NOT LISTED FOR SALE

72342 Sommerset Dr Palm Desert, CA 92260

Estimated Value: $449,000 - $502,863

3 Beds
2 Baths
1,744 Sq Ft
$525/mo HOA Fee

Last Sold September 05, 2024

Last sale price $465,000 $267 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,304/month

168 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • End Unit
  • Palm Desert High School Rated A
  • Property is near a park
  • Tennis Courts

About This Home

As of September 2024

Welcome to Sommerset in South Palm Desert! Incredible opportunity to own a 3 bedroom/2 bathroom unit with STUNNING views, minutes from EL PASEO! This home is perfectly situated within the community, elevated above the other units, not too close and not too far from both community pools and tennis/pickle ball courts. Also, this unit is in one of the only areas of the complex where you have massive views AND a substantial amount of grass off the patio, perfect for entertaining! Atrium was converted into an office. HVAC was replaced in 2020. Water Culligan system installed in 2023. HOA is $525 a month, which includes 11 pools and spas, maintenance of common grounds, front and back of the property, plus painting of exterior every 7 years. Sommerset is a an amazing community with incredible grounds near hiking trails, fine dining and shopping.

Last Agent to Sell the Property

Tyson Hawley

Desert Sotheby's Int'l Realty License #01995154 Listed on: 03/08/2024

Desert Sotheby's Int'l Realty

Last Buyer's Agent

Betty Callaway

Century 21 Affiliated Fine Homes & Estates License #01073891

Century 21 Affiliated Fine Homes & Estates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 1978

Lot Details

  • Property fronts a private road
  • End Unit
  • Landscaped
  • Sprinklers on Timer

HOA Fees

  • $525 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Park or Greenbelt
  • Pool

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,744 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Living Room
  • Dining Area
  • Den
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Shower Only

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Pool

  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Location

  • Property is near a park

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 652100039

Community Details

Overview

  • Association fees include building & grounds
  • Sommerset South Palm Desert Subdivision
  • Greenbelt

Amenities

  • Community Mailbox

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa
  • Hiking Trails

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,999

Year Built

Built in 1978

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • List Price per Sq Ft: 286.41
  • Lp Sp Ratio: 0.9300
  • View Type: City Lights, Pool, Panoramic, Park/Green Belt, Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1978
  • Listing I D: 219108133
  • Listing Member Address: 78065 Main Street, Suite C 101, La Quinta, CA 92253
  • Listing Office Address: 78065 Main Street, Suite C 101, La Quinta, CA 92253
  • Selling Office Address: 16745 W. Bernardo #200, San Diego City, CA 92127
  • Selling Office Fax: (619) 337-1703
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Dishwasher
  • Flooring: Tile
  • Bedroom Features: Main Floor Primary Bedroom, Primary Suite, Primary Retreat
  • Total Bedrooms: 3
  • Bathroom Features: Tile Shower
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Kitchen Island, Dining Area
  • Laundry: In Closet
  • Estimated Sq Ft: 1744.00

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Guest, Driveway, Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Sewer: Unknown
  • Water: Water District

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Guest Parking, Tennis Courts, Sport Court, Hiking Trails
  • HOA Information: Yes
  • HOA Fee 1: 525.00
  • Total Monthly Association Fees: 525.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652100039
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Description: Landscaped
  • Lot Location: Greenbelt, Private Road, Park Nearby
  • Lot Size: 3049.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
Aug 2, 2024
Sold by
Edward R Nadzan And Karen A Nadzan 2018 and Nadzan Edward R
Bought by
Ruiz Martha Patricia
Seller's Agent
Tyson Hawley
Desert Sotheby's Int'l Realty
Buyer's Agent
Betty Callaway
Century 21 Affiliated Fine Homes & Estates
List Price
$575,000
Sold Price
$465,000
Premium/Discount to List
-$110,000
-19.13%
Views
112
Current Estimated Value
$476,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,966
Avg. Annual Appreciation
2.40%
Original Mortgage
$115,000
Outstanding Balance
$113,676
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$363,290

Purchase Details

Closed on
Nov 29, 2018
Sold by
Nadzan Edward R and Nadzan Karen A
Bought by
Nadzan Edward R and Nadzan Karen A

Purchase Details

Closed on
May 25, 2000
Sold by
Nadzan Karen A
Bought by
Nadzan Edward R and Nadzan Karen A
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
Ruiz Martha Patricia $465,000 First American Title
Nadzan Edward R -- None Available
Nadzan Edward R -- --
Nadzan Karen A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Martha Patricia $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2024 09/05/24 Sold $465,000 -6.9% $267 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $499,500 -4.9% $286 / Sq Ft
04/30/2024 04/30/24 Price Changed $525,000 -8.7% $301 / Sq Ft
03/08/2024 03/08/24 For Sale $575,000 -- $330 / 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 $2,999 $465,000 $116,000 $349,000
2023 $2,999 $203,905 $44,305 $159,600
2022 $2,844 $199,908 $43,437 $156,471
2021 $2,773 $195,989 $42,586 $153,403
2020 $2,727 $193,981 $42,150 $151,831
2019 $2,681 $190,178 $41,324 $148,854
2018 $2,636 $186,450 $40,514 $145,936
2017 $2,587 $182,795 $39,720 $143,075
2016 $2,531 $179,212 $38,942 $140,270
2015 $2,538 $176,522 $38,358 $138,164
2014 $2,501 $173,065 $37,607 $135,458
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219108133

California Desert Association of REALTORS®

APN: 652-100-039