$237,000
SOLD DEC 29, 2014

43120 Rutledge Way Palm Desert, CA 92260

3 Beds
2 Baths
1,506 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

12% Below List Price

32 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Spanish Architecture
  • Palm Desert High School Rated A
  • Property is near a park
  • 4-minute walk to Magnesia Falls City Park

About This Home

As of May 2015

Tremendous opportunity for the investor, or buyer with vision! This home is a diamond in the rough! With some TLC it will be a beauty with huge upside potential. Large lot, with panoramic views. Convenient, central PD location close to parks and schools. Trust sale and sold in As Is condition. Hurry! Don't let this one get away!

Last Agent to Sell the Property

Kimberly Rogers

Bennion Deville Homes License #01355527 Listed on: 11/24/2014

Last Buyer's Agent

Debbie Sander

Coldwell Banker Residential Brokerage License #00944011

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • West Facing Home
  • Split Rail Fence
  • Block Wall Fence
  • Sprinkler System

Property Views

  • Panoramic
  • Mountain
  • Park or Greenbelt

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,506 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Carpet
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Location

  • Property is near a park

Schools

  • Abraham Lincoln Elementary School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 624172034

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,475

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Builders Tract Code: NA322
  • Building Style: Spanish
  • Entry Location: Living Room
  • List Price per Sq Ft: 178.62
  • Lp Sp Ratio: 0.8810
  • View Type: Mountain(s), Panoramic, Park/Green Belt
  • Water District Name: Coachella Valley
  • Year Built: 1979
  • Listing I D: 214086911
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Office Address: 73-993 Highway 111, Palm Desert, CA 92260
  • Selling Office Fax: (760) 773-4975
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None

Interior Features

  • Appliances: Disposal
  • Flooring: Carpet, Mixed
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1506.00

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block, Split Rail
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Unknown
  • Pool Construction: In Ground
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, 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
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 624172034
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2000
  • Lot Description: Curbs, Utilities Underground, Street Lighting
  • Lot Location: Park Nearby
  • Lot Size: 8712.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • Elementary School: Abraham Lincoln
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Michael Joseph Bimmer Living Trust
Bought by
Bimmer Michael J and Hwong Joshua M
Current Estimated Value
$550,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$287,991
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$281,331

Purchase Details

Closed on
Oct 7, 2015
Sold by
Bimmer Michael J
Bought by
Bimmer Michael Joseph

Purchase Details

Listed on
Mar 23, 2015
Closed on
Apr 29, 2015
Sold by
Liu Hong
Bought by
Bimmer Michael J
Seller's Agent
Debbie Sander
Bennion Deville Homes
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$359,000
Sold Price
$335,000
Premium/Discount to List
-$24,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$268,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2014
Closed on
Dec 16, 2014
Sold by
Halvorsen Dwight S
Bought by
Liu Hong
Seller's Agent
Kimberly Rogers
Bennion Deville Homes
Buyer's Agent
Debbie Sander
Coldwell Banker Residential Brokerage
List Price
$269,000
Sold Price
$237,000
Premium/Discount to List
-$32,000
-11.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
148.61%

Purchase Details

Closed on
Apr 8, 2002
Sold by
The Estate Of Gwen Whitman
Bought by
Speno Eugene A

Purchase Details

Closed on
Apr 23, 1997
Sold by
Hud
Bought by
Whitman Gwen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1996
Sold by
Midland Mtg Co
Bought by
Hud

Purchase Details

Closed on
Aug 27, 1996
Sold by
Kirby Cude and Cude Jacquelyn J
Bought by
Midland Mtg Co
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 Type Sale Price Title Company
Grant Deed -- Ticor Title
Interfamily Deed Transfer -- None Available
Grant Deed $335,000 Fidelity Natl Title Ins Co
Grant Deed $237,000 Stewart Title Of Ca Inc
Grant Deed $170,000 Fidelity National Title Ins
Grant Deed $100,000 United Title
Corporate Deed -- United Title Company
Trustee Deed $112,365 United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Previous Owner $268,000 New Conventional
Previous Owner $80,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $335,000 -6.7% $222 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $359,000 +51.5% $238 / Sq Ft
12/29/2014 12/29/14 Sold $237,000 -11.9% $157 / Sq Ft
12/26/2014 12/26/14 Pending -- -- --
11/24/2014 11/24/14 For Sale $269,000 -- $179 / 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 $4,475 $507,981 $124,865 $383,116
2023 $4,475 $304,137 $120,017 $184,120
2022 $4,182 $298,174 $117,665 $180,509
2021 $4,064 $292,328 $115,358 $176,970
2020 $3,995 $289,332 $114,176 $175,156
2019 $3,922 $283,660 $111,938 $171,722
2018 $3,850 $278,099 $109,744 $168,355
2017 $3,771 $272,647 $107,593 $165,054
2016 $3,680 $267,302 $105,484 $161,818
2015 $3,502 $241,944 $61,200 $180,744
2014 -- $204,856 $51,210 $153,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 214086911

California Desert Association of REALTORS®

APN: 624-172-034