NOT LISTED FOR SALE

507 Desert Falls Dr N Palm Desert, CA 92211

Desert Falls Neighborhood

Estimated Value: $508,000 - $621,093

3 Beds
3 Baths
2,236 Sq Ft
$568/mo HOA Fee

Last Sold July 14, 2020

Last sale price $360,000 $161 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,092/month

58 Days on Market

Highlights

  • On Golf Course
  • Fitness Center
  • Primary Bedroom Suite
  • James Earl Carter Elementary School Rated A-
  • In Ground Pool
  • Panoramic View

About This Home

As of July 2020

South-Facing 3 Bedroom Condo! South panoramic views of the 15th green, 2 fairways and mountains from this furnished 3 bedroom/3 bathroom condo! Located in Desert Falls CC, a guard-gated community in the heart of Palm Desert. The 2-story ceilings on the main floor fill this property with lots of light! The living room with fireplace and dining room open out on to the patio, just off the golf course with those great views. Kitchen features granite island and breakfast nook...also opens to the patio and is great for entertaining! Guest room on the main floor includes a walkin closet. The adjoining guest bathroom can also serve as a powder room. The 2nd floor landing is a great area for your den or family room...perfect for TV, reading & relaxing! Bright and light, the master suite offers sweeping south views from the private balcony. Master en suite bathroom features dual vanities with sinks, shower and separate tub. Upstairs guest room offers great mountain views and ensuite bathroom. 2-car attached garage is just off the front courtyard.

Last Agent to Sell the Property

Terri Munselle

Compass License #01260226 Listed on: 05/06/2020

Last Buyer's Agent

Michelle Gareis

Showcase Homes, Inc. License #01761484

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,356

Year Built

  • Built in 1989

Lot Details

  • On Golf Course
  • Southwest Facing Home
  • Block Wall Fence
  • Stucco Fence
  • Sprinkler System
  • Front Yard

HOA Fees

  • $568 Monthly HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Split Level Home
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 2,236 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Shutters
  • Blinds
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Dining Area
  • Den

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 626291032

Community Details

Overview

  • Association fees include building & grounds, cable TV, clubhouse, earthquake insurance, security, trash
  • 1,086 Units
  • Desert Falls Country Club Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,356

Year Built

Built in 1989

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces South, Leisure Faces West
  • Levels: Two
  • Building Number Of Stories: 1
  • Entry Floor: 1
  • Entry Location: Foyer, Ground Level - No Steps
  • Included In Sale: Offered furnished per inventory
  • List Price per Sq Ft: 169.50
  • Lp Sp Ratio: 0.9500
  • Unit Total In Complex: 1086
  • View Type: Golf Course, Mountain(s), Panoramic
  • Water District Name: CVWD
  • Year Built: 1989
  • Listing I D: 219042586
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Post Direction: N
  • Selling Member Address: 1111 Desert Falls Parkway, Palm Desert, CA 92211
  • Selling Office Address: 1111 Desert Falls Parkway, Palm Desert, CA 92211
  • Selling Office Fax: (760) 568-6802
  • Land Type: Fee
  • Subdivision: Desert Falls Country Club
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Microwave Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Two Story Ceilings
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower & Tub
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Corian Counters, Granite Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 2236.00
  • Windows Treatments: Blinds, Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block, Stucco Wall
  • Foundation: Slab
  • Patio: Concrete Slab, Covered
  • 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: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Central, Fireplace(s), Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: 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, Cable TV, Clubhouse, Earthquake Insurance, Security, Trash
  • Association Amenities: Clubhouse, Controlled Access, Fitness Center, Golf Course, Management, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 568.00
  • Total Monthly Association Fees: 568.00
  • Unit Location: Split Level

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 626291032
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0699
  • Lot Description: Front Yard
  • Lot Location: On Golf Course
  • Lot Size: 3049.00

Rental Info

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

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Kennison Robert D and Kennison Reisha S
Bought by
507 Desert Falls Drive North Realty Trust and Kennison
Current Estimated Value
$557,379

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 17, 2020
Sold by
Dernbach Robert E and Dernbach Carolyn A
Bought by
Kennison Robert D and Kennison Reisha S
Seller's Agent
Terri Munselle
Compass
Buyer's Agent
Michelle Gareis
Showcase Homes, Inc.
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Dernbach George E and Dernbach Carol P
Bought by
Dernbach George E and Dernbach Carol P

Purchase Details

Closed on
Nov 16, 2000
Sold by
Russo John L and Russo Ramona S
Bought by
Dernbach George E and Dernbach Carol P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
507 Desert Falls Drive North Realty Trust -- None Listed On Document
Kennison Robert D $360,000 Fidelity National Title
Dernbach George E -- --
Dernbach George E $319,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennison Robert D $270,000
Previous Owner Dernbach Carol P $156,350
Previous Owner Dernbach George Edward $194,581
Previous Owner Dernbach George E $231,497
Previous Owner Dernbach George E $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Sold $360,000 -5.0% $161 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $379,000 -- $169 / 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 $5,356 $389,674 $56,827 $332,847
2023 $5,356 $374,544 $54,621 $319,923
2022 $5,034 $367,200 $53,550 $313,650
2021 $4,901 $360,000 $52,500 $307,500
2020 $5,659 $432,764 $109,262 $323,502
2019 $5,504 $420,160 $106,080 $314,080
2018 $5,307 $404,000 $102,000 $302,000
2017 $5,091 $387,000 $98,000 $289,000
2016 $5,240 $402,000 $101,000 $301,000
2015 $5,093 $383,000 $96,000 $287,000
2014 $4,976 $381,000 $96,000 $285,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terri Munselle

    Compass

  • M

    Buyer's Agent in 2020

    Michelle Gareis

    Showcase Homes, Inc.

    (760) 391-2603

    49 in this area

    81 Total Sales

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219042586

California Desert Association of REALTORS®

APN: 626-291-032

California Riverside County Palm Desert 92211 Desert Falls

507 Desert Falls Dr N, Palm Desert, CA

This home is located at 507 Desert Falls Dr N, Palm Desert, CA 92211 since 06 May 2020 and is currently estimated at $557,773, approximately $249 per square foot. This property was built in 1989. 507 Desert Falls Dr N is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert High 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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