NOT LISTED FOR SALE

74602 Palo Verde Dr Indian Wells, CA 92210

Estimated Value: $2,967,000 - $3,526,000

3 Beds
3.5 Baths
4,371 Sq Ft
$752/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $1,700,000 $389 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $20,322/month

29 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Primary Bedroom Suite
  • Palm Desert High School Rated A
  • Heated In Ground Pool
  • Gated Community

About This Home

As of March 2020

Set alongside a tranquil and meandering lake system, featuring tumbling waterfalls amid landscaped islands, is this D' Plan Patio Home of approximately 4,371 SF. The home is recently remodeled and well maintained. Its spacious interior boasts a decor conducive to elegant relaxed living. The entrance steps down to the great room with statement fireplace, a media entertainment area and easy access to the home's outdoor living. The dining room is located on the entry level. The remodeled kitchen with granite counters, custom cabinetry, breakfast seating and high-end appliances is bathed in sunlight from the morning sun and is open to the great room. The rear patio runs along the lake's edge and offers a swimming pool, spa and both dining and fire-pit seating areas, perfect for entertaining family and friends. A grand Master Suite with a shared Master Bath features a steam shower and two walk-in closets with custom finished built-ins.

Last Agent to Sell the Property

Vintage Club Sales - Healy Group

Vintage Club Sales License #01234420 Listed on: 01/14/2020

Last Buyer's Agent

Vintage Club Sales - Healy Group

Vintage Club Sales License #01234420 Listed on: 01/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,263

Year Built

  • Built in 1983

Lot Details

  • 0.34 Acre Lot
  • Lake Front
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Back Yard

HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 4,371 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Stone Fireplace
  • Custom Window Coverings
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Prewired Security

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Driveway
  • On-Street Parking
  • Golf Cart Garage

Pool

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

Outdoor Features

  • Stone Porch or Patio
  • Outdoor Fireplace
  • Built-In Barbecue

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 625470031

Community Details

Overview

  • Association fees include cable TV, security
  • Vintage Country Club Subdivision
  • On-Site Maintenance
  • Community Lake

Recreation

  • Golf Course Community
  • Pickleball Courts
  • Community Playground
  • Dog Park

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,263

Year Built

Built in 1983

Lot Details

0

HOA Fees

$860 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Vintage Country Club
  • Building Number Of Stories: 2
  • Building Style: Contemporary
  • List Price per Sq Ft: 433.54
  • Lp Sp Ratio: 0.9000
  • View Type: Lake, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1983
  • Listing I D: 219036863
  • Listing Member Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Listing Office Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Listing Office Fax: (760) 568-3531
  • Selling Member Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Selling Office Address: 75-005 Vintage Drive West, Indian Wells, CA 92210
  • Selling Office Fax: (760) 568-3531
  • Land Type: Fee
  • Subdivision: Vintage Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Cooktop, Gas Oven, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Exterior, Living Room
  • Interior Amenities: Bar, Built-In Features, High Ceilings (9 Ft+), Recessed Lighting
  • Fireplace Features: Stone
  • Flooring: Carpet, Stone Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Powder Room, Remodeled, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Formal Dining Room, Kitchen Island
  • Kitchen Features: Granite Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 4371.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stone, Stucco
  • Roofing: Flat, Tile
  • Built-in BBQ: Propane
  • Foundation: Slab
  • Patio: Rock - Stone
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Golf Cart Garage, On Street
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Prewired For Alarm
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Doggie Park, Golf Course Within Development, Pickle Ball Courts
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security
  • Association Amenities: Lake or Pond, Maintenance Grounds, Management, Playground
  • HOA Information: Yes
  • HOA Fee 1: 610.00
  • HOA Fee 2: 250.00
  • Total Monthly Association Fees: 860.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625470031
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.3400
  • Lot Description: Back Yard, Curbs, Landscaped, Street Paved, Utilities Underground
  • Lot Location: Lake Front
  • Lot Size: 14810.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Feb 14, 2020
Sold by
Berrey Michael J and Stephen M Berrey Revocable Tru
Bought by
Neil David G O and Neil Nancy O
Seller's Agent
Vintage Club Sales - Healy Group
Vintage Club Sales
Buyer's Agent
Vintage Club Sales - Healy Group
Vintage Club Sales
List Price
$1,895,000
Sold Price
$1,700,000
Premium/Discount to List
-$195,000
-10.29%
Current Estimated Value
$3,288,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,588,892
Avg. Annual Appreciation
11.95%

Purchase Details

Closed on
Oct 5, 2016
Sold by
Berrey Stephen M
Bought by
Berrey Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2016
Sold by
Berrey Steve
Bought by
Berrey Stephen M and Stephen M Berrey Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$752,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2012
Sold by
Montgomery Diane D and Muller Scott
Bought by
Berrey Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2008
Sold by
Furman Albert V and Furman Mary Jo
Bought by
Montgomery Diane D and Muller Scott

Purchase Details

Closed on
Jan 10, 1997
Sold by
Heily John M and Heily John H
Bought by
Furman Albert and Furman Mary Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.5%

Purchase Details

Closed on
Jan 23, 1996
Sold by
Heily Patricia A
Bought by
Heily John H
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
Neil David G O $1,700,000 Lawyers Title Company
Berrey Stephen -- Fntg
Berrey Stephen M -- None Available
Berrey Steve $1,477,000 Equity Title Company
Montgomery Diane D $2,115,000 Fidelity National Title Insu
Furman Albert $1,300,000 Fidelity National Title Ins
Heily John H -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neil David G O $1,100,000
Previous Owner Berrey Stephen $752,000
Previous Owner Berrey Steve $800,000
Previous Owner Furman Albert $805,000
Previous Owner Furman Albert $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $1,700,000 -10.3% $389 / Sq Ft
02/28/2020 02/28/20 For Sale $1,895,000 0.0% $434 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $1,895,000 0.0% $434 / Sq Ft
01/24/2020 01/24/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $1,895,000 +28.3% $434 / Sq Ft
06/01/2012 06/01/12 Sold $1,477,000 -17.9% $366 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $1,800,000 +21.9% $446 / Sq Ft
03/14/2012 03/14/12 Off Market $1,477,000 -- --
11/27/2011 11/27/11 Price Changed $1,800,000 -7.7% $446 / Sq Ft
09/14/2011 09/14/11 Price Changed $1,950,000 -2.4% $483 / Sq Ft
07/13/2011 07/13/11 Price Changed $1,998,000 -12.9% $495 / Sq Ft
03/17/2011 03/17/11 For Sale $2,295,000 -- $568 / 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 $23,263 $1,859,194 $82,021 $1,777,173
2023 $23,263 $1,787,001 $78,837 $1,708,164
2022 $22,209 $1,751,963 $77,292 $1,674,671
2021 $21,748 $1,717,612 $75,777 $1,641,835
2020 $22,343 $1,782,828 $636,724 $1,146,104
2019 $21,911 $1,747,872 $624,240 $1,123,632
2018 $21,494 $1,713,600 $612,000 $1,101,600
2017 $21,091 $1,683,165 $516,236 $1,166,929
2016 $20,576 $1,650,163 $506,114 $1,144,049
2015 $20,664 $1,625,377 $498,512 $1,126,865
2014 $20,316 $1,593,541 $488,748 $1,104,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219036863

California Desert Association of REALTORS®

APN: 625-470-031