NOT LISTED FOR SALE

74120 Alessandro Dr Palm Desert, CA 92260

Palma Village Groves Neighborhood

Estimated Value: $667,000 - $805,000

4 Beds
3 Baths
2,150 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $764,000 $355 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,874/month

141 Days on Market

Highlights

  • Granite Countertops
  • Lawn
  • Fenced Yard
  • Palm Desert High School Rated A
  • Covered Patio or Porch
  • Galley Kitchen

About This Home

As of July 2023

Close to El Paseo! INCOME PROPERTY at it's best! This property is made up of two Buildings. The front house is approx 1200 sq feet. This house has two bedrooms and one bathroom with a large living room. The kitchen has stainless steel appliances and has a large dining area. Laminate flooring throughout. Central air and heat with Smart Thermostat. Covered patio in large fenced-in private back yard. Single car garage with garage door opener. Washer and dryer are located in garage. Single car carport right out front of house. The back building is a duplex with two - one bedroom one bath units. Each duplex unit is approximately 550 square feet. Laminate flooring throughout. Stainless steel appliances. Private enclosed courtyard for each unit. Each unit has two split ac/heat units. Very private. All units have their own meters for all utilities except water, which is paid for by owner. Landscape is desert plants with grass lawn in the backyard of the house. It appears that there is room for a pool. These units were all update approximately 5 years ago. The city of Palm Desert owns the property and retaining wall next door. Currently the house rents for $1500 a month, the back units are $1100 each per month. Rents are below market price however two Tenants have been renting for over five years. The seller is a Real Estate Agent and this sale is be a 1031 Exchange. Please do not bother tenants. Please drive by. Prequalification letter required for showing.

Last Agent to Sell the Property

Tony Aguilar

All American Properties License #00522952 Listed on: 02/05/2023

Last Buyer's Agent

Jessica Blanchard

Bennion Deville Homes License #01889223

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,555

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • South Facing Home
  • Fenced Yard
  • Drip System Landscaping
  • Sprinkler System
  • Lawn
  • Property is zoned R304M

Parking

  • 1 Car Attached Garage
  • 3 Open Parking Spaces
  • 1 Attached Carport Space
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Interior Block Wall
  • Composition Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Laminate Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water, gardener
  • Assessor Parcel Number 625-082-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,555

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Other
  • Living Area: 2150
  • Lot Acreage: 0.2200
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1957
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drywall Walls, Block Walls
  • Number Dishwasher: 3
  • Number Disposal: 3
  • Number Range: 33
  • Number Refrigerator: 3
  • Flooring: Laminate
  • Appliances: Built-In And Free Standing, Microwave, Oven, Self Cleaning Oven, Gas
  • Bedrooms: 4
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Galley Kitchen
  • Laundry: Inside, In Unit, In Kitchen, Garage
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Microwave, Water Line to Refrigerator, Washer, Refrigerator, Range/Oven, Stackable W/D Hookup
  • Price Per S Q F T: 355.35
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: Two On A Lot
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Number Patio: 3
  • Patio: Concrete Slab, Covered, Porch - Rear
  • Pool: No
  • Roof: Asphalt, Composition
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 1
  • Other Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Attached, Carport Attached, Door Opener, Driveway - Concrete, Garage Is Attached
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Water District: Coachella Water
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 0
  • Security: Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System, Drip System
  • Assessed Improvement Percent: 75.00
  • Assessed Improvement Value: 357042
  • Assessed Land Percent: 25
  • Assessed Land Value: 119013
  • Assessor Parcel Number: 625-082-024
  • Lot Description: Fenced Yard, Lawn, Landscaped, Yard, Walk Street
  • Lot Location: City
  • Lot Size Area: 9583

Rental Info

  • Number Leased: 3
  • Total Actual Rent: 44400.00
  • Land Lease Type: Fee
  • Owner Pays: Water, Gardener
  • Rent Control: No
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 12000
  • Type Of Units: House/2units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2023
Closed on
Jun 27, 2023
Sold by
Darcel Ann Murphy Revocable Living Trust
Bought by
Loza-Jimenez Adriana
Seller's Agent
Tony Aguilar
All American Properties
Buyer's Agent
Jessica Blanchard
Bennion Deville Homes
List Price
$835,999
Sold Price
$764,000
Premium/Discount to List
-$71,999
-8.61%
Views
3
Current Estimated Value
$733,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,008
Avg. Annual Appreciation
-1.88%
Original Mortgage
$611,200
Outstanding Balance
$596,347
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$137,645

