61984 Terrace Drive, Joshua Tree, California 92252, Joshua Tree, 92252 - 3 bed, 2 bath
ACTIVE$345,000
61984 Terrace Drive, Joshua Tree, California 92252
3Beds
2Baths
882Sqft
7,200Lot
Price Vs. Estimate
The estimated value ($345,000) is $0 (0%) lower than the list price ($345,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 882.
Top Cons:
Compact Square Footage: At 882 sqft for 3 bedrooms and 2 bathrooms, the living space is relatively small, which may limit its appeal to buyers seeking more spacious accommodations.
Compared to the nearby listings
Price:$345.0K vs avg $389.5K ($-44,500)36%
Size:882 sqft vs avg 1,238 sqft16%
Price/sqft:$391 vs avg $30868%
More Insights
Built in 1958 (67 years old).
Condition: Despite being built in 1958, this property has undergone a full and recent renovation, as stated in the description and evidenced by the images. The kitchen features modern shaker-style cabinets, light-colored solid surface countertops, white subway tile backsplash, and stainless steel appliances. Bathrooms are similarly updated with modern vanities and fixtures. New laminate wood flooring and fresh paint throughout contribute to a virtually new interior, making it move-in ready with contemporary aesthetics.
Year Built
1958
Close
-
List price
$345K
Original List price
$420K
Price/Sqft
$391
HOA
-
Days on market
-
Sold On
-
MLS number
IV24222976
Home ConditionExcellent
Features
Good View:
View
About this home
This property offers gorgeous views , Fully remodeled home with 3 bedroom / 2 bath , ready to move in only a few minutes away from Joshua Tree National Park, and all amenities. Short Sale has been approved from the Bank just waiting on offer SUBMIT , SUBMIT
Nearby schools
3/10
Joshua Tree Elementary School
Public,•K-6•0.2mi
3/10
La Contenta Middle School
Public,•7-8•3.6mi
4/10
Yucca Valley High School
Public,•9-12•6.7mi
Condition Rating
Excellent
Despite being built in 1958, this property has undergone a full and recent renovation, as stated in the description and evidenced by the images. The kitchen features modern shaker-style cabinets, light-colored solid surface countertops, white subway tile backsplash, and stainless steel appliances. Bathrooms are similarly updated with modern vanities and fixtures. New laminate wood flooring and fresh paint throughout contribute to a virtually new interior, making it move-in ready with contemporary aesthetics.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 882.
Stunning Views: The property boasts 'gorgeous views' and is confirmed to have a view, which is a highly desirable feature in the Joshua Tree area.
Fully Remodeled & Move-in Ready: Described as a 'Fully remodeled home' and 'ready to move in,' offering a turnkey solution for buyers without immediate renovation needs.
Prime Location: Located 'only a few minutes away from Joshua Tree National Park, and all amenities,' making it attractive for both residents and potential vacation rental investors.
Approved Short Sale: The 'Short Sale has been approved from the Bank,' which significantly streamlines the process compared to unapproved short sales, reducing uncertainty and potential delays.
Significant Price Reduction: The list price has been reduced from $420,000 to $345,000, indicating a motivated seller and potentially offering a strong value proposition for buyers.
Cons
Compact Square Footage: At 882 sqft for 3 bedrooms and 2 bathrooms, the living space is relatively small, which may limit its appeal to buyers seeking more spacious accommodations.
Older Construction: Built in 1958, despite being remodeled, the property's age could imply potential for underlying infrastructure issues not addressed by cosmetic upgrades.
Extended Market Duration: The property has been on the market since October 2024, suggesting a longer-than-average selling period which might indicate challenges in attracting offers or previous deals falling through.