NOT LISTED FOR SALE

74965 Fairway Dr Palm Desert, CA 92260

Estimated Value: $947,000 - $1,224,440

3 Beds
2 Baths
2,060 Sq Ft
$536/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $1,270,000 $617 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,002/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Mountain View
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Cathedral Ceiling

About This Home

As of February 2022

Set in a cove of the Santa Rosa Mountains, Indian Wells borders South Palm Desert and offers breathtaking views in all directions. Here's a unique opportunity for you to invest in two large, adjacent lots in this exclusive city, including an immaculate, move-in-ready existing home and ample space of additional land of 11,761 sq. ft. to add a second residence, a casita or landscaping. Enjoy an open floor plan that showcases a generously sized living room with a dramatic stone fireplace and a dining area highlighted by a vaulted ceiling. Kitchen windows overlook your shimmering pool and spa while a long, shaded patio provides ample space for al fresco meals or outdoor relaxation. Other features include a two-car attached garage, washer and dryer, as well as plantation shutters. You'll be near world-class dining, spas, and meeting facilities at some of the area's most luxurious resorts. Just 20 minutes from the airport, this residence is close to El Paseo's renowned shopping, restaurants, and entertainment. Highly desirable schools are also nearby. Come take a tour to see what possibilities await you!

Last Agent to Sell the Property

Brad Schmett

Brad Schmett Real Estate Group License #01275226 Listed on: 01/24/2022

Co-Listed By

Jacqulyn Stanton

Brad Schmett Real Estate Group License #01369783

Last Buyer's Agent

SUSIE WEN

RIVERSIDE REAL ESTATE PROFESSIONALS License #01068345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,448

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Corner Lot
  • Front Yard

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Log Fireplace
  • Shutters
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Storage
  • Mountain Views
  • Security System Leased

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Circular Driveway

Pool

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 625253022

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,448

Year Built

Built in 1972

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: One
  • Building Number Of Stories: 1
  • Entry Location: Foyer
  • List Price per Sq Ft: 575.24
  • Lp Sp Ratio: 1.0700
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1972
  • Co Listing Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Listing I D: 219072895
  • Listing Member Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Listing Member Fax: (760) 771-9479
  • Listing Office Address: 78065 Main St., Ste. 205, La Quinta, CA 92253
  • Selling Office Address: 6960 MAGNOLIA AVE #103, RIVERSIDE, CA 92506
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Cathedral Ceiling(s), Storage, Recessed Lighting
  • Fireplace Features: Gas Log, Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Nook, Living/Dining Combo
  • Kitchen Features: Corian Counters, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 2060.00
  • Windows Treatments: Drapes, Shutters

Exterior Features

  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Circular Driveway, Driveway, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 625253022
  • Irrigation: Drip System
  • Lot Description: Curbs, Landscaped, Front Yard, Fenced
  • Lot Location: Corner Lot
  • Lot Size: 12197.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Feb 18, 2022
Sold by
Frank Haller Jr Thomas
Bought by
Wen Philip and Wen Soomi
Seller's Agent
Brad Schmett
Brad Schmett Real Estate Group
Buyer's Agent
SUSIE WEN
RIVERSIDE REAL ESTATE PROFESSIONALS
List Price
$1,185,000
Sold Price
$1,270,000
Premium/Discount to List
$85,000
7.17%
Current Estimated Value
$1,103,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$166,640
Avg. Annual Appreciation
-3.88%

Purchase Details

Closed on
Jan 26, 2005
Sold by
Evry Mary Ruth
Bought by
Haller Thomas Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,200
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Wen Philip $1,270,000 Orange Coast Title
Haller Thomas Frank $559,000 Orange Coast Title Co
Evry Mary Ruth -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haller Thomas Frank $280,500
Previous Owner Haller Thomas Frank $447,200
Closed Haller Thomas Frank $55,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $1,270,000 +7.2% $617 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $1,185,000 -- $575 / 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 $12,448 $976,311 $291,832 $684,479
2023 $12,448 $938,400 $280,500 $657,900
2022 $8,788 $669,961 $200,693 $469,268
2021 $7,209 $544,684 $163,165 $381,519
2020 $6,440 $486,325 $145,683 $340,642
2019 $6,265 $472,160 $141,440 $330,720
2018 $6,042 $454,000 $136,000 $318,000
2017 $5,773 $433,000 $130,000 $303,000
2016 $5,651 $426,000 $128,000 $298,000
2015 $7,109 $408,000 $122,000 $286,000
2014 $5,376 $406,000 $122,000 $284,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219072895

California Desert Association of REALTORS®

APN: 625-253-022