$415,000
SOLD MAY 22, 2025

72397 Ridgecrest Ln Palm Desert, CA 92260

2 Beds
2 Baths
1,320 Sq Ft
$525/mo HOA Fee

Recently Sold

$314 Per Sq Ft

8% Below List Price

115 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Breakfast Room
  • Palm Desert High School Rated A
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of May 2025

Welcome to Sommerset. A quiet enclave of condominiums set high above the valley floor between Stone Eagle & Bighorn Golf Clubs. This 2 bedroom, 2 bath single level, end unit condo your dream getaway. Fantastic floor plan with great separation of large bedrooms suites, open updated kitchen, updated bathrooms, dining and living rooms, inside laundry..This condo is within ideal walking distance to one of the many pools, tennis courts, pickleball courts and hiking trails available for your enjoyment. Not to mention, the gorgeous mountain views that highlight the perfect desert getaway. This condo is located near El Paseo Shops, Restaurants, Churches and Boutiques. Whether it's a vacation home, investment, or full-time, you will always enjoy the desert in style.

Last Agent to Sell the Property

Linda Herold

Equity Union License #01900071 Listed on: 01/20/2025

Equity Union

Co-Listed By

Robert Downing

Equity Union License #01322803

Last Buyer's Agent

TAMARA WENTWORTH

EXP REALTY OF SOUTHERN CALIFORNIA INC. License #02239093

EXP REALTY OF SOUTHERN CALIFORNIA INC.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978

HOA Fees

  • $525 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Breakfast Room
  • Dining Area
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Guest Parking

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Drip System Landscaping
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 652180028

Community Details

Overview

  • Association fees include building & grounds, trash
  • Built by Desert Resort Management
  • Sommerset South Palm Desert Subdivision, Desert Resort Management Floorplan
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Sport Court
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1978

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One
  • Builder Model Name: Desert Resort Management
  • Builder Name: Desert Resort Management
  • List Price per Sq Ft: 314.39
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Pool
  • Year Built: 1978
  • Co Listing Member Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Co Listing Member Fax: (888) 483-1174
  • Co Listing Office Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Listing I D: 219123227
  • Listing Member Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Listing Office Address: 70115 Hwy 111, Rancho Mirage, CA 92270
  • Selling Office Address: 10620 TREENA ST #230, SAN DIEGO, CA 92131
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Sommerset South Palm Desert
  • Special Features: None

Interior Features

  • Flooring: Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1320.00

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 Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash
  • Association Amenities: Sport Court, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 525.00
  • Total Monthly Association Fees: 525.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652180028
  • Irrigation: Drip System
  • Lot Size: 1500.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2021
Sold by
Ann Sickendick
Bought by
Fedderly Mark W
Current Estimated Value
$413,352

Purchase Details

Closed on
Feb 8, 2013
Sold by
Didonato Julie
Bought by
Sickendick Ann Fedderly and Fedderly Mark W

Purchase Details

Closed on
Apr 13, 1998
Sold by
Davis Anthony M and Davis Isabel
Bought by
Dinato Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Quit Claim Deed -- Fedderly Mark W
Interfamily Deed Transfer -- None Available
Grant Deed $95,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $74,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2025 05/22/25 Sold $415,000 0.0% $314 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $415,000 -3.0% $314 / Sq Ft
04/17/2025 04/17/25 Price Changed $428,000 -1.6% $324 / Sq Ft
02/28/2025 02/28/25 Price Changed $435,000 -3.1% $330 / Sq Ft
01/20/2025 01/20/25 For Sale $449,000 -- $340 / 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 $3,962 $299,509 $97,977 $201,532
2023 $3,962 $287,880 $94,173 $193,707
2022 $2,060 $142,913 $37,600 $105,313
2021 $2,003 $140,112 $36,863 $103,249
2020 $1,971 $138,677 $36,486 $102,191
2019 $1,938 $67,978 $17,885 $50,093
2018 $1,905 $133,291 $35,071 $98,220
2017 $1,870 $130,679 $34,384 $96,295
2016 $1,830 $128,117 $33,710 $94,407
2015 $1,833 $126,194 $33,204 $92,990
2014 $1,852 $123,723 $32,554 $91,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219123227

California Desert Association of REALTORS®

APN: 652-180-028