NOT LISTED FOR SALE

72691 Spyglass Ln Palm Desert, CA 92260

Estimated Value: $1,927,000 - $2,545,000

3 Beds
3.5 Baths
3,157 Sq Ft
$701/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $940,000 $298 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $14,294/month

65 Days on Market

Highlights

  • Pebble Pool Finish
  • Primary Bedroom Suite
  • Open Floorplan
  • Palm Desert High School Rated A
  • Updated Kitchen
  • Mountain View

About This Home

As of October 2020

An opportunity to live on the top of the world in a gorgeous, contemporary home in the much sought after ''Summit Palm Desert''. The home was designed by the renowned architects Holden and Johnson. You will be instantly impressed on the attention to detail. The owner has invested large sums of money in upgrades from a gourmet kitchen featuring Viking appliances to the granite countertops and eat in kitchen with views over a beautiful pebble tech, salt water pool/spa and family patio to say nothing about the oversized lot. An open floor plan with a living room that invites conversation around the fireplace. The detail to excellence continues with the diagonal set travertine flooring, vaulted ceilings , built ins and cherry wood cabinets. All bedrooms have their own bathroom and large walk in closet. Cap off the benefits with a double garage featuring air conditioning and a lot of cabinet storage space. The grounds are desert landscape for minimal maintenance as well as beauty that matches this home. Come, enjoy the good life. You've deserved it.

Last Agent to Sell the Property

Team Michael Hilgenberg w/ Keller Will

Keller Williams Realty License #00938044 Listed on: 08/05/2020

Keller Williams Realty

Co-Listed By

Pete Boesen

Keller Williams Realty License #01725955

Last Buyer's Agent

Lawrence Malestic

Andalusia Homes, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,673

Year Built

  • Built in 1984

Lot Details

  • 0.31 Acre Lot
  • Home has North and South Exposure
  • Block Wall Fence
  • Drip System Landscaping
  • Corner Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Private Yard
  • Back Yard

HOA Fees

  • $97 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

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

Interior Spaces

  • 3,157 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Cathedral Ceiling
  • Raised Hearth
  • Fireplace With Gas Starter
  • Custom Window Coverings
  • Double Door Entry
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Utility Room
  • Travertine
  • Security System Owned

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Powder Room
  • Marble Bathroom Countertops
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Secondary bathroom tub or shower combo
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Pool
  • Saltwater Pool
  • Fence Around Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Built-In Barbecue

Location

  • Ground Level

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include cable TV
  • Built by Summit
  • Summit Subdivision, Summit Floorplan
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 652141047

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,673

Year Built

Built in 1984

Lot Details

0

HOA Fees

$97 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces South
  • Levels: Ground
  • Builder Model Name: Summit
  • Builder Name: Summit
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Entry Location: Ground Level w/Steps, Foyer
  • Included In Sale: Refrigerator, Disposal, Built-ins, Microwave, Freezer, Dishwasher.
  • List Price per Sq Ft: 303.77
  • Lp Sp Ratio: 0.9800
  • View Type: Mountain(s), Pool
  • Water District Name: CVWD
  • Year Built: 1984
  • Co Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Co Listing Office Fax: (760) 770-9510
  • Listing I D: 219047155
  • Listing Member Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Address: 70005 Mirage Cove Dr, Rancho Mirage, CA 92270
  • Listing Office Fax: (760) 770-9510
  • Selling Office Address: 73700 El Paseo, Palm Desert, CA 92260
  • Selling Office Fax: (760) 404-0154
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Summit
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Self Cleaning Oven, Electric Oven, Gas Range, Exhaust Fan, Refrigerator, Gas Dryer Hookup, Disposal, Freezer, Electric Dryer Hookup
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s), Surround Sound Wired, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Raised Hearth, Gas Starter
  • Flooring: Travertine
  • Bedroom Features: Main Floor Master Bedroom, Master Suite, Master Retreat
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Marble Counters, Tile Shower, Tub With Jets, Travertine, Shower Stall, Shower & Tub, Remodeled, Powder Room
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Breakfast Counter/Bar, Formal Dining Room, Breakfast Nook
  • Kitchen Features: Granite Counters, Remodeled, Pantry, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 3157.00
  • Windows Treatments: Custom Window Covering

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private
  • Roofing: Concrete, Tile
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab, Enclosed
  • Pool: Yes
  • Pool Construction: In Ground, Pebble
  • Pool Description: Heated, Salt Water, Private, Fenced
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground, Pebble
  • Spa Hot Tub Description: Heated, Private, Heated - Gas
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener
  • Total Covered Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Total Uncovered Assigned Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Garage, In Laundry, In Kitchen
  • Cooling Type: Air Conditioning, Zoned, Central Air
  • Heating: Central, Zoned, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: Security System Owned
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas, Water Heater Unit

