NOT LISTED FOR SALE

Estimated Value: $711,000 - $825,000

3 Beds
3.5 Baths
2,764 Sq Ft
$1,100/mo HOA Fee

Last Sold May 28, 2015

Last sale price $390,000 $141 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,843/month

152 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Fitness Center
  • James Earl Carter Elementary School Rated A-
  • Steam Room
  • Heated In Ground Pool

About This Home

As of May 2015

You will not find a more glamorous, contemporary home in Hollywood or Cannes. Enter through the front door and you'll notice that no effort has been spared to make this over 2800 SqFt house on the lake a true gem. Sophisticated lighting and alarm effects highlight the beautiful custom cabinetry and high gloss tiled floors throughout. The house features 3 BR (1 is currently set up as den/office) with beautifully finished walk-in closets and 3 marble and glass baths. The Atrium has been converted to add to the huge great room with bar and entertainment center, a chef's kitchen with Sub Zero fridge and S.S. appliances, granite countertops and a temperature-controlled walk-in wine cabinet for over 100 bottles. From the sunny breakfast area you exit through oversized sliding glass doors to the wrap-around, tiled patio. 27 holes of Golf makes the Lakes CC one of the most reasonable and desirable Country Clubs. (Professional photos to follow that will really WOW you)

Last Agent to Sell the Property

Ruth Crook

Carter & Company License #00760513 Listed on: 12/15/2014

Last Buyer's Agent

Brian Cloutier

HK Lane Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,340

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • End Unit
  • East Facing Home
  • Stucco Fence
  • Sprinklers on Timer

HOA Fees

  • $1,100 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2,764 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Decorative Fireplace
  • Gas Log Fireplace
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Convection Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 3 Car Direct Access Garage
  • Driveway
  • Golf Cart Garage

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Built-In Barbecue
  • Wrap Around Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 632303004

Community Details

Overview

  • Association fees include cable TV, clubhouse, security
  • 902 Units
  • The Lakes Country Club Subdivision, Custom Tuscon Floorplan
  • On-Site Maintenance
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Steam Room
  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Card Room
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,340

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Leisure Faces East
  • Levels: One
  • Builder Model Name: Custom Tuscon
  • Builders Tract Code: The Lakes Country Cl
  • Building Number Of Stories: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 162.45
  • Lp Sp Ratio: 0.8686
  • Unit Total In Complex: 902
  • View Type: Lake, Mountain(s), Water
  • Water District Name: CV
  • Year Built: 1983
  • Listing I D: 214088065
  • Listing Member Address: 141 Old Ranch Road, Palm Desert, CA 92211
  • Listing Member Fax: (760) 779-1719
  • Listing Office Address: 141 Old Ranch Road, Palm Desert, CA 92211
  • Listing Office Fax: (760) 340-9804
  • Selling Office Address: 141 Old Ranch Road, Palm Desert, CA 92211
  • Selling Office Fax: (760) 340-9804
  • Land Type: Fee
  • Subdivision: The Lakes Country Club
  • Special Features: None

Interior Features

  • Appliances: Convection Oven, Dishwasher, Disposal, Gas Cooktop, Gas/Elec Dryer Hookup, Microwave Oven, Refrigerator, Self Cleaning Oven
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Built-In Features, Cathedral Ceiling(s), High Ceilings (9 Ft+), Wet Bar
  • Range Hood: Yes
  • Fireplace Features: Decorative, Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Dressing Area, Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled, Under Vanity Lighting
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Nook, Formal Dining Room, Kitchen Island, Living/Dining Combo
  • Kitchen Features: Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2764.00
  • Windows Treatments: Skylight(s)

Exterior Features

  • Construction: Stucco, Wood
  • Other Features: Barbeque Private, End Unit
  • Roofing: Concrete, Tile
  • Built-in BBQ: Gas
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Patio: Deck, Wrap Around
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Heated
  • 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
  • Parking: Direct Entrance, Driveway, Golf Cart Garage
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Clubhouse, Security
  • Association Amenities: Banquet Facilities, Barbecue, Card Room, Clubhouse, Controlled Access, Fitness Center, Golf Course, Lake or Pond, Maintenance Grounds, Management, Meeting Room, Paddle Tennis, Pet Rules, Picnic Area, Recreation Room, Sauna, Steam Room, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 1100.00
  • Total Monthly Association Fees: 1100.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632303004
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1000
  • Lot Description: Utilities Underground
  • Lot Location: Lake Front
  • Lot Size: 4356.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2014
Closed on
Apr 29, 2015
Sold by
Fortino Albert
Bought by
Hall Dianna Kay
Seller's Agent
Ruth Crook
Carter & Company
Buyer's Agent
Brian Cloutier
HK Lane Real Estate
List Price
$539,000
Sold Price
$390,000
Premium/Discount to List
-$149,000
-27.64%
Current Estimated Value
$769,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,875
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Mar 15, 2011
Sold by
Fortino Gabriele
Bought by
Fortino Albert

Purchase Details

Closed on
Mar 3, 2011
Sold by
The Bank Of New York Mellon
Bought by
Fortino Albert

Purchase Details

Closed on
Feb 25, 2010
Sold by
Demps William
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jun 5, 2006
Sold by
Childrens Hospital Los Angeles
Bought by
Demps William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Spear Philip J
Bought by
Childrens Hospital Los Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2001
Sold by
Spear Philip J
Bought by
Spear Philip J

Purchase Details

Closed on
Feb 21, 1996
Sold by
Palmer Jay K and Palmer Diane B
Bought by
Spear Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1995
Sold by
Stampler Marilyn
Bought by
Palmer Jay K and Palmer Diane B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hall Dianna Kay $390,000 Fidelity National Title
Fortino Albert -- Landsafe Title
Fortino Albert $349,000 Landsafe Title
The Bank Of New York Mellon $427,500 Landsafe Title
Demps William $810,000 Orange Coast Title Company
Childrens Hospital Los Angeles $850,000 Orange Coast Title Company
Spear Philip J -- --
Spear Philip J $439,000 Orange Coast Title
Palmer Jay K $350,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demps William $648,000
Previous Owner Spear Philip J $310,000
Previous Owner Spear Philip J $300,700
Previous Owner Spear Philip J $346,600
Previous Owner Spear Philip J $351,200
Previous Owner Palmer Jay K $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $390,000 -13.1% $141 / Sq Ft
05/17/2015 05/17/15 Price Changed $449,000 -16.7% $162 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $539,000 -- $195 / 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 $6,340 $468,716 $140,614 $328,102
2023 $6,340 $450,516 $135,154 $315,362
2022 $5,797 $441,683 $132,504 $309,179
2021 $5,668 $433,023 $129,906 $303,117
2020 $5,566 $428,583 $128,574 $300,009
2019 $5,465 $420,180 $126,053 $294,127
2018 $5,366 $411,942 $123,582 $288,360
2017 $5,263 $403,865 $121,159 $282,706
2016 $5,343 $395,947 $118,784 $277,163
2015 $5,070 $372,031 $130,210 $241,821
2014 $4,879 $364,745 $127,660 $237,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214088065

California Desert Association of REALTORS®

APN: 632-303-004