NOT LISTED FOR SALE

6037 Arroyo Rd Unit 2 Palm Springs, CA 92264

Estimated Value: $411,000 - $455,000

3 Beds
3 Baths
1,512 Sq Ft
$295/mo HOA Fee

Last Sold May 09, 2012

Last sale price $137,000 $91 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $2,842/month

84 Days on Market

Highlights

  • Spa
  • Mountain View
  • Central Air
  • Gated Community

About This Home

As of May 2012

Bank Owned. Clean, bright 3 bed, 2 bath unit close to the community pool and tennis courts. The development is on the south end of town, offers golf and is close to shopping and restaurants.

Last Agent to Sell the Property

Ryan Gaertner

HK Lane Real Estate License #01372839 Listed on: 01/11/2012

Last Buyer's Agent

Brian Beard

License #01494669

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1972

Lot Details

  • 871

HOA Fees

  • $295 Monthly HOA Fees

Property Views

  • Mountain
  • Park or Greenbelt
  • Pool

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Spa
  • Outdoor Pool

Additional Features

  • Ground Level
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 681341025

Community Details

Overview

  • Mountain Shadows Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,303

Year Built

Built in 1972

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Two
  • Builders Tract Code: Mountain Shadows
  • List Price per Sq Ft: 97.55
  • Lp Sp Ratio: 0.9288
  • View Type: Mountain(s), Pool, Park/Green Belt
  • Year Built: 1972
  • Listing I D: 21445483
  • Listing Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Listing Office Fax: (760) 834-7575
  • Selling Office Address: 677 Arrowhead Drive, Palm Desert, CA 92211
  • Selling Office Fax: (760) 834-7575
  • Land Type: Fee
  • Subdivision: Mountain Shadows
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1.00
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1512.00

Exterior Features

  • Pool: Yes
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Description: Community
  • View: Yes

Utilities

  • Cooling Type: Central Air

Association/Amenities

  • Gated Community: Yes

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 295.00
  • Total Monthly Association Fees: 295.00
  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 681341025
  • Lot Acres: 0.0200
  • Lot Size: 871.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Oak Grove School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2012
Closed on
May 7, 2012
Sold by
Wells Fargo Bank Na
Bought by
Jordan Peter and Jordan Sarah
Seller's Agent
Ryan Gaertner
HK Lane Real Estate
Buyer's Agent
Brian Beard
List Price
$153,900
Sold Price
$137,000
Premium/Discount to List
-$16,900
-10.98%
Current Estimated Value
$430,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,075
Avg. Annual Appreciation
9.01%
Original Mortgage
$95,900
Outstanding Balance
$63,640
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$366,435

Purchase Details

Closed on
Nov 7, 2011
Sold by
Peterson Edward J
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 11, 2008
Sold by
Peterson Edward J
Bought by
Peterson Ii Edward Junior

Purchase Details

Closed on
Mar 22, 2004
Sold by
Hetherton John E
Bought by
Peterson Ii Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,250
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 1999
Sold by
Gensel John P and Gensel Carole A
Bought by
Hetherton John E

Purchase Details

Closed on
Oct 10, 1996
Sold by
Stone Robert S and Stone June E
Bought by
Gensel John P and Gensel Carole A
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
Jordan Peter $137,000 Fidelity National Title Co
Wells Fargo Bank Na $123,734 Accommodation
Peterson Ii Edward Junior -- None Available
Peterson Ii Edward J $215,000 North American Title Co
Hetherton John E $90,000 Orange Coast Title Co
Gensel John P $95,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Peter $95,900
Previous Owner Peterson Ii Edward J $210,000
Previous Owner Peterson Ii Edward J $204,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2012 05/09/12 Sold $137,000 -7.1% $91 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
02/21/2012 02/21/12 Price Changed $147,500 -4.2% $98 / Sq Ft
01/11/2012 01/11/12 For Sale $153,900 -- $102 / 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 $2,303 $172,060 $43,009 $129,051
2023 $2,303 $165,381 $41,340 $124,041
2022 $2,345 $162,139 $40,530 $121,609
2021 $2,302 $158,961 $39,736 $119,225
2020 $2,207 $157,332 $39,329 $118,003
2019 $2,172 $154,248 $38,558 $115,690
2018 $2,135 $151,224 $37,803 $113,421
2017 $2,107 $148,260 $37,062 $111,198
2016 $2,051 $145,354 $36,336 $109,018
2015 $1,961 $143,174 $35,792 $107,382
2014 $1,923 $140,372 $35,092 $105,280
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ryan Gaertner

    HK Lane Real Estate

  • B

    Buyer's Agent in 2012

    Brian Beard

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21445483

California Desert Association of REALTORS®

APN: 681-341-025

California Riverside County Palm Springs 92264

6037 Arroyo Rd Unit 2, Palm Springs, CA

This home is located at 6037 Arroyo Rd Unit 2, Palm Springs, CA 92264 since 11 January 2012 and is currently estimated at $430,075, approximately $284 per square foot. This property was built in 1972. 6037 Arroyo Rd 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.

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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