NOT LISTED FOR SALE

45468 Panorama Dr Palm Desert, CA 92260

Estimated Value: $720,000 - $833,000

2 Beds
2 Baths
1,114 Sq Ft
$713/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $850,000 $763 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,297/month

243 Days on Market

Highlights

  • In Ground Pool
  • Canyon View
  • Furnished
  • Palm Desert High School Rated A
  • 1 Fireplace
  • Breakfast Room

About This Home

As of April 2023

Attention investors! Just remodeled mid-century that is ready for short term rentals! One of the few locations in Palm Desert that allows short term rentals due to unique R-3 zoning. This perfect 2 bed/2 bath with private pool, owned solar and all the updates are sure to impress. New flooring, new kitchen and bathrooms and all sorts of style will help welcome guests into your perfectly appointed Palm Desert retreat. Soak up the sun in the stylish backyard with large pool and fantastic views. Inexpensive power bills due to the owned solar system keep your costs low while bringing in massive short term rental income. Located just minutes from El Paseo and all the best shopping and restaurants in town. Property is an active rental, reach out to LA1 or LA2 for showing access.

Last Agent to Sell the Property

Ryan Bragg

Compass License #02023459 Listed on: 07/22/2022

Compass

Last Buyer's Agent

Ryan Bragg

Compass License #02023459 Listed on: 07/22/2022

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,602

Year Built

  • Built in 1957

Lot Details

  • 7,405

Property Views

  • Canyon
  • Mountain

Interior Spaces

  • 1,114 Sq Ft Home
  • 1-Story Property
  • Furnished
  • 1 Fireplace
  • Living Room
  • Breakfast Room
  • Vinyl Flooring
  • Security System Owned

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Attached Carport Space
  • 4 Car Parking Spaces
  • 2 Parking Garage Spaces

Pool

  • In Ground Pool
  • Outdoor Pool

Additional Features

  • 7,405 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 625143005

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,602

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • List Price per Sq Ft: 771.10
  • Lp Sp Ratio: 0.9900
  • View Type: Canyon, Mountain(s)
  • Year Built: 1957
  • Listing I D: 219088617
  • Listing Member Address: 74199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Listing Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Listing Office Fax: (949) 335-7281
  • Selling Member Address: 74199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Selling Office Address: 74-199 El Paseo, Suite 200, Palm Desert, CA 92260
  • Selling Office Fax: (949) 335-7281
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1114.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Covered
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Security System Owned
  • Sewer: In, Connected and Paid

Lot Info

  • Assessor Parcel Number: 625143005
  • Lot Size: 7405.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Mar 22, 2023
Sold by
Bragg Melanie J Family Trust
Bought by
Mishra Sadhana Akella and Mishra Sidharth
Seller's Agent
Ryan Bragg
Compass
Buyer's Agent
Ryan Bragg
Compass
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$794,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,310
Avg. Annual Appreciation
-2.80%
Original Mortgage
$518,000
Outstanding Balance
$504,987
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$289,703

Purchase Details

Closed on
Mar 7, 2022
Sold by
Brian Carpenter
Bought by
Bragg Melanie J Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2022
Sold by
Brian Carpenter
Bought by
Bragg Melanie J Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2019
Sold by
Dbp Properties Llc
Bought by
Pd Partners Llc

Purchase Details

Closed on
Dec 23, 2016
Sold by
Carpenter Brian and Carpenter David
Bought by
Carpenter Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,318
Interest Rate
4.03%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 16, 2015
Closed on
May 2, 2016
Sold by
Carpenter Cynthia Marie
Bought by
Carpenter David
Seller's Agent
Martin Bennett
HomeBay Broker CA, Inc
List Price
$329,000
Sold Price
$308,000
Premium/Discount to List
-$21,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$298,760
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2015
Closed on
Mar 26, 2016
Sold by
Generation Residential Homes Llc
Bought by
Carpenter Brian and Carpenter David
Seller's Agent
Martin Bennett
HomeBay Broker CA, Inc
List Price
$329,000
Sold Price
$308,000
Premium/Discount to List
-$21,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,760
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2014
Sold by
Fannie Mae
Bought by
Generation Residential Homes Llc

