$510,000
SOLD JUN 23, 2015

72640 Lotus Ct Palm Desert, CA 92260

2 Beds
2.5 Baths
2,490 Sq Ft
0.26 Acres

Recently Sold

$205 Per Sq Ft

3% Below List Price

34 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bathrooms
  • Atrium Room
  • Palm Desert High School Rated A
  • Mountain View
  • Property is near a park

About This Home

As of July 2019

Canyon Cove at its finest! This So. Palm Desert home is spectacular. Wonderful curb appeal and upgrades galore, including granite counters in the kitchen, all new windows and sliders throughout, stained glass windows, crown molding, newer tile floors, upgraded lighting, oversized pool and spa and cozy outdoor dining. The west mountain views are spectacular and the landscaping on the huge lot is a delightful combination of colors, textures and forms. This immaculate home must be seen to be appreciated. The low HOA fees, currently $120 per month, includes cable, large association pool, spa and tennis courts. Have the best combination of location, location, location and a stylish, elegant, yet comfortable So. Palm Desert home!

Last Agent to Sell the Property

Pat Kerrey

Coldwell Banker Realty License #00939733 Listed on: 04/23/2015

Last Buyer's Agent

David Banks

Bennion Deville Homes License #00851491

Bennion Deville Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,438

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Block Wall Fence
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 2,490 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Gas Log Fireplace
  • Double Pane Windows
  • Double Door Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Atrium Room
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Gazebo
  • Built-In Barbecue

Location

  • Ground Level
  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater
  • Water Softener
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 628303002

Community Details

Overview

  • Association fees include cable TV
  • Built by Lewis Homes
  • Canyon Cove 805 Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,438

Year Built

Built in 1980

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces East
  • Levels: One
  • Builder Name: Lewis Homes
  • Builders Tract Code: Canyon Cove
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Water softener.
  • List Price per Sq Ft: 210.80
  • Lp Sp Ratio: 0.9716
  • Unit Total In Complex: 69
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1980
  • Listing I D: 215013016
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 340-6193
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 71-691 Highway 111, Rancho Mirage, CA 92270
  • Selling Office Address: 71-691 Highway 111, Rancho Mirage Office, Rancho Mirage, CA 92270
  • Selling Office Fax: (760) 770-6951
  • Land Type: Fee
  • Subdivision: Canyon Cove-805
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Water Softener, Trash Compactor, Gas Dryer Hookup, Disposal
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Interior Amenities: Crown Molding
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Ceramic Tile
  • Bedroom Features: Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: 2 Master Baths, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 2490.00
  • Windows Treatments: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Structures: Gazebo
  • Roofing: Concrete, Tile
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private, Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Private, Heated
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 120.00
  • Total Monthly Association Fees: 120.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 628303002
  • Irrigation: Sprinkler System
  • Lot Acres: 0.2600
  • Lot Description: Back Yard, Landscaped, Front Yard
  • Lot Location: Cul-De-Sac, Park Nearby
  • Lot Size: 11326.00

Rental Info

  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Jun 7, 2019
Sold by
Splivalo Dorian and Splivalo Linda S
Bought by
Worswick Robert W and Worswick Sandra B
Seller's Agent
David Banks
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$585,500
Sold Price
$510,000
Premium/Discount to List
-$75,500
-12.89%
Current Estimated Value
$866,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,147
Avg. Annual Appreciation
7.98%
Original Mortgage
$459,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2015
Closed on
May 14, 2015
Sold by
Burks Bobby J and Burks Evelyn L
Bought by
Splivalo Dorian and Splivalo Linda S
Seller's Agent
Pat Kerrey
Coldwell Banker Realty
Buyer's Agent
David Banks
Bennion Deville Homes
List Price
$524,900
Sold Price
$510,000
Premium/Discount to List
-$14,900
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Jan 24, 2008
Sold by
Burks Bob
Bought by
Burks Bobby J and Burks Evelyn L

Purchase Details

Closed on
Aug 10, 2005
Sold by
Burks Bobby J and Burks Evelyn L
Bought by
Burks Bobby J and Burks Evelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.48%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 3, 2003
Sold by
Burks Bobby J and Burks Evelyn L
Bought by
Burks Bobby J and Burks Evelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 22, 2003
Sold by
Burks Bobby J and Burks Evelyn L
Bought by
Burks Bobby J and Burks Evelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2002
Sold by
Synstelien Jerry C and Synstelien Dana L
Bought by
Burks Bobby J and Burks Evelyn L
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 Type Sale Price Title Company
Grant Deed $510,000 Orange Coast Title Company
Grant Deed $503,000 First American Title Company
Grant Deed -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commonwealth Land Title Co
Grant Deed $300,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $459,000 New Conventional
Previous Owner $170,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $65,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $510,000 -4.7% $205 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/23/2019 05/23/19 Price Changed $534,985 -2.3% $215 / Sq Ft
05/07/2019 05/07/19 Price Changed $547,485 -3.1% $220 / Sq Ft
05/05/2019 05/05/19 Price Changed $564,985 -1.5% $227 / Sq Ft
03/28/2019 03/28/19 Price Changed $573,850 -2.0% $230 / Sq Ft
03/12/2019 03/12/19 For Sale $585,500 +14.8% $235 / Sq Ft
06/23/2015 06/23/15 Sold $510,000 0.0% $205 / Sq Ft
06/16/2015 06/16/15 Off Market $510,000 -- --
05/27/2015 05/27/15 Pending -- -- --
05/10/2015 05/10/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $524,900 -- $211 / 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 $7,438 $557,755 $49,212 $508,543
2023 $7,438 $536,099 $47,302 $488,797
2022 $7,030 $525,588 $46,375 $479,213
2021 $6,873 $515,283 $45,466 $469,817
2020 $6,749 $510,000 $45,000 $465,000
2019 $7,130 $541,925 $162,577 $379,348
2018 $6,996 $531,300 $159,390 $371,910
2017 $6,851 $520,883 $156,265 $364,618
2016 $6,684 $510,670 $153,201 $357,469
2015 $5,858 $435,078 $108,764 $326,314
2014 -- $426,558 $106,635 $319,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215013016

California Desert Association of REALTORS®

APN: 628-303-002