NOT LISTED FOR SALE

261 Desert Falls Dr E Palm Desert, CA 92211

Desert Falls Neighborhood

Estimated Value: $379,079 - $410,000

2 Beds
2 Baths
1,330 Sq Ft
$540/mo HOA Fee

Last Sold August 01, 2018

Last sale price $210,000 $158 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,889/month

47 Days on Market

Highlights

  • Unit is on the top floor
  • Heated In Ground Pool
  • Mediterranean Architecture
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • Pool View

About This Home

As of August 2018

Lovely light and bright upper level villa with that coveted South exposure! Two bedrooms, two baths, vaulted ceilings, gas fireplace, two car garage and a very desirable poolside location. Don't miss this one, it's cute as can be, and furnished per inventory!

Last Agent to Sell the Property

Valery Neuman Team

HK Lane Real Estate License #01138184 Listed on: 05/04/2018

Co-Listed By

Linda Livingston

HK Lane Real Estate License #01236156

Last Buyer's Agent

Brandon Lane

Coldwell Banker Realty License #01976516

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,490

Year Built

  • Built in 1989

Lot Details

  • Cul-De-Sac
  • South Facing Home

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tile Roof

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Fireplace With Glass Doors
  • Living Room with Fireplace
  • Pool Views
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Central Air
  • Cable TV Available

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 626021002

Community Details

Overview

  • Association fees include cable TV, security, maintenance paid, insurance
  • Desert Falls Country Club Subdivision

Recreation

  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,490

Year Built

Built in 1989

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Leisure Faces South
  • Levels: Two
  • Builders Tract Code: Desert Falls C.C.
  • Building Number Of Stories: 1
  • Building Style: Mediterranean
  • List Price per Sq Ft: 169.10
  • Lp Sp Ratio: 0.9337
  • View Type: Pool
  • Year Built: 1989
  • Co Listing Office Address: 72895 Fred Waring Dr., Palm Desert, CA 92260
  • Co Listing Office Fax: (760) 776-9374
  • Co Selling Office Address: 72895 Fred Waring Dr., Palm Desert, CA 92260
  • Co Selling Office Fax: (760) 776-9374
  • Listing I D: 218014062
  • Listing Office Address: 72895 Fred Waring Dr., Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-9374
  • Post Direction: E
  • Selling Office Address: 72895 Fred Waring Dr., Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-9374
  • Land Type: Fee
  • Subdivision: Desert Falls Country Club
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Glass Doors
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: Individual Room
  • Estimated Sq Ft: 1330.00

Exterior Features

  • Other Features: Balcony
  • Roofing: Tile
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Security: 24 Hour Security
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security, Maintenance Paid, Insurance
  • Association Amenities: Controlled Access, Management
  • HOA Information: Yes
  • HOA Fee 1: 540.00
  • Total Monthly Association Fees: 540.00
  • Unit Location: Second Floor, Top Floor

Lot Info

  • Assessor Parcel Number: 626021002
  • Lot Acres: 0.0600
  • Lot Location: Cul-De-Sac
  • Lot Size: 2614.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Gomez Maria I
Bought by
Gomez Maria I
Current Estimated Value
$393,020

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
Outstanding Balance
$143,437
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$249,583

Purchase Details

Closed on
Oct 8, 2018
Sold by
Gomez Maria I
Bought by
Gomez Maria I

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 29, 2018
Sold by
Cina John A and Mcmullen Karen
Bought by
Gomez Maria I
Seller's Agent
Valery Neuman Team
HK Lane Real Estate
Buyer's Agent
Brandon Lane
Coldwell Banker Realty
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$199,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2005
Sold by
Grossberg Sanford and Grossberg Lori
Bought by
Cina John A and Mcmullen Karen

Purchase Details

Closed on
Dec 5, 2003
Sold by
Sorensen Richard and Sorensen Denise
Bought by
Grossberg Sanford and Grossberg Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2000
Sold by
Benn Joshua K
Bought by
Sorensen Richard and Sorensen Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,062
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1999
Sold by
Chisick Mark D and Chisick Denise M
Bought by
Benn Joshua K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Chisick Mark and Chisick Denise
Bought by
Chisick Mark D and Chisick Denise M

Purchase Details

Closed on
Dec 1, 1998
Sold by
Chisick Brad and Reynolds Mark E
Bought by
Chisick Mark and Chisick Denise

Purchase Details

Closed on
Nov 25, 1998
Sold by
Tfd Properties
Bought by
Chisick Mark and Chisick Denise

Purchase Details

Closed on
Oct 1, 1997
Sold by
Chisick Mark and Chisick Denise
Bought by
Tfd Properties
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
Gomez Maria I -- Old Republic Title Company
Gomez Maria I -- Old Republic Title Company
Gomez Maria I -- None Available
Gomez Maria I $210,000 Lawyers Title Ie
Cina John A $325,000 First American Title Company
Grossberg Sanford $200,000 Multiple
Sorensen Richard $138,000 Commonwealth Land Title Co
Benn Joshua K $127,000 Fidelity National Title Ins
Chisick Mark D -- --
Chisick Mark $71,500 --
Chisick Mark -- --
Tfd Properties -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Maria I $200,000
Closed Gomez Maria I $199,500
Previous Owner Grossberg Sanford $160,000
Previous Owner Sorensen Richard $124,062
Previous Owner Benn Joshua K $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $210,000 -6.6% $158 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $224,900 -- $169 / 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 $3,490 $234,254 $58,562 $175,692
2023 $3,490 $225,160 $56,289 $168,871
2022 $3,241 $220,746 $55,186 $165,560
2021 $3,143 $216,418 $54,104 $162,314
2020 $3,092 $214,200 $53,550 $160,650
2019 $3,039 $210,000 $52,500 $157,500
2018 $3,353 $236,000 $59,000 $177,000
2017 $3,259 $229,000 $57,000 $172,000
2016 $3,467 $248,000 $62,000 $186,000
2015 $3,555 $251,000 $63,000 $188,000
2014 $3,225 $232,000 $58,000 $174,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Valery Neuman Team

    HK Lane Real Estate

  • L

    Seller Co-Listing Agent in 2018

    Linda Livingston

    HK Lane Real Estate

  • Brandon Lane

    Buyer's Agent in 2018

    Brandon Lane

    Coldwell Banker Realty

    (760) 565-3806

    8 in this area

    21 Total Sales

    Brandon Lane
    Section Image

  • U

    Buyer's Agent in 2018

    Unknown Member

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218014062

California Desert Association of REALTORS®

APN: 626-021-002

California Riverside County Palm Desert 92211 Desert Falls

261 Desert Falls Dr E, Palm Desert, CA

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.

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