NOT LISTED FOR SALE

60501 Tower Ln Mountain Center, CA 92561

Estimated Value: $508,404 - $772,000

3 Beds
2 Baths
1,849 Sq Ft
$342/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $365,000 $197 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,931/month

328 Days on Market

Highlights

  • Panoramic View
  • Fireplace in Primary Bedroom
  • Sliding Doors
  • Midcentury Modern Architecture
  • Kitchen Island
  • Central Heating and Cooling System

About This Home

As of April 2018

Mid Century ranch style jewel, situated at over 4000 ft in the Pinyon Crest Community! on 5 Acres! This home has breathtaking views from every window of High-Desert landscape, stunning sunrise and sunsets as well as unobstructed night sky stars and desert valley city lights. Located just 15 minutes from the corner of Hwy 111 and Hwy 74 in Palm Desert. Enjoy cooler temperatures in the summer and mild winters for hiking, biking, and quiet mountain nature. The home features maximum indoor/outdoor entertaining with wrap-around patios and two observation/dining decks, one of which is high above the property tucked into a natural boulders setting.

Last Agent to Sell the Property

Zoe Aldrich

HomeSmart License #01928823 Listed on: 04/18/2017

Last Buyer's Agent

Zoe Aldrich

HomeSmart License #01928823 Listed on: 04/18/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,769

Year Built

  • Built in 1959

Lot Details

  • 2.5

HOA Fees

  • $88 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert
  • Valley

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,849 Sq Ft Home
  • 2-Story Property
  • Metal Fireplace
  • Sliding Doors
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Parking

  • 2 Carport Spaces
  • 2 Car Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Wood Insert Heater
  • Heating System Uses Propane
  • Overhead Utilities
  • Private Water Source
  • Well
  • Propane Water Heater
  • Septic Tank

Additional Features

  • 2.5 Acre Lot
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 635340017

Community Details

Overview

  • Pinyon Crest Subdivision

Amenities

  • Community Mailbox

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,769

Year Built

Built in 1959

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: Yes
  • Levels: One
  • Builders Tract Code: Pinyon Crest
  • Building Number Of Stories: 2
  • Building Style: Mid Century, Ranch
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 221.20
  • Lp Sp Ratio: 0.8924
  • View Type: City Lights, Valley, Panoramic, Mountain(s), Desert
  • Year Built: 1959
  • Listing I D: 217011760
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Pinyon Crest
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Oven, Washer, Trash Compactor, Refrigerator, Propane Dryer Hookup, Disposal
  • Fireplace: Yes
  • Fireplace Location: Great Room, Master Bedroom
  • Fireplace Features: Wood Stove Insert, Metal
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Kitchen Island, Living/Dining Combo
  • Estimated Sq Ft: 1849.00

Exterior Features

  • View: Yes

Garage/Parking

  • Total Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Heating Fuel: Propane Gas
  • Sewer: Septic Tank
  • Water: Private, Well
  • Water Heater Feature: Propane

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 88.00
  • Total Monthly Association Fees: 88.00

Lot Info

  • Assessor Parcel Number: 635340017
  • Lot Acres: 2.5000
  • Lot Description: Utilities - Overhead
  • Lot Size: 108900.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2017
Closed on
Apr 2, 2018
Sold by
Hemphill Katharine E
Bought by
Margolis Jeffrey
Seller's Agent
Zoe Aldrich
HomeSmart
Buyer's Agent
Zoe Aldrich
HomeSmart
List Price
$425,000
Sold Price
$365,000
Premium/Discount to List
-$60,000
-14.12%
Current Estimated Value
$632,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,601
Avg. Annual Appreciation
6.48%
Original Mortgage
$292,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2015
Closed on
Nov 25, 2015
Sold by
Loupot Floyd E
Bought by
Hemphill Katharine E
Seller's Agent
Pamela Greyshock
Paradise Corner Realty
Buyer's Agent
Cynthia Nordskog
Coldwell Banker Realty
List Price
$349,000
Sold Price
$325,000
Premium/Discount to List
-$24,000
-6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Sep 12, 2001
Sold by
Nicholson Donald F and Johnson Phillip E
Bought by
Loupot Floyd E
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
Margolis Jeffrey $365,000 Fidelity National Title Comp
Hemphill Katharine E $325,000 First American Title Company
Loupot Floyd E $300,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margolis Jeffrey $283,000
Closed Margolis Jeffrey $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $365,000 -10.8% $197 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
11/30/2017 11/30/17 Price Changed $409,000 -1.4% $221 / Sq Ft
08/01/2017 08/01/17 Price Changed $415,000 -2.4% $224 / Sq Ft
04/18/2017 04/18/17 For Sale $425,000 +30.8% $230 / Sq Ft
12/14/2015 12/14/15 Sold $325,000 -6.9% $176 / Sq Ft
11/19/2015 11/19/15 Pending -- -- --
10/03/2014 10/03/14 For Sale $349,000 -- $189 / 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 $4,769 $369,788 $45,510 $324,278
2023 $4,769 $355,431 $43,744 $311,687
2022 $4,751 $348,463 $42,887 $305,576
2021 $4,637 $341,632 $42,047 $299,585
2020 $4,379 $338,130 $41,616 $296,514
2019 $4,284 $344,891 $84,896 $259,995
2018 $4,262 $338,130 $83,232 $254,898
2017 $4,179 $331,500 $81,600 $249,900
2016 $4,142 $325,000 $80,000 $245,000
2015 $3,118 $245,822 $52,232 $193,590
2014 $3,094 $241,009 $51,210 $189,799
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2018

    Zoe Aldrich

    HomeSmart

  • Pamela Greyshock

    Seller's Agent in 2015

    Pamela Greyshock

    Paradise Corner Realty

    (951) 337-6428

    67 Total Sales

    Pamela Greyshock
    Section Image
  • Cynthia Nordskog

    Buyer's Agent in 2015

    Cynthia Nordskog

    Coldwell Banker Realty

    (951) 526-7300

    69 Total Sales

    Cynthia Nordskog
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 217011760

California Desert Association of REALTORS®

APN: 635-340-017

California Riverside County Mountain Center 92561

60501 Tower Ln, Mountain Center, CA

This home is located at 60501 Tower Ln, Mountain Center, CA 92561 since 18 April 2017 and is currently estimated at $632,601, approximately $342 per square foot. This property was built in 1959. 60501 Tower Ln is a home located in Riverside County with nearby schools including Rancho Mirage 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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