$450,000
SOLD MAY 19, 2016

72977 Bursera Way Palm Desert, CA 92260

3 Beds
2.5 Baths
2,087 Sq Ft
0.3 Acres

Recently Sold

$216 Per Sq Ft

15% Below List Price

213 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • High Ceiling
  • Palm Desert High School Rated A
  • Mountain View
  • Covered patio or porch

About This Home

As of March 2022

Price reduction..Location..Location..Location Charming ranch style home on a great street. This three bedroom, 2 1/2 bath home is on a massive 13,068 sq ft lot with mountain views. Two large covered patio areas with lovely salt water pool and spa. Great space for entertaining. Large kitchen and family room area, formal dining room over looking pool, large formal living room with fireplace. Pool light changes color for dramatic effect. Two car garage with epoxy floor. No HOA fees. Convenient to El Paseo, Westfield Mall, McCallum Theater and much more. Come take a look!!!

Last Agent to Sell the Property

June Johnson

Keller Williams Realty License #01724093 Listed on: 08/26/2015

Keller Williams Realty

Last Buyer's Agent

June Johnson

Keller Williams Realty License #01724093 Listed on: 08/26/2015

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,761

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • North Facing Home
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage

Home Design

  • Slab Foundation
  • Plaster Walls
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,087 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa

Utilities

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

Additional Features

  • No Interior Steps
  • Covered patio or porch

Listing and Financial Details

  • Assessor Parcel Number 630073001

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,761

Year Built

Built in 1977

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
  • Levels: One
  • Builders Tract Code: NA323
  • Building Number Of Stories: 1
  • Building Style: Ranch
  • Disability Access: No Interior Steps
  • Entry Location: Foyer
  • List Price per Sq Ft: 232.39
  • Lp Sp Ratio: 0.9278
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley
  • Year Built: 1977
  • Listing I D: 215024266
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Member Fax: (760) 285-2073
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Member Fax: (760) 285-2073
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Exhaust Fan, Microwave Oven, Electric Oven, Gas Cooktop, Water Line to Refrigerator, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Plaster Walls
  • Range Hood: Yes
  • Flooring: Carpet, Tile
  • Bedroom Features: Dressing Area, Master Suite
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Room, Formal Dining Room
  • Kitchen Features: Tile Counters
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 2087.00

Exterior Features

  • Roofing: Asphalt, Shingle
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 630073001
  • Irrigation: Sprinkler Timer
  • Lot Acres: 0.3000
  • Lot Description: Back Yard, Street Paved, Landscaped, Front Yard, Fenced
  • Lot Size: 13068.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

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
213
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
9.84%

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
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 Type Sale Price Title Company
Grant Deed $1,000,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $495,000 First American Title Company
Grant Deed $450,000 Orange Coast Title Co
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Lawyers Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $675,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Previous Owner $282,500 Purchase Money Mortgage
Previous Owner $280,000 Purchase Money Mortgage
Previous Owner $262,500 Unknown
Previous Owner $225,000 Unknown
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 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 $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 Desert Association of REALTORS®

MLS Number: 215024266

California Desert Association of REALTORS®

APN: 630-073-001