NOT LISTED FOR SALE

72740 Bursera Way Unit 1 Palm Desert, CA 92260

Estimated Value: $257,935 - $272,000

2 Beds
1 Bath
810 Sq Ft
871 Sq Ft Lot

Last Sold March 11, 2013

Last sale price $92,900 $115 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,633/month

118 Days on Market

About This Home

As of March 2013

2 bedroom, 1 bathroom condominium ground floor Unit #1 most desirable of the fourplex. NEW flooring, Paint & Texture, Closet Doors, Interior Doors, Stainless Steel Sink, AIR Conditioner Unit, New Dishwasher, Remodeled Bathroom, New plumbing Fixtures, New Door Jams, TURN KEY CONDITION!! Great Investment opportunity! Close to El Paseo Shopping (Rodeo Drive of the Desert). Two community pools, hiking trails nearby, Covered shared garage, security at night. Owner willing to carry financing with down and good credit. Note: New COUNTER TOPS in Kitchen to be installed in December 2012.

Last Agent to Sell the Property

Paul Wong

HomeSmart License #01168154 Listed on: 08/25/2012

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,825

Year Built

1971

Lot Details

0

Listing Details

  • Cross Street: HWY 74
  • Active Date: 2013-02-07
  • Full Bathroom: 1
  • Building Size: 810.0
  • Driving Directions: South on Hwy. 74 to Bursera Way (turn right). Unit #1 located on first fourplex to the right (Lemon Tree in front of unit and small patio)
  • Full Street Address: 72740 Bursera WAY
  • Lot Size Acres: 0.02
  • Pool Descriptions: Association Pool
  • Primary Object Modification Timestamp: 2014-08-13
  • Spa Descriptions: Association Spa
  • Tax Legal Lot Number: 1
  • Tax Legal Tract Number: 3953
  • Unit Floor In Building: 1
  • View Type: No View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1971

Interior Features

  • Bathroom Features: Shower and Tub
  • Bedroom Features: All Bedrooms Down
  • Eating Areas: Breakfast Counter / Bar
  • Appliances: Free Standing Electric
  • Advertising Remarks: 2 bedroom, 1 bathroom condominium ground floor Unit #1 most desirable of the fourplex. NEW flooring, Paint & Texture, Closet Doors, Interior Doors, Stainless Steel Sink, AIR Conditioner Unit, New Dishwasher, Remodeled Bathroom, New plumbing Fixtures, New
  • Total Bedrooms: 2
  • Builders Tract Code: 3953
  • Builders Tract Name: INDIAN CREEK VILLAS
  • Fireplace: No
  • Levels: One Level
  • Spa: Yes
  • Interior Amenities: Turnkey
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Association Phone Number: 760-323-7475
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Counter Top
  • Laundry: Community
  • Pool: Yes

Exterior Features

  • View: No
  • Lot Size Sq Ft: 871
  • Direction Faces: Faces South
  • Roofing: Composition
  • Water: Water District

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Spaces Total: 2
  • Parking Type: Community Garage, Garage - Two Door, Garage Is Attached, Parking for Guests

Utilities

  • Sewer: In Street Paid
  • Water District: C.V.W.D
  • TV Svcs: Cable TV
  • Water Heater: Water Heater Central
  • Cooling Type: Air Conditioning, Central A/C, Ceiling Fan(s)
  • Heating Type: Forced Air

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Storage Area, Hiking Trails, Onsite Property Management
  • HOA: No
  • Association Rules: PetsPermitted
  • Association Name: Inidian Creek Villas

Schools

  • High School: Palm Desert High Sch

Lot Info

  • Lot Description: 2-4 Lots

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2021
Sold by
Sarvarian Nejdeh and Gholian Diana
Bought by
Sarvarian Nejdeh and Gholian Diana
Current Estimated Value
$271,912

Purchase Details

Listed on
Aug 25, 2012
Closed on
Feb 15, 2013
Sold by
Pasztor Alexander N and Pasztor Josephine L
Bought by
Sarvarian Nejdeh and Gholian Diana
Seller's Agent
Paul Wong
HomeSmart
List Price
$93,500
Sold Price
$92,900
Premium/Discount to List
-$600
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$74,320
Interest Rate
3.4%
Mortgage Type
Seller Take Back
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
Sarvarian Nejdeh -- None Available
Sarvarian Nejdeh $93,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarvarian Nejdeh $75,000
Closed Sarvarian Nejdeh $74,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2013 03/11/13 Sold $92,900 -2.1% $115 / Sq Ft
02/07/2013 02/07/13 Price Changed $94,900 +1.5% $117 / Sq Ft
01/21/2013 01/21/13 For Sale $93,500 0.0% $115 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/18/2012 12/18/12 Price Changed $93,500 +4.0% $115 / Sq Ft
10/13/2012 10/13/12 For Sale $89,900 -3.2% $111 / Sq Ft
09/24/2012 09/24/12 Off Market $92,900 -- --
08/25/2012 08/25/12 For Sale $89,900 -- $111 / Sq Ft
Source: Palm Springs Regional 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 $1,825 $114,380 $28,588 $85,792
2023 $1,825 $109,940 $27,479 $82,461
2022 $1,716 $107,786 $26,941 $80,845
2021 $1,667 $105,673 $26,413 $79,260
2020 $1,642 $104,591 $26,143 $78,448
2019 $1,617 $102,541 $25,631 $76,910
2018 $1,593 $100,531 $25,130 $75,401
2017 $1,566 $98,561 $24,638 $73,923
2016 $1,535 $96,629 $24,155 $72,474
2015 $1,538 $95,181 $23,794 $71,387
2014 $1,518 $93,319 $23,329 $69,990
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Paul Wong

    HomeSmart

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 41460463

APN: 628-202-002

California Riverside County Palm Desert 92260

72740 Bursera Way Unit 1, Palm Desert, CA

This home is located at 72740 Bursera Way Unit 1, Palm Desert, CA 92260 since 25 August 2012 and is currently estimated at $265,484, approximately $327 per square foot. This property was built in 1971. 72740 Bursera Way Unit 1 is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

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