NOT LISTED FOR SALE

51 Verde Way Palm Desert, CA 92260

Estimated Value: $399,000 - $749,000

2 Beds
2 Baths
1,070 Sq Ft
$591/mo HOA Fee

Last Sold October 26, 2018

Last sale price $230,000 $215 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,545/month

19 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • Gated Community
  • James Earl Carter Elementary School Rated A-
  • Two Primary Bedrooms
  • Open Floorplan

About This Home

As of October 2018

This bank owned condo is located in Silver Sands Racquet Club with great mountain views and located on a great belt close to community pools. This condo has a large private front and back patio. The kitchen has a breakfast bar, lots of counter space and conveniently opens to the great room. Silver Sands is an upscale Palm Desert community with 15 pools & spas and 8 tennis courts. This condo has lost of potential and waiting for your personal touches.

Last Agent to Sell the Property

Steve Yeoman

Coldwell Banker Realty License #01379966 Listed on: 08/31/2018

Coldwell Banker Realty

Last Buyer's Agent

Terri Wade

Desert Sands Realty License #01787711

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • Home has East and West Exposure
  • Wrought Iron Fence
  • Block Wall Fence
  • Landscaped

HOA Fees

  • $591 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Shutters
  • Sliding Doors
  • Great Room with Fireplace
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool
  • Fence Around Pool

Utilities

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

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 624023006

Community Details

Overview

  • Association fees include building & grounds, cable TV
  • 256 Units
  • Silver Sands Rc Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

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

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,532

Year Built

Built in 1987

Lot Details

0

HOA Fees

$591 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Leisure Faces East, Leisure Faces West
  • Levels: One
  • Builders Tract Code: Silver Sands R.C.
  • Building Number Of Stories: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 219.25
  • Lp Sp Ratio: 0.9804
  • Unit Total In Complex: 256
  • View Type: Mountain(s), Park/Green Belt
  • Water District Name: CVWD
  • Year Built: 1987
  • Co Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Member Fax: (888) 511-8121
  • Co Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 360-1342
  • Listing I D: 218024158
  • Listing Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Member Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Address: 78000 Fred Waring Dr.,, Ste. 205, Palm Desert, CA 92211
  • Selling Office Fax: (760) 262-3232
  • Land Type: Fee
  • Subdivision: Silver Sands RC
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas/Elec Dryer Hookup, Microwave Oven, Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Cathedral Ceiling(s), Open Floorplan
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Tile Counters
  • Laundry: In Garage
  • Estimated Sq Ft: 1070.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Fencing: Block, Wrought Iron
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Cable TV
  • Association Amenities: Barbecue, Clubhouse, Fitness Center, Meeting Room, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 591.00
  • Total Monthly Association Fees: 591.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 624023006
  • Lot Acres: 0.0900
  • Lot Description: Landscaped, Utilities Underground
  • Lot Size: 3920.00

Rental Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 10, 2018
Sold by
Wells Fargo Bank N A
Bought by
Mckeehan Gary and Mckeehan Melanie
Seller's Agent
Steve Yeoman
Coldwell Banker Realty
Buyer's Agent
Terri Wade
Desert Sands Realty
List Price
$234,600
Sold Price
$230,000
Premium/Discount to List
-$4,600
-1.96%
Current Estimated Value
$503,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,806
Avg. Annual Appreciation
11.92%
Original Mortgage
$172,500
Outstanding Balance
$151,360
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$350,026

Purchase Details

Closed on
Jun 13, 2017
Sold by
Lypka Christine
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Dec 16, 2004
Sold by
Willey Stephen R and Willey Carol V
Bought by
Lypka Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
4.23%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 16, 2003
Sold by
Raczynski Sheila D
Bought by
Willey Stephen R and Willey Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1999
Sold by
Pynoos Sydney and Enz Ilene
Bought by
Raczynski Sheila D and Sheila D Raczynski Trust

Purchase Details

Closed on
Nov 3, 1998
Sold by
Pynoos Sydney
Bought by
Pynoos Sydney and Enz Ilene

Purchase Details

Closed on
Jul 9, 1998
Sold by
Grimes Paul W and Grimes Carol Ann
Bought by
Pynoos Sydney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.95%
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
Mckeehan Gary $230,000 Ticor Title Company Of Calif
Wells Fargo Bank N A $220,000 Accommodation
Lypka Christine $314,000 Southland Title
Willey Stephen R $225,000 Orange Coast Title Co
Raczynski Sheila D $130,500 Orange Coast Title
Pynoos Sydney -- --
Pynoos Sydney $112,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeehan Gary $172,500
Previous Owner Lypka Christine $251,200
Previous Owner Willey Stephen R $174,600
Previous Owner Pynoos Sydney $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $230,000 -2.0% $215 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $234,600 -- $219 / 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 $3,532 $256,563 $83,661 $172,902
2023 $3,532 $246,602 $80,413 $166,189
2022 $3,357 $241,768 $78,837 $162,931
2021 $3,276 $237,029 $77,292 $159,737
2020 $3,220 $234,600 $76,500 $158,100
2019 $3,164 $230,000 $75,000 $155,000
2018 $3,468 $255,000 $63,240 $191,760
2017 $3,402 $250,000 $62,000 $188,000
2016 $3,397 $251,000 $63,000 $188,000
2015 $3,172 $228,000 $57,000 $171,000
2014 $3,117 $223,000 $56,000 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218024158

California Desert Association of REALTORS®

APN: 624-023-006