$271,000
SOLD DEC 3, 2015

74130 El Cortez Way Palm Desert, CA 92260

Palma Village Groves Neighborhood
3 Beds
2 Baths
1,912 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

5% Above List Price

31 Days on Market

About This Home

As of June 2021

Great property for first time buyer or investor! Centrally located in Palm Desert: walking distance to El Paseo shopping, eating and entertainment. The interior has open floor plan, freshly painted, beautiful kitchen with granite counter tops and much more. Landscaping is mature and beautiful. Has covered patio area to enjoy outside living.

Last Agent to Sell the Property

Glenn Dale Weaver

GDW Realty License #01738034 Listed on: 10/23/2015

Last Buyer's Agent

Renee Aguilar

Premier Southland Properties License #01212148

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,905

Year Built

1961

Lot Details

0

Listing Details

  • Active Date: 2015-10-23
  • Full Bathroom: 2
  • Building Size: 1912.0
  • Building Structure Style: Mid Century
  • Driving Directions: from Hwy 111 turn north onto Portola and after first stop light turn right (east) onto El Cortez house will be on your left
  • Full Street Address: 74130 EL CORTEZ WAY
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2015-12-06
  • View Type: No View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Eating Areas: Dining Area
  • Advertising Remarks: Great property for first time buyer or investor! Centrally located in Palm Desert: walking distance to El Paseo shopping, eating and entertainment. The interior has open floor plan, freshly painted, beautiful kitchen with granite counter tops and much m
  • Total Bedrooms: 3
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Fireplace: No
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Outside
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 6970
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Parking Type: Carport Attached

Utilities

  • Cooling Type: Central A/C, Wall Unit(s)
  • 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
May 19, 2021
Closed on
Jun 16, 2021
Sold by
Delfin Rutilo Valerio
Bought by
Ruth Nichole and Ulrich Gregory
Seller's Agent
Anabel Simpson
T.N.G. Real Estate Consultants
List Price
$398,000
Sold Price
$405,000
Premium/Discount to List
$7,000
1.76%
Current Estimated Value
$542,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,883
Avg. Annual Appreciation
7.28%
Original Mortgage
$324,000
Outstanding Balance
$294,616
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,267

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 8, 2021
Sold by
Laba Cynthia
Bought by
Delfin Rutilo Valerio
Seller's Agent
Anabel Simpson
T.N.G. Real Estate Consultants
List Price
$398,000
Sold Price
$405,000
Premium/Discount to List
$7,000
1.76%

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
Outstanding Balance
$294,616
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$248,267

Purchase Details

Listed on
Jan 8, 2018
Closed on
May 7, 2018
Sold by
Cheyenne Properties Llc
Bought by
Delfin Rutilo Valerio
Seller's Agent
Renee Aguilar
Premier Southland Properties
Buyer's Agent
Angie Labib
List Price
$319,000
Sold Price
$290,000
Premium/Discount to List
-$29,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.45%
Original Mortgage
$281,300
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 20, 2015
Sold by
Wilson Dianna L
Bought by
Cheyenne Properties Llc
Seller's Agent
Glenn Dale Weaver
GDW Realty
Buyer's Agent
Renee Aguilar
Premier Southland Properties
List Price
$259,000
Sold Price
$271,000
Premium/Discount to List
$12,000
4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jul 9, 2014
Sold by
Labib Bishoy
Bought by
Wilson Dianna L
Seller's Agent
Tanya Moreno
RE/MAX Consultants
Buyer's Agent
Tanya Moreno
RE/MAX Consultants
List Price
$299,000
Sold Price
$205,000
Premium/Discount to List
-$94,000
-31.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%

Purchase Details

Listed on
Apr 11, 2014
Closed on
Jul 3, 2014
Sold by
Arce Olivia
Bought by
Wilson Dianna L
Seller's Agent
Tanya Moreno
RE/MAX Consultants
Buyer's Agent
Tanya Moreno
RE/MAX Consultants
List Price
$299,000
Sold Price
$205,000
Premium/Discount to List
-$94,000
-31.44%

