NOT LISTED FOR SALE

255 Cordoba Way Palm Desert, CA 92260

Estimated Value: $488,542 - $539,000

2 Beds
2 Baths
1,347 Sq Ft
$654/mo HOA Fee

Last Sold September 18, 2020

Last sale price $364,000 $270 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,762/month

144 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • James Earl Carter Elementary School Rated A-
  • Panoramic View
  • Atrium Room

About This Home

As of September 2020

Location!! Location!! Spectacular Monterey 200 Plan. This property is located on one of the most desirable streets in Monterey Country Club, Cordoba Way. A quiet cul-de-sac with panoramic southern mountain views overlooking a tranquil lake and fairways beyond. Located within easy walking distance to the clubhouse, clubhouse pool and tennis courts. This extraordinary gem has a beautifully landscaped courtyard entry, plantation shutters in the living and dining rooms, a well-maintained live atrium that lends extra light to the living room and master suite, a wet bar and gas fireplace. This is a lovely home and has been an extremely successful vacation rental. If you have an investment in mind, this property already has bookings for the 2020/2021 season if buyers are interested. It is also a perfect property for a year-round resident or second family home. Property is being sold turnkey furnished.

Last Agent to Sell the Property

Joaquin Murguia

HomZ Real Estate Group License #02024510 Listed on: 04/13/2020

Last Buyer's Agent

Jonathan Olow

The GreenHouse Group Inc License #01489448

The GreenHouse Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,082

Year Built

  • Built in 1979

Lot Details

  • 2,178

HOA Fees

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Interior Spaces

  • 1,347 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Atrium Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 622067004

Community Details

Overview

  • Monterey Country Club Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,082

Year Built

Built in 1979

Lot Details

0

HOA Fees

$654 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above
  • List Price per Sq Ft: 281.37
  • Lp Sp Ratio: 0.9600
  • View Type: Golf Course, Lake, Mountain(s), Panoramic
  • Year Built: 1979
  • Listing I D: 219041825
  • Listing Member Address: 72925 Fred Waring, Ste. 104, Palm Desert, CA 92260
  • Listing Office Address: 72925 Fred Waring, Ste. 104, Palm Desert, CA 92260
  • Listing Office Fax: (760) 324-1212
  • Selling Office Address: 2820 Camino Del Rio South, Suite 300, San Diego, CA 92108
  • Land Type: Fee
  • Subdivision: Monterey Country Club
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1347.00

Exterior Features

  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Controlled Access, Fitness Center, Golf Course, Maintenance Grounds, Management, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 545.00
  • HOA Fee 2: 109.00
  • Total Monthly Association Fees: 654.00

Lot Info

  • Assessor Parcel Number: 622067004
  • Lot Acres: 0.0500
  • Lot Size: 2178.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2020
Closed on
Aug 20, 2020
Sold by
Moss Rodney and Moss Marlene
Bought by
Hamilton Donald R and Sandlin Robert J
Seller's Agent
Joaquin Murguia
HomZ Real Estate Group
Buyer's Agent
Jonathan Olow
The GreenHouse Group Inc
List Price
$379,000
Sold Price
$364,000
Premium/Discount to List
-$15,000
-3.96%
Current Estimated Value
$508,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,136
Avg. Annual Appreciation
6.89%
Original Mortgage
$203,840
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2013
Sold by
Moss Rodney and Moss Marlene
Bought by
Moss Rodney and Moss Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2006
Sold by
Moss Rodney and Moss Marlene
Bought by
Moss Rodney and Moss Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 20, 2005
Sold by
Wolfe Robert K
Bought by
Moss Rodney and Moss Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 27, 1998
Sold by
Wolfe Robert K
Bought by
Wolfe Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.75%
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
Hamilton Donald R $364,000 First American Title Co
Moss Rodney -- Nations Title Agency Inc
Moss Rodney B -- Orange Coast Title
Moss Rodney -- None Available
Moss Rodney $410,000 Southland Title Inland Empir
Wolfe Robert K -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Donald R $287,500
Closed Hamilton Donald R $203,840
Previous Owner Moss Rodney B $297,000
Previous Owner Moss Rodney $328,000
Previous Owner Wolfe Robert K $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $364,000 -4.0% $270 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/18/2020 08/18/20 For Sale $379,000 0.0% $281 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
04/13/2020 04/13/20 For Sale $379,000 -- $281 / 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 $5,082 $393,462 $162,364 $231,098
2023 $5,082 $378,185 $156,060 $222,125
2022 $4,843 $370,770 $153,000 $217,770
2021 $4,731 $363,500 $150,000 $213,500
2020 $3,927 $293,509 $102,835 $190,674
2019 $3,824 $284,960 $99,840 $185,120
2018 $3,692 $274,000 $96,000 $178,000
2017 $3,639 $270,000 $94,000 $176,000
2016 $3,983 $300,000 $105,000 $195,000
2015 $3,771 $277,000 $97,000 $180,000
2014 $3,237 $233,000 $82,000 $151,000
Source: Public Records

Agents Affiliated with this Home

  • Joaquin Murguia

    Seller's Agent in 2020

    Joaquin Murguia

    HomZ Real Estate Group

    (760) 861-0149

    6 Total Sales

    Joaquin Murguia
    Section Image
  • Jonathan Olow

    Buyer's Agent in 2020

    Jonathan Olow

    The GreenHouse Group Inc

    (619) 823-9900

    63 Total Sales

    Jonathan Olow
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219041825

California Desert Association of REALTORS®

APN: 622-067-004

California Riverside County Palm Desert 92260

255 Cordoba Way, Palm Desert, CA

This home is located at 255 Cordoba Way, Palm Desert, CA 92260 since 13 April 2020 and is currently estimated at $508,136, approximately $377 per square foot. This property was built in 1979. 255 Cordoba Way is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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