Check Availability

74215 El Cortez Way

74215 El Cortez Way, Palm Desert, CA 92260
Sold Apr 18, 2019
$115,000
$91,000 by Franklin Loan Center
Mortgage Due May 01, 2034
Local assessors in Palm Desert, CA have categorized 74215 El Cortez Way as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 6,970 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, 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 are 2 full bathrooms. There are also 2 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 74215 El Cortez Way has a total of 1,832 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 336 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 74215 El Cortez Way sold most recently in Apr 2, 2019 for a total of $115,000. If you work out the math, that's approximately a cost of $49.83 per sqft. 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 $4,589 in taxes each year. 74215 El Cortez Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $348,462. If we break it down further, the land itself was valued at $87,919. Improvements to the property, however, were assessed at a total of $260,543. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1989
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,308
  • Gross Building Area: 2,308
  • Building Area: 1,832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,832
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALMA VILLAGE UNIT 6
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 5 BLK E MB 020/081 PALMA VILLAGE UNIT 6

Ownership

  • Current Owner : MARTIN LEON
  • Current Owner 2: LEON LUISA
  • Previous Owner : LEON GREGORIO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045127

Zoning

  • Zoning: R1

Geography

  • Parcel: 625-063-005
  • Block: E
  • Lot: 5
  • Municipality: PALM DESERT
  • Latitude: 33.7247
  • Longitude: -116.37

    Address

  • Full Address: 74215 El Cortez Way
  • Address - House Number: 74215
  • Address - Street Name: El Cortez
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C056
  • 4-Digit Zip Code: 3012
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 1,832
  • Tax Year: 2023
  • Tax Amount: $4,589
  • Tax Rate Code Area: 018-002

    Appraisal Valuation

  • Standard Deviation: 0.1718
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 613,605
  • High Value: 719,068
  • Low Value: 508,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,000
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: Apr 18, 2019
  • First Open Lien Mortgage Loan Amount: $91,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2034

    Market Valuation

  • Market Total Value: $532,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,462
  • Assessed Land Value: $87,919
  • Assessed Improvements Value: $260,543

    Sales

  • Current Sale Contract Date: Apr 02, 2019
  • Current Sale Recording Date: Apr 18, 2019
  • Current Sale Transaction ID: 11599572459
  • Current Sale Price: $115,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019-0132803

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: Apr 18, 2019
  • First Mortgage Loan Amount: $91,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2034

About Palma Village Groves



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 69 Sutton Place, Palm Desert, CA, 92211

$6,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,002 ft²
69 Sutton Place, Palm Desert, CA, 92211 Listing by Myriam Solan S Westendorf
Unit for rent at 73466 Salt Cedar St Street, Palm Desert, CA, 92260

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 1,983 ft²
73466 Salt Cedar St Street, Palm Desert, CA, 92260 Listing by Martha Grijalva
Unit for rent at 25 Maximo Way, Palm Desert, CA, 92260

$7,800 /mo

  • 3 Beds
  • 3 Baths
  • 2,050 ft²
25 Maximo Way, Palm Desert, CA, 92260 Listing by Patricia Lakatua
Unit for rent at 177 Madrid Avenue, Palm Desert, CA, 92260

$5,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,303 ft²
177 Madrid Avenue, Palm Desert, CA, 92260 Listing by Jessica L Balesteri
Unit for rent at 43 Cueta Drive, Rancho Mirage, CA, 92270

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,693 ft²
43 Cueta Drive, Rancho Mirage, CA, 92270 Listing by Lynne Chasen
Unit for rent at 75270 Inverness Drive Drive, Indian Wells, CA, 92210

$8,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,568 ft²
75270 Inverness Drive Drive, Indian Wells, CA, 92210 Listing by Bobbi - Lou Webb
Unit for rent at 75290 Inverness Drive, Indian Wells, CA, 92210

$8,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,644 ft²
75290 Inverness Drive, Indian Wells, CA, 92210 Listing by Zwemmer Realty Group

Frequently Asked Questions

What neighborhood is 74215 El Cortez Way located in?
The 74215 El Cortez Way is a located in the neighborhood of Palma Village Groves in Palma Village Groves, Palm Desert.
What is the average sales price for listings in 74215 El Cortez Way?
The average sales price for units in 74215 El Cortez Way is $0 currently.

Quantcast