Purchase Details

Closed on
Jul 19, 2004
Sold by
Arce Gregory and Arce Olivia A
Bought by
Arce Gregory and Arce Olivia

Purchase Details

Closed on
Jul 12, 2000
Sold by
Coachella Valley Water District
Bought by
Palm Desert Redevelopment Agency
Source: Public Records

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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 Type Sale Price Title Company
Grant Deed $405,000 Ticor Title Co
Interfamily Deed Transfer -- Ticor Title Co
Grant Deed $290,000 Fidelity National Title
Grant Deed $271,000 Fidelity National Title Co
Interfamily Deed Transfer -- Lawyers Title Company
Grant Deed $205,000 Lawyers Title Company
Interfamily Deed Transfer -- --
Grant Deed $32,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,000 New Conventional
Previous Owner $286,500 New Conventional
Previous Owner $281,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $405,000 +1.8% $212 / Sq Ft
05/19/2021 05/19/21 For Sale $398,000 +37.2% $208 / Sq Ft
06/01/2018 06/01/18 Sold $290,000 +0.3% $152 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
02/22/2018 02/22/18 Price Changed $289,000 -6.6% $151 / Sq Ft
01/17/2018 01/17/18 Price Changed $309,500 -3.0% $162 / Sq Ft
01/08/2018 01/08/18 For Sale $319,000 +17.7% $167 / Sq Ft
12/03/2015 12/03/15 Sold $271,000 +4.6% $142 / Sq Ft
10/23/2015 10/23/15 For Sale $259,000 +26.3% $135 / Sq Ft
07/21/2014 07/21/14 Sold $205,000 -18.0% $107 / Sq Ft
06/11/2014 06/11/14 Price Changed $250,000 -13.5% $131 / Sq Ft
04/23/2014 04/23/14 Price Changed $289,000 -3.3% $151 / Sq Ft
04/11/2014 04/11/14 For Sale $299,000 -- $156 / 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 $5,905 $438,383 $75,769 $362,614
2023 $5,905 $421,362 $72,828 $348,534
2022 $5,557 $413,100 $71,400 $341,700
2021 $4,204 $304,841 $76,210 $228,631
2020 $4,132 $301,716 $75,429 $226,287
2019 $4,056 $295,800 $73,950 $221,850
2018 $3,970 $281,948 $70,487 $211,461
2017 $3,890 $276,420 $69,105 $207,315
2016 $3,796 $271,000 $67,750 $203,250
2015 $3,035 $205,000 $51,250 $153,750
2014 $947 $53,804 $9,400 $44,404
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Anabel Simpson

    T.N.G. Real Estate Consultants

    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michael Simpson

    T.N.G. Real Estate Consultants

    Section Image
  • Maria Perez Moreno

    Buyer Co-Listing Agent in 2021

    Maria Perez Moreno

    eXp Realty of Southern California, Inc

    (760) 898-3751

    1 in this area

    15 Total Sales

    Maria Perez Moreno
    Section Image

  • R

    Seller's Agent in 2018

    Renee Aguilar

    Premier Southland Properties

    Section Image

  • A

    Buyer's Agent in 2018

    Angie Labib

  • A

    Buyer's Agent in 2018

    Anabel Soria

See All Agents

Map

Source: The MLS

MLS Number: 15-953209PS

The MLS

APN: 625-061-010

California Riverside County Palm Desert 92260 Palma Village Groves

74130 El Cortez Way, Palm Desert, CA

This home is located at 74130 El Cortez Way, Palm Desert, CA 92260 and is currently priced at $271,000, approximately $141 per square foot. This property was built in 1961. 74130 El Cortez Way is a home located in Riverside County with nearby schools including Abraham Lincoln Elementary School, La Quinta Middle School, and Palm Desert High School.

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