NOT LISTED FOR SALE

72390 Ridgecrest Ln Palm Desert, CA 92260

Estimated Value: $417,000 - $526,000

3 Beds
2 Baths
1,654 Sq Ft
$425/mo HOA Fee

Last Sold March 30, 2016

Last sale price $229,700 $139 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,264/month

6 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Cul-De-Sac
  • Palm Desert High School Rated A
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of March 2016

Beautiful single level with mountain, pool and tennis court views. Stainless steel gas range, tile counters and island in kitchen. Windows and sliding doors replaced with dual pane. Tile flooring in kitchen, entry, hallway and master bath. Pools and tennis courts in complex. Rare opportunity to own in Sommerset.

Last Agent to Sell the Property

Rich La Rue

HomeSmart License #01793617 Listed on: 01/26/2016

HomeSmart

Last Buyer's Agent

Joan MacPherson

Bennion Deville Homes License #00579442

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,721

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • East Facing Home

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Valley

Interior Spaces

  • 1,654 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Listing and Financial Details

  • Assessor Parcel Number 652180043

Community Details

Overview

  • Sommerset South Palm Desert Subdivision
  • On-Site Maintenance
  • Greenbelt

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,721

Year Built

Built in 1978

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builders Tract Code: Sommerset So. Palm D
  • Entry Location: Foyer
  • List Price per Sq Ft: 138.88
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Valley
  • Year Built: 1978
  • Listing I D: 216003369
  • Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Member Fax: (760) 424-3669
  • Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 74996 Highway 111, Indian Wells Luxury Homes, Indian Wells, CA 92210
  • Selling Office Fax: (760) 674-3453
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1654.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Call

Condo/Co-op/Association

  • Association Amenities: Maintenance Grounds, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • Total Monthly Association Fees: 425.00

Lot Info

  • Assessor Parcel Number: 652180043
  • Lot Acres: 0.0600
  • Lot Location: Cul-De-Sac, Greenbelt
  • Lot Size: 2614.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Holan Jon
Bought by
Holan Jon R and Jon Holan Trust
Current Estimated Value
$477,079

Purchase Details

Listed on
Jan 26, 2016
Closed on
Feb 25, 2016
Sold by
Sleight Charles L and Sleight Susan G
Bought by
Holan Jon and Holan Sally A
Seller's Agent
Rich La Rue
HomeSmart
Buyer's Agent
Joan MacPherson
Bennion Deville Homes
List Price
$229,700
Sold Price
$229,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$206,700
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2012
Closed on
Jul 30, 2012
Sold by
Fannie Mae
Bought by
Sleight Charles L and Sleight Susan G
Seller's Agent
Ed Pedalino
Anthony Brunner
Buyer's Agent
Tracey La Rue
HomeSmart Professionals
List Price
$161,000
Sold Price
$162,450
Premium/Discount to List
$1,450
0.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Oct 21, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 19, 2011
Sold by
Nelson Richard B and Nelson Tarry L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 26, 1998
Sold by
Swartz Jean M and Revo Swartz
Bought by
Swartz Robert C and Swartz Jean M

Purchase Details

Closed on
Oct 28, 1993
Sold by
Swartz Robert C and Swartz Jean M
Bought by
Swartz Jean M
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
Holan Jon R -- None Available
Holan Jon $230,000 Title 365
Sleight Charles L $162,500 Commerce Title
Federal National Mortgage Association -- First American Title Ins Co
Wells Fargo Bank Na $329,946 Firs American Title Ins Co
Swartz Robert C -- --
Swartz Jean M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holan Jon $206,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2016 03/30/16 Sold $229,700 0.0% $139 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $229,700 +41.4% $139 / Sq Ft
08/03/2012 08/03/12 Sold $162,450 +4.8% $98 / Sq Ft
07/02/2012 07/02/12 Price Changed $155,000 -3.7% $94 / Sq Ft
04/10/2012 04/10/12 For Sale $161,000 -- $97 / 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 $3,721 $272,267 $68,063 $204,204
2023 $3,721 $261,696 $65,421 $196,275
2022 $3,538 $256,566 $64,139 $192,427
2021 $3,453 $251,536 $62,882 $188,654
2020 $3,394 $248,958 $62,238 $186,720
2019 $3,335 $244,077 $61,018 $183,059
2018 $3,277 $239,292 $59,823 $179,469
2017 $3,215 $234,600 $58,650 $175,950
2016 $2,408 $169,032 $59,160 $109,872
2015 $2,415 $166,495 $58,272 $108,223
2014 $2,380 $163,236 $57,132 $106,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216003369

California Desert Association of REALTORS®

APN: 652-180-043