NOT LISTED FOR SALE

74431 De Anza Way Palm Desert, CA 92260

Palma Village Groves Neighborhood

Estimated Value: $672,000 - $1,118,000

3 Beds
2 Baths
2,700 Sq Ft
$327/Sq Ft Est. Value

About This Home

Welcome to your peaceful enclave in Palma Village Groves, Palm Desert, CA. This listing presents a leasing opportunity with an option to buy, offering the best of both worlds for those interested in experiencing the property before committing to purchase.

The lease portion encompasses a 3-bedroom, 2-bathroom home spread over 2,700 sq. ft., meticulously designed to blend modern amenities with inviting comfort. The interior features Travertine Tile flooring across communal spaces and two bedrooms, while the master suite is adorned with Ceramic Tile, creating an elegant retreat. The layout seamlessly connects living, dining, and kitchen areas, fostering an environment perfect for daily living and entertaining.

Step outside to discover a private oasis, complete with a luxurious pool and a sophisticated grill area, set against the backdrop of a meticulously landscaped front lawn and a spacious backyard, ensuring privacy and ample space for outdoor enjoyment.

While the lease option applies exclusively to the 3-bedroom, 2-bathroom main residence, the property also includes a comprehensive offering for potential buyers. The entire 5,000 sq. ft. property features an additional accessory dwelling unit (ADU) with a separate address. This 1,100 sq. ft. guest house includes two bedrooms, a full kitchen, bathrooms, and a private entrance, presenting versatile options for guests or rental opportunities.

Constructed in 1973 and gracefully updated, this property embodies timeless appeal with modern functionality, strategically located near shopping, educational institutions, and essential amenities, capturing the essence of Palm Desert living.

This listing is not merely a house; it's an opportunity for a lifestyle that marries serene residential comfort with the convenience of urban access. The leasing option for the 3-bedroom, 2-bathroom area provides a unique chance to experience the property firsthand, with the potential to transition into ownership, encapsulating an exceptional offer in a sought-after location.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2013
Sold by
Kamouie Judith A
Bought by
Kamouie Abbass
Current Estimated Value
$883,590

Purchase Details

Closed on
Jan 13, 1999
Sold by
Kamoel Hassan
Bought by
Kamouie Abbass and Kamouie Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Kamouie Abbass -- None Available
Kamouie Abbass -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kamouie Abbass $597,000
Closed Kamouie Abbass $311,000
Closed Kamouie Abbass $148,000
Closed Kamouie Abbass $490,000
Closed Kamouie Abbass $309,600
Closed Kamouie Abbass $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Rented $4,500 +21.6% --
03/03/2024 03/03/24 Price Changed $3,700 -17.8% $1 / Sq Ft
12/19/2023 12/19/23 Price Changed $4,500 +4.7% $2 / Sq Ft
10/23/2023 10/23/23 For Rent $4,300 -- --

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 $5,638 $378,461 $70,708 $307,753
2022 $5,042 $371,041 $69,322 $301,719
2021 $4,925 $363,766 $67,963 $295,803
2020 $4,840 $360,037 $67,267 $292,770
2019 $4,750 $352,979 $65,949 $287,030
2018 $4,663 $346,058 $64,656 $281,402
2017 $4,567 $339,274 $63,389 $275,885
2016 $4,455 $332,623 $62,147 $270,476
2015 $4,458 $327,628 $61,214 $266,414
2014 $4,244 $321,213 $60,016 $261,197
Source: Public Records

Agents Affiliated with this Home

  • Sarkis Ter-Minasyan

    Seller's Agent in 2024

    Sarkis Ter-Minasyan

    Craft & Bauer Real Estate Co.

    (818) 572-9557

    12 Total Sales

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Map

California Riverside County Palm Desert 92260 Palma Village Groves

74431 De Anza Way, Palm Desert, CA

This home is located at 74431 De Anza Way, Palm Desert, CA 92260 and is currently estimated at $883,590, approximately $327 per square foot. 74431 De Anza Way is a home located in Riverside County with nearby schools including Abraham Lincoln Elementary School, La Quinta Middle School, and Palm Desert High School.

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