NOT LISTED FOR SALE

73875 Shadow Lake Dr Palm Desert, CA 92260

Estimated Value: $1,186,000 - $1,404,808

3 Beds
4 Baths
2,670 Sq Ft
$482/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $1,200,000 $449 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,302/month

66 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • 3 Car Attached Garage
  • Palm Desert High School Rated A
  • Breakfast Room
  • Security System Owned

About This Home

As of April 2023

Located on a highly desirable, quiet street in South Palm Desert, this 3 bedroom, 2 full bath, 2 half baths, single story home built in 2002 is spotless with an open concept floor plan, NO HOA! and is just a short walk to El Paseo and the city center.The pool and spa are south facing with all day sunshine surrounding the beautifully landscaped yard with mountain views and mature fruit trees plus a double wide side gate for potential RV parking. Another plus is the outdoor shower and pool bath.The large primary bedroom boasts an ensuite bathroom and walk-in closet. The master bath has double vanities, separate water closet, large walk-in shower and separate spa bathtub. The two other large guest bedrooms share a full ''Jack & Jill'' bath.With direct access from the garage, the kitchen hosts a center island, stainless steel appliances, gas cooktop, new built-in Kitchen-aid microwave and oven, granite countertops and large breakfast bar. There is an informal eating area adjacent to breakfast bar, as well as a separate dining room that could also be used as an office or den. The separate laundry room is adjacent to the kitchen with direct access to the 3-car garage that offers an abundance of built-in cabinets and overhead storage. The 14.6 kW fully paid solar system was installed in July 2021. Since its installation it has generated more electricity than used. A real win-win situation.

Last Agent to Sell the Property

Susan Eberle

Sue Eberle, Broker License #00875162 Listed on: 02/19/2023

Last Buyer's Agent

Susan Eberle

Sue Eberle, Broker License #00875162 Listed on: 02/19/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,716

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Property Views

  • Mountain
  • Hills
  • Pool

Interior Spaces

  • 2,670 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Security System Owned

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Outdoor Pool
  • Above Ground Spa
  • Gunite Spa

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 627342006

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,716

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 485.02
  • Lp Sp Ratio: 0.9300
  • View Type: Hills, Pool, Mountain(s)
  • Year Built: 2002
  • Listing I D: 219091129
  • Listing Member Address: 4 Shakespeare Ct., Rancho Mirage, CA 92270
  • Listing Office Address: 4 Shakespeare Ct., Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 568-9770
  • Selling Member Address: 4 Shakespeare Ct., Rancho Mirage, CA 92270
  • Selling Office Address: 4 Shakespeare Ct., Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 568-9770
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 2.00
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2670.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Private, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground, Gunite
  • Spa Hot Tub Description: Heated, Private, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Security: Security System Owned
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 627342006
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Size: 14810.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2023
Closed on
Mar 29, 2023
Sold by
Lawrence M Cohen Trust
Bought by
Vahak Dersarkissian And Hranoush Megerdichian
Seller's Agent
Susan Eberle
Sue Eberle, Broker
Buyer's Agent
Susan Eberle
Sue Eberle, Broker
List Price
$1,349,000
Sold Price
$1,200,000
Premium/Discount to List
-$149,000
-11.05%
Views
49
Current Estimated Value
$1,285,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,702
Avg. Annual Appreciation
2.98%
Original Mortgage
$830,000
Outstanding Balance
$802,345
Interest Rate
5.38%
Mortgage Type
New Conventional
Estimated Equity
$483,357

Purchase Details

Closed on
Sep 9, 2005
Sold by
Rose Kevin
Bought by
Cohen Lawrence M and The Lawrence M Cohen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2003
Sold by
Rose William N and Rose Margaret A
Bought by
Rose Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.53%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 9, 2001
Sold by
Jefferson Mary Lou Ludwig
Bought by
Rose William N and Rose Margaret A
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
Vahak Dersarkissian And Hranoush Megerdichian $1,200,000 None Listed On Document
Cohen Lawrence M $810,000 Orange Coast Title Co
Rose Kevin $550,000 First American Title Co
Rose William N $180,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vahak Dersarkissian And Hranoush Megerdichian $830,000
Previous Owner Cohen Lawrence M $346,000
Previous Owner Cohen Lawrence M $550,000
Previous Owner Rose Kevin $440,000
Previous Owner Rose William N $326,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $1,200,000 -7.3% $449 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
03/25/2023 03/25/23 Price Changed $1,295,000 -4.0% $485 / Sq Ft
02/19/2023 02/19/23 For Sale $1,349,000 0.0% $505 / Sq Ft
06/04/2012 06/04/12 Rented $2,850 0.0% --
06/03/2012 06/03/12 Under Contract -- -- --
05/23/2012 05/23/12 For Rent $2,850 -- --
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 $15,716 $1,248,478 $374,545 $873,933
2023 $15,716 $1,012,000 $265,978 $746,022
2022 $13,357 $1,043,071 $260,763 $782,308
2021 $9,956 $769,036 $191,959 $577,077
2020 $8,871 $686,639 $171,392 $515,247
2019 $8,625 $666,640 $166,400 $500,240
2018 $8,312 $641,000 $160,000 $481,000
2017 $8,186 $632,000 $158,000 $474,000
2016 $7,847 $608,000 $152,000 $456,000
2015 $7,917 $603,000 $151,000 $452,000
2014 $7,904 $611,000 $153,000 $458,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219091129

California Desert Association of REALTORS®

APN: 627-342-006