NOT LISTED FOR SALE

5951 Montecito Dr Unit 2 Palm Springs, CA 92264

Estimated Value: $344,000 - $435,000

3 Beds
3 Baths
1,512 Sq Ft
871 Sq Ft Lot

Last Sold July 29, 2019

Last sale price $189,900 $126 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,306/month

4 Days on Market

About This Home

As of July 2019

Welcome to Mountain Shadows in beautiful South Palm Springs with 6 sparkling pools, spa, tennis, pickle ball courts plus you own the land! Townhouse with vaulted ceilings and designed with just one common wall, powder room in hall next to inside laundry closet. One covered parking included and one space next to enclosed back patio. Perfect 2nd home, vacation home or full-time residence and priced for immediate sale. Investors, short term rentals possible as HOA has no minimum length lease requirement. The complex has lovely resort-like landscaped grounds, breathtaking mountain views. Just outside the gates is Tahquitz Creek Golf Club, with an Arnold Palmer designed 36-hole course, one of two courses surrounding the complex. Conveniently located near shopping includes Vons, restaurants, Trader Joes

Last Agent to Sell the Property

Cena Caterine

Bennion Deville Homes License #01058501 Listed on: 05/05/2019

Last Buyer's Agent

Leonardo Montenegro

Keller Williams Luxury Homes License #01413476

Keller Williams Luxury Homes

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,040

Year Built

1972

Lot Details

0

Listing Details

  • Active Date: 2019-05-11
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 1512.0
  • Driving Directions: Take Golf Club north off E. Palm Canyon or Crossley/Golf Club south off Ramon Rd, gate is on East side. Take Montecito and immediate right onto Arroyo Rd, unit is #2
  • Full Street Address: 5951 MONTECITO DR
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2019-07-30
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 2
  • Total Number of Units: 186
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Bathroom Features: Shower and Tub
  • Eating Areas: Dining Area
  • Appliances: Range, Built-In Electric
  • Advertising Remarks: Welcome to Mountain Shadows in beautiful South Palm Springs with 6 sparkling pools, spa, tennis, pickle ball courts plus you own the land! Townhouse with vaulted ceilings and designed with just one common wall, powder room in hall next to inside laundry c
  • Total Bedrooms: 3
  • Builders Tract Code: 6560
  • Builders Tract Name: MOUNTAIN SHADOWS
  • Fireplace: No
  • Levels: Two Level
  • Appliances: Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Refrigerator, Washer
  • Association Phone Number: 760-324-1076 Joann
  • Floor Material: Ceramic Tile
  • Laundry: Laundry in Closet
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 871
  • Common Walls: Attached
  • Construction: Stucco
  • Patio: Enclosed
  • Community Features: Golf Course within Development
  • Fence: Block Wall

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Type: Carport Detached

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Forced Air
  • Security: Community, Gated Community, Resident Manager, Smoke Detector

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Gated Community, Tennis Courts
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Clubhouse, Sewer Paid, Trash Paid
  • Association Rules: PetsPermitted
  • Association Name: MOUNTAIN SHADOWS
  • HOA Fees: 350.0

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2019
Closed on
Jul 15, 2019
Sold by
Rangel Octavio
Bought by
Schneider Lori
Seller's Agent
Cena Caterine
Bennion Deville Homes
Buyer's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$199,900
Sold Price
$189,900
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$387,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,310
Avg. Annual Appreciation
12.14%
Original Mortgage
$113,940
Outstanding Balance
$99,822
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$287,388

Purchase Details

Listed on
May 5, 2019
Closed on
Jul 1, 2019
Sold by
Kinney Kevin Grafton
Bought by
Schneider Lori
Seller's Agent
Cena Caterine
Bennion Deville Homes
Buyer's Agent
Leonardo Montenegro
Keller Williams Luxury Homes
List Price
$199,900
Sold Price
$189,900
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,940
Outstanding Balance
$99,822
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$287,388

Purchase Details

Closed on
Oct 17, 2017
Sold by
Rangel Gayle Hendricks
Bought by
Rangel Octavio

Purchase Details

Closed on
Aug 10, 2017
Sold by
Johnson Michael and Johnson Lisa
Bought by
Rangel Gayle Hendricks

Purchase Details

Closed on
Mar 11, 1994
Sold by
Rangel Octavio
Bought by
Rangel Gayle Hendricks

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
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 1994
Sold by
Quesnel Larue
Bought by
Rangel Gayle Hendricks and Johnson Michael S

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
4.75%
Mortgage Type
Purchase Money Mortgage
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
Schneider Lori $190,000 Orange Coast Title Company
Schneider Lori -- Orange Coast Title Company
Rangel Octavio -- None Available
Rangel Gayle Hendricks -- None Available
Rangel Gayle Hendricks -- First American Title Ins Co
Rangel Gayle Hendricks $75,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Lori $113,940
Previous Owner Rangel Gayle Hendricks $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2019 07/29/19 Sold $189,900 0.0% $126 / Sq Ft
06/20/2019 06/20/19 Price Changed $189,900 -5.0% $126 / Sq Ft
05/11/2019 05/11/19 For Sale $199,900 0.0% $132 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $199,900 -- $132 / Sq Ft
Source: Palm Springs Regional 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 $3,040 $207,679 $54,681 $152,998
2024 $3,040 $203,608 $53,609 $149,999
2023 $2,775 $199,616 $52,558 $147,058
2022 $2,779 $195,703 $51,528 $144,175
2021 $2,726 $191,867 $50,518 $141,349
2020 $2,612 $189,900 $50,000 $139,900
2019 $1,761 $121,249 $30,304 $90,945
2018 $1,732 $118,872 $29,710 $89,162
2017 $1,710 $116,542 $29,128 $87,414
2016 $1,666 $114,257 $28,557 $85,700
2015 $1,590 $112,542 $28,129 $84,413
2014 $1,555 $110,339 $27,579 $82,760
Source: Public Records

Agents Affiliated with this Home

  • Cena Caterine

    Seller's Agent in 2019

    Cena Caterine

    Bennion Deville Homes

    (760) 218-6637

    8 Total Sales

    Cena Caterine
    Section Image
  • Leonardo Montenegro

    Buyer's Agent in 2019

    Leonardo Montenegro

    Keller Williams Luxury Homes

    (760) 464-5600

    127 Total Sales

    Leonardo Montenegro
    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-462808PS

APN: 681-341-006

California Riverside County Palm Springs 92264

5951 Montecito Dr Unit 2, Palm Springs, CA

This home is located at 5951 Montecito Dr Unit 2, Palm Springs, CA 92264 since 05 May 2019 and is currently estimated at $387,210, approximately $256 per square foot. This property was built in 1972. 5951 Montecito Dr Unit 2 is a home located in Riverside County with nearby schools including Cathedral City Elementary School, Nellie N. Coffman Middle School, and Cathedral City High School.

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