NOT LISTED FOR SALE

38993 Palace Dr Palm Desert, CA 92211

Estimated Value: $618,000 - $806,000

4 Beds
3.5 Baths
2,428 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $498,000 $205 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,545/month

90 Days on Market

Highlights

  • Attached Guest House
  • Casita
  • Mountain View
  • Palm Desert High School Rated A
  • Gated Community
  • Secondary bathroom tub or shower combo

About This Home

As of October 2020

Now accepting back up offers. Price Improvement!!! Don't miss this super cute, move in ready, family friendly home in the desirable community of Regency Estates in Palm Desert. Remodeled for open concept living, this beautiful 4 bedroom, 3.5 bathroom house features 2428 square feet of living space, including a separate casita. The kitchen boasts granite countertops, refinished cabinets, updated stainless steel appliances and an extra large island. The enormous backyard is an entertainer's delight, with covered patios, two separate fenced areas (perfect for pets and kids/grandkids) and an organic garden. The house has a leased SOLAR system which lowers annual utility bills and must be assumed by the new buyer. Homes rarely come on the market in this special community which features sidewalks, streetlights, tennis courts and a sport court.

Last Agent to Sell the Property

Debbie Dierker

License #01873132 Listed on: 07/03/2020

Last Buyer's Agent

Julie Ann Reeske

J R Associates, REALTORS License #01719977

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,199

Year Built

  • Built in 1993

Lot Details

  • 0.27 Acre Lot
  • Southeast Facing Home
  • Fenced
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $190 Monthly HOA Fees

Interior Spaces

  • 2,428 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Raised Hearth
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Mountain Views
  • Security System Leased
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Secondary bathroom tub or shower combo

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Casita
  • Attached Guest House

Listing and Financial Details

  • Assessor Parcel Number 626390001

Community Details

Overview

  • Association fees include trash
  • Regency Estates Subdivision
  • Greenbelt
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Sport Court

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,199

Year Built

Built in 1993

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 1
  • Casita Features Other: Full bath, private entry
  • Included In Sale: Washer, dryer, refrigerator
  • List Price per Sq Ft: 212.11
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1993
  • Listing I D: 219045477
  • Listing Member Address: 79405 Hwy 111, Suite 9-500, La Quinta, CA 92253
  • Listing Office Address: 79405 Highway 111, Ste 9-500, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-8313
  • Selling Member Address: P.O. Box 96, Jim Rose, Palm Desert, CA 92261
  • Selling Member Fax: (760) 626-3103
  • Selling Office Address: P.O. Box 96, Palm Desert, CA 92261
  • Selling Office Fax: (760) 779-9987
  • Land Type: Fee
  • Subdivision: Regency Estates
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room, Living Room
  • Fireplace Features: Raised Hearth
  • Flooring: Laminate, Tile
  • Total Bedrooms: 4
  • Bathroom Features: Shower & Tub, Shower Over Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Formal Dining Room, Breakfast Room
  • Kitchen Features: Granite Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2428.00

Exterior Features

  • Other Structures: Guest House Attached
  • Planned Unit Development: Yes
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 7.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Zoned, Central Air, Ceiling Fan(s)
  • Heating: Forced Air, Zoned
  • Security: Gated Community, Security System Leased
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Trash
  • Association Amenities: Controlled Access, Basketball Court, Tennis Courts, Sport Court, Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 190.00
  • Total Monthly Association Fees: 190.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 626390001
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2699
  • Lot Description: Fenced, Landscaped
  • Lot Size: 11761.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Sep 1, 2020
Sold by
Vaughn Eric Matthew
Bought by
Fischer Madison M and Fischer Mathieu
Seller's Agent
Debbie Dierker
Buyer's Agent
Julie Ann Reeske
J R Associates, REALTORS
List Price
$530,000
Sold Price
$498,000
Premium/Discount to List
-$32,000
-6.04%
Current Estimated Value
$713,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,928
Avg. Annual Appreciation
7.38%
Original Mortgage
$468,000
Outstanding Balance
$415,319
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$298,609

Purchase Details

Listed on
May 20, 2015
Closed on
Jun 11, 2015
Sold by
Vaughn Leah
Bought by
Vaughn Eric Matthew
Seller's Agent
Frank Alvarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$377,956
Interest Rate
3.81%
Mortgage Type
VA

Purchase Details

Listed on
May 20, 2015
Closed on
May 30, 2015
Sold by
North Jacob A and North Belinda S
Bought by
Vaughn Eric Matthew
Seller's Agent
Frank Alvarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,956
Interest Rate
3.81%
Mortgage Type
VA

