NOT LISTED FOR SALE

43235 Silk Tree Ln Palm Desert, CA 92260

Estimated Value: $579,000 - $694,552

4 Beds
2 Baths
1,618 Sq Ft
$395/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $625,000 $386 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,284/month

59 Days on Market

Highlights

  • Pebble Pool Finish
  • Primary Bedroom Suite
  • 1 Fireplace
  • Palm Desert High School Rated A
  • Peek-A-Boo Views
  • Great Room

About This Home

As of July 2023

Welcome to your dream oasis in Palm Desert! Nestled in the heart of this vibrant desert city, this wonderful home boasts breathtaking desert landscape that surrounds the property. Once inside the foyer, the home welcomes you with warmth and character. There is plenty of cabinet space for storage while adding not only function, but beauty, as well. Being extremely well maintained, this home is in stellar condition! The fourth bedroom is currently an open space den and can be easily changed back into a bedroom. As you make your way outside, you'll discover a private oasis that epitomizes the desert lifestyle. The expansive backyard features a sparkling pool, perfect for cooling off during the warm Palm Desert days. The spa has been deepened for enjoyment and exercise. The PebbleTech has been redone, as well. Imagine lounging on the patio, sipping a refreshing drink, and taking in the breathtaking landscape & peek a boo mountain views. The large lot provides ample space for outdoor entertainment, whether it's hosting barbecues or simply enjoying the serene desert surroundings. In addition, the location is unbeatable! Being in the heart of Palm Desert means you are just a stone's throw away from world-class shopping on El Paseo, renowned Golf Courses, Acrisure Arena and a wide array of dining options. You will have easy access to the best that the Desert has to offer! All offers to be reviewed Wednesday 6.28.2023 @ 3pm. Thank you!

Last Listed By

Greer Waller

Coldwell Banker Realty License #01724348 Listed on: 05/16/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,344

Year Built

  • Built in 1979

Lot Details

  • 9,148 Sq Ft Lot
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinklers on Timer

Property Views

  • Peek-A-Boo
  • Mountain
  • Pool

Home Design

  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,618 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Double Door Entry
  • Great Room
  • Living Room
  • Dining Area
  • Den
  • Utility Room

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Accessory Dwelling Unit (ADU)
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 624171002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,344

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One, Ground
  • Disability Access: No Interior Steps
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 370.77
  • Lp Sp Ratio: 1.0400
  • View Type: Mountain(s), Pool, Peek-A-Boo
  • Water District Name: Coachella Valley Water District
  • Year Built: 1979
  • Listing I D: 219095864
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Office Address: 10554 Progress Way, Suite L, Kenneth Lugo, Cypress, CA 90630
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Main Floor Master Bedroom, Walk In Closet, Master Suite
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: In Closet
  • Estimated Sq Ft: 1618.00

Exterior Features

  • Construction: Stucco
  • Other Structures: Accessory Bldgs
  • Roofing: Tile
  • Fencing: Block, Fenced
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624171002
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Size: 9148.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jul 6, 2023
Sold by
Kingsbury Lore
Bought by
Mcdonough Nathan M and Wiles Lacey L
Seller's Agent
Greer Waller
Coldwell Banker Realty
List Price
$599,900
Sold Price
$625,000
Premium/Discount to List
$25,100
4.18%
Total Days on Market
59
Views
26
Current Estimated Value
$639,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,388
Avg. Annual Appreciation
1.23%
Original Mortgage
$512,820
Outstanding Balance
$502,934
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$136,454

Purchase Details

Closed on
May 16, 2011
Sold by
Hansen James Donald
Bought by
Kingsbury Lore

Purchase Details

Closed on
May 13, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kingsbury Lore

Purchase Details

Closed on
Jan 3, 2011
Sold by
Reitler Matthew
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 7, 2004
Sold by
Moreno Charles and Moreno Rebecca T
Bought by
Reitler Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1997
Sold by
Charles Moreno and Moreno Rebecca T
Bought by
Moreno Charles and Moreno Rebecca T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1997
Sold by
Charles Moreno and Moreno Rebecca T
Bought by
Moreno Charles and Moreno Rebecca T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1996
Sold by
Charles Moreno and Moreno Rebecca T
Bought by
Moreno Charles and Moreno Rebecca T
Source: Public Records

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Range of Values:

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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
Mcdonough Nathan M $625,000 Equity Title
Kingsbury Lore -- Ticor Title
Kingsbury Lore $180,000 Ticor Title
Federal Home Loan Mortgage Corporation $245,000 None Available
Reitler Matthew $320,000 Southland Title
Moreno Charles -- --
Moreno Charles -- --
Moreno Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonough Nathan M $512,820
Previous Owner Reitler Matthew $282,400
Previous Owner Reitler Matthew $26,500
Previous Owner Reitler Matthew $304,000
Previous Owner Moreno Charles $157,600
Previous Owner Moreno Charles $18,000
Previous Owner Moreno Charles $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $625,000 +4.2% $386 / Sq Ft
07/14/2023 07/14/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $599,900 0.0% $371 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $599,900 -- $371 / 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
2023 $8,344 $221,647 $55,410 $166,237
2022 $3,213 $217,302 $54,324 $162,978
2021 $3,132 $213,042 $53,259 $159,783
2020 $3,081 $210,858 $52,713 $158,145
2019 $3,027 $206,725 $51,680 $155,045
2018 $2,975 $202,672 $50,667 $152,005
2017 $2,916 $198,699 $49,674 $149,025
2016 $2,849 $194,803 $48,700 $146,103
2015 $2,834 $191,878 $47,969 $143,909
2014 $2,716 $188,121 $47,030 $141,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219095864

California Desert Association of REALTORS®

APN: 624-171-002