NOT LISTED FOR SALE

71300 Cholla Way Palm Desert, CA 92260

Estimated Value: $1,356,000 - $1,788,000

3 Beds
2 Baths
2,067 Sq Ft
$709/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $1,100,000 $532 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,966/month

30 Days on Market

Highlights

  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Updated Kitchen
  • Palm Desert High School Rated A
  • Panoramic View
  • Contemporary Architecture

About This Home

As of May 2021

Most incredible views in Cahuilla Hills, this property offers a spectacular 180 degree view of the mountains and valleys, and breathtaking views of the city lights at night. This one of a kind property, sits on 2 acres and offers a truly peaceful and rural lifestyle, all just minutes from downtown El Paseo. Totally remodeled with an open floor plan and modern kitchen, marble counter tops,fabulous back splash and paved cement gray floors give it a contemporary and beautiful feel. Living room opens to entertaining area on patio which has a view of Stone Eagle golf course and the most expansive down valley views in Cahuilla Hills. Outside you will find a pool and spa which were pebble teced in 2016 with an attractive turquoise gray surface.. And the solar is paid for! So you can expect low electric bills. Property has successful air bnb rental history.

Last Agent to Sell the Property

Ann Stanley

HomeSmart License #00814806 Listed on: 03/31/2021

HomeSmart

Last Buyer's Agent

GPS Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,318

Year Built

  • Built in 1980

Lot Details

  • 2 Acre Lot
  • Cul-De-Sac
  • Southeast Facing Home
  • Wrought Iron Fence
  • Landscaped
  • Private Lot
  • Sprinklers on Timer
  • Hillside Location

Property Views

  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Desert
  • Hills
  • Valley
  • Pool

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 2,067 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • 1 Fireplace
  • Custom Window Coverings
  • Blinds
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Living Room with Attached Deck
  • Dining Area
  • Concrete Flooring
  • Attic

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Marble Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Solar owned by seller
  • Solar Heating System

Pool

  • Pebble Pool Finish
  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Property is located within a water district
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Ground Level

Community Details

  • Cahuilla Hills Subdivision
  • Community Mailbox

Listing and Financial Details

  • Assessor Parcel Number 628370022

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,318

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces East
  • Levels: One
  • Building Style: Contemporary, Modern
  • Disability Access: No Interior Steps
  • Entry Location: Ground Level - No Steps, Main Level
  • Included In Sale: Furniture is negotiable
  • List Price per Sq Ft: 532.17
  • Lp Sp Ratio: 1.0000
  • View Type: City Lights, Valley, Pool, Panoramic, Mountain(s), Hills, Desert, Canyon, City
  • Water District Name: Cochella water district
  • Year Built: 1980
  • Listing I D: 219059712
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 4045 E Ramon Rd, Palm Springs, CA 92264
  • Land Type: Fee
  • Subdivision: Cahuilla Hills
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Self Cleaning Oven, Water Filter, Washer, Trash Compactor, Ice Maker
  • Appliances Other: All electric
  • Interior Amenities: Beamed Ceilings, Living Room Deck Attached, Cathedral Ceiling(s)
  • Range Hood: Yes
  • Flooring: Concrete
  • Bedroom Features: Main Floor Master Bedroom, Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled, Tile Shower, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Marble Counters, Remodeled
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 2067.00
  • Windows Treatments: Custom Window Covering, Blinds, Drapes

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Owned
  • Roofing: Shingle
  • Built-in BBQ: Propane
  • Fencing: Wrought Iron
  • Foundation: Slab
  • Patio: Covered, Wood
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground, Tile, Pebble
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated - Propane
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener, Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Electric, Central Air
  • Heating: Forced Air
  • Heating Fuel: Electric, Solar
  • Sewer: Septic Tank
  • Water: Water District
  • Water Heater Feature: Electric, Water Heater Unit

Association/Amenities

  • Community Features: Community Mailbox

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 628370022
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 2.0000
  • Lot Description: Landscaped, Private, Single Lot
  • Lot Location: Cul-De-Sac, Hillside
  • Lot Size: 87120.00

Rental Info

  • 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
Mar 31, 2021
Closed on
Apr 27, 2021
Sold by
Stanley Andrew and Stanley Ann
Bought by
Arsenyan Levon and Arsenyan Ashkhen
Seller's Agent
Ann Stanley
HomeSmart
Buyer's Agent
GPS Non Member
Non Member Office
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$1,466,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,070
Avg. Annual Appreciation
6.70%

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 25, 2016
Sold by
Plihal Jean E and Stuart Kylee S
Bought by
Stanley Andrew and Stanley Ann
Seller's Agent
Tommi Lennon
Bennion Deville Homes
Buyer's Agent
Ann Stanley
HomeSmart
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.33%

Purchase Details

Closed on
Apr 1, 2016
Sold by
Peterson Ann W
Bought by
Plihal Jean E

Purchase Details

Closed on
Jun 7, 2000
Sold by
Ann Peterson
Bought by
Peterson Ann W

Purchase Details

Closed on
Oct 5, 1999
Sold by
Peterson Ann & Dibble Paul Trustees
Bought by
Peterson Ann W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.37%
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
Arsenyan Levon $1,100,000 Fidelity National Ttl Co Ie
Stanley Andrew $350,000 Orange Coast Title Company
Stuart Kylee S -- Orange Coast Title Company
Pilhal Jean E -- Orange Coast Title Company
Plihal Jean E -- None Available
Peterson Ann W -- --
Peterson Ann W -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Ann W $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/11/2021 05/11/21 Sold $1,100,000 0.0% $532 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $1,100,000 +214.3% $532 / Sq Ft
06/16/2016 06/16/16 Sold $350,000 -12.3% $197 / Sq Ft View Prior Sale
05/21/2016 05/21/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $399,000 -- $224 / 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 $14,318 $1,190,674 $562,864 $627,810
2023 $14,318 $1,144,440 $541,008 $603,432
2022 $4,805 $390,427 $223,101 $167,326
2021 $4,712 $382,773 $218,727 $164,046
2020 $4,621 $378,849 $216,485 $162,364
2019 $4,531 $371,422 $212,241 $159,181
2018 $4,443 $364,140 $208,080 $156,060
2017 $4,350 $357,000 $204,000 $153,000
2016 $3,497 $295,310 $110,950 $184,360
2015 $3,508 $290,877 $109,285 $181,592
2014 $3,446 $285,182 $107,146 $178,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219059712

California Desert Association of REALTORS®

APN: 628-370-022