NOT LISTED FOR SALE

74065 Jeri Ln Palm Desert, CA 92211

Estimated Value: $700,000 - $880,652

3 Beds
3 Baths
2,563 Sq Ft
$310/Sq Ft Est. Value

Last Sold January 01, 2019

Last sale price $505,000 $197 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,860/month

19 Days on Market

About This Home

As of January 2019

Gorgeous North facing prepaid solar home in Palm Desert's Olive Grove neighborhood. A gated courtyard welcomes you into this clean and move in ready home. Featuring tile flooring, high ceilings with fans, and a large open floor plan. Island kitchen with bar seating, granite counter tops, loads of cabinets, a pantry, and a breakfast nook. The dining room is perfect for entertaining with easy access to the kitchen and views of front courtyard. Master suite features his and her closets, two vanities, a sunken shower, and a large soaking tub with glass block wall. Two roomy guest bedrooms are at the end of the hallway, each with their own ceiling fan. A big laundry room is located off of the kitchen has additional cabinets for storage as well as a basin sink. Amazing backyard with a covered patio, mature landscaping, salt water pool & spa, and pool deck for soaking in the sun. Three car finished tandem garage in the front. Prepaid solar lease with Sunrun expires in 2033.

Last Agent to Sell the Property

Josh Hayes

Hayes Real Estate License #01837667 Listed on: 10/19/2018

Last Buyer's Agent

David Emerson

Coldwell Banker Res Brokerage

Coldwell Banker Res Brokerage

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,719

Year Built

2003

Lot Details

0

Parking

3

Listing Details

  • Active Date: 2018-10-19
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 2563.0
  • Building Structure Style: Contemporary
  • Driving Directions: From I-10, head South on Cook, West on Gerald Ford, South on Portola, West on Julie which turns into Shepard, West onto Jeri Lane.
  • Full Street Address: 74065 JERI LN
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2019-01-02
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2003

Interior Features

  • Eating Areas: Breakfast Area, Dining Area, Breakfast Counter / Bar
  • Appliances: Microwave, Range
  • Advertising Remarks: Gorgeous North facing prepaid solar home in Palm Desert's Olive Grove neighborhood. A gated courtyard welcomes you into this clean and move in ready home. Featuring tile flooring, high ceilings with fans, and a large open floor plan. Island kitchen with b
  • Total Bedrooms: 3
  • Builders Tract Code: 3550
  • Builders Tract Name: OLIVE GROVE
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Garage Spaces: 3.0
  • Total Parking Spaces: 3
  • Parking Type: Garage - Three Door, Tandem

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Frequency: Annually
  • Association Name: OLIVE GROVE
  • HOA Fees: 100.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 19, 2018
Sold by
Bennett Daniel F and Quintana Bennett Gloria
Bought by
Schreiber Michael
Seller's Agent
Josh Hayes
Hayes Real Estate
Buyer's Agent
David Emerson
Coldwell Banker Res Brokerage
List Price
$519,950
Sold Price
$505,000
Premium/Discount to List
-$14,950
-2.88%
Current Estimated Value
$795,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,413
Avg. Annual Appreciation
6.93%
Original Mortgage
$185,000
Outstanding Balance
$162,999
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$632,414

Purchase Details

Closed on
Feb 21, 2004
Sold by
Bennett Daniel F and Bennett Gloria Q
Bought by
Bennett Daniel F and Quintana Bennett Gloria

Purchase Details

Closed on
Oct 21, 2003
Sold by
Santa Monica 3 Developers Llc
Bought by
Bennett Daniel F and Bennett Gloria Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Schreiber Michael $505,000 Chicago Title Company
Bennett Daniel F -- --
Bennett Daniel F $440,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schreiber Michael $185,000
Previous Owner Bennett Daniel F $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2019 01/01/19 Sold $505,000 -1.9% $197 / Sq Ft
11/07/2018 11/07/18 Pending -- -- --
10/19/2018 10/19/18 Price Changed $514,950 -1.0% $201 / Sq Ft
10/19/2018 10/19/18 For Sale $519,950 -- $203 / Sq Ft
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 $7,719 $563,333 $140,833 $422,500
2023 $7,719 $541,460 $135,365 $406,095
2022 $7,541 $530,844 $132,711 $398,133
2021 $7,365 $520,436 $130,109 $390,327
2020 $7,001 $515,100 $128,775 $386,325
2019 $6,881 $505,000 $126,250 $378,750
2018 $6,773 $499,000 $113,000 $386,000
2017 $6,567 $481,000 $109,000 $372,000
2016 $6,443 $477,000 $108,000 $369,000
2015 $5,923 $446,000 $101,000 $345,000
2014 $5,929 $458,000 $104,000 $354,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-398894PS

APN: 694-330-006