NOT LISTED FOR SALE

45314 Driftwood Dr Palm Desert, CA 92260

Estimated Value: $366,834 - $508,000

2 Beds
2 Baths
1,457 Sq Ft
$425/mo HOA Fee

Last Sold April 26, 2012

Last sale price $118,000 $81 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $2,820/month

102 Days on Market

Highlights

  • Outdoor Pool
  • Gated Community
  • Tennis Courts
  • Palm Desert High School Rated A
  • Clubhouse
  • Attached Garage

About This Home

As of April 2012

Seasonal lease! Look at the luxury! 2 bedroom 2 full bath! Mountain view outside the huge master bedroom! Large vanity in bathroom to enjoy your vacation time in the desert! Close to El Paseo and major shopping! Can't get a better south Palm Desert Location! Enjoy the pool and tennis courts!

Last Agent to Sell the Property

Mike Duncan

License #01276361 Listed on: 12/22/2011

Last Buyer's Agent

Lonnie Montemayor

Bennion Deville Homes License #01218395

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 1979

Lot Details

  • 1,742

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,457 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Spa

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 625430042

Community Details

Overview

  • Association fees include clubhouse
  • Mountain Villas Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,146

Year Built

Built in 1979

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Two
  • Builders Tract Code: Mountain Villas
  • List Price per Sq Ft: 85.72
  • Lp Sp Ratio: 0.9448
  • Water District Name: CVWD
  • Year Built: 1979
  • Listing I D: 21444150
  • Listing Member Address: P.O. Box 389, La Quinta, CA 92247
  • Listing Member Fax: (760) 564-0369
  • Listing Office Address: 78060 Calle Estado Suite 11, La Quinta, CA 92253
  • Listing Office Fax: (760) 564-0369
  • Selling Office Address: 1081 N. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 325-4578
  • Land Type: Fee
  • Subdivision: Mountain Villas
  • Special Features: None

Interior Features

  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Laundry: In Garage
  • Estimated Sq Ft: 1457.00

Exterior Features

  • Other Features: Slab
  • Roofing: Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse
  • Association Amenities: Clubhouse, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • Total Monthly Association Fees: 425.00

Lot Info

  • Assessor Parcel Number: 625430042
  • Lot Acres: 0.0400
  • Lot Size: 1742.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2011
Closed on
Apr 16, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Luciano Laura
Seller's Agent
Mike Duncan
Buyer's Agent
Lonnie Montemayor
Bennion Deville Homes
List Price
$132,000
Sold Price
$118,000
Premium/Discount to List
-$14,000
-10.61%
Current Estimated Value
$406,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,709
Avg. Annual Appreciation
9.74%
Original Mortgage
$106,200
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 14, 2011
Sold by
Katz Leslie R
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 10, 2004
Sold by
Miller Thomas B
Bought by
Miller Thomas B and Keating Kathryn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Way Gabriel N and Way Elizabeth G
Bought by
Katz Leslie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2000
Sold by
Bond Vivien E
Bought by
Way Gabriel N and Way Elizabeth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
8.67%
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
Luciano Laura $118,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation -- Accommodation
Jpmorgan Chase Bank National Association $97,083 Accommodation
Miller Thomas B -- Southland Title
Katz Leslie R $250,000 Southland Title
Way Gabriel N $108,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luciano Laura $540,000
Closed Luciano Laura $540,000
Closed Luciano Laura $106,200
Previous Owner Katz Leslie R $200,000
Previous Owner Way Gabriel N $102,600
Closed Katz Leslie R $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2013 01/01/13 Rented $2,400 -7.7% --
01/01/2013 01/01/13 Under Contract -- -- --
10/18/2012 10/18/12 For Rent $2,600 0.0% --
04/26/2012 04/26/12 Sold $118,000 -5.5% $81 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
01/24/2012 01/24/12 Price Changed $124,900 -5.4% $86 / Sq Ft
12/22/2011 12/22/11 For Sale $132,000 -- $91 / 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 $2,146 $148,201 $43,956 $104,245
2023 $2,146 $142,448 $42,250 $100,198
2022 $2,021 $139,656 $41,422 $98,234
2021 $1,964 $136,918 $40,610 $96,308
2020 $1,933 $135,515 $40,194 $95,321
2019 $1,900 $132,858 $39,406 $93,452
2018 $1,868 $130,254 $38,634 $91,620
2017 $1,834 $127,701 $37,877 $89,824
2016 $1,795 $125,198 $37,135 $88,063
2015 $1,798 $123,320 $36,578 $86,742
2014 $1,772 $120,906 $35,862 $85,044
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lonnie Montemayor

    Keller Williams Luxury Homes

  • M

    Seller's Agent in 2012

    Mike Duncan

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21444150

California Desert Association of REALTORS®

APN: 625-430-042

California Riverside County Palm Desert 92260

45314 Driftwood Dr, Palm Desert, CA

This home is located at 45314 Driftwood Dr, Palm Desert, CA 92260 since 22 December 2011 and is currently estimated at $406,709, approximately $279 per square foot. This property was built in 1979. 45314 Driftwood Dr is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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