7412 Cherokee Trail Yucca Valley, CA 92284

$250,000 Sold Price as of 09/27/2010

-- Beds
-- Baths
4,716 Sq.Ft.

Off Market

$250,000 Sold Price as of 09/27/2010 Refinance Your Mortgage

Map preview of 7412 Cherokee Trail, Yucca Valley, CA 92284

Property Overview: 7412 Cherokee Trail Yucca Valley, CA has -- bedrooms, -- bathrooms, 4,716 living square feet and 19,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7412 Cherokee 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.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Yucca Valley Agent

Sale History for 7412 Cherokee Trail

Last sold for $250,000 on September 27th, 2010

May, 2020
May 2, 2020

Date

Expired

CRMLS: JT20021879

$647,000

Price
Mar 21, 2020

Date

Withdrawn

CRMLS: JT20021879

$647,000

Price
Feb 1, 2020

Date

Active

CRMLS: JT20021879

$647,000

Price
Listing provided courtesy of CRMLS

Excellent investment opportunity to own this fully occupied 6 unit property with huge upside potential! All of the units have been updated with contemporary design elements, are in excellent condtion, & include washer/dryer hookups, patios, tile flooring, ceiling fans, add'l storage, & more. With current rents about 25% below the average for similiar apartment homes in the area, the investor who brings the existing rents to market with sensible management could yield a 7% capitalization rate and realize a 30% internal rate of return on their investment over a five year period! This is an ideal opportunity for an investor wanting a low maintenance property with easy management, in a rising market where demand for rental propeties is outpacing demand for single family homes at an increasing pace, and the housing supply shortfall is growing for both rental & owner occupied properties, with virtually no new construction planned.

Continue Reading
September, 2010
Sep 27, 2010

Date

Sold (Public Records)

Public Records

$250,000

Price

Tax History for 7412 Cherokee Trail

Assessed Value (2020): $292,871

Year	Land Value	Improved Value	Assessed Value
2020	$41,002	$251,869	$292,871

About 7412 Cherokee Trail

Detailed summary of property

7412 Cherokee Trail is categorized with a use code of Apartments (Generic) in Yucca Valley, CA 92284 and last sold on September 27, 2010 for $250,000. This property has -- bedrooms, -- bathrooms, roughly 4,716 living square feet, and sits on an approximately 19,000 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 27.33% lower than the current median priced home. 7412 Cherokee Trail was last sold on September 27, 2010 for $250,000. 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 7412 Cherokee 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 7412 Cherokee Trail

Public county record property details

Beds: --
Baths: --
Year built: 1972
Sq. Ft.: 4,716
Lot Size: 19,000
Stories: --

Type: Apartments (Generic)
Pool: No
Spa: No
County: San Bernardino
Lot#: 5
APN: 0586-291-01-0000

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%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote