NOT LISTED FOR SALE

72316 Sommerset Dr Palm Desert, CA 92260

Estimated Value: $435,000 - $479,000

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

Last Sold March 12, 2021

Last sale price $345,000 $240 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,350/month

58 Days on Market

Highlights

  • In Ground Pool
  • City View
  • Atrium Room
  • Palm Desert High School Rated A
  • Updated Kitchen
  • 1 Fireplace

About This Home

As of March 2021

Nestled up high in the South Palm Desert community of Sommerset, this charming condo has been thoughtfully renovated and features breathtaking VIEWS. From the elevated backyard, you have incredible city views! Upon entry, take note of both the front and atrium doors, which were changed to a wooden french style to flow with the wood-look tile in the home. Window coverings include Duette shades across the back of the house and the other windows have wooden blinds. Kitchen cabinets have been refinished and new appliances have been installed. There are stunning granite counters in both the kitchen and guest bathroom. The Master bath has a new travertine counter and the sinks and shower have been redone in travertine. Additionally, Sola tube skylights were added for additional light in the unit. All lighting has been upgraded to recessed cans and art lights on dimmer switches. The den has a custom closet and built-in desk area to accommodate a computer and printer. The former owner custom-built the slate wall water feature in the atrium. This prime location offers close hiking access to the Palm Desert trails and not to mention you're right down the street from El Paseo, offering world class shopping and dining. You won't want to miss this one.

Last Agent to Sell the Property

Bahareh Kamoei

BBS Brokers Realty License #01873752 Listed on: 01/13/2021

Last Buyer's Agent

Michael Fogarty

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1978

Lot Details

  • 3,049

HOA Fees

  • $455 Monthly HOA Fees

Property Views

  • City
  • Park or Greenbelt
  • Pool

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • 1 Fireplace
  • Blinds
  • French Doors
  • Sliding Doors
  • Dining Area
  • Den
  • Atrium Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Covered patio or porch
  • Sprinkler System
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 652100032

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,850

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
  • Levels: One
  • Included In Sale: washer, dryer, refrigerator
  • List Price per Sq Ft: 249.31
  • Lp Sp Ratio: 0.9600
  • View Type: City, Pool, Park/Green Belt
  • Year Built: 1978
  • Co Listing Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Co Listing Member Fax: (760) 406-9883
  • Co Listing Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Listing I D: 219055630
  • Listing Member Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Listing Office Address: 77564 Country Club Dr. #250, Palm Desert, CA 92211
  • Selling Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Selling Office Fax: (760) 773-3959
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Washer, Refrigerator, Dishwasher
  • Interior Amenities: Recessed Lighting
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Bathroom Features: Tile Shower
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Nook, Dining Area
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Closet
  • Estimated Sq Ft: 1440.00
  • Windows Treatments: Blinds

Exterior Features

  • Patio: Covered
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • 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: Garage Door Opener
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

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

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash
  • Association Amenities: Guest Parking, Tennis Courts, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 455.00
  • Total Monthly Association Fees: 455.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652100032
  • Irrigation: Sprinkler System
  • Lot Size: 3049.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 22, 2021
Sold by
Moore Lynn and George M Pruss Living Trust
Bought by
Eddy John Dwight
Seller's Agent
Bahareh Kamoei
BBS Brokers Realty
Buyer's Agent
Michael Fogarty
First Team Real Estate
List Price
$379,000
Sold Price
$345,000
Premium/Discount to List
-$34,000
-8.97%
Current Estimated Value
$450,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,958
Avg. Annual Appreciation
6.18%
Original Mortgage
$276,000
Outstanding Balance
$248,536
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$200,352

Purchase Details

Closed on
Dec 22, 2003
Sold by
Pruss George M
Bought by
Pruss George M

Purchase Details

Closed on
Dec 6, 1998
Sold by
Whittier Edward James and Whittier Marilyn Dian
Bought by
Pruss George M and Pruss Carol A

Purchase Details

Closed on
Dec 9, 1993
Sold by
Whittier Edward James and Whittier Marilyn Dian
Bought by
Whittier Edward James and Whittier Marilyn Dian
Source: Public Records

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 Buyer Sale Price Title Company
Eddy John Dwight $345,000 Lawyers Title Company
Pruss George M -- --
Pruss George M $110,000 Chicago Title Co
Whittier Edward James -- --
Whittier Edward James -- --
Whittier Edward James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eddy John Dwight $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $345,000 -3.9% $240 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $359,000 -5.3% $249 / Sq Ft
01/13/2021 01/13/21 For Sale $379,000 -- $263 / 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 $4,850 $616,982 $129,890 $487,092
2023 $4,850 $358,938 $124,848 $234,090
2022 $4,619 $351,900 $122,400 $229,500
2021 $4,047 $300,000 $75,001 $224,999
2020 $2,201 $157,653 $39,407 $118,246
2019 $2,164 $154,563 $38,635 $115,928
2018 $2,127 $151,533 $37,878 $113,655
2017 $2,087 $148,563 $37,136 $111,427
2016 $2,042 $145,651 $36,408 $109,243
2015 $2,046 $143,465 $35,862 $107,603
2014 $2,015 $140,657 $35,160 $105,497
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219055630

California Desert Association of REALTORS®

APN: 652-100-032