NOT LISTED FOR SALE

72312 Canyon Ln Palm Desert, CA 92260

Estimated Value: $406,000 - $441,000

2 Beds
2 Baths
1,440 Sq Ft
$455/mo HOA Fee

Last Sold March 05, 2021

Last sale price $332,000 $231 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,134/month

38 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Open Floorplan
  • Palm Desert High School Rated A
  • Panoramic View
  • Hilltop Location

About This Home

As of March 2021

Available for Backup Offers. Location, Location. Highly sought after Sommerset with ultra rare sweeping down-valley views of the surrounding mountain ranges and city lights--on the quiet side of the community (away from Highway 74). Walk right out on a picturesque greenbelt leading to what appears to be your own semi-private community pool. First time on the market! Open floor-plan featuring walls of light & attached one car garage & carport Updated kitchen cabinets, and stainless appliances. Newer AC system..Sommerset community offers hiking trails, green belts, community pool/spas, tennis courts all in a quiet location minutes from El Paseo shopping district. Low Hoa & Resort Atmosphere.

Last Agent to Sell the Property

Richard Chamberlin

Compass License #01232493 Listed on: 01/23/2021

Compass

Last Buyer's Agent

Danita Conley

Jason Mitchell Real Estate California, Inc. License #01277915

Jason Mitchell Real Estate California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,766

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • Northwest Facing Home
  • Masonry wall
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Hilltop Location
  • Private Yard

HOA Fees

  • $455 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Pool

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Stucco Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • Open Floorplan
  • 1 Fireplace
  • Sliding Doors
  • Entryway
  • Dining Area
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Linen Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • Washer

Parking

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

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Location

  • Ground Level
  • Property is near public transit

Schools

  • Washington Charter Elementary School
  • Palm Desert Middle School
  • Palm Desert High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Underground Utilities

Additional Features

  • No Interior Steps
  • Concrete Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number 652100003

Community Details

Overview

  • Sommerset South Palm Desert Subdivision
  • Greenbelt
  • Planned Unit Development

Amenities

  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,766

Year Built

Built in 1978

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 West, Leisure Faces North
  • Levels: Ground Level, No Unit Above
  • Building Style: Contemporary
  • Disability Access: No Interior Steps
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 242.36
  • Lp Sp Ratio: 0.9500
  • View Type: City Lights, Pool, Panoramic, Mountain(s), Hills
  • Year Built: 1978
  • Listing I D: 219056178
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 444 Hermosa Ave. #101, Hermosa Beach, CA 90254
  • Selling Member Fax: (760) 777-8172
  • Selling Office Address: 444 Hermosa Ave. #101, Hermosa Beach, CA 90254
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Washer, Refrigerator
  • Interior Amenities: Open Floorplan
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Bathroom Features: Linen Closet, Shower Stall, Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Kitchen Features: Gourmet Kitchen, Tile Counters
  • Laundry: In Closet, Laundry Area
  • Estimated Sq Ft: 1440.00

Exterior Features

  • Construction: Hard Coat Stucco
  • Other Features: Premium Lot
  • Fencing: Masonry
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Community, In Ground, Gunite
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest, 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, Gas, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Exterior Security Lights
  • Sewer: In, Connected and Paid

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 455.00
  • Total Monthly Association Fees: 455.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652100003
  • Irrigation: Sprinkler System
  • Lot Description: Curbs, Yard, Utilities Underground, Street Paved, Landscaped
  • Lot Location: Cul-De-Sac, Near Public Transit, Hilltop, Greenbelt
  • Lot Size: 3049.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert
  • Other Schools: Palm Valley
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 3, 2021
Sold by
Temkin Tammy
Bought by
Temkin David
Seller's Agent
Richard Chamberlin
Compass
Buyer's Agent
Danita Conley
Jason Mitchell Real Estate California, Inc.
List Price
$349,000
Sold Price
$332,000
Premium/Discount to List
-$17,000
-4.87%
Current Estimated Value
$430,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,341
Avg. Annual Appreciation
5.83%
Original Mortgage
$265,600
Outstanding Balance
$237,550
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$192,791

Purchase Details

Listed on
Jan 23, 2021
Closed on
Feb 17, 2021
Sold by
Temkin Marshall Lewis and Survivor S Trust Under Temkin
Bought by
Conway Brian D
Seller's Agent
Richard Chamberlin
Compass
Buyer's Agent
Danita Conley
Jason Mitchell Real Estate California, Inc.
List Price
$349,000
Sold Price
$332,000
Premium/Discount to List
-$17,000
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Outstanding Balance
$237,550
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$192,791

Purchase Details

Closed on
Aug 17, 2017
Sold by
Temkin Marshall Lewis
Bought by
Temkin Marshall Lewis

Purchase Details

Closed on
Aug 18, 2008
Sold by
Temkin Marshall Lewis and Temkin Susan Diane
Bought by
Temkin Marshall Lewis

Purchase Details

Closed on
Jan 2, 2007
Sold by
Temkin Marshall Lewis and Temkin Susan Diane
Bought by
Temkin Marshall Lewis and Temkin Susan Diane

Purchase Details

Closed on
Dec 29, 2006
Sold by
Temkin Marshall Lewis and Temkin Susan Diane
Bought by
Temkin Marshall Lewis and Temkin Susan Diane

Purchase Details

Closed on
Jan 30, 1998
Sold by
Temkin Marshall L and Temkin Susan
Bought by
Temkin Marshall Lewis and Temkin Susan Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1997
Sold by
Temkin Marshall L and Temkin Susan
Bought by
Temkin Marshall L and Temkin Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
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
Temkin David -- Equity Title
Temkin Bradley -- Equity Title Company
Conway Brian D $332,000 Equity Title Company
Temkin Marshall Lewis -- None Available
Temkin Marshall Lewis -- None Available
Temkin Marshall Lewis -- Accommodation
Temkin Marshall Lewis -- Accommodation
Temkin Marshall Lewis -- First American Title Ins Co
Temkin Marshall L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Conway Brian D $265,600
Previous Owner Temkin Marshall Lewis $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $332,000 -4.9% $231 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
01/23/2021 01/23/21 For Sale $349,000 -- $242 / 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 $4,766 $359,364 $40,590 $318,774
2023 $4,766 $345,412 $39,015 $306,397
2022 $4,543 $338,640 $38,250 $300,390
2021 $2,662 $186,899 $43,650 $143,249
2020 $2,618 $184,984 $43,203 $141,781
2019 $2,574 $181,357 $42,356 $139,001
2018 $2,531 $177,802 $41,527 $136,275
2017 $2,484 $174,316 $40,713 $133,603
2016 $2,431 $170,899 $39,915 $130,984
2015 $2,438 $168,333 $39,316 $129,017
2014 $2,402 $165,038 $38,547 $126,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219056178

California Desert Association of REALTORS®

APN: 652-100-003