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73590 Malabata Drive

73590 Malabata Drive, Palm Desert, CA 92260
Property in Riverside
Sold Jan 28, 2022
$950,000
Sold Jan 28, 2022
$24,227
73590 Malabata 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 1977 and is 47 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 73590 Malabata Drive has 2,652 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 4,356 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 555 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 and being fueled with gas. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Jan 20, 2022 for $950,000. That's $226.62 per sqft. Prior to that sales transaction, the property was also sold in Jan 18, 2022 for $24,227. 73590 Malabata Drive was last assessed in 2023. The total value of the property was assessed at $969,000. Specifically, the land the property is located on was valued at $341,700. While improvements on the property were assessed at a total of $627,300. 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 $12,707. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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

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

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 555
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 4,192
  • Gross Building Area: 4,192
  • Building Area: 2,652
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,652
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 62291
  • Land Acres: 0.1
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: LOT 24 MB 083/007 TR 6229-1

Ownership

  • Current Owner : KLW PROPERTY TRUST
  • Previous Owner : MORTENSEN FAMILY REVOCABLE TRUST
  • Owner Before Previous Owner: MARRAKESH COMMUNITY ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045115

Zoning

  • Zoning: PR030

Geography

  • Subdivision Tract Number: 6229-1
  • Parcel: 630-390-024
  • Lot: 24
  • Municipality: PALM DESERT
  • Latitude: 33.7077
  • Longitude: -116.38

    Address

  • Full Address: 73590 Malabata Dr
  • Address - House Number: 73590
  • Address - Street Name: Malabata
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C009
  • 4-Digit Zip Code: 5847
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 2,652
  • Tax Year: 2023
  • Tax Amount: $12,707
  • Tax Rate Code Area: 018-006

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 74
  • Final Value: 997,220
  • High Value: 1,186,252
  • Low Value: 808,188

    Market Valuation

  • Market Total Value: $830,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $969,000
  • Assessed Land Value: $341,700
  • Assessed Improvements Value: $627,300

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Jan 28, 2022
  • Current Sale Transaction ID: 11888485707
  • Current Sale Price: $950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 46604
  • Previous Sale Recording Date: Jan 28, 2022
  • Previous Sale Contract Date: Jan 18, 2022
  • Previous Sale Amount: $24,227
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 73590 Malabata Drive located in?
The 73590 Malabata Drive is a located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 73590 Malabata Drive?
The average sales price for units in 73590 Malabata Drive is $0 currently.

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