NOT LISTED FOR SALE

74089 Jeri Ln Palm Desert, CA 92211

Estimated Value: $673,000 - $809,685

3 Beds
2.5 Baths
2,230 Sq Ft
$341/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $469,000 $210 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,815/month

48 Days on Market

Highlights

  • Pebble Pool Finish
  • 2 Car Attached Garage
  • Tile Flooring
  • Covered patio or porch
  • Solar owned by a third party
  • Central Heating and Cooling System

About This Home

As of April 2019

Come see the definition of a dream home today!!! This home is located in a beautiful neighborhood in Palm Desert California and is a short drive from all major shopping centers and restaurants. The home has three bedrooms and two and a half bathrooms, huge yard with a pool/spa which is perfect for entertaining guest. Don't wait, come see this home today.

Last Agent to Sell the Property

Alex Martinez

HomeSmart License #02032586 Listed on: 01/21/2019

HomeSmart

Last Buyer's Agent

Jason Evans

Coldwell Banker Residential Brokerage License #01351696

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,224

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • North Facing Home
  • Block Wall Fence
  • Misting System
  • Drip System Landscaping
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Fireplace With Glass Doors
  • Living Room with Fireplace
  • Prewired Security

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Pebble Pool Finish
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Ceramic Spa Tile
  • Pool Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Solar owned by a third party
  • Covered patio or porch

Community Details

  • Olive Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 694330002

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,224

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: Olive Grove
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 214.80
  • Lp Sp Ratio: 0.9791
  • Year Built: 2003
  • Listing I D: 219002193
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Olive Grove
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Glass Doors, Tile
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 2230.00

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Financed
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Misters
  • Pool: Yes
  • Pool Construction: Pebble, Tile
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble, Tile
  • Spa Hot Tub Description: Heated - Gas

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Prewired For Alarm
  • Sewer: Unknown
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 694330002
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2500
  • Lot Size: 10890.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Mar 18, 2019
Sold by
Townsend Kenneth R and Townsend Alma I
Bought by
Lee Sang Min
Seller's Agent
Alex Martinez
HomeSmart
Buyer's Agent
Jason Evans
Coldwell Banker Residential Brokerage
List Price
$479,000
Sold Price
$469,000
Premium/Discount to List
-$10,000
-2.09%
Current Estimated Value
$769,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,455
Avg. Annual Appreciation
7.92%
Original Mortgage
$375,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2016
Sold by
Townsend Kenneth R and Townsend Alma I
Bought by
Townsend Kenneth R and Townsend Alma I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2015
Sold by
Townsend Kenneth Ray and Townsend Alma I
Bought by
The Kenneth R & Alma I Townsend Family T

Purchase Details

Listed on
Sep 30, 2013
Closed on
Mar 11, 2014
Sold by
Guerrero Juan and Kathleen Guerrero M
Bought by
Townsend Kenneth Ray and Townsend Alma I
Seller's Agent
Rebecca Pikus
Power Brokers
Buyer's Agent
Alma Townsend
ERA North Orange County
List Price
$459,000
Sold Price
$407,000
Premium/Discount to List
-$52,000
-11.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$257,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 10, 2012
Closed on
Dec 17, 2012
Sold by
Carver Craig A and Carver Suzanne E
Bought by
Gerrero Juan and Kathleen Guerrero M
Seller's Agent
Tim Sarlund and Steven Richitt
Keller Williams Luxury Homes
Buyer's Agent
Doug Jacobsen
Doug Jacobsen, Broker
List Price
$349,000
Sold Price
$349,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.76%

Purchase Details

Closed on
Jan 12, 2010
Sold by
The Bank Of New York Mellon
Bought by
Carver Craig A and Carver Suzanne E

Purchase Details

Closed on
Jul 10, 2009
Sold by
Escudero Horacio M
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 18, 2004
Sold by
Escudero Olivia
Bought by
Escudero Horacio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2004
Sold by
Vu Toni D
Bought by
Escudero Horacio M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Santa Monica 3 Developers Llc
Bought by
Vu Toni D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,410
Interest Rate
4.75%
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
Lee Sang Min $469,000 Fidelity National Ttl Ins Co
Townsend Kenneth R -- Orange Coast Title Company
The Kenneth R & Alma I Townsend Family T -- Accommodation
Townsend Kenneth Ray $407,000 Orange Coast Title
Gerrero Juan $349,000 Orange Coast Title Co
Carver Craig A $346,000 Landsafe Title
The Bank Of New York Mellon $350,000 Landsafe Title
Escudero Horacio M -- Investors Title Company
Escudero Horacio M $485,000 Investors Title Company
Vu Toni D $385,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Sang Min $382,750
Closed Lee Sang Min $382,400
Closed Lee Sang Min $375,200
Previous Owner Townsend Kenneth R $253,000
Previous Owner Townsend Kenneth Ray $257,000
Previous Owner Escudero Horacio M $50,000
Previous Owner Escudero Horacio M $508,000
Previous Owner Escudero Horacio M $388,000
Previous Owner Vu Toni D $346,410
Closed Escudero Horacio M $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $469,000 -2.1% $210 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $479,000 +17.7% $215 / Sq Ft
04/08/2014 04/08/14 Sold $407,000 0.0% $183 / Sq Ft
03/07/2014 03/07/14 Pending -- -- --
03/05/2014 03/05/14 Price Changed $407,000 -1.9% $183 / Sq Ft
02/12/2014 02/12/14 Price Changed $415,000 -2.2% $186 / Sq Ft
01/22/2014 01/22/14 Price Changed $424,500 -1.0% $190 / Sq Ft
12/27/2013 12/27/13 Price Changed $429,000 -1.4% $192 / Sq Ft
11/06/2013 11/06/13 Price Changed $435,000 -2.4% $195 / Sq Ft
10/31/2013 10/31/13 Price Changed $445,500 -2.9% $200 / Sq Ft
09/30/2013 09/30/13 For Sale $459,000 +31.5% $206 / Sq Ft
12/28/2012 12/28/12 Sold $349,000 0.0% $157 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
12/10/2012 12/10/12 For Sale $349,000 -- $157 / 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 $7,224 $523,172 $83,661 $439,511
2023 $7,224 $502,859 $80,413 $422,446
2022 $7,048 $493,000 $78,837 $414,163
2021 $6,865 $483,335 $77,292 $406,043
2020 $6,527 $478,380 $76,500 $401,880
2019 $6,058 $447,253 $111,812 $335,441
2018 $5,946 $438,484 $109,620 $328,864
2017 $5,853 $429,887 $107,471 $322,416
2016 $5,768 $421,459 $105,364 $316,095
2015 $5,561 $415,130 $103,782 $311,348
2014 $4,699 $350,584 $87,646 $262,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219002193

California Desert Association of REALTORS®

APN: 694-330-002