NOT LISTED FOR SALE

45191 Palmwood Dr Indio, CA 92201

Estimated Value: $506,000 - $583,000

3 Beds
2 Baths
1,718 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $515,000 $300 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,653/month

21 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Secondary bathroom tub or shower combo
  • Open Floorplan
  • Vaulted Ceiling
  • Great Room with Fireplace

About This Home

As of August 2022

Primed for both short-term rental potential and stylishly casual day-to-day living, this open and bright home presents a coveted setting in Indio's desirable Palmwood enclave. Manicured grounds are complemented by beautiful shade trees in the front yard, and an extra-private backyard with a large swimming pool, a spacious covered patio and no neighbor behind. Featuring three bedrooms and two baths, the single-level residence extends approximately 1,718 square feet and showcases an open-concept floorplan that is distinguished by vaulted ceilings, formal living and dining rooms, and a fireplace-warmed family room with patio access. An island kitchen flows effortlessly into the family room and displays handsome wood cabinetry, a pantry and a casual breakfast nook. Begin and end each day in an elegant primary suite with high ceiling, a generous walk-in closet and dual sinks. An attached garage accommodates three vehicles and the driveway offers ample guest parking. Solar panels were installed after listing photos were taken. Buyer to assume financing at $220 a month.

Last Agent to Sell the Property

Jacqulyn Stanton

Compass License #01369783 Listed on: 06/03/2022

Compass

Co-Listed By

Norman Williams

Compass License #02051057

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,713

Year Built

  • Built in 2000

Lot Details

  • 6,970 Sq Ft Lot
  • Home has East and West Exposure
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

Property Views

  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,718 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Awning
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Living Room
  • Dining Area

Kitchen

  • Electric Cooktop
  • Kitchen Island
  • Tile Countertops

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

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

Parking

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

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Community Details

  • Palmwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 608301007

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,713

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: One
  • Building Number Of Stories: 1
  • Entry Location: Foyer
  • List Price per Sq Ft: 305.59
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Pool
  • Water District Name: CVWD
  • Year Built: 2000
  • Co Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219079820
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 330 N. Brand Blvd. # 130, Glendale, CA 91203
  • Land Type: Fee
  • Subdivision: Palmwood
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Washer, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Open Floorplan, Vaulted Ceiling(s)
  • Fireplace Features: Gas Starter
  • Flooring: Concrete, Tile
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Island, Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1718.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Awning(s), Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Covered Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 608301007
  • Irrigation: Sprinkler System
  • Lot Description: Back Yard, Landscaped, Front Yard
  • Lot Size: 6970.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 7, 2022
Sold by
Burgos Benjamin D and Burgos Dalilha M
Bought by
Zarookian Arabo and Zarookian Gamer
Seller's Agent
Jacqulyn Stanton
Compass
List Price
$550,000
Sold Price
$515,000
Premium/Discount to List
-$35,000
-6.36%
Current Estimated Value
$552,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,449
Avg. Annual Appreciation
2.90%
Original Mortgage
$360,500
Outstanding Balance
$345,904
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$215,809

Purchase Details

Listed on
Jan 4, 2017
Closed on
Jan 19, 2017
Sold by
Codd Patricia
Bought by
Burgos Benjamin D and Burgos Dalilha K
Seller's Agent
Doris Martin
RE/MAX Consultants
Buyer's Agent
Danette Kim
HomeSmart
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Original Mortgage
$265,109
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 17, 2012
Sold by
Codd Patricia
Bought by
Codd Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,796
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Codd Patricia
Bought by
Codd Patricia and Codd Living Trust

Purchase Details

Closed on
Sep 17, 2003
Sold by
Whelchel Jeff C and Whelchel Judith M
Bought by
Codd Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2000
Sold by
Rancho Indio Llc
Bought by
Whelchel Jeff C and Whelchel Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,335
Interest Rate
8.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zarookian Arabo $515,000 First American Title
Burgos Benjamin D $270,000 Lawyers Title Ie
Codd Patricia -- None Available
Codd Patricia -- None Available
Codd Patricia -- --
Codd Patricia $232,000 Southland Title Corporation
Whelchel Jeff C $152,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zarookian Arabo $360,500
Previous Owner Burgos Benjamin D $332,000
Previous Owner Burgos Benjamin D $254,805
Previous Owner Burgos Benjamin D $265,109
Previous Owner Codd Patricia $162,796
Previous Owner Brava Development Group Llc $6,694,000
Previous Owner Codd Patricia $185,600
Previous Owner Whelchel Jeff C $156,000
Previous Owner Whelchel Jeff C $29,250
Previous Owner Whelchel Jeff C $30,280
Previous Owner Whelchel Jeff C $151,335
Closed Codd Patricia $34,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $515,000 -1.9% $300 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $525,000 -4.5% $306 / Sq Ft
06/03/2022 06/03/22 For Sale $550,000 +103.7% $320 / Sq Ft
02/23/2017 02/23/17 Sold $270,000 0.0% $157 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $270,000 -- $157 / 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 $7,713 $535,806 $57,222 $478,584
2023 $7,713 $515,000 $55,000 $460,000
2022 $4,773 $295,282 $73,820 $221,462
2021 $4,604 $289,493 $72,373 $217,120
2020 $4,188 $286,525 $71,631 $214,894
2019 $4,092 $280,908 $70,227 $210,681
2018 $4,348 $275,400 $68,850 $206,550
2017 $4,227 $265,000 $66,000 $199,000
2016 $3,973 $248,000 $62,000 $186,000
2015 $3,683 $213,000 $53,000 $160,000
2014 $3,592 $206,000 $51,000 $155,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219079820

California Desert Association of REALTORS®

APN: 608-301-007