Mid-Century Modern home in Palm Desert, CA
A Mid-Century Modern home in Palm Desert, CA, it offers 2 bedrooms and 2 bathrooms across 1,152 square feet. Notable features include a swimming pool.
| Price | $475,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1152 |
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| Architectural style | Mid-Century Modern (85% match) |
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| Address | 74401 Peppergrass, Palm Desert, CA 92260 |
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Why buy this home
- Confirmed Mid-Century Modern architecture, matched from the listing photos by Enzo's vision model.
- Features: swimming pool.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $475K, this home is 32% below the $695K median for 174 similar Mid-Century Modern homes in Palm Desert, CA.
- That works out to $412 per square foot, 7% below the $443 comparable rate.
| This home | $475,000 |
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| Mid-Century Modern median in Palm Desert, CA | $695,000 (174 homes) |
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| Price per sq ft | $412 vs. $443 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $3,253/month with 20% down at a 7.28% 30-year fixed rate. You would need about $139,420 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,600/mo |
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| Property tax (new-buyer reassessed rate) | $475/mo |
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| Homeowners insurance | $178/mo |
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| Total monthly | $3,253/mo |
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| Down payment (20%) | $95,000 |
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| Income needed | $139,420/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (63 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (63/100) |
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| Beats renting in | 15% of modeled paths |
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| Modeled 5-yr equity (median) | $231,384 |
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| Range (10th to 90th pct) | $136,562 to $344,256 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Estately