$388,500
SOLD FEB 14, 2023

72310 Merry Vale Way Palm Desert, CA 92260

3 Beds
2 Baths
1,786 Sq Ft
$465/mo HOA Fee

Recently Sold

$218 Per Sq Ft

3% Below List Price

107 Days on Market

Highlights

  • Mountain View
  • L-Shaped Dining Room
  • 1 Car Attached Garage
  • Palm Desert High School Rated A
  • Tennis Courts
  • Living Room

About This Home

As of June 2023

HUGE PRICE ADJUSTMENT TO $ 399,900 - - Fantastic location with amazing views from this 3 bedroom, 1.75 bath condo in Sommerset. 2 downstairs bedrooms and a full bathroom downstairs, spacious living room with slider doors to the open patio. Separate dining room area and atrium. Primary bedroom upstairs has large private bathroom, dual vanity sinks and lots of closet space.HOA covers roof, ext. painting- (please verify with HOA), landscaping, Tennis courts, pools/spas, trash.

Last Agent to Sell the Property

Argie Nastasi

Coldwell Banker Realty License #01241340 Listed on: 10/05/2022

Last Buyer's Agent

Jennica Schein

Coldwell Banker Realty License #01813034

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,696

Year Built

  • Built in 1978

HOA Fees

  • $465 Monthly HOA Fees

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • Living Room
  • L-Shaped Dining Room
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • 1 Attached Carport Space
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 652190041

Community Details

Overview

  • Sommerset South Palm Desert Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,696

Year Built

Built in 1978

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • List Price per Sq Ft: 223.91
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Water District Name: Coachella Valley Water District
  • Year Built: 1978
  • Listing I D: 219085412
  • Listing Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Listing Office Fax: (760) 360-1342
  • Selling Member Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Address: 45-000 Club Drive, Indian Wells, CA 92210
  • Selling Office Fax: (760) 360-1342
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Ell
  • Estimated Sq Ft: 1786.00

Exterior Features

  • Construction: Stucco
  • Planned Unit Development: No
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Attached Carport, Driveway
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 465.00
  • Total Monthly Association Fees: 465.00

Lot Info

  • Assessor Parcel Number: 652190041
  • Lot Size: 2614.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Mccollam Sharon L and Mvl Trust
Bought by
Bluefin Ii Llc
Current Estimated Value
$581,198

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 21, 2023
Sold by
Dps Capital Investments Llc
Bought by
Mvl Trust
Seller's Agent
Jennica Schein
Coldwell Banker Realty
Buyer's Agent
Jennica Schein
Coldwell Banker Realty
List Price
$645,000
Sold Price
$580,000
Premium/Discount to List
-$65,000
-10.08%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.09%

Purchase Details

Listed on
Oct 5, 2022
Closed on
Jan 26, 2023
Sold by
Finance Of America Structured Securities
Bought by
Dps Capital Investments Llc
Seller's Agent
Argie Nastasi
Coldwell Banker Realty
Buyer's Agent
Jennica Schein
Coldwell Banker Realty
List Price
$399,900
Sold Price
$388,500
Premium/Discount to List
-$11,400
-2.85%
Views
43

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
204.39%
Original Mortgage
$175,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2022
Sold by
Trustee Corps
Bought by
Finance Of America Structured Securities Acqu

Purchase Details

Closed on
Sep 13, 2018
Sold by
Mascott Trina
Bought by
Mascott Trina

Purchase Details

Closed on
Jun 19, 2007
Sold by
Mascott Trina
Bought by
Mascott Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.95%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Similar Homes in Palm Desert, CA

  • 130 Don Miguel Cir, Palm Desert, CA 92260

    $419,000

    • 2 Beds
    • 2 Baths
    • 1,347 Sq Ft
    • 130 Don Miguel Cir
    • Palm Desert, CA

    Welcome to 130 Don Miguel Circle, a charming and meticulously maintained 2-bedroom, 2-bathroom home in Monterey Country Club. Spanning 1347 square feet, this residence boasts a newer AC and water heater, upgraded tile flooring, and a fully furnished interior. The open kitchen, washer/dryer in unit, and private outdoor space make for convenient living, while the garage and parking add extra ease.

    Norman Williams Compass

    Section Image
  • 128 Desert Falls Dr E, Palm Desert, CA 92211

    $439,000

    • 2 Beds
    • 2 Baths
    • 1,330 Sq Ft
    • 128 Desert Falls Dr E
    • Palm Desert, CA

    Ideally situated with east facing views of the Avondale golf course, this is a highly desirable single level unit with no one above. It is an end unit with cathedral ceilings and is the most popular floor plan in the desert falls community. The condo feels very open with an expanded back patio featuring Saltillo tile. It is perfect for entertaining and the views of the pool and golf course are

    Shelly Smith Keller Williams Empire Estates

    Section Image
  • 40465 La Costa Cir W, Palm Desert, CA 92211

    $319,000

    • 1 Bed
    • 1 Bath
    • 821 Sq Ft
    • 40465 La Costa Cir W
    • Palm Desert, CA

    VIEWS. PRIVACY. LOCATION.Where else can you truly have it all?Welcome to this charming 1 bed, 1 bath condo tucked behind the gates of Palm Desert Resort Country Club (The Resorter) — a community known for its championship golf course, 28 court pickleball club and incredible amenities. This beautifully updated home offers breathtaking views of the golf course, a peaceful sense of privacy,

