NOT LISTED FOR SALE

73435 Catalina Way Palm Desert, CA 92260

Palma Village Groves Neighborhood

Estimated Value: $481,000 - $572,000

3 Beds
2 Baths
1,588 Sq Ft
$339/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $439,000 $276 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,380/month

63 Days on Market

Highlights

  • Mountain View
  • Secondary bathroom tub or shower combo
  • Covered Patio or Porch
  • Palm Desert High School Rated A
  • Great Room with Fireplace
  • Ceramic Countertops

About This Home

As of August 2021

An excellent investment opportunity of residential real estate and business income potential. This is a Sober Living home that has been in operation in central Palm Desert for over 10 years. This business has good potential for income growth now that COVID restrictions are ending. The Coachella Valley is a strong recovery treatment area and this home is part of that Community of Recovery network. All lead sources, operating parameters and on-site management are in place and well established .''House of gratitude'' provides transitional housing for adult males exiting local addiction recovery centers. This home is also available for sale as a Single Family Residential home. The home is 5 lots away from The City of Palm Desert's transformation of San Pablo Ave. into a key artery of a revitalized city center where walking, biking, and fun is the focus. Traffic lanes were reduced to allow for improved bikeway facilities, enhanced pedestrian accommodations, new landscaping, beautification of existing community gardens, on-street parking, and a roundabout intersection at San Gorgonio Way. The home is also only 3 blocks away from Palm Desert City Park, with a golf driving range, Olympic size pool, tennis courts, ball fields, volleyball and basketball courts, outdoor concert amphitheater and more, along with The College of the Desert.Appointments only with proof of Funds and Pre qualified letters required.

Last Agent to Sell the Property

Jon McGihon

Bennion Deville Homes License #00974798 Listed on: 06/02/2021

Bennion Deville Homes

Last Buyer's Agent

Raquel Davalos

RE/MAX Consultants

RE/MAX Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1978

Lot Details

  • 7,405 Sq Ft Lot
  • Home has North and South Exposure
  • Property is zoned R-2

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Drapes & Rods
  • Great Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Oven
  • Gas Range
  • Ceramic Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Listing and Financial Details

  • The owner pays for electricity, water, gas
  • Assessor Parcel Number 627052013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,267

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 1
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All current furniture and appliances. Fictitious Business Name, Logos, Telephone numbers, Website, Goodwill
  • List Price per Sq Ft: 276.45
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1978
  • Internal Listing I D: 20210531205306552203000000
  • Listing I D: 219063004
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Selling Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Selling Office Fax: (760) 841-0917
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Washer, Gas Oven, Gas Range
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Number Of Disposals: 1
  • Number of Ranges: 1
  • Fireplace Features: Gas & Wood
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Bathroom Features: Shower & Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Ceramic Counters, Tile Counters
  • Laundry Equipment: Own
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1588.00
  • Windows Treatments: Drapes

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Tile
  • Foundation: Slab
  • Patio: Concrete Slab, Covered
  • View: Yes
  • Numberof Patios: 1

Garage/Parking

  • Parking: Garage Door Opener
  • Parking Info Total Garage Spaces: 2.00
  • Parking Info Total Parking Spaces: 2.00

Utilities

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

Lot Info

  • Assessor Parcel Number: 627052013
  • Lot Size: 7405.00

Rental Info

  • Owner Pays: Electricity, Water, Gas
  • Land Lease Type: Fee Simple

Multi Family

  • Rent Control: Yes
  • Total Fireplaces: 1
  • Number Of Dishwashers: 1
  • Number Of Refrigerators: 1
  • Number Of Rented Garages: 1
  • Total Units: 1

Tax Info

  • Annual Tax: 4267.00
  • Tax Year: 2020

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 12, 2021
Sold by
Gonzalez Sandra Yollbeth Rios
Bought by
Arguera Jose R
Seller's Agent
Jon McGihon
Bennion Deville Homes
Buyer's Agent
Raquel Davalos
RE/MAX Consultants
List Price
$439,000
Sold Price
$439,000
Current Estimated Value
$538,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,119
Avg. Annual Appreciation
5.03%
Original Mortgage
$395,100
Outstanding Balance
$360,568
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$177,551

