NOT LISTED FOR SALE

72755 Cactus Ct Unit B Palm Desert, CA 92260

Estimated Value: $371,000 - $575,000

2 Beds
2 Baths
1,350 Sq Ft
$500/mo HOA Fee

Last Sold July 13, 2020

Last sale price $344,375 $255 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,496/month

46 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Mountain View
  • Palm Desert High School Rated A
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of July 2020

Own a beautifully remodeled condo designed by renowned mid-century modern architect Hugh Kaptur in King's Point, featuring the architect's hallmark design elements ... three private patios providing indoor-outdoor living, vaulted ceilings with clerestory windows, and soaring rooflines. This 2 bedroom 2 bath 1,350 sq. ft. home has an open floor plan with sleek, stylish upgrades throughout. The remodeled kitchen features custom white cabinets and modern quartz waterfall countertops. The spacious master bedroom includes an elegant master bath with shower, a soaking tub, and double vanities, and a walk-in closet. With three patios and an open floor plan, this home is perfect for entertaining friends and family or just relaxing and taking in the sun. You'll appreciate the attached 2-car garage with direct access and the separate laundry room. With historical designation by the city of Palm Desert, the home is eligible for property tax reductions under the Mills Act. In a great Palm Desert location, you're just a short walk from all the best restaurants and shopping on El Paseo! HOA amenities include two pools, two spas and tennis courts. Some furnishings may be available for purchase.

Last Agent to Sell the Property

Dan Hamilton

Coldwell Banker Realty License #01923960 Listed on: 05/17/2020

Coldwell Banker Realty

Last Buyer's Agent

Jonathan Olow

Big Block Realty License #01489448

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1976

Lot Details

  • 1,307

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Mountain
  • Desert

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Home has sun exposure from multiple directions
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 628270002

Community Details

Overview

  • Association fees include maintenance paid
  • Kings Point Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Community Mailbox

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,919

Year Built

Built in 1976

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces West, Leisure Faces East, Leisure Faces South
  • Levels: Ground Level, No Unit Above, Ground, One
  • Building Number Of Stories: 1
  • Building Style: Contemporary
  • Included In Sale: All kitchen appliances, washer and dryer.
  • List Price per Sq Ft: 259.26
  • Lp Sp Ratio: 0.9800
  • View Type: Desert, Mountain(s)
  • Year Built: 1976
  • Listing I D: 219043104
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 2820 Camino Del Rio South, Suite 314, San Diego, CA 92108
  • Selling Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Selling Office Fax: (760) 776-1666
  • Land Type: Fee
  • Subdivision: Kings Point
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Washer, Refrigerator, Disposal, Dishwasher
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Open Floorplan, Vaulted Ceiling(s), Recessed Lighting
  • Fireplace Features: Decorative, Gas Starter
  • Flooring: Tile
  • Bedroom Features: Primary Suite, Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Double Vanity(s), Tile Shower, Shower & Tub, Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Remodeled
  • Laundry: Individual Room
  • Estimated Sq Ft: 1350.00
  • Windows Treatments: Double Pane Windows, Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Flat, Tile
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: On Street, Driveway, Garage Door Opener, Direct Entrance, Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Water Heater Unit

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Maintenance Paid
  • Association Amenities: Greenbelt/Park, Pet Rules, Maintenance Grounds, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 500.00
  • Total Monthly Association Fees: 500.00

Lot Info

  • Assessor Parcel Number: 628270002
  • Lot Acres: 0.0300
  • Lot Size: 1307.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jun 10, 2020
Sold by
Basile Paul P and Hunt Vicki J
Bought by
Defauw Matthew Aaron and Avoledo Jennifer Denise
Seller's Agent
Dan Hamilton
Coldwell Banker Realty
Buyer's Agent
Jonathan Olow
Big Block Realty
List Price
$350,000
Sold Price
$344,375
Premium/Discount to List
-$5,625
-1.61%
Total Days on Market
46
Current Estimated Value
$487,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,846
Avg. Annual Appreciation
6.73%
Original Mortgage
$275,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2015
Closed on
May 5, 2016
Sold by
Patrick Timothy W and De Looze Melissa J
Bought by
Basile Paul P and Hunt Vicki L
Seller's Agent
Robin Grant
HK Lane Real Estate
Buyer's Agent
Dan Hamilton
Coldwell Banker Realty
List Price
$237,000
Sold Price
$190,000
Premium/Discount to List
-$47,000
-19.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%
Original Mortgage
$161,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 1997
Sold by
Degrandis Ronald L
Bought by
Patrick Timothy W and Delooze Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,300
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 1996
Sold by
Degrandis Ronald L
Bought by
Degrandis Ronald L

Purchase Details

Closed on
Feb 4, 1994
Sold by
Button Louise M and Button Richard
Bought by
Degrandis Ronald L
Source: Public Records

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Range of Values:

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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
Defauw Matthew Aaron $344,500 Equity Title Orange County
Basile Paul P $190,000 Equity Title Company
Patrick Timothy W $89,000 Old Republic Title Company
Degrandis Ronald L -- Chicago Title Co
Degrandis Ronald L -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defauw Matthew Aaron $270,950
Closed Defauw Matthew Aaron $275,500
Previous Owner Basile Paul P $161,500
Previous Owner Patrick Timothy W $62,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $344,375 -1.6% $255 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
05/17/2020 05/17/20 For Sale $350,000 +84.2% $259 / Sq Ft
06/15/2016 06/15/16 Sold $190,000 -8.2% $141 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
03/29/2016 03/29/16 Price Changed $207,000 -4.6% $153 / Sq Ft
03/01/2016 03/01/16 Price Changed $217,000 -8.4% $161 / Sq Ft
12/17/2015 12/17/15 For Sale $237,000 -- $176 / 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
2023 $4,919 $358,285 $93,633 $264,652
2022 $4,689 $351,261 $91,798 $259,463
2021 $4,592 $344,375 $89,999 $254,376
2020 $2,861 $205,658 $51,954 $153,704
2019 $2,812 $201,627 $50,936 $150,691
2018 $2,765 $197,675 $49,939 $147,736
2017 $2,715 $193,800 $48,960 $144,840
2016 $1,812 $120,020 $40,452 $79,568
2015 $1,818 $118,220 $39,846 $78,374
2014 $1,793 $115,906 $39,066 $76,840
Source: Public Records

Agents Affiliated with this Home

  • Dan Hamilton

    Seller's Agent in 2020

    Dan Hamilton

    Coldwell Banker Realty

    (760) 625-7229

    141 Total Sales

    Dan Hamilton
    Section Image
  • Jonathan Olow

    Buyer's Agent in 2020

    Jonathan Olow

    Big Block Realty

    (619) 823-9900

    66 Total Sales

    Section Image

  • R

    Seller's Agent in 2016

    Robin Grant

    HK Lane Real Estate

See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 219043104

California Desert Association of REALTORS®

APN: 628-270-002

California Riverside County Palm Desert 92260

72755 Cactus Ct Unit B, Palm Desert, CA

This home is located at 72755 Cactus Ct Unit B, Palm Desert, CA 92260 since 17 May 2020 and is currently estimated at $487,221, approximately $360 per square foot. This property was built in 1976. 72755 Cactus Ct Unit B is a home located in Riverside County with nearby schools including La Quinta Middle School, Palm Desert High School, and George Washington Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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