NOT LISTED FOR SALE

74041 Velardo Dr Palm Desert, CA 92260

Estimated Value: $336,000 - $421,000

2 Beds
2 Baths
1,040 Sq Ft
$372/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $240,000 $231 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,461/month

210 Days on Market

Highlights

  • Primary Bedroom Suite
  • Secondary bathroom tub or shower combo
  • Lawn
  • Palm Desert High School Rated A
  • 1 Fireplace
  • Den

About This Home

As of October 2020

Located in a great, centrally located neighborhood in Palm Desert with good school district and an elementary school nearby, this would make a perfect first home, rental property or flip. Easily convert Den to a third bedroom. More room to expand. There is space for a Class A Motorhome, RV or Camper parking on the south side of the house (Prospective Buyers should check with the City regarding Motorhome and RV parking, etc). Since this is a cosmetic fixer and the kitchen is not complete, it probably would not qualify for a home mortgage. Therefore a cash purchase may be required. This property cannot be shown until Friday, September 4th. Prospective buyers must view the home first, before presenting any offers. Thank you.

Last Agent to Sell the Property

Doug Fischer

Coldwell Banker Realty License #01299270 Listed on: 02/21/2020

Coldwell Banker Realty

Last Buyer's Agent

Brenda Maleskey

King Realty Group Inc License #01912415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1961

Lot Details

  • 8,276 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

Home Design

  • Slab Foundation
  • Composition Roof
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Awning
  • Drapes & Rods
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Area
  • Den
  • Storage

Kitchen

  • Range Hood
  • Recirculated Exhaust Fan
  • Laminate Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Electric Dryer Hookup

Parking

  • 3 Car Parking Spaces
  • 3 Parking Garage Spaces
  • Side by Side Parking
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Enclosed patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 624192010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,140

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 East
  • Levels: Ground Level, No Unit Above, Ground, One
  • Entry Location: Ground Level - No Steps, Living Room
  • Included In Sale: Portable garden shed in the back yard.
  • List Price per Sq Ft: 220.19
  • Lp Sp Ratio: 1.0500
  • Water District Name: CVWD
  • Year Built: 1961
  • Listing I D: 219048622
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 14726 Ramona Ave Ste 201, Chino, CA 91710
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Electric Dryer Hookup, Exhaust Fan
  • Interior Amenities: Storage
  • Range Hood: Yes
  • Flooring: Carpet, Vinyl
  • Bedroom Features: All Bedrooms Down, Master Suite, Main Floor Master Bedroom, Main Floor Bedroom
  • Total Bedrooms: 2
  • Bathroom Features: Shower & Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Formica Counters, Laminate Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1040.00
  • Windows Treatments: Drapes, Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Composition, Foam
  • Fencing: Block, Wood
  • Foundation: Slab
  • Patio: Awning(s), Enclosed, Covered
  • Planned Unit Development: No

Garage/Parking

  • Parking: Side By Side, Driveway
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Electric, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: In Street, Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624192010
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1899
  • Lot Description: Back Yard, Street Public, Street Paved, Sidewalks, Level, Lawn, Front Yard
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Serena Joyner
Bought by
Serena Joyner Revocable Trust
Current Estimated Value
$386,567

Purchase Details

Listed on
Feb 21, 2020
Closed on
Sep 28, 2020
Sold by
Muir Danny K and Muir Sharon K
Bought by
Joyner Serena
Seller's Agent
Doug Fischer
Coldwell Banker Realty
Buyer's Agent
Brenda Maleskey
King Realty Group Inc
List Price
$229,000
Sold Price
$240,000
Premium/Discount to List
$11,000
4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jun 29, 2000
Sold by
Grossman Jean Alberta
Bought by
Muir Danny K and Muir Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
8.2%
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
Serena Joyner Revocable Trust -- Brown Kevin R
Joyner Serena $240,000 Ticor Title
Muir Danny K $97,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muir Danny K $87,000
Previous Owner Muir Danny K $87,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $240,000 +4.8% $231 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $229,000 -- $220 / 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 $4,140 $259,781 $86,593 $173,188
2023 $4,140 $249,696 $83,232 $166,464
2022 $3,846 $244,800 $81,600 $163,200
2021 $3,759 $240,000 $80,000 $160,000
2020 $2,291 $133,626 $41,322 $92,304
2019 $2,272 $131,007 $40,512 $90,495
2018 $2,256 $140,735 $39,719 $101,016
2017 $2,220 $138,787 $38,941 $99,846
2016 $2,191 $137,942 $38,178 $99,764
2015 $2,223 $138,941 $37,605 $101,336
2014 $2,073 $138,087 $36,869 $101,218
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Doug Fischer

    Coldwell Banker Realty

    Section Image
  • Brenda Maleskey

    Buyer's Agent in 2020

    Brenda Maleskey

    King Realty Group Inc

    (909) 680-9509

    45 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219048622

California Desert Association of REALTORS®

APN: 624-192-010

California Riverside County Palm Desert 92260

74041 Velardo Dr, Palm Desert, CA

This home is located at 74041 Velardo Dr, Palm Desert, CA 92260 since 21 February 2020 and is currently estimated at $386,567, approximately $371 per square foot. This property was built in 1961. 74041 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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