NOT LISTED FOR SALE

5951 Montecito Dr Unit 3 Palm Springs, CA 92264

Estimated Value: $355,000 - $432,000

3 Beds
2 Baths
1,327 Sq Ft
871 Sq Ft Lot

Last Sold February 04, 2014

Last sale price $175,000 $132 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $2,359/month

28 Days on Market

About This Home

As of February 2014

Hidden Little Gem @ Mountain Shadows. Complex sits right across the street from the Tahquitz Creek Golf Course. Gated Community which offers 6 pools, 2 lighted Tennis Courts, 1 Jacuzzi, Library room, Community bathrooms and showering at the main Pavilion. This lovely 3 bedroom 2 bath condo was updated and shows to perfection. It has all the amenities you could want, Inside Laundry, Spacious dining area, newer stainless appliances. Tastefully decorated and Totally turnkey furnished. Fee Land, and low association dues. One of the few complexes that has year round on site manager and maintenance crew. Very well maintained complex. A great vacation rental complex that is very desirable to the snowbirds that come every year!

Last Agent to Sell the Property

Renee Foster

Renee J Foster Residential Bk License #00850530 Listed on: 12/05/2013

Last Buyer's Agent

Jeff Blacker

Compass License #01711459

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,809

Year Built

1972

Lot Details

0

Listing Details

  • Cross Street: GOLF CLUB DR.
  • Entry Location: Ground Level w/steps
  • Active Date: 2013-12-05
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Builder Name: CHRISTIANA COMMUNITY BUILDERS
  • Building Size: 1327.0
  • Building Structure Style: Contemporary
  • Doors: Sliding Glass Door(s)
  • Driving Directions: E.Palm Canyon north on Golf Club Dr. 1 mile turn right on Montecito Dr. (gate entrance)
  • Full Street Address: 5951 MONTECITO DR
  • Number Of Remote Controls: 1
  • Pool Descriptions: Association Pool
  • Primary Object Modification Timestamp: 2014-07-16
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 2
  • Total Number of Units: 186
  • View Type: Golf Course View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 1972

Interior Features

  • Bathroom Features: Fiberglass Shower Enclosure
  • Bedroom Features: Main Floor Bedroom
  • Eating Areas: Dining Area
  • Appliances: Gas/Electric Range
  • Advertising Remarks: Hidden Little Gem @ Mountain Shadows. Complex sits right across the street from the Tahquitz Creek Golf Course. Gated Community which offers 6 pools, 2 lighted Tennis Courts, 1 Jacuzzi, Library room, Community bathrooms and showering at the main Pavilio
  • Total Bedrooms: 3
  • Builders Tract Code: 4280
  • Builders Tract Name: MOUNTAIN SHADOWS
  • Fireplace: No
  • Levels: Two Level
  • Playing Courts: Community, Tennis Court Private
  • Spa: Yes
  • Interior Amenities: Furnished
  • Association Phone Number: 760-328-1076
  • Kitchen Features: Remodeled
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 871
  • Common Walls: Attached
  • Direction Faces: Faces North
  • Construction: Stucco
  • Foundation: Foundation - Concrete Slab
  • Patio: Tile
  • Windows: Window Blinds
  • Roofing: Concrete Tile
  • Water: District/Public

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Features: Covered Parking
  • Parking Spaces Total: 1

Utilities

  • Sewer: In, Connected & Paid
  • Water District: DESERT WATER AGENCY
  • TV Svcs: Cable TV
  • Water Heater: Electric
  • Cooling Type: Air Conditioning
  • Heating Type: Central Furnace
  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Gated Community
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance Paid
  • Association Rules: PetsPermitted, Assoc Pet Rules
  • Mgmt Co 2: ALLEN & ASSOCIATES
  • Mgmt Co 2 Phone: 760-323-7475
  • Association Name: Mountain Shadows
  • HOA Fees: 310.0

Lot Info

  • Lot Description: Gated Community

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2013
Closed on
Jan 8, 2014
Sold by
Mcdermott Robert Joseph and Mcdermott Laura Lee
Bought by
Wilson Donald Frederick and Wilson Marian
Seller's Agent
Renee Foster
Renee J Foster Residential Bk
Buyer's Agent
Jeff Blacker
Compass
List Price
$189,500
Sold Price
$175,000
Premium/Discount to List
-$14,500
-7.65%
Current Estimated Value
$400,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,497
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcdermott Laura Lee and Mc Dermott Robert Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2010
Sold by
Wirdzek Paul
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 20, 2006
Sold by
Tiecke Trent A and Olney Jeffrey
Bought by
Wirdzek Paul

Purchase Details

Closed on
Aug 17, 2005
Sold by
Suitt Bryan and Suitt Lin
Bought by
Tiecke Trent A and Olney Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
7.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 9, 2002
Sold by
Suitt Bryan
Bought by
Suitt Bryan and Suitt Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2001
Sold by
Suitt Noah Thomas and Suitt Jacqueline Helen
Bought by
Suitt Bryan and Suitt Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1999
Sold by
Wang Lin
Bought by
Suitt Bryan A

Purchase Details

Closed on
Jul 16, 1999
Sold by
Peter Mayerson William
Bought by
Suitt Noah Thomas and Suitt Jacqueline Helen
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
Wilson Donald Frederick $175,000 Lawyers Title
Mcdermott Laura Lee $140,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $157,815 Accommodation
Wirdzek Paul $315,000 New Century Title Company
Tiecke Trent A $236,000 New Century Title Company
Suitt Bryan -- Landsafe Title
Suitt Bryan -- Landsafe Title
Suitt Bryan A -- Orange Coast Title
Suitt Noah Thomas $75,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdermott Laura Lee $105,000
Previous Owner Tiecke Trent A $188,800
Previous Owner Suitt Bryan $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2014 02/04/14 Sold $175,000 -7.7% $132 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $189,500 -- $143 / 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 $2,809 $214,515 $53,625 $160,890
2023 $2,809 $206,188 $51,544 $154,644
2022 $2,862 $202,146 $50,534 $151,612
2021 $2,808 $198,184 $49,544 $148,640
2020 $2,689 $196,152 $49,036 $147,116
2019 $2,646 $192,307 $48,075 $144,232
2018 $2,600 $188,537 $47,134 $141,403
2017 $2,565 $184,841 $46,210 $138,631
2016 $2,496 $181,217 $45,304 $135,913
2015 $2,388 $178,496 $44,624 $133,872
2014 $1,996 $146,316 $36,579 $109,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-722807PS

APN: 681-341-005