NOT LISTED FOR SALE

72712 Bursera Way Unit 4 Palm Desert, CA 92260

Estimated Value: $225,000 - $281,000

2 Beds
1 Bath
924 Sq Ft
$280/mo HOA Fee

Last Sold December 08, 2020

Last sale price $160,000 $173 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,818/month

8 Days on Market

Highlights

  • Unit is on the top floor
  • In Ground Pool
  • 2 Fireplaces
  • Palm Desert High School Rated A
  • Traditional Architecture
  • Hiking Trails

About This Home

As of December 2020

This townhome has two bedroom and one bath. Indian Creek Villas has two community pools and spas.It is close to El paseo, College of the Desert, Living Desert as well as Westfield Mall, in Palm Desert

Last Agent to Sell the Property

Milenka Stark

Bennion Deville Homes License #01944972 Listed on: 10/13/2020

Last Buyer's Agent

Kendale Trahan

License #01089852

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1971

Lot Details

  • Northeast Facing Home
  • Sprinkler System

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • "S" Clay Tile Roof
  • Stucco Exterior

Interior Spaces

  • 924 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Blinds
  • Living Room
  • Laminate Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Car Attached Garage
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Schools

  • Washington Charter Elementary School
  • Palm Desert Middle School
  • Palm Desert High School

Utilities

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

Additional Features

  • Green Features
  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 628202015

Community Details

Overview

  • Association fees include cable TV
  • Indian Creek Villas Subdivision
  • Greenbelt

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa
  • Hiking Trails

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,531

Year Built

Built in 1971

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North, Leisure Faces East, Leisure Faces North
  • Levels: Two
  • Builders Tract Code: 3953
  • Building Style: Traditional
  • Entry Location: Living Room
  • List Price per Sq Ft: 173.16
  • Lp Sp Ratio: 1.0000
  • Water District Name: Coachella Valley Water District
  • Year Built: 1971
  • Listing I D: 219051320
  • Listing Office Address: 44-530 San Pablo Ste 101, Palm Desert, CA 92260
  • Listing Office Fax: (760) 340-9254
  • Selling Member Address: 79405 Hwy 111, Suite 9, #353, La Quinta, CA 92253
  • Selling Office Address: 80285 Via Valerosa, La Quinta, CA 92253
  • Selling Office Fax: (760) 262-3221
  • Land Type: Fee
  • New Construction: No
  • Subdivision: Indian Creek Villas
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Flooring: Laminate
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar
  • Laundry: Community, Outside, Individual Room
  • Estimated Sq Ft: 924.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony
  • Roofing: Clay Tile
  • Patio: Balcony
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground, Fenced
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In Street on Bond
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Association #2 Frequency: Monthly
  • Association #3 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • Association Amenities: Greenbelt/Park, Pet Rules, Hiking Trails
  • HOA Information: Yes
  • HOA Fee 1: 280.00
  • Total Monthly Association Fees: 280.00
  • Unit Location: Top Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 628202015
  • Irrigation: Sprinkler System
  • Lot Description: Sidewalks, Utilities Underground, Street Lighting, Street Public, Street Paved
  • Lot Size: 871.00

Green Features

  • Green Features: Yes

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • Elementary School: Washington Charter
  • High School: Palm Desert
  • Junior Middle School: Palm Desert
  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Oct 29, 2020
Sold by
Novakovic Predrag
Bought by
Lusch John and Lusch Cynthia Kay
Seller's Agent
Milenka Stark
Bennion Deville Homes
Buyer's Agent
Kendale Trahan
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$251,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,367
Avg. Annual Appreciation
9.54%
Original Mortgage
$128,000
Outstanding Balance
$113,902
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$137,465

Purchase Details

Closed on
Dec 1, 2010
Sold by
Federal National Mortgage Association
Bought by
Novakovic Predrag

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,326
Interest Rate
4.71%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2010
Sold by
Barmet Elena
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 9, 2005
Sold by
Downs Donald L and Downs Wanda L
Bought by
Barmet Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lusch John $160,000 Stewart Title Company
Novakovic Predrag $66,000 First American Title Ins Co
Federal National Mortgage Association $142,000 Commerce Title Company
Barmet Elena $177,500 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lusch John $128,000
Previous Owner Novakovic Predrag $64,326
Previous Owner Barmet Elena $142,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $160,000 0.0% $173 / Sq Ft
11/30/2020 11/30/20 Price Changed $160,000 0.0% $173 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/21/2020 10/21/20 Price Changed $160,000 -3.0% $173 / Sq Ft
10/20/2020 10/20/20 Price Changed $165,000 +10.0% $179 / Sq Ft
10/13/2020 10/13/20 For Sale $150,000 0.0% $162 / Sq Ft
06/01/2015 06/01/15 Rented $975 0.0% --
05/29/2015 05/29/15 Under Contract -- -- --
05/05/2015 05/05/15 For Rent $975 +2.6% --
11/19/2014 11/19/14 Rented $950 0.0% --
10/13/2014 10/13/14 Under Contract -- -- --
09/20/2014 09/20/14 For Rent $950 -- --
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 $2,531 $173,186 $43,296 $129,890
2023 $2,531 $166,464 $41,616 $124,848
2022 $2,395 $163,200 $40,800 $122,400
2021 $2,332 $160,000 $40,000 $120,000
2020 $1,311 $77,304 $23,188 $54,116
2019 $1,293 $75,789 $22,734 $53,055
2018 $1,274 $74,304 $22,289 $52,015
2017 $1,254 $72,848 $21,852 $50,996
2016 $1,231 $71,421 $21,424 $49,997
2015 $1,233 $70,350 $21,103 $49,247
2014 $1,218 $68,974 $20,691 $48,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219051320

California Desert Association of REALTORS®

APN: 628-202-015