NOT LISTED FOR SALE

72398 Ridgecrest Ln Palm Desert, CA 92260

Estimated Value: $345,000 - $415,000

2 Beds
2 Baths
1,320 Sq Ft
$455/mo HOA Fee

Last Sold November 12, 2020

Last sale price $222,000 $168 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,756/month

9 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Palm Desert High School Rated A
  • Panoramic View
  • Hilltop Location

About This Home

As of November 2020

Sought after Sommerset original condition fixer condo located high up in South Palm Desert w/ *rare-sweeping views of the community, downtown Palm Desert, the Valley & the Cahuilla Hills. First time listed, original condition and popular end unit floor-plan featuring walls of light & attached two car garage.. Sommerset community offers hiking trails, green belts, community pool/spas, tennis courts all in a quiet location minutes from El Paseo shopping district. Low Hoa & Resort Atmosphere. Some furnishings to remain per inventory.

Last Agent to Sell the Property

Richard Chamberlin

Compass License #01232493 Listed on: 10/12/2020

Compass

Last Buyer's Agent

Richard Chamberlin

Compass License #01232493 Listed on: 10/12/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,678

Year Built

  • Built in 1978

Lot Details

  • Property fronts a private road
  • End Unit
  • Cul-De-Sac
  • North Facing Home
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Hilltop Location
  • Lawn

HOA Fees

  • $455 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Desert
  • Hills
  • Park or Greenbelt
  • Pool

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 1,320 Sq Ft Home
  • Open Floorplan
  • Partially Furnished
  • 1 Fireplace
  • Vertical Blinds
  • Window Screens
  • Sliding Doors
  • Dining Area
  • Carpet

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Guest Parking
  • On-Street Parking

Pool

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

Location

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

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Central Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Concrete Porch or Patio

Listing and Financial Details

  • Assessor Parcel Number 652180039

Community Details

Overview

  • Sommerset South Palm Desert Subdivision
  • Greenbelt
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Community Mailbox
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,678

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: Leisure Faces North
  • Levels: Ground Level, No Unit Above
  • Building Style: Contemporary
  • Disability Access: No Interior Steps
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: refrigerator, washer and dryer
  • List Price per Sq Ft: 173.48
  • Lp Sp Ratio: 0.9700
  • View Type: City Lights, Pool, Panoramic, Park/Green Belt, Mountain(s), Hills, Desert
  • Year Built: 1978
  • Listing I D: 219051254
  • 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, Washer, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: Open Floorplan
  • Flooring: Carpet
  • Bedroom Features: Master Suite
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Tile Counters
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 1320.00
  • Windows Treatments: Screens, Vertical Blinds

Exterior Features

  • Construction: Hard Coat Stucco
  • Other Features: End Unit, Premium Lot
  • Roofing: Foam
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Accessories: Safety Gate
  • Pool Construction: Gunite, In Ground
  • Pool Description: 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, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Direct Entrance, Side By Side, Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Community
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Water Heater Central

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Tennis Courts
  • 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: 652180039
  • Irrigation: Sprinkler System
  • Lot Description: Curbs, Utilities Underground, Street Paved, Level, Lawn
  • Lot Location: Close to Clubhouse, Private Road, Park Nearby, Near Public Transit, Hilltop, Greenbelt, Cul-De-Sac
  • Lot Size: 3049.00

Rental Info

  • Furnished: Partially
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert
  • Other Schools: Palm Valley, Sacred
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Oct 28, 2020
Sold by
Stratos Aida and Maria C Ganis Trust
Bought by
Love Steven R and Love Elham K
Seller's Agent
Richard Chamberlin
Compass
Buyer's Agent
Richard Chamberlin
Compass
List Price
$229,000
Sold Price
$222,000
Premium/Discount to List
-$7,000
-3.06%
Current Estimated Value
$375,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,970
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Jul 17, 2017
Sold by
Ganis Maria C
Bought by
Ganis Maria C

Purchase Details

Closed on
May 7, 1998
Sold by
Ganis Maria C
Bought by
Ganis Maria C
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
Love Steven R $222,000 Equity Title Company
Ganis Maria C -- None Available
Ganis Maria C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $222,000 -3.1% $168 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $229,000 -- $173 / 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 $3,678 $268,684 $40,590 $228,094
2023 $3,678 $258,253 $39,015 $219,238
2022 $3,496 $253,190 $38,250 $214,940
2021 $3,092 $222,000 $37,500 $184,500
2020 $2,629 $185,905 $43,635 $142,270
2019 $2,585 $182,261 $42,780 $139,481
2018 $2,541 $178,689 $41,942 $136,747
2017 $2,495 $175,186 $41,120 $134,066
2016 $2,441 $171,752 $40,314 $131,438
2015 $2,448 $169,173 $39,709 $129,464
2014 $2,412 $165,861 $38,932 $126,929
Source: Public Records

Agents Affiliated with this Home

  • Richard Chamberlin

    Seller's Agent in 2020

    Richard Chamberlin

    Compass

    (760) 832-5398

    158 Total Sales

    Richard Chamberlin
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219051254

California Desert Association of REALTORS®

APN: 652-180-039

California Riverside County Palm Desert 92260

72398 Ridgecrest Ln, Palm Desert, CA

This home is located at 72398 Ridgecrest Ln, Palm Desert, CA 92260 since 12 October 2020 and is currently estimated at $375,970, approximately $284 per square foot. This property was built in 1978. 72398 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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