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42995 Park Pl, Palm Desert, CA, 92260

$1,999,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
8 Baths
3,986 SqFt
$502/SqFt
House

Location

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42995 Park Pl, Palm Desert$1,999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Attached GarageYes
Year Built1989
HeatingCentral, Forced Air, Natural Gas
MLS #24452061
Lot Size0.35 Acres
StatusActive

About 42995 Park Pl

IN THE HEART OF PALM DESERT THIS PROPERTY IS GREAT FOR A INVESTORS PORTFOLIO. FOUR UNITS, 2 ARE 3 BEDROOM AND 2 ARE 2 BEDROOM TWO BATHS EACH UNIT. RECENTLY UPGRADED. POOL, SPA AND YARD MAINTAINED BY ASSOCIATION. NEWER ROOF AND A/C UNITS. ONLY ONE UNIT RENTED! 3 UNITS ARE VACANT TO GET HIGH MARKET RENTS FOR NEW OWNER. PLEASE CALL FOR MORE RENTAL INFORMATION. POSSIBLE OWNER FINANCING AVAILABLE. SELLER WILL PARTICIPATE IN 1031 EXCHANGE. 8 COVERED PARKING AND 2 UNCOVERED. STREET PARKING ALSO AVAILABLE FOR GUESTS.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 1
  • Living Area: 3,986 SqFt

Listing Office:

  • Office Name: Ramsey Realty
  • Office Phone: (760) 318-6200
  • Listing Agent: Scot Hermesch

Interior Features

Interior Information:

  • Appliances: Dishwasher

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.35 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Natural Gas

Other

Directions Information:

  • Directions: EAST ON MAGNESIA FALLS DR. LEFT ON PARK PLACE. CORNER OF MAGNESIA FALLS DR AND PARK PLACE

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,000
  • Price Per SqFt: $502/SqFt

Tax Information:

  • Annual Amount: $7,652
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Desert, CA.

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Palm Desert, CA

City

Med. Sold Price

$578.9K

Med. Price/SqFt

$336

Avg. Days On Market

56

# of Sold Homes

102

42995 Park Pl vs Palm Desert

32 DAYS ON ROCKET

-24 Days

$1,999,000

+$1.4M More

$502/SqFt

+$165 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $165/SqFt more than other homes in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24452061

Listing Office:

  • Office Name: Ramsey Realty
  • Office Phone: (760) 318-6200
  • Listing Agent: Scot Hermesch

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 24, 2010Home Sold
$435,000
Oct 16, 2003Home Sold
$549,000
Mar 26, 1991Home Sold
$379,000

Tax History

YEARPROP. TAXASSESSMENT
2021$7,652$518,731
2020$7,651$513,413
2018$7,409$493,479
2017$7,131$483,804

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,060

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-486097
6
/10

  • Lincoln Elementary School

  • 74100 Rutledge Way

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-486098
7
/10

  • James Earl Carter Elementary School

  • 74251 Hovley Ln E

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-486099
7
/10

  • George Washington Charter School

  • 45768 Portola Ave

  • 1.43 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,167. Residents of Palm Desert, CA typically earn between $100k-200k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 42995 Park Pl

What is the listing price of this property?

The listing price of 42995 Park Pl property is $1,999,000.

What type of property is this?

The property 42995 Park Pl is a house located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 42995 Park Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,652 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 24, 2010 for $435,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 42995 Park Pl has 10 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 42995 Park Pl is 3,986 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 42995 Park Pl is 1989.

Rocket Homes›California›Riverside County›Palm Desert›92260›42995 Park Pl

This home is located at 42995 Park Pl in Palm Desert, CA and zip code 92260. This 3,986 square foot home, which was built in 1989, sits on a 0.35 acre lot. Features: 10 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $1,999,000.

In October 2024, from all listings sold in Palm Desert, CA there were more than 14 sold above asking price, over 63 sold below and more than 25 were sold right at the asked price. Between September 2024 and October 2024, Palm Desert, CA real estate market has seen increase in the number of listings by 23.9%. The median list price of listings available in October 2024 was $578,927, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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