NOT LISTED FOR SALE

722 Desert Way Palm Springs, CA 92264

Demuth Park Neighborhood

Estimated Value: $844,000 - $909,000

3 Beds
3 Baths
1,558 Sq Ft
$568/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $856,000 $549 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,645/month

25 Days on Market

Highlights

  • Attached Guest House
  • Art Studio
  • Solar Power System
  • Palm Springs High School Rated A-
  • Casita
  • Updated Kitchen

About This Home

As of May 2022

3 Bedroom, 3 Bath, Fee Land, Panoramic mountain view, OWNED SOLAR, Beautifully remodeled, cul-de-sac street, fully self contained casita, free standing art studio/work shop, 1 car attached, direct access garage plus 1 car carport, Covered outdoor living room, Beautiful landscaping. Beautifully remodeled desert paradise home, polished tinted concrete floors, French doors open to views and entertaining areas. Gourmet kitchen, slab granite counters, contemporary cabinetry, high-end gas range, pantry, breakfast room with custom mid-century bankette and French doors that open to an unobstructed view of San Jacinto Mountains. Enjoy the beautiful indoor living room featuring a fireplace made of desert stone or move through the double French doors to an amazing covered outdoor living room with cabana style outdoor drapes. Main house has 2 bedrooms and 2 baths. Both baths have been beautifully remodeled. The casita is fully self contained with full gourmet kitchen with slab granite counters, dishwasher, full size refrigerator, high-end gas range, breakfast bar, double sinks, custom cabinetry and custom built sofa/murphy bed. Also a beautiful casita bathroom. Property also includes an incredible additional building that could be used as an art studio or workshop. It is built to match the house and casita architecturally. This property currently does not have a swimming pool or spa. However, the Sellers have been told by pool professionals that there is plenty of room to install a pool

Last Agent to Sell the Property

Kim Melrose

Keller Williams Realty License #01247361 Listed on: 04/24/2022

Keller Williams Realty

Last Buyer's Agent

John Guthrie

Equity Union License #02081215

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,618

Year Built

  • Built in 1957

Lot Details

  • 8,276 Sq Ft Lot
  • Cul-De-Sac
  • Home has East and West Exposure
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,558 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Blinds
  • French Doors
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Art Studio
  • Craft Room
  • Utility Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Washer
  • Gas Dryer

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Green Features
  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Covered Patio or Porch
  • Casita

Additional Homes

  • Attached Guest House
  • Guest House Has A Garage

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Satellite Dish
  • Cable TV Available

Community Details

  • Demuth Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 680120019

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,618

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: Ground, One
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Casita Features: 1 Car Garage, Dryer Gas, Washer Electric
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 523.75
  • Lp Sp Ratio: 1.0500
  • View Type: Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 1957
  • Listing I D: 219077671
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Demuth Park
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Microwave Oven
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Concrete
  • Bedroom Features: All Bedrooms Down, Main Floor Master Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled, Shower & Tub, Tile Shower
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Room, Formal Dining Room
  • Kitchen Features: Granite Slab Counters, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 1558.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Owned
  • Other Structures: Accessory Bldgs, Guest House Attached, Guest House/Casita
  • Fencing: Block, Wrought Iron
  • Foundation: Slab
  • Patio: Awning(s), Concrete Slab, Covered
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Attached Carport, Covered, Driveway, Garage Door Opener
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 9.00
  • Total Uncovered Assigned Spaces: 5.00

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 680120019
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Back Yard, Fenced, Front Yard, Landscaped, Lawn, Level, Private, Street Paved, Yard
  • Lot Location: Cul-De-Sac
  • Lot Size: 8276.00

Green Features

  • Green Energy Generation: Solar
  • Green Features: Yes

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
May 2, 2022
Sold by
Coates & Holm Revocable Trust
Bought by
Boomhour Glen R and Pergolesi Jerry A
Seller's Agent
Kim Melrose
Keller Williams Realty
Buyer's Agent
John Guthrie
Equity Union
List Price
$816,000
Sold Price
$856,000
Premium/Discount to List
$40,000
4.9%
Current Estimated Value
$885,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,564
Avg. Annual Appreciation
1.03%
Original Mortgage
$500,000
Outstanding Balance
$475,041
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$410,523

Purchase Details

Closed on
Dec 4, 2014
Sold by
Holm Steven F
Bought by
Coates & Holm Revocable Trust

Purchase Details

Closed on
Dec 15, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Holm Steven F

Purchase Details

Closed on
May 19, 2009
Sold by
Sant Steven J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 15, 2005
Sold by
Thompson Jeffrey Dale and Thompson Randall Brian
Bought by
Sant Steve J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.68%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 9, 2000
Sold by
Thompson Dale H and Thompson Ione C
Bought by
Thompson Dale Homer and Thompson Ione Catherine
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
Boomhour Glen R $856,000 None Listed On Document
Coates & Holm Revocable Trust -- None Available
Holm Steven F $237,500 Ticor Title
Federal Home Loan Mortgage Corporation $275,000 Servicelink
Sant Steve J $350,000 First American Title Company
Thompson Dale Homer -- --
Thompson Dale H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boomhour Glen R $500,000
Previous Owner Sant Steve J $35,000
Previous Owner Sant Steve J $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $856,000 +4.9% $549 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $816,000 0.0% $524 / Sq Ft
12/01/2012 12/01/12 Rented $1,350 0.0% --
11/20/2012 11/20/12 Under Contract -- -- --
11/16/2012 11/16/12 For Rent $1,350 -- --
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 $11,618 $952,087 $228,155 $723,932
2023 $11,618 $915,119 $219,297 $695,822
2022 $3,908 $288,872 $72,211 $216,661
2021 $3,830 $283,209 $70,796 $212,413
2020 $3,664 $280,306 $70,071 $210,235
2019 $3,602 $274,811 $68,698 $206,113
2018 $3,535 $269,423 $67,352 $202,071
2017 $3,482 $264,141 $66,032 $198,109
2016 $2,541 $191,000 $48,000 $143,000
2015 $2,286 $175,000 $44,000 $131,000
2014 $2,061 $151,000 $38,000 $113,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kim Melrose

    Keller Williams Realty

    (760) 969-8520

    1 in this area

    9 Total Sales

    Kim Melrose
    Section Image
  • John Guthrie

    Buyer's Agent in 2022

    John Guthrie

    Equity Union

    (760) 636-9580

    1 in this area

    19 Total Sales

    John Guthrie
    Section Image

  • M

    Seller's Agent in 2012

    Michael Heath

    Village Property Management

    (760) 325-4477

    1 in this area

    30 Total Sales

    Michael Heath
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219077671

California Desert Association of REALTORS®

APN: 680-120-019

California Riverside County Palm Springs 92264 Demuth Park

722 Desert Way, Palm Springs, CA

This home is located at 722 Desert Way, Palm Springs, CA 92264 since 24 April 2022 and is currently estimated at $885,564, approximately $568 per square foot. This property was built in 1957. 722 Desert Way is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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