Purchase Details

Listed on
Jan 10, 2013
Closed on
Jan 18, 2013
Sold by
Burris Laorange Investments Llc
Bought by
North Jacob A and North Belinda S
Seller's Agent
Donna Brown
Virginia Cook & Associates
Buyer's Agent
Donna Brown
Virginia Cook & Associates
List Price
$339,000
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$322,050
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2012
Closed on
Oct 4, 2012
Sold by
Us Bank National Association
Bought by
Burris Laorange Investments Llc
Seller's Agent
Anthony Brunner
Anthony Brunner
Buyer's Agent
Donna Brown
Virginia Cook & Associates
List Price
$245,000
Sold Price
$227,700
Premium/Discount to List
-$17,300
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.97%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Keplinger Benjamin T and Keplinger Heidi V
Bought by
Us Bank National Assocation

Purchase Details

Closed on
Jul 22, 2002
Sold by
Beauregard Gloria J and Beauregard George
Bought by
Keplinger Benjamin T and Keplinger Heidi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,200
Interest Rate
7.75%

Purchase Details

Closed on
Mar 25, 1999
Sold by
Beauregard George W
Bought by
Beauregard Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
8.25%

Purchase Details

Closed on
Aug 3, 1995
Sold by
Solomon Peter D
Bought by
Beauregard George W and Beauregard Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,000
Interest Rate
7.63%
Mortgage Type
Seller Take Back
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
Fischer Madison M $498,000 Lawyers Title Ie
Vaughn Eric Matthew -- Lawyers Title
Vaughn Eric Matthew $370,000 Lawyers Title
North Jacob A $339,000 Orange Coast Title Company
Burris Laorange Investments Llc $228,000 Orange Coast Title
Us Bank National Assocation $225,250 Accommodation
Keplinger Benjamin T $248,200 First American Title Co
Beauregard Gloria -- Northern Counties Title Ins
Beauregard George W $239,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fischer Madison M $468,000
Previous Owner Vaughn Eric Matthew $377,956
Previous Owner North Jacob A $322,050
Previous Owner Keplinger Benjamin T $248,200
Previous Owner Beauregard Gloria $215,000
Previous Owner Beauregard George W $214,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2020 10/07/20 Sold $498,000 -3.3% $205 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
07/11/2020 07/11/20 Price Changed $515,000 -2.8% $212 / Sq Ft
07/03/2020 07/03/20 For Sale $530,000 +43.2% $218 / Sq Ft
07/07/2015 07/07/15 Sold $370,000 -1.3% $152 / Sq Ft View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $375,000 +10.6% $154 / Sq Ft
03/15/2013 03/15/13 Sold $339,000 0.0% $152 / Sq Ft View Prior Sale
02/06/2013 02/06/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $339,000 +48.9% $152 / Sq Ft
10/16/2012 10/16/12 Sold $227,700 +3.5% $102 / Sq Ft View Prior Sale
08/28/2012 08/28/12 Price Changed $220,000 -10.2% $98 / Sq Ft
07/26/2012 07/26/12 For Sale $245,000 -- $110 / 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 $7,199 $539,048 $119,066 $419,982
2023 $7,199 $518,119 $114,444 $403,675
2022 $6,804 $507,960 $112,200 $395,760
2021 $6,654 $498,000 $110,000 $388,000
2020 $5,416 $400,498 $100,124 $300,374
2019 $5,317 $392,646 $98,161 $294,485
2018 $5,204 $384,948 $96,237 $288,711
2017 $5,118 $377,400 $94,350 $283,050
2016 $5,014 $370,000 $92,500 $277,500
2015 $4,724 $347,340 $86,834 $260,506
2014 -- $340,538 $85,134 $255,404
Source: Public Records

Agents Affiliated with this Home

  • Debbie Dierker

    Seller's Agent in 2020

    Debbie Dierker

    (760) 485-2155

    43 Total Sales

    Debbie Dierker
    Section Image

  • J

    Buyer's Agent in 2020

    Julie Ann Reeske

    J R Associates, REALTORS

    Section Image
  • Frank Alvarez

    Seller's Agent in 2015

    Frank Alvarez

    Berkshire Hathaway HomeServices California Properties

    (760) 323-2272

    48 Total Sales

    Frank Alvarez
    Section Image

  • N

    Buyer's Agent in 2015

    NonMember AgentDefault

    NonMember OfficeDefault

  • D

    Seller's Agent in 2013

    Donna Brown

    Virginia Cook & Associates

    (760) 861-2041

    20 Total Sales

    Donna Brown
    Section Image

  • A

    Seller's Agent in 2012

    Anthony Brunner

    Anthony Brunner

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219045477

California Desert Association of REALTORS®

APN: 626-390-001

California Riverside County Palm Desert 92211

38993 Palace Dr, Palm Desert, CA

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.

California Desert Association of REALTORS® 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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