NOT LISTED FOR SALE

Estimated Value: $265,000 - $274,000

2 Beds
2 Baths
925 Sq Ft
$265/mo HOA Fee

Last Sold July 16, 2020

Last sale price $170,000 $184 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,902/month

167 Days on Market

Highlights

  • Fitness Center
  • Spa
  • Gated Community
  • Palm Desert High School Rated A
  • No Units Above
  • Golf Course View

About This Home

As of July 2020

Beautiful Palm Desert Condo For Sale. Located in the Highly Desirable Royal Palms Gated Community! 40900 Breezy Pass Road,
Unit D, Palm Desert CA 92211 is a single story condominium featuring 2 Bedrooms, 2 Bathrooms, with 925 square feet of living
space. It features an Open Floor Plan with Vaulted Cathedral Ceilings in Living Room. The kitchen includes a gas oven/stove, and
dishwasher. There is also a breakfast bar and plenty of storage. The Master Bedroom has a walk in closet with private en suite
bathroom and shower. There is also a Guest Bedroom and Guest Bathroom. Convenient Stackable Washer Dryer in the Hallway.
This home also includes a car port and an assigned parking space. The HOA includes 2 Sparkling Pools, Barbeque Area, and
Fitness Room.

Please Copy & paste the following 3D Tour link: https://youtu.be/bRPahcviYKo

Last Agent to Sell the Property

Suzan Valentin

Century 21 Masters License #01905146 Listed on: 01/02/2020

Century 21 Masters

Co-Listed By

Alex Valentine

Century 21 Masters License #01203114

Last Buyer's Agent

George Bustamante

Coldwell Banker Commercial License #01484265

Coldwell Banker Commercial

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 1985

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $265 Monthly HOA Fees

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Sliding Doors
  • Golf Course Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub with Shower

Home Security

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Spa
  • Exterior Lighting

Location

  • Property is near a clubhouse

Schools

  • Ronald Reagan Elementary School
  • Colonel Mitchell Middle School
  • Palm Desert High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 188023
  • Assessor Parcel Number 632081060

Community Details

Overview

  • 120 Units
  • Royal Palms Association, Phone Number (951) 354-5365
  • Cannon Management HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,653

Year Built

Built in 1985

Lot Details

0

HOA Fees

$265 per month

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Royal Palms Condos (32425)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 632081060
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 925.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 183.78
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom, Main Floor Master Bedroom
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • View: Golf Course
  • Fence: No
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms
  • Phone: 951-354-5365
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Cannon Management

Schools

  • School District: Desert Sands Unified
  • Elementary School: Ronald Reagan
  • Middle School: Colonel Mitchell
  • High School: Palm Desert
  • Elementary School: Ronald Reagan
  • High School: Palm Desert
  • Middle Or Junior School: Colonel Mitchell
  • Elementary School #2: RONREA
  • High School2: PALDES

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Close to Clubhouse
  • Lot Size Sq Ft: 870.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 870.0000 Square Feet
  • Number Of Units In Community: 120
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 449.27
  • Tax Lot: 1
  • Tax Tract Number: 188023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Jun 30, 2020
Sold by
Stambolian Aris V and The Aris Voskan Stambolian Tru
Bought by
5Mg Investment Group Inc
Seller's Agent
Suzan Valentin
Century 21 Masters
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$182,000
Sold Price
$170,000
Premium/Discount to List
-$12,000
-6.59%
Current Estimated Value
$268,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,128
Avg. Annual Appreciation
9.18%
Original Mortgage
$153,000
Outstanding Balance
$135,972
Interest Rate
3.1%
Mortgage Type
Seller Take Back
Estimated Equity
$132,156

Purchase Details

Closed on
Feb 27, 2010
Sold by
Stambolian Aris V
Bought by
Stambolian Aris

Purchase Details

Closed on
Feb 10, 2010
Sold by
Ritter Jacinthe
Bought by
Stambolian Aris

Purchase Details

Closed on
Mar 1, 2006
Sold by
Royal Palms Realty Llc
Bought by
Ritter Jacinthe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,800
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
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
5Mg Investment Group Inc $170,000 Ticor Title
Stambolian Aris -- Accommodation
Stambolian Aris $89,000 Orange Coast Title Co
Ritter Jacinthe $269,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5Mg Investment Group Inc $153,000
Previous Owner Ritter Jacinthe $53,800
Previous Owner Ritter Jacinthe $215,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $170,000 -6.8% $184 / Sq Ft
06/07/2020 06/07/20 Price Changed $182,500 +1.4% $197 / Sq Ft
01/21/2020 01/21/20 Price Changed $179,900 -1.2% $194 / Sq Ft
01/02/2020 01/02/20 For Sale $182,000 -- $197 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,653 $184,011 $54,121 $129,890
2023 $2,653 $176,868 $52,020 $124,848
2022 $2,512 $173,400 $51,000 $122,400
2021 $2,447 $170,000 $50,000 $120,000
2020 $1,637 $104,782 $31,432 $73,350
2019 $1,612 $102,728 $30,816 $71,912
2018 $1,588 $100,714 $30,212 $70,502
2017 $1,581 $98,740 $29,620 $69,120
2016 $1,570 $96,805 $29,040 $67,765
2015 $1,575 $95,353 $28,604 $66,749
2014 $1,554 $93,488 $28,045 $65,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG20000459

California Regional Multiple Listing Service (CRMLS)

APN: 632-081-060