NOT LISTED FOR SALE

72389 Ridgecrest Ln Palm Desert, CA 92260

Estimated Value: $347,000 - $560,000

2 Beds
2 Baths
1,428 Sq Ft
$455/mo HOA Fee

Last Sold November 03, 2021

Last sale price $395,000 $277 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,305/month

52 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • 1 Fireplace
  • Palm Desert High School Rated A
  • Atrium Room
  • End Unit

About This Home

As of November 2021

Sommerset is located on Highway 74 in an enclave surrounded by high end golf communities. This is 2 bdrm 2 bath with atrium. Nice floorplan with separate bedrooms. Master bedroom has private attached bath and guest bedroom access to adjacent hall bath. Laundry closet in hallway. Dining area next to kitchen and small eating area inside kitchen. Sliding doors open to patio on greenbelt area. Several pools & spas + tennis courts are included in HOA. This very desirable are high in South Palm Desert is close to El Paseo shopping and dining and many private golf clubs.

Last Agent to Sell the Property

Marilyn Ford

Bennion Deville Homes License #00595227 Listed on: 09/10/2021

Bennion Deville Homes

Last Buyer's Agent

Chris Burbach

Windermere Real Estate License #02001705

Windermere Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,399

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Southwest Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

  • $455 Monthly HOA Fees

Home Design

  • Turnkey
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,428 Sq Ft Home
  • 1 Fireplace
  • Vertical Blinds
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Atrium Room

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool
  • Spa Fenced

Schools

  • Washington Charter Elementary School
  • Palm Desert Charter Middle School
  • Palm Desert High School

Utilities

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

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 652180024

Community Details

Overview

  • Sommerset South Palm Desert Subdivision
  • On-Site Maintenance
  • Greenbelt
  • Planned Unit Development

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,399

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
  • Property Orientation Faces: Front Door Faces South, Front Door Faces West
  • Levels: Ground
  • Disability Access: No Interior Steps
  • Entry Location: Ground Level - No Steps, Foyer
  • Included In Sale: Furnished per inventory on file
  • List Price per Sq Ft: 280.04
  • Lp Sp Ratio: 0.9900
  • Water District Name: CVWD
  • Year Built: 1978
  • Listing I D: 219067424
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Office Address: 800 N Palm Canyon Dr, Suite D& E, Palm Springs, CA 92262
  • Selling Office Fax: (760) 832-6203
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Electric Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Nook, Dining Area
  • Laundry: In Closet
  • Estimated Sq Ft: 1428.00
  • Windows Treatments: Vertical Blinds, Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit
  • Foundation: Slab
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Gate
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Fenced

Garage/Parking

  • Garage: Yes
  • Garage Description: Detached
  • Parking: Garage Door Opener, Driveway
  • Total Carport Spaces: 1.00
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Maintenance Grounds, Management
  • HOA Information: Yes
  • HOA Fee 1: 455.00
  • Total Monthly Association Fees: 455.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652180024
  • Irrigation: Sprinkler System
  • Lot Description: Landscaped
  • Lot Location: Greenbelt
  • Lot Size: 2613.00

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert Charter
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 7, 2021
Sold by
Tucker Peter and Tucker Susan A
Bought by
Motowidlak Glenn M
Seller's Agent
Marilyn Ford
Bennion Deville Homes
Buyer's Agent
Chris Burbach
Windermere Real Estate
List Price
$420,000
Sold Price
$395,000
Premium/Discount to List
-$25,000
-5.95%
Current Estimated Value
$452,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,733
Avg. Annual Appreciation
2.42%
Original Mortgage
$355,500
Outstanding Balance
$325,947
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$107,704

Purchase Details

Closed on
Apr 11, 2008
Sold by
Holmberg Olga E
Bought by
Tucker Peter and Tucker Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,640
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1996
Sold by
Arthur Holmberg and Holmberg Olga E
Bought by
Holmberg Arthur and Holmberg Olga E
Source: Public Records

Range of Values:

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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
Motowidlak Glenn M $395,000 Orange Coast Title Company
Tucker Peter $282,500 First American Title Company
Holmberg Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motowidlak Glenn M $355,500
Previous Owner Tucker Peter $225,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2021 11/03/21 Sold $395,000 -1.2% $277 / Sq Ft
09/20/2021 09/20/21 Price Changed $399,900 -4.8% $280 / Sq Ft
09/10/2021 09/10/21 For Sale $420,000 -- $294 / 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 $5,399 $419,175 $143,260 $275,915
2023 $5,399 $402,899 $137,698 $265,201
2022 $5,147 $395,000 $134,999 $260,001
2021 $3,937 $291,046 $101,336 $189,710
2020 $3,584 $264,586 $92,123 $172,463
2019 $3,490 $256,880 $89,440 $167,440
2018 $3,371 $247,000 $86,000 $161,000
2017 $2,978 $215,000 $75,000 $140,000
2016 $2,878 $208,000 $73,000 $135,000
2015 $2,815 $199,000 $70,000 $129,000
2014 $2,932 $208,000 $73,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Marilyn Ford

    Seller's Agent in 2021

    Marilyn Ford

    Bennion Deville Homes

    (760) 567-8980

    83 Total Sales

    Marilyn Ford
    Section Image

  • C

    Buyer's Agent in 2021

    Chris Burbach

    Windermere Real Estate

    (314) 650-4248

    11 Total Sales

    Chris Burbach
    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219067424

California Desert Association of REALTORS®

APN: 652-180-024

California Riverside County Palm Desert 92260

72389 Ridgecrest Ln, Palm Desert, CA

This home is located at 72389 Ridgecrest Ln, Palm Desert, CA 92260 since 10 September 2021 and is currently estimated at $452,733, approximately $317 per square foot. This property was built in 1978. 72389 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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