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jun 24, 2021
Sold by
Jesse Family Trust and Jesse James
Bought by
Arguera Jose and Cruz Erlinda B
Seller's Agent
Jon McGihon
Bennion Deville Homes
Buyer's Agent
Raquel Davalos
RE/MAX Consultants
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,100
Outstanding Balance
$360,568
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$177,551

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jul 7, 2015
Sold by
Gibson Catherine
Bought by
Gibson Matthew
Seller's Agent
Robert Lewallen
Robert Lewallen, Broker
Buyer's Agent
Delaney Dabney-Hammons
Keller Williams Realty
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jul 6, 2015
Sold by
Gibson Matthew D
Bought by
Jesse James and Jesse Family Trust
Seller's Agent
Robert Lewallen
Robert Lewallen, Broker
Buyer's Agent
Delaney Dabney-Hammons
Keller Williams Realty
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%

Purchase Details

Closed on
Sep 5, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gibson Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2009
Sold by
Santos Jaime L and Santos Celina
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 10, 2006
Sold by
Cook Kenneth G and Cook Kimberly N
Bought by
Santos Jaime L and Santos Celina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2002
Sold by
Goldman Ginger
Bought by
Cook Kenneth G and Cook Kimberly N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.5%

Purchase Details

Closed on
Jan 2, 1995
Sold by
Brooks Kathryn S
Bought by
Goldman Ginger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.48%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Arguera Jose R -- Orange Coast Title Company
Cruz Erllnda B -- Orange Coast Title Company
Arguera Jose $439,000 Orange Coast Title
Arguera Jose R $439,000 Orange Coast Title Company
Gibson Matthew -- Orange Coast Title Company
Jesse James $285,000 Orange Coast Title Company
Gibson Matthew D $135,000 Ticor Title
Federal Home Loan Mortgage Corporation $165,067 Accommodation
Santos Jaime L $344,000 First American Title Company
Cook Kenneth G $63,090 Chicago Title Co
Goldman Ginger $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arguera Jose R $395,100
Closed Arguera Jose R $395,100
Previous Owner Gibson Matthew D $135,000
Previous Owner Santos Jaime L $275,200
Previous Owner Cook Kenneth G $100,000
Previous Owner Goldman Ginger $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $439,000 0.0% $276 / Sq Ft
06/02/2021 06/02/21 For Sale $439,000 +54.0% $276 / Sq Ft
07/15/2015 07/15/15 Sold $285,000 -4.7% $179 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $299,000 -- $188 / 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 $6,321 $465,869 $84,896 $380,973
2023 $6,321 $447,780 $81,600 $366,180
2022 $5,960 $439,000 $80,000 $359,000
2021 $4,341 $311,684 $77,920 $233,764
2020 $4,268 $308,490 $77,122 $231,368
2019 $4,191 $302,442 $75,610 $226,832
2018 $4,116 $296,513 $74,128 $222,385
2017 $4,034 $290,700 $72,675 $218,025
2016 $3,937 $285,000 $71,250 $213,750
2015 $2,185 $144,988 $42,959 $102,029
2014 -- $142,150 $42,118 $100,032
Source: Public Records

Agents Affiliated with this Home

  • Jon McGihon

    Seller's Agent in 2021

    Jon McGihon

    Bennion Deville Homes

    (760) 861-0350

    2 in this area

    48 Total Sales

    Jon McGihon
    Section Image

  • R

    Buyer's Agent in 2021

    Raquel Davalos

    RE/MAX

    Section Image
  • Robert Lewallen

    Seller's Agent in 2015

    Robert Lewallen

    Robert Lewallen, Broker

    (760) 861-3614

    1 in this area

    31 Total Sales

    Robert Lewallen
    Section Image

  • D

    Buyer's Agent in 2015

    Delaney Dabney-Hammons

    Keller Williams Realty

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219063004

California Desert Association of REALTORS®

APN: 627-052-013

California Riverside County Palm Desert 92260 Palma Village Groves

73435 Catalina Way, Palm Desert, CA

This home is located at 73435 Catalina Way, Palm Desert, CA 92260 since 02 June 2021 and is currently estimated at $538,119, approximately $338 per square foot. This property was built in 1978. 73435 Catalina Way 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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