NOT LISTED FOR SALE

Estimated Value: $718,000 - $823,342

5 Beds
3.5 Baths
2,953 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 23, 2020

Last sale price $509,000 $172 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,996/month

54 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Updated Kitchen
  • Palm Desert High School Rated A
  • Gated Community
  • Open Floorplan

About This Home

As of April 2020

Stunning 5 bedroom pool home in the heart of Palm Desert. Luxurious hardwood floors, remodeled kitchen and baths and a super large yard make this home extremely desirable. Salt water/Pebble tec pool, with spacious patio and even an upstairs balcony for those forever views! There are 4 bedrooms (three are upstairs) plus a downstairs office or 5th bedroom, large Family room with fireplace, living room , dining room and more.

Last Agent to Sell the Property

Elaine Stewart

Re/Max Desert Properties License #01169846 Listed on: 02/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,411

Year Built

  • Built in 1988

Lot Details

  • 0.27 Acre Lot
  • East Facing Home
  • Landscaped
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 2,953 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Double Door Entry
  • Family Room with Fireplace
  • Living Room
  • Breakfast Room
  • Dining Area
  • Den
  • Storage
  • Laundry Room
  • Mountain Views

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Updated Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 626250003

Community Details

Overview

  • Association fees include cable TV
  • Regency Palms Subdivision
  • Greenbelt
  • Planned Unit Development

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,411

Year Built

Built in 1988

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Leisure Faces East
  • Levels: Two
  • Building Number Of Stories: 1
  • Entry Location: Main Level, Foyer
  • List Price per Sq Ft: 182.83
  • Lp Sp Ratio: 0.9400
  • View Type: Mountain(s)
  • Year Built: 1988
  • Listing I D: 219039874
  • Listing Office Address: 74907 Hwy 111, Indian Wells, CA 92210
  • Selling Office Address: 74907 Hwy 111, Indian Wells, CA 92210
  • Land Type: Fee
  • Subdivision: Regency Palms
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Interior Amenities: Cathedral Ceiling(s), Storage, Recessed Lighting, Open Floorplan
  • Fireplace Features: Gas Starter
  • Flooring: Carpet, Tile
  • Bedroom Features: Main Floor Bedroom, Walk In Closet, Primary Suite, Main Floor Primary Bedroom
  • Total Bedrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Kitchen Features: Granite Counters, Remodeled, Kitchenette, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 2953.00

Exterior Features

  • Construction: Stucco
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Driveway, Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Fireplace(s), Forced Air
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Greenbelt/Park
  • HOA Information: Yes
  • HOA Fee 1: 190.00
  • Total Monthly Association Fees: 190.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 626250003
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2699
  • Lot Description: Landscaped, Irregular Lot
  • Lot Size: 11761.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Apr 1, 2020
Sold by
Christianian Ripsime Seme
Bought by
Christianian Raffi Kaloust
Seller's Agent
Elaine Stewart
Re/Max Desert Properties
List Price
$559,900
Sold Price
$509,000
Premium/Discount to List
-$50,900
-9.09%
Current Estimated Value
$786,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,836
Avg. Annual Appreciation
8.30%
Original Mortgage
$300,000
Outstanding Balance
$265,259
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$521,577

Purchase Details

Listed on
Feb 5, 2016
Closed on
Mar 7, 2016
Sold by
Merson James
Bought by
Decker Jesse and Bangs Erin
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Elaine Stewart
RE/MAX Consultants
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$391,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2006
Sold by
Merson James L
Bought by
Merson James

Purchase Details

Closed on
Jun 25, 2004
Sold by
Merson James L
Bought by
Merson James L
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
Christianian Raffi Kaloust -- Ticor Title Company
Christianian Raffi Kaloust $509,000 Ticor Title Riverside
Decker Jesse $435,000 Lawyers Title
Merson James -- None Available
Merson James L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christianian Raffi Kaloust $300,000
Previous Owner Decker Jesse $391,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2020 04/23/20 Sold $509,000 -5.7% $172 / Sq Ft
03/20/2020 03/20/20 Price Changed $539,900 -3.6% $183 / Sq Ft
02/28/2020 02/28/20 For Sale $559,900 +28.7% $190 / Sq Ft
04/06/2016 04/06/16 Sold $435,000 -3.3% $147 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $450,000 -- $152 / 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 $7,411 $556,662 $54,681 $501,981
2023 $7,411 $535,048 $52,558 $482,490
2022 $7,007 $524,558 $51,528 $473,030
2021 $6,854 $514,273 $50,518 $463,755
2020 $6,270 $470,855 $117,712 $353,143
2019 $6,154 $461,623 $115,404 $346,219
2018 $6,041 $452,573 $113,143 $339,430
2017 $5,937 $443,700 $110,925 $332,775
2016 $4,455 $322,491 $80,832 $241,659
2015 $4,373 $317,649 $79,619 $238,030
2014 $4,162 $311,428 $78,060 $233,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219039874

California Desert Association of REALTORS®

APN: 626-250-003