NOT LISTED FOR SALE

72985 Homestead Rd Unit 2 Palm Desert, CA 92260

Estimated Value: $354,000 - $502,135

3 Beds
2 Baths
1,568 Sq Ft
$515/mo HOA Fee

Last Sold June 26, 2015

Last sale price $215,000 $137 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,416/month

21 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Palm Desert High School Rated A
  • Gated Community
  • Mountain View

About This Home

As of June 2015

Another move in ready HomePath Property! Attention tennis lovers! This desirable, South Palm Desert, Tennis Community offers a fabulous life style! Spacious 3 bedroom, 2 bath condo is nicely upgraded and shows great! Remodeled kitchen offers granite counters, wood cabinets, stainless steel appliances and a bar area for your entertaining pleasure. Additional upgrades include; plantation shutters and beautifully maintained Paver flooring throughout. Relax by the floor to ceiling brick fire place. Enjoy amazing north and south mountain views from the private front and rear patios. Palm Desert Tennis Club offers; 8 lighted tennis courts, 6 pools, 5 spas and a terrific tennis program, including clinics. This is a very social club. Fabulous location! Close to El Paseo shopping and dining! This is a great opportunity to be a part of the lifestyle the Palm Desert Tennis Club offers! Perfect Desert Get-away or year round home. Call today to view!.

Last Agent to Sell the Property

Denise Francis

Coldwell Banker Realty License #01310492 Listed on: 06/04/2015

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Kovalenko

Keller Williams Realty License #01930674

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,311

Year Built

  • Built in 1973

Lot Details

  • 2,614

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Tile Roof
  • Stucco Exterior

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property
  • Brick Fireplace
  • Shutters
  • Living Room with Fireplace
  • Dining Area
  • Pavers Flooring
  • Mountain Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Secondary bathroom tub or shower combo
  • Shower Only in Secondary Bathroom

Pool

  • In Ground Pool
  • In Ground Spa

Schools

  • Washington Charter Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 652061002

Community Details

Overview

  • Association fees include clubhouse, insurance
  • Palm Desert Tennis Club Subdivision
  • Greenbelt

Amenities

  • Clubhouse
  • Card Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,311

Year Built

Built in 1973

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: One
  • Builders Tract Code: Palm Desert Tennis C
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 137.05
  • Lp Sp Ratio: 1.0005
  • View Type: Mountain(s)
  • Water District Name: CVWD
  • Year Built: 1973
  • Listing I D: 215017450
  • Listing Member Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Member Fax: (760) 459-1023
  • Listing Office Address: 72-605 Highway 111, Ste B1, Palm Desert, CA 92260
  • Listing Office Fax: (760) 776-1666
  • Selling Member Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Address: 47100 Washington St. Ste 101, La Quinta, CA 92253
  • Selling Office Fax: (760) 771-3063
  • Land Type: Fee
  • Subdivision: Palm Desert Tennis Club
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Gas Oven
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Brick
  • Flooring: Pavers
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Double Vanity(s), Shower Stall, Shower & Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Kitchen Features: Remodeled, Granite Slab Counters
  • Laundry: Laundry Area
  • Estimated Sq Ft: 1568.00
  • Windows Treatments: Shutters

Exterior Features

  • Construction: Stucco
  • Roofing: Tile
  • Patio: Covered, Concrete Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • 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: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Insurance
  • Association Amenities: Clubhouse, Tennis Courts, Recreation Room, Management, Greenbelt/Park, Card Room
  • HOA Information: Yes
  • HOA Fee 1: 515.00
  • Total Monthly Association Fees: 515.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 652061002
  • Lot Acres: 0.0600
  • Lot Location: Greenbelt
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • Elementary School: Washington Charter
  • School District: Coachella Valley Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jun 25, 2015
Sold by
Fannie Mae
Bought by
Gilligan Family Living Trust
Seller's Agent
Denise Francis
Coldwell Banker Realty
Buyer's Agent
Jennifer Kovalenko
Keller Williams Realty
List Price
$214,900
Sold Price
$215,000
Premium/Discount to List
$100
0.05%
Total Days on Market
21
Current Estimated Value
$454,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,534
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Jan 27, 2015
Sold by
Shepperd Patricia A
Bought by
Fannie Mae

Purchase Details

Closed on
May 27, 2003
Sold by
Staback Rudolph and Staback Grace
Bought by
Staback Rudolph and Staback Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2003
Sold by
Staback Rudolph and Staback Grace
Bought by
Shepherd Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
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
Gilligan Family Living Trust $215,000 Servicelink
Fannie Mae $188,000 Accommodation
Staback Rudolph -- Fidelity Natl Title Ins Co
Shepherd Patricia A $195,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shepherd Patricia A $240,800
Previous Owner Shepherd Patricia A $240,000
Previous Owner Shepherd Patricia A $90,000
Previous Owner Shepherd Patricia A $50,000
Previous Owner Shepherd Patricia A $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2015 06/26/15 Sold $215,000 0.0% $137 / Sq Ft
06/04/2015 06/04/15 For Sale $214,900 -- $137 / 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 $4,311 $248,356 $75,084 $173,272
2022 $4,140 $243,487 $73,612 $169,875
2021 $4,073 $238,714 $72,169 $166,545
2020 $4,004 $236,267 $71,429 $164,838
2019 $3,934 $231,635 $70,029 $161,606
2018 $3,878 $227,094 $68,656 $158,438
2017 $3,827 $222,642 $67,310 $155,332
2016 $3,758 $218,278 $65,991 $152,287
2015 $3,941 $229,071 $57,836 $171,235
2014 -- $224,586 $56,704 $167,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215017450

California Desert Association of REALTORS®

APN: 652-061-002