NOT LISTED FOR SALE

72868 Pitahaya St Palm Desert, CA 92260

Estimated Value: $590,000 - $1,576,000

5 Beds
5 Baths
4,629 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 26, 2013

Last sale price $557,750 $120 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $7,969/month

52 Days on Market

Highlights

  • Mountain View
  • Fireplace
  • Forced Air Heating and Cooling System
  • Palm Desert High School Rated A
  • 1-Story Property

About This Home

As of March 2013

A unique property with pride of ownership and one street north of El Paseo! Set on a large lot (18,731 SF) in a quiet neighborhood with mostly single family residences, this tri-plex offers two (2), two (2) bedroom units with den, each approximately 1800 SF, with one of these units having been recently upgraded with granite counters, stainless steel and higher end appliances and cabinets. The middle unit is a one (1) bedroom, one (1) bath, and like all units, looks out into the common area backyard and pool. Units 1 and 3 have open floor plans, with large glass sliders opening onto the backyard deck from both the great room and master bedroom. Each unit has an outdoor (dual-indoor/outdoor) fireplace. Units 1 and 3 each have a two car garage and Unit 2 has a two car carport. This is an excellent property for an Owner/Occupier, or to convert into seasonal rentals. Very private with a resort atmosphere.

Last Agent to Sell the Property

Michael Manion

Coldwell Banker Realty License #01256725 Listed on: 01/31/2013

Last Buyer's Agent

Mark Dirkswager

Bennion Deville Homes License #01226946

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,191

Year Built

  • Built in 1978

Lot Details

  • 0.43 Acre Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Tile Roof
  • Composition Roof
  • Concrete Roof

Interior Spaces

  • 4,629 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Listing and Financial Details

  • The owner pays for gardener, water, pool service
  • Assessor Parcel Number 640260026

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $4,150
  • Net Operating Income $3,351

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,191

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 191666.00
  • Builders Tract Code: NA-323
  • List Price per Sq Ft: 124.22
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1978
  • Internal Listing I D: 20190608183518864745000000
  • Listing I D: 21470095
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 321-1109
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 1780 Paseo Pelota, Palm Springs, CA 92262
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Laundry Equipment: Own
  • Estimated Sq Ft: 4629.00

Exterior Features

  • Roofing: Composition, Tile, Shingle, Concrete
  • Foundation: Slab
  • View: Yes

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Sewer: In Street Paid
  • Water: Water District
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 640260026
  • Lot Size: 18731.00

Rental Info

  • Owner Pays: Gardener, Water, Pool Service

Multi Family

  • Total Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2020
Sold by
Malone Michael
Bought by
Malone Michael
Total Days on Market
52
Current Estimated Value
$1,259,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$330,264
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$853,570

Purchase Details

Closed on
Aug 16, 2019
Sold by
Malone Michael H and Mastropietro Malone Sharon
Bought by
Malone Michael

Purchase Details

Listed on
Jan 31, 2013
Closed on
Feb 13, 2013
Sold by
Clarke Donald G
Bought by
Malone Michael and Mastropietro Sharon
Seller's Agent
Michael Manion
Coldwell Banker Realty
Buyer's Agent
Mark Dirkswager
Bennion Deville Homes
List Price
$575,000
Sold Price
$557,750
Premium/Discount to List
-$17,250
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$417,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 19, 2004
Sold by
August Partners
Bought by
Clarke Donald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Malone Michael -- California Members Ttl Ins C
Malone Michael -- None Available
Malone Michael $558,000 Equity Title Orange County I
Clarke Donald G $550,000 Gateway Title Orange
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malone Michael $365,000
Closed Malone Michael $417,000
Previous Owner Clarke Donald G $165,000
Previous Owner Clarke Donald G $440,000
Closed Clarke Donald G $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2013 03/26/13 Sold $557,750 -3.0% $120 / Sq Ft
03/24/2013 03/24/13 Pending -- -- --
01/31/2013 01/31/13 For Sale $575,000 -- $124 / 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
2023 $11,191 $660,149 $171,618 $488,531
2022 $10,024 $647,205 $168,253 $478,952
2021 $9,602 $634,515 $164,954 $469,561
2020 $9,452 $628,010 $163,263 $464,747
2019 $9,284 $615,697 $160,062 $455,635
2018 $9,124 $603,625 $156,925 $446,700
2017 $8,937 $591,791 $153,849 $437,942
2016 $8,718 $580,188 $150,833 $429,355
2015 $8,483 $571,474 $148,568 $422,906
2014 $7,917 $560,281 $145,658 $414,623
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Manion

    Coldwell Banker Realty

  • M

    Buyer's Agent in 2013

    Mark Dirkswager

    Bennion Deville Homes

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21470095

California Desert Association of REALTORS®

APN: 640-260-026

California Riverside County Palm Desert 92260

72868 Pitahaya St, Palm Desert, CA

This home is located at 72868 Pitahaya St, Palm Desert, CA 92260 since 31 January 2013 and is currently estimated at $1,259,436, approximately $272 per square foot. This property was built in 1978. 72868 Pitahaya St is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter 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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