Association/Amenities

  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Association #3 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 97.00
  • Total Monthly Association Fees: 97.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 652141047
  • Irrigation: Drip System, Sprinkler Timer, Sprinkler System
  • Lot Acres: 0.3100
  • Lot Description: Back Yard, Yard, Utilities Underground, Street Public, Street Paved, Landscaped, Curbs
  • Lot Location: Corner Lot
  • Lot Size: 13504.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Groat Family Trust
Bought by
Zuccarini Family Trust
Current Estimated Value
$2,212,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 5, 2020
Closed on
Oct 1, 2020
Sold by
Barakezyan Norik and Barakezyan Avetik
Bought by
Groat Michael Paul and Groat Tamara Lee
Seller's Agent
Team Michael Hilgenberg w/ Keller Will
Keller Williams Realty
Buyer's Agent
Lawrence Malestic
Andalusia Homes, Inc.
List Price
$959,000
Sold Price
$940,000
Premium/Discount to List
-$19,000
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.43%

Purchase Details

Listed on
Sep 1, 2018
Closed on
Nov 16, 2018
Sold by
Zograbyan Anna
Bought by
Barakezyan Norik
Seller's Agent
Rhonda Belous
Whitestar Management, Inc
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$839,000
Sold Price
$755,000
Premium/Discount to List
-$84,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$115,650
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2018
Closed on
Nov 14, 2018
Sold by
Lurie Elliot
Bought by
Barakezyan Norik and Barakezyan Avetik
Seller's Agent
Rhonda Belous
Whitestar Management, Inc
Buyer's Agent
Out Side Agent
Desert Real Estate Consultants, Inc.
List Price
$839,000
Sold Price
$755,000
Premium/Discount to List
-$84,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,650
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2015
Closed on
Aug 7, 2015
Sold by
Mandelstam William and Mandelstam Donna
Bought by
Lurie Elliot
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Judy Zeigler and Associates
Prudential
List Price
$879,000
Sold Price
$857,000
Premium/Discount to List
-$22,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.80%
Original Mortgage
$417,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2015
Sold by
Lurie Elliot
Bought by
Lurie Elliot

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jan 15, 2013
Sold by
Meltzer Barry M and Meltzer Robin S
Bought by
Mandelstam William and Mandelstam Donna
Seller's Agent
Maureen Croft
Bennion Deville Homes
Buyer's Agent
Maureen Croft
Bennion Deville Homes
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Aug 25, 2006
Sold by
Meltzer Barry M and Meltzer Robin S
Bought by
Meltzer Barry M and Meltzer Robin S

Purchase Details

Closed on
Feb 25, 2004
Sold by
Bouris John T
Bought by
Meltzer Barry M and Meltzer Robin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 31, 2001
Sold by
Bouris John T
Bought by
Bouris John T

Purchase Details

Closed on
Aug 26, 1997
Sold by
Jean Bouris Gloria
Bought by
Bouris John T
Source: Public Records

Range of Values:

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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
Zuccarini Family Trust $1,955,000 None Listed On Document
Groat Michael Paul $930,500 None Available
Barakezyan Norik -- Ticor Title Company
Barakezyan Norik $755,000 Ticor Title Company
Lurie Elliot $857,000 Lawyers Title Company
Lurie Elliot -- None Available
Mandelstam William $730,000 First American Title Company
Meltzer Barry M -- None Available
Meltzer Barry M $600,000 Fntic
Bouris John T -- --
Bouris John T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groat Family Trust $500,000
Previous Owner Groat Michael Paul $500,000
Previous Owner Barakezyan Norik $510,000
Previous Owner Barakezyan Norik $115,650
Previous Owner Barakezyan Norik $484,350
Previous Owner Lurie Elliot $417,000
Previous Owner Meltzer Barry M $100,000
Previous Owner Meltzer Barry M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $940,000 -2.0% $298 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $959,000 +27.0% $304 / Sq Ft
12/28/2018 12/28/18 Sold $755,000 -5.5% $239 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $799,000 -4.8% $253 / Sq Ft
09/01/2018 09/01/18 For Sale $839,000 -2.1% $266 / Sq Ft
09/23/2015 09/23/15 Sold $857,000 -2.5% $271 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $879,000 +20.4% $278 / Sq Ft
02/28/2013 02/28/13 Sold $730,000 -2.5% $231 / Sq Ft
02/17/2013 02/17/13 Pending -- -- --
01/08/2013 01/08/13 Price Changed $749,000 -6.3% $237 / Sq Ft
11/29/2012 11/29/12 For Sale $799,000 -- $253 / 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 $25,673 $2,074,661 $663,255 $1,411,406
2023 $25,673 $1,994,100 $637,500 $1,356,600
2022 $12,238 $948,804 $61,200 $887,604
2021 $11,930 $930,200 $60,000 $870,200
2020 $9,883 $770,100 $76,500 $693,600
2019 $9,698 $755,000 $75,000 $680,000
2018 $11,270 $891,622 $277,786 $613,836
2017 $11,038 $874,140 $272,340 $601,800
2016 $10,766 $857,000 $267,000 $590,000
2015 $9,562 $747,963 $262,299 $485,664
2014 $9,326 $733,313 $257,162 $476,151
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219047155

California Desert Association of REALTORS®

APN: 652-141-047