NOT LISTED FOR SALE

73665 Fred Waring Dr Palm Desert, CA 92260

Estimated Value: $1,084,338 - $1,456,000

18 Beds
18 Baths
11,916 Sq Ft
$107/Sq Ft Est. Value

Last Sold February 03, 2016

Last sale price $1,750,000 $147 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $7,965/month

58 Days on Market

About This Home

As of February 2016

9 identical units on 3 separate parcels. Can be sold individually also. Great condition, always rented. Garages, Interior Laundry Hookups. Fantastic location, across from Palm Desert City Hall, City Park, Library, College of the Desert and Palm Desert Sheriffs station.

Last Agent to Sell the Property

Jeannie Niles

Jeannie Niles Real Estate License #00594402 Listed on: 11/04/2015

Last Buyer's Agent

Nathan Bragg

License #01340519

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,043

Year Built

  • Built in 1986

Lot Details

  • 0.87

Parking

  • 9 Car Garage

Home Design

  • 11,916 Sq Ft Home

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 18 Full Bathrooms

Additional Features

  • 0.87 Acre Lot
  • Ground Level

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 627101010

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $2,483
  • Operating Expense $47,244
  • Gross Income $129,600
  • Net Operating Income $75,876

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,043

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground
  • Price Per Unit: 194444.00
  • List Price per Sq Ft: 146.86
  • Lp Sp Ratio: 1.0000
  • Year Built: 1986
  • Internal Listing I D: 20190608184714919944000000
  • Listing I D: 215033328
  • Listing Member Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Address: P.O. Box 317, Palm Desert, CA 92261
  • Listing Office Fax: (760) 340-9069
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 10535 Foothill Blvd. #100, Rancho Cucamonga, CA 91730
  • Selling Member Fax: (800) 628-9765
  • Selling Office Address: 10535 Foothill Blvd. #100, Rancho Cucamonga, CA 91730
  • Selling Office Fax: (800) 628-9765
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Unit Information Number Of Units Leased: 9
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 18
  • Total Bathrooms: 18.00
  • Full Bathrooms: 18
  • Estimated Sq Ft: 11916.00

Garage/Parking

  • Parking Info Total Garage Spaces: 9.00
  • Parking Info Total Parking Spaces: 9.00

Utilities

  • Number Electric Meters: 9
  • Number Water Meters: 3
  • Sewer: In, Connected and Paid
  • Number Gas Meter: 9

Lot Info

  • Assessor Parcel Number: 627101010
  • Lot Size: 37896.00

Rental Info

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

Multi Family

  • Total Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2025
Sold by
Callens Aimee Elizabeth
Bought by
Callens Rene C
Current Estimated Value
$1,269,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,999
Outstanding Balance
$549,525
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$720,060

Purchase Details

Closed on
Aug 13, 2025
Sold by
Henry And Sally Viets Trust and Stern Bonnie Viets
Bought by
Callens Rene C and Callens Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,999
Outstanding Balance
$549,525
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$720,060

Purchase Details

Listed on
Nov 4, 2015
Closed on
Jan 14, 2016
Sold by
Trnd Llc
Bought by
Viets Henry J and Viets Sally J
Seller's Agent
Jeannie Niles
Jeannie Niles Real Estate
Buyer's Agent
Nathan Bragg
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.25%
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2013
Sold by
Alter David L and Alter Colleen M
Bought by
Trnd Llc

Purchase Details

Closed on
May 18, 2013
Sold by
Scp Ii Llc
Bought by
Alter David L and Alter Colleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 29, 2012
Sold by
Wamu Servicing Lp
Bought by
Scp Ii Llc

Purchase Details

Closed on
Dec 20, 2011
Sold by
Warring Properties Llc
Bought by
Wamu Servicing Lp

Purchase Details

Closed on
May 21, 2003
Sold by
The Mueller Family Trust
Bought by
Waring Properties Llc
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
Callens Rene C -- First American Title
Callens Rene C $733,500 First American Title
Viets Henry J $583,500 Fidelity National Title Co
Trnd Llc -- Accommodation
Alter David L -- Ticor Title Redlands
Scp Ii Llc $207,000 Accommodation
Wamu Servicing Lp $553,758 None Available
Waring Properties Llc -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callens Rene C $549,999
Previous Owner Viets Henry J $300,000
Previous Owner Alter David L $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2016 02/03/16 Sold $1,750,000 0.0% $147 / Sq Ft
01/01/2016 01/01/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $1,750,000 -- $147 / 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 $15,043 $1,144,440 $343,332 $801,108
2023 $15,043 $663,730 $199,118 $464,612
2022 $9,103 $650,716 $195,214 $455,502
2021 $8,878 $637,958 $191,387 $446,571
2020 $8,728 $631,417 $189,425 $441,992
2019 $8,578 $619,037 $185,711 $433,326
2018 $8,432 $606,900 $182,070 $424,830
2017 $8,276 $595,000 $178,500 $416,500
2016 $3,694 $218,639 $42,249 $176,390
2015 $3,702 $215,357 $41,615 $173,742
2014 $3,657 $211,140 $40,800 $170,340
Source: Public Records

Agents Affiliated with this Home

  • Jeannie Niles

    Seller's Agent in 2016

    Jeannie Niles

    Jeannie Niles Real Estate

    (760) 574-8456

    17 Total Sales

    Jeannie Niles
    Section Image

  • N

    Buyer's Agent in 2016

    Nathan Bragg

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 215033328

California Desert Association of REALTORS®

APN: 627-101-010

California Riverside County Palm Desert 92260

73665 Fred Waring Dr, Palm Desert, CA

This home is located at 73665 Fred Waring Dr, Palm Desert, CA 92260 since 04 November 2015 and is currently estimated at $1,269,585, approximately $106 per square foot. This property was built in 1986. 73665 Fred Waring 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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