K
Seller's Agent in 2024
KEVIN KOONTZ
UNISOURCE REAL ESTATE
(951) 403-0994
2 Total Sales
72328 Canyon Ln Palm Desert, CA 92260
Estimated Value: $516,000 - $558,445
3
Beds
2
Baths
1,786
Sq Ft
$525/mo
HOA Fee
Highlights
- Heated Spa
- Primary Bedroom Suite
- Atrium Room
- Palm Desert High School Rated A
- Bridge View
- Contemporary Architecture
About This Home
As of July 2024Nestled in Cahuilla Hills is the enchanting community of Sommerset - in the heart of South Palm Desert. A rare opportunity to acquire one of the highly coveted condos on Canyon Lane. A perfect opportunity to enjoy breathtaking views while just moments away from the vibrant El Paseo shopping and dining district. This spacious home boasts vaulted ceilings and natural light throughout. Situated in a prime location within the complex and set on elevated ground, this home ensures an unobstructed panorama from the backyard. Lounge by the pool located directly in front of your patio or head over for a friendly match at the nearby tennis and pickleball courts. The unit is surrounded by sprawling lawn areas right off the patio, offering an ideal setting for outdoor entertainment or leisurely walks with your pet. Enjoy the ease of low-maintenance living, courtesy of the HOA, which covers 11 pools and spas, and upkeep of the common areas. Sommerset isn't just a place to live; it's a lifestyle choice, surrounded by lush lawns, stunning vistas, and close proximity to hiking trails, gourmet dining, and upscale shopping. Discover the epitome of desert living in a community that encapsulates relaxation, convenience, and natural beauty.
Last Agent to Sell the Property
UNISOURCE REAL ESTATE License #01195720 Listed on: 04/21/2024
Last Buyer's Agent
Stacey Smith
Redfin License #01845411
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,083
Year Built
- Built in 1978
Lot Details
- Two or More Common Walls
- Desert faces the front and back of the property
- Landscaped
- Lawn
HOA Fees
- $525 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- 1 Attached Carport Space
- Parking Available
- Single Garage Door
- Guest Parking
Property Views
- Pond
- Bridge
- City Lights
- Mountain
- Desert
- Pool
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Tile Roof
- Stucco
Interior Spaces
- 1,786 Sq Ft Home
- 2-Story Property
- Entryway
- Family Room
- Living Room with Attached Deck
- Dining Room
- Atrium Room
- Storage
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Electric Oven
- Self-Cleaning Oven
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Self-Closing Drawers
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom Suite
- Dressing Area
- Bathroom on Main Level
- 2 Full Bathrooms
- Makeup or Vanity Space
- Dual Vanity Sinks in Primary Bathroom
- Private Water Closet
- Low Flow Toliet
- Bathtub with Shower
- Multiple Shower Heads
- Walk-in Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Heated Spa
- Balcony
- Exterior Lighting
- Outdoor Grill
Schools
- Abraham Lincoln Elementary School
- La Quinta Middle School
- Palm Desert High School
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- ENERGY STAR Qualified Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 49
- Tax Tract Number 9377
- Assessor Parcel Number 652100006
- $423 per year additional tax assessments
Community Details
Overview
- 193 Units
- Sommerset Association, Phone Number (760) 610-7699
- Desert Resort Management HOA
- Sommerset So. Palm Desert Subdivision
- Maintained Community
Recreation
- Tennis Courts
- Pickleball Courts
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2024
Closed on
Jul 2, 2024
