NOT LISTED FOR SALE

74128 Academy Ln E Palm Desert, CA 92211

Estimated Value: $776,000 - $1,201,000

5 Beds
5 Baths
3,345 Sq Ft
$284/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $895,000 $268 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,333/month

72 Days on Market

Highlights

  • Guest House
  • Pool House
  • Panoramic View
  • Second Kitchen
  • Casita
  • Updated Kitchen

About This Home

As of March 2023

Amazing Opportunity To Own A 5 Bedroom and 5 Bathroom Pool Home In The Heart Of Palm Desert. This completely remodeled home has beautiful custom finishes throughout. The open floor plan features a formal living and dining area beyond the formal entry. The kitchen with Wolf oven and custom quartz peninsula opens to the family room and breakfast table. Master suite features double closets including a large walk in closet. Master bathroom has a sleek slate shower and custom cabinetry. Three additional bedrooms and bathrooms are in the main home. Large guest house is detached and features a kitchenette, new laminate wood floors and a walk in closet. The large backyard with custom pool and spa with fire pit has incredible mountain views. The outdoor living has tons of decking plus a kitchen with a BBQ, sink, fridge, plus plenty of storage. There is abundant entertaining space in the backyard. The spacious side yard has plenty of parking for cars, boats, small RV along with multiple flourishing citrus trees. This property also features tons of parking with a custom black epoxy garage and an extended driveway that easily parks 3-4 vehicles. No HOA. Call me today to see this incredible custom home.

Last Listed By

David Emerson

Coldwell Banker Realty License #01376513 Listed on: 12/09/2022

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,248

Year Built

  • Built in 2003

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Home has sun exposure from multiple directions
  • Block Wall Fence
  • Drip System Landscaping
  • Level Lot
  • Sprinklers on Timer
  • Private Yard
  • Lawn
  • Back and Front Yard

Property Views

  • Panoramic
  • Mountain
  • Desert
  • Hills
  • Pool

Home Design

  • Traditional Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,345 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Double Door Entry
  • French Doors
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Prewired Security

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Second Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Walk-In Closet
  • Two Primary Bathrooms
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Pool

  • Pool House
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Ceramic Spa Tile
  • Outdoor Shower
  • Pool Tile

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Casita
  • Guest House
  • Property is near a park

Community Details

  • College View Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 694221003

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,248

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South, Leisure Faces West, Leisure Faces North
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mediterranean, Traditional
  • Casita Features: Kitchenette
  • List Price per Sq Ft: 265.77
  • Lp Sp Ratio: 1.0100
  • View Type: Desert, Pool, Panoramic, Mountain(s), Hills
  • Water District Name: CVWD
  • Year Built: 2003
  • Listing I D: 219088139
  • Listing Member Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Listing Member Fax: (866) 496-5926
  • Listing Office Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Post Direction: E
  • Selling Member Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Selling Member Fax: (866) 496-5926
  • Selling Office Address: 72-605 Highway 111 Ste B2, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • New Construction: No
  • Subdivision: College View Estates
  • Special Features: None

Interior Features

  • Appliances: Gas/Elec Dryer Hookup, Gas Cooktop, Microwave Oven, Gas Oven, Exhaust Fan, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Bar, Open Floorplan
  • Range Hood: Yes
  • Fireplace Features: Gas Starter, Gas
  • Flooring: Slate, Tile
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: 2 Master Baths, Shower Over Tub, Shower & Tub, Low Flow Toilet(s)
  • Total Bathrooms: 5.00
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Room, Living/Dining Combo, Kitchen Island, Dining Area
  • Kitchen Features: Island, Quartz Counters, Second Kitchen, Remodeled, Pantry, Kitchenette
  • Laundry: Individual Room
  • Estimated Sq Ft: 3345.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Structures: Pool House, Guest House/Casita, Outside Shower
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground, Tile
  • Pool Description: Heated, In Ground, Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Tile
  • Spa Hot Tub Description: Heated, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest, Driveway, Garage Door Opener, Direct Entrance
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 8.00
  • Total Uncovered Assigned Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Dual, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Security: Prewired For Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 694221003
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Description: Back Yard, Yard, Utilities Underground, Street Lighting, Private, Street Public, Single Lot, Sidewalks, Level, Landscaped, Lawn, Front Yard
  • Lot Location: Cul-De-Sac, Park Nearby
  • Lot Size: 10019.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Mar 7, 2023
Sold by
Emerson Linda K Living Trust
Bought by
Blanco Jamir and Franco Priscilla Isabel
Seller's Agent
David Emerson
Coldwell Banker Realty
Buyer's Agent
David Emerson
Windermere Homes and Estates
List Price
$889,000
Sold Price
$895,000
Premium/Discount to List
$6,000
0.67%
Total Days on Market
72
Current Estimated Value
$949,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,049
Avg. Annual Appreciation
2.40%
Original Mortgage
$805,500
Outstanding Balance
$790,766
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$151,747

Purchase Details

Closed on
Aug 12, 2016
Sold by
Wood Julie Ann
Bought by
Emerson Linda K and The Linda K Emerson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2015
Sold by
Wood Gregory B and Wood Julie Ann
Bought by
Wood Julie Ann

Purchase Details

Closed on
Aug 4, 2014
Sold by
Wood Gregory B
Bought by
Wood Gregory B and Wood Julie Ann

Purchase Details

Closed on
Jan 13, 2008
Sold by
Wood Julie Ann
Bought by
Wood Gregory B

Purchase Details

Closed on
Sep 3, 2003
Sold by
College View Estates Iii Llc
Bought by
Wood Gregory Bruce and Wood Julie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Blanco Jamir $895,000 Chicago Title
Emerson Linda K $326,000 Chicago Title Inland Empire
Wood Gregory B -- None Available
Wood Gregory B -- None Available
Wood Gregory Bruce $329,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanco Jamir $805,500
Previous Owner Emerson Linda K $200,000
Previous Owner Wood Gregory B $165,500
Previous Owner Wood Gregory Bruce $240,000
Previous Owner Wood Gregory Bruce $200,000
Previous Owner Wood Gregory Bruce $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $895,000 +0.7% $268 / Sq Ft
12/09/2022 12/09/22 For Sale $889,000 -- $266 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $12,248 $474,092 $117,127 $356,965
2022 $6,681 $464,797 $114,831 $349,966
2021 $6,506 $455,684 $112,580 $343,104
2020 $6,678 $451,012 $111,426 $339,586
2019 $6,082 $442,170 $109,242 $332,928
2018 $5,971 $433,500 $107,100 $326,400
2017 $5,879 $425,000 $105,000 $320,000
2016 $5,978 $438,370 $108,088 $330,282
2015 $5,245 $396,000 $98,000 $298,000
2014 $4,864 $371,000 $91,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219088139

Greater Palm Springs Multiple Listing Service

APN: 694-221-003