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73236 Somera Road

73236 Somera Road, Palm Desert, CA 92260
Property in Riverside
Sold Oct 15, 2014
$500,000
$442,000 by A&d Mortgage Llc
Mortgage Due Nov 01, 2050
Sold Oct 23, 2013
$460,000
$227,000 by Rmc Vanguard Mortgage Corp
Mortgage Due Nov 01, 2043
73236 Somera Road in Palm Desert, CA was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 1974. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 73236 Somera Road has 2,289 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 505 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 73236 Somera Road sold most recently in Sep 15, 2014 for a total of $500,000. If you work out the math, that's approximately a cost of $153.47 per sqft. Before that, the property was also sold for $460,000 in Sep 18, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,587 in taxes each year. 73236 Somera Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $577,580. If we break it down further, the land itself was valued at $173,271. Improvements to the property, however, were assessed at a total of $404,309. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 505
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 3,258
  • Gross Building Area: 3,258
  • Building Area: 2,289
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,289
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 4704
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 1 MB 074/079 TR 4704

Ownership

  • Current Owner : REED JAMES W
  • Current Owner 2: REED CAROLYN P
  • Previous Owner : CURTIN JANE
  • Previous Owner 2: FALK JAMES
  • Owner Before Previous Owner: AB JACOBS & ASSOCIATES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045114

Zoning

  • Zoning: R113M

Geography

  • Subdivision Tract Number: 4704
  • Parcel: 630-301-001
  • Lot: 1
  • Municipality: PALM DESERT
  • Latitude: 33.7021
  • Longitude: -116.387

    Address

  • Full Address: 73236 Somera Rd
  • Address - House Number: 73236
  • Address - Street Name: Somera
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C061
  • 4-Digit Zip Code: 6041
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 2,289
  • Tax Year: 2023
  • Tax Amount: $7,587
  • Tax Rate Code Area: 018-312

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 1,084,445
  • High Value: 1,270,833
  • Low Value: 898,058

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $442,000
  • First Open Lien Mortgage Lender: A&D MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 14, 2020
  • First Open Lien Mortgage Loan Amount: $442,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $1,084,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $577,580
  • Assessed Land Value: $173,271
  • Assessed Improvements Value: $404,309

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2014
  • Current Sale Recording Date: Oct 15, 2014
  • Current Sale Transaction ID: 1018871699
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-0392236
  • Previous Sale Recording Date: Oct 23, 2013
  • Previous Sale Contract Date: Sep 18, 2013
  • Previous Sale Amount: $460,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON CAPITAL
  • First Mortgage Transaction Date: Oct 15, 2014
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2044
  • Second Mortgage Lender: TCF NATIONAL BANK
  • Second Mortgage Loan Amount: $49,500
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Due Date: Nov 08, 2044

    Previous Mortgages

  • Previous Mortgage Lender: RMC VANGUARD MORTGAGE CORP
  • Previous Mortgage Transaction Date: Oct 23, 2013
  • Previous Mortgage Loan Amount: $227,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2043

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Frequently Asked Questions

What neighborhood is 73236 Somera Road located in?
The 73236 Somera Road is a located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 73236 Somera Road?
The average sales price for units in 73236 Somera Road is $0 currently.

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