NOT LISTED FOR SALE

74116 Academy Ln E Palm Desert, CA 92211

Estimated Value: $658,000 - $795,000

4 Beds
3 Baths
2,177 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 11, 2016

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

Est. 94% increase in value since last sale

Current estimated payment $4,590/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 Listed By

Brittany Schoor

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,141

Year Built

2003

Lot Details

0

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%
Total Days on Market
216
Current Estimated Value
$728,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,531
Avg. Annual Appreciation
7.76%
Original Mortgage
$245,000
Outstanding Balance
$198,045
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$530,486

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
$198,045
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$530,486

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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Similar Homes in Palm Desert, CA

  • 35719 Mccarthy St, Palm Desert, CA 92211

    $649,000

    • 3 Beds
    • 2.5 Baths
    • 1,880 Sq Ft
    • 35719 Mccarthy St
    • Palm Desert, CA

    Built by Woodbridge Pacific Group, this modern residence is designed to meet the needs of your contemporary lifestyle. You can even purchase this home with all the furnishings at no extra cost! This thoughtfully designed home features 3 spacious bedrooms, 2.5 bathrooms, & touches of custom paint. The interior showcases upgraded luxury vinyl plank flooring, complemented by durable tile in the

    Terry Limburg Aramis Realty Group Inc.

    Section Image
  • 1 Verde Way, Palm Desert, CA 92260

    $550,000

    • 3 Beds
    • 2 Baths
    • 1,303 Sq Ft
    • 1 Verde Way
    • Palm Desert, CA

    Discover the perfect blend of comfort and style in this beautifully renovated home, ideally situated on a prime corner lot in the sought-after Silver Sands Racquet Club of Palm Desert. Step inside to find a light-filled great room with vaulted ceilings, a cozy fireplace, and walls of windows that showcase breathtaking mountain views. The split floor plan offers two master suites, ensuring privacy

    Fatima Nordquist Beverly Hills Fine Homes

    Section Image
  • 75715 Heritage W, Palm Desert, CA 92211

    $739,000

    • 3 Beds
    • 3 Baths
    • 2,331 Sq Ft
    • 75715 Heritage W
    • Palm Desert, CA

    Fantastic south facing views overlooking the manicured 4th fairway of the desirable Avondale Golf Club, a private guard-gated community located in the heart of Palm Desert. Upon entering the home you are welcomed through two beautiful glass doors into the foyer. A spacious Open Floor Plan creates a seamless transition for indoor-outdoor living. The kitchen area overlooks the dining great room

    The Briggs Group Coldwell Banker Realty

    Section Image
  • 44695 Monaco Cir, Palm Desert, CA 92260

    $550,000

    • 3 Beds
    • 2 Baths
    • 1,584 Sq Ft
    • 44695 Monaco Cir
    • Palm Desert, CA

    *Coming Soon* UNFURNISHED 3-bedroom, 2-bathroom free standing one level condominium with a walled yard open to community park area. Granite kitchen. This popular floor plan offers a dining area and also a breakfast nook. Wood flooring in living room and all three bedrooms. 2-car attached 465sf garage has direct access. The Hidden Palms community is a guard gated community with walking trail, lush

    Karen Webster Coldwell Banker Realty

    Section Image
  • 72629 Pitahaya St, Palm Desert, CA 92260

    $639,000

    • 2 Beds
    • 2 Baths
    • 1,253 Sq Ft
    • 72629 Pitahaya St
    • Palm Desert, CA

    Location location against the mountains next to El Paseo spectacular mountain view this design consist of two bedrooms and two bathrooms that have been updated with tile countertops custom flooring and tiled showers with sliders going outside the living room has lots of windows and skylights that brings the outside light in completely renovated galley kitchen with all new cabinets countertops and

    Jeff Litton HomeSmart

    Section Image
  • 74119 Academy Ln E, Palm Desert, CA 92211

    $714,900

    • 3 Beds
    • 2 Baths
    • 2,275 Sq Ft
    • 74119 Academy Ln E
    • Palm Desert, CA

    Welcome home to this stunning South-facing pool property in prestigious Palm Desert!Located just minutes from the exciting new Cotino development and only an 8-minute drive to Desert Willow renowned public golf course, this beautifully maintained home offers no HOA dues and an unbeatable location.Inside, you'll find a spacious, seamless floor plan with generously sized bedrooms, brand-new

    Liz Jones KW Temecula

    Section Image
  • 74098 Imperial Ct W, Palm Desert, CA 92211

    $725,000

    • 3 Beds
    • 2.5 Baths
    • 1,991 Sq Ft
    • 74098 Imperial Ct W
    • Palm Desert, CA

    Unique, spacious and completely move in ready with a gourmet kitchen, spacious master suite and split floor plan - perfect for gatherings, entertaining and daily living. Plenty of room for guests & friends inside and out - including a putting green.The master suite includes a large spa bath, dual sinks, walk in closet and granite counter tops. The kitchen featyres a gas range, cabinets galore

    Marilyn Sanderson

    Section Image
  • 74121 Kingston Ct E, Palm Desert, CA 92211

    $849,000

    • 4 Beds
    • 3.5 Baths
    • 2,637 Sq Ft
    • 74121 Kingston Ct E
    • Palm Desert, CA

    This Move-in Ready Resort Property reflects the pride of ownership in acontemporary resort-like home, renovated and updated throughout. A smart open floor planwith an en-suite master bedroom on one side and three bedrooms on the other, including asecond en-suite master bedroom. A police-response alarm system and motion detector floodlights are positioned throughout the entire home perimeter. An

    Richard Martin Richard Martin Realty

    Section Image
  • 74377 Andrews Dr, Palm Desert, CA 92211

    $899,999

    • 3 Beds
    • 2 Baths
    • 2,165 Sq Ft
    • 74377 Andrews Dr
    • Palm Desert, CA

    Welcome to this stunning modern-contemporary home in the heart of University Park, Palm Desert. This elegant 3-bedroom, 2-bathroom residence, inspired by mid-century modern design, offers 2,165 square feet of living space on an expansive 12,000-square-foot lot, making it the largest in the community. Loaded with over $400,000 in custom upgrades, this home is the epitome of a designer's touch and

    Kyle Garman Keller Williams Realty

    Section Image

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
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 Change Sq Ft Price
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 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
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

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-961151PS

The MLS

APN: 694-221-005