74100 El Cortez Way Palm Desert, CA 92260
Palma Village Groves Neighborhood
5
Beds
5
Baths
2,100
Sq Ft
6,970
Sq Ft Lot
Highlights
- Guest House
- Mountain View
- 1 Car Detached Garage
- Palm Desert High School Rated A
- Property is near a park
- Side by Side Parking
About This Home
As of May 2023Centrally located 5-bedroom, 5-bath mid-century modern home, including a detached casita, is now on the market. Just blocks from El Paseo, this home is located in a quiet neighborhood close to bus lines, major shopping and restaurants. Many upgrades were completed, including kitchen and bathrooms. Come see for yourself!
Last Agent to Sell the Property
Doug Fischer
Coldwell Banker Realty License #01299270 Listed on: 09/01/2016
Last Buyer's Agent
David Kibbey
Coldwell Banker Residential Brokerage
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,236
Year Built
- Built in 1961
Lot Details
- 6,970 Sq Ft Lot
- South Facing Home
- Block Wall Fence
- Rectangular Lot
- Paved or Partially Paved Lot
- Level Lot
- Sprinklers on Timer
Home Design
- Slab Foundation
- Foam Roof
- Stucco Exterior
Interior Spaces
- 2,100 Sq Ft Home
- 1-Story Property
- Decorative Fireplace
- Electric Fireplace
- Blinds
- Sliding Doors
- Entrance Foyer
- Living Room with Fireplace
- Dining Area
- Ceramic Tile Flooring
- Mountain Views
Kitchen
- Gas Range
- Dishwasher
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- 220 Volts In Laundry
- Gas Dryer Hookup
Parking
- 1 Car Detached Garage
- Side by Side Parking
- Guest Parking
Location
- Ground Level
- Property is near a park
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Property is located within a water district
- Water Heater
- Cable TV Available
Additional Features
- Wheelchair Access
- Concrete Porch or Patio
- Guest House
Listing and Financial Details
- Assessor Parcel Number 625061007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 29, 2023
Closed on
Apr 25, 2023
Sold by
Demayo John
Bought by
Payne Robert Allen and Johnston Brian Allan
Seller's Agent
Adam Gilbert
The Firm Brokerage
Buyer's Agent
Vincent D'Angerio
Town Real Estate
List Price
$779,000
Sold Price
$765,000
Premium/Discount to List
-$14,000
-1.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,536
Avg. Annual Appreciation
1.54%
Original Mortgage
$612,000
Outstanding Balance
$602,317
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$189,034
Purchase Details
Closed on
Oct 25, 2018
Sold by
Purple Windscreen Llc
Bought by
Demayo John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 1, 2016
Closed on
Oct 11, 2016
Sold by
Pejovic George and Pejovic Lidija
Bought by
Purple Windscreen Llc
Seller's Agent
Doug Fischer
Coldwell Banker Realty
Buyer's Agent
David Kibbey
Coldwell Banker Residential Brokerage
List Price
$329,000
Sold Price
$308,000
Premium/Discount to List
-$21,000
-6.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$388,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2009
Sold by
Pejovic George and Pejovic Lidija
Bought by
Pejovic George and Pejovic Lidija
Purchase Details
Closed on
Feb 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Pejovic George and Pejovic Lidija
Purchase Details
Closed on
Jul 9, 2008
Sold by
Mai Tommy Than
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
Jun 24, 2005
Sold by
Mai Tommy Than and Mai Than T
Bought by
Mai Tommy Than
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 11, 2001
Sold by
Theisen Deborah
Bought by
Mai Than T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,117
Interest Rate
7.06%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 1, 1995
Sold by
Wilson John and Wilson Kathy
Bought by
Theisen Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,950
Interest Rate
7.67%
Mortgage Type
FHA
Similar Homes in Palm Desert, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $765,000 | Fidelity National Title Compan | |
| Grant Deed | -- | Westminster Title Company In | |
| Grant Deed | $308,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $134,000 | Chicago Title Company | |
| Trustee Deed | $212,500 | Accommodation | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Ins Co | |
| Grant Deed | $135,000 | Chicago Title Co | |
| Grant Deed | $97,500 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $612,000 | New Conventional | |
| Previous Owner | $498,683 | New Conventional | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $388,000 | New Conventional | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $312,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $78,000 | Stand Alone Second | |
| Previous Owner | $316,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $39,500 | Credit Line Revolving | |
| Previous Owner | $83,000 | Credit Line Revolving | |
| Previous Owner | $238,323 | Unknown | |
| Previous Owner | $34,000 | Credit Line Revolving | |
| Previous Owner | $138,040 | FHA | |
| Previous Owner | $133,117 | FHA | |
| Previous Owner | $96,950 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2023 05/17/23 | Sold | $765,000 | -1.8% | $303 / Sq Ft |
| 03/29/2023 03/29/23 | For Sale | $779,000 | +152.9% | $309 / Sq Ft |
| 11/01/2016 11/01/16 | Sold | $308,000 | -6.4% | $147 / Sq Ft |
| 10/05/2016 10/05/16 | Pending | -- | -- | -- |
| 09/01/2016 09/01/16 | For Sale | $329,000 | -- | $157 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $10,236 | $1,518,979 | $72,829 | $1,446,150 |
| 2023 | $10,236 | $392,371 | $85,893 | $306,478 |
| 2022 | $5,525 | $384,678 | $84,209 | $300,469 |
| 2021 | $5,334 | $377,136 | $82,558 | $294,578 |
| 2020 | $5,245 | $373,270 | $81,712 | $291,558 |
| 2019 | $5,624 | $341,442 | $80,110 | $261,332 |
| 2018 | $4,344 | $314,160 | $78,540 | $235,620 |
| 2017 | $4,257 | $308,000 | $77,000 | $231,000 |
| 2016 | $2,271 | $145,757 | $47,859 | $97,898 |
| 2015 | $2,266 | $143,570 | $47,141 | $96,429 |
| 2014 | $2,106 | $140,759 | $46,218 | $94,541 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Adam Gilbert
The Firm Brokerage
(760) 327-1285
1 in this area
73 Total Sales
-
Buyer's Agent in 2023
Vincent D'Angerio
Town Real Estate
(408) 807-3251
1 in this area
26 Total Sales
-
D
Seller's Agent in 2016
Doug Fischer
Coldwell Banker Realty
-
D
Buyer's Agent in 2016
David Kibbey
Coldwell Banker Residential Brokerage
Map
Source: California Desert Association of REALTORS®
MLS Number: 216024908
APN: 625-061-007
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