NOT LISTED FOR SALE

72380 Ridgecrest Ln Palm Desert, CA 92260

Estimated Value: $494,000 - $527,076

3 Beds
2 Baths
1,786 Sq Ft
$475/mo HOA Fee

Last Sold September 26, 2023

Last sale price $475,000 $266 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,724/month

29 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • 1 Car Attached Garage
  • Palm Desert High School Rated A
  • 2 Fireplaces
  • Tile Flooring

About This Home

As of September 2023

A South Palm Desert LIFESTYLE two level home in the non-gated hillside SOMMERSET community with wonderful Outdoor Living venues. The northwest unobstructed view overlooks a Greenbelt to the community Pool/Spa and Santa Rosa Mountain range. Main floor level is comprised of a large Living Room with private patio, formal Dining Room with adjoining open-air Atrium, spacious Kitchen with Casual Eating area opens to the private enclosed Courtyard, updated Cabinets/Granite counter tops, Second Guest Bedroom opens to Patio, Third Guest Bedroom/Den off main entry, laundry and a full Bathroom. Primary Private Bedroom is located on the Top Level with private Bathroom Ensuite, huge Closet space and Private Balcony. Adjacent to condo is One Bay garage and one Bay covered carport. Community amenities include 9 community pools, 3 tennis courts & pickle ball, hiking and cycling trails. Nearby is the renown El Paseo Shopping District/Restaurants/Art Galleries, public Golf Courses, Living Desert, Casinos, new Acrisure Arena/Professional Ice Hockey/major Concerts, Indian Wells Tennis/BNP Paribas Open, access to #10 FWY and the Palm Springs Int'l Airport all for your ease of access to valley amenities and your entertainment pleasure.

Last Agent to Sell the Property

Doug Balog

Compass License #01197951 Listed on: 08/28/2023

Compass

Co-Listed By

Doug Balog

Compass License #01197951

Last Buyer's Agent

Trent Teigen

Bennion Deville Homes License #01876687

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,269

Year Built

  • Built in 1978

Lot Details

  • 2,614

HOA Fees

  • $475 Monthly HOA Fees

Property Views

  • Mountain
  • Hills
  • Pool

Interior Spaces

  • 1,786 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

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

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 652180048

Community Details

Overview

  • Sommerset South Palm Desert Subdivision
  • Planned Unit Development

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,269

Year Built

Built in 1978

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Two
  • List Price per Sq Ft: 268.20
  • Lp Sp Ratio: 0.9900
  • View Type: Hills, Pool, Mountain(s)
  • Year Built: 1978
  • Co Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Co Listing Member Fax: (760) 773-3371
  • Co Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing I D: 219099118
  • Listing Member Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Listing Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • 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

  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1786.00

Exterior Features

  • 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: Guest
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

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

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 475.00
  • Total Monthly Association Fees: 475.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652180048
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2023
Sold by
Peggy Jane Keith Revocable Living Trust
Bought by
Payan Kelly E
Current Estimated Value
$514,269

Purchase Details

Closed on
Nov 2, 2022
Sold by
Keith Peggy
Bought by
Keith Peggy Jane Revocable Living Trust

Purchase Details

Closed on
Sep 22, 2009
Sold by
Chen Timothy I
Bought by
Keith Peggy Jane

Purchase Details

Closed on
Jul 7, 1999
Sold by
Jones Donald C Trustee
Bought by
Jones Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1994
Sold by
Jones Donald C and Jones Christine D
Bought by
Jones Donald C and Jones Christine D
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
Payan Kelly E -- None Listed On Document
Keith Peggy Jane Revocable Living Trust -- --
Keith Peggy Jane $230,000 Orange Coast Title Co
Jones Donald C -- American Title Co
Jones Donald C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Donald C $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $475,000 -0.8% $266 / Sq Ft
08/28/2023 08/28/23 For Sale $479,000 -- $268 / 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 $6,269 $484,500 $38,250 $446,250
2023 $6,269 $285,342 $99,867 $185,475
2022 $3,736 $279,748 $97,910 $181,838
2021 $3,646 $274,264 $95,991 $178,273
2020 $3,525 $266,728 $93,194 $173,534
2019 $3,431 $258,960 $90,480 $168,480
2018 $3,310 $249,000 $87,000 $162,000
2017 $3,014 $225,000 $79,000 $146,000
2016 $2,963 $222,000 $78,000 $144,000
2015 $3,049 $247,021 $86,457 $160,564
2014 $3,267 $242,184 $84,764 $157,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219099118

California Desert Association of REALTORS®

APN: 652-180-048