NOT LISTED FOR SALE

1222 Palmas Ridge Palm Springs, CA 92262

Mountain Gate Neighborhood

Estimated Value: $531,000 - $741,000

3 Beds
2 Baths
2,229 Sq Ft
$304/Sq Ft Est. Value

Last Sold January 16, 2018

Last sale price $399,000 $179 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,337/month

3 Days on Market

About This Home

As of January 2018

This exceptional 3 bedroom/2 bath home located in the beautiful Mountain Gate community stands out with FANTASTIC mountain views and offers a bright open floor plan with ideal bedroom separation. The kitchen features stainless steel appliances, granite counters and opens to a large great room with fireplace. The spacious master bedroom opens onto the private pool and spa area. The master bath includes double sinks, separate tub/shower and a sizable walk-in closet. On the opposite side of the home are two additional bedrooms with walk-in closets, bathroom, laundry room and a two car garage. This property is move in ready with newly installed carpet and a freshly painted interior. The Mountain Gate community includes 3 pools, spas, tennis courts, walking trails and is ideally located just minutes from downtown Palm Springs, shopping, restaurants, the Palm Springs tram and many outdoor activities.

Last Agent to Sell the Property

Michael Adams

Bennion Deville Homes License #01822742 Listed on: 12/08/2017

Bennion Deville Homes

Co-Listed By

NonMember AgentDefault

NonMember OfficeDefault

Last Buyer's Agent

Ryan Cummings

Sotheby's International Realty License #01415106

Sotheby's International Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,708

Year Built

2006

Lot Details

0

Listing Details

  • Cross Street: ORO RIDGE
  • Active Date: 2017-12-08
  • Full Bathroom: 2
  • Building Size: 2229.0
  • Building Structure Style: Spanish
  • Driving Directions: North on Palm Canyon, turn right on Gateway, then left into Mountain Gate. After entering the gate make an immediate left on Vista Dunes, left on Oro Ridge, right on Palmas Ridge. Home is on the right.
  • Full Street Address: 1222 PALMAS RDG
  • Pool Construction: In Ground
  • Pool Descriptions: Private Pool, Association Pool
  • Primary Object Modification Timestamp: 2018-01-16
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Microwave, Range
  • Advertising Remarks: This exceptional 3 bedroom/2 bath home located in the beautiful Mountain Gate community stands out with FANTASTIC mountain views and offers a bright open floor plan with ideal bedroom separation. The kitchen features stainless steel appliances, granite c
  • Total Bedrooms: 3
  • Builders Tract Code: 5040
  • Builders Tract Name: MOUNTAIN GATE
  • Fireplace: Yes
  • Levels: One Level
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Pantry
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 6970
  • Common Walls: Detached/No Common Walls

Garage/Parking

  • Parking Type: Garage

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace

Condo/Co-op/Association

  • Amenities: Assoc Pet Rules, Gated Community, Playground, Tennis Courts
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • HOA Fees: 100.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Nasuuna Winnie U
Bought by
Musenze Julius
Current Estimated Value
$669,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$280,328
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$397,261

Purchase Details

Listed on
Dec 8, 2017
Closed on
Jan 4, 2018
Sold by
Iadevaia Russell and Goodrich Samuel
Bought by
Musenze Julius and Nasuuna Winnie U
Seller's Agent
Michael Adams
Bennion Deville Homes
Buyer's Agent
Ryan Cummings
Sotheby's International Realty
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$387,030
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 8, 2017
Closed on
Dec 20, 2017
Sold by
Marashi Mohamed
Bought by
Nasuuna Winnie
Seller's Agent
Michael Adams
Bennion Deville Homes
Buyer's Agent
Ryan Cummings
Sotheby's International Realty
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,030
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2013
Sold by
Iadevaia Russell and Goodrich Samuel
Bought by
Iadevaia Goodrich Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2013
Sold by
Williams Edwina
Bought by
Iadevaia Russell and Goodrich Samuel

Purchase Details

Closed on
Jan 29, 2008
Sold by
Mountain Gate Ii Palm Springs Ventures L
Bought by
Williams Edwina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
5.65%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Musenze Julius -- North American Title
Musenze Julius $399,000 Equity Title Company
Nasuuna Winnie -- Equity Title Company
Iadevaia Goodrich Trust -- Accommodation
Iadevaia Russell -- Fidelity Title Company
Iadevaia Russell -- None Available
Williams Edwina $429,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julius Musenze $80,593
Open Musenze Julius $360,000
Previous Owner Musenze Julius $374,400
Previous Owner Musenze Julius $387,030
Previous Owner Iadevaia Russell $236,250
Previous Owner Williams Edwina $343,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2018 01/16/18 Sold $399,000 0.0% $179 / Sq Ft
12/08/2017 12/08/17 For Sale $399,000 -- $179 / Sq Ft
Source: Palm Springs Regional Association of Realtors

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,708 $453,986 $113,495 $340,491
2023 $7,708 $536,927 $143,793 $393,134
2022 $8,541 $526,400 $140,974 $385,426
2021 $7,126 $419,418 $104,854 $314,564
2020 $6,711 $415,118 $103,779 $311,339
2019 $7,056 $406,980 $101,745 $305,235
2018 $6,289 $355,528 $88,342 $267,186
2017 $6,610 $348,558 $86,610 $261,948
2016 $6,479 $341,724 $84,912 $256,812
2015 $6,025 $336,593 $83,638 $252,955
2014 $5,969 $330,000 $82,000 $248,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Adams

    Bennion Deville Homes

    Section Image

  • N

    Seller Co-Listing Agent in 2018

    NonMember AgentDefault

    NonMember OfficeDefault

  • Ryan Cummings

    Buyer's Agent in 2018

    Ryan Cummings

    Sotheby's International Realty

    (760) 409-0129

    90 Total Sales

    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 17-295068PS

APN: 669-650-070

California Riverside County Palm Springs 92262 Mountain Gate

1222 Palmas Ridge, Palm Springs, CA

This home is located at 1222 Palmas Ridge, Palm Springs, CA 92262 since 08 December 2017 and is currently estimated at $677,589, approximately $303 per square foot. This property was built in 2006. 1222 Palmas Ridge is a home located in Riverside County with nearby schools including Vista Del Monte Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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