NOT LISTED FOR SALE

Estimated Value: $498,991 - $533,000

2 Beds
2 Baths
1,387 Sq Ft
1,307 Sq Ft Lot

Last Sold July 01, 2016

Last sale price $272,000 $196 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,104/month

75 Days on Market

About This Home

As of July 2016

Built in 2007, Palermo is an architecturally luxurious community of 2-story Townhomes and 1-story Villas. This 2-story A Plan showcases 2 upstairs bedrooms with their own baths, a private sun deck & a loft area perfect for a home office. The open kitchen flowes into the dining & living areas with soaring ceilings and dramatic walls of glass for optimal sunlight. This "A" Plan Townhome has north mountain views and its own private rear yard with covered patio plus a 1 car attached garage. Granite counters throughout, wood cabinetry & all appliances are included. Palermo has a strong HOA & offers a secure/gated community with 2 pools/spas, state-of-the-art fitness center, clubhouse with full kitchen & billiards and BBQ areas. Amazingly well priced Townhome

Last Agent to Sell the Property

Scott Lyle

Compass License #00700215 Listed on: 03/09/2016

Compass

Last Buyer's Agent

Gina Lyle

Douglas Elliman of California, Inc. License #01223166

Douglas Elliman of California, Inc.

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,500

Year Built

2007

Lot Details

0

Parking

1

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2016-05-04
  • Full Bathroom: 2
  • Building Size: 1387.0
  • Building Structure Style: Modern
  • Driving Directions: North on Indian Canyon Drive, first right after San Rafael Road.
  • Full Street Address: 231 BREEZE LOOP
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2016-07-07
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 1
  • Total Number of Units: 117
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Bathroom Features: Double Vanity(s), Shower Stall
  • Bedroom Features: 2 Master Bedrooms
  • Eating Areas: Breakfast Counter / Bar, Breakfast Nook
  • Appliances: Built-In Gas, Microwave, Oven-Gas, Range, Range Hood
  • Advertising Remarks: Built in 2007, Palermo is an architecturally luxurious community of 2-story Townhomes and 1-story Villas. This 2-story A Plan showcases 2 upstairs bedrooms with their own baths, a private sun deck & a loft area perfect for a home office. The open kitche
  • Total Bedrooms: 2
  • Builders Tract Code: 5052
  • Builders Tract Name: PALERMO
  • Fireplace: No
  • Levels: Multi Levels
  • Spa: Yes
  • Interior Amenities: Storage Space
  • Appliances: Dishwasher, Garbage Disposal
  • Floor Material: Carpet, Concrete Slab
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1163
  • Common Walls: Attached
  • Direction Faces: Faces North
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Concrete Slab, Covered
  • Fence: Block Wall
  • Roofing: Flat Tile
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 1.0
  • Total Parking Spaces: 1
  • Parking Spaces Total: 1
  • Parking Type: Garage - Single Door

Utilities

  • Sewer: In, Connected & Paid
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning
  • Heating Type: Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Pet Rules, Billiard Room, Gym/Ex Room, Fitness Center, Gated Community, Guest Parking
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Clubhouse, Insurance Paid, Trash Paid, Water Paid
  • Association Rules: PetsPermitted, Call for Rules
  • Association Name: Palermo
  • HOA Fees: 308.0

Schools

  • Elementary School: Vista Del Monte Elem
  • Middle School: Raymond Cree Middle
  • High School: Palm Springs High Sc

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
May 25, 2016
Sold by
Ic 40 Llc
Bought by
Bergin Michael G
Seller's Agent
Scott Lyle
Compass
Buyer's Agent
Gina Lyle
Douglas Elliman of California, Inc.
List Price
$274,000
Sold Price
$272,000
Premium/Discount to List
-$2,000
-0.73%
Current Estimated Value
$514,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,748
Avg. Annual Appreciation
7.39%
Original Mortgage
$267,073
Outstanding Balance
$213,479
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$312,462

Purchase Details

Closed on
Oct 1, 2012
Sold by
Ncb Development Ix Llc
Bought by
Ic 40 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 18, 2011
Sold by
Ps Venture Indian Canyon/San Rafael Llc
Bought by
Ncb Development Ix Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bergin Michael G $272,000 Stewart Title Of Ca Inc
Ic 40 Llc -- Stewart Title Riverside
Ncb Development Ix Llc $6,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergin Michael G $267,073
Previous Owner Ic 40 Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $272,000 -0.7% $196 / Sq Ft
03/09/2016 03/09/16 For Sale $274,000 -- $198 / Sq Ft
Source: The MLS

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 $4,500 $315,672 $81,238 $234,434
2023 $4,500 $303,417 $78,085 $225,332
2022 $4,543 $297,468 $76,554 $220,914
2021 $4,422 $291,636 $75,053 $216,583
2020 $4,233 $288,647 $74,284 $214,363
2019 $4,161 $282,988 $72,828 $210,160
2018 $4,083 $277,440 $71,400 $206,040
2017 $4,017 $272,000 $70,000 $202,000
2016 $2,471 $150,828 $20,801 $130,027
2015 $2,371 $148,565 $20,490 $128,075
2014 $2,330 $145,657 $20,090 $125,567
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-104224PS

The MLS

APN: 669-721-036