NOT LISTED FOR SALE

74040 Velardo Dr Palm Desert, CA 92260

Estimated Value: $365,000 - $552,000

3 Beds
2 Baths
1,420 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $268,000 $189 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,068/month

123 Days on Market

Highlights

  • Heated In Ground Pool
  • Midcentury Modern Architecture
  • Property is near public transit
  • Palm Desert High School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of September 2018

Price just reduced! Location, location! 1961 Mid-Century home with vaulted ceiling, triangular windows and Mountain Views. NO HOA Dues. You own the land. A spacious kitchen in original condition with dining and living areas that can be opened to create a Great Room. 3 Bedrooms & 2 Baths are separated for privacy. The home has all hard surface flooring. Ceiling fans in the main rooms. Sunroom an extra bonus! Major work was done in 2007: Roof replaced w PVC membrane, HVAC replaced w American Standard. Evaporative coolers in home and Garage. 2 Car Garage w new doors. Pool with artist painted fish on plaster is in a private fully fenced backyard. Desert landscaped front yard perfect for EZ maintenance and low water bills. Located 2 blocks from Portola & Fred Waring, but with a peaceful back yard. An Elementary School, Charter Middle School, Sacred Heart Catholic School & College of Desert are all nearby with excellent public transportation. This is a sleeper neighborhood near El Paseo.

Last Agent to Sell the Property

Camille Pfeifer

Bennion Deville Homes License #01334856 Listed on: 04/19/2018

Bennion Deville Homes

Last Buyer's Agent

Jason Skinner

Beach City Brokers License #01946711

Beach City Brokers

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,926

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 113 x 62 x 112 x 75
  • Home has East and West Exposure
  • Wood Fence
  • Chain Link Fence
  • Drip System Landscaping
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Back and Front Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 1,420 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Great Room
  • Dining Area
  • Utility Room
  • Mountain Views

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Concrete Porch or Patio

Location

  • Ground Level
  • Property is near public transit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 624193009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,926

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East
  • Levels: One
  • Builders Tract Code: NA322
  • Building Style: Mid Century
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Refrigerator, Chopping block top counter section, baker rack in kitchen, Washer and Dryer
  • List Price per Sq Ft: 202.11
  • Lp Sp Ratio: 0.9338
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley Water
  • Year Built: 1961
  • Listing I D: 218010612
  • Listing Member Address: 74-910 Highway 111, Indian Wells, CA 92210
  • Listing Member Fax: (760) 561-1818
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • Selling Office Address: 200 S Pacific Coast Highway, Redondo Beach, CA 90277
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave Oven, Refrigerator, Washer
  • Flooring: Tile, Wood
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub, Tile Counters
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Pantry, Tile Counters
  • Laundry: Individual Room, Outside
  • Estimated Sq Ft: 1420.00
  • Windows Treatments: Blinds, Drapes

Exterior Features

  • Construction: Block
  • Fencing: Chain Link, Wood
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Not Heated
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air, Evaporative Cooling
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624193009
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.1800
  • Lot Description: Back Yard, Fenced, Front Yard, Landscaped, Rectangular Lot, Street Paved, Street Public
  • Lot Dimensions: 113 x 62 x 112 x 75
  • Lot Location: Near Public Transit
  • Lot Size: 7841.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Skinner Jason
Bought by
J Skins Llc
Current Estimated Value
$490,708

Purchase Details

Listed on
Apr 19, 2018
Closed on
Aug 23, 2018
Sold by
Perez Nicole R and Perez Rachel R
Bought by
Skinner Jason F
Seller's Agent
Camille Pfeifer
Bennion Deville Homes
Buyer's Agent
Jason Skinner
Beach City Brokers
List Price
$297,000
Sold Price
$268,000
Premium/Discount to List
-$29,000
-9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.92%
Original Mortgage
$254,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
Perez Nicole R
Bought by
Perez Nicole R and Perez Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2007
Sold by
Perez Rachel R
Bought by
Perez Nicole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2005
Sold by
Rochin Jose Ariel Gastelum and Waybright Diane Deneal
Bought by
Perez Nicole R and Perez Rachel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2004
Sold by
Waybright Diane Deneal
Bought by
Rochin Jose Ariel Gastelum and Waybright Diane Deneal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
1.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 29, 2002
Sold by
Waybright Diane
Bought by
Waybright Diane Deneal and Rochin Jose Ariel Gastelum

