NOT LISTED FOR SALE

74603 Merle Dr Palm Desert, CA 92260

Estimated Value: $323,000 - $422,000

2 Beds
1.5 Baths
1,075 Sq Ft
$343/Sq Ft Est. Value

Last Sold August 08, 2012

Last sale price $85,000 $79 Per Sq Ft

Est. 333% increase in value since last sale

Current estimated payment $2,168/month

33 Days on Market

Highlights

  • Outdoor Pool
  • 1-Story Property
  • Central Air
  • James Earl Carter Elementary School Rated A-

About This Home

As of August 2012

Great opportunity for this 2 bedroom home in Palm Desert. New paint and carpet. Buyer to verify square footage, permits. Sold AS IS. Days 1-7: Offers will not be reviewed. Days 8-12:Seller will entertain offers ONLY from NSP buyers, Municipalities, Non-profit all buyers except buyer's purchasing as a secondary residence and investors. Days 13+: We will entertain offers from all buyers once any offers received during days 8-12 have been fully vetted.

Last Agent to Sell the Property

Carlo Lombardelli

RE/MAX Consultants License #01017816 Listed on: 07/05/2012

Last Buyer's Agent

Carolyn Hoel

Coldwell Banker Realty License #01180009

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1961

Lot Details

  • 6,534

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Air
  • Property is located within a water district

Additional Features

  • Outdoor Pool
  • 6,534 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 624140010

Community Details

Overview

  • Country Club Villas Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,984

Year Built

Built in 1961

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA-322
  • List Price per Sq Ft: 83.72
  • Lp Sp Ratio: 0.9444
  • Year Built: 1961
  • Listing I D: 21457049
  • Listing Office Address: 44200 Town Center Way, Palm Desert, CA 92260
  • Selling Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Country Club Villas
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 1075.00

Exterior Features

  • Roofing: Composition, Shingle
  • Pool: Yes
  • Pool Location: Community

Utilities

  • Cooling Type: Air Conditioning
  • Water: Water District

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 50.00
  • Total Monthly Association Fees: 50.00

Lot Info

  • Assessor Parcel Number: 624140010
  • Lot Acres: 0.1500
  • Lot Size: 6534.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2012
Closed on
Sep 25, 2012
Sold by
Loyola Nestor A
Bought by
The Nestor & Elizabeth Loyola Living Tru
Seller's Agent
Carlo Lombardelli
RE/MAX Consultants
Buyer's Agent
Carolyn Hoel
Coldwell Banker Realty
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%
Current Estimated Value
$368,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,367
Avg. Annual Appreciation
10.71%

Purchase Details

Listed on
Jul 5, 2012
Closed on
Jul 25, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Loyola Nestor
Seller's Agent
Carlo Lombardelli
RE/MAX Consultants
Buyer's Agent
Carolyn Hoel
Coldwell Banker Realty
List Price
$90,000
Sold Price
$85,000
Premium/Discount to List
-$5,000
-5.56%

Purchase Details

Closed on
May 9, 2012
Sold by
Diaz Jorge Felix Labarta
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Oct 1, 2005
Sold by
Diaz Jorge Felix Labarta
Bought by
Diaz Jorge Felix Labarta and Escobar Nelsa Saavedra

Purchase Details

Closed on
Jul 6, 2005
Sold by
Sanchez Ignacio and Sanchez Sandra
Bought by
Diaz Jorge Feliz Labarta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 4, 2003
Sold by
Burns Sidney F
Bought by
Sanchez Ignacio and Sanchez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.72%
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
The Nestor & Elizabeth Loyola Living Tru -- None Available
Loyola Nestor $85,000 None Available
Deutsche Bank National Trust Company $80,000 Accommodation
Diaz Jorge Felix Labarta -- --
Diaz Jorge Feliz Labarta $305,000 Orange Coast Title
Sanchez Ignacio $85,000 Fntic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Jorge Feliz Labarta $244,000
Previous Owner Sanchez Ignacio $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2012 08/08/12 Sold $85,000 -5.6% $79 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $90,000 -- $84 / 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 $1,984 $104,657 $30,779 $73,878
2023 $1,984 $100,595 $29,585 $71,010
2022 $1,792 $98,623 $29,005 $69,618
2021 $1,740 $96,690 $28,437 $68,253
2020 $1,718 $95,700 $28,146 $67,554
2019 $1,690 $93,825 $27,595 $66,230
2018 $1,664 $91,986 $27,054 $64,932
2017 $1,631 $90,183 $26,524 $63,659
2016 $1,594 $88,415 $26,004 $62,411
2015 $1,585 $87,089 $25,614 $61,475
2014 $1,423 $85,385 $25,113 $60,272
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Carlo Lombardelli

    RE/MAX

  • C

    Buyer's Agent in 2012

    Carolyn Hoel

    Coldwell Banker Realty

    (760) 774-2742

    11 Total Sales

    Carolyn Hoel
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Map

Source: California Desert Association of REALTORS®

MLS Number: 21457049

California Desert Association of REALTORS®

APN: 624-140-010

California Riverside County Palm Desert 92260

74603 Merle Dr, Palm Desert, CA

This home is located at 74603 Merle Dr, Palm Desert, CA 92260 since 05 July 2012 and is currently estimated at $368,367, approximately $342 per square foot. This property was built in 1961. 74603 Merle Dr is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High 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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