NOT LISTED FOR SALE

74066 El Cortez Way Palm Desert, CA 92260

Palma Village Groves Neighborhood

Estimated Value: $442,000 - $551,000

4 Beds
2 Baths
1,464 Sq Ft
$350/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $310,000 $212 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,251/month

46 Days on Market

Highlights

  • Mountain View
  • A-Frame Home
  • 1 Fireplace
  • Palm Desert High School Rated A
  • Property is near public transit
  • Covered patio or porch

About This Home

As of February 2020

Beautiful home in the heart of Palm Desert, this charming mid century home will not last at this price. It is walking distance to El Paseo Road where you can enjoy award winning restaurants and shops. Cal State Riverside and Cal State San Bernardino Universities are only a few miles away. This home is located in a very well stablished neighborhood, very quite streets and well manicured landscaping. The home is ready to write a new story, it is in very good condition but it needs updating. Beautiful lot is South facing, it includes block fence, mature landscape and fruit trees including and avocado tree in the front yard. It has a very large living room, split floor plan where the master bedroom is on the East side of the house and the other rooms on the West side, this will give owners privacy. The kitchen is very large and it has a service room next to it where you can built your pantry or even move in the laundry room area. This home is a blank canvas ready to be updated and ready for a new family. Call for a private Showing.

Last Agent to Sell the Property

Raquel Davalos

RE/MAX Desert Properties License #01213031 Listed on: 12/02/2019

RE/MAX Desert Properties

Last Buyer's Agent

Raquel Davalos

HomeSmart License #01213031

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,798

Year Built

  • Built in 1957

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Sprinklers on Timer

Home Design

  • A-Frame Home
  • Concrete Foundation
  • Foam Roof

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Family Room
  • Dining Area
  • Mountain Views
  • Gas Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 2 Carport Spaces
  • 6 Car Parking Spaces
  • 2 Parking Garage Spaces

Schools

  • Abraham Lincoln Elementary School
  • Palm Desert Charter Middle School
  • Palm Desert High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 625061005

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,798

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Building Style: A-Frame
  • List Price per Sq Ft: 212.43
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley Water District
  • Year Built: 1957
  • Listing I D: 219034860
  • Listing Member Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Listing Office Fax: (760) 841-0917
  • Selling Member Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Selling Office Address: 1775 E. Palm Canyon Dr. #610, Palm Springs, CA 92264
  • Selling Office Fax: (760) 841-0917
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Gas Dryer Hookup, Gas Range
  • Interior Amenities: Block Walls
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: Outside
  • Estimated Sq Ft: 1464.00

Exterior Features

  • Roofing: Foam
  • Fencing: Block
  • Foundation: Concrete Block
  • Patio: Covered
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Parking: Covered
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625061005
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1600
  • Lot Description: Fenced
  • Lot Location: Near Public Transit
  • Lot Size: 6970.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Abraham Lincoln
  • High School: Palm Desert
  • Junior Middle School: Palm Desert Charter
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Jan 6, 2020
Sold by
Fernandez Jorge T and Fernandez Amalia P
Bought by
Garcia Vincent and Johnson Lillian
Seller's Agent
Raquel Davalos
RE/MAX Desert Properties
Buyer's Agent
Raquel Davalos
RE/MAX Consultants
List Price
$311,000
Sold Price
$310,000
Premium/Discount to List
-$1,000
-0.32%
Current Estimated Value
$511,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,761
Avg. Annual Appreciation
9.98%
Original Mortgage
$304,385
Outstanding Balance
$272,375
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$243,261

Purchase Details

Closed on
Sep 25, 2014
Sold by
Fernandez Jorge T and Fernandez Amalia P
Bought by
Jorge & Amilia Fernandez Living Trust

Purchase Details

Closed on
Jul 6, 2010
Sold by
Fernandez Jorge T and Fernandez Amalia P
Bought by
Herndez Jorge T and Fernandez Amalia P
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
Garcia Vincent $310,000 Orange Coast Title
Jorge & Amilia Fernandez Living Trust -- None Available
Herndez Jorge T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Vincent $34,797
Open Garcia Vincent $304,385
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $310,000 -0.3% $212 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $311,000 -- $212 / 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
2023 $4,798 $325,862 $13,138 $312,724
2022 $4,496 $319,474 $12,881 $306,593
2021 $4,392 $313,211 $12,629 $300,582
2020 $1,199 $59,944 $10,531 $49,413
2019 $1,180 $58,770 $10,325 $48,445
2018 $1,162 $57,619 $10,124 $47,495
2017 $1,137 $56,490 $9,926 $46,564
2016 $1,111 $55,383 $9,732 $45,651
2015 $1,099 $54,553 $9,587 $44,966
2014 $1,029 $53,486 $9,400 $44,086
Source: Public Records

Agents Affiliated with this Home

  • Raquel Davalos

    Seller's Agent in 2020

    Raquel Davalos

    RE/MAX

    (760) 408-8899

    4 in this area

    121 Total Sales

    Raquel Davalos
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219034860

California Desert Association of REALTORS®

APN: 625-061-005

California Riverside County Palm Desert 92260 Palma Village Groves

74066 El Cortez Way, Palm Desert, CA

This home is located at 74066 El Cortez Way, Palm Desert, CA 92260 since 02 December 2019 and is currently estimated at $511,761, approximately $349 per square foot. This property was built in 1957. 74066 El Cortez Way is a home located in Riverside County with nearby schools including Abraham Lincoln Elementary School, La Quinta 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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