NOT LISTED FOR SALE

73370 Royal Palm Dr Palm Desert, CA 92260

Palma Village Groves Neighborhood

Estimated Value: $518,000 - $667,000

5 Beds
3.5 Baths
2,285 Sq Ft
$265/Sq Ft Est. Value

Last Sold February 08, 2016

Last sale price $322,500 $141 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,696/month

150 Days on Market

Highlights

  • Heated In Ground Pool
  • Living Room with Fireplace
  • Lawn
  • Palm Desert High School Rated A
  • End Unit
  • Views

About This Home

As of February 2016

This duplex consists of 1-3bedroom/2bath unit that is roughly 1400 square feet in size and 1-1bedroom/1.5 bath unit that is roughly 885 square feet in size. Complete with a tile pool, laundry facilities and a great central location. Units are clean, nicely maintained with newer appliances and large back yard. Close to College of the Desert, Town Center Shopping Mall and El Paseo. Easy conversion to legal triplex possible. Please ask for financial statement, rent roll and a miscellaneous list of items and notes.

Last Agent to Sell the Property

Doug Fischer

Coldwell Banker Realty License #01299270 Listed on: 09/04/2015

Coldwell Banker Realty

Co-Listed By

Richard Chamberlin

Coldwell Banker Realty License #01232493

Last Buyer's Agent

Geoff McIntosh

Main Street Realtors License #00966266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • End Unit
  • West Facing Home
  • Fenced
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Lawn
  • Back Yard

Parking

  • 5 Car Parking Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2,285 Sq Ft Home
  • 2-Story Property
  • Brick Fireplace
  • Vertical Blinds
  • Living Room with Fireplace
  • 2 Fireplaces
  • 220 Volts In Laundry
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Heated In Ground Pool
  • Pool Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • The owner pays for gardener, water, pool service
  • Assessor Parcel Number 627081008

Community Details

Recreation

  • Community Pool

Building Details

  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $788
  • Trash Expense $167
  • Operating Expense $8,023
  • Gross Income $25,500
  • Net Operating Income $17,477

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,775

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Orientation Faces: Front Door Faces West
  • Levels: Ground Level, No Unit Above
  • Price Per Unit: 174500.00
  • Building Number Of Stories: 2
  • List Price per Sq Ft: 152.74
  • Lp Sp Ratio: 0.9241
  • Water District Name: CVWD
  • Year Built: 1966
  • Co Listing Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 325-4578
  • Internal Listing I D: 20190608184710659552000000
  • Listing I D: 215025758
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • List Office Board Code: California Desert Association of Realtors
  • Selling Office Address: 69830 Highway 111, Rancho Mirage, CA 92264
  • Selling Office Fax: (562) 438-5560
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Number Of Disposals: 3
  • Number of Ranges: 2
  • Fireplace Features: Brick
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Laundry Equipment: Own
  • Laundry: Community
  • Estimated Sq Ft: 2285.00
  • Windows Treatments: Blinds, Vertical Blinds

Exterior Features

  • Construction: Hard Coat Stucco
  • Roofing: Composition, Shingle
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground, Tile
  • Pool Description: Not Heated
  • Pool Location: Community
  • View: Yes
  • Numberof Patios: 2

Garage/Parking

  • Parking Info Total Parking Spaces: 5.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, In Laundry
  • Number Electric Meters: 2
  • Number Water Meters: 1
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas
  • Number Gas Meter: 3
  • Water Heater: Yes
  • Laundry Type: Yes

Condo/Co-op/Association

  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 627081008
  • Lot Description: Back Yard, Rectangular Lot, Street Public, Street Paved, Lawn, Fenced, Curbs
  • Lot Size: 8712.00

Rental Info

  • Owner Pays: Gardener, Water, Pool Service
  • Tenant Pays: Cable TV, Gas, Electricity
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2
  • Number Of Dishwashers: 2
  • Number Of Refrigerators: 2
  • Total Units: 2

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jan 12, 2016
Sold by
Pejovic George and Pejovic Lidija
Bought by
Tarpinian Sidney and The Sidney Tarpinian Living Trust
Seller's Agent
Doug Fischer
Coldwell Banker Realty
Buyer's Agent
Geoff McIntosh
Main Street Realtors
List Price
$379,000
Sold Price
$322,500
Premium/Discount to List
-$56,500
-14.91%
Current Estimated Value
$606,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,047
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Apr 29, 2009
Sold by
Pejovic George and Pejovic Lidija
Bought by
Pejovic George and Pejovic Lidija

Purchase Details

Closed on
Aug 16, 2007
Sold by
Pejovic Aleksandar and Pejovic Alexander
Bought by
Pejovic George and Pejovic Lidija

Purchase Details

Closed on
Sep 15, 2006
Sold by
Pejovic Danuta
Bought by
Pejovic Alexander and Pejovic George

Purchase Details

Closed on
Jan 24, 2004
Sold by
Pejovic George and Pejovic Danuta
Bought by
Pejovic George and Pejovic Danuta
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
Tarpinian Sidney $322,500 First American Title Company
Pejovic George -- None Available
Pejovic George $190,000 First American Title Company
Pejovic Alexander -- None Available
Pejovic George -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2016 02/08/16 Sold $322,500 -14.9% $141 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $379,000 -- $166 / 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
2025 $5,775 $381,767 $114,824 $266,943
2023 $5,775 $366,944 $110,366 $256,578
2022 $5,392 $359,750 $108,202 $251,548
2021 $5,238 $352,697 $106,081 $246,616
2020 $5,154 $349,082 $104,994 $244,088
2019 $5,067 $342,238 $102,936 $239,302
2018 $4,982 $335,528 $100,918 $234,610
2017 $4,887 $328,950 $98,940 $230,010
2016 $3,898 $249,686 $71,534 $178,152
2015 $3,896 $245,937 $70,460 $175,477
2014 $3,675 $241,122 $69,081 $172,041
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Doug Fischer

    Coldwell Banker Realty

    Section Image

  • R

    Seller Co-Listing Agent in 2016

    Richard Chamberlin

    Coldwell Banker Realty

  • G

    Buyer's Agent in 2016

    Geoff McIntosh

    Main Street Realtors

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215025758

California Desert Association of REALTORS®

APN: 627-081-008

California Riverside County Palm Desert 92260 Palma Village Groves

73370 Royal Palm Dr, Palm Desert, CA

This home is located at 73370 Royal Palm Dr, Palm Desert, CA 92260 since 04 September 2015 and is currently estimated at $606,547, approximately $265 per square foot. This property was built in 1966. 73370 Royal Palm Dr is a home located in Riverside County with nearby schools including Abraham Lincoln Elementary School, La Quinta Middle School, and Palm Desert High 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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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