Purchase Details

Closed on
Dec 18, 2017
Sold by
Murphy Darcel A
Bought by
Murphy Darcel Ann and Darcel Ann Murphy Revocable Living Trust

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 3, 2017
Sold by
Stomel Joshua Aaron and Stomel Vivian
Bought by
Murphy Darcel
Seller's Agent
Ryan Stomel
Ryan Stomel
Buyer's Agent
Darci Murphy
All American Properties
List Price
$459,000
Sold Price
$444,000
Premium/Discount to List
-$15,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Leblanc Marc
Bought by
Aaron Stomel Joshun and Stonel Vivian

Purchase Details

Closed on
Mar 25, 2013
Sold by
Stemblanc
Bought by
Leblanc Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2009
Sold by
Ieromnimon Nicholas G
Bought by
Stemblanc

Purchase Details

Closed on
Nov 8, 2004
Sold by
Anderson Wes C and Ieromnimon Nicholas G
Bought by
Ieromnimon Nicholas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
2.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 2000
Sold by
Winter George Major
Bought by
Winter Dorothy

Purchase Details

Closed on
May 9, 2000
Sold by
Byes Ronald R and Schaefer Droffaw D
Bought by
Anderson Wes C and Ieromnimon Nicholas G

Purchase Details

Closed on
May 14, 1998
Sold by
Hall Martha L
Bought by
Byes Ronald R and Droffaw Schaefer D

Purchase Details

Closed on
Feb 17, 1995
Sold by
Hall Martha L
Bought by
Hall Martha L and Droffan Schaefer D
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
Loza-Jimenez Adriana $764,000 None Listed On Document
Murphy Darcel Ann -- None Available
Murphy Darcel $444,000 Ticor Title Company Of Calif
Aaron Stomel Joshun $260,000 Lawyers Title Co
Leblanc Marc -- Ticor Title Company
Stemblanc $210,000 Orange Coast Title Of Ca
Ieromnimon Nicholas G -- --
Winter Dorothy -- First American Title Co
Anderson Wes C $160,000 First American Title Co
Byes Ronald R -- --
Bye Ronald R -- --
Hall Martha L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loza-Jimenez Adriana $611,200
Previous Owner Leblanc Marc $150,500
Previous Owner Ieromnimon Nicholas G $352,500
Previous Owner Ieromnimon Nicholas G $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $764,000 0.0% $355 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/14/2023 06/14/23 Price Changed $764,000 -0.3% $355 / Sq Ft
05/15/2023 05/15/23 Price Changed $765,999 -1.2% $356 / Sq Ft
05/04/2023 05/04/23 Price Changed $774,999 -0.6% $360 / Sq Ft
03/06/2023 03/06/23 Price Changed $779,999 -6.7% $363 / Sq Ft
02/05/2023 02/05/23 For Sale $835,999 +88.3% $389 / Sq Ft
10/10/2017 10/10/17 Sold $444,000 -3.3% $204 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $459,000 -- $211 / Sq Ft
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
2025 $11,555 $779,280 $234,600 $544,680
2023 $11,555 $485,575 $121,393 $364,182
2022 $7,589 $476,055 $119,013 $357,042
2021 $7,340 $466,722 $116,680 $350,042
2020 $7,230 $461,937 $115,484 $346,453
2019 $7,107 $452,880 $113,220 $339,660
2018 $6,990 $444,000 $111,000 $333,000
2017 $4,321 $233,554 $58,386 $175,168
2016 $4,222 $228,976 $57,242 $171,734
2015 $4,196 $225,538 $56,383 $169,155
2014 $3,694 $221,123 $55,280 $165,843
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tony Aguilar

    All American Properties

    Section Image

  • J

    Buyer's Agent in 2023

    Jessica Blanchard

    Bennion Deville Homes

    Section Image

  • R

    Seller's Agent in 2017

    Ryan Stomel

    Ryan Stomel

    (818) 515-2111

    8 Total Sales

    Ryan Stomel
    Section Image

  • D

    Buyer's Agent in 2017

    Darci Murphy

    All American Properties

See All Agents

Map

Source: The MLS

MLS Number: 23-237231

The MLS

APN: 625-082-024

California Riverside County Palm Desert 92260 Palma Village Groves

74120 Alessandro Dr, Palm Desert, CA

This home is located at 74120 Alessandro Dr, Palm Desert, CA 92260 since 05 February 2023 and is currently estimated at $733,992, approximately $341 per square foot. This property was built in 1957. 74120 Alessandro Dr 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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.
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