NOT LISTED FOR SALE

73258 Bursera Way Palm Desert, CA 92260

South Palm Desert Neighborhood

Estimated Value: $1,096,000 - $1,630,273

4 Beds
4 Baths
3,982 Sq Ft
$362/Sq Ft Est. Value

About This Home

This home is an elegant & private estate like residence located on a oversized corner view lot in the highly desired area of South Palm Desert just minutes from the famous El Paseo district. Enter through the double doors to find true pride in ownership everywhere you turn. Spacious formal living rooms and dining room share a fireplace with family room and breakfast area, over looking an expansive backyard with a large pebbled lines lap pool and spa, huge patios, side yard with fruit trees and plenty of grass for your kids or pets. Custom chef's kitchen with butler's pantry & prep area is a dream come true with both professional gas stove/over and electric induction cooktop, three dishwashers, butlers area and opens to the breakfast nook. Spacious master suite with stunning remodeled bath and huge walk-in closet has direct access to the backyard, pool and spa and is completely private from the other three bedrooms, two of which have own baths. Lease option available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2020
Sold by
Bastar Patrick and The Patrick Bastar Trust
Bought by
Weisman Stephanie L and Weisman Jordan T
Current Estimated Value
$1,442,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,000
Outstanding Balance
$632,376
Interest Rate
3%
Estimated Equity
$893,676

Purchase Details

Closed on
Oct 22, 2010
Sold by
Bastar Patrick
Bought by
Bastar Patrick and Patrick Bastar Trust

Purchase Details

Closed on
Jun 18, 2004
Sold by
Tolbert Jerry and Tolbert Lois
Bought by
Bastar Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1999
Sold by
Lyon Lorraine
Bought by
Tolbert Jerry and Tolbert Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.94%
Mortgage Type
Stand Alone First

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Weisman Stephanie L $940,000 Chicago Title Company
Bastar Patrick -- None Available
Bastar Patrick $733,500 Orange Coast Title Co
Tolbert Jerry $475,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weisman Stephanie L $705,000
Previous Owner Bastar Patrick $493,000
Previous Owner Bastar Patrick $493,500
Previous Owner Tolbert Jerry $575,000
Previous Owner Tolbert Jerry $35,000
Previous Owner Tolbert Jerry $380,000
Previous Owner Lyon Lorraine $150,000
Previous Owner Lyon Lorraine $386,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Rented $4,300 0.0% --
11/04/2016 11/04/16 Price Changed $4,300 -4.4% $1 / Sq Ft
10/25/2016 10/25/16 Price Changed $4,500 -5.3% $1 / Sq Ft
10/14/2016 10/14/16 For Rent $4,750 +20.3% --
05/31/2016 05/31/16 Rented $3,950 0.0% --
04/25/2016 04/25/16 For Rent $3,950 -- --

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 $14,491 $977,976 $78,030 $899,946
2022 $12,440 $958,800 $76,500 $882,300
2021 $12,147 $940,000 $75,000 $865,000
2020 $11,815 $934,865 $233,710 $701,155
2019 $11,590 $916,535 $229,128 $687,407
2018 $11,370 $898,565 $224,636 $673,929
2017 $11,136 $880,947 $220,232 $660,715
2016 $10,660 $847,000 $212,000 $635,000
2015 $10,551 $823,000 $206,000 $617,000
2014 $9,002 $707,000 $177,000 $530,000
Source: Public Records

Agents Affiliated with this Home

  • Steve Mogavero

    Seller's Agent in 2016

    Steve Mogavero

    Desert Properties of Coachella Valley

    (760) 848-8088

    9 in this area

    59 Total Sales

    Steve Mogavero
    Section Image

  • O

    Buyer's Agent in 2016

    Out Side Agent

    Desert Real Estate Consultants, Inc.

See All Agents

Map

California Riverside County Palm Desert 92260 South Palm Desert

73258 Bursera Way, Palm Desert, CA

Homes for Sale in Palm Desert, CA

This home is located at 73258 Bursera Way, Palm Desert, CA 92260 and is currently estimated at $1,442,318, approximately $362 per square foot. 73258 Bursera Way 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.

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