NOT LISTED FOR SALE

36016 Franklin Dr Palm Desert, CA 92211

University Neighborhood Neighborhood

Estimated Value: $581,000 - $618,814

3 Beds
2 Baths
1,979 Sq Ft
$307/Sq Ft Est. Value

Highlights

  • Mountain View
  • Great Room
  • Resident Manager or Management On Site
  • Loft
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of March 2023

New construction SOLAR 3/2.5 house for lease in Palm Desert's new Verve community in University Park. This brand new Spanish style house features an enclosed courtyard entrance, a separate office/casita wtih mini-split air conditioning, upgraded tile flooring, recessed lighting, and ceiling fans. Great room floor plan opens to a large island kitchen with stainless steel appliances. Second floor loft, and a main bedroom suite with dual basin vanity, glass walled shower and a large walk-in closet. Second floor laundry room with a new washer and dryer included. Attached two car finished garage with EV charger connection. Efficient tankless water heater, an owned solar system to reduce electrical costs, and water efficient low maintenance desert landscaping. Centrally located in the Coachella Valley close to shopping, schools, and the new Acrisure arena. Small dog OK with owner's approval, $25 pet rent, and deposit. Landscaping maintenance is included at $3350 per month on an annual lease. Please call the property manager at for more information or to get an application.Minimum qualifications:650 FICO scoreCurrent and verifiable income of 3X the rent or moreNo bankruptcies or evictionsGood rental history

Last Agent to Rent the Property

Josh Hayes

Upscale One License #01837667 Listed on: 01/04/2023

Last Renter's Agent

Josh Hayes

Hayes Real Estate License #01837667

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,660

Year Built

  • Built in 2022

Lot Details

  • 3,402 Sq Ft Lot
  • Drip System Landscaping

Interior Spaces

  • 1,979 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Loft
  • Bonus Room
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,350
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • Assessor Parcel Number 000100000

Community Details

Overview

  • Property has a Home Owners Association
  • On-Site Maintenance

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,660

Year Built

Built in 2022

Lot Details

0

Rental Info

  • Lease Length: 12
  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Term Timespan: Long Term
  • Security Deposit: 3350.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • List Price per Sq Ft: 1.59
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2022
  • Internal Listing I D: 20230105030415277769000000
  • Listing I D: 219088927
  • Listing Office Address: 78401 Highway 111 Suite H., Josh Hayes, La Quinta, CA 92253
  • Listing Office Fax: (760) 300-4054
  • List Office Board Code: Palm Springs Association of Realtors
  • Selling Office Address: 78401 Highway 111 Suite H., Josh Hayes, La Quinta, CA 92253
  • Selling Office Fax: (760) 300-4054
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: NewHome

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 1979.00

Exterior Features

  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Assigned, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Central
  • Sewer: In, Connected and Paid

Condo/Co-op/Association

  • Association Amenities: Maintenance Grounds, Assoc Pet Rules, Pet Rules, Management
  • HOA Information: Yes
  • HOA Fee 1: 1.00
  • H O A1 Frequency: Annually

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 000100000
  • Irrigation: Drip System
  • Lot Acres: 0.0800
  • Lot Size: 3402.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2022
Sold by
Wpg University Park Llc
Bought by
Stankus Paul A and Stankus Candice T
Current Estimated Value
$607,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$337,072
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$270,382
Source: Public Records

Range of Values:

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Average Value
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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
Stankus Paul A $563,500 First American Title
Wpg University Park Llc -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stankus Paul A $351,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Rented $3,150 -6.0% --
01/25/2023 01/25/23 Under Contract -- -- --
01/04/2023 01/04/23 For Rent $3,350 -- --
Source: Greater Palm Springs Multiple Listing Service

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 $9,660 $585,959 $146,488 $439,471
2024 $9,660 $574,470 $143,616 $430,854
2023 $9,660 $563,206 $140,800 $422,406
2022 $2,368 $25,174 $25,174 $0
2021 $2,368 -- -- --
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2023

    Josh Hayes

    Upscale One

  • J

    Tenant's Agent in 2023

    Joshua Hayes

    Hayes Real Estate

See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219088927

Greater Palm Springs Multiple Listing Service

APN: 694-570-024

California Riverside County Palm Desert 92211 University Neighborhood

36016 Franklin Dr, Palm Desert, CA

This home is located at 36016 Franklin Dr, Palm Desert, CA 92211 since 04 January 2023 and is currently priced at $607,454. This property was built in 2022. 36016 Franklin Dr is a home located in Riverside County with nearby schools including Rancho Mirage Elementary School, Nellie N. Coffman Middle School, and Rancho Mirage High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Palm Springs Multiple Listing Service IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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