NOT LISTED FOR SALE

345 Desert Falls Dr E Palm Desert, CA 92211

Desert Falls Neighborhood

Estimated Value: $574,000 - $672,000

3 Beds
3 Baths
2,236 Sq Ft
$619/mo HOA Fee

Last Sold July 30, 2021

Last sale price $585,000 $262 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,575/month

4 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Heated In Ground Pool
  • James Earl Carter Elementary School Rated A-
  • 24-Hour Security
  • Panoramic View

About This Home

As of July 2021

Come see this beautifully renovated townhouse located on the 13th green of the championship golf course, Desert Falls Country Club. From the moment you enter through the double entry doors you will be captivated by the open floor plan, which features vaulted ceilings and stunning natural light throughout the entire home. The home has 3 bedrooms and 3 bathrooms with a comfortably sized master bedroom. Enjoy the breathtaking mountain views from your own private balcony, or the beautifully renovated master bathroom with dual sinks, oversized walk-in shower, and a separate soaking tub. The kitchen is an entertainers dream, with custom-built cabinets, stainless steel appliances, wine chiller, and an oversized island that seats six. This is a perfect opportunity for investors! The home has been professionally designed and managed as a short-term rental property with a proven high occupancy rate. The property is sold completely furnished at no extra cost, making it the perfect turn-key opportunity. The community of Desert Falls has resort style amenities including numerous swimming pools, a state-of-the-art fitness center, and is renowned for its tennis, pickleball, and championship golf course. Located very close to shopping, other world class resorts, and gourmet restaurants.

Last Agent to Sell the Property

Philip Glenn

Douglas Elliman License #02026331 Listed on: 06/01/2021

Douglas Elliman

Last Buyer's Agent

Tina Airey

Coldwell Banker Realty License #01237852

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,596

Year Built

  • Built in 1989

Lot Details

  • 3,049

HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Guest Parking

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,236 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Utility Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • On Golf Course
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 626-022-011

Community Details

Overview

  • Association fees include cable TV, security, maintenance paid, insurance, building and grounds
  • 1,086 Units
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,596

Year Built

Built in 1989

Lot Details

0

HOA Fees

$619 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Levels: Ground Level
  • Street Number Display: Yes
  • Complex Name: Desert Falls Homeowners Association
  • Entry Floor: 1
  • Living Area: 2236
  • Lot Acreage: 0.0700
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1989
  • Builders Tract Name: Desert Falls C.C.
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator, Range/Oven, Washer, Ceiling Fan, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 261.63

Exterior Features

  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Pool Description: In Ground, Heated, Community
  • Pool: Yes
  • Spa: Community, Heated
  • Spa Yn: Yes
  • View: Golf Course, Panoramic, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Central, Ceiling Fan, Air Conditioning
  • Heating: Fireplace, Forced Air, Natural Gas
  • Security: 24 Hour, Gated Community with Guard

Association/Amenities

  • Community Features: Golf Course within Development
  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Fitness Center, Gated Community Guard, Clubhouse, Golf, Guest Parking, Onsite Property Management, Tennis Courts, Spa, Security, Pool
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Security, Maintenance Paid, Insurance, Building and Grounds
  • HOA Fees: 399.00
  • HOA Fees: 220.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 626-022-011
  • Lot Description: Gated Community
  • Lot Location: On Golf Course
  • Lot Size Area: 3049

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 14, 2021
Sold by
Pohison Tanya S and The Pohison Living Trust
Bought by
Freeman Rahsaan and Freeman Pooja
Seller's Agent
Philip Glenn
Douglas Elliman
Buyer's Agent
Tina Airey
Coldwell Banker Realty
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$635,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,008
Avg. Annual Appreciation
1.95%
Original Mortgage
$468,000
Outstanding Balance
$424,832
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$210,176

Purchase Details

Closed on
Oct 9, 2019
Sold by
Pohlson Scott Alan and Pohlson Tanya Sue
Bought by
Pohlson Scott A and Pohlson Tanya S

Purchase Details

Listed on
Mar 25, 2018
Closed on
Jul 5, 2018
Sold by
Tracy Brian M and Tracy Kathleen
Bought by
Pohlson Scott Alan and Pohlson Tanya Sue
Seller's Agent
Richard Chamberlin
Compass
Buyer's Agent
Unknown Member
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Atterbury R Rennie
Bought by
Tracy Brian M and Tracy Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 26, 1998
Sold by
Greeley Michael H and Greeley Judith S
Bought by
Atterbury R Rennie and Atterbury Lynda S

Purchase Details

Closed on
Feb 7, 1994
Sold by
Deane Winnifred M R
Bought by
Greeley Michael H and Greeley Judith S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1993
Sold by
Dean Winnifred
Bought by
Deane Winnifred M R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.85%
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
Freeman Rahsaan $585,000 Orange Coast Title
Pohlson Scott A -- None Available
Pohlson Scott Alan $420,000 Stewart Title Of California
Tracy Brian M $620,000 Orange Coast Title Company
Atterbury R Rennie $247,500 Fidelity National Title Ins
Greeley Michael H $265,000 Fidelity National Title Co
Deane Winnifred M R -- First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Rahsaan $468,000
Previous Owner Tracy Brian M $359,000
Previous Owner Greeley Michael H $203,150
Previous Owner Deane Winnifred M R $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $585,000 0.0% $262 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $585,000 +39.3% $262 / Sq Ft
07/24/2018 07/24/18 Sold $420,000 -4.3% $188 / Sq Ft View Prior Sale
06/28/2018 06/28/18 Pending -- -- --
03/25/2018 03/25/18 For Sale $439,000 -- $196 / 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 $7,596 $551,826 $193,141 $358,685
2023 $7,596 $530,399 $185,642 $344,757
2022 $7,169 $441,492 $154,522 $286,970
2021 $5,708 $432,837 $151,493 $281,344
2020 $5,606 $428,400 $149,940 $278,460
2019 $5,502 $420,000 $147,000 $273,000
2018 $5,392 $404,000 $103,000 $301,000
2017 $5,176 $387,000 $98,000 $289,000
2016 $5,325 $402,000 $102,000 $300,000
2015 $5,179 $383,000 $97,000 $286,000
2014 $5,062 $381,000 $97,000 $284,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Philip Glenn

    Douglas Elliman

    (760) 459-8398

    1 in this area

    3 Total Sales

    Philip Glenn
    Section Image

  • T

    Buyer's Agent in 2021

    Tina Airey

    Coldwell Banker Realty

    (760) 413-0135

    2 in this area

    19 Total Sales

    Tina Airey
    Section Image
  • Richard Chamberlin

    Seller's Agent in 2018

    Richard Chamberlin

    Compass

    (760) 832-5398

    1 in this area

    152 Total Sales

    Richard Chamberlin
    Section Image

  • U

    Buyer's Agent in 2018

    Unknown Member

See All Agents

Map

Source: The MLS

MLS Number: 21-733800

The MLS

APN: 626-022-011

California Riverside County Palm Desert 92211 Desert Falls

345 Desert Falls Dr E, Palm Desert, CA

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