$190,000
SOLD JUN 15, 2016

72755 Cactus Ct Unit B Palm Desert, CA 92260

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

Recently Sold

$141 Per Sq Ft

20% Below List Price

137 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • Laundry Room
  • Palm Desert High School Rated A
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of July 2020

Huge Price Reduction!! Don't miss this gorgeous and recently updated condo in move-in condition in prime South Palm Desert community of Shadow Cove. Freshly painted, with new carpeting, newer furnace and water heater, and light fixtures. Walking distance to El Paseo, shopping and dining, with tennis courts and community pools. Large open floorplan with three patios, vaulted ceilings and all rooms are bathed in natural light. Attached two car garage with storage cabinets. Terrific vacation home or investment rental property.

Last Agent to Sell the Property

Robin Grant

HK Lane Real Estate License #01309235 Listed on: 12/17/2015

Last Buyer's Agent

Dan Hamilton

Coldwell Banker Realty License #01923960

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1976

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Mountain Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Listing and Financial Details

  • Assessor Parcel Number 628270002

Community Details

Overview

  • Association fees include trash
  • Kings Point Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

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
  • Levels: One
  • Builders Tract Code: Kings Point
  • Building Number Of Stories: 1
  • Included In Sale: Washer, dryer and refrigerator.
  • List Price per Sq Ft: 153.33
  • Lp Sp Ratio: 0.9179
  • View Type: Mountain(s)
  • Year Built: 1976
  • Listing I D: 215038220
  • Listing Office Address: 78100 Main Street, Ste. 108, La Quinta, CA 92253
  • Listing Office Fax: (760) 541-4899
  • 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: Kings Point
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplace Location: Family Room
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Laundry: Individual Room
  • Estimated Sq Ft: 1350.00

Exterior Features

  • Other Features: Tennis Court
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Trash
  • Association Amenities: Tennis Courts
  • 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

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
137
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 Type Sale Price Title Company
Grant Deed $344,500 Equity Title Orange County
Grant Deed $190,000 Equity Title Company
Grant Deed $89,000 Old Republic Title Company
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,950 New Conventional
Closed $275,500 New Conventional
Previous Owner $161,500 New Conventional
Previous Owner $62,300 Purchase Money Mortgage
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

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215038220

California Desert Association of REALTORS®

APN: 628-270-002