NOT LISTED FOR SALE

74427 Millennia Way Palm Desert, CA 92211

Estimated Value: $548,033 - $584,000

2 Beds
2 Baths
1,652 Sq Ft
$345/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $427,500 $259 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,836/month

128 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Great Room
  • Gated Community
  • 1 Fireplace
  • Den

About This Home

As of February 2021

The seller has instructed me to say that they are extremely motivated to sell this property, so help me out and bring us any reasonable offer. Welcome to your new home! A beautiful single-story Millennia home features 2 beds plus den and 2 bathrooms. Located in Genesis at Millennium, a collection of 166 semi-custom homes by GHA Communities the desert's premier builder for 30 years! Genesis has an excellent location in the heart of Palm Desert close to great shopping and dining. The home is like new and is in a great area within the development. Close to one of the dog parks and all other amenities including community pool and spa. Stainless Maytag kitchen appliances. Solar ready and security wired! Tankless water heater. Home is tastefully decorated. New Ceiling fans and outside light over the patio. Low maintenance backyard, and private front courtyard. The New Master Planned Community Millennium, will offer a quality of life for all generations with opportunities to LIVE, SHOP, WORK, PLAY within a future regional park setting in a desirable area of Palm Desert, California. Nice Property in a popular new development in North Palm Desert - Priced to sell quickly! Your buyers will not want to miss this great opportunity!

Last Agent to Sell the Property

Cathy Smith

Coldwell Banker Realty License #01255217 Listed on: 10/17/2020

Last Buyer's Agent

Brad Schmett

Brad Schmett Real Estate Group License #01275226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 2017

Lot Details

  • 4,356 Sq Ft Lot
  • Drip System Landscaping

HOA Fees

Interior Spaces

  • 1,652 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Great Room
  • Dining Area
  • Den
  • Mountain Views
  • Prewired Security
  • Walk-In Pantry

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 694470011

Community Details

Overview

  • Genesis Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,357

Year Built

Built in 2017

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Included In Sale: Fridge, stove washer dryer
  • List Price per Sq Ft: 265.74
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Year Built: 2017
  • Co Selling Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Listing I D: 219051397
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Selling Member Fax: (760) 771-9479
  • Selling Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Land Type: Fee
  • Subdivision: Genesis
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1652.00

Exterior Features

  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Security: Card/Code Access, Prewired For Alarm, Gated Community, Community
  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Association #3 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Barbecue, Maintenance Grounds, Greenbelt/Park, Fitness Center, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 152.54
  • HOA Fee 2: 4.07
  • HOA Fee 3: 44.70
  • Total Monthly Association Fees: 201.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 694470011
  • Irrigation: Drip System
  • Lot Size: 4356.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Feb 4, 2021
Sold by
Hillway Karl
Bought by
Gupta Ravi K and Aggarwal Saniya
Seller's Agent
Cathy Smith
Coldwell Banker Realty
Buyer's Agent
Brad Schmett
Brad Schmett Real Estate Group
List Price
$444,000
Sold Price
$427,500
Premium/Discount to List
-$16,500
-3.72%
Current Estimated Value
$569,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,258
Avg. Annual Appreciation
6.59%
Original Mortgage
$342,000
Outstanding Balance
$307,275
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$262,483

Purchase Details

Closed on
Jul 26, 2017
Sold by
Palm Ventures Pa 1 Llc
Bought by
Hiliway Karl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
3.96%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Gupta Ravi K $427,500 Equity Title Orange County
Hiliway Karl $398,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Ravi K $342,000
Previous Owner Hiliway Karl $398,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $427,500 -2.6% $259 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
11/19/2020 11/19/20 Price Changed $439,000 -1.1% $266 / Sq Ft
10/17/2020 10/17/20 For Sale $444,000 -- $269 / 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 $6,357 $462,739 $140,716 $322,023
2023 $6,357 $444,771 $135,252 $309,519
2022 $6,063 $426,733 $106,682 $320,051
2021 $5,989 $418,367 $104,591 $313,776
2020 $3,903 $414,078 $103,519 $310,559
2019 $5,501 $405,960 $101,490 $304,470
2018 $5,400 $398,000 $99,500 $298,500
2017 $792 $35,835 $35,835 $0
2016 $483 $35,133 $35,133 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219051397

California Desert Association of REALTORS®

APN: 694-470-011