NOT LISTED FOR SALE

45330 Driftwood Dr Palm Desert, CA 92260

Estimated Value: $368,918 - $389,000

2 Beds
2 Baths
1,550 Sq Ft
$450/mo HOA Fee

Last Sold December 29, 2017

Last sale price $176,700 $114 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,753/month

Highlights

  • Guest House
  • In Ground Pool
  • Carpet
  • Palm Desert High School Rated A
  • 2 Car Attached Garage

About This Home

As of December 2017

This spacious 2 bedroom condo in South Palm Desert is one of the best kept secrets in the valley. Spacious home offers 1550 square feet of living space. Master bedroom is large with small balcony. Second bedroom is located on upper level with views of mtns and greenbelt. 2 car direct access garage. Mountain Villas is a gated community of 56 homes. 3 pools, tennis and clubhouse. Close to shopping, restaurants and so much more.

Last Agent to Sell the Property

Angela Maciel-Gibbons

BPO Homes License #01735647 Listed on: 11/20/2017

Last Buyer's Agent

Steven Stefani

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1979

Lot Details

  • 1,742

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Homes

  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 625430035

Community Details

Overview

  • Mountain Villas Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,866

Year Built

Built in 1979

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Two
  • Builders Tract Code: Mountain Villas
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 115.48
  • Lp Sp Ratio: 0.9872
  • Year Built: 1979
  • Listing I D: 217032240
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-9510
  • Land Type: Fee
  • Subdivision: Mountain Villas
  • Special Features: None

Interior Features

  • Appliances: Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Flooring: Carpet
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1550.00

Exterior Features

  • Other Structures: Guest House/Casita
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 450.00
  • Total Monthly Association Fees: 450.00

Lot Info

  • Assessor Parcel Number: 625430035
  • Lot Acres: 0.0400
  • Lot Size: 1742.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Vernon Michael J and Vernon Pauline O
Bought by
Vernon Revocable Living Trust and Vernon
Current Estimated Value
$378,752

Purchase Details

Listed on
Nov 20, 2017
Closed on
Nov 21, 2017
Sold by
Rose Lisa Michelle
Bought by
Vernon Michael J and Vernon Pauline O
Seller's Agent
Angela Maciel-Gibbons
BPO Homes
Buyer's Agent
Steven Stefani
Keller Williams Realty
List Price
$179,000
Sold Price
$176,700
Premium/Discount to List
-$2,300
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.50%
Original Mortgage
$141,360
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2008
Sold by
Moon Michael A
Bought by
Rose Lisa Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1996
Sold by
Bonta Harold R
Bought by
Moon Michael A

Purchase Details

Closed on
May 11, 1994
Sold by
Great Western Bank
Bought by
Bonta Harold and Moon Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,791
Interest Rate
8.83%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
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
Vernon Revocable Living Trust -- None Listed On Document
Vernon Michael J $177,000 Fidelity National Title
Rose Lisa Michelle $167,000 Stewart Title Of California
Moon Michael A -- --
Bonta Harold $95,000 Chicago Title Company
Great Western Bank Fsb $70,689 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vernon Michael J $141,360
Previous Owner Rose Lisa Michelle $133,600
Previous Owner Moon Michael A $10,000
Previous Owner Moon Michael A $88,000
Previous Owner Bonta Harold $92,791
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $176,700 -1.3% $114 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $179,000 -- $115 / 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 $2,866 $201,048 $50,260 $150,788
2023 $2,866 $193,243 $48,309 $144,934
2022 $2,716 $189,455 $47,362 $142,093
2021 $2,648 $185,741 $46,434 $139,307
2020 $2,604 $183,837 $45,958 $137,879
2019 $2,560 $180,233 $45,057 $135,176
2018 $2,517 $176,700 $44,175 $132,525
2017 $2,617 $185,288 $74,336 $110,952
2016 $2,560 $181,656 $72,879 $108,777
2015 $2,397 $165,000 $66,000 $99,000
2014 $2,303 $157,000 $63,000 $94,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217032240

California Desert Association of REALTORS®

APN: 625-430-035