$399,000
SOLD SEP 10, 2012

73905 Shadow Lake Dr Palm Desert, CA 92260

4 Beds
3 Baths
2,739 Sq Ft
0.34 Acres

Recently Sold

$146 Per Sq Ft

33% Below List Price

88 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Midcentury Modern Architecture
  • Palm Desert High School Rated A
  • Panoramic View
  • Retreat

About This Home

As of September 2018

HUGE PRICE REDUCTION - Seller very motivated to sell. Mid-Century Modern Home - Located in one of Palm Desert's most desirable neighborhoods is this Mid-Century Modern Home built in 1959. The architectural attributes of this residence are reminiscent of the Glamorous Hollywood Era that was brought to the Desert Mid-Century. Open and light with 10 Banks of Sliding Glass Doors, 2 Master Suites - with Full Baths, 2 Guest Rooms, Oversized Pool, spectacular mountain views, grand open floor plan perfect for entertaining are just a few of the many amenities this residence has to offer. Minutes from Upscale EL PASEO, known as the Rodeo Drive of the Desert offers Shopping, Dining, Art Galleries, Coffee Houses, and MORE! The residence needs repairs and updates. All information deemed reliable, but not guaranteed. Buyer and Buyer's agent are to verify any and all information received from any source.

Last Agent to Sell the Property

John Barnett

Barnett California Realty License #01857927 Listed on: 05/26/2012

Last Buyer's Agent

John Barnett

Barnett California Realty License #01857927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,523

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot
  • Stucco Fence
  • Sprinkler System

Parking

  • Porte-Cochere

Property Views

  • Panoramic
  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Tile Roof
  • Foam Roof
  • Wood Siding
  • Block Exterior
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 2,739 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Utility Room
  • Breakfast Bar

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Sunken Shower or Bathtub
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Covered patio or porch
  • Outdoor Grill

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 627353002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,523

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA-323
  • Building Style: Mid Century
  • Included In Sale: Any Appliances buyer wants MUST be included on Purchase Contract
  • List Price per Sq Ft: 145.67
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Panoramic, Pool
  • Year Built: 1959
  • Listing I D: 21455076
  • Listing Office Address: 777 ETahquitz Canyon Way, Suite 200-170, Palm Springs, CA 92262
  • Listing Office Fax: (760) 841-4000
  • Selling Office Address: 777 ETahquitz Canyon Way, Suite 200-170, Palm Springs, CA 92262
  • Selling Office Fax: (760) 841-4000
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Beamed Ceilings
  • Flooring: Carpet, Concrete
  • Bedroom Features: Master Retreat, Master Suite
  • Total Bedrooms: 4
  • Bathroom Features: Shower Over Tub, Shower Stall, Sunken Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 2739.00

Exterior Features

  • Construction: Block, Glass, Stone, Stucco, Wood
  • Other Features: Barbeque Private
  • Roofing: Foam, Tile
  • Fencing: Stucco Wall
  • Patio: Concrete Slab, Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Parking: Porte-Cochere

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air, Evaporative Cooling
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 627353002
  • Irrigation: Sprinkler System
  • Lot Acres: 0.3400
  • Lot Size: 14810.00

Rental Info

  • 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
Jul 26, 2018
Closed on
Sep 19, 2018
Sold by
Kirk Thomas J
Bought by
Garcia Edgar A and Garcia Dolores
Seller's Agent
Anthony Bauer
eXp Realty of California, Inc.
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$749,000
Sold Price
$723,000
Premium/Discount to List
-$26,000
-3.47%
Total Days on Market
88
Current Estimated Value
$1,106,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,785
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
May 9, 2013
Sold by
Redline Investments Gp
Bought by
Kirk Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,750
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 26, 2012
Closed on
Sep 4, 2012
Sold by
Conway Kathleen M
Bought by
Redline Investments and Tymeout Lp
Seller's Agent
John Barnett
Barnett California Realty
Buyer's Agent
John Barnett
Barnett California Realty
List Price
$599,000
Sold Price
$399,000
Premium/Discount to List
-$200,000
-33.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Feb 27, 2008
Sold by
Corporate Recruiting Services Inc
Bought by
Conway Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 2005
Sold by
Conway Kathleen
Bought by
Corporate Recruiting Services Inc

Purchase Details

Closed on
Oct 8, 2004
Sold by
Burley Eric and Burley Anna
Bought by
Conway Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,400
Interest Rate
4.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 16, 2002
Sold by
Nielson Carl
Bought by
Burley Eric and Burley Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,900
Interest Rate
5.12%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Lovelock Edward J
Bought by
Nielson Carl
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $723,000 Chicago Title Company
Grant Deed $540,000 Fidelity National Title
Grant Deed $399,000 Fidelity National Title
Grant Deed -- Servicelink
Grant Deed -- None Available
Grant Deed $508,000 Old Republic Title Company
Grant Deed $340,000 Old Republic Title Company
Grant Deed -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $485,000 New Conventional
Closed $485,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $100,660 Credit Line Revolving
Previous Owner $508,750 FHA
Previous Owner $367,360 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $406,400 Unknown
Previous Owner $50,800 Stand Alone Second
Previous Owner $40,000 Credit Line Revolving
Previous Owner $271,900 No Value Available
Previous Owner $255,500 Unknown
Previous Owner $240,000 Unknown
Previous Owner $185,250 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2018 09/27/18 Sold $723,000 -3.5% $264 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $749,000 +87.7% $273 / Sq Ft
09/10/2012 09/10/12 Sold $399,000 0.0% $146 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
07/24/2012 07/24/12 Price Changed $399,000 -11.1% $146 / Sq Ft
07/05/2012 07/05/12 Price Changed $449,000 -10.0% $164 / Sq Ft
06/14/2012 06/14/12 Price Changed $499,000 -16.7% $182 / Sq Ft
05/26/2012 05/26/12 For Sale $599,000 -- $219 / 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
2023 $10,523 $775,199 $80,413 $694,786
2022 $9,890 $760,000 $78,837 $681,163
2021 $9,663 $745,099 $77,292 $667,807
2020 $9,487 $737,460 $76,500 $660,960
2019 $9,309 $723,000 $75,000 $648,000
2018 $7,625 $584,415 $175,322 $409,093
2017 $7,470 $572,957 $171,885 $401,072
2016 $7,289 $561,723 $168,515 $393,208
2015 $7,305 $553,287 $165,985 $387,302
2014 $7,059 $542,451 $162,735 $379,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21455076

California Desert Association of REALTORS®

APN: 627-353-002