NOT LISTED FOR SALE

Estimated Value: $1,213,000 - $1,730,000

3 Beds
3.5 Baths
3,082 Sq Ft
$502/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $1,125,000 $365 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $9,895/month

55 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Palm Desert High School Rated A
  • Gourmet Kitchen
  • Gated Community

About This Home

As of March 2019

New REMODEL completed just 3 years ago featuring Modern clean lines! South-Facing, Ocotillo 1 Open Floor Plan w/Gorgeous Pool & Spa in Indian Ridge CC. The Home is Upgraded w/Elegant, Modern Furnishings & Decor. Featuring a large Gourmet Kitchen w/high quality Appliances, Island, Wine Fridge, & Walk-in Pantry, Open to the Great Room wFireplace & Dramatic Upgrades to the Slider w/Floor to Ceiling Glass. Spacious Master Suite & Bath has 2 Walk-in Closets & offers direct access to the Pool & Spa. Featuring Custom Built-ins, Lighting, Paint, Flat Screen TVs, Electric Shades, Tile Floors & Ceiling Fans. The exterior has Beautiful Desert Landscaping & a large side yard w/lush grass. Located on an over-sized Elevated Lot w/Picturesque Fairway Views of the #16 Green on the Grove Course & a backdrop of Majestic Palms & Southern Mountains. Expansive Patio w/Built-in BBQ, Fire Pit, Awning & Stunning Salt-Water Pool & Spa w/3 cascading waterfalls & tanning shelf. Offered Furnished per inventory.

Last Agent to Sell the Property

Michael Bannister

Windermere Homes & Estates License #01412061 Listed on: 01/05/2019

Co-Listed By

The Bannister Group

Windermere Homes & Estates License #01278477

Last Buyer's Agent

The Bannister Group

Windermere Homes & Estates License #01278477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,524

Year Built

  • Built in 1998

Lot Details

  • 0.25 Acre Lot
  • On Golf Course
  • South Facing Home
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Lawn
  • Front Yard
  • Land Lease expires <<landLeaseExpirationDate>>

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 3,082 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Awning
  • Custom Window Coverings
  • Sliding Doors
  • Formal Entry
  • Great Room with Fireplace
  • Formal Dining Room
  • Storage
  • Utility Room

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Golf Cart Garage

Pool

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

Schools

  • Palm Desert High School

Utilities

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

Additional Features

  • Built-In Barbecue
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 632570017

Community Details

Overview

  • Association fees include cable TV, trash
  • Built by Sunrise Corp
  • Indian Ridge Subdivision, Ocotillo 1 Floorplan

Recreation

  • Golf Course Community
  • Community Pool

Security

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,524

Year Built

Built in 1998

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces South
  • Levels: Ground, Ground Level, No Unit Above
  • Builder Model Name: Ocotillo 1
  • Builder Name: Sunrise Corp
  • Builders Tract Code: Indian Ridge
  • Building Number Of Stories: 1
  • Included In Sale: Furnishings per inventory list
  • List Price per Sq Ft: 389.03
  • Lp Sp Ratio: 0.9383
  • View Type: Golf Course, Mountain(s), Pool
  • Water District Name: CV Water District
  • Year Built: 1998
  • Co Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Listing I D: 219000497
  • Listing Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Selling Office Address: 73-725 El Paseo Dr., Ste 23A, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Indian Ridge
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Gas Cooktop, Gas/Elec Dryer Hookup, Microwave Oven, Refrigerator, Self Cleaning Oven, Trash Compactor, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, High Ceilings (9 Ft+), Storage
  • Range Hood: Yes
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Mixed, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Formal Dining Room
  • Kitchen Features: Gourmet Kitchen, Island, Pantry, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 3082.00
  • Windows Treatments: Awnings, Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Foundation: Slab
  • Patio: Awning(s)
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community, Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Golf Cart Garage
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Yes
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Trash
  • Association Amenities: Controlled Access, Management
  • HOA Information: Yes
  • HOA Fee 1: 495.00
  • Total Monthly Association Fees: 495.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632570017
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2500
  • Lot Description: Front Yard, Landscaped, Lawn, Street Paved
  • Lot Location: On Golf Course
  • Lot Size: 10890.00

Rental Info

  • Furnished: Furnished
  • Land Lease Expiration Year: 10
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • High School: Palm Desert
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Pennington Mark S and Pennington Susan M
Bought by
Mark Stephen Pennington 2023 Revocable Trust and Pennington
Current Estimated Value
$1,548,635

Purchase Details

Listed on
Jan 5, 2019
Closed on
Mar 5, 2019
Sold by
Burgess Ernest A and Burgess Diane J
Bought by
Pennington Mark S and Pennington Susan M
Seller's Agent
Michael Bannister
Windermere Homes & Estates
Buyer's Agent
The Bannister Group
Windermere Homes & Estates
List Price
$1,199,000
Sold Price
$1,125,000
Premium/Discount to List
-$74,000
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$900,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2012
Closed on
Jan 25, 2013
Sold by
Gietzen Reynold W and Gietzen Barbara J
Bought by
Burgess Ernest A and Burgess Diane J
Seller's Agent
Carol Starr
Buyer's Agent
Debra Vollmer
List Price
$967,500
Sold Price
$919,000
Premium/Discount to List
-$48,500
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Sunrise Desert Partners
Bought by
Gietzen Reynold W and Gietzen Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,250
Interest Rate
6.75%
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
Mark Stephen Pennington 2023 Revocable Trust -- None Listed On Document
Pennington Mark S $1,125,000 Fidelity National Ttl Ins Co
Burgess Ernest A $919,000 Orange Coast Title Co
Gietzen Reynold W $453,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pennington Mark S $900,000
Previous Owner Gietzen Reynold W $385,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2019 03/22/19 Sold $1,125,000 -6.2% $365 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $1,199,000 +30.5% $389 / Sq Ft
02/01/2013 02/01/13 Sold $919,000 -2.8% $298 / Sq Ft View Prior Sale
01/26/2013 01/26/13 Pending -- -- --
10/26/2012 10/26/12 Price Changed $945,000 -2.3% $307 / Sq Ft
05/23/2012 05/23/12 For Sale $967,500 -- $314 / 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 $15,524 $1,254,953 $136,648 $1,118,305
2023 $15,524 $1,206,224 $131,343 $1,074,881
2022 $14,883 $1,182,573 $128,768 $1,053,805
2021 $14,576 $1,159,387 $126,244 $1,033,143
2020 $14,303 $1,147,500 $124,950 $1,022,550
2019 $12,691 $1,014,481 $355,068 $659,413
2018 $12,452 $994,590 $348,106 $646,484
2017 $12,220 $975,089 $341,281 $633,808
2016 $13,093 $955,971 $334,590 $621,381
2015 $13,143 $941,614 $329,565 $612,049
2014 $12,942 $923,171 $323,110 $600,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219000497

California Desert Association of REALTORS®

APN: 632-570-017