NOT LISTED FOR SALE

73932 Desert Bloom Trail Palm Desert, CA 92260

Estimated Value: $2,660,000 - $2,917,000

4 Beds
4.5 Baths
3,608 Sq Ft
$772/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $2,600,000 $721 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $18,674/month

294 Days on Market

Highlights

  • Guest House
  • On Golf Course
  • Casita
  • Palm Desert High School Rated A
  • In Ground Pool
  • Gourmet Kitchen

About This Home

As of April 2024

EXCEPTIONAL OPPORTUNITY AND VALUE within The Reserve, one of the most prestigious Clubs in the Country! Light open floor plan, this gracious 3,608 square foot home captures golf course, lake and dramatic mountain views on the 3rd fairway. The gourmet kitchen opens to elegant living and dining areas to entertain a large group, with cozy areas for intimate gatherings and family celebrations. A beautifully landscaped home, your guests are welcomed into the lush entry courtyard with a most soothing water feature. The main house has a spacious master suite with sitting area and walk-in closet and 2 guest suites, one currently set up as a den/office. The detached 3rd guest suite has its own private entry from the courtyard. The back patio overlooking the pool and spa has well designed areas for relaxing, entertaining and dining. Attention to detail is evident throughout this warm and inviting home which is being offered unfurnished. The exquisite furnishings are negotiable should you wish to have a move-in ready desert retreat of your own! The Reserve Club offers world class amenities including a Tom Weiskopf-Jay Morrish designed championship golf course, three Trophy Holes and a double-ended practice range. The Club Village includes Clubhouse; Lakehouse for casual dining; Fitness Center with exercise rooms, extensive cardio equipment, Jr. Olympic size pool, Tennis and Pickleball; and Golf Shop.

Last Agent to Sell the Property

Reserve Team Walton and Cullinan

Reserve Realty License #00822105 Listed on: 07/10/2023

Last Buyer's Agent

Reserve Team Walton and Cullinan

Reserve Realty License #00822105 Listed on: 07/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,680

Year Built

  • Built in 2000

Lot Details

  • 0.31 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Landscaped
  • Sprinklers on Timer
  • Back Yard

HOA Fees

  • $1,384 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain
  • Desert
  • Hills

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,608 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom Retreat
  • Powder Room
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Golf Cart Garage

Pool

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

Outdoor Features

  • Covered Patio or Porch
  • Casita

Additional Homes

  • Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 655360013
  • Special Tax Authority

Community Details

Overview

  • The Reserve Subdivision
  • Planned Unit Development

Recreation

  • Golf Course Community
  • Dog Park

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,680

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,384 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 2
  • Casita Features Other: Private Entry
  • List Price per Sq Ft: 769.12
  • Lp Sp Ratio: 0.9400
  • View Type: Desert, Mountain(s), Hills, Golf Course
  • Water District Name: CVWD
  • Year Built: 2000
  • Listing I D: 219097251
  • Listing Member Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Listing Office Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Listing Office Fax: (760) 568-2420
  • Selling Member Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Selling Office Address: 74001 Reserve Dr, Indian Wells, CA 92210
  • Selling Office Fax: (760) 568-2420
  • Land Type: Fee
  • Subdivision: The Reserve
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Gas Oven, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Retreat
  • Interior Amenities: Built-In Features, Wet Bar, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+)
  • Fireplace Features: Gas
  • Flooring: Carpet, Travertine
  • Bedroom Features: Master Retreat
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Tub With Jets, Shower Stall, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Gourmet Kitchen, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 3608.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Other Structures: Guest House/Casita
  • Roofing: Tile
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: Yes
  • 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, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Doggie Park
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Call
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Controlled Access, Management
  • HOA Information: Yes
  • HOA Fee 1: 1383.94
  • Total Monthly Association Fees: 1384.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 655360013
  • Irrigation: Sprinkler Timer
  • Lot Description: Back Yard, Landscaped
  • Lot Location: Cul-De-Sac, On Golf Course
  • Lot Size: 13503.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2023
Closed on
Mar 20, 2024
Sold by
Mitchell John W and Mitchell Marilyn M
Bought by
Zachary Nancy
Seller's Agent
Reserve Team Walton and Cullinan
Reserve Realty
Buyer's Agent
Reserve Team Walton and Cullinan
Reserve Realty
List Price
$2,775,000
Sold Price
$2,600,000
Premium/Discount to List
-$175,000
-6.31%
Views
75
Current Estimated Value
$2,783,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,864
Avg. Annual Appreciation
4.89%

Purchase Details

Closed on
Aug 8, 2023
Sold by
Zachary Nancy
Bought by
Desert Bloom Trail Trust and Zachary

Purchase Details

Closed on
Mar 18, 2021
Sold by
Mitchell Marilyn M
Bought by
Mitchell Marilyn M and Marilyn M Mitchell Revocable Trust

Purchase Details

Closed on
Feb 1, 2021
Sold by
Mitchell Marilyn M
Bought by
Mitchell Marilyn M and Marilyn M Mitchell Revocable Trust

Purchase Details

Closed on
Sep 23, 2020
Sold by
Mitchell John W
Bought by
Mitchell John W and John W Mitchell Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2020
Sold by
Mitchell John W and Mitchell Marilyn M
Bought by
Mitchell John W and Mitchell Marilyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2006
Sold by
Jensen Peter Cole and Jensen Sharon A
Bought by
Mitchell John W and Mitchell Marilyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2005
Sold by
Allen James C and Allen Barbara A
Bought by
Jensen Peter Cole and Jensen Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Divot Llc
Bought by
Allen James C and Allen Barbara 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
Zachary Nancy $2,597,000 Fidelity National Title
Desert Bloom Trail Trust -- None Listed On Document
Zachary Nancy -- Fidelity National Title Compan
Mitchell Marilyn M -- None Listed On Document
Mitchell John W -- None Listed On Document
Mitchell Marilyn M -- None Listed On Document
Mitchell John W -- None Listed On Document
Mitchell John W -- Stewart Title Of Ca Inc
Mitchell John W $1,750,000 Fidelity National Title Co
Jensen Peter Cole $1,595,000 First American Title Company
Allen James C $1,397,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell John W $510,400
Previous Owner Mitchell John W $1,360,000
Previous Owner Jensen Peter Cole $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2024 04/30/24 Sold $2,600,000 -6.3% $721 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
02/25/2024 02/25/24 For Sale $2,775,000 0.0% $769 / Sq Ft
02/07/2024 02/07/24 Off Market $2,775,000 -- --
07/10/2023 07/10/23 For Sale $2,775,000 -- $769 / 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 $29,680 $2,648,939 $1,059,577 $1,589,362
2023 $29,680 $2,029,500 $708,259 $1,321,241
2022 $25,696 $1,845,000 $645,750 $1,199,250
2021 $25,504 $1,839,208 $578,277 $1,260,931
2020 $22,909 $1,642,149 $516,318 $1,125,831
2019 $22,326 $1,594,320 $501,280 $1,093,040
2018 $21,584 $1,533,000 $482,000 $1,051,000
2017 $21,780 $1,530,000 $481,000 $1,049,000
2016 $21,725 $1,530,000 $481,000 $1,049,000
2015 $21,096 $1,451,000 $456,000 $995,000
2014 $23,133 $1,639,000 $515,000 $1,124,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219097251

California Desert Association of REALTORS®

APN: 655-360-013