NOT LISTED FOR SALE

72395 Ridgecrest Ln Palm Desert, CA 92260

Estimated Value: $315,000 - $444,000

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

Last Sold August 25, 2020

Last sale price $225,000 $158 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,872/month

20 Days on Market

Highlights

  • Heated In Ground Pool
  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Palm Desert High School Rated A
  • Open Floorplan
  • Property is near a park

About This Home

As of August 2020

Desired South facing location, on a greenbelt--interior unit (away from the road)-by community pool & spa. Welcome home to community of Sommerset--high on the hill above El Paseo shopping/dining district. Unique blend of greenbelt & mountain vistas. Open floor plan. Light & bright! Mostly original ready for your updates. Newly renovated roll-in tile shower in 2nd bathroom. Roomy kitchen--plenty of countertop & cabinetry space, breakfast bar, adjacent to dining area. One-level condo with spacious side & back patios. Wow just minutes to stores & restaurants... Hiking Trails in your own backyard. ...Investors: This would make a great seasonal or long term rental. 1st Time Home Buyers: Take advantage of the low down programs and STOP paying rent! You are going to love this community Low Hoa & Resort Atmosphere w/community pools and tennis! Furnishings available per inventory.

Last Agent to Sell the Property

Richard Chamberlin

Compass License #01232493 Listed on: 07/09/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,376

Year Built

  • Built in 1978

Lot Details

  • Property fronts a private road
  • End Unit
  • Cul-De-Sac
  • Southwest Facing Home
  • Masonry wall
  • Privacy Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Hillside Location

HOA Fees

  • $455 Monthly HOA Fees

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Tile Roof
  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 1,428 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Tinted Windows
  • Vertical Blinds
  • Window Screens
  • Sliding Doors
  • Formal Entry
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Low Flow Toliet
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Parking

  • 2 Parking Garage Spaces
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Unassigned Parking

Accessible Home Design

  • Roll-in Shower
  • No Interior Steps

Pool

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

Location

  • Ground Level
  • Property is near a park
  • Property is near public transit

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Central Water Heater
  • Cable TV Available

Additional Features

  • Green Features
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 652180027

Community Details

Overview

  • Association fees include building & grounds, maintenance paid, insurance
  • 196 Units
  • Sommerset South Palm Desert Subdivision
  • On-Site Maintenance
  • Greenbelt
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Additional Features

  • Community Mailbox
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,376

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 West, Leisure Faces South
  • Levels: Ground Level, No Unit Above
  • Building Style: Contemporary
  • Disability Access: No Interior Steps, Roll-in Shower
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps, Foyer
  • Included In Sale: furnishings per inventory negotiable
  • List Price per Sq Ft: 167.37
  • Lp Sp Ratio: 0.9400
  • Unit Total In Complex: 196
  • View Type: Park/Green Belt, Pool
  • Water District Name: CVWD
  • Year Built: 1978
  • Listing I D: 219045811
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Washer, Refrigerator, Gas Dryer Hookup, Disposal, Dishwasher
  • Interior Amenities: High Ceilings (9 Ft+), Vaulted Ceiling(s), Storage, Open Floorplan
  • Flooring: Carpet, Linoleum, Ceramic Tile
  • Bedroom Features: All Bedrooms Down, Primary Suite
  • Total Bedrooms: 2
  • Bathroom Features: Low Flow Toilet(s), Marble Counters, Tile Shower, Shower Over Tub, Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Formica Counters
  • Laundry: In Closet, Laundry Area
  • Estimated Sq Ft: 1428.00
  • Windows Treatments: Screens, Blinds, Vertical Blinds, Tinted Windows

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit, Premium Lot
  • Roofing: Tar/Gravel, Tile
  • Fencing: Masonry, Privacy
  • Foundation: Slab
  • Patio: Covered, Wood, Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence, Safety Gate
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Community, In Ground, Gunite
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Heated - Gas, Fenced
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Garage Door Opener, Driveway, Unassigned, Side By Side, Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, In Laundry
  • Cooling Type: Air Conditioning, Gas, Central Air
  • Heating: Central, Hot Water, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Water Heater Central, Water Heater Unit

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Maintenance Paid, Insurance
  • Association Amenities: Guest Parking, Tennis Courts, Management, Maintenance Grounds
  • 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: 652180027
  • Irrigation: Sprinkler System
  • Lot Acres: 0.0600
  • Lot Description: Curbs, Utilities Underground, Street Paved, Landscaped
  • Lot Location: Cul-De-Sac, Private Road, Park Nearby, Near Public Transit, Hillside, Greenbelt
  • Lot Size: 2614.00

Green Features

  • Green Features: Yes
  • Green Location: Transportation, Walkability

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert
  • Other Schools: Palm Valley/sacred h
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Aug 7, 2020
Sold by
Hair Floyd Leo
Bought by
Fields Jason
Seller's Agent
Richard Chamberlin
Compass
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Current Estimated Value
$402,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,839
Avg. Annual Appreciation
11.19%

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 7, 2016
Sold by
Lucas Diane J
Bought by
Hair Floyd Leo
Seller's Agent
Jenell VanDenBos
Bennion Deville Homes
Buyer's Agent
Richard Chamberlin
Coldwell Banker Realty
List Price
$214,999
Sold Price
$210,000
Premium/Discount to List
-$4,999
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%

Purchase Details

Closed on
Oct 26, 1999
Sold by
Lucas Diane J
Bought by
Lucas Diane J

Purchase Details

Closed on
Apr 15, 1999
Sold by
Becker Ellsworth & Doris E Trustees and Becker Family Trust
Bought by
Lucas Diane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 1997
Sold by
Becker Ellsworth and Becker Doris E
Bought by
Becker Ellsworth and Becker Doris E

Purchase Details

Closed on
Jan 31, 1996
Sold by
Mcglothlin Alice L
Bought by
Becker Ellsworth and Becker Doris E
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
Fields Jason $225,000 First American Title
Hair Floyd Leo $210,000 Chicago Title Company
Lucas Diane J -- --
Lucas Diane J $104,000 Chicago Title Co
Becker Ellsworth -- --
Becker Ellsworth $100,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Diane J $98,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $225,000 -5.9% $158 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $239,000 +13.8% $167 / Sq Ft
01/25/2017 01/25/17 Sold $210,000 -2.3% $147 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $214,999 -- $151 / 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 $3,376 $243,545 $40,590 $202,955
2023 $3,376 $234,090 $39,015 $195,075
2022 $3,206 $229,500 $38,250 $191,250
2021 $3,128 $225,000 $37,500 $187,500
2020 $2,992 $222,853 $55,713 $167,140
2019 $2,939 $218,484 $54,621 $163,863
2018 $2,888 $214,200 $53,550 $160,650
2017 $1,989 $140,459 $40,514 $99,945
2016 $1,946 $137,706 $39,720 $97,986
2015 $1,950 $135,639 $39,124 $96,515
2014 $1,921 $132,983 $38,358 $94,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219045811

California Desert Association of REALTORS®

APN: 652-180-027