13 days on rocket

74056 El Cortez Way, Palm Desert, CA, 92260

$599,000

Home List Price

$7,113*

Closing Credit

6 Bedrooms
3 Full Baths
2,066 SqFt
$290/SqFt
House
Schools Nearby

Location

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74056 El Cortez Way, Palm Desert$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, On Street, Unassigned
Year Built1953
HeatingCentral, Forced Air, Fireplace(s)
CoolingCentral Air, Wall/Window Unit(s)
FireplaceGas Starter, Living Room
ViewMountain(s)
MLS #219110277PS
Lot Size0.16 Acres
StatusActive

About 74056 El Cortez Way

This is a fantastic opportunity in Palm Desert! This single family residence has an attached casita that offers multiple income producing opportunities! Live in the main home and rent the casita long term or consider the homeshare opportunities! This property has 6 bedrooms and 3 bathrooms total with the main home consisting of 4 bedrooms and 2 bathrooms and the casita consisting of 2 bedrooms and another bathroom. The interior has been updated with new paint, new kitchen cabinets and counter tops as well as tile showers and laminate plank flooring in the last few years. Best of all, the roof and AC have been updated! The current owners have used the property as a NON-conforming duplex, meaning they've rented both the casita and the main home to separate tenants! The home has endless potential and a large pool could be put in the backyard to take advantage of the beautiful mountain views and quiet serenity of the community. The property is conveniently located next to El Paseo and within walking distance to many delicious restaurants!

Property Details

Property Features

Property Information:

  • Year Built: 1953
  • Stories: 1
  • Living Area: 2,066 SqFt

Listing Office:

  • Office Name: Ready Properties
  • Office Phone: (800) 407-1735
  • Listing Agent: Niki Vrondakis

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Laminate, Vinyl
  • Fireplace: Gas Starter, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s)

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Street, Unassigned

Lot Features

Lot Information:

  • Lot: Irrigation System, Sprinklers
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Fireplace(s)
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From Fred Waring, head south on Portola Ave. Turn left on El cortez. Property is on your left hand side. Cross Street: Portola Ave and El Cortez.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $3,855
  • 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

$571.9K

Med. Price/SqFt

$337

Avg. Days On Market

56

# of Sold Homes

162

74056 El Cortez Way vs Palm Desert

13 DAYS ON ROCKET

-43 Days

$599,000

+$27K More

$290/SqFt

-$47 Less

KEY TAKEAWAY

This property is $27K more than the Median Sold Price and $47/SqFt less 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: #219110277PS

Listing Office:

  • Office Name: Ready Properties
  • Office Phone: (800) 407-1735
  • Listing Agent: Niki Vrondakis

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: 5/2/2024, 8:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 05, 2018Home Sold
$255,000
Sep 15, 2009Home Sold
$106,390
Oct 19, 2000Home Sold
$132,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,855$268,049
2020$3,855$265,301
2018$1,799$96,826
2017$1,720$94,929

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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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-4621082
4
/10

  • Abraham Lincoln Elementary School

  • 74100 Rutledge Way

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-4621083
8
/10

  • George Washington Charter

  • 45768 Portola Ave

  • 0.59 miles

  • Public Charter Grades KG-5

school-card-donut-4621084
7
/10

  • James Earl Carter Elementary School

  • 74251 Hovley Ln E

  • 1.48 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,810. The most common annual income of people living in Palm Desert, CA is between $100k-200k. Typical family type is single, no kids. 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 74056 El Cortez Way

What is the listing price of this property?

The listing price of 74056 El Cortez Way property is $599,000.

What type of property is this?

The property 74056 El Cortez Way is a house located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 74056 El Cortez Way 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 $3,855 (source: MLS/based on county public records data).

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

The last sale was on January 5, 2018 for $255,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 74056 El Cortez Way has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 74056 El Cortez Way is 2,066 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 74056 El Cortez Way is 1953.

Rocket Homes›California›Riverside County›Palm Desert›92260›74056 El Cortez Way

This home is located at 74056 El Cortez Way in Palm Desert, CA and zip code 92260 in the Palma Village Groves neighborhood. This 2,066 square foot home, which was built in 1953, sits on a 0.16 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $599,000.

Over 20 listings were sold over their listed price in April 2024 in Palm Desert, CA. In the same period over 105 listings were sold below the listed price and 37 listings were sold for the listed price. The inventory of homes for sale in Palm Desert, CA between March 2024 and April 2024 increased by 2.2%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $571,935.

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

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