NOT LISTED FOR SALE

74090 El Cortez Way Palm Desert, CA 92260

Palma Village Groves Neighborhood

Estimated Value: $394,000 - $435,000

2 Beds
2 Baths
882 Sq Ft
$465/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $289,000 $328 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,715/month

5 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • Property is near a park
  • Wood Flooring
  • Palm Desert High School Rated A
  • Traditional Architecture
  • Granite Countertops

About This Home

As of October 2020

This home is located at 74090 El Cortez Way, Palm Desert, CA 92260 since 14 September 2020 and is currently estimated at $409,897, approximately $464 per square foot. This property was built in 1946. 74090 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.

Last Agent to Sell the Property

Leonard Bustos

Moving Results Realty License #00865572 Listed on: 09/14/2020

Last Buyer's Agent

Serena Leiterman

Equity Union License #01965152

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 1946

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home
  • Masonry wall
  • Partially Fenced Property
  • Paved or Partially Paved Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Awning
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • 3 Parking Garage Spaces
  • 2 Detached Carport Spaces
  • Driveway

Location

  • Ground Level
  • Property is near a park

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Overhead Utilities
  • Sewer Assessments

Additional Features

  • No Interior Steps
  • Rain Gutters
  • Accessory Dwelling Unit (ADU)

Community Details

  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 625061006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,398

Year Built

Built in 1946

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: Ground
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Casita Features Other: Separate
  • Disability Access: No Interior Steps
  • Entry Location: Ground Level w/Steps, Main Level
  • List Price per Sq Ft: 327.66
  • Lp Sp Ratio: 1.0000
  • Year Built: 1946
  • Listing I D: 219049790
  • Listing Member Address: 67690 Ramon Rd, Cathedral City, CA 92234
  • Listing Office Address: 67690 Ramon Rd, Cathedral City, CA 92234
  • Selling Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Convection Oven, Refrigerator, Gas Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Hardwood
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Granite Counters
  • Estimated Sq Ft: 882.00

Exterior Features

  • Construction: Stucco
  • Other Features: Rain Gutters, Slab
  • Other Structures: Accessory Bldgs, Guest House/Casita
  • Fencing: Masonry, Partial
  • Foundation: Slab
  • Patio: Awning(s)
  • Planned Unit Development: Yes

Garage/Parking

  • Parking: Detached Carport, Driveway
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Wall/Window Unit(s)
  • Heating: Fireplace(s)
  • Heating Fuel: Natural Gas
  • Sewer: Assessments, In, Connected and Paid
  • Water: In Street

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 625061006
  • Lot Acres: 0.1600
  • Lot Description: Back Yard, Yard, Utilities Underground, Utilities - Overhead, Street Lighting, Storm Drains, Private, Street Public, Street Paved, Single Lot, Front Yard, Fenced, Curbs
  • Lot Location: Park Nearby
  • Lot Size: 6970.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 19, 2020
Sold by
Capraro Tricia
Bought by
Capraro Joseph
Seller's Agent
Leonard Bustos
Moving Results Realty
Buyer's Agent
Serena Leiterman
Equity Union
List Price
$289,000
Sold Price
$289,000
Current Estimated Value
$428,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,841
Avg. Annual Appreciation
7.54%
Original Mortgage
$283,765
Outstanding Balance
$253,532
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$156,365

Purchase Details

Listed on
Sep 14, 2020
Closed on
Sep 24, 2020
Sold by
Capraro Joseph
Bought by
Tapia Daniel and Tapia Christina
Seller's Agent
Leonard Bustos
Moving Results Realty
Buyer's Agent
Serena Leiterman
Equity Union
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,765
Outstanding Balance
$253,532
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$156,365

Purchase Details

Closed on
Aug 13, 2016
Sold by
Capraro Joseph
Bought by
Capraro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2007
Sold by
Us Bank Na
Bought by
Capraro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2007
Sold by
Bryant Anna
Bought by
U S Bank Na

Purchase Details

Closed on
Dec 18, 2002
Sold by
Arroyo Vista Inc
Bought by
Bryant Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 6, 2002
Sold by
Stojanovic Tomislav
Bought by
Arroyo Vista Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
5.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 20, 2001
Sold by
Palm Desert Gold Inc
Bought by
Stojanovic Tomislav

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2000
Sold by
Suggs Johnny Bedford and Reed Betty Doyle
Bought by
Palm Desert Gold Inc
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
Capraro Joseph -- Western Resources Title
Tapia Daniel $289,000 Western Resources Title Co
Capraro Joseph -- Timios Title
Capraro Joseph $248,000 First American Title Ins Co
U S Bank Na $270,000 Accommodation
Bryant Anna -- Chicago Title Co
Arroyo Vista Inc $115,000 Chicago Title Co
Stojanovic Tomislav $122,500 Orange Coast Title
Stojanovic Tomislav -- Orange Coast Title
Palm Desert Gold Inc $48,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Daniel $19,417
Open Tapia Daniel $283,765
Previous Owner Capraro Joseph $168,000
Previous Owner Capraro Joseph $198,400
Previous Owner Bryant Anna $15,000
Previous Owner Bryant Anna $299,250
Previous Owner Bryant Anna $10,000
Previous Owner Bryant Anna $229,500
Previous Owner Bryant Anna $161,000
Previous Owner Bryant Anna $37,000
Previous Owner Arroyo Vista Inc $115,000
Previous Owner Stojanovic Tomislav $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $289,000 0.0% $328 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $289,000 -- $328 / 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 $4,398 $312,820 $75,769 $237,051
2023 $4,398 $300,675 $72,828 $227,847
2022 $4,108 $294,780 $71,400 $223,380
2021 $4,010 $289,000 $70,000 $219,000
2020 $2,928 $202,456 $50,346 $152,110
2019 $2,852 $196,560 $48,880 $147,680
2018 $2,757 $189,000 $47,000 $142,000
2017 $2,344 $156,000 $39,000 $117,000
2016 $2,300 $147,000 $37,000 $110,000
2015 $2,027 $123,000 $31,000 $92,000
2014 $1,628 $102,000 $25,000 $77,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Leonard Bustos

    Moving Results Realty

    (760) 578-8480

    1 in this area

    63 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Serena Leiterman

    Equity Union

    (951) 623-9442

    2 in this area

    75 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219049790

California Desert Association of REALTORS®

APN: 625-061-006

California Riverside County Palm Desert 92260 Palma Village Groves

74090 El Cortez Way, Palm Desert, CA

This home is located at 74090 El Cortez Way, Palm Desert, CA 92260 since 14 September 2020 and is currently estimated at $409,897, approximately $464 per square foot. This property was built in 1946. 74090 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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