$335,000
SOLD MAR 9, 2015

74220 Old Prospector Trail Palm Desert, CA 92260

2 Beds
2.5 Baths
1,779 Sq Ft
0.25 Acres

Recently Sold

$188 Per Sq Ft

4% Below List Price

32 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Laundry Room
  • Palm Desert High School Rated A
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of April 2016

Great opportunity to fix and flip or fix and live in an ideal south Palm Desert location. Must see to appreciate the potential of this diamond in the rough. Close to El Paseo shops, restaurants, Washington Charter school, Living Desert and so much more.

Last Agent to Sell the Property

Pat Kerrey

Coldwell Banker Realty License #00939733 Listed on: 01/22/2015

Last Buyer's Agent

Steffi Perthus

Coldwell Banker Residential Brokerage License #01878778

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,763

Year Built

  • Built in 1958

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Front Yard

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Elastomeric Roof

Interior Spaces

  • 1,779 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Mountain Views
  • Laundry Room

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Location

  • Ground Level

Utilities

  • Evaporated cooling system
  • Central Heating
  • Property is located within a water district
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 625202004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,763

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Builders Tract Code: NA323
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 196.74
  • Lp Sp Ratio: 0.9571
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1958
  • Listing I D: 215002680
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 340-6193
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 325-4578
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Flooring: Carpet, Concrete
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 1779.00

Exterior Features

  • Roofing: Elastomeric
  • Foundation: Slab
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Evaporative Cooling
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Lot Info

  • Assessor Parcel Number: 625202004
  • Lot Acres: 0.2500
  • Lot Description: Front Yard
  • Lot Size: 10890.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2021
Sold by
Alberts Jayne and Rasoumoff Tamara
Bought by
Alberts Jayne
Current Estimated Value
$808,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,500
Outstanding Balance
$350,689
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$465,101

Purchase Details

Listed on
Aug 11, 2015
Closed on
Apr 28, 2016
Sold by
Osmon Homes Llc
Bought by
Alberts Jayne and Rasoumoff Tamara
Seller's Agent
Steffi Perthus
Coldwell Banker Realty
Buyer's Agent
Steffi Perthus
Coldwell Banker Realty
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$417,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 18, 2015
Sold by
Dau John A
Bought by
Osmon Homes Llc
Seller's Agent
Pat Kerrey
Coldwell Banker Realty
Buyer's Agent
Steffi Perthus
Coldwell Banker Residential Brokerage
List Price
$350,000
Sold Price
$335,000
Premium/Discount to List
-$15,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.09%

Purchase Details

Closed on
Jan 31, 2003
Sold by
Marshall Russell Allan
Bought by
Dau John A and The John A Dau Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
5.85%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Marshall Russell A and Marshall Irma
Bought by
Marshall Russell Allan and Marshall Irma Alice
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
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $500,000 Equity Title Company
Grant Deed $335,000 Equity Title
Grant Deed $233,000 Commerce Title Company
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $386,500 New Conventional
Closed $417,000 New Conventional
Previous Owner $163,100 No Value Available
Previous Owner $19,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $500,000 +1.0% $281 / Sq Ft
12/09/2015 12/09/15 For Sale $495,000 0.0% $278 / Sq Ft
12/09/2015 12/09/15 Price Changed $495,000 -1.0% $278 / Sq Ft
12/07/2015 12/07/15 Off Market $500,000 -- --
11/07/2015 11/07/15 For Sale $519,000 0.0% $292 / Sq Ft
11/07/2015 11/07/15 Price Changed $519,000 +3.8% $292 / Sq Ft
10/31/2015 10/31/15 Off Market $500,000 -- --
09/11/2015 09/11/15 Price Changed $529,000 -0.8% $297 / Sq Ft
09/10/2015 09/10/15 For Sale $533,000 +6.6% $300 / Sq Ft
08/31/2015 08/31/15 Off Market $500,000 -- --
08/11/2015 08/11/15 For Sale $533,000 +59.1% $300 / Sq Ft
04/23/2015 04/23/15 Off Market $335,000 -- --
03/09/2015 03/09/15 Sold $335,000 -4.3% $188 / Sq Ft
01/22/2015 01/22/15 For Sale $350,000 -- $197 / Sq Ft
Source: California Desert Association of REALTORS®

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 $7,763 $1,035,816 $147,972 $887,844
2023 $7,763 $568,912 $142,227 $426,685
2022 $9,200 $557,758 $139,439 $418,319
2021 $7,188 $546,822 $136,705 $410,117
2020 $7,059 $541,216 $135,304 $405,912
2019 $6,929 $530,604 $132,651 $397,953
2018 $6,801 $520,200 $130,050 $390,150
2017 $6,664 $510,000 $127,500 $382,500
2016 $5,024 $377,400 $85,425 $291,975
2015 $3,829 $280,767 $78,611 $202,156
2014 $3,678 $275,269 $77,072 $198,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215002680

California Desert Association of REALTORS®

APN: 625-202-004