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74825 Fairway Drive

74825 Fairway Drive, Palm Desert, CA 92260
House in Riverside
Sold Sep 11, 2023
$1,575,000
$885,000 by Hsbc Bank Usa Na
Mortgage Due Oct 01, 2053
Sold May 25, 2018
$690,000
$453,100 by Cstone Mortgage Inc
Mortgage Due Jun 01, 2048
Local assessors in Palm Desert, CA have categorized 74825 Fairway Drive as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 2006. The property's lot size has been calculated to be 20,909 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. 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 are 2 full bathrooms. 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 74825 Fairway Drive has a total of 3,382 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 400 sqft. There are 3 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. The building has a roof that is made of gravel/rock. 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. The property was last sold in Sep 5, 2023 for $1,575,000. That's $337.48 per sqft. Prior to that sales transaction, the property was also sold in Apr 23, 2018 for $690,000. 74825 Fairway Drive was last assessed in 2023. The total value of the property was assessed at $855,126. Specifically, the land the property is located on was valued at $295,283. While improvements on the property were assessed at a total of $559,843. 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 $11,227. 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

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 2006
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Building Style: Multifamily
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 4,667
  • Gross Building Area: 4,667
  • Building Area: 3,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,382
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: FAIRVIEW HEIGHTS UNIT #1
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: .48 ACRES M/L IN PAR 1 PM 044/028 PM 9866

Ownership

  • Current Owner : NORRIS VIVATRAT AND JOHANNA CHI CHANG 2012 TR
  • Current Owner 2: VIVATRAT
  • Previous Owner : MARCINKOWSKI FAMILY TRUST
  • Owner Before Previous Owner: PITCHFORD VERA L
  • 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: 045117

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 9866
  • Parcel: 625-253-025
  • Lot: 1
  • Municipality: PALM DESERT
  • Latitude: 33.7145
  • Longitude: -116.36

    Address

  • Full Address: 74825 Fairway Dr
  • Address - House Number: 74825
  • Address - Street Name: Fairway
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C037
  • 4-Digit Zip Code: 4566
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 840
  • Tax Year: 2023
  • Tax Amount: $11,227
  • Tax Rate Code Area: 018-006

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 94
  • Final Value: 1,747,563
  • High Value: 1,880,325
  • Low Value: 1,614,802

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $885,000
  • First Open Lien Mortgage Lender: HSBC BANK USA NA
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • First Open Lien Mortgage Loan Amount: $885,000
  • 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: Oct 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $855,126
  • Assessed Land Value: $295,283
  • Assessed Improvements Value: $559,843

    Sales

  • Current Sale Contract Date: Sep 05, 2023
  • Current Sale Recording Date: Sep 11, 2023
  • Current Sale Transaction ID: 11912986787
  • Current Sale Price: $1,575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 267326
  • Previous Sale Recording Date: May 25, 2018
  • Previous Sale Contract Date: Apr 23, 2018
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA NA
  • First Mortgage Transaction Date: Sep 11, 2023
  • First Mortgage Loan Amount: $885,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CSTONE MORTGAGE INC
  • Previous Mortgage Transaction Date: May 25, 2018
  • Previous Mortgage Loan Amount: $453,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

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Frequently Asked Questions

What neighborhood is 74825 Fairway Drive located in?
The 74825 Fairway Drive is a house located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 74825 Fairway Drive?
The average sales price for units in 74825 Fairway Drive is $0 currently.

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