NOT LISTED FOR SALE

72940 Homestead Rd Palm Desert, CA 92260

Estimated Value: $1,310,052 - $1,444,000

4 Beds
3 Baths
2,780 Sq Ft
$494/Sq Ft Est. Value

Last Sold February 06, 2024

Last sale price $1,325,000 $477 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,135/month

62 Days on Market

Highlights

  • Guest House
  • Pebble Pool Finish
  • Panoramic View
  • Palm Desert High School Rated A
  • Casita
  • Updated Kitchen

About This Home

As of February 2024

Quintessential, beautifully updated, stunning Stanton Graham built Mid Century. View home on one of the most prestigious streets in Palm Desert!! The builder constructed 20 custom homes calling this area Eldorado Highlands. 4 bedroom, 3 bath home with a remodeled designer inspired kitchen including Quartzite waterfall counter tops, counter microwave, Subzero refrigerator, Thermador oven, Elkay water dispenser, and wine cooler!The kitchen opens to a grand dining area, step down living room, all glass which allows indoor/outdoor living concept with beautiful gardens and outdoor kitchen. 2 room attached casita and 2 car garage, step down terraced yard offers privacy, drama and fantastic views of the valley and chocolate mountains!!! This is a real find for mid century enthusiasts!!! Owned solar and salt water pool.

Last Agent to Sell the Property

Pat Bianchi

Keller Williams Realty License #01893682 Listed on: 11/15/2023

Keller Williams Realty

Co-Listed By

Arleen Cohen-Bianchi

Keller Williams Realty License #01815894

Last Buyer's Agent

Mary Pat Widmann

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,496

Year Built

  • Built in 1964

Lot Details

  • 0.28 Acre Lot
  • Home has North and South Exposure
  • Wrought Iron Fence
  • Stucco Fence

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Valley

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 2,780 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Double Door Entry
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Security Lights
  • Laundry Room

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Shower Only

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated Spa
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Casita
  • Built-In Barbecue
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Sewer in Street

Additional Features

  • Solar owned by seller
  • Guest House
  • Ground Level

Community Details

  • Built by Stanton Graham 1964
  • Eldorado Highlands

Listing and Financial Details

  • Assessor Parcel Number 628192018

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,496

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Front Door Faces South
  • Levels: One
  • Builder Model Name: Eldorado Highlands
  • Builder Name: Stanton Graham 1964
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Casita Features: Kitchenette
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 501.73
  • Lp Sp Ratio: 0.9500
  • View Type: City Lights, Mountain(s), Panoramic, Valley
  • Water District Name: CVWD
  • Year Built: 1964
  • Co Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Member Fax: (310) 775-9760
  • Co Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-9510
  • Listing I D: 219102985
  • 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: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Selling Office Fax: (760) 841-0917
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Gas Cooktop, Refrigerator, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Range Hood: Yes
  • Fireplace Features: Gas & Wood
  • Flooring: Tile, Vinyl
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Dual Entry-Jack & Jill, Remodeled, Tile Shower
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Island, Remodeled, Stone Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2780.00

Exterior Features

  • Construction: Hard Coat Stucco, Stucco
  • Other Features: Barbeque Private, Solar System Owned
  • Other Structures: Guest House/Casita
  • Roofing: Foam
  • Built-in BBQ: Gas
  • Fencing: Stucco Wall, Wrought Iron
  • Foundation: Slab
  • Patio: Concrete Slab, Enclosed, Wrap Around
  • Pool: Yes
  • Pool Construction: Pebble
  • Pool Description: Private, Salt Water
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Pebble
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: Exterior Security Lights
  • Sewer: In Street Paid
  • Water: In Street, Water District

Lot Info

  • Assessor Parcel Number: 628192018
  • Lot Description: Single Lot
  • Lot Size: 12197.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2024
Sold by
Donabedian Randolph H and Furnare Patricia Frances
Bought by
Donabedian-Furnare Family Trust and Donabedian
Current Estimated Value
$1,373,763

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 8, 2024
Sold by
Folstrom Jade and Folstrom Dana
Bought by
Donabedian Randolph H and Furnare Patricia Frances
Seller's Agent
Pat Bianchi
Keller Williams Realty
Buyer's Agent
Mary Pat Widmann
Coldwell Banker Residential Brokerage
List Price
$1,449,000
Sold Price
$1,325,000
Premium/Discount to List
-$124,000
-8.56%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$993,750
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2003
Sold by
Macartney Marjorie
Bought by
Folstrom Jade and Folstrom Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1996
Sold by
Macartney Marjorie
Bought by
Macartney Marjorie
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
Donabedian-Furnare Family Trust -- None Listed On Document
Donabedian Randolph H $1,325,000 Equity Title
Folstrom Jade $375,000 Southland Title
Macartney Marjorie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donabedian Randolph H $993,750
Previous Owner Folstrom Jade $416,999
Previous Owner Folstrom Dana $415,000
Previous Owner Folstrom Jade $47,000
Previous Owner Folstrom Dana $305,000
Previous Owner Folstrom Jade $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2024 02/06/24 Sold $1,325,000 -5.0% $477 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/11/2023 12/11/23 Price Changed $1,394,799 0.0% $502 / Sq Ft
12/11/2023 12/11/23 Price Changed $1,394,900 -3.7% $502 / Sq Ft
11/15/2023 11/15/23 For Sale $1,449,000 -- $521 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $8,496 $1,351,499 $405,452 $946,047
2023 $8,496 $528,522 $143,480 $385,042
2022 $8,180 $518,160 $140,667 $377,493
2021 $8,009 $508,001 $137,909 $370,092
2020 $7,867 $502,793 $136,495 $366,298
2019 $7,603 $492,935 $133,819 $359,116
2018 $7,466 $483,271 $131,197 $352,074
2017 $7,417 $473,796 $128,625 $345,171
2016 $7,269 $464,506 $126,103 $338,403
2015 $7,285 $457,530 $124,209 $333,321
2014 $7,071 $448,570 $121,777 $326,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219102985

Greater Palm Springs Multiple Listing Service

APN: 628-192-018