$525,000
SOLD SEP 23, 2015

73911 Shadow Lake Dr Palm Desert, CA 92260

3 Beds
3 Baths
2,776 Sq Ft
0.27 Acres

Recently Sold

$189 Per Sq Ft

12% Below List Price

187 Days on Market

About This Home

As of September 2015

Beautiful remodeled Desert Oasis ready for a new owner. This house has it all. Close to shopping, restaurants in the middle of the Palm Desert version of Beverly Hills two blocks from El Paseo. The home features travertine floors, marble fireplace mantle, granite bullnosed counter tops, Viking oven, Subzero refrigerator, Dacor stovetop. Completely renovated and updated. Pebble Tec pool, huge grassy back yard, front outside seating area. Two master suites with huge closets. This house is is must see!

Last Agent to Sell the Property

Pat Bianchi

Keller Williams Realty License #01893682 Listed on: 02/06/2015

Keller Williams Realty

Co-Listed By

Arleen Cohen-Bianchi

Keller Williams Realty License #01815894

Last Buyer's Agent

Jeffrey Crausman

Keller Williams Beverly Hills License #01263902

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,104

Year Built

1956

Lot Details

0

Listing Details

  • Active Date: 2015-02-11
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 2776.0
  • Building Structure Style: Mid Century
  • Doors: Sliding Glass Door(s)
  • Driving Directions: HIGHWAY 111 TO PORTOLA GO SOUTH, MAKE A RIGHT ON FAIRWAY, FIRST RIGHT ON MOUNTAIN VIEW, FIRST LEFT ON SHADOW LAKE.
  • Full Street Address: 73911 SHADOW LAKE DR
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-01-02
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1956

Interior Features

  • Bathroom Features: 2 Master Baths
  • Bedroom Features: 2 Master Bedrooms, Master Suite
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Formal Dining Rm, Kitchen Island
  • Appliances: Cooktop - Gas, Double Oven
  • Advertising Remarks: Beautiful remodeled Desert Oasis ready for a new owner. This house has it all. Close to shopping, restaurants in the middle of the Palm Desert version of Beverly Hills two blocks from El Paseo. The home features travertine floors, marble fireplace mantle
  • Total Bedrooms: 3
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Fireplace: Yes
  • Interior Amenities: Open Floor Plan
  • Appliances: Dryer, Washer
  • Fireplace Fuel: Gas, Gas & Wood
  • Floor Material: Carpet, Stone, Travertine
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 11761
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces South
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Fence: Block Wall
  • Water: District/Public, Meter on Property

Garage/Parking

  • Parking Type: Garage - Two Door, Garage Is Attached, Parking for Guests, Parking for Guests - Onsite, Parking Space, RV Access

Utilities

  • Sewer: In Street
  • Sprinklers: Drip System, Sprinkler System, Sprinkler Timer
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace
  • Security: Automatic Gate

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Langer Bruce A and Langer Stefani P
Bought by
Gibbs Kurt
Current Estimated Value
$1,030,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,270
Outstanding Balance
$455,103
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$581,678

Purchase Details

Closed on
Jan 30, 2016
Sold by
Langer Bruce A and Langer Stefani P
Bought by
Bruce & Stefani Langer Living Trust 2008

Purchase Details

Listed on
Feb 6, 2015
Closed on
Aug 19, 2015
Sold by
Samson Bruce S and Samson Nancy H
Bought by
Langer Bruce A and Langer Stefani P
Seller's Agent
Pat Bianchi
Keller Williams Realty
Buyer's Agent
Jeffrey Crausman
Keller Williams Beverly Hills
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$350,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2012
Closed on
Apr 6, 2012
Sold by
Joseph A Bradley and Cannon Robert
Bought by
Samson Buce S and Samson Nancy H
Seller's Agent
Arleen Cohen-Bianchi
Keller Williams Realty
Buyer's Agent
Arleen Cohen-Bianchi
Keller Williams Realty
Sold Price
$515,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.58%
Original Mortgage
$412,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2009
Sold by
Joseph Alex B and Bradley Joseph A
Bought by
Joseph A Bradley and Cannon Robert

Purchase Details

Closed on
Sep 9, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Joseph Alex B

Purchase Details

Closed on
Jun 26, 2009
Sold by
Arencibia Jose R and Arencibia Elyria I
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 12, 2004
Sold by
Osborne Lee
Bought by
Arencibia Jose R and Arencibia Elyria I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Jensen R Gordon and Jensen Frances M
Bought by
Jensen R Gordon and Jensen Frankie M

Purchase Details

Closed on
Oct 8, 2001
Sold by
Jensen R Gordon and Jensen Frankie M
Bought by
Jensen R Gordon and Jensen Frances M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.39%

Purchase Details

Closed on
Jun 2, 1998
Sold by
Jensen R Gordon and Jensen Frances M
Bought by
Jensen R Gordon and Jensen Frankie M
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 $699,000 Stewart Title
Interfamily Deed Transfer -- None Available
Grant Deed $525,000 Title 365
Grant Deed $515,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $365,000 Orange Coast Title Lender Se
Trustee Deed $385,000 Accommodation
Grant Deed $525,000 Chicago Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Ins
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,270 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $87,000 Credit Line Revolving
Previous Owner $417,000 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $675,000 Balloon
Previous Owner $420,000 Purchase Money Mortgage
Previous Owner $185,000 No Value Available
Closed $52,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2015 09/23/15 Sold $525,000 -4.4% $189 / Sq Ft
03/21/2015 03/21/15 Price Changed $549,000 -4.5% $198 / Sq Ft
03/17/2015 03/17/15 Price Changed $574,900 -4.0% $207 / Sq Ft
02/11/2015 02/11/15 For Sale $599,000 +14.1% $216 / Sq Ft
02/10/2015 02/10/15 Off Market $525,000 -- --
02/06/2015 02/06/15 For Sale $599,000 +16.3% $216 / Sq Ft
06/01/2012 06/01/12 Sold $515,000 -- $186 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
Source: Palm Springs Regional 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 $10,104 $1,464,527 $48,709 $1,415,818
2023 $10,104 $727,239 $46,818 $680,421
2022 $9,579 $712,980 $45,900 $667,080
2021 $9,380 $699,000 $45,000 $654,000
2020 $7,716 $568,274 $170,481 $397,793
2019 $7,570 $557,133 $167,139 $389,994
2018 $7,431 $546,210 $163,863 $382,347
2017 $7,274 $535,500 $160,650 $374,850
2016 $7,091 $525,000 $157,500 $367,500
2015 $7,134 $538,226 $188,117 $350,109
2014 $6,877 $527,684 $184,433 $343,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 15-878201PS

APN: 627-353-004