NOT LISTED FOR SALE

72314 Valley Crest Ln Palm Desert, CA 92260

Estimated Value: $427,000 - $467,000

2 Beds
2 Baths
1,440 Sq Ft
$425/mo HOA Fee

Last Sold August 13, 2018

Last sale price $240,255 $167 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,217/month

129 Days on Market

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Deck
  • Palm Desert High School Rated A
  • Atrium Room
  • Bonus Room

About This Home

As of August 2018

Gorgeous views from this light filled, turnkey ready, corner unit. Sommerset is nestled against the hills in South Palm Desert, pools, tennis and location, make this a very desirable community. This condo has beautiful mountain and city lights views. a short distance from the El Paseo shopping/dining district, hiking trails, groceries, theaters and more. The open floor plan coupled with an atrium and high ceilings allows lots of natural light to flow in. The kitchen has plenty of countertop & cabinetry space, a breakfast bar, and additional dining area. The bonus area is being used as a music center but can also be a formal dining area or office space.

Last Agent to Sell the Property

Carol Corcoran

Desert Lifestyle Properties License #01486110 Listed on: 02/20/2018

Last Buyer's Agent

Mary Yeakel

Bennion Deville Homes License #01799679

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,911

Year Built

  • Built in 1979

Lot Details

  • End Unit
  • Home has sun exposure from multiple directions
  • Landscaped
  • Paved or Partially Paved Lot

HOA Fees

  • $425 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain
  • Hills
  • Pool

Home Design

  • Turnkey
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Vertical Blinds
  • Living Room
  • Dining Area
  • Bonus Room
  • Atrium Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Direct Access Garage
  • 1 Attached Carport Space
  • Guest Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Deck
  • Built-In Barbecue

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 652190030

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Sport Court
  • 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

$4,911

Year Built

Built in 1979

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North, Leisure Faces West
  • Levels: Ground Level, No Unit Above, One
  • Builders Tract Code: Sommerset So. Palm D
  • Entry Location: Main Level
  • Included In Sale: Turnkey furnished
  • List Price per Sq Ft: 180.49
  • Lp Sp Ratio: 0.9244
  • View Type: City Lights, Pool, Mountain(s), Hills
  • Year Built: 1979
  • Listing I D: 218006146
  • Listing Member Address: 200 N. Sunrise Way, Ste. B, Palm Springs, CA 92262
  • Listing Office Address: 200 N. Sunrise Way, Ste. B, Palm Springs, CA 92262
  • Listing Office Fax: (760) 646-8885
  • Selling Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 340-9254
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Washer, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: High Ceilings (9 Ft+)
  • Flooring: Laminate, Tile
  • Bedroom Features: All Bedrooms Down, Primary Suite, Main Floor Primary Bedroom
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s)
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: In Closet, Laundry Area
  • Estimated Sq Ft: 1440.00
  • Windows Treatments: Vertical Blinds, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, End Unit
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Patio: Deck
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Heated, Not Heated
  • Pool Location: Community
  • 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, Direct Entrance, Guest
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Cable TV
  • Association Amenities: Pet Rules, Tennis Courts, Sport Court
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • Total Monthly Association Fees: 425.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 652190030
  • Lot Acres: 0.0600
  • Lot Description: Landscaped, Street Lighting, Street Paved
  • Lot Location: Corner Lot
  • Lot Size: 2614.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2021
Sold by
Desilva Dimitri Mahanel
Bought by
Manomi Shehera De Silva Revocable Trust and De Silva
Current Estimated Value
$449,530

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jul 2, 2018
Sold by
Schilling Rainer Michael and Schilling Christina Elisabeth
Bought by
Silva Dimitri Mahanel De
Seller's Agent
Carol Corcoran
Desert Lifestyle Properties
Buyer's Agent
Mary Yeakel
Bennion Deville Homes
List Price
$269,000
Sold Price
$240,255
Premium/Discount to List
-$28,745
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.17%
Original Mortgage
$216,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2014
Closed on
Jun 4, 2014
Sold by
Powell Debra B
Bought by
Schilling Rainer Michael and Schilling Christina Elisabeth
Seller's Agent
Tina Airey
Coldwell Banker Realty
Buyer's Agent
Carol Corcoran
Greater Palm Springs Realty
List Price
$209,900
Sold Price
$227,000
Premium/Discount to List
$17,100
8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Oct 28, 2003
Sold by
Powell Debra B
Bought by
Powell Debra B

Purchase Details

Closed on
Jun 25, 1999
Sold by
Powell Russell K
Bought by
Powell Russell K

Purchase Details

Closed on
Apr 16, 1998
Sold by
Harrington Everett E and Harrington Beverly J
Bought by
Powell Russell K

Purchase Details

Closed on
Oct 26, 1993
Sold by
Andreoni Jill
Bought by
Harrington Everett E and Harrington Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Manomi Shehera De Silva Revocable Trust -- None Listed On Document
Silva Dimitri Mahanel De $240,000 Lawyers Title Company
Schilling Rainer Michael $227,000 Lawyers Title Company
Powell Debra B -- --
Powell Russell K -- --
Powell Russell K $115,000 --
Harrington Everett E $119,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silva Dimitri Mahanel De $216,000
Previous Owner Harrington Everett E $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $240,255 -7.6% $167 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/24/2018 06/24/18 Price Changed $259,900 -3.4% $180 / Sq Ft
02/20/2018 02/20/18 For Sale $269,000 +18.5% $187 / Sq Ft
06/26/2014 06/26/14 Sold $227,000 -1.3% $158 / Sq Ft
05/23/2014 05/23/14 Price Changed $229,900 -2.1% $160 / Sq Ft
03/11/2014 03/11/14 Price Changed $234,900 +11.9% $163 / Sq Ft
03/10/2014 03/10/14 For Sale $209,900 -- $146 / 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 $4,911 $371,422 $132,651 $238,771
2023 $4,911 $357,000 $127,500 $229,500
2022 $4,682 $350,000 $125,000 $225,000
2021 $3,402 $247,336 $61,834 $185,502
2020 $3,344 $244,800 $61,200 $183,600
2019 $3,285 $240,000 $60,000 $180,000
2018 $3,341 $244,558 $61,138 $183,420
2017 $3,278 $239,764 $59,940 $179,824
2016 $3,205 $235,064 $58,765 $176,299
2015 $3,215 $231,534 $57,883 $173,651
2014 $1,925 $126,326 $39,066 $87,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218006146

California Desert Association of REALTORS®

APN: 652-190-030