NOT LISTED FOR SALE

218 La Paz Way Palm Desert, CA 92260

Estimated Value: $470,000 - $619,000

3 Beds
2 Baths
1,656 Sq Ft
$569/mo HOA Fee

Last Sold June 12, 2012

Last sale price $331,700 $200 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,962/month

495 Days on Market

Highlights

  • On Golf Course
  • Spa
  • Lake View
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • Property is near a clubhouse

About This Home

As of June 2012

!! MAJOR PRICE REDUCTION !! If you are looking for a good buy, look no further! One of the BEST homes at this price in Monterey Country Club. Scenic splendor surrounds this space and sunshine home boasting spectacular Northeast views of the lake and fairway. This 3 bedroom 2 bath home has cathedral/vaulted ceilings plus generous windows to heighten the feeling of space. The atrium has been converted to a game room or an extension of the den/bedroom (3rd bedroom). Countless amenities include custom cabinetry in guest bath, ceiling fans, extra cabinetry in the garage, mirrored wet bar, gas fireplace, plantation shutters and the list goes on. This home has a relaxing easy lifestyle and is located on one of the best streets in Monterey CC (on cul-de-sac near the clubhouse, tennis/fitness facilities and the community pool). This is more than a home, it is a way of life.

Last Agent to Sell the Property

Scott Jim Homes Team

Bennion Deville Homes License #01256351 Listed on: 02/02/2012

Co-Listed By

Scott R.S. Palermo

Bennion Deville Homes License #01256351

Last Buyer's Agent

Jason Novack

Bennion Deville Homes License #01398918

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,450

Year Built

  • Built in 1979

Lot Details

  • On Golf Course
  • Cul-De-Sac
  • East Facing Home
  • Block Wall Fence
  • Front Yard

HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Spanish Architecture
  • Turnkey
  • Brick Exterior Construction
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • On-Street Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Concrete Porch or Patio

Location

  • Ground Level
  • Property is near a clubhouse

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 622064009

Community Details

Overview

  • Association fees include cable TV, security, trash
  • Monterey Country Club Subdivision, Plan 30
  • On-Site Maintenance

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,450

Year Built

Built in 1979

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East
  • Levels: Ground Level, No Unit Above, One
  • Builder Model Name: Plan 30
  • Builders Tract Code: Monterey Country Clu
  • Building Style: Spanish
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 222.83
  • Lp Sp Ratio: 0.8989
  • View Type: Golf Course, Lake, Mountain(s)
  • Year Built: 1979
  • Co Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-6951
  • Listing I D: 21444200
  • Listing Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Listing Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-6951
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Monterey Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Block Walls, Cathedral Ceiling(s), Storage, Wet Bar
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 3
  • Bathroom Features: Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Laundry: Individual Room
  • Estimated Sq Ft: 1656.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Brick, Stucco
  • Other Features: Slab
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Fireplace(s), Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security, Trash
  • Association Amenities: Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 474.00
  • HOA Fee 2: 95.00
  • Total Monthly Association Fees: 569.00

Association/Amenities

  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Lot Info

  • Assessor Parcel Number: 622064009
  • Lot Acres: 0.0600
  • Lot Description: Front Yard
  • Lot Location: Close to Clubhouse, Cul-De-Sac, On Golf Course
  • Lot Size: 2614.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
Jun 6, 2012
Sold by
Nordine Gary E and Nordine Carol Ann
Bought by
Freedman Stanley H and Karp Judith E
Seller's Agent
Scott Jim Homes Team
Bennion Deville Homes
Buyer's Agent
Jason Novack
Bennion Deville Homes
List Price
$389,000
Sold Price
$331,700
Premium/Discount to List
-$57,300
-14.73%
Current Estimated Value
$560,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,785
Avg. Annual Appreciation
4.00%
Original Mortgage
$248,775
Outstanding Balance
$171,924
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$388,561

Purchase Details

Closed on
Apr 16, 2009
Sold by
Nordine Gary E and Nordine Carol Ann
Bought by
Nordine Gary E and Nordine Carol Ann

Purchase Details

Closed on
Mar 26, 2008
Sold by
Nordine Gary
Bought by
Nordine Gary and Nordine Carol Ann

Purchase Details

Closed on
Dec 18, 2006
Sold by
Nordine Carol Ann
Bought by
Nordine Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2006
Sold by
Castagnetti Ruggero and Ford Castagnetti Wendy
Bought by
Nordine Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2004
Sold by
Deleon Raymond L and Page Bonnie T
Bought by
Castegnetti Ruggero and Ford Castagnetti Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
4.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 25, 2002
Sold by
Laurvik Erling and Laurvik Astrid M
Bought by
Deleon Raymond L and Page Bonnie T

Purchase Details

Closed on
May 20, 1997
Sold by
Erling Laurvik and Laurvik Astrid M
Bought by
Laurvik Erling and Laurvik Astrid M

Purchase Details

Closed on
May 5, 1994
Sold by
Laurvik Erling and Laurvik Astrid M
Bought by
Laurvik Erling and Laurvik Astrid M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1994
Sold by
Laurvik Erline and Laurvik Astrid M
Bought by
Laurvik Erling and Laurvik Astrid M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.59%
Mortgage Type
Purchase Money Mortgage
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
Freedman Stanley H $332,000 Orange Coast Title Co
Nordine Gary E -- None Available
Nordine Gary E -- None Available
Nordine Gary -- Stewart Title Of California
Nordine Gary -- Fidelity Natl Title Ins Co
Nordine Gary $430,000 Fidelity Natl Title Ins Co
Castegnetti Ruggero $339,000 Orange Coast Title Co
Deleon Raymond L $208,000 Orange Coast Title
Laurvik Erling -- --
Laurvik Erling -- --
Laurvik Erling -- --
Laurvik Erling -- --
Laurvik Erling -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freedman Stanley H $248,775
Previous Owner Nordine Gary $344,000
Previous Owner Castegnetti Ruggero $268,800
Previous Owner Laurvik Erling $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2012 06/12/12 Sold $331,700 -10.1% $200 / Sq Ft
03/12/2012 03/12/12 Price Changed $369,000 0.0% $223 / Sq Ft
01/31/2012 01/31/12 Rented $3,800 -99.0% --
01/31/2012 01/31/12 Under Contract -- -- --
02/02/2011 02/02/11 For Sale $389,000 0.0% $235 / Sq Ft
09/01/2010 09/01/10 For Rent $3,800 -- --
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 $5,450 $416,992 $145,943 $271,049
2023 $5,450 $400,802 $140,277 $260,525
2022 $5,200 $392,944 $137,527 $255,417
2021 $5,083 $385,240 $134,831 $250,409
2020 $4,992 $381,291 $133,449 $247,842
2019 $4,902 $373,816 $130,833 $242,983
2018 $4,814 $366,487 $128,269 $238,218
2017 $4,722 $359,302 $125,754 $233,548
2016 $4,613 $352,258 $123,289 $228,969
2015 $4,632 $346,969 $121,438 $225,531
2014 $4,334 $322,000 $113,000 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21444200

California Desert Association of REALTORS®

APN: 622-064-009