72314 Merry Vale Way Palm Desert, CA 92260
Estimated Value: $445,000 - $550,021
3
Beds
2
Baths
1,654
Sq Ft
$425/mo
HOA Fee
Highlights
- In Ground Pool
- Panoramic View
- Tennis Courts
- Palm Desert High School Rated A
- 1 Fireplace
- 2 Car Detached Garage
About This Home
As of April 2020Desert Living at its best! Rare find in the highly coveted Sommerset Community located in South Palm Desert. Charming 3 Bedroom 2 Bathroom condo with enclosed atrium. Spacious living room features high ceilings and airy layout. Elevated lot offers breathtaking panoramic mountain and city views from dining room and back patio areas. Brand new energy efficient HVAC system and water heater. Freshly painted interior, steam cleaned carpets, polished tile flooring. Popular two-car garage with ample storage attached to the home. Convenient indoor laundry setup with washer and dryer. Minutes away from the famous El Paseo with great shopping & restaurants. Short drive to Whole Foods and Trader Joe's. Surrounded by Hiking and Biking trails. Community has Tennis courts with Pickleball and great community pools with mountain views. Great for both a seasonal vacation property or a full time resident.
Last Agent to Sell the Property
Bennion Deville Homes License #01876687 Listed on: 02/07/2020
Last Buyer's Agent
Trent Teigen
Bennion Deville Homes License #01876687
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,194
Year Built
- Built in 1979
Lot Details
- 3,045
HOA Fees
- $425 Monthly HOA Fees
Parking
- 2 Car Detached Garage
Property Views
- Panoramic
- Mountain
Interior Spaces
- 1,654 Sq Ft Home
- Partially Furnished
- 1 Fireplace
- Formal Entry
- Living Room
- Dining Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Pool
- In Ground Pool
- Heated Spa
- In Ground Spa
Additional Features
- Sprinkler System
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 652190043
Community Details
Overview
- Sommerset South Palm Desert Subdivision
- On-Site Maintenance
- Planned Unit Development
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Pet Restriction
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 13, 2023
Sold by
Ross Terrance J
Bought by
Terrance J Ross Trust
Total Days on Market
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$140,968
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$338,018
Purchase Details
Closed on
Dec 30, 2021
Sold by
Ross Terrance J
Bought by
Terrance J Ross Trust
Purchase Details
Listed on
Feb 7, 2020
Closed on
Mar 3, 2020
Sold by
Bernstein Michael E and The Taylor Allwine Living Trus
Bought by
Ross Terrance J
Seller's Agent
Trent Teigen
Bennion Deville Homes
Buyer's Agent
Trent Teigen
Bennion Deville Homes
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$1,000,000
Interest Rate
3.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 8, 2009
Sold by
Taylor Allwine Wayne and Taylor Allwine Russi
Bought by
Allwine Wayne and Taylor Russi
Purchase Details
Closed on
May 14, 1999
Sold by
Cooke Robert W
Bought by
Taylor Allwine Wayne and Taylor Allwine Russi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.86%
Purchase Details
Closed on
Oct 7, 1997
Sold by
Cooke Doris E
Bought by
Cooke Robert W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.54%
Purchase Details
Closed on
Aug 14, 1996
Sold by
Tuppan L John and Tuppan Annie M
Bought by
Cooke Robert W and Cooke Doris E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,400
Interest Rate
7.25%
Similar Homes in Palm Desert, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terrance J Ross Trust | -- | -- | |
| Ross Terrance J | -- | -- | |
| Terrance J Ross Trust | -- | Desert Law Group | |
| Ross Terrance J | $285,000 | Chicago Title | |
| Allwine Wayne | -- | None Available | |
| Taylor Allwine Wayne | $147,000 | First American Title Co | |
| Cooke Robert W | -- | Fidelity National Title Co | |
| Cooke Robert W | $131,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ross Terrance J | $150,000 | |
| Previous Owner | Ross Terrance J | $225,000 | |
| Previous Owner | Ross Terrance J | $1,000,000 | |
| Previous Owner | Taylor Russi | $75,100 | |
| Previous Owner | Taylor Allwine Wayne | $106,000 | |
| Previous Owner | Taylor Allwine Wayne | $117,600 | |
| Previous Owner | Cooke Robert W | $35,000 | |
| Previous Owner | Cooke Robert W | $124,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2020 04/09/20 | Sold | $285,000 | -4.7% | $172 / Sq Ft |
| 02/07/2020 02/07/20 | For Sale | $299,000 | -- | $181 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $4,194 | $299,583 | $39,417 | $260,166 |
| 2022 | $3,993 | $293,710 | $38,645 | $255,065 |
| 2021 | $3,899 | $287,952 | $37,888 | $250,064 |
| 2020 | $3,710 | $275,000 | $75,000 | $200,000 |
| 2019 | $2,880 | $206,565 | $49,177 | $157,388 |
| 2018 | $2,831 | $202,515 | $48,213 | $154,302 |
| 2017 | $2,778 | $198,545 | $47,268 | $151,277 |
| 2016 | $2,717 | $194,653 | $46,342 | $148,311 |
| 2015 | $2,726 | $191,731 | $45,647 | $146,084 |
| 2014 | $2,685 | $187,976 | $44,753 | $143,223 |
Source: Public Records
Agents Affiliated with this Home
-
Trent Teigen
T
Seller's Agent in 2020
Trent Teigen
Bennion Deville Homes
(760) 641-0075
36 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219038591
APN: 652-190-043
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