See Home Value
Palm Desert 92260
18 Covington Drive
$1,072,366*
House - Off Market

18 Covington Drive

Palm Desert, CA 92260
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3420 Sqft
$675,000 - $823,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Feb 13, 2020
$742,500
$360,000 by Franklin Loan Center
Mortgage Due Mar 01, 2050
Sold Feb 28, 2003
$550,000
$275,000 by Bank Of America Na
Mortgage Due Mar 01, 2033

About This Property

Custom designed Home located on prime corner lot w/in the guard gated Montecito Community, Palm Desert's best kept secret, surrounded by the premiere full-facility Desert Willow Golf Resort. Location is recognized as the 'Center of the Valley' w/numerous restaurants, JW Marriott Desert Springs Resort, Ralph's Grocery, Starbucks and IW Coffee, all within walking distance. Floorplan ideal for entertaining friends and family includes four bedrooms + attached bonus casita/remodeled professional office w/entry off front courtyard. Offers unique functional flexibility w/multiple A/C zones w/central common area core and adjacency to multiple bedrooms/office/built-in craft room storage. From the inviting entry, stroll through customized front doors into the charming sitting/living room w/fireplace and open view of expansive backyard featuring covered dining deck, pool/spa, lounging, central fire pit w/surrounding seating and free-standing island barbecue. Adjoining open Great Room w/additional fireplace and central TV adjacent to open kitchen, granite counter and corner breakfast area. Ideal home for capturing indoor/outdoor Desert lifestyle living. HOA fees of ONLY $185/MONTH.

The manager has listed the unit size as 3420 square feet.
Unit Size
3,420Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$219
Property Type
House
Property Taxes
-
HOA Dues
$15
Year Built
2002

Price History

Date / Event Date Event Price
Mar 10, 2020 No longer available -
No longer available
Feb 13, 2020 Sold to Clare K Reuter, Kevin S Reuter $742,500
Sold to Clare K Reuter, Kevin S Reuter
Jan 4, 2020 Listed $749,900
Listed
Jul 19, 2019 No longer available -
No longer available
Mar 13, 2019 Price Decreased $749,900
↓ $20K (2.6%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 4,371
  • Gross Building Area: 4,371
  • Building Area: 3,420
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,420
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 24530 1
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .24 ACRES IN LOT 31 MB 224/100 TR 24530-1

Ownership

  • Current Owner : REUTER KEVIN S
  • Current Owner 2: REUTER CLARE K
  • Previous Owner : BREALEY DENNIS A
  • Previous Owner 2: BREALEY MAUREEN H
  • Owner Before Previous Owner: MONTECITO 10 LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 044919

Geography

  • Subdivision Tract Number: 24530-1
  • Parcel: 620-351-005
  • Lot: 31
  • Municipality: PALM DESERT
  • Latitude: 33.7667
  • Longitude: -116.359

    Address

  • Full Address: 18 Covington Dr
  • Address - House Number: 18
  • Address - Street Name: Covington
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C032
  • 4-Digit Zip Code: 0608
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 3,420
  • Tax Year: 2023
  • Tax Amount: $10,229
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 018-074

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 1,042,564
  • High Value: 1,234,821
  • Low Value: 850,307

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: Feb 13, 2020
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2050
  • Second Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • Second Open Lien Mortgage Recording Date: Apr 27, 2023
  • Second Open Lien Mortgage Loan Amount: $80,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 05, 2053

    Market Valuation

  • Market Total Value: $811,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,497
  • Assessed Land Value: $189,211
  • Assessed Improvements Value: $591,286

    Sales

  • Current Sale Contract Date: Jan 22, 2020
  • Current Sale Recording Date: Feb 13, 2020
  • Current Sale Transaction ID: 11735347339
  • Current Sale Price: $742,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-0068088
  • Previous Sale Recording Date: Feb 28, 2003
  • Previous Sale Contract Date: Jan 24, 2003
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: Feb 13, 2020
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 28, 2003
  • Previous Mortgage Loan Amount: $275,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2033



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,302 ft²
$389/ft²
$895,000 Oct 25, 2022
-
$611/mo
Condo
3 Beds
2.5 Baths
2,019 ft²
$310/ft²
$624,900 Jun 5, 2023
-
$685/mo
Condo
3 Beds
3 Baths
2,236 ft²
$284/ft²
$635,000 Jun 2, 2023
-
$677/mo
Condo
2 Beds
1.5 Baths
2,019 ft²
$386/ft²
$779,000 Jul 2, 2023
-
$609/mo
Townhouse
2 Beds
2.5 Baths
1,819 ft²
$382/ft²
$694,888 Jun 21, 2023
-
$2,062/mo

About Palm Desert


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Frequently Asked Questions

When was property at 18 Covington Drive built and last sold?
The property at 18 Covington Drive was built in 2002 and last sold on Jan 22, 2020 for $742,500.
How much is this home worth?
The estimated value of the home located at 18 Covington Drive is $786,280.
What are some comparable homes to 18 Covington Drive?
There are currently no comparable homes to 18 Covington Drive.

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