NOT LISTED FOR SALE

45865 Highway 74 Palm Desert, CA 92260

Estimated Value: $417,000 - $574,000

2 Beds
2 Baths
1,392 Sq Ft
$500/mo HOA Fee

Last Sold March 22, 2023

Last sale price $379,000 $272 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,569/month

13 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Palm Desert High School Rated A
  • View of Trees or Woods
  • 1 Fireplace

About This Home

As of March 2023

Rare opportunity to own in this beautiful 32-unit Montecito condo complex in South Palm Desert. Walking distance to El Paseo, ''The Rodeo Drive of the desert''. Two bedrooms, two baths with open floor plan. Large living and dining area off of the kitchen. Private entry courtyard in front with spectacular mountain views. Duel patios off of the living room and large primary. Floor to ceiling sliders with a view of the resort-like pool and tropical landscaping. Being sold furnished with all appliances. Parking is detached garage with storage space and additional guest parking. This condo is perfect for full-time or seasonal residence. Make an appointment today! With this location and price, it wont last long.

Last Agent to Sell the Property

Krisie Cook

Windermere Real Estate License #02143448 Listed on: 02/09/2023

Windermere Real Estate

Last Buyer's Agent

Pitchsinee Sandau

Equity Union License #01766878

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,186

Year Built

  • Built in 1973

Lot Details

  • 2,178

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Woods
  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Skylights
  • 1 Fireplace
  • Vertical Blinds
  • Combination Dining and Living Room
  • Utility Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

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

Pool

  • Heated Spa
  • In Ground Spa

Schools

  • George Washington Elementary School
  • Palm Desert Charter Middle School
  • Palm Desert High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Sewer in Street

Additional Features

  • No Interior Steps
  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 640310003

Community Details

Overview

  • Association fees include trash
  • 32 Units
  • Montecito Condos Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,186

Year Built

Built in 1973

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above, One
  • Disability Access: No Interior Steps
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 305.32
  • Lp Sp Ratio: 0.8900
  • Unit Total In Complex: 32
  • View Type: Mountain(s), Trees/Woods, Pool
  • Year Built: 1973
  • Listing I D: 219090886
  • Listing Office Address: 296 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Member Address: 44495 Town Center Way Ste. B, Palm Desert, CA 92260
  • Selling Office Address: 44495 Town Center Way Ste. B, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Montecito Condos
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Electric Range, Washer, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: Open Floorplan
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: In Closet
  • Estimated Sq Ft: 1392.00
  • Windows Treatments: Skylight(s), Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: Community
  • Sewer: In Street Paid
  • Water Heater Feature: Electric

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Trash
  • Association Amenities: Greenbelt/Park, Pet Rules, Management, Maintenance Grounds, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 500.00
  • Total Monthly Association Fees: 500.00
  • Unit Location: Inside Unit

Lot Info

  • Assessor Parcel Number: 640310003
  • Lot Size: 2178.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: George Washington
  • High School: Palm Desert
  • Junior Middle School: Palm Desert Charter
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Feb 23, 2023
Sold by
Isackson Family Trust and Isackson Gary I
Bought by
Gene Phillips Trust and Phillips
Seller's Agent
Krisie Cook
Windermere Real Estate
Buyer's Agent
Pitchsinee Sandau
Equity Union
List Price
$425,000
Sold Price
$379,000
Premium/Discount to List
-$46,000
-10.82%
Views
33
Current Estimated Value
$481,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,615
Avg. Annual Appreciation
9.13%
Original Mortgage
$227,400
Outstanding Balance
$220,996
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$245,590

Purchase Details

Closed on
Mar 21, 2013
Sold by
Dier Patti Ann
Bought by
Isackson Gary I and Isackson Gay A

Purchase Details

Closed on
Jul 5, 2006
Sold by
Dier Patti Ann
Bought by
Dier Patti Ann

Purchase Details

Closed on
Oct 13, 1997
Sold by
Montbroussous Raymond A
Bought by
The Patricia M Montbroussous Disclaimer
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
Gene Phillips Trust $379,000 Fidelity National Title
Isackson Gary I $200,000 Equity Title Orange County-I
Dier Patti Ann -- None Available
The Patricia M Montbroussous Disclaimer -- --
The Patricia M Montbroussous Disclaimer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Eugene Trust $227,400
Closed Gene Phillips Trust $227,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $379,000 -10.8% $272 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $425,000 -- $305 / 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 $5,186 $394,311 $42,916 $351,395
2023 $5,186 $236,708 $59,173 $177,535
2022 $3,238 $232,067 $58,013 $174,054
2021 $3,159 $227,518 $56,876 $170,642
2020 $3,106 $225,186 $56,293 $168,893
2019 $3,052 $220,772 $55,190 $165,582
2018 $3,000 $216,444 $54,109 $162,335
2017 $2,944 $212,201 $53,049 $159,152
2016 $2,879 $208,041 $52,009 $156,032
2015 $2,888 $204,919 $51,229 $153,690
2014 $2,845 $200,908 $50,227 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219090886

California Desert Association of REALTORS®

APN: 640-310-003