NOT LISTED FOR SALE

Estimated Value: $482,736 - $548,000

2 Beds
2 Baths
1,120 Sq Ft
$463/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $250,000 $223 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,164/month

9 Days on Market

About This Home

As of November 2015

Great location in South Palm Desert, walk to El Paseo shops and restaurants. 2 Bedroom / 2 bath home two car garage. Spacious fenced back yard and room for a pool. Well priced as a starter home or rental investment property.

Last Agent to Sell the Property

Nalo Jones

Luca Realty Trust, Inc. License #01257645 Listed on: 09/21/2015

Last Buyer's Agent

Scott Timberlake

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,160

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Entry Location: Ground Level - no steps, Living Room, Main Level
  • Full Bathroom: 2
  • Building Size: 1120.0
  • Doors: Sliding Glass Door(s)
  • Driving Directions: From Hwy 111, go south on Portola Ave., then east (left) on Fairway Dr. House located on south side of street.
  • Full Street Address: 74225 FAIRWAY DR
  • Pool Descriptions: No Pool
  • Primary Object Modification Timestamp: 2015-11-13
  • View Type: No View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Bathroom Features: Shower Over Tub, Tile
  • Bedroom Features: All Bedrooms Down, Ground Floor Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Eating Areas: Breakfast Counter / Bar, Dining Area, In Kitchen, Kitchen Island
  • Appliances: Microwave, Oven, Range
  • Advertising Remarks: Great location in South Palm Desert, walk to El Paseo shops and restaurants. 2 Bedroom / 2 bath home two car garage. Spacious fenced back yard and room for a pool. Well priced as a starter home or rental investment property.
  • Total Bedrooms: 2
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Fireplace: No
  • Levels: Ground Level, One Level
  • Interior Amenities: Drywall Walls, Recessed Lighting
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet
  • Kitchen Features: Island, Tile Counters
  • Laundry: In Garage
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 7405
  • Common Walls: Detached/No Common Walls
  • Direction Faces: Faces North
  • Entry Floor: 1
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Concrete Slab, Covered
  • Fence: Block Wall
  • Roofing: Composition Shingle
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Features: Driveway
  • Parking Type: Garage Is Attached, Garage, Garage - Two Door

Utilities

  • Sewer: In, Connected & Paid
  • Volt 220: In Garage
  • Water Heater: Gas
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Oct 5, 2015
Sold by
C3t Homes Corp
Bought by
Westcott Jeffrey M
Seller's Agent
Nalo Jones
Luca Realty Trust, Inc.
Buyer's Agent
Nalo Jones
Luca Realty Trust, Inc.
List Price
$270,000
Sold Price
$250,000
Premium/Discount to List
-$20,000
-7.41%
Current Estimated Value
$510,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,016
Avg. Annual Appreciation
7.49%
Original Mortgage
$200,000
Outstanding Balance
$154,816
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$350,384

Purchase Details

Listed on
Sep 15, 2014
Closed on
Sep 22, 2014
Sold by
Schrager Michael and Devery Patricia
Bought by
C3t Homes Corp
Seller's Agent
Marnie Balog
Buyer's Agent
Marnie Balog
List Price
$239,900
Sold Price
$228,000
Premium/Discount to List
-$11,900
-4.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$136,800
Interest Rate
4.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Westcott Jeffrey M $250,000 Chicago Title Company
C3t Homes Corp $228,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westcott Jeffrey M $200,000
Previous Owner C3t Homes Corp $136,800
Previous Owner Schrager Michael $40,000
Previous Owner Schrager Michael $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2015 11/12/15 Sold $250,000 -7.4% $223 / Sq Ft
09/30/2015 09/30/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $270,000 +18.4% $241 / Sq Ft
10/17/2014 10/17/14 Sold $228,000 -5.0% $204 / Sq Ft
10/09/2014 10/09/14 Pending -- -- --
09/15/2014 09/15/14 For Sale $239,900 -- $214 / 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 $4,160 $517,902 $73,984 $443,918
2023 $4,160 $284,453 $71,112 $213,341
2022 $3,882 $278,876 $69,718 $209,158
2021 $3,770 $273,408 $68,351 $205,057
2020 $3,706 $270,606 $67,651 $202,955
2019 $3,638 $265,301 $66,325 $198,976
2018 $3,573 $260,100 $65,025 $195,075
2017 $3,500 $255,000 $63,750 $191,250
2016 $3,416 $250,000 $62,500 $187,500
2015 $3,278 $228,000 $57,000 $171,000
2014 $2,341 $166,858 $84,846 $82,012
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-945801PS

The MLS

APN: 625-185-017