NOT LISTED FOR SALE

42527 Sultan Ave Palm Desert, CA 92211

Estimated Value: $402,000 - $461,000

2 Beds
2 Baths
1,174 Sq Ft
3,049 Sq Ft Lot

Last Sold October 18, 2022

Last sale price $470,000 $400 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,515/month

32 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • In Ground Pool
  • Palm Desert High School Rated A
  • Fitness Center
  • Gated Community

About This Home

As of October 2022

Turnkey rental with income in place for Season! 2 Bedrooms/2 Baths , highly upgraded with desired West Facing views over water for evening sunsets. Enclosed east facing privated courtyard entry (this is where you want your morning coffee!). Spacious open living area with wet bar, fireplace and serene water views. Kitchen is highly upgraded with high end cabinetry, granite counters and stainless appliances. Open concept with Travertine floors throughout with sculpted carpet in bedrooms. Bathrooms are upgraded. Covered patio overlooking water and fountain. You own the Club at Oasis with Guard Gated access, Clubhouse, fitness center , tennis, pickleball, meeting room , 18 Pools and Spas. Exterior maintenance inlcuding bulding , roof and exterior pest control and trash. There is a $720 year mandatory Food and Beverage min. , however you will have no trouble spending that either at the Casual Grill or Fine Dining Room. Close proximity to new Arena, shopping and dining.

Last Agent to Sell the Property

Marnie Balog

Compass License #01719746 Listed on: 09/15/2022

Compass

Co-Listed By

Doug Balog

Compass License #01197951

Last Buyer's Agent

Gina Lebsock

HomeSmart Realty Group License #01400129

HomeSmart Realty Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • Home has East and West Exposure

HOA Fees

  • $719 Monthly HOA Fees

Property Views

  • Pond
  • Golf Course
  • Mountain

Home Design

  • Turnkey

Interior Spaces

  • 1,174 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Gas Fireplace
  • Living Room with Fireplace
  • L-Shaped Dining Room

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 634110013

Community Details

Overview

  • Association fees include building & grounds, trash, insurance, earthquake insurance, cable TV, clubhouse
  • Oasis Country Club Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt

Amenities

  • Clubhouse
  • Meeting Room
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

3,049 Sq Ft Lot

HOA Fees

$719 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces East, Leisure Faces West
  • Levels: Ground
  • Building Number Of Stories: 1
  • Entry Location: Living Room
  • Included In Sale: Turnkey furnished
  • List Price per Sq Ft: 400.26
  • Lp Sp Ratio: 1.0000
  • View Type: Golf Course, Pond, Mountain(s)
  • Year Built: 1985
  • Co Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219084612
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Member Fax: (760) 275-2349
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 3960 N. Studebaker Road, #106, Long Beach, CA 90808
  • Land Type: Fee
  • Subdivision: Oasis Country Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Microwave Oven, Washer, Refrigerator, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Bar, Open Floorplan
  • Fireplace Features: Gas
  • Flooring: Carpet, Travertine
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom
  • Total Bedrooms: 2
  • Bathroom Features: Shower & Tub, Shower Stall
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Ell, Living/Dining Combo, Kitchen Island
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Garage
  • Estimated Sq Ft: 1174.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox, Pickle Ball Courts, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Insurance, Earthquake Insurance, Cable TV, Clubhouse
  • Association Amenities: Clubhouse, Tennis Courts, Sport Court, Paddle Tennis, Pet Rules, Management, Meeting Room, Maintenance Grounds, Lake or Pond, Greenbelt/Park, Golf Course, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 719.00
  • Total Monthly Association Fees: 719.00

Lot Info

  • Assessor Parcel Number: 634110013
  • Lot Location: Lake Front
  • Lot Size: 3049.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 14, 2022
Sold by
Deruyter Michael W and Deruyter Blanca E
Bought by
Gordon Stuart
Seller's Agent
Marnie Balog
Compass
Buyer's Agent
Gina Lebsock
HomeSmart Realty Group
List Price
$469,900
Sold Price
$470,000
Premium/Discount to List
$100
0.02%
Views
2
Current Estimated Value
$436,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,909
Avg. Annual Appreciation
-2.17%
Original Mortgage
$376,000
Outstanding Balance
$360,843
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$75,248

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 20, 2020
Sold by
Sawasy Elyse Michelle and The Elyse Michelle Sawasy Decl
Bought by
Deruyter Michael W and Deruyter Blanca E
Seller's Agent
Bill Lempke
Rosenthal & Associates
Buyer's Agent
P.R. Roll
Desert Sands Realty
List Price
$355,000
Sold Price
$337,000
Premium/Discount to List
-$18,000
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%
Original Mortgage
$269,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Sawasy Elyse M
Bought by
Sawasy Elyse Michelle and Elyse Michelle Sawasy Declaration Of Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Harris Melvyn L and Harris Toni A
Bought by
Sawasy Elyse M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Harris Melvin L and Harris Toni A
Bought by
Harris Melvin L and Harris Toni A
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gordon Stuart $470,000 Fidelity National Title
Deruyter Michael W $337,000 Equity Title Company
Sawasy Elyse Michelle -- First American Title Company
Sawasy Elyse Michelle -- First American Title Co Rive
Sawasy Elyse M $270,000 First American Title Co
Harris Melvin L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Stuart $376,000
Previous Owner Deruyter Michael W $269,600
Previous Owner Sawasy Elyse M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2022 10/18/22 Sold $470,000 0.0% $400 / Sq Ft
09/15/2022 09/15/22 For Sale $469,900 +39.4% $400 / Sq Ft
12/09/2020 12/09/20 Sold $337,000 -5.1% $287 / Sq Ft View Prior Sale
11/03/2020 11/03/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $355,000 -- $302 / Sq Ft
Source: California Desert Association of REALTORS®

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 $6,323 $488,988 $36,414 $452,574
2023 $6,323 $470,000 $35,000 $435,000
2022 $4,605 $343,740 $91,698 $252,042
2021 $4,500 $337,000 $89,900 $247,100
2020 $3,798 $289,224 $77,126 $212,098
2019 $3,696 $280,800 $74,880 $205,920
2018 $3,565 $270,000 $72,000 $198,000
2017 $3,482 $262,000 $70,000 $192,000
2016 $3,374 $253,000 $68,000 $185,000
2015 $3,492 $258,000 $69,000 $189,000
2014 $3,500 $258,000 $69,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219084612

California Desert Association of REALTORS®

APN: 634-110-013

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