NOT LISTED FOR SALE

72687 Sundown Ln Palm Desert, CA 92260

Estimated Value: $1,029,000 - $1,340,000

4 Beds
3.5 Baths
3,468 Sq Ft
$349/Sq Ft Est. Value

Last Sold January 12, 2019

Last sale price $580,000 $167 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $7,221/month

407 Days on Market

Highlights

  • Heated In Ground Pool
  • Custom Home
  • Premium Lot
  • Palm Desert High School Rated A
  • Dining Room with Fireplace
  • End Unit

About This Home

As of January 2019

Price Improvement! South Palm Desert! The Summit! 4 bedroom | 3 Car Garage! Stunning Home! Custom home situated in The Summit located above El Paseo and near Big Horn & Ironwood Country Clubs. Professionally designed landscaping leads to a gorgeous custom front door. From the moment of entry, one is taken back by soaring ceilings & natural light. Always popular tile floors showcase lots of extra living areas. The Kitchen is a chef's dream with gas cooktop, custom cabinets with granite countertop's Enjoy entertaining in this large oversized kitchen that opens to breakfast room and family room with fireplace. All popular four bedrooms/ four bathrooms include the highly desirable three car garage. This 3468 sq. ft. home on a 12197 sq. ft. lot is a must see. Private lap pool & spa is included along with low HOA fees that are only $99 per month with basic cable, HBO and Showtime. Located in beautiful South Palm Desert ,The Summit community one of the most desirable areas in the valley

Last Agent to Sell the Property

Phyllis Cyphers

Desert Sotheby's International Realty License #01810454 Listed on: 10/09/2017

Last Buyer's Agent

Bill Clawson

Dyson & Dyson Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,374

Year Built

  • Built in 1989

Lot Details

  • 0.28 Acre Lot
  • Stucco Fence
  • Drip System Landscaping
  • Premium Lot
  • Corner Lot
  • Sprinklers on Timer
  • Front Yard

HOA Fees

  • $99 Monthly HOA Fees

Home Design

  • Custom Home
  • Traditional Architecture
  • Tile Roof

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Shutters
  • Custom Window Coverings
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Breakfast Room
  • Formal Dining Room
  • Security System Leased
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Shower Only

Parking

  • 3 Car Attached Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Waterfall Pool Feature

Schools

  • Washington Charter Elementary School

Utilities

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

Additional Features

  • Solar owned by a third party
  • Covered Patio or Porch
  • Ground Level

Community Details

  • Association fees include cable TV
  • Summit Subdivision, Custom Home Floorplan

Listing and Financial Details

  • Assessor Parcel Number 652042004

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,374

Year Built

Built in 1989

Lot Details

0

HOA Fees

$99 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Builder Model Name: Custom Home
  • Builders Tract Code: Summit
  • Building Number Of Stories: 2
  • Building Style: Traditional
  • Entry Location: Ground Level - No Steps
  • Included In Sale: refrigerator
  • List Price per Sq Ft: 175.61
  • Lp Sp Ratio: 0.9524
  • Water District Name: CV Water District
  • Year Built: 1989
  • Listing I D: 217026390
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Selling Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Electric Oven, Disposal
  • Fireplace: Yes
  • Fireplace Location: Dining Room, Primary Bedroom, Living Room, Family Room
  • Interior Amenities: Built-In Features, Recessed Lighting, High Ceilings (9 Ft+)
  • Flooring: Carpet, Tile
  • Bedroom Features: Primary Retreat, Walk In Closet, Primary Suite
  • Total Bedrooms: 4
  • Bathroom Features: Remodeled, Tile Shower
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Room, Kitchen Island, Formal Dining Room
  • Kitchen Features: Granite Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 3468.00
  • Windows Treatments: Custom Window Covering, Shutters

