NOT LISTED FOR SALE

74245 Covered Wagon Trail Palm Desert, CA 92260

Estimated Value: $746,000 - $895,367

3 Beds
3 Baths
1,850 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $785,000 $424 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,517/month

46 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Midcentury Modern Architecture
  • Palm Desert High School Rated A
  • Open Floorplan
  • Deck

About This Home

As of June 2023

Welcome to the highly desirable neighborhood of South Palm Desert. This beautiful property is located on a quiet street and offers plenty of privacy and seclusion for your relaxation.As you enter the home, you will be greeted by an open and inviting floor plan with high ceilings, fresh paint, and modern finishes throughout the home, with lots of natural light. The great room flows seamlessly from the excellent gourmet kitchen, which boasts granite countertops, ample storage space, and top-of-the-line appliances into the dining and living area with fireplace and views of the delightful garden that wraps around the house.The principal suite has a nice seating area and spacious bathroom, with access to the backyard. The two additional bedrooms are perfect for guests or home office.Outside, you'll find your sparkling pool and spa, mature landscaping, and plenty of lounging areas. This is the perfect place to entertain guests or simply relax with a book on a sunny afternoon. Located within walking distance from the finest shopping, dining, and entertainment on El Paseo, this home offers an unmatched level of enjoyment and convenience. Don't miss the opportunity to make this your home - come and see it today!

Last Agent to Sell the Property

Deirdre Coit

Compass License #00956865 Listed on: 04/27/2023

Compass

Last Buyer's Agent

Damian Costello

HomeSmart License #01970079

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,533

Year Built

  • Built in 1962

Lot Details

  • 10,890 Sq Ft Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Private Lot
  • Sprinkler System

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Security System Leased

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Electric Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Overhead Utilities
  • 220 Volts in Garage
  • Property is located within a water district
  • Hot Water Circulator
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 625265001

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,533

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Ground
  • Building Number Of Stories: 1
  • Building Style: Mid Century, Modern
  • Entry Location: Foyer
  • List Price per Sq Ft: 404.86
  • Lp Sp Ratio: 1.0500
  • Water District Name: CVWD
  • Year Built: 1962
  • Listing I D: 219094217
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Electric Oven, Washer, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Range Hood: Yes
  • Fireplace Features: Gas Starter
  • Flooring: Carpet, Wood, Ceramic Tile
  • Bedroom Features: Main Floor Master Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub, Tile Shower
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Island
  • Laundry: In Garage
  • Estimated Sq Ft: 1850.00
  • Windows Treatments: Drapes, Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Composition Shingle
  • Fencing: Block
  • Foundation: Slab
  • Patio: Deck
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Hot Tub
  • Spa Hot Tub Description: Heated - Gas

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Security System Leased
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas, Hot Water Circulator

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625265001
  • Irrigation: Sprinkler System
  • Lot Description: Fenced, Utilities - Overhead, Private
  • Lot Size: 10890.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
May 22, 2023
Sold by
Price Katharine Okeeffe and Price Jonathan Charl
Bought by
Schuette Pat Alan and Schuette Carol Ann
Seller's Agent
Deirdre Coit
Compass
Buyer's Agent
Damian Costello
HomeSmart
List Price
$749,000
Sold Price
$785,000
Premium/Discount to List
$36,000
4.81%
Total Days on Market
46
Views
2
Current Estimated Value
$830,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,342
Avg. Annual Appreciation
2.86%
Original Mortgage
$150,000
Outstanding Balance
$146,776
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$683,566

Purchase Details

Closed on
Dec 18, 2016
Sold by
Keeffe Patrick D O and Figueiredo Carlos E
Bought by
Price Katherine Okeeffe and Price Jonathan Charles

Purchase Details

Closed on
Jul 1, 2002
Sold by
Aboumrad Velia M
Bought by
Okeeffe Patrick D and Figueiredo Carlos E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
6.25%

Purchase Details

Closed on
Jun 5, 2002
Sold by
Aboumrad Michael R
Bought by
Aboumrad Velia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,800
Interest Rate
6.25%

Purchase Details

Closed on
Mar 15, 2000
Sold by
Meyer Linda Friend Revocable Trust and Eleanore
Bought by
Aboumrad Michael R and Aboumrad Velia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
9.49%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Meyer Linda Friend
Bought by
Meyer Linda Friend and Linda Friend Meyer Revocable Trust

Purchase Details

Closed on
Apr 6, 1994
Sold by
Martin Margaret T
Bought by
Meyer Linda Friend

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
8.3%
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 Buyer Sale Price Title Company
Schuette Pat Alan $785,000 Equity Title
Price Katherine Okeeffe -- None Available
Okeeffe Patrick D $242,000 First American Title
Aboumrad Velia M -- First American Title Co
Aboumrad Michael R $207,000 American Title Co
Meyer Linda Friend -- --
Meyer Linda Friend $175,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schuette Pat Alan $150,000
Previous Owner Okeeffe Patrick D $35,200
Previous Owner Okeeffe Patrick D $208,000
Previous Owner Okeeffe Patrick D $217,800
Previous Owner Aboumrad Michael R $165,600
Previous Owner Meyer Linda Friend $131,250
Closed Aboumrad Michael R $20,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $785,000 +4.8% $424 / Sq Ft
04/27/2023 04/27/23 For Sale $749,000 -- $405 / 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
2023 $10,533 $360,854 $95,678 $265,176
2022 $4,916 $353,779 $93,802 $259,977
2021 $4,786 $346,843 $91,963 $254,880
2020 $4,705 $343,288 $91,021 $252,267
2019 $4,619 $336,558 $89,237 $247,321
2018 $4,536 $329,960 $87,491 $242,469
2017 $4,445 $323,491 $85,776 $237,715
2016 $4,084 $296,063 $82,895 $213,168
2015 $4,087 $291,617 $81,650 $209,967
2014 $3,895 $285,906 $80,051 $205,855
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219094217

California Desert Association of REALTORS®

APN: 625-265-001