NOT LISTED FOR SALE

73708 Picasso Dr Palm Desert, CA 92211

Estimated Value: $683,000 - $906,000

3 Beds
2.5 Baths
2,529 Sq Ft
$311/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $422,735 $167 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,029/month

22 Days on Market

Highlights

  • Gated Community
  • Ranch Style House
  • Great Room with Fireplace
  • Mountain View
  • High Ceiling
  • Granite Countertops

About This Home

As of April 2014

New Home with Scenic Mountain Views. Embrace the casual elegance of extraordinary desert living at Expressions for an inspired and enriching lifestyle. Beautifully designed single story homes in a prime Palm Desert location minutes from trendsetting shopping and resturants. Within the exclusive gated community, 3-4 bedroom residences boast contemporay architecture with plenty of options to create the ultimate home rich with style and comfort.

Last Agent to Sell the Property

Paul Parkinson

D.R. Horton, Inc License #01836399 Listed on: 12/28/2013

Last Buyer's Agent

Loan Ly

HK Lane Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,790

Lot Details

  • 9,200 Sq Ft Lot
  • Block Wall Fence
  • Drip System Landscaping

HOA Fees

  • $161 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Desert

Home Design

  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 2,529 Sq Ft Home
  • High Ceiling
  • Gas Log Fireplace
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • Walk-In Closet
  • Powder Room

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Appliances
  • Energy-Efficient Construction

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number NEW OR UNDER CONSTRUCTION

Community Details

Overview

  • Association fees include cable TV
  • Built by D. R. Horton
  • The Gallery Subdivision, Residence 1 Lot 9 Floorplan

Additional Features

  • Community Mailbox
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,790

Lot Details

0

HOA Fees

$161 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builder Model Name: Residence 1 lot 9
  • Builder Name: D. R. Horton
  • Builders Tract Code: The Gallery
  • Building Style: Ranch
  • List Price per Sq Ft: 170.81
  • Lp Sp Ratio: 0.9786
  • View Type: Desert, Mountain(s)
  • Listing I D: 213008336
  • Listing Member Address: 2280 Wardlow Circle, Ste 100, Corona, CA 92880
  • Listing Member Fax: (800) 280-7094
  • Listing Office Address: 2280 Wardlow Circle, Ste 100, Corona, CA 92880
  • Listing Office Fax: (951) 272-9797
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: The Gallery
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Linen Closet, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Kitchen Island, Formal Dining Room
  • Kitchen Features: Granite Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 2529.00

Exterior Features

  • Construction: Stucco
  • Other Features: Energy Efficient
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating Fuel: Natural Gas
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • HOA Information: Yes
  • HOA Fee 1: 161.00
  • Total Monthly Association Fees: 161.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: NEW OR UNDER CONSTRUCTION
  • Irrigation: Drip System
  • Lot Acres: 0.2100
  • Lot Size: 9200.00

Green Features

  • Green Energy Efficient: Appliances
  • Green Features: Yes

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2013
Closed on
Mar 18, 2014
Sold by
D R Horton Los Angeles Holding Company I
Bought by
Lam Phi Q
Seller's Agent
Paul Parkinson
D.R. Horton, Inc
Buyer's Agent
Loan Ly
HK Lane Real Estate
List Price
$431,990
Sold Price
$422,735
Premium/Discount to List
-$9,255
-2.14%
Current Estimated Value
$786,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,404
Avg. Annual Appreciation
5.52%
Original Mortgage
$380,461
Outstanding Balance
$288,157
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$497,982

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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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
Lam Phi Q $423,000 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 Lam Phi Q $380,461
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2014 04/17/14 Sold $422,735 -2.1% $167 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
12/28/2013 12/28/13 For Sale $431,990 -- $171 / 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 $8,790 $518,200 $129,545 $388,655
2023 $8,790 $498,079 $124,515 $373,564
2022 $8,423 $488,314 $122,074 $366,240
2021 $8,213 $478,740 $119,681 $359,059
2020 $8,184 $473,832 $118,454 $355,378
2019 $8,062 $464,542 $116,132 $348,410
2018 $7,945 $455,434 $113,855 $341,579
2017 $7,901 $446,505 $111,623 $334,882
2016 $7,689 $437,751 $109,435 $328,316
2015 $7,307 $431,179 $107,793 $323,386
2014 $4,186 $171,076 $65,076 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 213008336

California Desert Association of REALTORS®

APN: 694-260-057