$344,375
SOLD JUL 13, 2020

72755 Cactus Ct Unit B Palm Desert, CA 92260

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

Recently Sold

$255 Per Sq Ft

2% Below List Price

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

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

Utilities

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

Additional Features

  • In Ground Spa
  • 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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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: 219043104

California Desert Association of REALTORS®

APN: 628-270-002