NOT LISTED FOR SALE

73350 Riata Trail Palm Desert, CA 92260

Estimated Value: $2,231,000 - $2,773,000

5 Beds
3 Baths
4,400 Sq Ft
$577/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $2,435,000 $553 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $16,181/month

129 Days on Market

Highlights

  • Golf Course Community
  • Private Pool
  • Solar Power System
  • Palm Desert High School Rated A
  • Sauna
  • Panoramic View

About This Home

As of April 2022

One of a kind South Palm Desert tennis estate. Truly a rare opportunity to own a massive piece of property featuring a full size tennis court, pool and spa, turf putting green and endless space to entertain or simply relax. Located in the heart of the Coachella Valley, this property is positioned minutes away from the top golf clubs, restaurants, shops, and hiking trails the desert has to offer. It's also conveniently located in the middle of the valley, making trips to Palm Springs or La Quinta just a short drive away. Brand new upgrades to flooring, bathrooms, and solar! Get ready to experience what it's like to feel like you're on vacation everyday, this is it!

Last Agent to Sell the Property

Carl Segal

KELLER WILLIAMS-LA QUINTA License #01943154 Listed on: 10/19/2021

KELLER WILLIAMS-LA QUINTA

Last Buyer's Agent

Luca Volpe

Realty Trust License #02037333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,749

Year Built

  • Built in 1980

Lot Details

  • 0.79 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R120M

Parking

  • 2 Car Attached Garage

Property Views

  • Panoramic
  • Mountain
  • Desert

Home Design

  • Tile Roof

Interior Spaces

  • 4,400 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Door Entry
  • Family Room
  • Dining Room
  • Sauna
  • Kitchen Island
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

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

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 6613
  • Assessor Parcel Number 655051003
  • $539 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community
  • Valley

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,749

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: R120M
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 655051003
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4400.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 553.41
  • Room Type: Family Room, Formal Entry, Sauna
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • View: Desert, Mountain(s), Panoramic
  • Fence: No
  • Pool Features: Private
  • Pool Private: Yes
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Golf, Hiking, Mountainous, Suburban, Valley

Schools

  • School District: Desert Sands Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 34412.00
  • Lot Size Acres: 0.7900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34412.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 451.14
  • Tax Lot: 56
  • Tax Tract Number: 6613
  • TaxOtherAnnualAssessmentAmount: 539.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2002
Sold by
Nowlan Thomas E
Bought by
Nowlan Thomas E
Current Estimated Value
$2,540,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Nowlan Thomas
Bought by
Nowlan Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2000
Sold by
Edwin Nowlan Thomas
Bought by
Nowlan Thomas E
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
Nowlan Thomas E -- --
Nowlan Thomas E -- Chicago Title Co
Nowlan Thomas -- Chicago Title Co
Nowlan Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nowlan Thomas E $417,000
Closed Nowlan Thomas E $417,000
Closed Nowlan Thomas E $333,700
Closed Nowlan Thomas E $481,000
Closed Nowlan Thomas $511,000
Closed Nowlan Thomas Edwin $568,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $2,435,000 -12.9% $553 / Sq Ft
02/13/2022 02/13/22 Price Changed $2,795,000 -3.5% $635 / Sq Ft
10/19/2021 10/19/21 For Sale $2,895,000 -- $658 / 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
2025 $31,749 $2,584,041 $31,836 $2,552,205
2023 $31,749 $2,483,700 $30,600 $2,453,100
2022 $17,855 $1,410,433 $333,257 $1,077,176
2021 $17,471 $1,382,778 $326,723 $1,056,055
2020 $17,146 $1,368,600 $323,373 $1,045,227
2019 $16,819 $1,341,766 $317,033 $1,024,733
2018 $16,500 $1,315,458 $310,817 $1,004,641
2017 $16,163 $1,289,666 $304,723 $984,943
2016 $15,765 $1,264,380 $298,749 $965,631
2015 $15,818 $1,245,389 $294,262 $951,127
2014 $15,426 $1,220,996 $288,499 $932,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV21229528

California Regional Multiple Listing Service (CRMLS)

APN: 655-051-003