NOT LISTED FOR SALE

73868 Desert Garden Trail Palm Desert, CA 92260

Estimated Value: $1,705,000 - $3,460,000

4 Beds
4.5 Baths
4,663 Sq Ft
$600/Sq Ft Est. Value

Last Sold March 16, 2012

Last sale price $2,025,000 $434 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $18,028/month

503 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • Panoramic View
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of March 2012

Price includes $250,000 membership! Incredible deal! What a fantastic home located at one of the Desert's most upscale, stable clubs, The Reserve. In pristine condition, this private sanctuary was recently redecorated by Fedderly and Associates, offering an open floorplan for easy entertaining, and a convenient kitchen with Viking appliances, a center island for casual dining and an abundance of storage. Conspicuously absent from the view are homes across the fairway leaving an uninterrupted view corridor of the sculpted mountains. Your guests will feel at home in the casita with its own separate living/kitchenette area, fireplace, private patio, and walk in closet. This home is offered furnished as seen. The Reserve is a private, equity golf club and all prospective members must go through the approval process.

Last Agent to Sell the Property

Sharon Stein

Desert Homes and Estates License #01216071 Listed on: 10/15/2010

Last Buyer's Agent

Jennie Robinson

Bennion Deville Homes License #01258135

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,844

Year Built

  • Built in 2001

Lot Details

  • 0.43 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • West Facing Home
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $816 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Shingle Roof
  • Tile Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 4,663 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Great Room with Fireplace
  • Dining Area
  • Den
  • Marble Flooring
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Bidet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • Fireplace in Guest House

Listing and Financial Details

  • Assessor Parcel Number 655370007

Community Details

Overview

  • Association fees include cable TV, clubhouse
  • The Reserve Subdivision

Amenities

  • Community Fire Pit
  • Clubhouse

Recreation

  • Golf Course Community

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,844

Year Built

Built in 2001

Lot Details

0

HOA Fees

$816 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Builders Tract Code: The Reserve
  • Building Style: Mediterranean
  • Included In Sale: All furnishings per inventory
  • List Price per Sq Ft: 482.52
  • Lp Sp Ratio: 0.9000
  • View Type: Golf Course, Mountain(s), Panoramic
  • Year Built: 2001
  • Listing I D: 21410946
  • Listing Office Address: 73890 Desert Garden Trail, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1953
  • Selling Office Address: 47-250 Washington St, Ste B, La Quinta Office, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-9686
  • Land Type: Fee
  • Subdivision: The Reserve
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Casita - Guest House, Great Room, Master Bedroom
  • Interior Amenities: Wet Bar
  • Flooring: Marble
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Bidet, Double Vanity(s), Powder Room, Tub With Jets
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 4663.00

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private
  • Roofing: Composition, Shingle, Tile
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Security: 24 Hour Security, Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Clubhouse
  • Association Amenities: Clubhouse, Fire Pit, Golf Course
  • HOA Information: Yes
  • HOA Fee 1: 816.00
  • Total Monthly Association Fees: 816.00

Association/Amenities

  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 655370007
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.4300
  • Lot Location: Cul-De-Sac, On Golf Course
  • Lot Size: 18731.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2010
Closed on
Feb 27, 2012
Sold by
B J Wilmot Llc
Bought by
Polovick Jacquelyn and Scarlett Jeff
Seller's Agent
Sharon Stein
Desert Homes and Estates
Buyer's Agent
Jennie Robinson
Bennion Deville Homes
List Price
$2,500,000
Sold Price
$2,025,000
Premium/Discount to List
-$475,000
-19%
Current Estimated Value
$2,797,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,821
Avg. Annual Appreciation
2.41%

Purchase Details

Closed on
Oct 17, 2008
Sold by
Lunsford W Bruce
Bought by
B J Wilmot Llc

Purchase Details

Closed on
Jul 2, 2003
Sold by
Ministrelli Development Inc
Bought by
Lunsford W Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,000
Interest Rate
5.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 13, 2000
Sold by
Deep Canyon Associates Llc
Bought by
Ministrelli Development Inc

Purchase Details

Closed on
Mar 6, 2000
Sold by
Deep Canyon Associates Llc
Bought by
Ministrelli Development Inc
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
Polovick Jacquelyn -- Fidelity National Title Co
B J Wilmot Llc $2,848,500 Fidelity National Title Co
Lunsford W Bruce $1,895,000 Old Republic Title Company
Ministrelli Development Inc -- First American Title Co
Ministrelli Development Inc $565,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lunsford W Bruce $1,137,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $2,025,000 -10.0% $434 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/16/2012 01/16/12 Price Changed $2,250,000 -3.2% $483 / Sq Ft
10/17/2011 10/17/11 Price Changed $2,325,000 -3.1% $499 / Sq Ft
02/03/2011 02/03/11 Price Changed $2,399,000 -4.0% $514 / Sq Ft
10/15/2010 10/15/10 For Sale $2,500,000 -- $536 / 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 $27,844 $2,041,078 $714,690 $1,326,388
2023 $27,844 $1,961,823 $686,939 $1,274,884
2022 $26,656 $1,923,357 $673,470 $1,249,887
2021 $26,073 $1,885,645 $660,265 $1,225,380
2020 $25,628 $1,866,311 $653,495 $1,212,816
2019 $25,054 $1,829,718 $640,682 $1,189,036
2018 $24,624 $1,793,842 $628,120 $1,165,722
2017 $24,432 $1,758,669 $615,804 $1,142,865
2016 $23,953 $1,724,186 $603,730 $1,120,456
2015 $24,030 $1,698,289 $594,662 $1,103,627
2014 $23,454 $1,665,023 $583,014 $1,082,009
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sharon Stein

    Desert Homes and Estates

  • J

    Buyer's Agent in 2012

    Jennie Robinson

    Bennion Deville Homes

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21410946

California Desert Association of REALTORS®

APN: 655-370-007

California Riverside County Palm Desert 92260

73868 Desert Garden Trail, Palm Desert, CA

This home is located at 73868 Desert Garden Trail, Palm Desert, CA 92260 since 15 October 2010 and is currently estimated at $2,797,821, approximately $600 per square foot. This property was built in 2001. 73868 Desert Garden Trail 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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