77350 New Mexico Drive, Palm Desert, California 92211, Palm Desert, 92211 - 3 bed, 3 bath
ACTIVE$610,000
77350 New Mexico Drive, Palm Desert, California 92211
3Beds
3Baths
1,930Sqft
5,227Lot
Price Vs. Estimate
The estimated value ($526,069.24) is $83,930.76 (13%) lower than the list price ($610,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location & Privacy: Situated on a quiet cul-de-sac street, the property is surrounded by green belts with no rear neighbors, offering exceptional privacy and serene views of the park/greenbelt and hills.
Top Cons:
Recurring Association Fees: The property incurs a monthly association fee of $175.00, which adds to the overall cost of ownership and may be a deterrent for some buyers.
Compared to the nearby listings
Price:$610.0K vs avg $540.0K (+$70,000)66%
Size:1,930 sqft vs avg 1,896 sqft51%
Price/sqft:$316 vs avg $30758%
More Insights
Built in 2007 (18 years old).
Condition: The property was built in 2007, making it 17 years old. While the description notes it's 'newly painted and ready for tenant,' which suggests good upkeep, there are no interior images to assess the condition, style, and features of the kitchen and bathrooms. A 17-year-old home, without explicit mention of major renovations to these key areas, is likely to have original finishes that, while functional, would be considered outdated by current design standards. This aligns with the 'Fair' criteria where major components are functional but show signs of being outdated, and minor updates may be required.
Year Built
2007
Close
-
List price
$610K
Original List price
$610K
Price/Sqft
$316
HOA
$175
Days on market
-
Sold On
-
MLS number
24432957
Home ConditionFair
Features
Good View: Park/Greenbelt, Hills
Patio
ViewPark/Greenbelt, Hills
About this home
Quiet Cul-de-sac street surrounded by green belts, no neighbors to back. Newly painted and ready for tenant. Exquisite cathedral ceilings through out gives a feeling of real spaciousness. Family size kitchen with eating bar as well as room for dining table. Private guest bedroom, bath area master bedroom suite . Huge walk in closet spacious soaking tub . Separate laundry room. Community pool and club house just a couple of blocks away. Green belt in back next to patio.
Nearby schools
8/10
Gerald R. Ford Elementary School
Public,•K-5•0.7mi
6/10
Ronald Reagan Elementary School
Public,•K-5•1.7mi
5/10
Colonel Mitchell Paige Middle School
Public,•6-8•1.0mi
7/10
Palm Desert High School
Public,•9-12•2.2mi
Condition Rating
Fair
The property was built in 2007, making it 17 years old. While the description notes it's 'newly painted and ready for tenant,' which suggests good upkeep, there are no interior images to assess the condition, style, and features of the kitchen and bathrooms. A 17-year-old home, without explicit mention of major renovations to these key areas, is likely to have original finishes that, while functional, would be considered outdated by current design standards. This aligns with the 'Fair' criteria where major components are functional but show signs of being outdated, and minor updates may be required.
Pros & Cons
Pros
Prime Location & Privacy: Situated on a quiet cul-de-sac street, the property is surrounded by green belts with no rear neighbors, offering exceptional privacy and serene views of the park/greenbelt and hills.
Spacious & Aesthetic Interior: Exquisite cathedral ceilings throughout create a feeling of real spaciousness, complemented by a family-sized kitchen with an eating bar and room for a dining table, enhancing the living experience.
Move-in Ready Condition: The property has been newly painted and is described as 'ready for tenant,' indicating a well-maintained and immediately habitable condition for a new owner or investor.
Desirable Community Amenities: Access to a community pool and clubhouse just a couple of blocks away provides convenient recreational options and enhances the lifestyle appeal without the burden of private maintenance.
Functional Floor Plan & Features: The layout includes a private guest bedroom and bath area, a master bedroom suite with a huge walk-in closet and spacious soaking tub, plus a separate laundry room, all contributing to comfort and convenience.
Cons
Recurring Association Fees: The property incurs a monthly association fee of $175.00, which adds to the overall cost of ownership and may be a deterrent for some buyers.
Standard Lot Size: With a lot size of 5,227 sqft, the property offers a standard suburban outdoor space, which might be considered limited for buyers seeking larger yards or extensive landscaping opportunities.
Potential for Original Systems/Appliances: Built in 2007, while newly painted, the description does not specify updates to major systems (e.g., HVAC, water heater) or appliances, which could be original and nearing the end of their typical lifespan, potentially incurring future replacement costs.