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73285 Riata Trail

73285 Riata Trail, Palm Desert, CA 92260
Sold Jan 20, 2021
$900,000
$700,000 by Fairway Independent Mortgage C
Mortgage Due Feb 01, 2051
Sold Dec 09, 2011
$592,500
73285 Riata Trail in Palm Desert, CA was first built in 1961 and is 63 years old. Although, the building on the property was most recently renovated and altered in 1962. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 73285 Riata Trail has 2,871 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 24,394 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 598 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 D. The exterior walls of the home are made of stucco. 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. The property was last sold in Dec 4, 2020 for $900,000. That's $249.65 per sqft. Prior to that sales transaction, the property was also sold in Oct 9, 2009 for $592,500. 73285 Riata Trail was last assessed in 2023. The total value of the property was assessed at $936,360. Specifically, the land the property is located on was valued at $31,212. While improvements on the property were assessed at a total of $905,148. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $12,134. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 598
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 24,394
  • Total Building Area: 3,605
  • Gross Building Area: 3,605
  • Building Area: 2,871
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,871
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SILVER SPUR RANCH UNIT 2
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 64 MB 033/002 SILVER SPUR RANCH UNIT 2

Ownership

  • Current Owner : BROWN DENNIS
  • Current Owner 2: BROWN KRISTEN LYNN
  • Previous Owner : LLOYD FRAN
  • Previous Owner 2: LLOYD MURRAY
  • Owner Before Previous Owner: FRIED SUSAN
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: R120M

Geography

  • Parcel: 655-051-011
  • Lot: 64
  • Municipality: PALM DESERT
  • Latitude: 33.6967
  • Longitude: -116.385

    Address

  • Full Address: 73285 Riata Trl
  • Address - House Number: 73285
  • Address - Street Name: Riata
  • Address - Suffix Type: Trl
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C061
  • 4-Digit Zip Code: 6630
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 2,871
  • Tax Year: 2023
  • Tax Amount: $12,134
  • Tax Rate Code Area: 018-005

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 1,198,933
  • High Value: 1,406,048
  • Low Value: 991,819

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jan 20, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $792,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $936,360
  • Assessed Land Value: $31,212
  • Assessed Improvements Value: $905,148

    Sales

  • Current Sale Contract Date: Dec 04, 2020
  • Current Sale Recording Date: Jan 20, 2021
  • Current Sale Transaction ID: 11814910853
  • Current Sale Price: $900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0035205
  • Previous Sale Recording Date: Dec 09, 2011
  • Previous Sale Contract Date: Oct 09, 2009
  • Previous Sale Amount: $592,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jan 20, 2021
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 73285 Riata Trail located in?
The 73285 Riata Trail is a located in the neighborhood of Silver Spur Ranch in Silver Spur Ranch, Palm Desert.
What is the average sales price for listings in 73285 Riata Trail?
The average sales price for units in 73285 Riata Trail is $0 currently.

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