NOT LISTED FOR SALE

203 Strada Fortuna Palm Desert, CA 92260

Estimated Value: $511,000 - $635,000

3 Beds
2 Baths
1,700 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $340,000 $200 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,685/month

47 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Cathedral Ceiling
  • James Earl Carter Elementary School Rated A-
  • Mountain View
  • Secondary bathroom tub or shower combo

About This Home

As of July 2016

This property is located in the gated community of Merano in the heart of the Coachella Valley, Palm Desert. This home features stainless steel appliances, beautiful 20x20 neutral taupe color tile thru-out home except bedrooms which have neutral color carpet and shows well just needs a little tlc. It is a great property.This home has great desert mountain views and has a beautiful southern exposure pool and spa in the rear yard to enjoy year-round. The grounds are in desert scape so there is virtually no maintains in the front or rear yard. The property is one of the best buys for the money in this size of home in Merano at $359,000. This is truly a great buy!!! To show is to sell!!

Last Agent to Sell the Property

Michael Carle

Windermere Homes & Estates License #01193790 Listed on: 03/30/2016

Last Buyer's Agent

Martin Bennett

Broker Tech, Inc. License #01480523

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,344

Year Built

  • Built in 1998

Lot Details

  • 7,405 Sq Ft Lot
  • North Facing Home
  • Block Wall Fence
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back and Front Yard

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Mountain
  • Desert

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Double Pane Windows
  • Awning
  • Vertical Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Direct Access Garage
  • Driveway
  • Automatic Gate

Eco-Friendly Details

  • Green Features

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Pool Tile
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Covered Patio or Porch
  • Water Fountains

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 620391002

Community Details

Overview

  • Merano Subdivision

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,344

Year Built

Built in 1998

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North
  • Levels: One
  • Builders Tract Code: Merano
  • Building Number Of Stories: 1
  • Building Style: Mediterranean
  • Included In Sale: All appliances are included in this sale
  • List Price per Sq Ft: 205.29
  • Lp Sp Ratio: 0.9742
  • Unit Total In Complex: 126
  • View Type: Desert, Mountain(s)
  • Water District Name: Coachella Valley Water Dist.
  • Year Built: 1998
  • Listing I D: 216010754
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Selling Office Address: 3525 Del Mar Heights, #461, San Diego, CA 92130
  • Land Type: Fee
  • Subdivision: Merano
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Dryer Hookup, Gas Oven, Gas Range, Microwave Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Family Room, Living Room
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log, Glass Doors
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Shower & Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1700.00
  • Windows Treatments: Blinds, Double Pane Windows, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Awning(s), Concrete Slab, Covered
  • Pool: Yes
  • Pool Accessories: Fountain
  • Pool Construction: Gunite, In Ground, Tile
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated, Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Security: Automatic Gate, Card/Code Access
  • Sewer: Connected on Bond, In Street on Bond
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 75.00
  • Total Monthly Association Fees: 75.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 620391002
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1700
  • Lot Description: Back Yard, Curbs, Front Yard, Level
  • Lot Size: 7405.00

Green Features

  • Green Features: Yes
  • Green Location: Transportation, Walkability

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Franks Sherry M
Bought by
Khoo Teng C and Fissori Daniel L
Current Estimated Value
$597,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2014
Sold by
Johnson Shirley A
Bought by
Kreiss William T and Franks Sherry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,164
Interest Rate
4.09%
Mortgage Type
VA

Purchase Details

Closed on
Apr 19, 2007
Sold by
Johnson Shirley A
Bought by
Johnson Shirley A and The Shirley A Johnson Living Trust

Purchase Details

Closed on
Apr 20, 2001
Sold by
Scott William Arthur and Soriano Hilario Rimando
Bought by
Johnson Shirley A

Purchase Details

Closed on
Dec 21, 1998
Sold by
Merano By Diamond West Homes Llc
Bought by
Soriano Hilario Rimando and Scott William Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,800
Interest Rate
2.95%
Source: Public Records

Range of Values:

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Average Value
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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
Khoo Teng C $340,000 Fidelity Natl Title Ins Co
Kreiss William T $308,000 Orange Coast Title Company
Johnson Shirley A -- None Available
Johnson Shirley A $245,000 Orange Coast Title
Soriano Hilario Rimando $177,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khoo Teng C $200,000
Previous Owner Kreiss William T $318,164
Previous Owner Soriano Hilario Rimando $141,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $340,000 -2.6% $200 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/11/2016 04/11/16 Price Changed $349,000 -2.8% $205 / Sq Ft
03/30/2016 03/30/16 For Sale $359,000 +16.6% $211 / Sq Ft
07/07/2014 07/07/14 Sold $308,000 -5.2% $181 / Sq Ft
04/18/2014 04/18/14 Pending -- -- --
03/22/2014 03/22/14 For Sale $325,000 -- $191 / 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 $5,344 $394,593 $118,377 $276,216
2023 $5,344 $379,272 $113,781 $265,491
2022 $5,020 $371,836 $111,550 $260,286
2021 $4,886 $364,546 $109,363 $255,183
2020 $4,801 $360,809 $108,242 $252,567
2019 $4,712 $353,735 $106,120 $247,615
2018 $5,386 $346,800 $104,040 $242,760
2017 $5,328 $340,000 $102,000 $238,000
2016 $4,956 $312,696 $93,809 $218,887
2015 $4,967 $308,000 $92,400 $215,600
2014 $4,773 $301,144 $135,206 $165,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216010754

California Desert Association of REALTORS®

APN: 620-391-002