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37226 Festival Drive

37226 Festival Drive, Palm Desert, CA 92211
Property in Riverside
Sold Feb 24, 2017
$400,000
$1,012,500 by Longbridge Financial Llc
Mortgage
Sold Jun 19, 2000
$315,000
37226 Festival Drive has been categorized by the local assessors in Palm Desert, CA as a residential type of property. The building on the property was first built in 1992 and is 32 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 37226 Festival Drive has 2,128 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,841 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 565 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 37226 Festival Drive was last sold in Jan 31, 2017 for $400,000. According to our calculations, that's $137.50 per sqft. Prior to that sales transaction, the property was sold for $315,000 in Apr 5, 2000. Current property owners are expected to pay $5,756 in taxes per year. The property on 37226 Festival Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $446,205. To break that down further, the land itself was valued at $156,172. While improvements to the property were assessed at a total of $290,033. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 565
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,909
  • Gross Building Area: 2,909
  • Building Area: 2,128
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,128
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 27221
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 45 MB 238/075 TR 27221

Ownership

  • Current Owner : KANTOR RACHEL
  • Current Owner 2: KANTOR RICHARD D
  • Previous Owner : OESTERLING ARLYS M
  • Owner Before Previous Owner: MCMILLIN BONNIE F MCKINNEY
  • Owner Before Previous Owner 2: CATON HUGH RILEY
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 051401

Geography

  • Subdivision Tract Number: 27221
  • Parcel: 748-050-024
  • Lot: 45
  • Municipality: DESERT SANDS
  • Latitude: 33.7788
  • Longitude: -116.289

    Address

  • Full Address: 37226 Festival Dr
  • Address - House Number: 37226
  • Address - Street Name: Festival
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: R080
  • 4-Digit Zip Code: 1432
  • Zip Code: 92211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,756
  • Tax Rate Code Area: 075-135

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 621,195
  • High Value: 731,545
  • Low Value: 510,846

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,012,500
  • First Open Lien Mortgage Lender: LONGBRIDGE FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Aug 08, 2022
  • First Open Lien Mortgage Loan Amount: $1,012,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $446,205
  • Assessed Land Value: $156,172
  • Assessed Improvements Value: $290,033

    Sales

  • Current Sale Contract Date: Jan 31, 2017
  • Current Sale Recording Date: Feb 24, 2017
  • Current Sale Transaction ID: 1980323672
  • Current Sale Price: $400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-0080238
  • Previous Sale Recording Date: Jun 19, 2000
  • Previous Sale Contract Date: Apr 05, 2000
  • Previous Sale Amount: $315,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: Feb 24, 2017
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 37226 Festival Drive located in?
The 37226 Festival Drive is a located in the neighborhood of Riverside in Desert Palms, Palm Desert.
What is the average sales price for listings in 37226 Festival Drive?
The average sales price for units in 37226 Festival Drive is $0 currently.

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