NOT LISTED FOR SALE

525 Desert Lakes Dr Palm Springs, CA 92264

Melody Ranch Neighborhood

Estimated Value: $617,000 - $821,000

2 Beds
2 Baths
1,778 Sq Ft
$1,396/mo HOA Fee

Last Sold April 03, 2023

Last sale price $750,000 $422 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,247/month

51 Days on Market

Highlights

  • On Golf Course
  • Unit is on the top floor
  • Gourmet Kitchen
  • Palm Springs High School Rated A-
  • Heated In Ground Pool
  • Panoramic View

About This Home

As of April 2023

Hip midcentury-modern updated condo in South Palm Springs! Stylish and chic, this top-floor home is as stunning inside as its south facing Mountain views. Featuring 1778 square feet of living space with 2 spacious bedrooms, 2 bathrooms bathrooms and a den. In 2021, the property was beautifully and meticulously updated - new flooring throughout, designer lighting, The new gourmet kitchen includes updated backsplash and countertops, Miele and Bosch stainless steel appliances, wine refrigerator, and opens to the spacious living area and dining room. Soaring 10 ft. ceilings and walls of glass allow plenty of natural light into the unit. The living area opens to a deck with a dining and seating area where one can entertain while enjoying breathtaking mountain and golf course views of the 12th and 13th fairways. Both bathrooms have new vanities and Kohler fixtures. Custom closets offer plenty of storage as does the spacious laundry room with a new washer and dryer. The HVAC system is also new! The private two car garage has additional custom cabinetry, rubber tile flooring and a new garage door. Located in the iconic midcentury community of Seven Lakes, the location is prime. The community of Seven Lakes offers the quintessential Palm Springs lifestyle - a William Cody designed club house, 15 heated pools and spas, an 18 hole golf course designed by Ted Robinson, tennis and pickle ball courts.

Last Agent to Sell the Property

Cathy Muldoon

Desert Sotheby's International Realty License #02012491 Listed on: 01/19/2023

Last Buyer's Agent

John White

Equity Union License #01973171

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,552

Year Built

  • Built in 1972

Lot Details

  • On Golf Course
  • South Facing Home

HOA Fees

Property Views

  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 1,778 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • 2 Fireplaces
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Area
  • Den
  • Security System Leased

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Walk-In Pantry
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Guest Parking
  • Golf Cart Parking

Pool

  • Heated In Ground Pool
  • Exercise
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Gunite 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

Additional Features

  • Living Room Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 681330062

Community Details

Overview

  • Association fees include building & grounds, trash, earthquake insurance, clubhouse
  • 341 Units
  • Seven Lakes Country Club Subdivision
  • On-Site Maintenance
  • Community Lake
  • Greenbelt
  • Planned Unit Development

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,552

Year Built

Built in 1972

Lot Details

0

HOA Fees

$1,396 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Leisure Faces South
  • Levels: Top
  • Building Style: Mid Century, Modern
  • Entry Floor: 2
  • Entry Location: Top Level
  • List Price per Sq Ft: 430.26
  • Lp Sp Ratio: 0.9800
  • Unit Total In Complex: 341
  • View Type: Golf Course, Panoramic, Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 1972
  • Listing I D: 219089730
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Office Address: 155 S Palm Canyon Drive, Suite A2, Palm Springs, CA 92262
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Seven Lakes Country Club
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Exhaust Fan, Washer, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: High Ceilings (9 Ft+), Recessed Lighting, Open Floorplan, Living Room Balcony
  • Range Hood: Yes
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Remodeled, Tile Shower
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 2
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters, Skylight(s), Remodeled, Island, Gourmet Kitchen
  • Laundry: Individual Room
  • Estimated Sq Ft: 1778.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Roofing: Foam
  • Foundation: Slab
  • Patio: Balcony
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Exercise, Gunite, Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, Hot Tub, In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Guest, Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Security System Leased, Gated Community, Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox, Pickle Ball Courts, Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Earthquake Insurance, Clubhouse
  • Association Amenities: Barbecue, Tennis Courts, Pet Rules, Management, Maintenance Grounds, Lake or Pond, Guest Parking, Golf - Par 3, Greenbelt/Park, Clubhouse, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 1249.00
  • HOA Fee 2: 147.00
  • Total Monthly Association Fees: 1396.00
  • Unit Location: Second Floor, Top Floor

Lot Info

  • Assessor Parcel Number: 681330062
  • Lot Description: Utilities Underground
  • Lot Location: On Golf Course
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 7, 2023
Sold by
Omoruyi Esohe E
Bought by
Lrc Health Holdings Inc
Seller's Agent
Cathy Muldoon
Desert Sotheby's International Realty
Buyer's Agent
John White
Equity Union
List Price
$765,000
Sold Price
$750,000
Premium/Discount to List
-$15,000
-1.96%
Views
106
Current Estimated Value
$744,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,723
Avg. Annual Appreciation
-0.91%
Original Mortgage
$250,000
Outstanding Balance
$242,030
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$491,770

Purchase Details

Closed on
May 9, 2021
Sold by
Megorden Julie Elisabeth
Bought by
Omoruyi Esohe E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2018
Closed on
Aug 28, 2018
Sold by
Williams Katherine Mary and Sloan Stacey Lynne
Bought by
Megorden Julie Elisabeth
Seller's Agent
The Dean Sipe Group
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Patrick Jordan
Bennion Deville Homes
List Price
$299,000
Sold Price
$275,000
Premium/Discount to List
-$24,000
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$220,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 6, 2016
Sold by
Sloan Stacey
Bought by
The Williams Sloan Trust and Sloan Stacey Lynne
Seller's Agent
Dean Sipe
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Dean Sipe
Berkshire Hathaway Home Services California Properties
Sold Price
$1,800

