55966 Santa Fe Trail Yucca Valley, CA 92284

$515,000 Sold Price as of 10/23/2018

-- Beds
-- Baths
4,956 Sq.Ft.

Off Market

$515,000 Sold Price as of 10/23/2018 Refinance Your Mortgage

Map preview of 55966 Santa Fe Trail, Yucca Valley, CA 92284

Property Overview: 55966 Santa Fe Trail Yucca Valley, CA has -- bedrooms, -- bathrooms, 4,956 living square feet and 10,415 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

55966 Santa Fe Trail is currently an off market home in the city of Yucca Valley. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Yucca Valley has a median list price of $420,000. The median price per/sqft for Yucca Valley is $273. With those numbers in mind, if you are looking to purchase a median priced home in Yucca Valley, CA and put 20% down you will need to save up $84,000 for the down payment and will need roughly $8,400 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Yucca Valley the commission could be as much as $17,200. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 55966 Santa Fe Trail

Last sold for $622,000 on March 22nd, 2021

March, 2021
Mar 24, 2021

Date

Sold

CRMLS: SR21011576

$622,000

Price
Mar 18, 2021

Date

Pending

CRMLS: SR21011576

$639,000

Price
Feb 17, 2021

Date

Active Under Contract

CRMLS: SR21011576

$639,000

Price
Jan 19, 2021

Date

Active

CRMLS: SR21011576

$639,000

Price
Listing provided courtesy of CRMLS

Great collection of 17 units in Yucca Valley marketed together for $1,989,000. Well kept buildings with great tenants. This excellent offering features 2 well maintained properties at a great value. Yucca Valley is the business hub of the area. Just 7 miles down the entrance to the famous Joshua Tree National Park, and the gateway to Twentynine Palms Military base. Located in a very low vacancy area with strong tenant demand. The current owner has made many upgrades. The property at 55966 Santa Fe Trail: This building is composed of five 1-bedroom 1-bathroom (670 sq. ft.) and two 2-bedroom 1-bathroom units(800 sq.ft.) Parking is convenient and secure with gated covered parking. The property at 7208-7222 Palo Alto Ave: This 10-unit complex has 4 buildings that occupies 2 lots with 2 separate APN numbers on a large 0.508-acre lot. The property is composed of (4) 2-bedroom 1-bathroom flats (975 sq. ft.) and (6) 2-bedroom 1.5 bathroom townhomes (1007 sq. ft.). Each of these units have an attached 1 car garage and Laundry within. If you are looking for properties that are ready to provide the benefits of ownership, look no further.

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October, 2018
Oct 23, 2018

Date

Sold

CRMLS: IV18198028

$515,000

Price
Aug 16, 2018

Date

Active

CRMLS: IV18198028

$525,000

Price
Listing provided courtesy of CRMLS

Property Highlights, Competitive Offering Actual CAP Rate of 7.02 %, ProForma CAP Rate of 7.52 % •ProForma CAP Rate Based on Increasing Rents to Current Market Rental Rates. Offering Actual GRM of 9.02, With a ProForma GRM of 8.29, $25,000+ in Capital Improvements Completed Between 2017-2018. •The Improvements Include: Complete renovations to 3 units.100 % Occupied With Long Term Tenants, Conservative 7 -10% Upside in Potential Rental Income. Rental Comparables Illustrate a 96 % Occupancy Area. •Rental Survey Completed 07/03/18. Well Maintained Onsite Laundry Room•$1,500 Additional Source of Annual Income. Pride Of Ownership, Absolute Turn Key asset. The 55966 Santa Fe Trail Apartment community is a true pride of ownership property, owned and operated by the same owner. Located on a large 0.239 acre lot. The property is composed of five 1-bedroom 1-bathroom (670 sq. ft.) and two 2-bedroom 1-bathroom units. The tenants are afforded with covered on site parking with access to a coin-op laundry facility. The owner has invested $25k in capital expenditures to completely renovate 3 units.

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October, 2018
Oct 23, 2018

Date

Sold (Public Records)

Public Records

$515,000

Price
November, 2017
Nov 17, 2017

Date

Sold

CRMLS: 17288634PS

$415,000

Price
Nov 10, 2017

Date

Pending

CRMLS: 17288634PS

$430,000

Price
Listing provided courtesy of CRMLS

7 unit apartment building.

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November, 2017
Nov 15, 2017

Date

Sold (Public Records)

Public Records

$415,000

Price

Tax History for 55966 Santa Fe Trail

Assessed Value (2020): $262,650

Year	Land Value	Improved Value	Assessed Value
2020	$35,700	$226,950	$262,650

About 55966 Santa Fe Trail

Detailed summary of property

55966 Santa Fe Trail is categorized with a use code of Apartments (Generic) in Yucca Valley, CA 92284 and last sold on October 23, 2018 for $515,000. This property has -- bedrooms, -- bathrooms, roughly 4,956 living square feet, and sits on an approximately 10,415 square foot lot. Homes in Yucca Valley are selling for a median price of $344,000 and a median price per square foot of $238. Based on Ardent Real Estate Group's Yucca Valley Market Data, this home is sold 49.71% higher than the current median priced home. 55966 Santa Fe Trail was last sold on October 23, 2018 for $515,000. Local nearby listings include 7012 Newbury Ave, 1974 E Lynwood Dr #1C and 5492 Newbury Ave. The average home in Yucca Valley, CA is selling in 102 days. There are currently 306 homes for sale in the Yucca Valley real estate market and 305 of them are single family homes while 1 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 55966 Santa Fe Trail Yucca Valley, CA 92284 contact Ardent Real Estate Group and we will put you in touch with one of our Yucca Valley agents.

Public Facts for 55966 Santa Fe Trail

Public county record property details

Beds: --
Baths: --
Year built: 1972
Sq. Ft.: 4,956
Lot Size: 10,415
Stories: --

Type: Apartments (Generic)
Pool: No
Spa: No
County: San Bernardino
Lot#: 66
APN: 0586-302-01-0000

The source for these homes facts are from public records.

92284 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$420,000

Median List Price/Sq.Ft.

$273

Median Sold Price

$344,000

Median Sold Price/Sq.Ft.

$238

Total Inventory

306

Median Sale to List Price %

90.53%

Avg Days on Market

Loan Type

Conventional (40%), FHA (22.86%), VA (14.29%), Cash (14.29%), Other (8.57%)

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(714) 706-1823

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