38420 Waverly Road, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath
38420 Waverly Road
Palm Desert, California 92211
Property Price
SUMMARY
Analysis of 38420 Waverly Road, Palm Desert, California 92211 reveals a Fairly Priced Property with a current list price of $639,900 aligned with the estimated $624,581 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Palm Desert Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38420 Waverly Road Subject | $639,900* List Price | 3 | 3 | 2,304 | $271 | - |
A 78776 Tamarisk Flower Drive Sold | $536,250 | 3 | 3 | 2,167 | $247 | 0.9 mi |
B 78197 Bonanza Drive Sold | $680,000 | 3 | 3 | 2,029 | $335 | 0.3 mi |
C 78854 Tamarind Pod Court Sold | $579,000 | 3 | 3 | 2,034 | $285 | 1.0 mi |
D 78496 Sterling Lane Sold | $600,000 | 2 | 3 | 2,395 | $251 | 0.5 mi |
E 78147 Hunter Point Road Active | $549,000 List Price | 3 | 2 | 2,304 | $238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1995, this property is well-maintained but shows its age through dated features. The kitchen is equipped with older white appliances and traditional cabinetry, and the powder room features a highly stylized and dated design with black marble-look walls and ornate fixtures. While the home is clean and functional, it requires minor updates to modernize the kitchen and bathrooms to current aesthetic standards, aligning with a property built over 20 years ago that has not undergone a full recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Premier 55+ Community & Amenities
Located in the award-winning, gated Sun City community, offering extensive amenities including clubhouses, pools, two regulation golf courses, walking trails, and dog parks, fostering an active and secure lifestyle.
- Spacious & Functional Layout
A generous 2,304 sqft Pave model featuring 3 bedrooms, 2.5 bathrooms, high ceilings, separate living and family rooms with a fireplace, a formal dining area, and a dedicated home office with built-in furniture.
- Well-Maintained Condition
The property is described as 'well maintained,' suggesting it is in good condition and potentially move-in ready, reducing immediate renovation concerns.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The seller explicitly states they will not make any repairs or give any credit, placing the burden of any necessary fixes or upgrades entirely on the buyer.
- High Association Fees
A significant monthly association fee of $1,168.50 adds substantially to the overall cost of ownership, which may be a deterrent for some buyers.
- Potential for Dated Interior/Systems
Built in 1995, and while well-maintained, the description does not highlight recent major renovations, suggesting some interior elements or major systems (e.g., HVAC, water heater) might be original or require updating to modern standards.
About 38420 Waverly Road
Award-winning 55+ community. This well maintained Pave model is 2,304 square feet of living area . Included in this lovely one level unit are three bedrooms , two-and-a-half bathrooms , high ceilings , numerous windows , formal dining area, large living room, spacious family room with fireplace, and a breakfast area . The primary bedroom suite has an enormous bath and spacious walk-in closet. One bedroom is being utilized as a home office with a built in desk and file storage furniture. Being a gated community, this home offers both privacy and security. Also included in the unit are separate laundry room, 2 car private garage plus a private golf cart garage with a separate door. Residents have access to community club houses and pools which makes it a perfect spot for relaxing and mingling with other residents. There are two well maintained regulation golf courses available to residents, plus walking trails, and dog parks. Seller will nor make any repairs or give any credit.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1168.5 / Month
Neighborhood Insights
Palm Desert Unified Schools
Ronald Reagan Elementary School
Grades K-5 • 1.1 mi
Dwight Eisenhower Elementary School
Grades K-5 • 6.1 mi
Desert Ridge Academy
Grades 6-8 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,304 | 1,931 | 68% |
| Lot Size | 8,712 | 6,534 | 79% |
| Price | $639.9K | $560.0K | 64% |
| Price per sq ft | $278 | $312 | 28% |
| Built year | 1995 | 2000 | 28% |
| HOA | $1168.5 | $396 | 97% |
| Days on market | 449 | 166 | 0% |
Pricing History
Listed for Sale
Dec 14, 2024
$639,900
Initial Listing