NOT LISTED FOR SALE

Estimated Value: $962,000 - $1,527,000

4 Beds
4.5 Baths
3,310 Sq Ft
$374/Sq Ft Est. Value

Last Sold February 07, 2012

Last sale price $725,000 $219 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $8,151/month

177 Days on Market

Highlights

  • On Golf Course
  • In Ground Pool
  • Panoramic View
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Gated Community

About This Home

As of February 2012

This home offers magnificent views overlooking a lake, mountains, 3 fairways # 10, 11 and 12 of the Grove golf course. This remarkable elevated lot is one of a kind within Indian Ridge. A impeccably furnished Palo Verde 5 with casita includes 3310 sq ft. 4 bedrooms, 4.50 baths featuring a great room with fireplace, formal dining, study and an expansive owner's suite. The spacious patio consists of a built in BBQ and an extensive counter area with wet bar. Indian Ridge CC has 2-18 Championship Arnold Palmer golf courses, sports club, state of the art spa, great tennis and an active social calendar. A beautiful home in one of the best locations in the desert; close to airports, dining and shopping on El Paseo.

Last Agent to Sell the Property

Rita Latham

Tarbell REALTORS License #01354929 Listed on: 08/11/2011

Last Buyer's Agent

Out Side Agent

Desert Real Estate Consultants, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,632

Year Built

  • Built in 1996

Lot Details

  • On Golf Course
  • South Facing Home
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $694 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Turnkey
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,310 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Wired For Sound
  • Ceiling Fan
  • Skylights
  • Custom Window Coverings
  • Blinds
  • Sliding Doors
  • Formal Entry
  • Great Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Golf Cart Garage

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 632471027

Community Details

Overview

  • Association fees include cable TV, insurance, trash
  • Indian Ridge Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Community Spa

Security

  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,632

Year Built

Built in 1996

Lot Details

0

HOA Fees

$694 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Builders Tract Code: Indian Ridge
  • Included In Sale: per inventory list..all in home
  • List Price per Sq Ft: 240.18
  • Lp Sp Ratio: 0.9119
  • View Type: Golf Course, Lake, Mountain(s), Panoramic, Water
  • Year Built: 1996
  • Listing I D: 21434380
  • Listing Office Address: 74245 Hwy 111, Ste 100, Palm Desert, CA 92260
  • Listing Office Fax: (760) 568-3982
  • Selling Member Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Address: No Office Address, unassigned zip code, CA 99999
  • Selling Office Fax: (760) 999-9999
  • Land Type: Fee
  • Subdivision: Indian Ridge
  • Special Features: None

Interior Features

  • Appliances: Bar Ice Maker, Dishwasher, Disposal, Dryer, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Surround Sound Wired, Wet Bar
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Main Floor Master Bedroom, Master Retreat, Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Living/Dining Combo
  • Kitchen Features: Island, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3310.00
  • Windows Treatments: Blinds, Custom Window Covering, Skylight(s)

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, Slab
  • Roofing: Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab, Covered
  • 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 - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Golf Cart Garage

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Insurance, Trash
  • Association Amenities: Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 694.00
  • Total Monthly Association Fees: 694.00

Association/Amenities

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

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632471027
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Location: On Golf Course

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
Aug 11, 2011
Closed on
Dec 28, 2011
Sold by
Koehler Brooke P
Bought by
Grant Michael A and Grant Barbara J
Seller's Agent
Rita Latham
Tarbell REALTORS
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$795,000
Sold Price
$725,000
Premium/Discount to List
-$70,000
-8.81%
Current Estimated Value
$1,239,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,520
Avg. Annual Appreciation
3.98%
Original Mortgage
$543,750
Outstanding Balance
$371,350
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$868,170

Purchase Details

Closed on
Mar 19, 2004
Sold by
Keyes Barry Paul and Keyes Gail Cheryl
Bought by
Koehler Brooke P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2002
Sold by
Keyes Barry Paul and Keyes Gail Cheryl
Bought by
Keyes Barry Paul and Keyes Gail Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1997
Sold by
Sunrise Desert Partners
Bought by
Keyes Barry Paul and Keyes Gail Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,200
Interest Rate
5.12%
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
Grant Michael A $725,000 Western Resources Title
Koehler Brooke P $890,000 First American Title Co
Keyes Barry Paul -- Orange Coast Title Co
Keyes Barry Paul -- Orange Coast Title Co
Keyes Barry Paul $474,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grant Michael A $543,750
Previous Owner Koehler Brooke P $630,000
Previous Owner Keyes Barry Paul $403,000
Previous Owner Keyes Barry Paul $411,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2012 02/07/12 Sold $725,000 -8.8% $219 / Sq Ft
02/04/2012 02/04/12 Pending -- -- --
08/11/2011 08/11/11 For Sale $795,000 -- $240 / 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 $11,632 $931,933 $273,181 $658,752
2023 $11,632 $895,747 $262,574 $633,173
2022 $11,142 $878,184 $257,426 $620,758
2021 $9,571 $751,768 $220,346 $531,422
2020 $8,658 $683,425 $200,314 $483,111
2019 $8,418 $663,520 $194,480 $469,040
2018 $8,110 $638,000 $187,000 $451,000
2017 $8,121 $638,000 $187,000 $451,000
2016 $9,538 $643,000 $193,000 $450,000
2015 $10,297 $692,000 $208,000 $484,000
2014 $10,032 $669,000 $201,000 $468,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21434380

California Desert Association of REALTORS®

APN: 632-471-027