NOT LISTED FOR SALE

15 Verde Way Palm Desert, CA 92260

Estimated Value: $426,617 - $498,000

2 Beds
2 Baths
1,215 Sq Ft
$556/mo HOA Fee

Last Sold March 20, 2012

Last sale price $190,000 $156 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $3,294/month

535 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of March 2012

NEW PRICE REDUCTION...Motivated Seller...This home is a little showplace. From the time you enter the large private courtyard, you will be impressed. End unit with no neighbor on one side. Both patios (side and back) are freshly re-done along with new desert landscaping. Features of the home include 2 bedrooms/2 baths, fireplace, shutters throughout, fully furnished (per inventory list) with flat screen TV and outdoor furniture included. Silver Sands Racquet Club is located adjacent to the J.W. Marriott Desert Springs Resort and across the street from Desert Willow Golf Resort where Palm Desert Residents can play for $45/round. Silver Sands RC amenities include 15 pools/spas, 8 lighted tennis courts and a tennis pro on staff during the season. SSRC is definitely Palm Desert's BEST kept SECRET.

Last Agent to Sell the Property

Rita Craig

Keller Williams Realty License #00998767 Listed on: 09/25/2010

Last Buyer's Agent

Michael Jensen

Windermere Homes & Estates License #01904525

Windermere Homes & Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,166

Year Built

  • Built in 1983

Lot Details

  • 3,485

HOA Fees

  • $556 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Turnkey
  • Tile Roof
  • Foam Roof

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Great Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Sprinkler System
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 624022008

Community Details

Overview

  • Association fees include cable TV, trash
  • 256 Units
  • Silver Sands Rc Subdivision

Amenities

  • Clubhouse
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,166

Year Built

Built in 1983

Lot Details

0

HOA Fees

$556 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Builders Tract Code: Silver Sands R.C.
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 176.87
  • Lp Sp Ratio: 0.8841
  • Unit Total In Complex: 256
  • View Type: Mountain(s), Park/Green Belt
  • Water District Name: CVWD
  • Year Built: 1983
  • Listing I D: 21409076
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Silver Sands RC
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Master Suite
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Laundry: In Garage
  • Estimated Sq Ft: 1215.00
  • Windows Treatments: Shutters

Exterior Features

  • Other Features: Rain Gutters
  • Roofing: Foam, Tile
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Trash
  • Association Amenities: Clubhouse, Recreation Room, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 556.00
  • Total Monthly Association Fees: 556.00

Association/Amenities

  • Gated Community: Yes

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624022008
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0800
  • Lot Location: Corner Lot
  • Lot Size: 3485.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2010
Closed on
Feb 22, 2012
Sold by
Cagen Richard M and Cagen Teresa K
Bought by
Lloyd Peter and Lloyd Gwen
Seller's Agent
Rita Craig
Keller Williams Realty
Buyer's Agent
Michael Jensen
Windermere Homes & Estates
List Price
$259,000
Sold Price
$190,000
Premium/Discount to List
-$69,000
-26.64%
Current Estimated Value
$468,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,404
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Oct 4, 2005
Sold by
Bruno Phillip Tom and Bruno Vicky
Bought by
Cagen Richard M and Cagen Teresa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 2, 2004
Sold by
Buck Robert B and Buck Bonnie C
Bought by
Bruno Phillip Tom and Bruno Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,300
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Cornwall Richard D
Bought by
Buck Robert B and Buck Bonnie C

Purchase Details

Closed on
Aug 4, 1999
Sold by
Cornwall Richard D
Bought by
Richard D Cornwall Trust

Purchase Details

Closed on
Mar 25, 1998
Sold by
Anderson Helen M
Bought by
Cornwall Richard D

Purchase Details

Closed on
Apr 21, 1995
Sold by
Anderson Helen M
Bought by
Anderson Helen M
Source: Public Records

Range of Values:

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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
Lloyd Peter $180,000 Orange Coast Title Co
Cagen Richard M $342,000 Fidelity National Title Co
Bruno Phillip Tom $274,000 First American Title Co
Buck Robert B $220,000 First American Title Co
Richard D Cornwall Trust -- --
Cornwall Richard D $100,000 First American Title Ins Co
Anderson Helen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cagen Richard M $250,000
Previous Owner Bruno Phillip Tom $260,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2012 03/20/12 Sold $190,000 -11.6% $156 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
10/20/2011 10/20/11 Price Changed $214,900 -6.2% $177 / Sq Ft
05/30/2011 05/30/11 Price Changed $229,000 -4.2% $188 / Sq Ft
03/01/2011 03/01/11 Price Changed $239,000 -4.0% $197 / Sq Ft
01/25/2011 01/25/11 Price Changed $249,000 -3.9% $205 / Sq Ft
09/25/2010 09/25/10 For Sale $259,000 -- $213 / 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
2025 $3,166 $226,074 $67,816 $158,258
2023 $3,166 $217,297 $65,184 $152,113
2022 $3,005 $213,037 $63,906 $149,131
2021 $2,931 $208,860 $62,653 $146,207
2020 $2,882 $206,719 $62,011 $144,708
2019 $2,832 $202,667 $60,796 $141,871
2018 $2,784 $198,694 $59,605 $139,089
2017 $2,733 $194,799 $58,437 $136,362
2016 $2,673 $190,981 $57,292 $133,689
2015 $2,681 $188,115 $56,433 $131,682
2014 $2,641 $184,432 $55,329 $129,103
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Rita Craig

    Keller Williams Realty

  • M

    Buyer's Agent in 2012

    Michael Jensen

    Windermere Homes & Estates

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21409076

California Desert Association of REALTORS®

APN: 624-022-008

California Riverside County Palm Desert 92260

15 Verde Way, Palm Desert, CA

This home is located at 15 Verde Way, Palm Desert, CA 92260 since 25 September 2010 and is currently estimated at $468,404, approximately $385 per square foot. This property was built in 1983. 15 Verde Way is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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