NOT LISTED FOR SALE

74391 Old Prospector Trail Palm Desert, CA 92260

Estimated Value: $667,000 - $802,899

3 Beds
3.5 Baths
1,548 Sq Ft
$480/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $670,000 $433 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,809/month

35 Days on Market

Highlights

  • Two Primary Bedrooms
  • Mountain View
  • Ground Level Unit
  • Palm Desert High School Rated A
  • Modern Architecture
  • Great Room

About This Home

As of August 2022

125K Down, seller will carry for one year. No Bank Qualifying. A Classic Mid-Century Architecture; the most authentic in all of the valley! The home has three bedrooms and 3.5 baths on a 15k lot. Walter A. White, one of the most famous modernist architects of the 1950's, designed and oversaw the construction of this amazing home in 1956. The structure has not been modified in over 65 years--it truly is a time capsule. Everything is original with the structure perched to enhance use of the backyard and south facing views. Huge lot of addition, pool, Air stream. Great property surrounded by million dollar homes. Investors; only 125K Down, seller will carry for one year. No Bank Qualifying

Last Agent to Sell the Property

James Lewis

Lewis Capital Partners Inc. License #01164097 Listed on: 06/22/2022

Last Buyer's Agent

James Lewis

License #01164097

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,147

Year Built

  • Built in 1956

Lot Details

  • 0.32 Acre Lot
  • South Facing Home
  • Block Wall Fence
  • Back Yard
  • Historic Home
  • Property is zoned R110M

Home Design

  • Modern Architecture
  • Fixer Upper
  • Slab Foundation
  • Interior Block Wall
  • Foam Roof

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Living Room with Fireplace
  • Concrete Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom

Parking

  • 2 Parking Spaces
  • Attached Carport
  • Driveway

Additional Features

  • Open Patio
  • Ground Level Unit
  • Property is located within a water district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 625-263-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,147

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 4210
  • Living Area: 1548
  • Lot Acreage: 0.3200
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1956
  • Builders Tract Name: Silver Spur Ranch
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Block Walls
  • Fireplace Rooms: Living Room
  • Flooring: Cement
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 448.97

Exterior Features

  • Direction Faces: South
  • Construction: Block
  • Other Features: Custom Built, Historical, Slab
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Pool: No
  • Roof: Foam
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport, Carport Attached, Driveway
  • Total Parking: 2

Utilities

  • Sewer: In Connected and Paid
  • Water: Public, Water District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Palm Springs Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 625-263-008
  • Lot Description: Back Yard
  • Lot Size Area: 13939

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2022
Closed on
Jul 29, 2022
Sold by
Old Prospector Trust
Bought by
Hill Realty Llc
Seller's Agent
James Lewis
Lewis Capital Partners Inc.
Buyer's Agent
James Lewis
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Views
6
Current Estimated Value
$742,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,725
Avg. Annual Appreciation
3.93%
Original Mortgage
$247,000
Interest Rate
5.51%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Hill Realty Llc $670,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hill Realty Llc $247,000
Previous Owner Ryan R Mark $337,500
Previous Owner Ryan R Mark $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $670,000 -3.6% $433 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $695,000 +4.5% $449 / Sq Ft
05/13/2022 05/13/22 Sold $665,000 +29.1% $430 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $515,000 -- $333 / 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 $9,147 $762,068 $124,848 $637,220
2023 $9,147 $670,000 $120,000 $550,000
2022 $1,424 $71,172 $13,238 $57,934
2021 $1,326 $69,779 $12,981 $56,798
2020 $1,278 $69,064 $12,848 $56,216
2019 $1,257 $67,711 $12,597 $55,114
2018 $1,238 $66,384 $12,350 $54,034
2017 $1,212 $65,083 $12,108 $52,975
2016 $1,185 $63,808 $11,871 $51,937
2015 $1,175 $62,851 $11,694 $51,157
2014 $1,043 $61,622 $11,466 $50,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-170891

The MLS

APN: 625-263-008