Purchase Details

Listed on
Jun 8, 2012
Closed on
Jan 25, 2013
Sold by
Sloan Stacey
Bought by
Sloan Stacey
Seller's Agent
Gregory Albert
Equity Union
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$191,250
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2012
Closed on
Dec 14, 2012
Sold by
Mca Management Inc
Bought by
Sloan Stacey
Seller's Agent
Gregory Albert
Equity Union
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2011
Closed on
Apr 3, 2012
Sold by
Mca Management Inc
Bought by
Mca Management Inc
Seller's Agent
Steve Scheinwald
Diversified Realty Group
Buyer's Agent
Gregory Albert
List Price
$38,900
Sold Price
$110,500
Premium/Discount to List
$71,600
184.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
177.27%

Purchase Details

Listed on
Dec 12, 2011
Closed on
Mar 22, 2012
Sold by
Seven Lakes Homeowners Association Inc
Bought by
Mca Management Inc
Seller's Agent
Steve Scheinwald
Diversified Realty Group
Buyer's Agent
Gregory Albert
List Price
$38,900
Sold Price
$110,500
Premium/Discount to List
$71,600
184.06%

Purchase Details

Closed on
Nov 11, 2009
Sold by
Farber S Richard
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 14, 2005
Sold by
Farber S Richard
Bought by
Farber S Richard and Farber Carol Ann Donnenfield

Purchase Details

Closed on
Nov 2, 2005
Sold by
Farber Carol Ann Donnenfield
Bought by
Farber S Richard
Source: Public Records

Range of Values:

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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
Lrc Health Holdings Inc $750,000 Orange Coast Title
Omoruyi Esohe E $639,000 Equity Title
Megorden Julie Elisabeth $275,000 First American Title
The Williams Sloan Trust -- Accommodation
Sloan Stacey -- Accommodation
Sloan Stacey -- Fidelity National Title
Sloan Stacey $255,000 Fidelity National Title
Mca Management Inc -- Landsafe Title Of Ca Inc
Mca Management Inc $86,000 Landsafe Title Of Ca Inc
Deutsche Bank National Trust Company $157,146 Accommodation
Farber S Richard -- First American Title
Farber S Richard -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lrc Health Holdings Inc $250,000
Previous Owner Omoruyi Esohe E $548,250
Previous Owner Megorden Julie Elisabeth $241,500
Previous Owner Megorden Julie Elisabeth $220,000
Previous Owner Sloan Stacey $191,250
Previous Owner Miller William F $50,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $750,000 -2.0% $422 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $765,000 +178.2% $430 / Sq Ft
09/19/2018 09/19/18 Sold $275,000 -5.0% $155 / Sq Ft
06/28/2018 06/28/18 Price Changed $289,500 -3.2% $163 / Sq Ft
05/05/2018 05/05/18 For Sale $299,000 0.0% $168 / Sq Ft
05/09/2016 05/09/16 Rented $1,800 0.0% --
05/09/2016 05/09/16 Under Contract -- -- --
04/22/2016 04/22/16 For Rent $1,800 0.0% --
01/30/2013 01/30/13 Sold $255,000 -5.2% $143 / Sq Ft
12/02/2012 12/02/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $269,000 +143.4% $151 / Sq Ft
04/06/2012 04/06/12 Sold $110,500 +257.6% $62 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
01/24/2012 01/24/12 Price Changed $30,900 -13.9% $17 / Sq Ft
12/21/2011 12/21/11 Price Changed $35,900 -7.7% $20 / Sq Ft
12/12/2011 12/12/11 For Sale $38,900 -- $22 / 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 $9,552 $780,300 $273,105 $507,195
2023 $9,552 $664,815 $197,676 $467,139
2022 $8,666 $651,780 $193,800 $457,980
2021 $3,905 $283,405 $77,292 $206,113
2020 $3,736 $280,500 $76,500 $204,000
2019 $3,676 $275,000 $75,000 $200,000
2018 $3,690 $275,969 $83,329 $192,640
2017 $3,639 $270,559 $81,696 $188,863
2016 $3,527 $265,255 $80,095 $185,160
2015 $3,381 $261,273 $78,893 $182,380
2014 $3,332 $256,157 $77,349 $178,808
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cathy Muldoon

    Desert Sotheby's International Realty

  • John White

    Buyer's Agent in 2023

    John White

    Equity Union

    (760) 898-9692

    1 in this area

    95 Total Sales

    John White
    Section Image

  • T

    Seller's Agent in 2018

    The Dean Sipe Group

    Berkshire Hathaway HomeServices California Properties

    (760) 668-5386

    1 in this area

    9 Total Sales

    The Dean Sipe Group
    Section Image
  • Dean Sipe

    Seller Co-Listing Agent in 2018

    Dean Sipe

    Berkshire Hathaway Home Services California Properties

    (760) 422-3132

    9 in this area

    57 Total Sales

    Dean Sipe
    Section Image
  • Patrick Jordan

    Buyer's Agent in 2018

    Patrick Jordan

    Bennion Deville Homes

    (760) 325-9091

    5 in this area

    279 Total Sales

    Patrick Jordan
    Section Image

  • S

    Buyer Co-Listing Agent in 2018

    Shane Wilson

    Bennion Deville Homes

    Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219089730

California Desert Association of REALTORS®

APN: 681-330-062

California Riverside County Palm Springs 92264 Melody Ranch

525 Desert Lakes Dr, Palm Springs, CA

This home is located at 525 Desert Lakes Dr, Palm Springs, CA 92264 since 19 January 2023 and is currently estimated at $744,277, approximately $418 per square foot. This property was built in 1972. 525 Desert Lakes Dr is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs 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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