NOT LISTED FOR SALE

72505 El Paseo Unit 915 Palm Desert, CA 92260

Estimated Value: $601,000 - $826,000

2 Beds
2 Baths
1,646 Sq Ft
2,614 Sq Ft Lot

Last Sold May 07, 2019

Last sale price $495,000 $301 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,729/month

157 Days on Market

About This Home

As of May 2019

If you are looking for a stunning, updated, luxurious, high-end modern desert retreat and you want to own a piece of mid-mod Krisel architectural history with walkability to El Paseo, hiking trails, tennis and Whole Foods this is the perfect place for you! You will feel the relaxed desert vibe from the moment you enter the zen like light and bright atrium, featuring oversized floor to ceiling dual-pane Western windows and doors throughout. Enjoy the beautiful desert mountain views from your poolside patio and perfectly placed mid-mod clerestory windows. You will enjoy entertaining friends and family in this large open-concept kitchen featuring updated modern cabinets, concrete countertops and stainless appliances. Whether you enjoy cooking in the beautifully updated kitchen, or gathering with your friends and family for a BBQ on the large outdoor patio with mountain views, it provides effortless indoor/outdoor desert living. This is an in incredible opportunity!

Last Agent to Sell the Property

Laurie Moulton

Lux Box Agency License #01987581 Listed on: 11/01/2018

Co-Listed By

Nathaniel Moulton

Lux Box Agency License #01990411

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,635

Year Built

1964

Lot Details

0

Listing Details

  • Active Date: 2019-04-04
  • Full Bathroom: 2
  • Building Size: 1646.0
  • Building Structure Style: Mid Century
  • Driving Directions: El Paseo to Gate C #915
  • Full Street Address: 72505 EL PASEO
  • Land Lease Purchase: No
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2019-05-07
  • Unit Floor In Building: 1
  • Total Number of Units: 16
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Eating Areas: Dining Area
  • Appliances: Built-In BBQ, Built-Ins, Range Hood, Microwave, Range
  • Advertising Remarks: If you are looking for a stunning, updated, luxurious, high-end modern desert retreat and you want to own a piece of mid-mod Krisel architectural history with walkability to El Paseo, hiking trails, tennis and Whole Foods this is the perfect place for you
  • Total Bedrooms: 2
  • Builders Tract Code: 4150
  • Builders Tract Name: SANDPIPER PALM DESER
  • Fireplace: No
  • Levels: Ground Level, One Level
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Travertine
  • Kitchen Features: Remodeled
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 2614
  • Common Walls: Attached
  • Patio: Covered Porch
  • Windows: Custom Window Covering, Double Pane Windows

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Features: Uncovered
  • Parking Type: Carport Detached

Utilities

  • Sewer: Septic Tank
  • Sprinklers: Sprinkler System
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace
  • Security: Security System - Leased

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Trash Paid
  • Association Rules: Pets Not Permitted, PetsPermitted
  • Mgmt Co 2: DESERT RESORT MANAGEMENT
  • Association Name: SANDPIPER PALM DESERT
  • HOA Fees: 595.0

Schools

  • Elementary School: WASHINGTON CHARTER E
  • Middle School: PALM DESERT MIDDLE S
  • High School: PALM DESERT HIGH SCH

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Apr 10, 2019
Sold by
Holland Elaine
Bought by
Cruikshank Thomas T and Cruikshank Jennifer L
Seller's Agent
Laurie Moulton
Lux Box Agency
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$549,900
Sold Price
$495,000
Premium/Discount to List
-$54,900
-9.98%
Current Estimated Value
$743,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,400
Avg. Annual Appreciation
6.57%
Original Mortgage
$277,000
Outstanding Balance
$182,220
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$561,180

Purchase Details

Closed on
Mar 11, 2005
Sold by
Edes Elliott and Edes Lynne
Bought by
Holland Vernon and Holland Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 1999
Sold by
Brown Eleanor G and Brown Uta
Bought by
Edes Elliott and Edes Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,250
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage
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
Cruikshank Thomas T $495,000 Orange Coast Title Co
Holland Vernon $390,000 Orange Coast Title Co
Edes Elliott $117,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruikshank Thomas T $277,000
Previous Owner Holland Vernon $312,000
Previous Owner Edes Elliott $82,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $495,000 -0.8% $301 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/18/2019 03/18/19 Price Changed $499,000 -4.9% $303 / Sq Ft
01/19/2019 01/19/19 Price Changed $524,900 -4.5% $319 / Sq Ft
11/01/2018 11/01/18 For Sale $549,900 -- $334 / Sq Ft
Source: Palm Springs Regional 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 $9,635 $552,176 $36,251 $515,925
2023 $9,635 $530,737 $34,845 $495,892
2022 $9,378 $520,331 $34,162 $486,169
2021 $9,253 $510,130 $33,493 $476,637
2020 $9,087 $504,900 $33,150 $471,750
2019 $7,845 $402,480 $113,360 $289,120
2018 $7,653 $387,000 $109,000 $278,000
2017 $7,142 $347,000 $98,000 $249,000
2016 $7,059 $342,000 $96,000 $246,000
2015 $4,218 $337,000 $95,000 $242,000
2014 $3,920 $312,000 $88,000 $224,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-399422PS

APN: 640-200-032