NOT LISTED FOR SALE

71521 Canyon Way Palm Desert, CA 92260

Estimated Value: $191,000

5 Acres
$38,200 Price per Acre
217,800 Sq Ft Lot

Last Sold February 22, 2024

Last sale price $40,000 $60 Per Sq Ft

Est. 378% increase in value since last sale

Current estimated payment $1,236/month

172 Days on Market

About This Lot

As of February 2024

Five acre parcel ZONED W-1, minutes from El Paseo, HWY 111 and all of south Palm Desert. Nice Cahuilla Hills location. Easily accessible from HWY 74, with paved roads most of the way. An old structure sits on the west end of the lot. Zoned W1, per Riverside County. See DOCS for Riverside County Parcel Report. Contact Riverside County for land uses, restrictions, utilities, and all zoning requirements. See DOCS for Riverside County Parcel Report. Buyer to do their own due diligence and to independently verify all information provided herein and or taken from public record. Images with boundaries were taken from a Riverside County "Map My County" website and are subject to verification.

Last Agent to Sell the Property

Brian & Kerri Sullivan

Equity Union License #01956172T Listed on: 07/15/2023

Equity Union

Last Buyer's Agent

Brian & Kerri Sullivan

Equity Union License #01956172T Listed on: 07/15/2023

Equity Union

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,670

Lot Details

  • 5 Acre Lot
  • Property is zoned W-1

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Hills

Listing and Financial Details

  • Assessor Parcel Number 628-390-006

Property Details

Property Type

Land

Est. Annual Taxes

$2,670

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Builders Tract Code: 3840
  • Lot Acreage: 5.0000
  • Builders Tract Name: Cahuilla Hills
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains, Hills, Desert, Panoramic
  • View: Yes

Utilities

  • Cable: No
  • Gas: Unknown
  • Sewer: Unknown
  • Telephone: No
  • Water: In Street

Lot Info

  • Assessor Parcel Number: 628-390-006
  • Lot Size Area: 217800

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Jan 30, 2024
Sold by
Sara Louise Schrader Revocable Living Tr
Bought by
Tran John and Tran Nikkie
Seller's Agent
Brian & Kerri Sullivan
Equity Union
Buyer's Agent
Brian & Kerri Sullivan
Equity Union
List Price
$100,000
Sold Price
$40,000
Premium/Discount to List
-$60,000
-60%
Views
118
Current Estimated Value
$191,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,000
Avg. Annual Appreciation
159.42%

Purchase Details

Closed on
May 3, 2023
Sold by
Schrader Deborah
Bought by
Sara Louise Schrader Revocable Living Trust

Purchase Details

Closed on
Sep 21, 2004
Sold by
Moritz Angela Peggy and Moritz Angela
Bought by
Schrader Roy
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
Tran John $40,000 Lawyers Title
Sara Louise Schrader Revocable Living Trust -- None Listed On Document
Schrader Roy -- Chicago Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $40,000 -60.0% $60 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
12/21/2023 12/21/23 Price Changed $100,000 0.0% $149 / Sq Ft
12/21/2023 12/21/23 For Sale $100,000 -60.0% $149 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $250,000 -- $372 / Sq Ft
Source: The MLS

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 $2,670 $40,800 $40,800 --
2023 $2,518 $25,082 $14,758 $10,324
2022 $523 $24,591 $14,469 $10,122
2021 $551 $24,110 $14,186 $9,924
2020 $624 $23,864 $14,041 $9,823
2019 $479 $23,397 $13,766 $9,631
2018 $469 $22,940 $13,496 $9,444
2017 $454 $22,491 $13,232 $9,259
2016 $438 $22,051 $12,973 $9,078
2015 $426 $21,722 $12,779 $8,943
2014 $279 $21,299 $12,530 $8,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-290736

The MLS

APN: 628-390-006