NOT LISTED FOR SALE

130 Paseo Montecillo Palm Desert, CA 92260

Estimated Value: $882,583 - $1,049,000

4 Beds
4.5 Baths
3,343 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 05, 2015

Last sale price $475,000 $142 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $6,250/month

55 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Palm Desert High School Rated A
  • Gated Community
  • Cathedral Ceiling

About This Home

As of October 2015

Within 5 minutes of El Paseo, the hub of Palm Desert, Palmira is a small gated compound in a prime Palm Desert location--5 bedrooms (includes detached and attached casitas), separate kitchen/family room and large living room with 12 foot ceilings centering around the fireplace. The west facing courtyard pool and spa gets lots of sun, and the retractable awning gives you shade as well. This is a short sale, and is subject to lender approval of all terms. Buyers must assume solar lease.

Last Agent to Sell the Property

Sharon Stein

Desert Sotheby's International Realty License #01216071 Listed on: 05/25/2015

Last Buyer's Agent

Doug Jacobsen

Doug Jacobsen, Broker License #00784217

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,393

Year Built

  • Built in 1998

Lot Details

  • 8,712

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 3,343 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Raised Hearth
  • Living Room with Fireplace
  • Kitchen Island
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Additional Features

  • Solar owned by a third party
  • 8,712 Sq Ft Lot
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 624380028

Community Details

Overview

  • Palmira Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,393

Year Built

Built in 1998

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Palmira
  • Building Number Of Stories: 2
  • Building Style: Mediterranean
  • List Price per Sq Ft: 145.08
  • Lp Sp Ratio: 0.9794
  • Year Built: 1998
  • Listing I D: 215016528
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Member Address: 23905 Tamyram Rd, Desert Hot Springs, CA 92241
  • Selling Member Fax: (760) 406-5099
  • Selling Office Address: 23905 Tamyram Rd, Desert Hot Springs, CA 92241
  • Selling Office Fax: (760) 406-5099
  • Land Type: Fee
  • Subdivision: Palmira
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room, Master Bedroom
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar
  • Fireplace Features: Raised Hearth
  • Flooring: Carpet, Tile
  • Total Bedrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Kitchen Features: Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 3343.00

Exterior Features

  • Construction: Stucco
  • Other Features: Solar System Financed
  • Other Structures: Guest House/Casita
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 100.00
  • Total Monthly Association Fees: 100.00

Lot Info

  • Assessor Parcel Number: 624380028
  • Lot Acres: 0.2000
  • Lot Size: 8712.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2015
Closed on
Sep 4, 2015
Sold by
Geweke Cliford R
Bought by
Herman Rhonda
Seller's Agent
Sharon Stein
Desert Sotheby's International Realty
Buyer's Agent
Doug Jacobsen
Doug Jacobsen, Broker
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Total Days on Market
55
Current Estimated Value
$985,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,896
Avg. Annual Appreciation
7.84%
Original Mortgage
$175,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2007
Sold by
Geweke Cliford R
Bought by
Geweke Cliford R and The Cliford R Geweke Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2005
Sold by
Geweke Cliford R
Bought by
Geweke Cliford R and The Cliford R Geweke Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Geweke Clifford R
Bought by
Geweke Clifford R and The Clifford R Geweke Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Burke J Michael
Bought by
Geweke Cliford R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
4.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Burke Linda M
Bought by
Burke J Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
4.56%

Purchase Details

Closed on
Aug 19, 2002
Sold by
Lopez Cheri
Bought by
Burke J Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
4.56%

Purchase Details

Closed on
Jan 19, 1999
Sold by
Lopez Cheri A
Bought by
Lopez Efren

Purchase Details

Closed on
Nov 2, 1998
Sold by
Desert Resort Communities Inc
Bought by
Lopez Efren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,100
Interest Rate
6.63%
Source: Public Records

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Range of Values:

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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
Herman Rhonda $475,000 Orange Coast Title Company
Geweke Cliford R -- Commonwealth Land Title Co
Geweke Cliford R -- Commonwealth Land Title Co
Geweke Cliford R -- None Available
Geweke Cliford R -- Southland Title Inland Empir
Geweke Clifford R -- --
Geweke Cliford R $695,000 Southland Title
Burke J Michael -- Stewart Title
Burke J Michael $423,500 Stewart Title
Lopez Efren -- Lawyers Title Company
Lopez Efren $345,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herman Rhonda $250,000
Closed Herman Rhonda $60,000
Closed Herman Rhonda $175,000
Previous Owner Geweke Cliford R $650,000
Previous Owner Geweke Cliford R $359,650
Previous Owner Geweke Cliford R $306,000
Previous Owner Burke J Michael $223,500
Previous Owner Lopez Efren $76,000
Previous Owner Lopez Efren $310,100
Closed Geweke Cliford R $229,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2015 10/05/15 Sold $475,000 -2.1% $142 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
07/13/2015 07/13/15 Price Changed $485,000 +2.1% $145 / Sq Ft
06/16/2015 06/16/15 Off Market $475,000 -- --
06/15/2015 06/15/15 Price Changed $495,000 0.0% $148 / Sq Ft
06/15/2015 06/15/15 For Sale $495,000 -5.7% $148 / Sq Ft
05/25/2015 05/25/15 For Sale $525,000 -- $157 / Sq Ft
Source: California Desert 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
2023 $7,393 $540,463 $135,114 $405,349
2022 $6,987 $529,866 $132,465 $397,401
2021 $6,815 $519,477 $129,868 $389,609
2020 $6,693 $514,152 $128,537 $385,615
2019 $6,567 $504,071 $126,017 $378,054
2018 $6,445 $494,189 $123,547 $370,642
2017 $6,313 $484,500 $121,125 $363,375
2016 $6,158 $475,000 $118,750 $356,250
2015 $7,609 $585,000 $146,000 $439,000
2014 $6,930 $539,000 $135,000 $404,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215016528

California Desert Association of REALTORS®

APN: 624-380-028