NOT LISTED FOR SALE

140 Paseo Montecillo Palm Desert, CA 92260

Estimated Value: $910,936 - $1,132,000

5 Beds
4 Baths
3,031 Sq Ft
$325/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $600,000 $198 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,995/month

41 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Marble Flooring
  • Palm Desert High School Rated A
  • Mountain View
  • Marble Bathroom Countertops

About This Home

As of March 2014

Great location for a large home with five bedrooms (including the guest house) and four baths. Behind the gate is a large courtyard with a pool and spa with direct access from the home, the master and the guest casita. Enjoy the west and southern mountain exposure. Ideal for sun bathing in compete privacy. The formal living room and dining room with bar area is great for entertaining. Beyond the living room is the slider to the back patio and yard. The master bedroom hosts a large walk-in closet, walk-in tiled shower, a separate bathtub that separates his/her sinks. The vanity area is great for getting ready. The guest bedroom wing has three bedrooms with one currently being used as an office. The kitchen, casual dining area and family room is great for everyday living. This home is highly upgraded and ready for viewing.

Last Agent to Sell the Property

Diane Williams

Bennion Deville Homes License #01364828 Listed on: 01/30/2014

Last Buyer's Agent

Dale Deneen

License #01414826

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 8,712 Sq Ft Lot
  • Block Wall Fence
  • Landscaped
  • Sprinklers on Timer
  • Back Yard

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,031 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Tile Bathroom Countertop
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Concrete Porch or Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 624380027

Community Details

Overview

  • Palmira Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

8,712 Sq Ft Lot

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builders Tract Code: Palmira
  • List Price per Sq Ft: 206.20
  • Lp Sp Ratio: 0.9600
  • View Type: Mountain(s)
  • Year Built: 1998
  • Listing I D: 214004166
  • Listing Office Address: 74996 Highway 111, Indian Wells Luxury Homes, Indian Wells, CA 92210
  • Listing Office Fax: (760) 674-3453
  • Selling Member Address: 6 Vista Mirage Way, Rancho Mirage, CA 92270
  • Selling Office Address: 6 Vista Mirage Way, Rancho Mirage, CA 92270
  • Land Type: Fee
  • Subdivision: Palmira
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Water Line to Refrigerator, Washer, Refrigerator, Disposal, Dishwasher, Dryer
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Flooring: Carpet, Tile, Marble
  • Bedroom Features: All Bedrooms Down, Walk In Closet
  • Total Bedrooms: 5
  • Bathroom Features: Shower & Tub, Marble Counters, Tile Counters
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 3031.00

Exterior Features

  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete 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
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 130.00
  • Total Monthly Association Fees: 130.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624380027
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2000
  • Lot Description: Back Yard, Landscaped, Fenced
  • Lot Size: 8712.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2014
Closed on
Feb 25, 2014
Sold by
Peppel Jeffrey C and Pepple John Ann M
Bought by
Yukawa Trust
Seller's Agent
Diane Williams
Bennion Deville Homes
Buyer's Agent
Dale Deneen
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$985,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,984
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Jun 2, 2004
Sold by
Young Raymond and Young Linda M
Bought by
Pepple Jeffrey C and Pepple Jahn Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Young Linda M
Bought by
Young Raymond and Young Linda M

Purchase Details

Closed on
Jul 12, 2002
Sold by
Young Raymond
Bought by
Young Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.69%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 2000
Sold by
Mack Bruce
Bought by
Ballou Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.06%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Young Ray
Bought by
Young Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.06%

Purchase Details

Closed on
Nov 13, 1998
Sold by
Desert Resort Communities Inc
Bought by
Ballou Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Yukawa Trust $600,000 First American Title Ins Co
Pepple Jeffrey C $615,000 Old Republic Title Company
Young Raymond -- --
Young Linda M -- North American Title Co
Ballou Amy J -- --
Young Linda M -- --
Young Linda M $390,000 --
Ballou Amy J $370,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pepple Jeffrey C $492,000
Previous Owner Young Linda M $300,000
Previous Owner Young Linda M $312,000
Previous Owner Ballou Amy J $296,000
Closed Ballou Amy J $37,000
Closed Pepple Jeffrey C $61,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2014 03/24/14 Sold $600,000 -4.0% $198 / Sq Ft
01/30/2014 01/30/14 For Sale $625,000 -- $206 / Sq Ft
Source: California Desert Association of REALTORS®

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 $9,437 $735,506 $183,872 $551,634
2023 $9,437 $706,947 $176,733 $530,214
2022 $8,954 $693,086 $173,268 $519,818
2021 $8,742 $679,497 $169,871 $509,626
2020 $8,583 $672,531 $168,130 $504,401
2019 $8,421 $659,345 $164,834 $494,511
2018 $8,262 $646,417 $161,603 $484,814
2017 $8,093 $633,743 $158,435 $475,308
2016 $7,895 $621,318 $155,329 $465,989
2015 $7,915 $611,988 $152,997 $458,991
2014 $6,671 $518,000 $129,000 $389,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214004166

California Desert Association of REALTORS®

APN: 624-380-027

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