NOT LISTED FOR SALE

72307 Sommerset Dr Palm Desert, CA 92260

Estimated Value: $435,000 - $523,475

3 Beds
2 Baths
1,786 Sq Ft
$440/mo HOA Fee

Last Sold February 24, 2020

Last sale price $327,000 $183 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,457/month

43 Days on Market

Highlights

  • In Ground Pool
  • Gourmet Kitchen
  • Updated Kitchen
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Mountain View

About This Home

As of February 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 property has been beautifully remodeled from top to bottom. With three bedrooms, two bathrooms, indoor laundry, great room, dining room and kitchen eating area, there is plenty of room for you and your guests. Although the master is upstairs, with two downstairs bedrooms, one of these could easily be used as the master leaving the upstairs as a guest retreat. There is ample outdoor space as well including the main floor back patio and the upstairs balcony. Sommerset 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 a seasonal get-a-way!

Last Agent to Sell the Property

Beth Cummins

Compass License #01990421 Listed on: 01/02/2020

Compass

Last Buyer's Agent

Tim Finnell

Coldwell Banker Residential Brokerage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,767

Year Built

  • Built in 1978

Lot Details

  • Home has North and South Exposure
  • Sprinkler System

HOA Fees

  • $440 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Vertical Blinds
  • Sliding Doors
  • Entryway
  • Great Room
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Gourmet Kitchen
  • Updated Kitchen
  • Breakfast Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Bathrooms
  • Double Vanity

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Parking

  • 1 Attached Carport Space
  • 2 Parking Garage Spaces
  • Garage Door Opener
  • Guest Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 652100053

Community Details

Overview

  • Association fees include building & grounds
  • Sommerset South Palm Desert Subdivision
  • On-Site Maintenance
  • Planned Unit Development

Amenities

  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,767

Year Built

Built in 1978

Lot Details

0

HOA Fees

$440 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: Two
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 201.51
  • Lp Sp Ratio: 0.9100
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1978
  • Listing I D: 219036066
  • 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 Member Address: 47350 Washington St., Ste. 101, La Quinta, CA 92253
  • Selling Office Address: 47350 Washington St. Ste. 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 564-7969
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Dryer Hookup, Gas Oven, Microwave Oven
  • Interior Amenities: Recessed Lighting
  • Flooring: Laminate, Tile
  • Bedroom Features: Main Floor Bedroom, Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Remodeled
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Nook, Formal Dining Room
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Remodeled
  • Laundry: In Closet
  • Estimated Sq Ft: 1786.00
  • Windows Treatments: Blinds, Vertical Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Foundation: Slab
  • Patio: Balcony, Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Attached Carport, Garage Door Opener, Unassigned
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Guest Parking, Maintenance Grounds, Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 440.00
  • Total Monthly Association Fees: 440.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652100053
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0600
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2020
Closed on
Jan 28, 2020
Sold by
Barnhart Bruce W
Bought by
Summers Jolene M
Seller's Agent
Beth Cummins
Compass
Buyer's Agent
Tim Finnell
Coldwell Banker Residential Brokerage
List Price
$359,900
Sold Price
$327,000
Premium/Discount to List
-$32,900
-9.14%
Current Estimated Value
$494,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,119
Avg. Annual Appreciation
7.65%
Original Mortgage
$307,800
Outstanding Balance
$272,535
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$221,584

Purchase Details

Closed on
Oct 3, 2013
Sold by
Luna Leni Lagarde
Bought by
Luna Leni L

Purchase Details

Closed on
Sep 4, 2013
Sold by
Barnhart Bruce W
Bought by
Barnhart Bruce W

Purchase Details

Closed on
Mar 20, 2013
Sold by
Barnhart Bruce and Luna Leni Lagarde
Bought by
Barnhart Bruce W and Luna Leni Lagarde

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2010
Sold by
Barnhart Bruce
Bought by
Barnhart Bruce

Purchase Details

Closed on
Sep 18, 2009
Sold by
Tran Theodore Tien
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jan 7, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
Barnhart Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2006
Sold by
Levy Jack B and Levy Edith
Bought by
Tran Theodore Tien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,600
Interest Rate
7.55%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Summers Jolene M $327,000 Fidelity National Ttl Ins Co
Luna Leni L -- None Available
Barnhart Bruce W -- None Available
Barnhart Bruce W -- Ticor Title Company Of Ca
Barnhart Bruce -- None Available
Bac Home Loans Servicing Lp $196,137 Landsafe Title
Barnhart Bruce W $185,000 None Available
Tran Theodore Tien $372,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summers Jolene M $307,800
Previous Owner Barnhart Bruce W $127,000
Previous Owner Barnhart Bruce W $129,500
Previous Owner Tran Theodore Tien $297,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2020 02/24/20 Sold $327,000 -9.1% $183 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $359,900 -- $202 / 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 $4,767 $357,617 $41,009 $316,608
2023 $4,767 $343,731 $39,417 $304,314
2022 $4,523 $336,993 $38,645 $298,348
2021 $4,419 $330,387 $37,888 $292,499
2020 $2,938 $218,338 $76,414 $141,924
2019 $2,886 $214,058 $74,916 $139,142
2018 $2,835 $209,862 $73,449 $136,413
2017 $2,781 $205,748 $72,009 $133,739
2016 $2,718 $201,715 $70,598 $131,117
2015 $2,725 $198,688 $69,539 $129,149
2014 $2,683 $194,798 $68,178 $126,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219036066

California Desert Association of REALTORS®

APN: 652-100-053