D
Seller's Agent in 2020
Doug Fischer
Coldwell Banker Realty
72406 Ridgecrest Ln Palm Desert, CA 92260
Estimated Value: $383,750 - $525,000
2
Beds
2
Baths
1,440
Sq Ft
$455/mo
HOA Fee
Highlights
- Heated In Ground Pool
- Primary Bedroom Suite
- Secondary bathroom tub or shower combo
- Palm Desert High School Rated A
- Panoramic View
- 1 Fireplace
About This Home
As of September 2020Sought after Sommerset condo located high up in south Palm Desert with excellent views of the community, downtown Palm Desert, the Valley and the Cahuilla Hills all from your living room, dining area or outside patio. Well maintained, original condition and popular floor plan. The community offers hiking trails, green belts, community pools and spas, tennis courts and a location that is just minutes from all that El Paseo has to offer. Furnishings are negotiable outside of escrow. Please come and take a look. Easy showing arrangements.
Last Agent to Sell the Property
Doug Fischer
Coldwell Banker Realty License #01299270 Listed on: 02/18/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,376
Year Built
- Built in 1978
Lot Details
- Cul-De-Sac
- North Facing Home
- Sprinkler System
- Lawn
HOA Fees
- $455 Monthly HOA Fees
Property Views
- Panoramic
- City Lights
- Mountain
- Desert
- Hills
- Valley
Home Design
- Slab Foundation
- Tar and Gravel Roof
- Stucco Exterior
Interior Spaces
- 1,440 Sq Ft Home
- 1-Story Property
- Furnished
- 1 Fireplace
- Vertical Blinds
- Sliding Doors
- Great Room
- Breakfast Room
- Formal Dining Room
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Carpet
- Linoleum
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Secondary bathroom tub or shower combo
Laundry
- Laundry closet
- Dryer
- Washer
- 220 Volts In Laundry
Parking
- 1 Car Detached Garage
- 1 Detached Carport Space
- Side by Side Parking
- Garage Door Opener
- Guest Parking
- Assigned Parking
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Spa
- Gunite Pool
- Fence Around Pool
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- 220 Volts in Kitchen
- Property is located within a water district
- Gas Water Heater
- Cable TV Available
Additional Features
- Concrete Porch or Patio
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 652180035
Community Details
Overview
- Association fees include building & grounds, insurance, trash
- 193 Units
- Sommerset South Palm Desert Subdivision
- On-Site Maintenance
- Greenbelt
- Planned Unit Development
Recreation
- Tennis Courts
- Community Pool
- Community Spa
- Hiking Trails
Pet Policy
- Pet Restriction
- Pet Size Limit
- Call for details about the types of pets allowed
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2020
Closed on
Aug 11, 2020
Sold by
Benet Leslie Z
Bought by
Hoffman David J and Berry Hoffman Marc
Seller's Agent
Doug Fischer
Coldwell Banker Realty
Buyer's Agent
Richard Chamberlin
Compass
List Price
$264,900
Sold Price
$225,000
Premium/Discount to List
-$39,900
-15.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,438
Avg. Annual Appreciation
11.98%
Original Mortgage
$125,000
Outstanding Balance
$111,382
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$288,371
Purchase Details
Closed on
Nov 15, 2018
Sold by
Neal Deanna F
Bought by
Neal Deanna F
Purchase Details
Closed on
Jan 11, 2012
Sold by
Vandam Bruce Edward
Bought by
Neal Deanna F
Purchase Details
Closed on
Jan 15, 2011
Sold by
Vandam Bruce Edward
Bought by
Vandam Bruce Edward
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hoffman David J | $225,000 | Equity Title Company | |
| Neal Deanna F | -- | None Available | |
| Neal Deanna F | $180,000 | Equity Title Orange County-I | |
| Vandam Bruce Edward | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hoffman David J | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2020 09/04/20 | Sold | $225,000 | -9.6% | $156 / Sq Ft |
| 08/22/2020 08/22/20 | Pending | -- | -- | -- |
| 05/18/2020 05/18/20 | Price Changed | $249,000 | -6.0% | $173 / Sq Ft |
| 05/04/2020 05/04/20 | For Sale | $264,900 | +17.7% | $184 / Sq Ft |
| 03/27/2020 03/27/20 | Off Market | $225,000 | -- | -- |
| 02/18/2020 02/18/20 | For Sale | $264,900 | -- | $184 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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 | $3,253 | $229,500 | $38,250 | $191,250 |
| 2021 | $3,128 | $225,000 | $37,500 | $187,500 |
| 2020 | $2,795 | $206,607 | $72,311 | $134,296 |
| 2019 | $2,746 | $202,557 | $70,894 | $131,663 |
| 2018 | $2,698 | $198,586 | $69,504 | $129,082 |
| 2017 | $2,647 | $194,693 | $68,142 | $126,551 |
| 2016 | $2,587 | $190,876 | $66,806 | $124,070 |
| 2015 | $2,594 | $188,010 | $65,803 | $122,207 |
| 2014 | $2,554 | $184,329 | $64,515 | $119,814 |
Source: Public Records
Agents Affiliated with this Home
-
-
Richard Chamberlin
Buyer's Agent in 2020
Richard Chamberlin
Compass
(760) 832-5398
159 Total Sales
Map
Source: California Desert Association of REALTORS®
MLS Number: 219039816
APN: 652-180-035
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