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Sold for $588,000
  • Listed by: Ready Properties • Niki Vrondakis • Contact: 951-443-9444
    Bought with: Regency Residential
    $588,000

    74056 El Cortez Way, Palm Desert, CA 92260

    6beds
    2,066sqft
    Single Family Residence
    Built in 1953
    6,970 Square Feet Lot
    $616,200 Zestimate®
    $285/sqft
    $4,250 Estimated rent

    Home value

    $616,200

    $573,000 - $659,000

    $4,250/mo

    Zestimate® history
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    What's special

    This is a fantastic opportunity in Palm Desert! This single family residence has an attached casita that offers multiple income producing opportunities! Live in the main home and rent the casita long term or consider the homeshare opportunities! This property has 6 bedrooms and 3 bathrooms total with the main home consisting of 4 bedrooms and 2 bathrooms and the casita consisting of 2 bedrooms and another bathroom. The interior has been updated with new paint, new kitchen cabinets and counter tops as well as tile showers and laminate plank flooring in the last few years. Best of all, the roof and AC have been updated! The current owners have used the property as a NON-conforming duplex, meaning they've rented both the casita and the main home to separate tenants! The home has endless potential and a large pool could be put in the backyard to take advantage of the beautiful mountain views and quiet serenity of the community. The property is conveniently located next to El Paseo and within walking distance to many delicious restaurants!

    Zillow last checked:

    Listing updated:

    Listed by:

    Niki Vrondakis DRE #01973686 951-443-9444,

    Ready Properties

    Bought with:

    Mohammad Rohani, DRE #02003663

    Regency Residential

    Source: CRMLS,MLS#: 219110277PSMLS LogoOriginating MLS: California Desert AOR & Palm Springs AOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Guest Quarters, Living Room
    Kitchen
    • Features: Quartz Counters, Remodeled, Updated Kitchen
    Heating
    • Central, Forced Air, Fireplace(s)
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Refrigerator, Water To Refrigerator
    Features
    • Flooring: Laminate, Vinyl
    • Has fireplace: Yes
    • Fireplace features: Gas Starter, Living Room
    Interior area
    • Total interior livable area: 2,066 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway, On Street, Unassigned
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 6,970 Square Feet
    • Features: Drip Irrigation/Bubblers, Sprinkler System
    Details
    • Additional structures: Guest House Attached
    • Parcel number: 625061003
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1953

    Community & HOA

    Community
    • Subdivision: Not Applicable-1
    Location
    • Region: Palm Desert

    Financial & listing details

    • Price per square foot: $285/sqft
    • Tax assessed value: $620,159
    • Annual tax amount: $8,470
    • Date on market: 4/18/2024
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    6/22/2024Pending sale$599,000+1.9%$290/sqft
    Source: Greater Palm Springs Realtors #219110277 Report a problem
    6/17/2024Sold$588,000-1.8%$285/sqft
    Source: CRMLS #219110277PS Report a problem
    5/21/2024Contingent$599,000$290/sqft
    Source: CDAR/ Desert Area MLS #219110277 Report a problem
    4/18/2024Listed for sale$599,000+4.2%$290/sqft
    Source: Greater Palm Springs Realtors #219110277 Report a problem
    8/23/2023Listing removed--
    Source: Greater Palm Springs Realtors #219097711 Report a problem
    7/24/2023Listed for sale$575,000+4.5%$278/sqft
    Source: CDAR/ Desert Area MLS #219097711 Report a problem
    6/17/2021Listing removed--
    Source: Greater Palm Springs Realtors Report a problem
    5/12/2021Price change$550,000-4.3%$266/sqft
    Source: Greater Palm Springs Realtors #219059955 Report a problem
    4/28/2021Listed for sale$575,000$278/sqft
    Source: Greater Palm Springs Realtors #219059955 Report a problem
    4/11/2021Listing removed--
    Source: Greater Palm Springs Realtors Report a problem
    4/6/2021Listed for sale$575,000+31%$278/sqft
    Source: Greater Palm Springs Realtors #219059955 Report a problem
    8/24/2020Listing removed$439,000$212/sqft
    Source: Pinnacle Estate Properties #SR20098692 Report a problem
    7/30/2020Pending sale$439,000$212/sqft
    Source: Pinnacle Estate Properties #SR20098692 Report a problem
    5/25/2020Listed for sale$439,000-0.2%$212/sqft
    Source: Pinnacle Estate Properties #SR20098692 Report a problem
    6/5/2019Listing removed$3,750$2/sqft
    Source: Robert Lewallen, Broker #219014147 Report a problem
    5/15/2019Listed for rent$3,750+4.2%$2/sqft
    Source: Robert Lewallen, Broker #219014147 Report a problem
    5/3/2019Listing removed$439,999$213/sqft
    Source: Ryan Stomel #SR19027255 Report a problem
    2/5/2019Listed for sale$439,999-0.9%$213/sqft
    Source: Ryan Stomel #SR19027255 Report a problem
    9/29/2018Listing removed$444,000$215/sqft
    Source: Ryan Stomel #SR18180484 Report a problem
    9/6/2018Price change$444,000-1.1%$215/sqft
    Source: Ryan Stomel #SR18180484 Report a problem
    7/27/2018Listed for sale$449,000+76.1%$217/sqft
    Source: Ryan Stomel #SR18180484 Report a problem
    5/17/2018Listing removed$3,600$2/sqft
    Source: Owner Report a problem
    5/9/2018Listed for rent$3,600$2/sqft
    Source: Owner Report a problem
    1/5/2018Sold$255,000-7.2%$123/sqft
    Source: Greater Palm Springs Realtors #217014454 Report a problem
    11/28/2017Pending sale$274,900+219.7%$133/sqft
    Source: Coldwell Banker Residential Brokerage - Palm Desert #217014454 Report a problem
    4/28/2011Sold$86,000-19.2%$42/sqft
    Source: Greater Palm Springs Realtors #21415882 Report a problem
    9/15/2009Sold$106,390-19.4%$51/sqft
    Source: Public Record Report a problem
    10/19/2000Sold$132,000$64/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,470 +97%$620,159 +118%
    2024$4,300 +3.2%$284,454 +2%
    2023$4,167 +3.9%$278,877 +2%
    2022$4,012 +2.4%$273,409 +2%
    2021$3,919 +1.6%$268,049 +1%
    2020$3,855 $265,301 +2%
    2019-- $260,100 +168.6%
    2018$1,799 +2.1%$96,826 +2%
    2017$1,762 $94,929 +2%
    2016$1,762 +3.3%$93,069 +1.5%
    2015$1,706 +15.4%$91,672 +2%
    2014$1,478 $89,878 +0.5%
    2013-- $89,474 +2%
    2012-- $87,720 -44.7%
    2011-- $158,722 +0.8%
    2010-- $157,538 +2%
    2009-- $154,450 +2%
    2008-- $151,422 +2%
    2007-- $148,454 +2%
    2006-- $145,544 +2%
    2005-- $142,691 +3.9%
    2003-- $137,332 +2%
    2002-- $134,640 +2%
    2001$1,633 +195.2%$132,000 +254.7%
    2000$553 $37,211
    Find assessor info on the county website

    Neighborhood: 92260

    Nearby schools

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    Estimated market value
    $616,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $616,200