NOT LISTED FOR SALE

74487 Candlewood St Palm Desert, CA 92260

Estimated Value: $659,000 - $756,000

2 Beds
2 Baths
1,774 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $545,000 $307 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,563/month

28 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Open Floorplan
  • Palm Desert High School Rated A
  • View of Trees or Woods
  • Midcentury Modern Architecture

About This Home

As of April 2021

Stylish living in the heart of Palm Desert is bursting with chic style - all set in a convenient location and enviable corner lot to take advantage of! With lots to love about this impressive home, the generous living room warmed by a cozy fireplace and an open design encourages you to flow freely throughout the welcoming layout. There's a large recreation room to gather in, and cooking is made easy thanks to the updated kitchen with stainless steel appliances and granite countertops. For added comfort, the bathrooms have been beautifully updated, plus there are ceiling fans, easy-care tile floors, vaulted ceilings, and a handy two-car garage. Multiple outdoor spaces allow you to comfortably host guests, including a courtyard and a private poolside patio with premium mountain views. Shopping, dining, and entertainment options are all just moments from this move-in ready home along with schools and golf courses. This stylish yet low-maintenance home could be all yours to make your real estate dreams come true, so come take a tour and see it all for yourself!

Last Agent to Sell the Property

Brad Schmett

Brad Schmett Real Estate Group License #01275226 Listed on: 03/02/2021

Co-Listed By

Jacqulyn Stanton

Compass License #01369783

Last Buyer's Agent

Vladlen Roytapel

Compass License #02098913

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,810

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Drip System Landscaping
  • Back and Front Yard

Property Views

  • Woods
  • Peek-A-Boo
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 1,774 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Custom Window Coverings
  • French Doors
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Living Room
  • Dining Area
  • Bonus Room
  • Storage
  • Laundry in Kitchen
  • Security System Owned

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Parking

  • 2 Car Direct Access Garage
  • Circular Driveway
  • On-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 625196008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,810

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East, Leisure Faces South
  • Levels: One
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Location: Living Room
  • List Price per Sq Ft: 307.22
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Trees/Woods, Peek-A-Boo
  • Water District Name: CVWD
  • Year Built: 1958
  • Co Listing Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Listing I D: 219058172
  • Listing Member Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Listing Member Fax: (760) 771-9479
  • Listing Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Selling Office Address: 1260 Corona Pointe Ct Ste 306, Corona, CA 92879
  • Selling Office Fax: (949) 682-4734
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Range, Microwave Oven, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Open Floorplan, Storage
  • Fireplace Features: Wood, Gas
  • Flooring: Concrete, Tile
  • Bedroom Features: Master Retreat, Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub, Tile Counters, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Granite Tile Counters
  • Laundry: In Kitchen
  • Estimated Sq Ft: 1774.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Roofing: Foam
  • Fencing: Block, Fenced, Wood
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Direct Entrance, Covered, Circular Driveway
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625196008
  • Irrigation: Drip System
  • Lot Description: Back Yard, Front Yard, Fenced, Curbs
  • Lot Location: Corner Lot
  • Lot Size: 7405.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 1, 2021
Sold by
Molina Jamie
Bought by
Mclane Tobin Michael
Seller's Agent
Brad Schmett
Brad Schmett Real Estate Group
Buyer's Agent
Vladlen Roytapel
Compass
List Price
$545,000
Sold Price
$545,000
Current Estimated Value
$718,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,116
Avg. Annual Appreciation
5.58%
Original Mortgage
$381,500
Outstanding Balance
$344,859
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$346,483

Purchase Details

Listed on
Mar 2, 2021
Closed on
Mar 11, 2021
Sold by
Basore Brent Daniel and Basore Carlyn Alexandra
Bought by
Mclane Tobin Michael
Seller's Agent
Brad Schmett
Brad Schmett Real Estate Group
Buyer's Agent
Vladlen Roytapel
Compass
List Price
$545,000
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,500
Outstanding Balance
$344,859
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$346,483

Purchase Details

Listed on
Nov 11, 2016
Closed on
Mar 7, 2017
Sold by
Dli Properties Llc
Bought by
Basore Brent Daniel and Park Basore Carlyn Alexandra
Seller's Agent
Cory Alan
eXp Realty of California, Inc
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$425,000
Sold Price
$350,000
Premium/Discount to List
-$75,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$343,660
Interest Rate
4.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 2016
Sold by
Waterman Jennifer
Bought by
Dli Properties Llc

Purchase Details

Closed on
Feb 13, 1997
Sold by
Waterman Wayne and Waterman Jennifer
Bought by
Waterman Wayne A and Waterman Jennifer

Purchase Details

Closed on
Aug 22, 1996
Sold by
Bankers Trust Company Of California Na
Bought by
Waterman Wayne and Waterman Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,850
Interest Rate
7.87%

Purchase Details

Closed on
May 3, 1995
Sold by
Panzarini Nicholas and Panzarini Florence Ann
Bought by
Bankers Trust Company Of California Na
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
Mclane Tobin Michael -- Orange Coast Title
Mclane Tobin Michael $545,000 Orange Coast Title
Basore Brent Daniel $350,000 Consumers Title
Dli Properties Llc $150,000 None Available
Waterman Wayne A -- --
Waterman Wayne $92,500 American Title Ins Co
Bankers Trust Company Of California Na $76,556 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclane Tobin Michael $57,000
Open Mclane Tobin Michael $381,500
Previous Owner Basore Brent Daniel $339,000
Previous Owner Basore Brent Daniel $343,660
Previous Owner Waterman Jennifer $190,000
Previous Owner Waterman Wayne A $84,000
Previous Owner Waterman Jennifer $84,000
Previous Owner Waterman Jennifer $69,000
Previous Owner Waterman Jennifer $10,000
Previous Owner Waterman Jennifer $10,000
Previous Owner Waterman Wayne $87,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $545,000 0.0% $307 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $545,000 +55.7% $307 / Sq Ft
03/31/2017 03/31/17 Sold $350,000 -7.6% $197 / Sq Ft
02/25/2017 02/25/17 Pending -- -- --
01/20/2017 01/20/17 Price Changed $378,800 -2.6% $214 / Sq Ft
12/14/2016 12/14/16 Price Changed $388,888 -8.5% $219 / Sq Ft
11/11/2016 11/11/16 For Sale $425,000 0.0% $240 / Sq Ft
09/06/2013 09/06/13 Rented $1,600 -5.9% --
08/07/2013 08/07/13 Under Contract -- -- --
07/23/2013 07/23/13 For Rent $1,700 -- --
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 $7,810 $589,923 $129,890 $460,033
2023 $7,810 $567,018 $124,848 $442,170
2022 $7,396 $555,900 $122,400 $433,500
2021 $5,066 $375,268 $93,816 $281,452
2020 $4,961 $371,422 $92,855 $278,567
2019 $4,869 $364,140 $91,035 $273,105
2018 $4,787 $357,000 $89,250 $267,750
2017 $4,711 $345,000 $87,000 $258,000
2016 $2,255 $144,437 $41,262 $103,175
2015 $2,370 $142,270 $40,644 $101,626
2014 $2,090 $139,485 $39,849 $99,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219058172

California Desert Association of REALTORS®

APN: 625-196-008