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$359,000

Beds
3
Baths
2.0
sq ft
1,386

7405 Sherman Hoyt Ave, Twentynine Palms, CA 92277

7405 Sherman Hoyt Ave

29 Palms, CA 92277

  • 37 days on market
    • Price drop $36,000↓
A private mini-compound on a 1/3 acre property in the foothills of the Little San Bernardino Mountains. A few short minutes to downtown Twentynine Palms and about a mile from the entrance to the park. Enjoy the Joshua Tree experience whenever you please. This remodeled property features a two bedroom, one bath main house, a fully self-contained one bedroom, one bath private and separate guest house and an additional two room building divided into a 1-car garage and an office/studio. This 3-building compound sits on a double lot with views, mature palm trees, large covered front porch and fully fenced for privacy. Separate laundry room with plenty of storage sits just off the main house. Everything on the interior is custom and newly renovated, including a walk-in shower with custom tile work, a large kitchen with two sinks, custom wall of tile and all-new appliances and custom built cabinetry. This house was gutted and brought back to life with desert swank. Some original details remain for character. This property qualifies for special financing with 3% down & no PMI.

Details

Property type

Single Family Residence

Est. home value

$295,430

Lot size

0.3719 acres

Price per sq ft

$260

Year built

1954

HOA

No

Price History

12/04/2024
CRMLS

CRMLS #JT24209448

Price change
$359,000
-10.03%
11/18/2024
CRMLS

CRMLS #JT24209448

Listed
$399,000
+40%
02/17/2022
CRMLS

CRMLS #JT21232021

Sold
$285,000
+121.79%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$91,020
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$239,260
Cash to seller
$91,020

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

November 2022

Original loan amount

$245,000

Est. remaining balance

$239,260

Interest rate

6.66%

Loan type

New Conventional, 30 year

Seller

Brian Zuckerman and Elizabeth Woodruff

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: 12/25/2024 at 9:05 AM

Listing updated: 12/05/2024 at 3:11 AM

Listed by: Brian Zuckerman, Live Wine Country Phone #: (707) 385-5333

MLS: CRMLS #JT24209448

CRMLS logo