NOT LISTED FOR SALE

74111 Setting Sun Trail Palm Desert, CA 92260

Estimated Value: $665,000 - $982,609

3 Beds
2 Baths
1,964 Sq Ft
$452/Sq Ft Est. Value

Last Sold February 22, 2017

Last sale price $405,000 $206 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,609/month

53 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Palm Desert High School Rated A
  • Midcentury Modern Architecture
  • Bamboo Flooring

About This Home

As of February 2017

Throw yourself back to the mid century and enjoy this cute, clean, nicely updated south Palm Desert home. Beautiful natural bamboo flooring, textured ceilings, neutral colored walls. Large yard with pool, fruit trees, lawn area, workshed, and excellent location, close to El Paseo, Living Desert,schools, shopping and dining.

Last Agent to Sell the Property

Andi Mallen

Keller Williams Realty License #00679245 Listed on: 11/04/2016

Keller Williams Realty

Co-Listed By

Susan Marshall

Keller Williams Realty License #00705684

Last Buyer's Agent

Roxanne Bauer

Bennion Deville Homes License #01918263

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,856

Year Built

  • Built in 1961

Lot Details

  • 10,454 Sq Ft Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Front Yard

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • High Ceiling
  • Brick Fireplace
  • Custom Window Coverings
  • Blinds
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Workshop
  • Mountain Views
  • Laundry in Kitchen

Kitchen

  • Galley Kitchen
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Bamboo
  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Parking

  • 4 Attached Carport Spaces
  • 4 Car Parking Spaces
  • Tandem Parking

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool

Schools

  • Lincoln Elementary School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Wheelchair Adaptable
  • Covered Patio or Porch
  • Accessory Dwelling Unit (ADU)
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 625272007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,856

Year Built

Built in 1961

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, Leisure Faces South
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: NA323
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Disability Access: Wheelchair Adaptable
  • Entry Location: Ground Level - No Steps, Living Room
  • Included In Sale: Furnishings are negotiable
  • List Price per Sq Ft: 218.43
  • Lp Sp Ratio: 0.9441
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1961
  • Co Listing Member Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Co Listing Member Fax: (760) 619-2433
  • Co Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Co Listing Office Fax: (760) 771-3063
  • Listing I D: 216031730
  • Listing Member Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • Selling Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Gas Range, Exhaust Fan, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: High Ceilings (9 Ft+), Dry Bar
  • Fireplace Features: Brick
  • Flooring: Bamboo, Hardwood, Carpet
  • Bedroom Features: All Bedrooms Down, Master Suite
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Formica Counters, Galley Kitchen
  • Laundry: In Kitchen
  • Estimated Sq Ft: 1964.00
  • Windows Treatments: Custom Window Covering, Blinds

Exterior Features

  • Construction: Stucco, Stone
  • Other Structures: Accessory Bldgs
  • Roofing: Composition, Shingle
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Parking: Attached Carport, Tandem
  • Total Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, Workshop
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Condo/Co-op/Association

  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625272007
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2400
  • Lot Description: Curbs, Street Lighting, Street Public, Street Paved, Level, Lawn, Front Yard
  • Lot Size: 10454.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Lincoln
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2021
Sold by
Mergl Jennifer and Taylor Jennifer
Bought by
Srourian Armen and Srourian Lorig
Current Estimated Value
$887,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$546,507
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$340,645

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 31, 2017
Sold by
Taylor James William
Bought by
Taylor Jennifer
Seller's Agent
Andi Mallen
Keller Williams Realty
Buyer's Agent
Roxanne Bauer
Bennion Deville Homes
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%

Purchase Details

Listed on
Nov 4, 2016
Closed on
Jan 3, 2017
Sold by
Johnson Cynthia Ann
Bought by
Schutt Edwin A
Seller's Agent
Andi Mallen
Keller Williams Realty
Buyer's Agent
Roxanne Bauer
Bennion Deville Homes
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%

Purchase Details

Listed on
Nov 4, 2016
Closed on
Dec 29, 2016
Sold by
Schutt Edwin A
Bought by
Taylor Jennifer
Seller's Agent
Andi Mallen
Keller Williams Realty
Buyer's Agent
Roxanne Bauer
Bennion Deville Homes
List Price
$429,000
Sold Price
$405,000
Premium/Discount to List
-$24,000
-5.59%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Schutt Katherine M
Bought by
Schutt Edwin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Galloway Michael
Bought by
Schutt Edwin A and Schutt Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 19, 2004
Sold by
Armstrong J Craig
Bought by
Galloway Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,962
Interest Rate
5.8%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 2000
Sold by
Armstrong J Craig
Bought by
Armstrong J Craig

Purchase Details

Closed on
Dec 13, 1995
Sold by
Hamilton David W and Hamilton Earline W
Bought by
Armstrong J Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
7.18%
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
Srourian Armen $795,000 Orange Coast Ttl Co Of Socal
Taylor Jennifer -- First American Title Company
Schutt Edwin A -- First American Title Company
Taylor Jennifer $405,000 First American Title Company
Schutt Edwin A -- Lawyers Title Company
Schutt Edwin A $505,000 First American Title Company
Galloway Michael $375,000 Gateway Title Colton
Armstrong J Craig -- Orange Coast Title Company
Armstrong J Craig $103,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srourian Armen $595,000
Previous Owner Schutt Edwin A $310,000
Previous Owner Schutt Edwin A $265,000
Previous Owner Galloway Michael $262,500
Previous Owner Armstrong J Craig $82,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2017 02/22/17 Sold $405,000 0.0% $206 / Sq Ft
12/27/2016 12/27/16 Pending -- -- --
12/23/2016 12/23/16 Off Market $405,000 -- --
12/05/2016 12/05/16 For Sale $429,000 +5.9% $218 / Sq Ft
11/22/2016 11/22/16 Off Market $405,000 -- --
11/04/2016 11/04/16 For Sale $429,000 -- $218 / 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 $10,856 $843,659 $233,465 $610,194
2023 $10,856 $810,900 $224,400 $586,500
2022 $10,336 $795,000 $220,000 $575,000
2021 $5,891 $434,239 $108,559 $325,680
2020 $5,789 $429,787 $107,446 $322,341
2019 $5,682 $421,361 $105,340 $316,021
2018 $5,578 $413,100 $103,275 $309,825
2017 $5,380 $405,000 $122,000 $283,000
2016 $5,150 $389,000 $117,000 $272,000
2015 $5,190 $386,000 $116,000 $270,000
2014 $5,574 $429,000 $129,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216031730

California Desert Association of REALTORS®

APN: 625-272-007