NOT LISTED FOR SALE

72384 Ridgecrest Ln Palm Desert, CA 92260

Estimated Value: $380,559 - $467,000

2 Beds
2 Baths
1,320 Sq Ft
$375/mo HOA Fee

Last Sold July 12, 2013

Last sale price $205,000 $155 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,857/month

25 Days on Market

Highlights

  • City Lights View
  • Secondary bathroom tub or shower combo
  • Ceramic Tile Flooring
  • Palm Desert High School Rated A
  • Tennis Courts
  • Guest Parking

About This Home

As of July 2013

South Palm Desert - Very Desirable area near El Paseo. Fabulous Down Valley and Mountain Views right from your private quiet end unit. Offered turn key furnished, this 2 bedroom, 2 bathroom condo was renovated with a beautiful kitchen highlighted by granite countertops, stainless steel appliances, wood cabinets, new AC, paint. This condo is ideal as a vacation home ,rental or investor. Home has history of resort rentals for snowbirds and currently has $8800 rental committment for Dec 2013 - Mar 31, 2014. This can be cancelled or new buyer can accept as immediate income - the choice is yours!Community pools & tennis within walking distance. Palm Desrt Resident golf rates with Desert Willow Golf Course available. Homeowners' dues include exterior maintenance + roof, ext. pest control, landscaping, trash.

Last Agent to Sell the Property

Kathryn Golden

HK Lane Real Estate License #01789954 Listed on: 05/29/2013

Last Buyer's Agent

Jenell VanDenBos

Bennion Deville Homes License #01833698

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,476

Year Built

  • Built in 1978

Lot Details

  • 2,614

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Guest Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Turnkey
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Sliding Doors
  • Entryway
  • Family Room
  • Dining Area

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Laundry

  • Dryer
  • Washer

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 652180046

Community Details

Overview

  • Sommerset South Palm Desert Subdivision

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,476

Year Built

Built in 1978

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Builders Tract Code: Sommerset So. Palm D
  • Entry Location: Main Level
  • List Price per Sq Ft: 166.67
  • Lp Sp Ratio: 0.9318
  • View Type: City Lights, Mountain(s)
  • Year Built: 1978
  • Listing I D: 21476242
  • Listing Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Listing Office Fax: (760) 541-4899
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Ice Maker - Standalone, Washer, Refrigerator, Disposal, Dishwasher
  • Flooring: Carpet, Ceramic Tile
  • Total Bedrooms: 2
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Estimated Sq Ft: 1320.00
  • Windows Treatments: Drapes

Exterior Features

  • Roofing: Concrete, Tile
  • View: Yes

Garage/Parking

  • Parking: Guest

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 375.00
  • Total Monthly Association Fees: 375.00
  • Unit Location: Ground Floor

Lot Info

  • Assessor Parcel Number: 652180046
  • Lot Acres: 0.0600
  • Lot Size: 2614.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2013
Closed on
Jun 11, 2013
Sold by
Groves James F and Groves Patricia D
Bought by
Fontes Jenell L
Seller's Agent
Kathryn Golden
HK Lane Real Estate
Buyer's Agent
Jenell VanDenBos
Bennion Deville Homes
List Price
$219,999
Sold Price
$205,000
Premium/Discount to List
-$14,999
-6.82%
Current Estimated Value
$413,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,390
Avg. Annual Appreciation
5.90%
Original Mortgage
$115,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2008
Sold by
Groves James F and Groves Patricia D
Bought by
Groves James F and Groves Patricia D

Purchase Details

Closed on
Jan 10, 2000
Sold by
True Rose Marie N
Bought by
Groves James F and Groves Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 1993
Sold by
True Lawrence Y and True Rose Marie N
Bought by
True Lawrence Y and True Rose Marie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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
Fontes Jenell L $205,000 Chicago Title Company
Groves James F -- None Available
Groves James F $115,000 Commonwealth Land Title Co
True Lawrence Y -- Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Fontes Jenell L $115,000
Previous Owner Groves James F $92,000
Previous Owner True Lawrence Y $104,000
Closed Groves James F $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $205,000 -6.8% $155 / Sq Ft
06/23/2013 06/23/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $219,999 -- $167 / 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 $3,476 $251,289 $62,818 $188,471
2023 $3,476 $241,533 $60,380 $181,153
2022 $3,302 $236,798 $59,197 $177,601
2021 $3,222 $232,156 $58,037 $174,119
2020 $3,168 $229,776 $57,442 $172,334
2019 $3,113 $225,271 $56,316 $168,955
2018 $3,059 $220,855 $55,212 $165,643
2017 $3,001 $216,526 $54,130 $162,396
2016 $2,934 $212,281 $53,069 $159,212
2015 $2,942 $209,094 $52,273 $156,821
2014 $2,898 $205,000 $51,250 $153,750
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kathryn Golden

    HK Lane Real Estate

  • J

    Buyer's Agent in 2013

    Jenell VanDenBos

    Bennion Deville Homes

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 21476242

California Desert Association of REALTORS®

APN: 652-180-046

California Riverside County Palm Desert 92260

72384 Ridgecrest Ln, Palm Desert, CA

This home is located at 72384 Ridgecrest Ln, Palm Desert, CA 92260 since 29 May 2013 and is currently estimated at $413,390, approximately $313 per square foot. This property was built in 1978. 72384 Ridgecrest Ln is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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