.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 9
  • Total Bedrooms: 7
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 10
  • Main Level Bedrooms: 8
  • Price Per Square Foot: 484.89
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom

Exterior Features

  • View: Desert, Mountain(s)
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Zoned, Wall/Window Unit(s), Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 217800.00
  • Lot Size Acres: 5.0000
  • Latitude Manual: 34.09748100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5.0000 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 111
  • Tax Census Tract: 104.19
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Feb 16, 2021
Sold by
Kogelsberger Uta
Bought by
Yeager Robert Alan
Seller's Agent
Bryan Wynwood
Joshua Tree Modern
Buyer's Agent
Mark Mihalik
The Glen Realty
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,600
Outstanding Balance
$870,778
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2020
Closed on
Feb 4, 2021
Sold by
Yeager Caroline Jane
Bought by
Tannous Oliver Ousama
Seller's Agent
Bryan Wynwood
Joshua Tree Modern
Buyer's Agent
Mark Mihalik
The Glen Realty
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,600
Outstanding Balance
$870,778
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Rosen Sandra Louise
Bought by
Yeager Robert Alan and Yeager Caroline Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2004
Sold by
Rosen Sandra L
Bought by
Rosen Sandra Louise and The Rosen 2004 Revocable Famil

Purchase Details

Closed on
Jun 4, 1998
Sold by
Selin Carl and Selin Constance
Bought by
Rosen Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 1997
Sold by
Selin Carl and Selin Constance
Bought by
Selin Carl R and Selin Constance

Purchase Details

Closed on
Apr 19, 1994
Sold by
Blackburn William E
Bought by
Selin Carl and Selin Constance
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yeager Robert Alan -- Wfg Title Company Of Ca
Tannous Oliver Ousama $1,300,000 Wfg Title Company Of Ca
Yeager Caroline Jane -- Wfg Title Company Of Ca
Yeager Robert Alan $535,000 First American Title Company
Rosen Sandra Louise -- --
Rosen Sandra L $130,000 First American Title Ins Co
Selin Carl R -- --
Selin Carl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tannous Oliver Ousama $973,600
Previous Owner Yeager Robert Alan $417,000
Previous Owner Rosen Sandra L $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $1,300,000 -7.1% $485 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $1,399,000 -- $522 / 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 $17,988 $1,486,233 $649,460 $836,773
2024 $17,149 $1,457,091 $636,725 $820,366
2023 $15,975 $1,352,520 $624,240 $728,280
2022 $15,648 $1,326,000 $612,000 $714,000
2021 $7,006 $588,100 $131,800 $456,300
2020 $7,022 $588,100 $131,800 $456,300
2019 $7,360 $571,000 $128,000 $443,000
2018 $6,791 $533,600 $119,600 $414,000
2017 $5,975 $323,500 $78,000 $245,500
2016 $4,219 $323,500 $78,000 $245,500
2015 $4,189 $323,500 $78,000 $245,500
2014 $4,235 $323,500 $78,000 $245,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: JT20226261

California Regional Multiple Listing Service (CRMLS)

APN: 0589-111-01