NOT LISTED FOR SALE

73820 Shadow Mountain Dr Palm Desert, CA 92260

South Palm Desert Neighborhood
-- Bed
12 Baths
26,000 Sq Ft
1.83 Acres

Last Sold July 09, 2013

Last sale price $3,000,000 $115 Per Sq Ft

29 Days on Market

Highlights

  • Heated In Ground Pool
  • 79,715 Sq Ft lot
  • Central Heating and Cooling System
  • Palm Desert High School Rated A

About This Home

As of July 2013

26 Units, two buildings, two seperate lots, 52 bedrooms,52 bathrooms, 3 dens, in the heart of Palm Desert just a few steps to the El Paseo shopping district. Each unit has washer/dryer hookups. There are two pools and two barbeque areas. Total parking is 52 spaces one half of which is covered. Please call listing office for appointment. DO NOT DISTURB TENANTS...Thanks Propety tax, insurance, gardening quotes are estimates. Income is based on market rents...Actual rents are below market...Contact listing office...Other APN is 627-273-023

Last Agent to Sell the Property

Peter Murray

Peter Murray & Associates License #00610416 Listed on: 10/30/2012

Last Buyer's Agent

Michael Weitzel

Bennion Deville Homes License #01392253

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 1.83 Acre Lot

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 12 Full Bathrooms
  • 26,000 Sq Ft Home
  • 2-Story Property

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Utilities

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

Listing and Financial Details

  • The owner pays for gardener, pool service
  • Assessor Parcel Number 627273022

Community Details

Overview

  • 26 Units

Building Details

  • Insurance Expense $8,000
  • Trash Expense $4,998
  • Operating Expense $106,490
  • Gross Income $26,300
  • Net Operating Income $199,643

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Price Per Unit: 149807.00
  • Builders Tract Code: NA-323
  • List Price per Sq Ft: 149.81
  • Lp Sp Ratio: 0.7702
  • Water District Name: CVWD
  • Year Built: 1990
  • Internal Listing I D: 20190608184153569943000000
  • Listing I D: 21464047
  • Listing Member Address: 77-564 Country Club, #A101, Palm Desert, CA 92211
  • Listing Member Fax: (760) 772-4264
  • Listing Office Address: 77-564 Country Club, #A101, Palm Desert, CA 92211
  • Listing Office Fax: (760) 404-1428
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9254
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Disposals: 26
  • Number of Ranges: 26
  • Total Bathrooms: 12.00
  • Full Bathrooms: 12
  • Laundry Equipment: Own
  • Estimated Sq Ft: 26000.00

Exterior Features

  • Roofing: Tar/Gravel
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Heated

Utilities

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

Lot Info

  • Assessor Parcel Number: 627273022
  • Lot Description: 2 - 4 Lots
  • Lot Size: 79715.00

Rental Info

  • Owner Pays: Gardener, Pool Service

Multi Family

  • Number Of Dishwashers: 26
  • Total Units: 26

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2013 07/09/13 Sold $3,000,000 -23.0% $115 / Sq Ft
11/28/2012 11/28/12 Pending -- -- --
10/30/2012 10/30/12 For Sale $3,895,000 -- $150 / Sq Ft
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2013

    Peter Murray

    Peter Murray & Associates

    (760) 275-3115

    8 Total Sales

    Peter Murray
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Weitzel

    Bennion Deville Homes

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21464047

California Desert Association of REALTORS®

APN: 627-273-022

California Riverside County Palm Desert 92260 South Palm Desert

73820 Shadow Mountain Dr, Palm Desert, CA

This home is located at 73820 Shadow Mountain Dr, Palm Desert, CA 92260 since 30 October 2012. This property was built in 1990. 73820 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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