NOT LISTED FOR SALE

73485 Shadow Mountain Dr Palm Desert, CA 92260

South Palm Desert Neighborhood

Estimated Value: $387,000 - $1,109,000

2 Beds
2 Baths
1,844 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 11, 2013

Last sale price $265,000 $144 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,446/month

65 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • North Facing Home
  • Palm Desert High School Rated A
  • 1-Story Property

About This Home

As of October 2013

Rare find in South Palm Desert. Duplex on a big lot in an unbelievable location. Built in 1947 and ready for a creative transformation to make this sleepy property a super star. Across the street from the beautiful Gardens Shopping Mall on El Paseo with over 40 upscale stores and a wide variety of dinning and entertainment options. Create an exclusive compound or a Desert Oasis that is just steps away from art galleries, culinary delights and luxury shopping. In an area also known for outstanding schools. If you build it they will come. For so many reasons. Zoned R3, 13,000(3). Call Kevin at City of Palm Desert for details.

Last Agent to Sell the Property

Bonnie Sartain

Bennion Deville Homes License #00979364 Listed on: 08/05/2013

Co-Listed By

Beverly Howard

Bennion Deville Homes License #01895470

Last Buyer's Agent

Robyn Greenspan

RE/MAX Consultants License #01372249

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 1947

Lot Details

  • 0.31 Acre Lot
  • North Facing Home

Property Views

  • Mountain
  • Hills

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Bathrooms
  • Shower Only in Secondary Bathroom

Location

  • Ground Level

Utilities

  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

Listing and Financial Details

  • Assessor Parcel Number 627311003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,055

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: NA-323
  • List Price per Sq Ft: 154.56
  • Lp Sp Ratio: 0.9298
  • Unit Total In Complex: 2
  • View Type: Hills, Mountain(s)
  • Water District Name: CVWater
  • Year Built: 1947
  • Co Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Co Listing Office Fax: (760) 340-9254
  • Listing I D: 21479617
  • Listing Member Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Post Direction: N
  • Selling Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Bedroom Features: All Bedrooms Down, Master Suite
  • Total Bedrooms: 2
  • Bathroom Features: Shower Stall
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 2
  • Estimated Sq Ft: 1844.00

Exterior Features

  • View: Yes

Utilities

  • Cooling Type: Wall/Window Unit(s)
  • Sewer: Connected on Bond
  • Water: Water District
  • Water Heater Feature: Gas

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 627311003
  • Lot Acres: 0.3100
  • Lot Size: 13504.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Guilford Michele
Bought by
Guilford Robert J
Current Estimated Value
$547,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$215,541
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$377,459

Purchase Details

Listed on
Aug 5, 2013
Closed on
Sep 25, 2013
Sold by
Steiger Sharon C and Willis Elizabeth A
Bought by
Danbe Opportunity Fund I
Seller's Agent
Bonnie Sartain
Bennion Deville Homes
Buyer's Agent
Robyn Greenspan
RE/MAX Consultants
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$300,000
Interest Rate
4.49%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Guilford Robert J -- First American Title Company
Bachli Mark E -- First American Title Company
Bachli Mark E -- First American Title Company
Danbe Opportunity Fund I $265,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bachli Mark E $270,000
Previous Owner Danbe Opportunity Fund I $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $265,000 0.0% $144 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $265,000 -- $144 / 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 $5,055 $567,557 $82,125 $485,432
2023 $5,055 $312,229 $78,937 $233,292
2022 $4,700 $306,108 $77,390 $228,718
2021 $4,540 $300,107 $75,873 $224,234
2020 $4,452 $297,031 $75,096 $221,935
2019 $4,378 $291,208 $73,624 $217,584
2018 $4,305 $285,499 $72,182 $213,317
2017 $4,223 $279,902 $70,767 $209,135
2016 $4,129 $68,206 $24,991 $43,215
2015 $1,632 $67,183 $24,616 $42,567
2014 $1,488 $65,869 $24,135 $41,734
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2013

    Bonnie Sartain

    Bennion Deville Homes

  • B

    Seller Co-Listing Agent in 2013

    Beverly Howard

    Bennion Deville Homes

  • R

    Buyer's Agent in 2013

    Robyn Greenspan

    RE/MAX

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21479617

California Desert Association of REALTORS®

APN: 627-311-003

California Riverside County Palm Desert 92260 South Palm Desert

73485 Shadow Mountain Dr, Palm Desert, CA

This home is located at 73485 Shadow Mountain Dr, Palm Desert, CA 92260 since 05 August 2013 and is currently estimated at $687,333, approximately $372 per square foot. This property was built in 1947. 73485 Shadow Mountain Dr 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.

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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