NOT LISTED FOR SALE

7 Toluca Way Palm Desert, CA 92260

Estimated Value: $469,000 - $579,000

2 Beds
2 Baths
1,421 Sq Ft
$566/mo HOA Fee

Last Sold March 14, 2017

Last sale price $199,900 $141 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,732/month

41 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Mountain View
  • James Earl Carter Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of March 2017

Short Sale - Subject to lender approval. Investor's Dream - TOTAL Renovation and trash out!

Last Agent to Sell the Property

Cathy Smith

Coldwell Banker Realty License #01255217 Listed on: 12/02/2016

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,867

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • South Facing Home

HOA Fees

  • $566 Monthly HOA Fees

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 624023001

Community Details

Overview

  • Association fees include building & grounds, security, clubhouse
  • 256 Units
  • Silver Sands Rc Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • 24 Hour Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,867

Year Built

Built in 1987

Lot Details

0

HOA Fees

$566 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Leisure Faces South
  • Levels: Ground Level, No Unit Above
  • Builders Tract Code: Silver Sands R.C.
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 140.68
  • Lp Sp Ratio: 1.0000
  • Unit Total In Complex: 256
  • View Type: Mountain(s)
  • Year Built: 1987
  • Listing I D: 216035798
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Silver Sands RC
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1421.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Security: 24 Hour Security
  • Sewer: In Street Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Yes
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Security, Clubhouse
  • Association Amenities: Clubhouse, Tennis Courts, Guest Parking, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 566.00
  • Total Monthly Association Fees: 566.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 624023001
  • Lot Acres: 0.0900
  • Lot Size: 3920.00

Rental Info

  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Mitchell Edwin William
Bought by
Bejcar Cheryl Lee
Current Estimated Value
$510,546

Purchase Details

Closed on
Dec 19, 2017
Sold by
Rdf Investments Inc
Bought by
Mouillesseaux Cory and Palm Desert Frf Trust

Purchase Details

Closed on
Oct 24, 2017
Sold by
Mouillessaux Cory
Bought by
Bejcar Cheryl Lee and Carter Tenny Lillian

Purchase Details

Listed on
Dec 2, 2016
Closed on
Feb 1, 2017
Sold by
Veley Victor F
Bought by
Rdf Investments Inc
Seller's Agent
Cathy Smith
Coldwell Banker Realty
Buyer's Agent
Unknown Member
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$50,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2004
Sold by
Veley Joyce B
Bought by
Veley Victor F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2003
Sold by
Veley Victor F
Bought by
Veley Victor F and Veley Joyce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Veley Joyce B
Bought by
Veley Victor F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Bejcar Cheryl Lee -- Lawyers Title La
Mouillesseaux Cory -- None Available
Bejcar Cheryl Lee $250,000 Lawyers Title Company
Rdf Investments Inc $200,000 Equity Title Orange County I
Veley Victor F -- New Century Title Company
Veley Victor F -- Southland Title Corporation
Veley Victor F -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rdf Investments Inc $50,000
Previous Owner Rdf Investments Inc $200,000
Previous Owner Veley Victor F $240,000
Previous Owner Veley Victor F $178,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2017 03/14/17 Sold $199,900 0.0% $141 / Sq Ft
01/12/2017 01/12/17 Pending -- -- --
12/02/2016 12/02/16 For Sale $199,900 -- $141 / 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
2023 $3,867 $273,407 $82,019 $191,388
2022 $3,678 $268,047 $80,411 $187,636
2021 $3,591 $262,792 $78,835 $183,957
2020 $3,529 $260,098 $78,027 $182,071
2019 $3,468 $254,999 $76,498 $178,501
2018 $4,062 $303,960 $91,800 $212,160
2017 $3,828 $275,393 $74,200 $201,193
2016 $3,542 $269,995 $72,746 $197,249
2015 $3,552 $265,941 $71,654 $194,287
2014 $3,496 $260,733 $70,251 $190,482
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cathy Smith

    Coldwell Banker Realty

  • U

    Buyer's Agent in 2017

    Unknown Member

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 216035798

California Desert Association of REALTORS®

APN: 624-023-001

California Riverside County Palm Desert 92260

7 Toluca Way, Palm Desert, CA

This home is located at 7 Toluca Way, Palm Desert, CA 92260 since 02 December 2016 and is currently estimated at $510,546, approximately $359 per square foot. This property was built in 1987. 7 Toluca Way is a home located in Riverside County with nearby schools including James Earl Carter Elementary School, Colonel Mitchell Paige Middle School, and Palm Desert 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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