$300,825
SOLD MAY 30, 2017

73488 Terraza Dr Palm Desert, CA 92260

3 Beds
2.5 Baths
2,430 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

25% Below List Price

71 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Private Yard
  • James Earl Carter Elementary School Rated A-
  • Granite Countertops
  • No HOA

About This Home

As of December 2017

Great area of Palm Desert. Centrally located to shopping, entertainment and the freeway. Home features 3 bedrooms and a bonus room that could easily be a forth bedroom with the addition of a closet. Master suite with soaking tub, large shower and dual sinks. Large living room with dining space.
Kitchen is open to the family room and fireplace. 2 bedrooms and 1 1/2 additional bathrooms opposite side from the master bedroom. Screened in patio off the family room. Pool, spa and a 3 car garage. Mature tropical landscape.

Last Agent to Sell the Property

Virginia Merrick

NON-MEMBER/NBA or BTERM OFFICE License #01186503 Listed on: 02/28/2017

Last Buyer's Agent

JOSE JIMENEZ

CALMEX REALTY License #00544355

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,838

Year Built

  • Built in 1999

Lot Details

  • 8,276 Sq Ft Lot
  • Block Wall Fence
  • Front Yard Sprinklers
  • Private Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Stucco

Interior Spaces

  • 2,430 Sq Ft Home
  • Cathedral Ceiling
  • Double Door Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Tile Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 24254
  • Assessor Parcel Number 622321038

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,838

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 622321038
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2430.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Double Door Entry
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 123.80
  • Room Type: Family Room, Kitchen, Laundry, Master Bedroom
  • Spa Features: In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Screened
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 8276.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 449.29
  • Tax Lot: 9
  • Tax Tract Number: 24254

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
Belongia Lara D
Bought by
Liberman Brian and Ezekiel Angelic F
Current Estimated Value
$743,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,500
Outstanding Balance
$332,509
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$411,347

Purchase Details

Listed on
Sep 26, 2017
Closed on
Nov 7, 2017
Sold by
Alta Vista Housing Solutions Inc
Bought by
Belongia Lara D
Seller's Agent
JOSE JIMENEZ
CALMEX REALTY
Buyer's Agent
Robert Taylor
HomeSmart
List Price
$556,000
Sold Price
$456,000
Premium/Discount to List
-$100,000
-17.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$386,141
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 28, 2017
Closed on
May 15, 2017
Sold by
Wilmington Trust
Bought by
Alta Vista Housing Solutions Inc
Seller's Agent
Virginia Merrick
NON-MEMBER/NBA or BTERM OFFICE
Buyer's Agent
JOSE JIMENEZ
CALMEX REALTY
List Price
$399,900
Sold Price
$300,825
Premium/Discount to List
-$99,075
-24.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.04%
Original Mortgage
$580,200
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2017
Sold by
Garcia Fidel
Bought by
Wilmington Trust National Association and Citibank Na

Purchase Details

Closed on
May 4, 2004
Sold by
Garcia Fidel
Bought by
Garcia Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2002
Sold by
Renbarger Jack L and Frances Renbarger L
Bought by
Garcia Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 3, 1999
Sold by
Sonata Collection Llc
Bought by
Renbarger Jack L and Frances Renbarger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.05%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $532,500 Chicago Title Company
Grant Deed $456,000 Stewart Title Company
Grant Deed $301,000 Title365 Company
Trustee Deed $494,113 Title 365
Interfamily Deed Transfer -- First American Title Co
Grant Deed -- --
Grant Deed $265,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,500 New Conventional
Previous Owner $438,796 FHA
Previous Owner $386,141 FHA
Previous Owner $580,200 New Conventional
Previous Owner $580,200 New Conventional
Previous Owner $501,200 Negative Amortization
Previous Owner $95,000 Credit Line Revolving
Previous Owner $333,000 Negative Amortization
Previous Owner $332,000 New Conventional
Previous Owner $285,000 Seller Take Back
Previous Owner $138,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $456,000 0.0% $188 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
09/29/2017 09/29/17 Price Changed $456,000 -18.0% $188 / Sq Ft
09/26/2017 09/26/17 For Sale $556,000 +84.8% $229 / Sq Ft
05/30/2017 05/30/17 Sold $300,825 -7.4% $124 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
05/01/2017 05/01/17 Price Changed $324,900 -18.8% $134 / Sq Ft
04/14/2017 04/14/17 Price Changed $399,900 0.0% $165 / Sq Ft
04/14/2017 04/14/17 For Sale $399,900 +32.9% $165 / Sq Ft
03/26/2017 03/26/17 Off Market $300,825 -- --
02/28/2017 02/28/17 For Sale $435,500 -- $179 / 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
2023 $7,838 $554,013 $62,424 $491,589
2022 $7,391 $543,150 $61,200 $481,950
2021 $7,223 $532,500 $60,000 $472,500
2020 $6,539 $468,180 $119,646 $348,534
2019 $6,401 $459,000 $117,300 $341,700
2018 $6,283 $450,000 $115,000 $335,000
2017 $5,789 $418,038 $112,302 $305,736
2016 $5,679 $409,842 $110,100 $299,742
2015 $5,593 $403,689 $108,448 $295,241
2014 $5,297 $395,783 $106,325 $289,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW17040383

California Regional Multiple Listing Service (CRMLS)

APN: 622-321-038