NOT LISTED FOR SALE

Estimated Value: $275,000 - $432,000

2 Beds
2 Baths
1,628 Sq Ft
2,614 Sq Ft Lot

Last Sold September 30, 2016

Last sale price $200,000 $123 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,034/month

54 Days on Market

About This Home

As of September 2016

Mid-Century Modern (Donald Wexler Designed) condo built in 1961. Extensively updated (Nearly $50,000 spent in recent upgrades) Light, bright and open with breathtaking golf course and mountain views. Condo is situated overlooking the 1st tee box, and the 18th hole. One of the BEST golf course locations in BDCC. Excellent vacation rental income potential. Sold turnkey furnished (w/ personal exclusions per inventory). The kitchen has been updated, w/ custom cabinetry w/new stainless steel appliances w/ beverage & wine bar, has new remote controlled blinds, and new plantation shutters w/ double pane windows, true to the period mid-century furnishings, including high end Minka ceiling fans and lights. A new thick insulated membrane roof was installed 12/15 (w/ 10 year warranty), newer AC unit, new shower unit in master bath. Golf cart garage was converted to a proper laundry room with a newer Samsung washer & dryer, new water heater. On IID for super low electric bills! MAKE AN OFFER!

Last Agent to Sell the Property

John Reagan

Beverly Hills Fine Homes License #01817611 Listed on: 07/01/2016

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Year Built

1961

Lot Details

0

Listing Details

  • Active Date: 2016-07-01
  • Full Bathroom: 2
  • Building Size: 1628.0
  • Building Structure Style: Mid Century
  • Driving Directions: ENTER AT MAIN GUARD GATE ON 42ND, FOLLOW TO ADAMS ABOUT 1/4 MILE FROM ENTRANCE.
  • Full Street Address: 42439 ADAMS ST
  • Lot Location: On Golf Course
  • Number Of Remote Controls: 1
  • Pool Descriptions: Community Pool
  • Primary Object Modification Timestamp: 2016-09-30
  • Unit Floor In Building: 1
  • Total Number of Units: 26
  • View Type: Golf Course View, Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Appliances: Range
  • Advertising Remarks: Mid-Century Modern (Donald Wexler Designed) condo built in 1961. Extensively updated (Nearly $50,000 spent in recent upgrades) Light, bright and open with breathtaking golf course and mountain views. Condo is situated overlooking the 1st tee box, and the
  • Total Bedrooms: 2
  • Builders Tract Code: 400
  • Builders Tract Name: BDCC COLONIAL
  • Fireplace: Yes
  • Levels: One Level
  • Playing Courts: Community, Tennis Court Private
  • Interior Amenities: Furnished
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry Area, Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 2614
  • Common Walls: Attached
  • Community Features: Golf Course within Development
  • Water: District/Public

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Assigned, Garage - Single Door

Utilities

  • Sewer: Septic Tank
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating Type: Central Furnace
  • Security: Gated Community with Guard

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Fitness Center, Gated Community Guard, Golf, Tennis Courts
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Cable TV, On Site Security
  • Association Rules: PetsPermitted
  • Association Name: BERMUDA DUNES COUNTRY CLUB (COLONIAL)
  • HOA Fees: 473.0
  • HOA Fees: 151.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2016
Closed on
Sep 12, 2016
Sold by
Vavan Petar and Vavan Karen E
Bought by
Scanlon Dale S and Scanlon Hugh H
Seller's Agent
John Reagan
Beverly Hills Fine Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%
Current Estimated Value
$342,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,155
Avg. Annual Appreciation
6.46%
Original Mortgage
$160,000
Outstanding Balance
$73,980
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$282,288

Purchase Details

Closed on
Mar 28, 2011
Sold by
Reed Thomas K and Reed Donna
Bought by
Vavan Petar and Vavan Karen E

Purchase Details

Closed on
Apr 18, 2002
Sold by
Reed Donna
Bought by
Reed Donna

Purchase Details

Closed on
Jan 23, 2002
Sold by
Reed Thomas K
Bought by
Reed Thomas K and Reed Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2000
Sold by
Reed Peggy E
Bought by
Reed Thomas K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Scanlon Dale S $200,000 Chicago Title
Vavan Petar $142,500 Equity Title
Reed Donna -- --
Reed Thomas K -- Orange Coast Title
Reed Thomas K -- Orange Coast Title
Reed Thomas K $155,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scanlon Dale S $160,000
Previous Owner Reed Thomas K $127,500
Previous Owner Reed Thomas K $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $200,000 -9.0% $123 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $219,900 -- $135 / Sq Ft
Source: The MLS

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 $2,812 $232,111 $81,235 $150,876
2023 $2,812 $223,100 $78,082 $145,018
2022 $2,704 $218,726 $76,551 $142,175
2021 $2,651 $214,438 $75,050 $139,388
2020 $2,601 $212,240 $74,281 $137,959
2019 $2,551 $208,079 $72,825 $135,254
2018 $2,501 $204,000 $71,400 $132,600
2017 $2,449 $200,000 $70,000 $130,000
2016 $1,883 $154,215 $37,877 $116,338
2015 $1,890 $151,901 $37,309 $114,592
2014 $1,858 $148,928 $36,579 $112,349
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-139684PS

The MLS

APN: 609-262-021