Sold by
Landis Kit and Hultzen Andrea K
Bought by
Hendricks James
Seller's Agent
KEVIN KOONTZ
UNISOURCE REAL ESTATE
Buyer's Agent
Stacey Smith
Redfin
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,139
Avg. Annual Appreciation
-1.65%
Original Mortgage
$486,000
Outstanding Balance
$480,139
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$48,722
Purchase Details
Listed on
Oct 20, 2020
Closed on
Feb 9, 2021
Sold by
Stiles Robert F and Stiles Margaret M
Bought by
Badakhsh Eiman and Fonseca Romy
Seller's Agent
Jelmberg Team
Keller Williams Realty
Buyer's Agent
Milli Rivezzo
Keller Williams Westlake Village
List Price
$407,000
Sold Price
$407,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Purchase Details
Closed on
Dec 21, 2011
Sold by
Leggett Joseph C and Leggett Janice
Bought by
Leggett Joseph C and Leggett Janice C
Purchase Details
Closed on
Nov 15, 2010
Sold by
Johan Karen J
Bought by
Stiles Robert F and Stiles Margaret M
Purchase Details
Closed on
Nov 9, 1999
Sold by
Simmons Terry E
Bought by
Johan Robert A and Johan Karen J
Purchase Details
Closed on
Nov 10, 1997
Sold by
Simmons Terry E
Bought by
Simmons Terry E
Purchase Details
Closed on
Apr 23, 1996
Sold by
Largent Frank D and Largent Helen M
Bought by
Simmons Terry E
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 |
|---|---|---|---|
| Hendricks James | $540,000 | None Listed On Document | |
| Badakhsh Eiman | $407,000 | None Available | |
| Leggett Joseph C | -- | None Available | |
| Stiles Robert F | $205,000 | Orange Coast Title Co | |
| Johan Robert A | $159,500 | Stewart Title | |
| Simmons Terry E | -- | -- | |
| Simmons Terry E | $121,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hendricks James | $486,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2024 07/03/24 | Sold | $540,000 | -1.8% | $302 / Sq Ft |
| 06/01/2024 06/01/24 | Pending | -- | -- | -- |
| 05/19/2024 05/19/24 | Price Changed | $549,900 | -4.4% | $308 / Sq Ft |
| 04/29/2024 04/29/24 | Price Changed | $575,000 | -4.0% | $322 / Sq Ft |
| 04/21/2024 04/21/24 | For Sale | $599,000 | 0.0% | $335 / Sq Ft |
| 05/26/2022 05/26/22 | Sold | $599,000 | 0.0% | $335 / Sq Ft |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 03/14/2022 03/14/22 | For Sale | $599,000 | +47.2% | $335 / Sq Ft |
| 03/17/2021 03/17/21 | Sold | $407,000 | 0.0% | $228 / Sq Ft |
| 10/20/2020 10/20/20 | For Sale | $407,000 | -- | $228 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $8,083 | $540,000 | $135,000 | $405,000 |
| 2023 | $8,083 | $610,980 | $183,600 | $427,380 |
| 2022 | $5,480 | $415,140 | $114,240 | $300,900 |
| 2021 | $3,344 | $242,624 | $84,913 | $157,711 |
| 2020 | $3,287 | $240,137 | $84,043 | $156,094 |
| 2019 | $3,230 | $235,430 | $82,396 | $153,034 |
| 2018 | $3,174 | $230,815 | $80,782 | $150,033 |
| 2017 | $3,115 | $226,291 | $79,199 | $147,092 |
| 2016 | $3,045 | $221,855 | $77,647 | $144,208 |
| 2015 | $3,055 | $218,525 | $76,482 | $142,043 |
| 2014 | $3,009 | $214,246 | $74,985 | $139,261 |
Source: Public Records
Agents Affiliated with this Home
-
KEVIN KOONTZ
-
S
Buyer's Agent in 2024
Stacey Smith
Redfin
-
S
Buyer's Agent in 2024
Stanton Smith
Coldwell Banker-Res R E Srv
-
B
Seller's Agent in 2022
Brandy Nelson
Windermere Homes & Estates
-
J
Seller's Agent in 2021
Jelmberg Team
Keller Williams Realty
-
Milli Rivezzo
Buyer's Agent in 2021
Milli Rivezzo
Keller Williams Westlake Village
(805) 300-2008
46 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24079587
APN: 652-100-006
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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