NOT LISTED FOR SALE

74855 Fairway Dr Palm Desert, CA 92260

Estimated Value: $1,595,000 - $2,101,010

4 Beds
4 Baths
3,218 Sq Ft
$598/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $950,000 $295 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $12,277/month

243 Days on Market

Highlights

  • Attached Guest House
  • Pool House
  • Midcentury Modern Architecture
  • Palm Desert High School Rated A
  • Open Floorplan
  • Mountain View

About This Home

As of August 2018

Classic mid-century modern designed by architects Patten and Wild, 1963, situated on a massive lot near El Paseo. The large open floor plan includes 4 bedrooms each with bath, one with a Japanese style step-down tub, original mosaic tile and rare architectural glass walls. Embracing the period, high beamed ceilings, slate floors, custom wood flooring, split rock fireplace and expansive floor to ceiling windows frame expansive southern views of Mt. Eisenhower. The kitchen and prep kitchen feature stainless steel appliances, commercial fixtures and cork floors. Currently used as a study and guest suite, a portion of the home can be used as a separate residence or in-law suite with fully equipped kitchen and enclosed private patio, yard, and orchard access. The pool area showcases a Pebble-tec saltwater pool, fountain, succulent garden, and firepit. Generous storage and built-ins, as well as bonus areas currently being used as fitness and creative workspaces complete this rare find.

Last Agent to Sell the Property

Gregg Fletcher

The Agency License #01070310 Listed on: 11/23/2017

Co-Listed By

Rick Grahn

Compass License #01162701

Last Buyer's Agent

Laurie Moulton

Lux Box Agency License #01987581

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,462

Year Built

  • Built in 1963

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Lawn

Property Views

  • Mountain
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Foam Roof

Interior Spaces

  • 3,218 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Stone Fireplace
  • Double Door Entry
  • Sliding Doors
  • Great Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage
  • Wood Flooring

Kitchen

  • Butlers Pantry
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 2 Carport Spaces

Pool

  • Pool House
  • Pebble Pool Finish
  • Heated In Ground Pool
  • Outdoor Pool
  • Saltwater Pool

Utilities

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

Additional Features

  • Concrete Porch or Patio
  • Attached Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 625253019

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,462

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: NA323
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 294.90
  • Lp Sp Ratio: 1.0011
  • View Type: Mountain(s), Pool
  • Year Built: 1963
  • Co Listing Office Address: 73545 El Paseo, #2504, Palm Desert, CA 92260
  • Listing I D: 217032444
  • Listing Office Address: 73545 El Paseo, #2504, Palm Desert, CA 92260
  • Selling Member Address: 72245 El Paseo, Palm Desert, CA 92260
  • Selling Office Address: 73545 El Paseo, #2504, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Electric Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Beamed Ceilings, Storage, Open Floorplan, High Ceilings (9 Ft+), Bar
  • Fireplace Features: Stone
  • Flooring: Hardwood
  • Total Bedrooms: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Eating Areas: Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 3218.00

Exterior Features

  • Other Structures: Pool House, Guest House Attached
  • Roofing: Foam
  • Fencing: Block
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Salt Water
  • Pool Location: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625253019
  • Irrigation: Sprinkler System
  • Lot Acres: 0.4700
  • Lot Description: Lawn, Street Paved, Level, Landscaped
  • Lot Location: Cul-De-Sac
  • Lot Size: 20299.00

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

Closed on
May 20, 2021
Sold by
Lebo Bros Llc
Bought by
Sandoval Eugene B and Vetsch Sandoval Theresa
Current Estimated Value
$1,924,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Outstanding Balance
$1,197,695
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$726,808

Purchase Details

Listed on
Nov 23, 2017
Closed on
Jul 26, 2018
Sold by
Cascale Gerald V
Bought by
Lebo Bros Llc
Seller's Agent
Gregg Fletcher
The Agency
Buyer's Agent
Laurie Moulton
Lux Box Agency
List Price
$1,495,000
Sold Price
$950,000
Premium/Discount to List
-$545,000
-36.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%

Purchase Details

Closed on
Jul 7, 2006
Sold by
Casale Gerald
Bought by
Casale Gerald and The Gerald V Casale Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Casale Gerald V
Bought by
Casale Gerald and The Gerald V Casale Trust

Purchase Details

Closed on
May 27, 2005
Sold by
Wolford Charles
Bought by
Casale Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Valdora Alexia Louise
Bought by
Wolford Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sandoval Eugene B $1,650,000 Orange Coast Ttl Co Of Socal
Lebo Bros Llc $950,000 First American Title Company
Casale Gerald -- Fidelity National Title
Casale Gerald -- Fidelity National Title
Casale Gerald -- --
Casale Gerald $1,200,000 Southland Title Corporation
Wolford Charles $599,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Eugene B $1,320,000
Previous Owner Casale Gerald $200,000
Previous Owner Casale Gerald $750,000
Previous Owner Wolford Charles $568,000
Previous Owner Wolford Charles $125,000
Previous Owner Wolford Charles $599,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $950,000 +0.1% $295 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/15/2018 06/15/18 Price Changed $949,000 -12.9% $295 / Sq Ft
03/22/2018 03/22/18 Price Changed $1,090,000 -9.2% $339 / Sq Ft
01/10/2018 01/10/18 Price Changed $1,200,000 -19.7% $373 / Sq Ft
11/23/2017 11/23/17 For Sale $1,495,000 -- $465 / 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 $22,462 $1,786,012 $541,216 $1,244,796
2023 $22,462 $1,716,660 $520,200 $1,196,460
2022 $21,193 $814,456 $210,235 $604,221
2021 $10,317 $798,487 $206,113 $592,374
2020 $10,129 $790,300 $204,000 $586,300
2019 $9,819 $765,000 $200,000 $565,000
2018 $11,784 $927,000 $172,000 $755,000
2017 $11,594 $913,000 $169,000 $744,000
2016 $11,478 $909,000 $168,000 $741,000
2015 $11,558 $899,000 $166,000 $733,000
2014 $9,655 $753,000 $139,000 $614,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217032444

California Desert Association of REALTORS®

APN: 625-253-019