NOT LISTED FOR SALE

4005 Via Fragante Unit 3 Palm Desert, CA 92260

Estimated Value: $591,000 - $653,000

3 Beds
2 Baths
1,915 Sq Ft
1,873 Sq Ft Lot

Last Sold April 15, 2019

Last sale price $430,000 $225 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,025/month

49 Days on Market

About This Home

As of April 2019

Villa Portofino, one of the desert's premier 55 or better community, provides resort-style living in the heart of Palm Desert. This three bedroom, two bath, 1,915 square foot unit has an enclosed courtyard and feels like a single family home, but without all of the maintenance. The great room offers high ceilings and an extra large living space. The large kitchen is equipped with an abundance of counter space (granite) and storage, along with stainless steal appliances, a full back-splash, plus a desk area. This highly upgraded unit includes flooring, walk in bathtub in the guest bath, a separate soaking tub in the master bathroom, solar panels by Tesla, a tankless water heater, separate AC unit for the garage, washer and dryer, and more. The amazing clubhouse amenities include a bistro, movie theater, gym, pool, spa, concierge, billiards, library, bar, social activities, and more! Tenant must be 55 or older and sign a one-year lease. Property is unfurnished. Small dog considered.

Last Agent to Sell the Property

Christian Cocca

Socalhomeshop Inc. License #01311179 Listed on: 01/10/2019

Socalhomeshop Inc.

Last Buyer's Agent

Thomas Lister-Looker

Bennion Deville Home Referrals License #01920611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Mar 7, 2019
Sold by
Alvida Fottrell Trust
Bought by
Lehrman Kenneth and Lehrman Joanne
Seller's Agent
Christian Cocca
Socalhomeshop Inc.
Buyer's Agent
Thomas Lister-Looker
Bennion Deville Home Referrals
List Price
$439,000
Sold Price
$430,000
Premium/Discount to List
-$9,000
-2.05%
Current Estimated Value
$629,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,738
Avg. Annual Appreciation
6.93%
Original Mortgage
$322,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2017
Sold by
Fottrell Alvida
Bought by
Fottrell Alvida

Purchase Details

Closed on
Oct 15, 2015
Sold by
Rcs Villa Portofino 211 Llc
Bought by
Fottrell Alvida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
3.86%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Lehrman Kenneth $430,000 Lawyers Title Company
Fottrell Alvida -- None Available
Fottrell Alvida $435,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lehrman Kenneth $317,000
Closed Lehrman Kenneth $322,500
Previous Owner Fottrell Alvida $275,000
Previous Owner Fottrell Alvida $430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2019 06/01/19 Rented $2,400 0.0% --
05/16/2019 05/16/19 Under Contract -- -- --
05/06/2019 05/06/19 For Rent $2,400 0.0% --
04/15/2019 04/15/19 Sold $430,000 -2.1% $225 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $439,000 -- $229 / Sq Ft
Source: Palm Springs Regional 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
2023 $6,201 $461,044 $80,413 $380,631
2022 $5,921 $452,005 $78,837 $373,168
2021 $5,790 $443,143 $77,292 $365,851
2020 $5,685 $438,600 $76,500 $362,100
2019 $5,875 $461,171 $137,957 $323,214
2018 $5,766 $452,129 $135,252 $316,877
2017 $5,651 $443,264 $132,600 $310,664
2016 $5,240 $434,573 $130,000 $304,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-433050PS

APN: 622-371-003