NOT LISTED FOR SALE

74465 Driftwood Dr Palm Desert, CA 92260

Estimated Value: $625,000 - $1,042,000

6 Beds
5 Baths
3,534 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 02, 2013

Last sale price $425,000 $120 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,751/month

77 Days on Market

Highlights

  • In Ground Pool
  • No Interior Steps
  • Forced Air Heating and Cooling System
  • Palm Desert High School Rated A
  • 1-Story Property

About This Home

As of July 2013

Fantastic South Palm Desert Investment Opportunity! Great Tri-Plex, built in 1987, located within walking distance of all of the conveniences. Well maintained with a Common Pool area and enclosed garage space along with an uncovered space for each unit. Long-term tenants in it's history. One current vacancy of a 2 bedroom/2 bath with fireplace available for viewing. A Definite must see!

Last Agent to Sell the Property

Steve Enlow

Keller Williams Realty License #01368794 Listed on: 04/10/2013

Last Buyer's Agent

Norman Lee

Coldwell Banker Realty License #00399393

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,319

Year Built

  • Built in 1987

Lot Details

  • 8,712

Parking

  • 3 Car Parking Spaces

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,534 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • No Interior Steps
  • In Ground Pool
  • 8,712 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • The owner pays for gardener, water, pool service
  • Assessor Parcel Number 625143016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,319

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Price Per Unit: 166333.00
  • Builders Tract Code: NA-323
  • Disability Access: No Interior Steps
  • List Price per Sq Ft: 141.20
  • Lp Sp Ratio: 0.8517
  • Water District Name: CVWD
  • Year Built: 1987
  • ADA Compliant: Yes
  • Co Selling Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Co Selling Office Fax: (760) 776-1666
  • Internal Listing I D: 20190608183817887331000000
  • Listing I D: 21473774
  • Listing Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Listing Office Fax: (760) 771-3063
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Member Fax: (760) 770-8717
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Total Bedrooms: 6
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Laundry Equipment: Own
  • Estimated Sq Ft: 3534.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground

Garage/Parking

  • Parking Info Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Yes

Lot Info

  • Assessor Parcel Number: 625143016
  • Lot Size: 8712.00

Rental Info

  • Owner Pays: Gardener, Water, Pool Service

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2013
Closed on
Jun 10, 2013
Sold by
Bushey Alfred E
Bought by
Bushey Cindy R
Seller's Agent
Steve Enlow
Keller Williams Realty
Buyer's Agent
Norman Lee
Coldwell Banker Realty
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%
Current Estimated Value
$928,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,370
Avg. Annual Appreciation
7.02%

Purchase Details

Listed on
Apr 10, 2013
Closed on
May 29, 2013
Sold by
Bashey Cindy R and Muhleman Cheryl
Bought by
Kellett William D and Kellett Lara
Seller's Agent
Steve Enlow
Keller Williams Realty
Buyer's Agent
Norman Lee
Coldwell Banker Realty
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%

Purchase Details

Closed on
Dec 29, 2012
Sold by
Insalaco Ronald J
Bought by
Bushey Cindy R and Muhleman Cheryl

Purchase Details

Closed on
Aug 11, 2005
Sold by
Wagner Billie M
Bought by
Wagner Billie M

Purchase Details

Closed on
Sep 30, 2000
Sold by
Wagner James F and Wagner Billie M
Bought by
Wagner James F and Wagner Billie M
Source: Public Records

Range of Values:

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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
Bushey Cindy R -- Equity Title Company
Kellett William D $425,000 Equity Title Company
Bushey Cindy R -- None Available
Wagner Billie M -- --
Wagner James F -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2013 07/02/13 Sold $425,000 -19.0% $120 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
04/10/2013 04/10/13 For Sale $525,000 -- $149 / 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 $8,319 $520,978 $122,579 $398,399
2023 $8,319 $500,750 $117,820 $382,930
2022 $7,656 $490,932 $115,510 $375,422
2021 $7,404 $481,307 $113,246 $368,061
2020 $7,290 $476,372 $112,085 $364,287
2019 $7,167 $467,033 $109,888 $357,145
2018 $7,050 $457,877 $107,735 $350,142
2017 $6,915 $448,900 $105,623 $343,277
2016 $6,758 $440,099 $103,552 $336,547
2015 $6,754 $433,491 $101,998 $331,493
2014 $6,351 $425,000 $100,000 $325,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Steve Enlow

    Keller Williams Realty

  • N

    Buyer's Agent in 2013

    Norman Lee

    Coldwell Banker Realty

    83 Total Sales

    Norman Lee
    Section Image
  • Sandi Geisler

    Buyer Co-Listing Agent in 2013

    Sandi Geisler

    Coldwell Banker Realty

    (818) 314-1799

    101 Total Sales

    Sandi Geisler
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 21473774

California Desert Association of REALTORS®

APN: 625-143-016

California Riverside County Palm Desert 92260

74465 Driftwood Dr, Palm Desert, CA

This home is located at 74465 Driftwood Dr, Palm Desert, CA 92260 since 10 April 2013 and is currently estimated at $928,370, approximately $262 per square foot. This property was built in 1987. 74465 Driftwood Dr is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

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.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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