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74480 Fairway Drive

74480 Fairway Drive, Palm Desert, CA 92260
Property in Panorama Ranch
Sold Aug 10, 2009
$250,000
$1,099,500 by Federal Housing Commissioner
Mortgage
Sold Apr 27, 2009
$349,523
74480 Fairway Drive in Palm Desert, CA was first built in 1970 and is 54 years old. 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 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 74480 Fairway Drive has 1,613 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 7,841 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 gravel/rock. 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 593 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 condition of the building has been evaluated as good. 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 74480 Fairway Drive was last sold in Jun 23, 2009 for $250,000. According to our calculations, that's $106.43 per sqft. Prior to that sales transaction, the property was sold for $349,523 in Apr 22, 2009. Current property owners are expected to pay $4,347 in taxes per year. The property on 74480 Fairway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $310,161. To break that down further, the land itself was valued at $105,451. While improvements to the property were assessed at a total of $204,710. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 593
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,349
  • Gross Building Area: 2,349
  • Building Area: 1,613
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,613
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PANORAMA RANCH
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 144 MB 023/022 PANORAMA RANCH

Ownership

  • Current Owner : SCHER WESTLEY
  • Current Owner 2: SCHER LINDA MICHELLE
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: DERFLER KATHLEEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 045117

Zoning

  • Zoning: R1

Geography

  • Parcel: 625-215-016
  • Lot: 144
  • Municipality: PALM DESERT
  • Latitude: 33.7148
  • Longitude: -116.365

    Address

  • Full Address: 74480 Fairway Dr
  • Address - House Number: 74480
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C067
  • 4-Digit Zip Code: 4947
  • Zip Code: 92260

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,347
  • Tax Rate Code Area: 018-056

    Appraisal Valuation

  • Standard Deviation: 0.1865
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 594,276
  • High Value: 705,168
  • Low Value: 483,385

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,099,500
  • First Open Lien Mortgage Lender: FEDERAL HOUSING COMMISSIONER
  • First Open Lien Mortgage Recording Date: May 31, 2023
  • First Open Lien Mortgage Loan Amount: $1,099,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $310,161
  • Assessed Land Value: $105,451
  • Assessed Improvements Value: $204,710

    Sales

  • Current Sale Contract Date: Jun 23, 2009
  • Current Sale Recording Date: Aug 10, 2009
  • Current Sale Transaction ID: 1042030264
  • Current Sale Price: $250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009-0415503
  • Previous Sale Recording Date: Apr 27, 2009
  • Previous Sale Contract Date: Apr 22, 2009
  • Previous Sale Amount: $349,523
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 10, 2009
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 01, 2039

About Panorama Ranch



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Frequently Asked Questions

What neighborhood is 74480 Fairway Drive located in?
The 74480 Fairway Drive is a located in the neighborhood of Panorama Ranch in Panorama Ranch, Palm Desert.
What is the average sales price for listings in 74480 Fairway Drive?
The average sales price for units in 74480 Fairway Drive is $0 currently.

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