$1,210,000
SOLD MAY 10, 2024

74549 Lavender Way Palm Desert, CA 92260

3 Beds
2.5 Baths
2,599 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$466 Per Sq Ft

7% Below List Price

68 Days on Market

Highlights

  • Pebble Pool Finish
  • Updated Kitchen
  • Open Floorplan
  • Palm Desert High School Rated A
  • Peek-A-Boo Views
  • Contemporary Architecture

About This Home

As of May 2024

This stunning open-concept home is a south-facing ''Desert Oasis'' maximized to its fullest potential, and is sure to captivate buyers in search of an exceptional property. The current owner has meticulously renovated both the interior and exterior of the home, creating a luxurious and inviting atmosphere perfect for entertaining. Standout features include: a new modern custom-built pool and spacious spa with designer tile and multiple waterfalls, commercial in-ground cantilever umbrellas, and high-end pool equipment with chiller/heater combo for year-round enjoyment. The low maintenance landscaping features premium-grade USA made turf and all new drip-irrigation system, entry courtyard with water feature, porcelain decking, and a bocce ball court. Inside, the home boasts a spacious open great room with a huge kitchen island, new stainless-steel appliances, a chic bar station, and a striking stacked stone fireplace. The primary retreat is conveniently located just steps away from the spa and features a spacious walk-in California Closet and a walk-in shower. Additional amenities include a paid solar system, a newer HVAC system, a linear fire pit with seating, an outdoor kitchen with built-in BBQ and Dektron countertops, a modern metal/glass garage door, and much more. The property is conveniently situated near El Paseo shopping, dining, and golfing options and without an HOA. Please inquire for a detailed list of upgrades. Select furnishings are negotiable outside of escrow.

Last Agent to Sell the Property

Mike Patakas

Desert Sotheby's International Realty License #01264926 Listed on: 02/24/2024

Desert Sotheby's International Realty

Co-Listed By

Maria Patakas

Desert Sotheby's International Realty License #01785498

Last Buyer's Agent

Danielle Siani-Rader

Desert Sands Realty License #02091958

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,612

Year Built

  • Built in 1999

Lot Details

  • 7,841 Sq Ft Lot
  • Home has North and South Exposure
  • Stucco Fence
  • Drip System Landscaping
  • Sprinkler System
  • Back and Front Yard

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,599 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Stone Fireplace
  • Gas Fireplace
  • Double Door Entry
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Laminate Flooring
  • Security System Owned

Kitchen

  • Updated Kitchen
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Property is located within a water district

Additional Features

  • Solar owned by seller
  • Covered patio or porch
  • Ground Level

Community Details

  • Canyon Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 624372005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,612

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Ground, One
  • Building Number Of Stories: 1
  • Building Style: Contemporary, Mediterranean
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Refer to Inventory list of negotiable inclusions and seller's exclusions
  • List Price per Sq Ft: 499.42
  • Lp Sp Ratio: 0.9300
  • View Type: Mountain(s), Peek-A-Boo
  • Water District Name: Coachella Valley Water District
  • Year Built: 1999
  • Co Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Co Listing Office Fax: (760) 424-3099
  • Listing I D: 219107525
  • Listing Member Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Fax: (760) 424-3099
  • Selling Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Fax: (760) 262-3232
  • Land Type: Fee
  • Subdivision: Canyon Crest
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Bar, High Ceilings (9 Ft+), Open Floorplan, Recessed Lighting
  • Fireplace Features: Gas, Stone
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Kitchen Features: Island, Pantry, Quartz Counters, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 2599.00

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Owned
  • Roofing: Tile
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Private, Waterfall
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Heated - Electricity
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Volt 220: In Garage
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Central
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624372005
  • Irrigation: Drip System, Sprinkler System
  • Lot Description: Back Yard, Front Yard, Sidewalks
  • Lot Size: 7841.00

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
Feb 24, 2024
Closed on
Apr 26, 2024
Sold by
Schulz Peggy S
Bought by
Mellett Thomas Arthur
Seller's Agent
Mike Patakas
Desert Sotheby's International Realty
Buyer's Agent
Danielle Siani-Rader
Desert Sands Realty
List Price
$1,298,000
Sold Price
$1,210,000
Premium/Discount to List
-$88,000
-6.78%
Views
19
Current Estimated Value
$1,064,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,716
Avg. Annual Appreciation
-4.70%
Original Mortgage
$943,200
Outstanding Balance
$931,495
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$208,426

Purchase Details

Listed on
Apr 15, 2022
Closed on
May 17, 2022
Sold by
Jean Deroo Alta
Bought by
Schulz Peggy S
Seller's Agent
Niki Vrondakis
Compass
Buyer's Agent
Maria Molina
Coldwell Banker Residential Brokerage
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.97%
Original Mortgage
$552,500
Interest Rate
5.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 27, 2020
Sold by
Boschetti Tracy L and Baez Tracy L
Bought by
Deroo Alta Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2015
Sold by
Baez Jose Juan
Bought by
Baez Tracy L

Purchase Details

Closed on
May 28, 1999
Sold by
Deep Canyon Prop Inc
Bought by
Baez Jose Juan and Baez Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,210,000 Lawyers Title
Grant Deed $850,000 Fidelity National Title
Grant Deed $520,000 First American Title Ins Co
Interfamily Deed Transfer -- Accommodation
Grant Deed $210,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $943,200 New Conventional
Previous Owner $552,500 Balloon
Previous Owner $400,000 New Conventional
Previous Owner $496,000 Balloon
Previous Owner $100,000 Credit Line Revolving
Previous Owner $327,000 Unknown
Previous Owner $230,000 Unknown
Previous Owner $1,673,000 Construction
Previous Owner $168,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $1,210,000 -6.8% $466 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
02/24/2024 02/24/24 For Sale $1,298,000 +52.7% $499 / Sq Ft
06/01/2022 06/01/22 Sold $850,000 -5.5% $327 / Sq Ft
04/25/2022 04/25/22 Price Changed $899,000 -2.8% $346 / Sq Ft
04/15/2022 04/15/22 For Sale $925,000 +77.9% $356 / Sq Ft
12/11/2020 12/11/20 Sold $520,000 0.0% $200 / Sq Ft
09/10/2020 09/10/20 Off Market $520,000 -- --
05/31/2020 05/31/20 For Sale $539,000 -- $207 / 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 $12,612 $2,157,300 $311,100 $1,846,200
2023 $12,612 $867,000 $45,900 $821,100
2022 $7,198 $530,400 $45,900 $484,500
2021 $7,047 $520,000 $45,000 $475,000
2020 $4,172 $295,104 $73,771 $221,333
2019 $4,098 $289,319 $72,325 $216,994
2018 $4,030 $283,647 $70,907 $212,740
2017 $3,942 $278,086 $69,517 $208,569
2016 $3,862 $272,634 $68,154 $204,480
2015 $3,872 $268,540 $67,131 $201,409
2014 $3,672 $263,281 $65,817 $197,464
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219107525

California Desert Association of REALTORS®

APN: 624-372-005