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$630,000

Beds
3
Baths
2.0
sq ft
1,890

72616 Two Mile Rd, Twentynine Palms, CA 92277

72616 Two Mile Rd

29 Palms, CA 92277

  • 155 days on market
    • Price drop $20,000↓
The beautiful, desert home, with several updates and renovations, is located in the rural city of Twentynine Palms. 29 Palms is host to Joshua Tree Park. The home is set back on the property adds to the privacy of the house (private oasis), it has a long well-designed concrete driveway that takes you to the entrance of the property. Three bedrooms, two baths, a two-car garage, and much more, with just over 6 acres of land. You enter from the front patio which is fenced-in, covered, and gated. The large living area has vaulted ceilings with decorative open beams. The living area opens to a cozy sunroom with expansive windows and epic views of the desert landscapes to the north and the backyard. The open kitchen has a peninsula feature that offers bar seating, ample storage, and space to work in, added features are tile backsplash, granite counters, abundant lighting, and cabinets with great appliances. The kitchen opens into the spacious dining room with decorative wood planking accents on the ceiling. The dining area has large sliding glass doors that allow access to the covered front patio. The master bedroom window provides a bird’s eye view of the beautiful Mohave landscapes, with ample natural light, ceiling fans, a private bathroom (ensuite), and a large walk-in closet. This spacious primary bathroom has incredible cabinet space, a dual sink vanity, and a large walk-in shower. Two additional bedrooms are warmly decorated, with great space and closets. The guest bathroom features a very sleek single-sink vanity and a tiled walk-in shower. The beautiful landscaped large backyard features two pergolas one currently used as a seating area and the other for grilling. The homeowners installed an above-ground hot tub, and fire pit, this makes the backyard a great outdoor entertainment spot. A new air-conditioner system has been recently installed in addition to the evaporative cooling system the home has. This property presents multiple investment opportunities for any investor. Currently, the home is rented out as a short-term rental which has been a profitable investment. Convenient location to the downtown shopping, restaurants, Joshua Tree National Park entrance, etc. The home boasts 6.3 acres of land, adjacent lot on the street which is included in the 6 acres has a separate electrical meter. This makes a lucrative investment. Furthermore, this home is perfect for the individual homeowner who wants, space of tranquility and serenity in the desert.

Details

Property type

Single Family Residence

Est. home value

$527,436

Property condition

Updated/Remodeled

Lot size

6.3242 acres

Price per sq ft

$334

Year built

1978

Price History

09/24/2024
CRMLS

CRMLS #JT24118867

Price change
$630,000
-3.08%
06/22/2024
CRMLS

CRMLS #JT24118867

Listed
$650,000
+38.3%
09/16/2021
CRMLS

CRMLS #JT21132266

Sold
$470,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

29 Palms

Community features: 

Park

High school district: 

Morongo Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$187,097
Asking price
$630,000
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$392,503
Cash to seller
$187,097

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2021

Original loan amount

$423,000

Est. remaining balance

$392,503

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Armina R Van Rooyen and Dale Van Rooyen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 5:10 PM

Listing updated: 09/30/2024 at 11:01 PM

Listed by: ASH MAHARAJ, Re/Max Desert Properties Phone #: (760) 203-1133

MLS: CRMLS #JT24118867

CRMLS logo