NOT LISTED FOR SALE

72977 Bursera Way Palm Desert, CA 92260

Estimated Value: $813,000 - $1,114,000

3 Beds
2.5 Baths
2,260 Sq Ft
$456/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $1,000,000 $442 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,918/month

8 Days on Market

Highlights

  • Private Pool
  • Solar Power System
  • Retreat
  • Palm Desert High School Rated A
  • Open Floorplan
  • Park or Greenbelt View

About This Home

As of March 2022

Location, Location, Location South Palm Desert Traditional sale! Stunning Palm Desert home sits on over 13,000 SFT and enjoys major improvements & renovations! Newer paint, carpet, fixtures, granite and stainless-steel appliances are just a few of the improvements made to the home. The home offers endless space for families or entertaining, the master is oversized with shutters & large spa-like bathroom, with an entry out to pool. Breathtaking views outside of the front and back windows! A Beautiful pool & spa awaits you in the backyard, tons of storage/ parking & a huge lot!
Convenient to El Paseo, Westfield Mall, McCallum Theater and much more. Come take a look!!!

Last Listed By

Jenifer Rallo

Dream Realty License #01380056 Listed on: 02/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,761

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Property is zoned R112M

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Property Views

  • Park or Greenbelt
  • Neighborhood
  • Courtyard

Interior Spaces

  • 2,260 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Shutters
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Retreat
  • Dressing Area

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Enclosed Glass Porch
  • Patio

Additional Features

  • Solar Power System
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 31
  • Assessor Parcel Number 630073001
  • $556 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,761

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R112M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 630073001
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2260.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, In Family Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 442.48
  • Room Type: All Bedrooms Down, Dressing Area, Entry, Family Room, Laundry, Living Room, Retreat
  • Spa Features: Private
  • Window Features: Shutters

Exterior Features

  • Patio: Yes
  • View: Courtyard, Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Covered, Enclosed, Enclosed Glass Porch, Front Porch
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Desert Sands Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Lot 10000-19999 Sqft, Sprinkler System, Yard
  • Lot Size Sq Ft: 13068.00
  • Lot Size Acres: 0.3000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13068.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 451.15
  • Tax Lot: 31
  • Tax Tract Number: MB ...
  • TaxOtherAnnualAssessmentAmount: 556.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 2, 2022
Sold by
Markarian Shavarsh H and Ma Jacqueline
Bought by
Madapi Francois Evon and Madath Donna Majekka
Seller's Agent
Jenifer Rallo
Dream Realty
Buyer's Agent
Jenifer Rallo
Dream Realty
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Total Days on Market
8
Current Estimated Value
$1,030,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,969
Avg. Annual Appreciation
1.66%

Purchase Details

Closed on
Aug 26, 2019
Sold by
Markarian Jacqueline B
Bought by
Markarian Jacqueline B

Purchase Details

Listed on
Jan 23, 2017
Closed on
Apr 26, 2017
Sold by
Radu Diane
Bought by
Markarian Jacqueline B
Seller's Agent
Diane Radu
Windermere Homes & Estates
Buyer's Agent
Jon McGihon
Bennion Deville Homes
List Price
$519,500
Sold Price
$495,000
Premium/Discount to List
-$24,500
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%

Purchase Details

Listed on
Aug 26, 2015
Closed on
Mar 29, 2016
Sold by
Loringer Susan E
Bought by
Radu Diane
Seller's Agent
June Johnson
Keller Williams Realty
Buyer's Agent
June Johnson
Keller Williams Realty
List Price
$529,000
Sold Price
$450,000
Premium/Discount to List
-$79,000
-14.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$675,000
Interest Rate
3.72%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 28, 2003
Sold by
Loringer John E and Loringer Susan E
Bought by
Loringer John E and Loringer Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2002
Sold by
Loringer John E and Loringer Susan E
Bought by
Loringer John E and Loringer Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2002
Sold by
Loringer John E and Loringer Susan E
Bought by
Loringer John E and Loringer Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
5.62%
Mortgage Type
Unknown

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
Madapi Francois Evon $1,000,000 Lawyers Title
Markarian Jacqueline B -- None Available
Markarian Jacqueline B $495,000 First American Title Company
Radu Diane $450,000 Orange Coast Title Co
Loringer John E -- Lawyers Title Company
Loringer John E -- Lawyers Title Company
Loringer John E -- Fidelity National Title Co
Loringer John E -- Fidelity National Title Co
Loringer John E -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Radu Diane $675,000
Previous Owner Loringer John E $250,000
Previous Owner Loringer John E $300,000
Previous Owner Loringer John E $282,500
Previous Owner Loringer John E $280,000
Previous Owner Loringer John E $262,500
Previous Owner Loringer John E $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,000,000 -4.8% $442 / Sq Ft
02/18/2022 02/18/22 For Sale $1,050,000 +112.1% $465 / Sq Ft
05/10/2017 05/10/17 Sold $495,000 +1.0% $219 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/02/2017 04/02/17 Price Changed $489,900 -3.1% $217 / Sq Ft
03/24/2017 03/24/17 Price Changed $505,500 -2.7% $224 / Sq Ft
03/21/2017 03/21/17 For Sale $519,500 0.0% $230 / Sq Ft
03/21/2017 03/21/17 Price Changed $519,500 -1.0% $230 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $524,500 +6.0% $232 / Sq Ft
02/27/2017 02/27/17 Off Market $495,000 -- --
02/17/2017 02/17/17 Price Changed $524,500 -2.4% $232 / Sq Ft
02/10/2017 02/10/17 Price Changed $537,500 -2.3% $238 / Sq Ft
02/03/2017 02/03/17 Price Changed $549,900 -1.8% $243 / Sq Ft
01/23/2017 01/23/17 For Sale $559,900 +24.4% $248 / Sq Ft
05/19/2016 05/19/16 Sold $450,000 -7.2% $216 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
03/08/2016 03/08/16 Price Changed $485,000 -2.8% $232 / Sq Ft
02/10/2016 02/10/16 Price Changed $499,000 -2.0% $239 / Sq Ft
01/03/2016 01/03/16 Price Changed $509,000 -1.9% $244 / Sq Ft
10/08/2015 10/08/15 Price Changed $519,000 -1.9% $249 / Sq Ft
09/29/2015 09/29/15 For Sale $529,000 0.0% $253 / Sq Ft
09/14/2015 09/14/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $529,000 -- $253 / Sq Ft
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
2023 $13,761 $1,020,000 $346,800 $673,200
2022 $7,213 $541,350 $162,404 $378,946
2021 $7,055 $530,736 $159,220 $371,516
2020 $6,930 $525,295 $157,588 $367,707
2019 $6,802 $514,997 $154,499 $360,498
2018 $6,676 $504,900 $151,470 $353,430
2017 $6,104 $459,000 $137,700 $321,300
2016 $5,032 $373,422 $149,365 $224,057
2015 $4,952 $367,815 $147,122 $220,693
2014 $4,730 $360,612 $144,241 $216,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22024165

California Regional Multiple Listing Service (CRMLS)

APN: 630-073-001