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73743 Picasso Drive

73743 Picasso Drive, Palm Desert, CA 92211
House in Riverside
Sold Feb 29, 2024
$990,000
$720,000 by Bmo Bank Na
Mortgage Due Mar 01, 2054
Sold Jul 01, 2021
$901,000
$400,888 by West One Capital Group Inc
Mortgage Due Jul 01, 2051
Local assessors in Palm Desert, CA have categorized 73743 Picasso Drive as a residential type of property. The home was built in 2014 and is 10 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 11,326 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 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 73743 Picasso Drive has a total of 2,917 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 570 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. 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. 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, 73743 Picasso Drive sold most recently in Feb 22, 2024 for a total of $990,000. If you work out the math, that's approximately a cost of $255.62 per sqft. Before that, the property was also sold for $901,000 in Jun 10, 2021. 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 $14,004 in taxes each year. 73743 Picasso Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $918,000. If we break it down further, the land itself was valued at $89,250. Improvements to the property, however, were assessed at a total of $828,750. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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: 2014
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 570
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,873
  • Gross Building Area: 3,873
  • Building Area: 2,917
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,917
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 31490 1
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .26 ACRES IN LOT 141 MB 412/027 TR 31490-1

Ownership

  • Current Owner : KELLY HARRISON M
  • Current Owner 2: KELLY HOLLY A
  • Previous Owner : STANKIEWICZ KATHY SEPARATE PROPERTY TRUS
  • Owner Before Previous Owner: OLSEN DANIEL K
  • Owner Before Previous Owner 2: POWERS JAMES M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044922

Geography

  • Subdivision Tract Number: 31490-1
  • Parcel: 694-260-037
  • Lot: 141
  • Municipality: PALM DESERT
  • Latitude: 33.791
  • Longitude: -116.377

    Address

  • Full Address: 73743 Picasso Dr
  • Address - House Number: 73743
  • Address - Street Name: Picasso
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C049
  • 4-Digit Zip Code: 4532
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 2,917
  • Tax Year: 2023
  • Tax Amount: $14,004
  • Tax Rate Code Area: 018-393

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 94
  • Final Value: 1,134,836
  • High Value: 1,221,049
  • Low Value: 1,048,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: BMO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 29, 2024
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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, 2054

    Market Valuation

  • Market Total Value: $794,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $918,000
  • Assessed Land Value: $89,250
  • Assessed Improvements Value: $828,750

    Sales

  • Current Sale Contract Date: Feb 22, 2024
  • Current Sale Recording Date: Feb 29, 2024
  • Current Sale Transaction ID: 11921673059
  • Current Sale Price: $990,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 55977
  • Previous Sale Recording Date: Jul 01, 2021
  • Previous Sale Contract Date: Jun 10, 2021
  • Previous Sale Amount: $901,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO BANK NA
  • First Mortgage Transaction Date: Feb 29, 2024
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: WEST ONE CAPITAL GROUP INC
  • Previous Mortgage Transaction Date: Jul 01, 2021
  • Previous Mortgage Loan Amount: $400,888
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 73743 Picasso Drive located in?
The 73743 Picasso Drive is a house located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 73743 Picasso Drive?
The average sales price for units in 73743 Picasso Drive is $0 currently.

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