Purchase Details

Closed on
Sep 18, 2013
Sold by
Ploeg Antonia
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Nov 27, 2007
Sold by
Fedderly Michael W
Bought by
Dbp Properties Llc

Purchase Details

Closed on
Jun 15, 2005
Sold by
Ploeg Antonia
Bought by
Ploeg Antonia H and Revocable Living Tr Of Antonia H Ploeg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,342
Interest Rate
4.82%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Ploeg Toni
Bought by
Ploeg Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.06%

Purchase Details

Closed on
Dec 17, 1999
Sold by
Watson Patricia G and Fehrenbacher Linda A
Bought by
Watson Patricia G

Purchase Details

Closed on
Jul 16, 1999
Sold by
Cunningham Janis A
Bought by
Cooper Connie A and Austin Charles B

Purchase Details

Closed on
Jun 16, 1999
Sold by
Cunningham Janis A
Bought by
Cooper Connie A and Austin Charles B

Purchase Details

Closed on
Feb 25, 1998
Sold by
Fedderly Michael W
Bought by
Fedderly Michael W

Purchase Details

Closed on
Oct 9, 1996
Sold by
Ortega Charles and Ortega Anita
Bought by
Ploeg Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,000
Interest Rate
8.14%

Purchase Details

Closed on
Jun 10, 1996
Sold by
Willison Robert V
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 13, 1994
Sold by
Balch Donald L and Balch Jean A
Bought by
Wastier Andrea and Jonathan Sabby
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
Mishra Sadhana Akella $850,000 Ticor Title
Bragg Melanie J Family Trust $712,000 None Listed On Document
Bragg Melanie J Family Trust $712,000 None Listed On Document
Pd Partners Llc $1,600,000 Chicago Title Company
Carpenter Brian -- None Available
Carpenter David -- Lawyers Title
Carpenter Brian $308,000 Lawyers Title
Generation Residential Homes Llc $183,000 Wfg Title Company
Federal National Mortgage Association $217,000 Accommodation
Dbp Properties Llc -- None Available
Ploeg Antonia H -- --
Ploeg Antonia -- Benefit Land Title
Watson Patricia G $58,000 --
Cooper Connie A -- First American Title Co
Cooper Connie A -- First American Title Co
Fedderly Michael W -- --
Ploeg Toni $74,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $70,000 --
Wastier Andrea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishra Sadhana Akella $518,000
Closed Mishra Sadhana Akella $518,000
Previous Owner Bragg Melanie J Family Trust $524,000
Previous Owner Bragg Melanie J Family Trust $524,000
Previous Owner Carpenter Brian $60,000
Previous Owner Carpenter Brian $331,886
Previous Owner Carpenter Brian $338,318
Previous Owner Carpenter Brian $298,760
Previous Owner Ploeg Antonia $469,342
Previous Owner Ploeg Antonia $240,000
Previous Owner Ploeg Antonia $79,000
Previous Owner Ploeg Toni $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $850,000 -1.0% $763 / Sq Ft
03/22/2023 03/22/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $859,000 -2.3% $771 / Sq Ft
01/25/2023 01/25/23 Price Changed $879,000 -2.2% $789 / Sq Ft
07/22/2022 07/22/22 For Sale $899,000 +191.9% $807 / Sq Ft
05/05/2016 05/05/16 Sold $308,000 -2.2% $276 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
01/26/2016 01/26/16 Price Changed $314,999 -4.3% $283 / Sq Ft
10/16/2015 10/16/15 For Sale $329,000 -- $295 / Sq Ft
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 $11,602 $884,338 $221,087 $663,251
2023 $11,602 $726,239 $181,561 $544,678
2022 $4,759 $343,575 $85,893 $257,682
2021 $4,649 $336,839 $84,209 $252,630
2020 $4,570 $333,386 $83,346 $250,040
2019 $4,470 $326,850 $81,712 $245,138
2018 $4,390 $320,442 $80,110 $240,332
2017 $4,302 $314,160 $78,540 $235,620
2016 $2,726 $185,790 $46,447 $139,343
2015 $2,621 $183,000 $45,750 $137,250
2014 $2,220 $150,000 $70,000 $80,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219088617

Greater Palm Springs Multiple Listing Service

APN: 625-143-005