NOT LISTED FOR SALE

71649 Cholla Way Palm Desert, CA 92260

Estimated Value: $2,477,000 - $3,473,115

1.13 Acres
$2,604,450 Price per Acre
49,223 Sq Ft Lot

Last Sold June 08, 2021

Last sale price $435,000

Est. 577% increase in value since last sale

Current estimated payment $16,780/month

13 Days on Market

Highlights

  • Horse Property
  • Panoramic View
  • Hiking Trails
  • Palm Desert High School Rated A
  • No HOA
  • Horse Trails

About This Lot

As of June 2021

The deserts best kept secret! Don't miss out on this incredible opportunity in Cahuilla Hills private estates. This parcel totals 1.13 acres and is a certified and graded building pad, complete with floor plan, if desired. The lot offers wide-open elevated views of the Santa Rosa Mountains and distant city lights. Quite possibly the best views and private location in the desert. This lot offers the ability to have an ultra-secluded, gated estate within one of the most prestigious areas in the desert! Building pad is also fully expandable. All utilities are located in front of lot, with low connection fees.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #01523060 Listed on: 03/23/2021

Last Buyer's Agent

Mario Perez

RE/MAX Consultants License #01230040

RE/MAX Consultants

Property Details

Property Type

  • Land

Lot Details

  • 1.13 Acre Lot
  • Property fronts a county road
  • Desert faces the front and back of the property
  • Chain Link Fence
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1-5

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert

Utilities

  • Soils Analysis Septic
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 628400006

Community Details

Overview

  • No Home Owners Association
  • Cahuilla Hills Subdivision
  • Mountainous Community

Recreation

  • Horse Trails
  • Hiking Trails
  • Horse Property

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Improvements: Graded/Drainage
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name Other: Cahuilla Hills (PD) (32302)
  • Survey: Corners Marked, Survey Done
  • View: Yes
  • Zoning: R-1-5
  • Property Type: Land
  • Parcel Number: 628400006
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 8.84

Exterior Features

  • View: City Lights, Desert, Mountain(s), Panoramic
  • Fencing: Chain Link

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Sewer: Soils Analysis Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Horse Trails, Mountainous

Lot Info

  • Additional Parcels: No
  • Current Geological: Yes
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Desert Back, Desert Front, Horse Property
  • Lot Size Sq Ft: 49222.80
  • Usable Land Percent: 50
  • Lot Size Acres: 1.1300
  • Latitude Manual: 33.68840700

Multi Family

  • Lot Size Area: 1.1300 Acres

Tax Info

  • Tax Census Tract: 451.08
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2021
Sold by
Stoianovici Silvester
Bought by
Martin Luis and Martin Diana
Current Estimated Value
$2,943,029

Purchase Details

Closed on
Mar 19, 2018
Sold by
Wood Kenton D and Wood Leona M
Bought by
Stoianovici Silvester

Purchase Details

Closed on
Jul 12, 2016
Sold by
Wood Kenton D and Wood Leona M
Bought by
Wood Kenton D and Wood Leona M

Purchase Details

Closed on
Sep 8, 2011
Sold by
Pacific Premier Bank
Bought by
Wood Kenton D and Wood Leona M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2011
Sold by
Perle Cery
Bought by
Canyon National Bank

Purchase Details

Closed on
Jun 21, 2007
Sold by
Anderson Virginia M
Bought by
Perle Cery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Martin Luis $435,000 Lawyers Title Company
Stoianovici Silvester $150,000 Fidelity National Title
Wood Kenton D -- None Available
Wood Kenton D -- Old Republic Title Company
Pacific Premier Bank -- Old Republic Title Company
Canyon National Bank $159,000 Accommodation
Perle Cery $460,000 Southland Title Inland Empir
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Kenton D $100,000
Previous Owner Perle Cery $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $435,000 -2.9% --
04/05/2021 04/05/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $448,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,779 $2,315,857 $470,857 $1,845,000
2023 $15,779 $452,574 $452,574 $0
2022 $1,981 $160,829 $160,829 $0
2021 $1,943 $157,676 $157,676 $0
2020 $1,905 $156,060 $156,060 $0
2019 $1,869 $153,000 $153,000 $0
2018 $1,352 $110,388 $110,388 $0
2017 $1,324 $108,224 $108,224 $0
2016 $1,291 $106,102 $106,102 $0
2015 $1,296 $104,509 $104,509 $0
2014 $1,274 $102,463 $102,463 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2021

    Jonathan Minerick

    Homecoin.com

    (888) 400-2513

    7,216 Total Sales

    Jonathan Minerick
    Section Image

  • M

    Buyer's Agent in 2021

    Mario Perez

    RE/MAX

    (760) 250-5398

    116 Total Sales

    Mario Perez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21060466

California Regional Multiple Listing Service (CRMLS)

APN: 628-400-006

California Riverside County Palm Desert 92260

71649 Cholla Way, Palm Desert, CA

Not Listed for Sale

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