74137 Academy Lane E, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 2 bath
ACTIVE$650,000$1,838/sqft
Est. Value: $640,256
-1%
FairlyEstimate
74137 Academy Lane E, Palm Desert, California 92211
3Beds
2Baths
1,838Sqft
9,148Lot
Price Vs. Estimate
The estimated value ($640,256.325) is $9,743.675 (1%) lower than the list price ($650,000). 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 = 9148, living area = 1838.
Top Cons:
Age of Major Systems: Built in 2003, some major systems like the roof or HVAC (if not recently replaced) may be approaching the end of their typical lifespan, potentially requiring future investment.
Compared to the nearby listings
Price:$650.0K vs avg $540.0K (+$110,000)71%
Size:1,838 sqft vs avg 1,875 sqft47%
Price/sqft:$354 vs avg $30680%
More Insights
Built in 2003 (23 years old).
Condition: Built in 2003, this property is 21 years old but presents as move-in ready with several recent updates. The description highlights 'brand new carpet in the bedrooms' and 'new ceiling fans and new LED recessed lights throughout,' indicating recent cosmetic and functional improvements. The kitchen, while featuring a 'grand chef's kitchen' with a center island and gas cooktop, has cabinets, countertops, and white appliances that reflect its 2003 build year and are not considered modern by current standards. Similarly, the bathrooms are clean and functional but maintain the original aesthetic with tiled counters and light wood vanities. Despite the kitchen and bathroom styles being somewhat dated, they are well-maintained and do not require immediate renovation. The overall condition, including the pool and spa, appears good, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, even if not a full recent renovation.
Year Built
2003
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$354
HOA
-
Days on market
-
Sold On
-
MLS number
219141240PS
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)
About this home
* 3BR/2BA detached Single Family Home on fee land with no HOA* Open floor plan with vaulted ceiling living room/dining area, gas fireplace and direct access to a covered patio and gorgeous pool & spa, perfect for indoor/outdoor living and entertaining* Grand chef's kitchen with center island and 2nd sink and a 5-burner gas cooktop* Large primary bedroom, with direct access to the covered patio and pool deck, ensuite spa-like bath with soaking tub and separate shower and walk in closet* 2 additional excellent sized bedrooms* 2nd bath with shower over tub* Separate laundry room * Private yard with beautiful pool & spa Covered patio with recessed lighting and ceiling fans* Tiled floors throughout, brand new carpet in the bedrooms* New ceiling fans and new LED recessed lights throughout * Double paned windows throughout* 2-car side by side garage* 1838 sq ft, 9,148 sq ft lot & built in 2003 (per tax record - not verified by sellers or agent)* Fantastic Palm Desert location close to freeways, schools, shopping center and renowned golf courses
J
John Le Page
Listing Agent
Price History
Date
Event
Price
09/05/03
Sold
$269,000
Condition Rating
Good
Built in 2003, this property is 21 years old but presents as move-in ready with several recent updates. The description highlights 'brand new carpet in the bedrooms' and 'new ceiling fans and new LED recessed lights throughout,' indicating recent cosmetic and functional improvements. The kitchen, while featuring a 'grand chef's kitchen' with a center island and gas cooktop, has cabinets, countertops, and white appliances that reflect its 2003 build year and are not considered modern by current standards. Similarly, the bathrooms are clean and functional but maintain the original aesthetic with tiled counters and light wood vanities. Despite the kitchen and bathroom styles being somewhat dated, they are well-maintained and do not require immediate renovation. The overall condition, including the pool and spa, appears good, aligning with the 'Good' criteria of being move-in ready with well-maintained systems and some updated components, even if not a full recent renovation.
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 = 9148, living area = 1838.
No HOA & Fee Land: The property is on fee land with no HOA, offering significant financial savings and freedom from community restrictions.
Private Pool & Spa: Features a gorgeous private pool and spa with a covered patio, perfect for indoor/outdoor living and entertaining in the Palm Desert climate.
Updated Chef's Kitchen: Boasts a grand chef's kitchen with a center island, second sink, and a 5-burner gas cooktop, appealing to culinary enthusiasts.
Open Floor Plan & Modern Updates: An open floor plan with vaulted ceilings, new carpet in bedrooms, new ceiling fans, new LED recessed lights, and double-paned windows provides a contemporary and move-in ready feel.
Desirable Palm Desert Location: Situated in a fantastic Palm Desert location, close to freeways, schools, shopping centers, and renowned golf courses.
Cons
Age of Major Systems: Built in 2003, some major systems like the roof or HVAC (if not recently replaced) may be approaching the end of their typical lifespan, potentially requiring future investment.
Unverified Property Dimensions: Square footage and lot size are stated as 'per tax record - not verified by sellers or agent,' necessitating buyer due diligence for accurate measurements.
Lack of Explicit Cooling System Details: While likely present in a 2003 build in Palm Desert, the description only mentions ceiling fans and does not explicitly detail a central air conditioning system, which could be a point of inquiry for buyers in a hot climate.