Exterior Features

  • Other Features: Custom Built, Premium Lot, Solar System Financed, End Unit
  • Roofing: Tile
  • Fencing: Stucco Wall
  • Patio: Covered
  • Pool: Yes
  • Pool Accessories: Waterfall
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Private
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Heated - Gas

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Central Air
  • Heating: Forced Air
  • Heating Fuel: Electric
  • Security: Security System Leased
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 99.00
  • Total Monthly Association Fees: 99.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652042004
  • Irrigation: Drip System, Sprinkler Timer
  • Lot Acres: 0.2800
  • Lot Description: Front Yard, Utilities Underground, Landscaped
  • Lot Location: Corner Lot
  • Lot Size: 12197.00

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • Elementary School: Washington Charter
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 5, 2018
Sold by
Chovan Carl E
Bought by
Nickerson Joshua Richard and Nickerson Audrey Gale
Seller's Agent
Phyllis Cyphers
Desert Sotheby's International Realty
Buyer's Agent
Bill Clawson
Dyson & Dyson Real Estate
List Price
$669,000
Sold Price
$580,000
Premium/Discount to List
-$89,000
-13.3%
Current Estimated Value
$1,211,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,593
Avg. Annual Appreciation
13.90%
Original Mortgage
$464,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Chovan Carl E and Chovan Lucille K
Bought by
Chovan Carl E

Purchase Details

Closed on
Apr 22, 2013
Sold by
Chovan Carl E
Bought by
Chovan Carl E and Chovan Lucille K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2006
Sold by
Chovan Carl E and Chovan Lucille K
Bought by
Chovan Carl E

Purchase Details

Closed on
Oct 24, 2002
Sold by
Arcaro Vivian Mary
Bought by
Chovan Carl E and Chovan Lucille K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1997
Sold by
Spangenberg and Audrey
Bought by
Arcaro Vivian Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Spangenberg Erich and Spangenberg Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,700
Interest Rate
7.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 11, 1994
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America Fsb
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
Nickerson Joshua Richard $580,000 Equity Title Company
Chovan Carl E -- None Available
Chovan Carl E -- First American Title Company
Chovan Carl E -- None Available
Chovan Carl E $489,000 First American Title Co
Arcaro Vivian Mary $315,000 Chicago Title Co
Spangenberg Erich $333,000 Fidelity National Title Ins
Home Svgs Of America Fsb $365,755 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nickerson Joshua Richard $464,000
Previous Owner Chovan Carl E $265,000
Previous Owner Chovan Carl E $150,000
Previous Owner Arcaro Vivian Mary $236,250
Previous Owner Spangenberg Erich $299,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2019 01/12/19 Sold $580,000 -4.8% $167 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/14/2018 11/14/18 Price Changed $609,000 -3.2% $176 / Sq Ft
08/22/2018 08/22/18 Price Changed $629,000 -6.0% $181 / Sq Ft
07/21/2018 07/21/18 For Sale $669,000 +15.3% $193 / Sq Ft
01/19/2018 01/19/18 Off Market $580,000 -- --
11/01/2017 11/01/17 For Sale $749,000 +29.1% $216 / Sq Ft
10/25/2017 10/25/17 Off Market $580,000 -- --
10/09/2017 10/09/17 For Sale $749,000 -- $216 / 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 $8,374 $646,995 $195,213 $451,782
2023 $8,374 $621,874 $187,634 $434,240
2022 $7,932 $609,681 $183,955 $425,726
2021 $7,758 $597,728 $180,349 $417,379
2020 $7,618 $591,600 $178,500 $413,100
2019 $8,140 $634,877 $173,970 $460,907
2018 $7,988 $622,429 $170,560 $451,869
2017 $7,840 $610,225 $167,216 $443,009
2016 $7,647 $598,261 $163,938 $434,323
2015 $7,664 $589,277 $161,477 $427,800
2014 $7,408 $577,736 $158,315 $419,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217026390

California Desert Association of REALTORS®

APN: 652-042-004