NOT LISTED FOR SALE

72307 Merry Vale Way Palm Desert, CA 92260

Estimated Value: $412,000 - $451,000

2 Beds
2 Baths
1,320 Sq Ft
$455/mo HOA Fee

Last Sold July 27, 2020

Last sale price $272,000 $206 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,038/month

43 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • 1 Fireplace
  • Palm Desert High School Rated A
  • Secondary bathroom tub or shower combo
  • End Unit

About This Home

As of July 2020

Welcome to Sommerset South Palm Desert! This is a non-gated community nestled up against the mountains with hiking trails only footsteps away. This two bedroom/two bathroom property has been nicely updated and is being sold turnkey/furnished! There's an added benefit of having a two car garage, attached with direct access into the condo through the laundry room. As this is an end unit there is both a back patio with access from the living room and master bedroom, as well as a side patio with access from the dining area. This location is nicely set back from Highway 74 and is just under two miles from the famous El Paseo which is home to world class shopping and dining. This property is a great opportunity for either a full-time desert dweller, or as a seasonal get-a-way!

Last Agent to Sell the Property

Beth Cummins

Compass License #01990421 Listed on: 06/08/2020

Compass

Last Buyer's Agent

Ryan Cummings

Sotheby's International Realty License #01415106

Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,987

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Home has North and South Exposure
  • Sprinkler System

HOA Fees

  • $455 Monthly HOA Fees

Home Design

  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Recessed Lighting
  • 1 Fireplace
  • Shutters
  • Blinds
  • Sliding Doors
  • Great Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Garage Spaces
  • Garage Door Opener
  • Guest Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 652190036

Community Details

Overview

  • Association fees include building & grounds, trash
  • Sommerset South Palm Desert Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,987

Year Built

Built in 1979

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: One
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Property sold turnkey/furnished.
  • List Price per Sq Ft: 211.29
  • Lp Sp Ratio: 0.9800
  • Year Built: 1979
  • Listing I D: 219044238
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Selling Office Address: 800 N Palm Canyon Dr, Suite D& E, Palm Springs, CA 92262
  • Selling Office Fax: (760) 832-6203
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Cooktop, Microwave Oven, Gas Range, Washer, Refrigerator, Dishwasher
  • Interior Amenities: High Ceilings (9 Ft+), Recessed Lighting
  • Flooring: Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 2
  • Bathroom Features: Remodeled, Shower Stall, Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area, Breakfast Nook
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 1320.00
  • Windows Treatments: Blinds, Shutters

Exterior Features

  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Unassigned, Garage Door Opener, Direct Entrance
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Call

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash
  • Association Amenities: Guest Parking, Tennis Courts, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 455.00
  • Total Monthly Association Fees: 455.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652190036
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0800
  • Lot Size: 3485.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 2, 2020
Sold by
Allred Connie Jean and Everett Harold
Bought by
Ward Gregory L and Ward Michele R
Seller's Agent
Beth Cummins
Compass
Buyer's Agent
Ryan Cummings
Sotheby's International Realty
List Price
$278,900
Sold Price
$272,000
Premium/Discount to List
-$6,900
-2.47%
Current Estimated Value
$424,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,503
Avg. Annual Appreciation
8.95%
Original Mortgage
$172,000
Outstanding Balance
$121,794
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$302,709

Purchase Details

Listed on
May 30, 2018
Closed on
Jul 20, 2018
Sold by
Salkin Richard Ivan and Salkin Karen Stern
Bought by
Allred Connie Jean and Allred Harold Everett
Seller's Agent
Annie Hall
Desert Sands Realty
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$289,000
Sold Price
$256,900
Premium/Discount to List
-$32,100
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%

Purchase Details

Listed on
Apr 3, 2013
Closed on
Apr 30, 2013
Sold by
Hunsaker Don and Hunsaker Barbara
Bought by
Salkin Richard Ivan and Salkin Karen Stern
Seller's Agent
Bob Hunsaker
Buyer's Agent
Jeffery Culp
Coldwell Banker Realty
List Price
$214,900
Sold Price
$215,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Jul 8, 2011
Sold by
Willey Stephen R and Willey Carol V
Bought by
Hunsaker Ii Don and Hunsaker Barbara

Purchase Details

Closed on
Nov 16, 2010
Sold by
Wells Fargo Bank Na
Bought by
Willey Stephen R and Willey Carol

Purchase Details

Closed on
Oct 13, 2010
Sold by
Tuxford George Murray
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 6, 1999
Sold by
Tuxford Jeannie Vone
Bought by
Tuxford George Murray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1999
Sold by
Ironwood Llc
Bought by
Tuxford George Murray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1999
Sold by
Boyd Dunn William
Bought by
Ironwood Llc
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
Ward Gregory L $272,000 Fidelity National Title
Allred Connie Jean $257,000 California Title Company
Salkin Richard Ivan $215,000 Stewart Title Of California
Hunsaker Ii Don $190,000 Lawyers Title Company
Willey Stephen R $142,000 Lawyers Title Company
Wells Fargo Bank Na $134,519 None Available
Tuxford George Murray -- Chicago Title Co
Tuxford George Murray $111,000 Chicago Title Co
Ironwood Llc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Gregory L $172,000
Previous Owner Tuxford George Murray $71,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $272,000 -2.5% $206 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $278,900 +8.6% $211 / Sq Ft
07/31/2018 07/31/18 Sold $256,900 -4.5% $195 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $269,000 -6.9% $204 / Sq Ft
05/30/2018 05/30/18 For Sale $289,000 +34.4% $219 / Sq Ft
05/16/2013 05/16/13 Sold $215,000 0.0% $163 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $214,900 -- $163 / 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 $3,987 $294,419 $40,590 $253,829
2023 $3,987 $282,988 $39,015 $243,973
2022 $3,793 $277,440 $38,250 $239,190
2021 $3,704 $272,000 $37,500 $234,500
2020 $3,553 $262,037 $65,508 $196,529
2019 $3,491 $256,900 $64,224 $192,676
2018 $3,197 $232,679 $58,168 $174,511
2017 $3,137 $228,118 $57,028 $171,090
2016 $3,067 $223,646 $55,910 $167,736
2015 $3,077 $220,288 $55,071 $165,217
2014 $3,030 $215,976 $53,994 $161,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219044238

California Desert Association of REALTORS®

APN: 652-190-036