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78255 Griffin Drive

78255 Griffin Drive, Palm Desert, CA 92211
House in Riverside
Sold May 10, 2023
$645,000
$245,000 by Franklin Loan Center
Mortgage Due Jun 01, 2053
Sold Sep 07, 2022
$649,000
78255 Griffin 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 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 1999. 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, 78255 Griffin Drive has 2,323 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 7,405 square feet.

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 733 sqft. According to our sources, there are a total of 3 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. 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. 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, 78255 Griffin Drive sold most recently in Apr 17, 2023 for a total of $645,000. If you work out the math, that's approximately a cost of $185.50 per sqft. Before that, the property was also sold for $649,000 in Aug 19, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $8,325 in taxes each year. 78255 Griffin Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $649,000. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $619,000. 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: 1998
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 733
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 3,477
  • Gross Building Area: 3,477
  • Building Area: 2,323
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,323
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PALM DESERT
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: LOT 39 MB 258/054 TR 27365-2

Ownership

  • Current Owner : CLARK E JANE
  • Previous Owner : HOFFMAN JOSEPH O
  • Previous Owner 2: HOFFMAN CAROL A
  • Owner Before Previous Owner: STERN FAMILY 1996 REVOCABLE TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 051402

Zoning

  • Zoning: SPZONE

Geography

  • Subdivision Tract Number: 27365-2
  • Parcel: 748-320-071
  • Lot: 39
  • Municipality: DESERT SANDS
  • Latitude: 33.767
  • Longitude: -116.298

    Address

  • Full Address: 78255 Griffin Dr
  • Address - House Number: 78255
  • Address - Street Name: Griffin
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: R082
  • 4-Digit Zip Code: 1816
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 2,323
  • Tax Year: 2023
  • Tax Amount: $8,325
  • Tax Rate Code Area: 075-135

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 77
  • Final Value: 677,692
  • High Value: 798,077
  • Low Value: 557,306

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: FRANKLIN LOAN CENTER
  • First Open Lien Mortgage Recording Date: May 10, 2023
  • First Open Lien Mortgage Loan Amount: $245,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $741,240

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $649,000
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $619,000

    Sales

  • Current Sale Contract Date: Apr 17, 2023
  • Current Sale Recording Date: May 10, 2023
  • Current Sale Transaction ID: 11906406537
  • Current Sale Price: $645,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 134274
  • Previous Sale Recording Date: Sep 07, 2022
  • Previous Sale Contract Date: Aug 19, 2022
  • Previous Sale Amount: $649,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN LOAN CENTER
  • First Mortgage Transaction Date: May 10, 2023
  • First Mortgage Loan Amount: $245,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

About Desert Palms



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Unit for rent at

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  • 1 Bath
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$1,095 /mo

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Frequently Asked Questions

What neighborhood is 78255 Griffin Drive located in?
The 78255 Griffin Drive is a house located in the neighborhood of Riverside in Desert Palms, Palm Desert.
What is the average sales price for listings in 78255 Griffin Drive?
The average sales price for units in 78255 Griffin Drive is $0 currently.

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