$630,618 - $851,000
RENTED FEB 22, 2025
3 Beds
2.5 Baths
2,086 Sq Ft
$335 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • 2 Car Attached Garage
  • Mountain View
  • Bocce Ball Court
  • Living Room

About This Home

As of February 2025

Great opportunity to lease a NEW CONSTRUCTION HOME in University Park. This 3 bedroom/2.5 bathroom includes a living area with a separate great room. Spacious kitchen has all appliances including refrigerator, dishwasher, gas oven/stove, and built-in microwave. This energy efficient home also has solar power to reduce your electric bill, tankless water heater, laminate floor (downstairs), carpet (upstairs), and tile floor in all bathrooms. Washer and dryer are available in a laundry room. Residents will enjoy a host of amenities at The Grove, including: Resort pool, Lap pool, Kiddie pool, Spas, Pickleball and Bocce courts ,Fitness center, Shaded playground, Event lawn with stagePatio covers, Fire pit, and Barbecue area.This home is located close to several major shopping centers and easy access to I-10 freeway.

Last Agent to Rent the Property

Jamie Yang

HomeSmart License #02099535 Listed on: 11/10/2024

HomeSmart

Last Renter's Agent

Jamie Yang

HomeSmart License #02099535 Listed on: 11/10/2024

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,608

Year Built

  • Built in 2023

Lot Details

  • 5,545 Sq Ft Lot
  • Sprinkler System

Interior Spaces

  • 2,086 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Living Room
  • Mountain Views
  • Fire Sprinkler System

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $3,600
  • Assessor Parcel Number 694561003

Community Details

Overview

  • HOA YN
  • Built by Wood Bridge Pacific Group
  • University Park Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Bocce Ball Court
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,608

Year Built

Built in 2023

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Security Deposit: 3600.00

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: Two
  • Builder Name: Wood Bridge Pacific Group
  • List Price per Sq Ft: 1.73
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s)
  • Year Built: 2023
  • Pets Allowed: Size Limit, Number Limit, Call
  • Internal Listing I D: 20241107055536487218000000
  • Listing I D: 219119852
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: University Park
  • Special Features: NewHome

Interior Features

  • Appliances: Dryer, Gas Oven, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Flooring: Carpet, Tile, Laminate
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Laundry: Upper Level
  • Estimated Sq Ft: 2086.00
  • Windows Treatments: Blinds

Exterior Features

  • 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: Central Air
  • Heating: Central
  • Security: Fire Sprinkler System
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Tankless

Condo/Co-op/Association

  • Association Amenities: Barbecue, Fitness Center, Clubhouse, Bocce Ball Court
  • HOA Information: Yes
  • HOA Fee 1: 1.00
  • Total Monthly Association Fees: 1.00
  • H O A1 Frequency: Monthly

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 694561003
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1300
  • Lot Size: 5545.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Woodbridge Pacific Group Llc
Bought by
Kakuturu Mahesh Kumar Reddy and Kakuturu Monika
Current Estimated Value
$699,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,566
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 2023
Sold by
University Park Investor Llc
Bought by
Wpg University Park Llc
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
Kakuturu Mahesh Kumar Reddy $624,500 First American Title
Wpg University Park Llc $137,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kakuturu Mahesh Kumar Reddy $561,566
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2025 02/22/25 Rented $3,600 0.0% --
02/21/2025 02/21/25 Under Contract -- -- --
11/10/2024 11/10/24 For Rent $3,600 -- --
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 $8,608 $636,512 $193,800 $442,712
2023 $8,608 $25,677 $25,677 $0
2022 $2,462 $25,174 $25,174 $0
2021 $2,462 -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219119852

California Desert Association of REALTORS®

APN: 694-561-003