NOT LISTED FOR SALE

74300 Parosella St Palm Desert, CA 92260

Estimated Value: $395,000 - $624,000

2 Beds
2 Baths
1,200 Sq Ft
$431/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $400,000 $333 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,348/month

4 Days on Market

Highlights

  • Mountain View
  • Secondary bathroom tub or shower combo
  • Solar owned by a third party
  • Palm Desert High School Rated A
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of December 2023

Welcome to this charming 1957 ranch home located in a highly desirable Palm Desert neighborhood. Offering great potential and a fantastic opportunity, this property is perfect for those seeking a project to transform a classic mid-century gem into the home of their dreams.As you step through the front door, you will be greeted by the home's original character, featuring an open layout, showcasing the architectural elements that were popular during the mid-century era. The layout includes an open living area, a dining room, and a kitchen, providing ample space for both relaxation and entertainment.While the home still maintains its vintage charm, it's worth noting that some renovations and upgrades are required to restore it to its full glory. This presents the opportunity to customize and modernize the interior to suit your personal taste and lifestyle. With a little imagination and creativity, this home has the potential to become a stunning showcase of mid-century modern design.The property has a sizable lot, ideal for creating an oasis in the desert. The spacious backyard offers a blank canvas for landscaping, perfect for entertaining or simply enjoying the warm Palm Desert climate.Furthermore, the location of this home is truly unbeatable. Situated in a sought-after Palm Desert neighborhood, you'll have easy access to a variety of amenities, including golf, restaurants and shopping

Last Agent to Sell the Property

Mark Hawley

Desert Sands Realty License #01742752 Listed on: 11/24/2023

Last Buyer's Agent

Mark Hawley

Desert Sands Realty License #01742752 Listed on: 11/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,626

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Stucco Exterior

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Brick Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Carpet
  • Mountain Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Solar owned by a third party

Schools

  • Washington Charter Elementary School
  • Palm Desert Charter Middle School
  • Palm Desert High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 625195011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,626

Year Built

Built in 1957

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
  • Building Number Of Stories: 1
  • Building Style: Ranch
  • Entry Location: Living Room
  • Included In Sale: Solar Panels will be paid off at closing
  • List Price per Sq Ft: 375.00
  • Lp Sp Ratio: 0.8900
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1957
  • Listing I D: 219103318
  • Listing Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Member Fax: (760) 262-3232
  • Listing Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Listing Office Fax: (760) 262-3232
  • Selling Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Member Fax: (760) 262-3232
  • Selling Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Fax: (760) 262-3232
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Brick
  • Flooring: Carpet, Mixed
  • Total Bedrooms: 2
  • Bathroom Features: Shower & Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Formica Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1200.00

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Financed
  • Roofing: Asphalt
  • Fencing: Wood
  • Foundation: Slab
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Wall/Window Unit(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625195011
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Level
  • Lot Size: 7405.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert Charter
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2023
Closed on
Dec 4, 2023
Sold by
Of The Patrick Edward Macneil Revocable
Bought by
Lathrop Living Trust
Seller's Agent
Mark Hawley
Desert Sands Realty
Buyer's Agent
Mark Hawley
Desert Sands Realty
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
19
Current Estimated Value
$516,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,745
Avg. Annual Appreciation
19.82%

Purchase Details

Closed on
Jun 30, 2016
Sold by
Macneil Patrick E
Bought by
Macneil Patrick E and Patrick Edward Macneil Revocable Trust

Purchase Details

Closed on
Feb 21, 2016
Sold by
Macneil Patrick E
Bought by
Macneil Patrick E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2015
Sold by
Macneil Patrick E
Bought by
Macneil Patrick E and Patrick Edward Macneil Revocable Trust
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
Lathrop Living Trust $400,000 Lawyers Title
Macneil Patrick E -- None Available
Macneil Patrick E -- Accommodation
Macneil Patrick E -- First American Title
Macneil Patrick E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macneil Patrick E $153,000
Previous Owner Macneil Patrick E $151,039
Previous Owner Macneil Patrick E $161,000
Previous Owner Macneil Patrick E $150,000
Previous Owner Macnell Patrick E $102,000
Previous Owner Macneil Patrick E $57,131
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2023 12/21/23 Sold $400,000 -11.1% $333 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/24/2023 11/24/23 For Sale $450,000 -- $375 / 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 $5,626 $123,731 $40,523 $83,208
2022 $2,070 $121,306 $39,729 $81,577
2021 $2,013 $118,928 $38,950 $79,978
2020 $1,985 $117,709 $38,551 $79,158
2019 $1,952 $115,402 $37,796 $77,606
2018 $1,921 $113,140 $37,055 $76,085
2017 $1,882 $110,923 $36,329 $74,594
2016 $1,839 $108,749 $35,617 $73,132
2015 $1,831 $107,118 $35,083 $72,035
2014 $1,665 $105,022 $34,397 $70,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219103318

California Desert Association of REALTORS®

APN: 625-195-011