Purchase Details

Closed on
Aug 27, 1998
Sold by
Quaker City Fsla
Bought by
Waybright Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 19, 1998
Sold by
Helen Morgan
Bought by
Quaker City Fsla

Purchase Details

Closed on
Dec 27, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morgan Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,625
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1994
Sold by
Morgan Ralph Tom
Bought by
Morgan Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,625
Interest Rate
9.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1994
Sold by
Tyrrel Donald P
Bought by
Federal Home Loan Mortgage Corporation
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
J Skins Llc -- None Available
Skinner Jason F $268,000 Orange Coast Title Company
Perez Nicole R -- First American Title Porscha
Perez Nicole R -- First American Title Porscha
Perez Nicole R $354,000 Chicago Title Company
Rochin Jose Ariel Gastelum -- New Century Title Company
Waybright Diane Deneal -- New Century Title Company
Waybright Diane Deneal -- --
Waybright Diane $76,000 Ati Title Company
Quaker City Fsla $68,534 First American Title Ins Co
Morgan Helen $83,500 First American Title Ins Co
Morgan Helen -- First American Title Ins Co
Federal Home Loan Mortgage Corporation $85,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skinner Jason F $254,500
Previous Owner Perez Nicole R $284,000
Previous Owner Perez Nicole R $245,000
Previous Owner Waybright Diane Deneal $198,750
Previous Owner Waybright Diane $57,000
Previous Owner Morgan Helen $62,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $268,000 -6.6% $189 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/20/2018 08/20/18 Price Changed $287,000 -2.7% $202 / Sq Ft
08/08/2018 08/08/18 Price Changed $295,000 -0.7% $208 / Sq Ft
07/30/2018 07/30/18 For Sale $297,000 +10.8% $209 / Sq Ft
07/15/2018 07/15/18 Off Market $268,000 -- --
05/06/2018 05/06/18 Price Changed $297,000 -4.2% $209 / Sq Ft
04/19/2018 04/19/18 For Sale $310,000 -- $218 / 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 $5,926 $432,972 $162,364 $270,608
2023 $5,926 $416,160 $156,060 $260,100
2022 $5,580 $292,933 $78,837 $214,096
2021 $4,047 $286,426 $77,292 $209,134
2020 $3,856 $273,360 $76,500 $196,860
2019 $3,725 $268,000 $75,000 $193,000
2018 $3,504 $257,000 $64,000 $193,000
2017 $3,325 $243,000 $61,000 $182,000
2016 $3,137 $228,000 $57,000 $171,000
2015 $2,994 $214,000 $53,000 $161,000
2014 $2,701 $196,000 $49,000 $147,000
Source: Public Records

Agents Affiliated with this Home

  • Camille Pfeifer

    Seller's Agent in 2018

    Camille Pfeifer

    Bennion Deville Homes

    (760) 832-2035

    42 Total Sales

    Camille Pfeifer
    Section Image

  • J

    Buyer's Agent in 2018

    Jason Skinner

    Beach City Brokers

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 218010612

California Desert Association of REALTORS®

APN: 624-193-009

California Riverside County Palm Desert 92260

74040 Velardo Dr, Palm Desert, CA

This home is located at 74040 Velardo Dr, Palm Desert, CA 92260 since 19 April 2018 and is currently estimated at $490,708, approximately $345 per square foot. This property was built in 1961. 74040 Velardo Dr is a home located in Riverside County with nearby schools including Abraham Lincoln Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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