NOT LISTED FOR SALE

73659 Picasso Dr Palm Desert, CA 92211

Estimated Value: $773,000 - $958,000

4 Beds
4 Baths
2,917 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $504,000 $173 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,571/month

56 Days on Market

Highlights

  • Guest House
  • Peek-A-Boo Views
  • Outdoor Fireplace
  • Gated Community
  • Retreat
  • Granite Countertops

About This Home

As of June 2019

Major price reduction ! Stunning 4BR+Den/3.5BA (incl.casita) home is situated on a 11,326+ sq.ft. pool-sized lot. Stacked stone accents & private courtyard lead you to a lovely detached casita. This impressive home features approx. 2,917 sq. ft. of living space, chef's kitchen w/ premium appliances, granite counters, island w/ breakfast bar, butler's pantry, rich cabinetry & formal dining room are just the beginning. A luxury master retreat offers an en suite bath w/ dual vanities, soaking tub, walk-in closet & views of the beautifully manicured backyard. 2 Guest bedrooms w/ a Jack & Jill bathroom. Den can be utilized as an additional guest room or office. Enjoy your days in your south facing backyard or gather near the outdoor fireplace & revel in views of your expansive outdoor space & colourful landscape. There is plenty of room for a pool . Located close to shopping, Freeway and Eisenhower medical center. Low HOA and the great location make this community so sought after.

Last Agent to Sell the Property

Svenja Bielefeld

Bennion Deville Homes License #01981250 Listed on: 03/20/2019

Last Buyer's Agent

Bahareh Kamoei

BBS Brokers Realty License #01873752

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,170

Year Built

  • Built in 2014

Lot Details

  • 0.26 Acre Lot
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $163 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,917 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Peek-A-Boo Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Walk-In Closet
  • Jack-and-Jill Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Driveway

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Outdoor Fireplace
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 694260031

Community Details

Overview

  • Association fees include cable TV
  • The Gallery Subdivision

Amenities

  • Community Mailbox

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,170

Year Built

Built in 2014

Lot Details

0

HOA Fees

$163 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: One
  • Builders Tract Code: The Gallery
  • Building Number Of Stories: 2
  • Included In Sale: appliances, washer, dryer
  • List Price per Sq Ft: 176.52
  • Lp Sp Ratio: 0.9788
  • View Type: Peek-A-Boo
  • Year Built: 2014
  • Listing I D: 219009275
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Selling Member Fax: (760) 406-9883
  • Selling Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Land Type: Fee
  • Subdivision: The Gallery
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Electric Oven, Exhaust Fan, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Exterior, Living Room
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Dual Entry-Jack & Jill
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Eating Areas: Kitchen Island
  • Kitchen Features: Island, Granite Slab Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2917.00
  • Windows Treatments: Double Pane Windows, Blinds

Exterior Features

  • Construction: Stucco
  • Other Structures: Guest House/Casita
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 163.00
  • Total Monthly Association Fees: 163.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 694260031
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2600
  • Lot Size: 11326.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 18, 2019
Sold by
Mahaney Ronald J and Mahaney Angela O
Bought by
Lopez Mario R and Lopez Gomez Alicia
Seller's Agent
Svenja Bielefeld
Bennion Deville Homes
Buyer's Agent
Bahareh Kamoei
BBS Brokers Realty
List Price
$529,000
Sold Price
$504,000
Premium/Discount to List
-$25,000
-4.73%
Current Estimated Value
$871,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,125
Avg. Annual Appreciation
8.96%
Original Mortgage
$354,000
Outstanding Balance
$310,605
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$560,520

Purchase Details

Closed on
Oct 28, 2014
Sold by
D R Horton Los Angeles Holding Company I
Bought by
Mahaney Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,900
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2013
Sold by
Ponderosa Homes Ii Inc
Bought by
D R Horton Los Angeles Holding Company I
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
Lopez Mario R $504,000 First American Title Company
Mahaney Family Revocable Trust $460,000 First American Title Company
D R Horton Los Angeles Holding Company I $5,623,500 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Mario R $354,000
Previous Owner Mahaney Family Revocable Trust $209,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $504,000 -2.1% $173 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $514,900 -2.7% $177 / Sq Ft
03/20/2019 03/20/19 For Sale $529,000 -- $181 / 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 $10,170 $647,856 $97,605 $550,251
2023 $10,170 $622,701 $93,816 $528,885
2022 $8,931 $529,792 $91,977 $437,815
2021 $8,732 $519,405 $90,174 $429,231
2020 $8,664 $514,080 $89,250 $424,830
2019 $8,439 $495,597 $123,897 $371,700
2018 $8,357 $485,880 $121,469 $364,411
2017 $8,242 $476,354 $119,088 $357,266
2016 $8,057 $467,014 $116,753 $350,261
2015 $7,830 $460,000 $115,000 $345,000
2014 $2,934 $64,089 $64,089 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219009275

California Desert Association of REALTORS®

APN: 694-260-031