NOT LISTED FOR SALE

Estimated Value: $1,101,000 - $1,754,000

3 Beds
4 Baths
3,385 Sq Ft
$420/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $740,000 $219 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $8,791/month

About This Home

Location, location, location!! Stunning home located in a very private gated community of only 9 homes. This 3 bedroom + den, 3.5 bathroom Tuscan style home has much to offer, features include; gourmet style kitchen with center island, slab granite, double oven and stainless steel appliances, vaulted ceilings, plantation shutters, spacious master suite with large walk-in closet, master bathroom features duel sinks, spa tub and separate shower. The list goes on...the backyard is paradise and features a large pool with a swim step, spill over spa, rock waterfall, gas fire pit and is beautifully landscaped with over 40 palm trees and a covered patio. The house is equipped with solar panels. Come and see for yourself this fine home located in South Palm Desert, close to some of the best dining, shopping and schools the entire valley has to offer. I can promise...you will not be disappointed.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2012
Closed on
Apr 24, 2012
Sold by
Wallis Joel T and Wallis Aurora J
Bought by
Oberto Laura A and Mcelhoe Michael
Seller's Agent
Marnie Balog
Buyer's Agent
Roy Rigsby
List Price
$788,000
Sold Price
$740,000
Premium/Discount to List
-$48,000
-6.09%
Current Estimated Value
$1,420,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,559
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Feb 17, 2008
Sold by
Lowry Lane
Bought by
Wallis Joel T and Wallis Aurora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
The Cypress Estates Llc
Bought by
Lowry Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Oberto Laura A $740,000 Orange Coast Title Co
Wallis Joel T $965,000 Fidelity National Title Co
Lowry Lane $812,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wallis Joel T $715,000
Previous Owner Lowry Lane $649,600
Closed Lowry Lane $81,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2012 06/14/12 Sold $740,000 -6.1% $219 / Sq Ft View Prior Sale
05/18/2012 05/18/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $788,000 -- $233 / Sq Ft

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 $14,644 $929,470 $278,837 $650,633
2023 $14,644 $893,379 $268,010 $625,369
2022 $14,070 $875,862 $262,755 $613,107
2021 $13,832 $858,689 $257,603 $601,086
2020 $13,630 $849,885 $254,962 $594,923
2019 $13,425 $833,221 $249,963 $583,258
2018 $13,226 $816,884 $245,063 $571,821
2017 $13,014 $800,867 $240,258 $560,609
2016 $12,764 $785,165 $235,548 $549,617
2015 $12,793 $773,373 $232,011 $541,362
2014 $12,512 $758,225 $227,467 $530,758
Source: Public Records

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