74073 San Marino Circle, Palm Desert, California 92260, Palm Desert, 92260 - 3 bed, 2 bath

74073 San Marino Circle, Palm Desert, California 92260 home-pic-0
ACTIVE$565,000$1,488/sqft
Est. Value: $406,818
-27%
AboveEstimate
74073 San Marino Circle, Palm Desert, California 92260
3Beds
2Baths
1,488Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($406,818.23) is $158,181.77 (27%) lower than the list price ($565,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1488.
Top Cons:
Property Age & Potential Updates: Built in 1980, the home may require modernization of certain systems or finishes to meet contemporary standards and preferences, incurring additional costs.

Compared to the nearby listings

Price:$565.0K vs avg $829.0K ($-264,000)24%
Size:1,488 sqft vs avg 2,309 sqft20%
Price/sqft:$380 vs avg $37252%

More Insights

Built in 1980 (46 years old).
Condition: Built in 1980, this property is 44 years old. The MLS analysis explicitly notes 'Original Condition Elements' and that the home 'may require modernization of certain systems or finishes' for areas like the kitchen and bathrooms. The exterior image shows a significantly worn and discolored garage door, and a generally dated facade. Without any interior photos, and with the explicit mention of original condition, it's highly probable that the interior, especially the kitchen and bathrooms, requires substantial rehabilitation and updates to meet current standards and preferences.
Year Built
1980
Close
-
List price
$565K
Original List price
$565K
Price/Sqft
$380
HOA
-
Days on market
-
Sold On
-
MLS number
PW26007885
Home ConditionPoor
Features
View-

About this home

Welcome to this charming single-family residence located on a quiet cul-de-sac in the heart of Palm Desert. This well-situated home offers a functional floor plan with comfortable living spaces, ideal for full-time living, a second home, or an investment opportunity. The property features abundant natural light, a welcoming living area, and a layout that flows seamlessly for everyday living and entertaining. The home is equipped with solar, providing added energy efficiency and potential utility savings. The backyard offers ample space to relax or customize to your liking, whether you envision outdoor dining, a garden retreat, or future enhancements.

N
Naisa Santeyan
Listing Agent

Price History

Date
Event
Price
12/08/95
Sold
$74,000
01/10/18
Sold
$275,000
Condition Rating
Poor

Built in 1980, this property is 44 years old. The MLS analysis explicitly notes 'Original Condition Elements' and that the home 'may require modernization of certain systems or finishes' for areas like the kitchen and bathrooms. The exterior image shows a significantly worn and discolored garage door, and a generally dated facade. Without any interior photos, and with the explicit mention of original condition, it's highly probable that the interior, especially the kitchen and bathrooms, requires substantial rehabilitation and updates to meet current standards and preferences.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1488.
Prime & Quiet Location: Situated in the heart of Palm Desert on a quiet cul-de-sac, offering both convenience to local amenities and a peaceful living environment.
Solar Energy System: Equipped with solar panels, providing significant energy efficiency and potential utility cost savings, enhancing long-term value.
Functional & Bright Interior: Features a functional floor plan with comfortable living spaces, abundant natural light, and a seamless flow ideal for daily living and entertaining.
Versatile Investment Potential: Ideal for various buyer profiles, including full-time residents, a second home, or as a promising investment opportunity due to its location and features.
Spacious & Customizable Backyard: Offers a generously sized backyard with ample space for relaxation, outdoor dining, gardening, or future personalized enhancements.

Cons

Property Age & Potential Updates: Built in 1980, the home may require modernization of certain systems or finishes to meet contemporary standards and preferences, incurring additional costs.
Absence of Scenic Views: The property does not offer any notable scenic views, which can be a desirable amenity and value-add in the Palm Desert area.
Original Condition Elements: While charming, the listing does not specify recent major renovations, suggesting that some elements (e.g., kitchen, bathrooms) may be in their original or dated condition, potentially requiring immediate investment for aesthetic upgrades.
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