73330 Riata Trail Palm Desert, CA 92260
Estimated Value: $1,604,000 - $2,313,000
3
Beds
5
Baths
4,335
Sq Ft
$474/Sq Ft
Est. Value
Highlights
- Tennis Courts
- Heated In Ground Pool
- Panoramic View
- Palm Desert High School Rated A
- Gourmet Kitchen
- Contemporary Architecture
About This Home
As of May 2019Riata Trail | Situated on just under 1 Acre in sought after S. Palm Desert, just minutes from downtown, this Tennis Estate offers so much to the Desert Resort Lifestyle seeker. Large Circular driveway, Impressive double door entry, expansive functional and tastefully updated Contemporary design. Sliding walls of glass bring outside resort lifestyle living in filling interior spaces with natural light. With both formal and informal spaces this home continues to flow seamlessly. Relax by a fire in your spacious family room and watch a movie or entertain friends at the wet-bar overlooking pool & tennis. Spacious cooks-kitchen with lots of cabinetry and quality appliances. Spacious master suite wing overlooking pool, lavish bath w/steam shower-multiple heads, deep Japanese soaking tub and double walk-in closets. Two designer Guest suites, one extra private and spacious. Plus an over-sized 3-Car Garage, NEW - HVAC, Water Heaters and Roof make this offering, one heck of a deal!
Last Agent to Sell the Property
Desert Sotheby's International Realty License #01341384 Listed on: 03/07/2019
Last Buyer's Agent
David Kibbey
Coldwell Banker Residential Brokerage
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,137
Year Built
- Built in 1987
Lot Details
- 0.85 Acre Lot
- Block Wall Fence
- Drip System Landscaping
- Sprinklers on Timer
HOA Fees
- $13 Monthly HOA Fees
Property Views
- Panoramic
- Mountain
Home Design
- Contemporary Architecture
Interior Spaces
- 4,335 Sq Ft Home
- 2-Story Property
- Gas Log Fireplace
- Double Door Entry
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Area
- Travertine
Kitchen
- Gourmet Kitchen
- Electric Oven
- Gas Cooktop
- Range Hood
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
Parking
- 3 Car Attached Garage
- Circular Driveway
Pool
- Heated In Ground Pool
- Heated Spa
- Outdoor Pool
- Saltwater Pool
- Gunite Spa
Outdoor Features
- Tennis Courts
- Built-In Barbecue
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Property is located within a water district
- Central Water Heater
- Cable TV Available
Community Details
- Silver Spur Ranch Subdivision
Listing and Financial Details
- Assessor Parcel Number 655051004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 5, 2020
Sold by
Greenberg Louis and Martin Greenberg Tana
Bought by
Greenberg Louis B and Greenberg Tana Martin
Total Days on Market
48
Current Estimated Value
Purchase Details
Listed on
Mar 7, 2019
Closed on
May 4, 2019
Sold by
Lucas Robert J and Lucas Rebecca A
Bought by
Greenberg Louis and Martin Greenberg Tana
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
David Kibbey
Coldwell Banker Residential Brokerage
List Price
$1,369,000
Sold Price
$1,300,000
Premium/Discount to List
-$69,000
-5.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Purchase Details
Closed on
May 21, 2008
Sold by
Dandurand John and Dandurand Margaret
Bought by
Lucas Robert J and Lucas Rebecca A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 14, 2007
Sold by
Dandurand John and Dandurand Margaret
Bought by
Dandurand John and Dandurand Margaret
Purchase Details
Closed on
Aug 18, 2006
Sold by
Sherman Lisa Robyn and Sherman Tina Susan
Bought by
Dandurand John and Dandurand Margie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.51%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 18, 2006
Sold by
Union Bank Of California Na
Bought by
Sherman Lisa Robyn and Sherman Tina Susan
Purchase Details
Closed on
Aug 23, 2004
Sold by
Sherman Gerald
Bought by
Sherman Gerald and The Gerald Sherman Revocable Trust
Purchase Details
Closed on
Oct 10, 1996
Sold by
Sherman Gerald
Bought by
Sherman Gerald and The Gerald Sherman Revocable Trust
Purchase Details
Closed on
Dec 23, 1993
Sold by
Sherman Esther
Bought by
Sherman Gerald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.2%
Purchase Details
Closed on
Dec 20, 1993
Sold by
Lipscomb Lee G
Bought by
Sherman Gerald
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.2%
Similar Homes in Palm Desert, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Greenberg Louis B | -- | None Available | |
| Greenberg Louis | $1,300,000 | Lawyers Title | |
| Lucas Robert J | $1,240,000 | Stewart Title | |
| Dandurand John | -- | Lawyers Title | |
| Dandurand John | $1,300,000 | Orange Coast Title Co | |
| Sherman Todd Adam | -- | Orange Coast Title Co | |
| Sherman Lisa Robyn | -- | Orange Coast Title Co | |
| Sherman Lisa Robyn | -- | None Available | |
| Sherman Gerald | -- | -- | |
| Sherman Gerald | -- | -- | |
| Sherman Gerald | -- | Fidelity National Title Ins | |
| Sherman Gerald | $740,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lucas Robert J | $150,000 | |
| Previous Owner | Lucas Robert J | $573,200 | |
| Previous Owner | Lucas Robert J | $225,000 | |
| Previous Owner | Lucas Rebecca A | $573,000 | |
| Previous Owner | Lucas Rebecca A | $541,000 | |
| Previous Owner | Lucas Robert J | $524,000 | |
| Previous Owner | Lucas Robert J | $417,000 | |
| Previous Owner | Dandurand John | $500,000 | |
| Previous Owner | Sherman Gerald | $328,000 | |
| Previous Owner | Sherman Gerald | $350,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2019 05/23/19 | Sold | $1,300,000 | -5.0% | $300 / Sq Ft |
| 04/24/2019 04/24/19 | Pending | -- | -- | -- |
| 03/07/2019 03/07/19 | For Sale | $1,369,000 | -- | $316 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $18,137 | $1,393,860 | $32,165 | $1,361,695 |
| 2022 | $17,317 | $1,366,531 | $31,535 | $1,334,996 |
| 2021 | $16,962 | $1,339,737 | $30,917 | $1,308,820 |
| 2020 | $16,646 | $1,326,000 | $30,600 | $1,295,400 |
| 2019 | $16,543 | $1,317,680 | $468,000 | $849,680 |
| 2018 | $15,928 | $1,267,000 | $450,000 | $817,000 |
| 2017 | $15,855 | $1,263,000 | $448,000 | $815,000 |
| 2016 | $15,763 | $1,263,000 | $448,000 | $815,000 |
| 2015 | $14,044 | $1,283,000 | $455,000 | $828,000 |
| 2014 | $16,178 | $1,282,000 | $455,000 | $827,000 |
Source: Public Records
Agents Affiliated with this Home
-
David Kibbey
Seller's Agent in 2019
David Kibbey
Desert Sotheby's International Realty
(760) 774-0105
129 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219008463
APN: 655-051-004
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