NOT LISTED FOR SALE

74083 Jeri Ln Palm Desert, CA 92211

Estimated Value: $816,000 - $923,747

3 Beds
2.5 Baths
2,765 Sq Ft
$319/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $535,000 $193 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,262/month

222 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Traditional Architecture
  • Primary Bedroom Suite
  • Mountain View
  • Secondary bathroom tub or shower combo

About This Home

As of January 2018

This gorgeous former model home at Olive Grove features a spacious, open floor plan with high ceilings and lots of windows that make the home light and bright. A gourmet kitchen opens to the spacious living room and features granite tile countertops, a gas cooktop and a breakfast bar. The separate formal dining room and beautifully landscaped outdoor living space makes this home perfect for entertaining family and friends or just relaxing. Unwind in the large master suite complete with large his and hers walk-in closets, double vanity, and a bathtub & separate shower. The 3rd bedroom is currently used as an office, but with it's separate entrance, could be used as an attached casita. This home includes water-efficient desert landscaping, a solar heated salt water pool, a hot water re-circulator and a 2 car garage. Centrally located with easy access to restaurants and shopping, this home is perfect for a year-round residence or winter getaway.

Last Agent to Sell the Property

Dan Hamilton

Coldwell Banker Realty License #01923960 Listed on: 04/27/2017

Coldwell Banker Realty

Last Buyer's Agent

Michelle White

Bennion Deville Homes License #01480882

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,645

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • Home has North and South Exposure
  • Block Wall Fence

Property Views

  • Mountain
  • Pool

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 2,765 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Prewired Security

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Tile Bathroom Countertop
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Guest Parking
  • On-Street Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Outdoor Pool
  • Saltwater Pool
  • Above Ground Spa

Utilities

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

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Community Details

  • Olive Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 694330003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,645

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One, Ground
  • Builders Tract Code: Olive Grove
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: All kitchen appliances, washer, dryer, surround stereo system, living room TV, storage cabinets and workbench in garage.
  • List Price per Sq Ft: 198.55
  • Lp Sp Ratio: 0.9745
  • View Type: Mountain(s), Pool
  • Water District Name: CVWD
  • Year Built: 2003
  • Listing I D: 217011916
  • 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: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9254
  • Land Type: Fee
  • Subdivision: Olive Grove
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Electric Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Surround Sound Wired, Open Floorplan
  • Fireplace Features: Tile
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down, Walk In Closet, Master Suite
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Tile Shower, Tile Counters, Shower Over Tub, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Formal Dining Room
  • Kitchen Features: Island, Granite Tile Counters, Pantry
  • Laundry: Laundry Area
  • Estimated Sq Ft: 2765.00
  • Windows Treatments: Double Pane Windows, Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, Salt Water
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Above Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Direct Entrance, Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Volt 220: In Laundry
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Prewired For Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Lot Info

  • Assessor Parcel Number: 694330003
  • Lot Acres: 0.2500
  • Lot Size: 10890.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Paniz Franklin Jack and Paniz Neela Deva
Bought by
Paniz Franklin J and Paniz Neela Deva
Total Days on Market
222
Current Estimated Value
$883,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,600
Outstanding Balance
$471,732
Interest Rate
2.71%
Mortgage Type
VA
Estimated Equity
$386,848

Purchase Details

Closed on
Nov 21, 2019
Sold by
Paniz Franklin Jack and Paniz Neela Deva
Bought by
Paniz Franklin J and Paniz Neela Deva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,600
Interest Rate
3.6%

Purchase Details

Listed on
Apr 27, 2017
Closed on
Dec 7, 2017
Sold by
Cain Bernard L and Cain Barbara P
Bought by
Paniz Franklin J and Paniz Neela Deva
Seller's Agent
Dan Hamilton
Coldwell Banker Realty
Buyer's Agent
Michelle White
Bennion Deville Homes
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.61%
Original Mortgage
$531,504
Interest Rate
3.9%
Mortgage Type
VA

Purchase Details

Closed on
Jan 14, 2015
Sold by
Cain Bernard L and Cain Barbara P
Bought by
The Bernard L Cain Jr & Barbara P Cain F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 14, 2003
Sold by
Santa Monica 3 Developers Llc
Bought by
Cain Bernard L and Cain Barbara P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Paniz Franklin J -- Corinthian Title Company Inc
Paniz Franklin Jack -- Corinthian Title Company Inc
Paniz Franklin J -- Corinthian Title Company Inc
Paniz Franklin Jack -- Corinthian Title Company Inc
Paniz Franklin J $535,000 Equity Title Company
The Bernard L Cain Jr & Barbara P Cain F -- Nextitle
Cain Bernard L -- Nextitle
Cain Bernard L $415,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paniz Franklin Jack $522,600
Closed Paniz Franklin Jack $522,600
Previous Owner Paniz Franklin J $531,504
Previous Owner Cain Bernard L $417,000
Previous Owner Cain Bernard L $261,947
Previous Owner Cain Bernard L $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2018 01/12/18 Sold $535,000 -2.6% $193 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/01/2017 11/01/17 Price Changed $549,000 0.0% $199 / Sq Ft
11/01/2017 11/01/17 For Sale $549,000 -1.8% $199 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $559,000 -- $202 / 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 $3,645 $228,984 $32,101 $196,883
2022 $3,490 $224,495 $31,472 $193,023
2021 $3,397 $220,094 $30,855 $189,239
2020 $3,225 $217,838 $30,539 $187,299
2019 $3,173 $213,568 $29,941 $183,627
2018 $6,882 $518,550 $124,947 $393,603
2017 $6,777 $508,384 $122,498 $385,886
2016 $6,289 $475,000 $114,000 $361,000
2015 $5,859 $451,000 $109,000 $342,000
2014 $5,746 $443,000 $107,000 $336,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217011916

California Desert Association of REALTORS®

APN: 694-330-003