NOT LISTED FOR SALE

74626 Lavender Way Palm Desert, CA 92260

Estimated Value: $1,231,000 - $1,286,000

6 Beds
4 Baths
2,700 Sq Ft
$466/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $949,900 $352 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,107/month

36 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Furnished
  • Palm Desert High School Rated A
  • Golf Course View
  • 2 Car Direct Access Garage

About This Home

As of April 2021

Absolutely remarkable stunner of a property that stands out amongst the very best located in exclusive neighborhoods in Palm Desert. This home was recently renovated, upgraded and added on to accommodate Hollywood's most elite actors, musicians and some of the top athletes in the U.S which it did on a constant basis as a very successful vacation rental. The owner pulled no stops and spared no change on the unlimited amount of fine upgrades evident throughout the home. Known as the Lavender Estates this very private home is fully enclosed and sits on an almost 11,000 sqft lot with demanding mountain and semi-golf course views from the backyard. As you enter the home you'll be greeted by a private courtyard with citrus trees, green hedges and a professionally installed putting green. From there you automatically be attracted to a 52 foot lap pool which athletes and avid swimmers absolutely loved. Alongside that wall you'll notice a 70 ft by 6 ft Coachella themed mural created by Steven Van Art who is an acclaimed local artist. As you stroll along the lap pool you run into a large spa that acomodaste up to 10 people. The backyard is a entertainers paradise as there's massive designer 40 by 25 foot play pool that over takes the backyard. There's also multiple fire bowls, firepit, multiple covered sitting areas, a large covered master chefs outdoor kitchen with two LED T.V's and bar seating. The pool was recently constructed with no expense spared; and is smart controlled from you

Last Agent to Sell the Property

David Colin

HomeSmart License #01710306 Listed on: 02/22/2021

HomeSmart

Last Buyer's Agent

Molly Hobin Williams

Bayside License #00819814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,955

Year Built

  • Built in 1999

Lot Details

  • 10,454 Sq Ft Lot
  • Block Wall Fence
  • Drip System Landscaping

Parking

  • 2 Car Direct Access Garage

Property Views

  • Golf Course
  • Mountain

Interior Spaces

  • 2,700 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Family Room
  • Ceramic Tile Flooring
  • Security System Leased
  • Kitchenette

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • Canyon Crest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 624373005

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,955

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 1
  • Casita Features: Kitchenette
  • List Price per Sq Ft: 351.81
  • Lp Sp Ratio: 1.0000
  • View Type: Golf Course, Mountain(s)
  • Year Built: 1999
  • Listing I D: 219057827
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 844-7550
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 904 Manhattan Ave Ste 3, Manhattan Beach, CA 90266-5538
  • Land Type: Fee
  • Subdivision: Canyon Crest
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Gas
  • Flooring: Ceramic Tile
  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 2700.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Fencing: Block
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Central
  • Security: Security System Leased
  • Sewer: In, Connected and Paid

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624373005
  • Irrigation: Drip System
  • Lot Size: 10454.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Apr 2, 2021
Sold by
Paton Hart Kim C
Bought by
Hart Gavin
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
Molly Hobin Williams
Bayside
List Price
$949,900
Sold Price
$949,900
Current Estimated Value
$1,257,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,519
Avg. Annual Appreciation
6.74%
Original Mortgage
$760,000
Outstanding Balance
$685,033
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$572,386

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 8, 2021
Sold by
Mccrea Michael
Bought by
Hart Gavin
Seller's Agent
David Colin
HomeSmart
Buyer's Agent
Molly Hobin Williams
Bayside
List Price
$949,900
Sold Price
$949,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$685,033
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$572,386

Purchase Details

Listed on
May 22, 2019
Closed on
Aug 2, 2019
Sold by
Mccrea Brenda
Bought by
Mccrea Michael
Seller's Agent
Jin Kwon
No Firm Affiliation
Buyer's Agent
David Colin
HomeSmart
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.74%

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 11, 2019
Sold by
Yi Caroline K
Bought by
Mccrea Michael
Seller's Agent
Jin Kwon
No Firm Affiliation
Buyer's Agent
David Colin
HomeSmart
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%

Purchase Details

Closed on
Aug 12, 2003
Sold by
Yi Min Song
Bought by
Yi Caroline K

Purchase Details

Closed on
Jul 22, 1999
Sold by
Deep Canyon Properties Inc
Bought by
Yi Min Song and Yi Caroline K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.84%
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
Hart Gavin -- Lawyers Title Company
Hart Gavin $950,000 Lawyers Title Company
Mccrea Michael -- Lawyers Title
Mccrea Michael $430,000 Lawyers Title
Yi Caroline K -- --
Yi Min Song $182,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hart Gavin $760,000
Previous Owner Yi Min Song $111,500
Previous Owner Yi Min Song $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2021 04/06/21 Sold $949,900 0.0% $352 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
02/22/2021 02/22/21 For Sale $949,900 +120.9% $352 / Sq Ft
08/07/2019 08/07/19 Sold $430,000 -2.3% $205 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $440,000 -- $210 / 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 $13,955 $1,799,535 $257,077 $1,542,458
2023 $13,955 $988,378 $247,096 $741,282
2022 $13,256 $968,999 $242,251 $726,748
2021 $8,607 $603,437 $45,466 $557,971
2020 $6,221 $430,000 $45,000 $385,000
2019 $3,884 $271,687 $61,297 $210,390
2018 $3,820 $266,361 $60,096 $206,265
2017 $3,736 $261,139 $58,918 $202,221
2016 $3,661 $256,019 $57,763 $198,256
2015 $3,671 $252,176 $56,897 $195,279
2014 $3,474 $247,238 $55,784 $191,454
Source: Public Records

Agents Affiliated with this Home

  • David Colin

    Seller's Agent in 2021

    David Colin

    HomeSmart

    (760) 702-4908

    136 Total Sales

    Section Image
  • Molly Hobin Williams

    Buyer's Agent in 2021

    Molly Hobin Williams

    Bayside

    (310) 925-2529

    80 Total Sales

    Section Image

  • J

    Seller's Agent in 2019

    Jin Kwon

    No Firm Affiliation

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219057827

California Desert Association of REALTORS®

APN: 624-373-005

California Riverside County Palm Desert 92260

74626 Lavender Way, Palm Desert, CA

This home is located at 74626 Lavender Way, Palm Desert, CA 92260 since 22 February 2021 and is currently estimated at $1,257,419, approximately $465 per square foot. This property was built in 1999. 74626 Lavender Way is a home located in Riverside County with nearby schools including Abraham Lincoln 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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