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38761 Palm Valley Drive

38761 Palm Valley Drive, Palm Desert, CA 92211
Property in Riverside
Sold Sep 23, 2003
$442,000
$340,000 by United American Mortgage Corp
Mortgage Due Mar 01, 2051
Sold Jun 08, 1999
$365,000
$100,000 by Pacific Northern Construction
Mortgage
Local assessors in Palm Desert, CA have categorized 38761 Palm Valley Drive as a residential type of property. The home was built in 1988 and is 36 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 3,485 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 7 rooms in the home. Of these, 3 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 3 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 38761 Palm Valley Drive has a total of 2,489 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. Lots of stucco were used in the construction of the exterior walls of the home. 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, 38761 Palm Valley Drive was last sold in Aug 13, 2003 for $442,000. According to our calculations, that's $145.92 per sqft. Prior to that sales transaction, the property was sold for $365,000 in Jun 2, 1999. Current property owners are expected to pay $7,811 in taxes per year. The property on 38761 Palm Valley Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $604,007. To break that down further, the land itself was valued at $150,997. While improvements to the property were assessed at a total of $453,010. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1988
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 3,029
  • Gross Building Area: 3,029
  • Building Area: 2,489
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,489
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALM VALLEY COUNTRY CLUB
  • Land Acres: 0.8
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: UNIT 784 CM 066/122 INT IN COM LOTS 46-P & 47-P TR 18774 MB 138/91

Ownership

  • Current Owner : GALLAGHER JOHN K
  • Current Owner 2: GALLAGHER LORI R
  • Previous Owner : CONRAD JOSEPH H
  • Previous Owner 2: CONRAD PATRICIA A
  • Owner Before Previous Owner: PACIFIC NORTHERN CONSTRUCTION INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 044922

Zoning

  • Zoning: CONDO

Geography

  • Subdivision Tract Number: 18774
  • Parcel: 626-221-019
  • Lot: 784
  • Municipality: PALM DESERT
  • Latitude: 33.7678
  • Longitude: -116.332

    Address

  • Full Address: 38761 Palm Valley Dr
  • Address - House Number: 38761
  • Address - Street Name: Palm Valley
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C033
  • 4-Digit Zip Code: 5004
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 2,489
  • Tax Year: 2023
  • Tax Amount: $7,811
  • Tax Rate Code Area: 018-221

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 872,877
  • High Value: 1,035,735
  • Low Value: 710,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: UNITED AMERICAN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 22, 2021
  • First Open Lien Mortgage Loan Amount: $340,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $752,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $604,007
  • Assessed Land Value: $150,997
  • Assessed Improvements Value: $453,010

    Sales

  • Current Sale Contract Date: Aug 13, 2003
  • Current Sale Recording Date: Sep 23, 2003
  • Current Sale Transaction ID: 1041951088
  • Current Sale Price: $442,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2003-741104
  • Previous Sale Recording Date: Jun 08, 1999
  • Previous Sale Contract Date: Jun 02, 1999
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 23, 2003
  • First Mortgage Loan Amount: $353,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2033
  • Second Mortgage Loan Amount: $44,200

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC NORTHERN CONSTRUCTION
  • Previous Mortgage Transaction Date: Jun 08, 1999
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 38761 Palm Valley Drive located in?
The 38761 Palm Valley Drive is a located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 38761 Palm Valley Drive?
The average sales price for units in 38761 Palm Valley Drive is $0 currently.

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