S
Landlord's Agent in 2024
Sarkis Ter-Minasyan
Craft & Bauer Real Estate Co.
74431 De Anza Way Palm Desert, CA 92260
Palma Village Groves NeighborhoodEstimated Value: $673,000 - $1,317,017
3
Beds
2
Baths
2,700
Sq Ft
$351/Sq Ft
Est. Value
Highlights
- Lap Pool
- Panoramic View
- Open Floorplan
- Palm Desert High School Rated A
- 0.37 Acre Lot
- Traditional Architecture
About This Home
As of April 2024Welcome 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.
Last Agent to Rent the Property
Sarkis Ter-Minasyan
Craft & Bauer Real Estate Co. Brokerage Phone: 818-572-9557 License #02062179 Listed on: 10/23/2023
Last Renter's Agent
Sarkis Ter-Minasyan
Craft & Bauer Real Estate Co. Brokerage Phone: 818-572-9557 License #02062179 Listed on: 10/23/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,638
Year Built
- Built in 1973
Lot Details
- 0.37 Acre Lot
- Fenced
- Fence is in good condition
- Front Yard
- Density is 2-5 Units/Acre
- Property is zoned R113M
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Panoramic
- Mountain
- Pool
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Clay Roof
Interior Spaces
- 2,700 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Furnished
- Furniture Can Be Negotiated
- High Ceiling
- Ceiling Fan
- Living Room
- Dining Room
- Bonus Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Gas Oven
- Microwave
- Freezer
- Dishwasher
- Ceramic Countertops
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Lap Pool
- Covered Patio or Porch
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- 220 Volts in Garage
Additional Features
- Two Homes on a Lot
- Suburban Location
Community Details
- No Home Owners Association
- $7,938 HOA Transfer Fee
Listing and Financial Details
- Security Deposit $3,700
- Rent includes pool
- 12-Month Minimum Lease Term
- Available 11/1/23
- Legal Lot and Block 11 / J
- Tax Tract Number 81
- Assessor Parcel Number 625074004
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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $309,600 |
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 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,638 | $393,750 | $73,564 | $320,186 |
| 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
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23197509
APN: 625-074-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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