NOT LISTED FOR SALE

1 Margarita Rd Palm Desert, CA 92260

Estimated Value: $437,951 - $495,000

2 Beds
2 Baths
1,070 Sq Ft
$442/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $345,000 $322 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,494/month

34 Days on Market

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • Traditional Architecture
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of March 2021

You'll not find one cuter! Neatly decorated, front and rear patio for morning coffee and evening cocktails. Corner lot offers super privacy. Fireplace inside offers relaxing and warming ambiance. Home is decorated very nice. Cute as a Button! Two car garage. Home is steps from two community pools and spas. Pictures tell it all. You'll not find one in better condition and more nicely decorated. Sold furnished per inventory.

Last Agent to Sell the Property

Marshall Harris

California Lifestyle Realty License #01246626 Listed on: 02/11/2021

Co-Listed By

Betty Harris

California Lifestyle Realty License #01280945

Last Buyer's Agent

Michael Stray

Equity Union License #00609743

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,935

Year Built

  • Built in 1986

Lot Details

  • 3,920 Sq Ft Lot
  • Home has North and South Exposure
  • Stucco Fence
  • Level Lot
  • Sprinklers on Timer
  • Lawn

HOA Fees

  • $605 Monthly HOA Fees

Property Views

  • Panoramic
  • Peek-A-Boo
  • Mountain

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Spa Fenced

Outdoor Features

  • Brick Porch or Patio
  • Built-In Barbecue

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 624260042

Community Details

Overview

  • Association fees include cable TV
  • Silver Sands Rc Subdivision
  • Greenbelt
  • Planned Unit Development

Recreation

  • Community Pool
  • Community Spa

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,935

Year Built

Built in 1986

Lot Details

0

HOA Fees

$605 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mediterranean, Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All items to be listed on Inventory listing.
  • List Price per Sq Ft: 316.82
  • Lp Sp Ratio: 1.0200
  • View Type: Mountain(s), Panoramic, Peek-A-Boo
  • Water District Name: CVWD
  • Year Built: 1986
  • Co Listing Member Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Co Listing Member Fax: (760) 564-4869
  • Co Listing Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 564-0200
  • Listing I D: 219057287
  • Listing Member Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Listing Member Fax: (760) 564-4869
  • Listing Office Address: 50200 Avenida Vista Bonita, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-0200
  • Selling Office Address: 435 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Land Type: Fee
  • Subdivision: Silver Sands RC
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s), Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Slab Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1070.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Brick - Tile, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground
  • Spa Hot Tub Description: Community, Heated - Gas, Fenced
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, In Laundry
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Greenbelt/Park, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 605.00
  • Total Monthly Association Fees: 605.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624260042
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Lawn, Level
  • Lot Size: 3920.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 5, 2021
Sold by
Topping Stacy L
Bought by
Delanoy David N
Seller's Agent
Marshall Harris
California Lifestyle Realty
Buyer's Agent
Michael Stray
Equity Union
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%
Current Estimated Value
$472,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,488
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Apr 1, 2014
Closed on
Mar 20, 2014
Sold by
Matheson John Robert and Matheson Gretchen Catherine
Bought by
Topping Sierra Verde Investment Trust
Seller's Agent
Rita Craig
Keller Williams Realty
Buyer's Agent
Rita Craig
Keller Williams Realty
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Aug 24, 2006
Sold by
Matheson John Robert and Matheson Gretchen C
Bought by
Matheson John Robert and Matheson Gretchen Catherine

Purchase Details

Closed on
Apr 18, 2003
Sold by
Matheson John R and Matheson Gretchen C
Bought by
Matheson John R and Matheson Gretchen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1996
Sold by
Marriott Ownership Resorts Inc
Bought by
Bailey Larry and Bailey Laura G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,010
Interest Rate
7.41%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Delanoy David N $345,000 Lawyers Title
Topping Stacy L -- Lawyers Title
Topping Sierra Verde Investment Trust $255,000 Lawyers Title Company
Matheson John Robert -- None Available
Matheson John R -- Multiple
Bailey Larry $19,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matheson John R $83,000
Previous Owner Bailey Larry $17,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $345,000 +1.8% $322 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $339,000 +32.9% $317 / Sq Ft
04/25/2014 04/25/14 Sold $255,000 0.0% $238 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $255,000 -- $238 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,935 $373,437 $111,490 $261,947
2023 $4,935 $358,937 $107,161 $251,776
2022 $4,705 $351,900 $105,060 $246,840
2021 $3,955 $292,501 $86,633 $205,868
2020 $3,886 $289,503 $85,745 $203,758
2019 $3,817 $283,827 $84,064 $199,763
2018 $3,750 $278,263 $82,417 $195,846
2017 $3,679 $272,807 $80,801 $192,006
2016 $3,554 $264,059 $79,217 $184,842
2015 $3,566 $260,094 $78,028 $182,066
2014 $3,097 $221,355 $71,657 $149,698
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219057287

California Desert Association of REALTORS®

APN: 624-260-042