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242 Paseo Bravo

242 Paseo Bravo, Palm Desert, CA 92211
Property in Riverside
Sold Jun 09, 2017
$197,000
$110,400 by Paramount Residential Mortgage
Mortgage Due Jul 01, 2047
Sold Feb 19, 2013
$167,000
$150,025 by Dhi Mortgage Company Ltd
Mortgage Due Mar 01, 2043
Local assessors in Palm Desert, CA have categorized 242 Paseo Bravo as a residential type of property. The home was built in 2012 and is 12 years old. It was most recently renovated and altered in 2013. The property's lot size has been calculated to be 1,310 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 242 Paseo Bravo has a total of 1,270 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 458 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 242 Paseo Bravo was last sold in May 5, 2017 for $197,000. According to our calculations, that's $114.00 per sqft. Prior to that sales transaction, the property was sold for $167,000 in Feb 5, 2013. Current property owners are expected to pay $3,400 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 242 Paseo Bravo was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $219,752. To break that down further, the land itself was valued at $44,618. While improvements to the property were assessed at a total of $175,134. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 458
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,310
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,270
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: ALEGRIA AT SPANISH WALK
  • Land Acres: 0.03
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: UNIT 306 CM 208/042 INT COM IN LOT 1-P,11-P OF TR 33837-1 MB 402/004

Ownership

  • Current Owner : MOGHADAM FARIBORZ SHARIFI
  • Previous Owner : KELLER STEVEN POHIMAN
  • Owner Before Previous Owner: D R HORTON LOS ANGELES HOLDING COMPANY I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044922

Zoning

  • Zoning: CBOOK

Geography

  • Subdivision Tract Number: 33837-1
  • Parcel: 694-173-020
  • Lot: 306
  • Municipality: PALM DESERT
  • Latitude: 33.7764
  • Longitude: -116.341

    Address

  • Full Address: 242 Paseo Bravo
  • Address - House Number: 242
  • Address - Street Name: Paseo Bravo
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C070
  • 4-Digit Zip Code: 5716
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 1,270
  • Tax Year: 2023
  • Tax Amount: $3,400
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 018-165

    Appraisal Valuation

  • Standard Deviation: 0.2415
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 395,051
  • High Value: 490,465
  • Low Value: 299,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,400
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 09, 2017
  • First Open Lien Mortgage Loan Amount: $110,400
  • 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: Jul 01, 2047

    Market Valuation

  • Market Total Value: $234,810

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,752
  • Assessed Land Value: $44,618
  • Assessed Improvements Value: $175,134

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2017
  • Current Sale Recording Date: Jun 09, 2017
  • Current Sale Transaction ID: 1590433354
  • Current Sale Price: $197,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0232584
  • Previous Sale Recording Date: Feb 19, 2013
  • Previous Sale Contract Date: Feb 05, 2013
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jun 09, 2017
  • First Mortgage Loan Amount: $110,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Feb 19, 2013
  • Previous Mortgage Loan Amount: $150,025
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2043

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Frequently Asked Questions

What neighborhood is 242 Paseo Bravo located in?
The 242 Paseo Bravo is a located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 242 Paseo Bravo?
The average sales price for units in 242 Paseo Bravo is $0 currently.

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