NOT LISTED FOR SALE

73877 Desert Garden Trail Palm Desert, CA 92260

Estimated Value: $3,750,000 - $4,775,000

4 Beds
6 Baths
5,180 Sq Ft
$815/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $4,250,000 $820 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $26,839/month

72 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Gourmet Kitchen
  • Palm Desert High School Rated A
  • In Ground Pool
  • Panoramic View

About This Home

As of February 2022

Exquisite custom estate at the Reserve! Four bedroom, four full baths and two powder rooms including a separate casita + office or 5th bedroom. Approx. 5.180 sq. ft. on nearly half acre lot. Features flagstone drive and entryway to beautiful central courtyard with sitting area and custom fountain. Foyer leads to stunning great room with wood burning fireplace, dining, custom wood paneling and tongue and grove high ceilings. Gorgeous gourmet stainless kitchen with long marble center table and family room with breakfast nook. Large master suite with sitting area and inviting bath. Lovely guest accommodations including a separate casita with sitting room/office. Another executive office could easily convert to a 5th bedroom if desired. The outdoor entertainment area is amazing with wood burning fireplace, extensive lounging and seating areas and a custom lap pool with separate spa. Low maintenance landscaping and incredible south facing lakefront location with golf course and mountain views. Barbara Barry designer, offered furnished per inventory. Reserve membership is available, but not mandatory.

Last Agent to Sell the Property

Valery Neuman

Compass License #01138184 Listed on: 11/13/2021

Compass

Last Buyer's Agent

Marc Lange

Desert Sotheby's International Realty License #01407481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,426

Year Built

  • Built in 2001

Lot Details

  • 0.48 Acre Lot
  • South Facing Home
  • Premium Lot
  • Sprinklers on Timer

HOA Fees

  • $986 Monthly HOA Fees

Property Views

  • Pond
  • Panoramic
  • Golf Course
  • Mountain
  • Desert

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Tile Roof

Interior Spaces

  • 5,180 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Log Fireplace
  • Stone Fireplace
  • Awning
  • Custom Window Coverings
  • Sliding Doors
  • Entrance Foyer
  • Great Room with Fireplace
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Golf Cart Garage

Pool

  • In Ground Pool
  • Outdoor Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 655370016

Community Details

Overview

  • Association fees include concierge, security, cable TV
  • The Reserve Subdivision
  • Community Lake

Recreation

  • Golf Course Community

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,426

Year Built

Built in 2001

Lot Details

0

HOA Fees

$986 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 2
  • Building Style: Contemporary, Modern
  • Casita Features Other: Sitting Room/Office
  • Entry Location: Foyer
  • List Price per Sq Ft: 820.46
  • Lp Sp Ratio: 1.0000
  • View Type: Desert, Pond, Panoramic, Mountain(s), Golf Course
  • Water District Name: CVWD
  • Year Built: 2001
  • Listing I D: 219070318
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Member Fax: (760) 541-4899
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 111 S. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 424-3017
  • Land Type: Fee
  • Subdivision: The Reserve
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Freezer, Dishwasher, Gas/Elec Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Exterior, Great Room
  • Interior Amenities: Built-In Features, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Fireplace Features: Gas & Wood, Stone
  • Flooring: Carpet, Mixed, Terrazzo
  • Bedroom Features: Dressing Area, Walk In Closet
  • Total Bedrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Full Bathrooms: 4
  • Eating Areas: Dining Area
  • Kitchen Features: Ceramic Counters, Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 5180.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Other Features: Barbeque Private, Premium Lot
  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Patio: Awning(s), Concrete Slab, Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage, Driveway, Garage Door Opener, Direct Entrance
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Zoned, Central Air
  • Heating: Central, Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Security System Owned, Fire Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Concierge, Security, Cable TV
  • Association Amenities: Controlled Access, Lake or Pond, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 986.00
  • Total Monthly Association Fees: 986.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 655370016
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.4800
  • Lot Size: 20909.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 25, 2022
Sold by
King Jennifer J Inter Vivos Trust
Bought by
Cummings Family Trust
Seller's Agent
Valery Neuman
Compass
Buyer's Agent
Marc Lange
Desert Sotheby's International Realty
List Price
$4,250,000
Sold Price
$4,250,000
Current Estimated Value
$4,224,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,788
Avg. Annual Appreciation
-0.17%

Purchase Details

Listed on
Feb 4, 2015
Closed on
Mar 5, 2015
Sold by
Klebahn Hugh W and Klebahn Rosemary S
Bought by
King Jennifer J and Jennifer J King Inter Vivostrust
Seller's Agent
Sandra Walton
Reserve Realty
Buyer's Agent
William Hobin
Reserve Realty
List Price
$2,875,000
Sold Price
$2,500,000
Premium/Discount to List
-$375,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%

Purchase Details

Closed on
Jul 12, 2013
Sold by
Klebahn Perry A and Condon Annie Klebahn
Bought by
Klebahn Hugh W and Klebahn Rosemary S

Purchase Details

Closed on
May 15, 2008
Sold by
Blum Scott A and Klebahn Blum Audrey
Bought by
Klebahn Perry A and Condon Annie V Klebahn

Purchase Details

Closed on
Jun 26, 2006
Sold by
Blum Scott A and Klebahn Audrey
Bought by
Blum Scott A and Klebahn Blum Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,250,000
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2000
Sold by
Ministrelli Development Inc
Bought by
Blum Scott and Blum Audrey
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
Cummings Family Trust $4,250,000 Lawyers Title
King Jennifer J $2,350,000 First American Title Company
Klebahn Hugh W -- None Available
Klebahn Perry A -- None Available
Klebahn Perry A $3,000,000 Southland Title
Blum Scott A -- Lawyers Title
Blum Scott $2,480,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blum Scott A $3,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold $4,250,000 0.0% $820 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
11/13/2021 11/13/21 For Sale $4,250,000 +70.0% $820 / Sq Ft
04/23/2015 04/23/15 Sold $2,500,000 -13.0% $483 / Sq Ft View Prior Sale
03/30/2015 03/30/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $2,875,000 -- $555 / 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 $40,426 $3,096,246 $1,092,788 $2,003,458
2023 $40,426 $2,976,016 $1,050,354 $1,925,662
2022 $6,151 $255,833 $63,336 $192,497
2021 $5,969 $250,818 $62,095 $188,723
2020 $5,910 $248,247 $61,459 $186,788
2019 $5,717 $243,380 $60,254 $183,126
2018 $5,659 $238,609 $59,073 $179,536
2017 $5,855 $233,931 $57,915 $176,016
2016 $5,835 $229,345 $56,780 $172,565
2015 $33,506 $2,460,000 $820,000 $1,640,000
2014 $33,874 $2,510,000 $837,000 $1,673,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219070318

California Desert Association of REALTORS®

APN: 655-370-016