$1,260,000
SOLD JUL 20, 2020

73140 Monterra Cir S Palm Desert, CA 92260

3 Beds
4.5 Baths
3,225 Sq Ft
0.28 Acres

Recently Sold

$391 Per Sq Ft

9% Below List Price

171 Days on Market

Highlights

  • In Ground Pool
  • Panoramic View
  • Open Floorplan
  • Palm Desert High School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of July 2020

Monterra | Situated in the 24-hour guard gated community of MONTERRA, just minutes from Ironwood Country Club, downtown El Paseo Drive, shopping, dining, many hiking trails and so much more! Perched high up in South Palm Desert with panoramic views and privacy, this highly upgraded Contemporary is light and bright with an easy living open floor plan. Soaring ceilings, walls of glass and wood flooring throughout offers a relaxed, yet luxurious contemporary feel. This home is all about indoor/outdoor living at its best. Open living and dining room with fireplace, office/den space with direct patio access, beautiful valley wide vista view cook's kitchen with Island and pool view breakfast area. View master suite with fireplace, double baths and walk-in closets, two beautiful guest suites, plus a large double garage plus cart garage. This is a must-see beauty!

Last Agent to Sell the Property

David Kibbey

Desert Sotheby's International Realty License #01341384 Listed on: 01/21/2020

Desert Sotheby's International Realty

Last Buyer's Agent

Richele Sarna

Compass License #01720389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,496

Year Built

  • Built in 1989

Lot Details

  • 0.28 Acre Lot
  • Block Wall Fence
  • Drip System Landscaping
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 3,225 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Security System Leased

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • In Ground Pool
  • Outdoor Pool
  • In Ground Spa

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 655030030

Community Details

Overview

  • Monterra Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,496

Year Built

Built in 1989

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Levels: One
  • Building Number Of Stories: 2
  • List Price per Sq Ft: 406.05
  • Lp Sp Ratio: 0.9600
  • View Type: City Lights, Mountain(s), Panoramic
  • Water District Name: Coachella Valley Water District
  • Year Built: 1989
  • Listing I D: 219038752
  • Listing Member Address: 74890 Highway 111, Indian Wells, CA 92210
  • Listing Member Fax: (760) 561-9333
  • Listing Office Address: 74890 Highway 111, Indian Wells, CA 92210
  • Post Direction: S
  • Selling Office Address: 74199 El Paseo Dr., #200, Palm Desert, CA 92260
  • Land Type: Fee
  • Subdivision: Monterra
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Fireplace Features: Gas Log
  • Flooring: Hardwood
  • Total Bedrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Estimated Sq Ft: 3225.00

Exterior Features

  • Roofing: Concrete
  • Fencing: Block
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Private
  • Pool Location: Private
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Driveway, Garage Door Opener
  • Total Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning, Central Air, Zoned
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Gated Community, Security System Leased
  • Sewer: In, Connected and Paid
  • Water: Water District

Association/Amenities

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

Condo/Co-op/Association

  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 250.00
  • Total Monthly Association Fees: 250.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 655030030
  • Irrigation: Drip System, Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2800
  • Lot Description: Back Yard, Front Yard, Landscaped, Lawn
  • Lot Size: 12197.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Desert Sands Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jun 22, 2020
Sold by
Harvey William Hunter and Harvey Shaneea
Bought by
Deloney Lisa G and Deloney Richard V
Seller's Agent
David Kibbey
Desert Sotheby's International Realty
Buyer's Agent
Richele Sarna
Compass
List Price
$1,388,900
Sold Price
$1,260,000
Premium/Discount to List
-$128,900
-9.28%
Total Days on Market
171
Current Estimated Value
$1,721,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,112
Avg. Annual Appreciation
6.03%
Original Mortgage
$500,000
Outstanding Balance
$371,027
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,304,908

Purchase Details

Listed on
Jul 11, 2015
Closed on
Oct 21, 2015
Sold by
Babcock A D
Bought by
Harvey William Hunter and Harvey Shaneen
Seller's Agent
Jack Janssen
Janssen Properties
Buyer's Agent
David Kibbey
Coldwell Banker Residential Brokerage
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$612,400
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2003
Sold by
Babcock A D and Babcock Shirley L
Bought by
Babcock A D and Babcock Shirley 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 $1,260,000 Lawyers Title Company
Grant Deed $750,000 Fidelity National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $612,400 Purchase Money Mortgage
Previous Owner $500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $1,260,000 -3.8% $391 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
04/19/2020 04/19/20 Price Changed $1,309,500 -5.7% $406 / Sq Ft
01/21/2020 01/21/20 For Sale $1,388,900 +85.2% $431 / Sq Ft
10/30/2015 10/30/15 Sold $750,000 -9.1% $233 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
07/11/2015 07/11/15 For Sale $825,000 -- $256 / 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 $17,496 $1,319,018 $393,271 $925,747
2022 $16,683 $1,293,156 $385,560 $907,596
2021 $16,100 $1,260,000 $378,000 $882,000
2020 $10,522 $811,822 $243,546 $568,276
2019 $10,323 $795,905 $238,771 $557,134
2018 $10,130 $780,300 $234,090 $546,210
2017 $9,921 $765,000 $229,500 $535,500
2016 $10,425 $750,000 $225,000 $525,000
2015 $11,690 $903,158 $153,068 $750,090
2014 $11,289 $885,469 $150,071 $735,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219038752

California Desert Association of REALTORS®

APN: 655-030-030