NOT LISTED FOR SALE

45813 Highway 74 Palm Desert, CA 92260

Estimated Value: $427,000 - $599,000

2 Beds
2 Baths
1,392 Sq Ft
$361/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $420,000 $302 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,630/month

139 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 1 Fireplace
  • Palm Desert High School Rated A
  • Mountain View
  • Great Room

About This Home

As of November 2023

Within walking distance to ''El Paseo'' (the ''Rodeo Drive of the Desert'') and the myriad of upscale retail and fine dining establishments it has to offer, this well-appointed turnkey furnished, Montecito Condominium has that classic Palm Springs vibe and feel. Enjoy your morning coffee while sitting on your spacious tile patio with a secluded greenbelt, pool, and view of the spectacular Santa Rosa Mountains. A gated front courtyard area and tile patio provides excellent curb appeal while the French door entry allows the home to be filled with rays of natural light. Stone tile flooring is used extensively in the home while recessed lighting and plantation shutters are used throughout. The exquisitely remodeled gourmet designer kitchen has upgraded cabinetry with granite countertops, tile backsplash and contemporary high-end stainless-steel appliances. The primary suite has a sliding glass door to the rear patio and a wall-length mirrored closet with custom built-in storage while the bathroom has an upgraded vanity, tile surfaces and a custom seamless glass enclosed shower. The guest bedroom also has built-in closet storage and a sliding glass door to its own private patio and the bathroom has a custom seamless glass enclosed shower, an upgraded vanity, and a skylight. The home comes complete with a laundry closet in the hallway between the bedrooms as well as a 1-car detached garage.

Last Agent to Sell the Property

Michael Horne

Compass License #01701660 Listed on: 06/16/2023

Compass

Last Buyer's Agent

Kana Tamblyn

Berkshire Hathaway HomeServices California Properties License #01387464

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,595

Year Built

  • Built in 1973

Lot Details

  • 2,178 Sq Ft Lot
  • South Facing Home

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Turnkey

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Great Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 640310028

Community Details

Overview

  • Association fees include building & grounds
  • Montecito Condos Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,595

Year Built

Built in 1973

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces South
  • Levels: One
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 308.84
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Pool
  • Year Built: 1973
  • Listing I D: 219101026
  • Listing Member Address: 39620 Washington St. Suite A, Palm Desert, CA 92211
  • Listing Member Fax: (760) 779-4100
  • Listing Office Address: 39620 Washington St. Suite A, Palm Desert, CA 92211
  • Selling Member Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Montecito Condos
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1392.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Assigned, Garage Door Opener
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 500.00
  • Total Monthly Association Fees: 500.00

Lot Info

  • Assessor Parcel Number: 640310028
  • Lot Size: 2178.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Oct 30, 2023
Sold by
Jma Revocable Trust
Bought by
S Smith 2014 Trust and Smith
Seller's Agent
Michael Horne
Compass
Buyer's Agent
Kana Tamblyn
Berkshire Hathaway HomeServices California Properties
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%
Views
168
Current Estimated Value
$502,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,455
Avg. Annual Appreciation
10.06%
Original Mortgage
$315,000
Outstanding Balance
$310,141
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$192,314

Purchase Details

Closed on
Jun 27, 2023
Sold by
Unknown
Bought by
Jma Revocable Trust and Area

Purchase Details

Listed on
Jan 15, 2018
Closed on
Mar 5, 2018
Sold by
Area Mary Lou Graziadio
Bought by
Area Iii John Manuel
Seller's Agent
Darren Shay
Coldwell Banker Res Brokerage
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$324,900
Sold Price
$295,000
Premium/Discount to List
-$29,900
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Nov 16, 2015
Sold by
Soicer Deborah J
Bought by
Deborah J Spicer Trust

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 23, 2015
Sold by
Dolby B Timothy and Dolby Jean L
Bought by
Spicer Deborah J
Seller's Agent
Michelle White
Bennion Deville Homes
Buyer's Agent
Michelle White
Equity Union
List Price
$289,500
Sold Price
$279,500
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 16, 2015
Sold by
Spicer Thomas E
Bought by
Spicer Deborah J
Seller's Agent
Michelle White
Bennion Deville Homes
Buyer's Agent
Michelle White
Equity Union
List Price
$289,500
Sold Price
$279,500
Premium/Discount to List
-$10,000
-3.45%

Purchase Details

Closed on
Feb 4, 2004
Sold by
Fox Angela
Bought by
Dolby B Timothy and Dolby Jean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,315
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1999
Sold by
Marilyn 1991 Trust Shaner Marilyn C Trustee &
Bought by
Fox Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
S Smith 2014 Trust $420,000 Equity Title Company
Jma Revocable Trust -- None Listed On Document
Area Iii John Manuel -- First American Title
Area Iii John Manuel $260,000 First American Title
Deborah J Spicer Trust -- None Available
Spicer Deborah J $280,000 Orange Coast Title
Spicer Deborah J -- None Available
Dolby B Timothy $185,000 Fidelity National Title Co
Fox Angela $90,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S Smith 2014 Trust $315,000
Previous Owner Dolby B Timothy $166,315
Previous Owner Fox Angela $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Sold $420,000 -2.3% $302 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $429,900 +45.7% $309 / Sq Ft
03/09/2018 03/09/18 Sold $295,000 -9.2% $212 / Sq Ft
02/25/2018 02/25/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $324,900 +16.2% $233 / Sq Ft
05/03/2015 05/03/15 Off Market $279,500 -- --
04/08/2015 04/08/15 Sold $279,500 -3.5% $201 / Sq Ft
01/15/2015 01/15/15 For Sale $289,500 -- $208 / 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 $5,595 $428,400 $127,500 $300,900
2023 $5,595 $284,344 $71,085 $213,259
2022 $3,810 $278,770 $69,692 $209,078
2021 $3,720 $273,305 $68,326 $204,979
2020 $3,655 $270,504 $67,626 $202,878
2019 $3,591 $265,200 $66,300 $198,900
2018 $3,961 $295,644 $73,910 $221,734
2017 $3,886 $289,848 $72,461 $217,387
2016 $3,797 $284,166 $71,041 $213,125
2015 $3,059 $218,841 $54,707 $164,134
2014 $2,932 $208,000 $52,000 $156,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219101026

California Desert Association of REALTORS®

APN: 640-310-028