    Lillian Barrett First Team Real Estate North Tustin

    Section Image
  • 40514 Bay Hill Way, Palm Desert, CA 92211

    $365,000

    • 2 Beds
    • 1.5 Baths
    • 938 Sq Ft
    • 40514 Bay Hill Way
    • Palm Desert, CA

    Welcome to 40514 Bay Hill, located on the 13th green behind the gates of the Palm Desert Resort Country Club. This is the PERFECT short term rental or full time home, being delivered turnkey! 'PDR' is home of the largest and best pickleball facility in the Coachella Valley featuring 28 pickleball courts and 7 tennis courts. This beautiful Olympic floor plan features a remodeled kitchen open to

    Lillian Barrett First Team Real Estate North Tustin

    Section Image
  • 40310 Bay Hill Way, Palm Desert, CA 92211

    $369,000

    • 2 Beds
    • 2 Baths
    • 1,177 Sq Ft
    • 40310 Bay Hill Way
    • Palm Desert, CA

    Views, Views Views! Welcome to 40310 Bay Hill Way, a gem within the prestigious Palm Desert Resort Country Club, home of 'Tennis in a Pickle, the largest pickleball club in the Coachella Valley. This charming 2-bedroom, 2-bathroom Vintage model features a thoughtful split master floor plan and an open-concept living area accentuated by vaulted ceilings. The updated kitchen and baths add a modern

    Lillian Barrett First Team Real Estate North Tustin

    Section Image
  • 48792 Desert Flower Dr, Palm Desert, CA 92260

    $319,000

    • 2 Beds
    • 1.5 Baths
    • 1,207 Sq Ft
    • 48792 Desert Flower Dr
    • Palm Desert, CA

    FHA APPROVED + PRIME SOUTH PALM DESERT LOCATION! This beautifully updated condo in the desirable Mountainback community is a rare find. FHA financing is welcome, making it ideal for first-time buyers or anyone seeking low down payment options.Located just 1 mile from El Paseo, you'll have world class shopping, dining, and hiking trails right at your fingertips, it doesn't get better than

    Jennifer Agnew Keller Williams Realty

    Section Image
  • 72509 Sandstone Ln, Palm Desert, CA 92260

    $489,000

    • 3 Beds
    • 2 Baths
    • 1,654 Sq Ft
    • 72509 Sandstone Ln
    • Palm Desert, CA

    Stylishly Updated 3 Bed, 2 Bath Condo in Prime South Palm Desert Location!Welcome to your desert oasis in the sought-after Sommerset Development, ideally located on a quiet cul-de-sac street in the heart of South Palm Desert. This beautifully updated single-level condo offers 3 spacious bedrooms, 3rd Bedroom is currently being used as a versatile den/office, and 2 remodeled bathrooms, all

    Michael Folk Carter & Company

    Section Image
  • 72930 Mesa View Dr, Palm Desert, CA 92260

    $475,000

    • 2 Beds
    • 3 Baths
    • 1,637 Sq Ft
    • 72930 Mesa View Dr
    • Palm Desert, CA

    Discover this wonderful single-level home in the beautiful hills of South Palm Desert! Located in a charming, gated community of just 100 residences, this property offers an ideal setting for an active lifestyle complemented by stunning mountain views and is currently the LOWEST-PRICED condo of its size in the area.This spacious 1,637 sq ft home features two large bedrooms and three bathrooms

    Phyllis Cyphers Compass

    Section Image
  • 72732 Tony Trabert Ln, Palm Desert, CA 92260

    $425,000

    • 3 Beds
    • 2 Baths
    • 1,170 Sq Ft
    • 72732 Tony Trabert Ln
    • Palm Desert, CA

    LOCATION, LOCATION, LOCATION. Walking distance to the finest shopping strip in the Coachella Valley, El Paseo!! Which offers exquisite dining and shopping experiences.This condo is in a beautiful scenic community of the highly sought-after City of Palm Desert, providing a single level Second story ,3 Bed 2 Bath; one of the bedrooms is equipped with a double door entry and can be used as a den.

    Mariela Ulloa Royale Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $600,000 Wfg National Title
Grant Deed $580,000 Chicago Title
Grant Deed $388,500 --
Trustee Deed $480,000 --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- New Century Title Company
Interfamily Deed Transfer -- New Century Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,000 New Conventional
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $59,965 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $580,000 -6.5% $325 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/27/2023 05/27/23 Price Changed $620,000 -3.9% $347 / Sq Ft
05/10/2023 05/10/23 For Sale $645,000 +66.0% $361 / Sq Ft
02/14/2023 02/14/23 Sold $388,500 -2.9% $218 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/08/2023 01/08/23 For Sale $399,900 0.0% $224 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
11/02/2022 11/02/22 Price Changed $399,900 -4.8% $224 / Sq Ft
10/05/2022 10/05/22 For Sale $420,000 -- $235 / 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 $7,696 $603,432 $39,015 $564,417
2023 $7,696 $410,000 $125,000 $285,000
2022 $2,685 $193,919 $50,191 $143,728
2021 $2,616 $190,117 $49,207 $140,910
2020 $2,571 $188,169 $48,703 $139,466
2019 $2,527 $184,481 $47,749 $136,732
2018 $2,483 $180,864 $46,813 $134,051
2017 $2,436 $177,319 $45,896 $131,423
2016 $2,382 $173,844 $44,997 $128,847
2015 $2,387 $171,234 $44,322 $126,912
2014 $2,351 $167,881 $43,454 $124,427
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219085412

California Desert Association of REALTORS®

APN: 652-190-041