NOT LISTED FOR SALE

74116 Academy Ln E Palm Desert, CA 92211

Estimated Value: $618,000 - $705,923

4 Beds
3 Baths
2,177 Sq Ft
$296/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $375,000 $172 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,860/month

216 Days on Market

About This Home

As of July 2016

Value pricing on a cul-de-sac with gorgeous mountain views! College View Estates is a desirable North Palm Desert community with 16 homes for an intimate feel. Four bedrooms, two are master suites! Walk in closets offer plenty of room to keep your belongings organized. Kitchen has double ovens, gas cooktop, microwave, and granite counters. Swim and play in your private pool and spa - the outdoor shower is a bonus! Tile flooring throughout with carpeting in living room and bedrooms. Ceiling fans in common areas and bedrooms. Covered veranda in back yard offers shade plus two ceiling fans to keep you cool while poolside. Garage has workbench and built in cabinets for extra storage. Block wall encloses large back yard. Single level home. Lots of nice upgrades. No HOA and you own the land!

Last Agent to Sell the Property

Brittany Schoor

Socalhomeshop Inc. License #01468869 Listed on: 11/30/2015

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Year Built

2003

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Active Date: 2015-11-30
  • Full Bathroom: 3
  • Building Size: 2177.0
  • Building Structure Style: Mediterranean
  • Driving Directions: Near intersection of Frank Sinatra and Portola. From Frank Sinatra, take Shepherd Lane to Academy Lane East and make right. House will be on left.
  • Full Street Address: 74116 ACADEMY LN
  • Pool Descriptions: Private Pool
  • Primary Object Modification Timestamp: 2016-07-18
  • Spa Descriptions: Private Spa
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2003

Interior Features

  • Advertising Remarks: Value pricing on a cul-de-sac with gorgeous mountain views! College View Estates is a desirable North Palm Desert community with 16 homes for an intimate feel. Four bedrooms, two are master suites! Walk in closets offer plenty of room to keep your belo
  • Total Bedrooms: 4
  • Builders Tract Code: 3360
  • Builders Tract Name: COLLEGE VIEW ESTATES
  • Fireplace: Yes
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Garbage Disposal
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry Area
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 10019
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Parking Features: Driveway
  • Parking Type: Garage - Two Door

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2015
Closed on
Jun 24, 2016
Sold by
Abbas Elham
Bought by
Abbasi Mehrdad L
Seller's Agent
Brittany Schoor
Socalhomeshop Inc.
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%
Current Estimated Value
$643,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,481
Avg. Annual Appreciation
5.73%
Original Mortgage
$245,000
Outstanding Balance
$195,436
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$448,045

Purchase Details

Listed on
Nov 30, 2015
Closed on
Jun 10, 2016
Sold by
Hester Robert M and Burney Deborah L
Bought by
Abbasi Mehrdad L
Seller's Agent
Brittany Schoor
Socalhomeshop Inc.
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$380,000
Sold Price
$375,000
Premium/Discount to List
-$5,000
-1.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$195,436
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$448,045

Purchase Details

Closed on
Apr 29, 2004
Sold by
Perricone Alice C
Bought by
Hester Robert M and Burney Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
5.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 8, 2003
Sold by
Hitchcock Stanley E
Bought by
Perricone Alice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Abbasi Mehrdad L -- First American Title Company
Abbasi Mehrdad L $375,000 First American Title Company
Hester Robert M $405,000 Commonwealth Land Title Co
Perricone Alice C -- First American Title Co
Perricone Alice C $303,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbasi Mehrdad L $245,000
Previous Owner Hester Robert M $324,000
Previous Owner Perricone Alice C $242,400
Closed Hester Robert M $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $375,000 0.0% $172 / Sq Ft
04/16/2016 04/16/16 Off Market $375,000 -- --
04/04/2016 04/04/16 Price Changed $375,000 -1.3% $172 / Sq Ft
11/30/2015 11/30/15 For Sale $380,000 0.0% $175 / Sq Ft
08/11/2013 08/11/13 Rented $2,000 0.0% --
08/10/2013 08/10/13 Under Contract -- -- --
08/01/2013 08/01/13 For Rent $2,000 -- --
Source: The MLS

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 $6,141 $435,213 $108,801 $326,412
2023 $6,141 $418,315 $104,577 $313,738
2022 $5,970 $410,114 $102,527 $307,587
2021 $5,809 $402,073 $100,517 $301,556
2020 $5,528 $397,951 $99,487 $298,464
2019 $5,434 $390,149 $97,537 $292,612
2018 $5,335 $382,500 $95,625 $286,875
2017 $5,253 $375,000 $93,750 $281,250
2016 $5,899 $432,000 $108,000 $324,000
2015 $5,293 $393,000 $98,000 $295,000
2014 $5,048 $379,000 $95,000 $284,000
Source: Public Records

Agents Affiliated with this Home

  • Brittany Schoor

    Seller's Agent in 2016

    Brittany Schoor

    Socalhomeshop Inc.

    (760) 449-7000

    43 Total Sales

    Brittany Schoor
    Section Image

  • N

    Buyer's Agent in 2016

    NonMember AgentDefault

    NonMember OfficeDefault

  • J

    Seller's Agent in 2013

    Joyce Witten

    Evergreen Realty

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Map

Source: The MLS

MLS Number: 15-961151PS

The MLS

APN: 694-221-005

California Riverside County Palm Desert 92211

74116 Academy Ln E, Palm Desert, CA

Not Listed for Sale

Detached

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