NOT LISTED FOR SALE

Estimated Value: $478,000 - $596,000

2 Beds
2 Baths
1,206 Sq Ft
$458/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $280,000 $232 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,005/month

1 Day on Market

About This Home

As of January 2015

Mountain Gate is a gated community of newer homes at the Gateway to Palm Springs. The community has pocket parks, walking paths, tennis courts, several community pools and breathtaking views of Mt. San Jacinto. This lovely home has been upgraded and well maintained. The charming 2-bedroom 2 bath home has a huge yard with low maintenance artificial grass and a charming cabana house. The possibilities are endless. Make this charming home your own. Seller is motivated! Bring all offers.

Last Agent to Sell the Property

Frank Alvarez

Berkshire Hathaway HomeServices California Properties License #00991580 Listed on: 11/24/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,435

Year Built

2004

Lot Details

0

Listing Details

  • Cross Street: TERRAZA LANE
  • Entry Location: Ground Level - no steps, Main Level
  • Active Date: 2014-11-24
  • Full Bathroom: 2
  • Building Size: 1206.0
  • Building Structure Style: Spanish
  • Driving Directions: Approach from Palm Canyon Drive, Head north on N Palm Canyon Dr, Turn right onto W Gateway Dr, Take the 1st left onto Mountain GateTake the 1st right onto Ventana Ridge, Take the 2nd left onto Terraza Ln, Take the 2nd right on Alta Ridge
  • Full Street Address: 732 ALTA RDG
  • Pool Descriptions: Association Pool, Community Pool
  • Primary Object Modification Timestamp: 2015-01-05
  • Spa Descriptions: Association Spa, Community
  • Mello Roos: Unknown
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2004

Interior Features

  • Bathroom Features: Double Vanity(s)
  • Bedroom Features: Main Floor Master Bedroom, Master Bedroom
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area
  • Appliances: Microwave, Range
  • Advertising Remarks: Mountain Gate is a gated community of newer homes at the Gateway to Palm Springs. The community has pocket parks, walking paths, tennis courts, several community pools and breathtaking views of Mt. San Jacinto. This lovely home has been upgraded and well
  • Total Bedrooms: 2
  • Builders Tract Code: 5040
  • Builders Tract Name: MOUNTAIN GATE
  • Fireplace: Yes
  • Levels: One Level
  • Playing Courts: Community, Tennis Court Private
  • Spa: Yes
  • Fireplace Rooms: Family Room
  • Appliances: Dishwasher, Garbage Disposal, Gas Dryer Hookup
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Ceramic Counters
  • Laundry: Individual Room
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 5663
  • Common Walls: Detached/No Common Walls
  • Construction: Stucco
  • Patio: Concrete Slab
  • Fence: Block Wall
  • Roofing: Clay Tile

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Type: Garage - Two Door

Utilities

  • Water District: DESERT WATER AGENCY
  • Cooling Type: Air Conditioning, Central A/C, Electric, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • Amenities: Barbecue, Gated Community, Picnic Area, Playground, Tennis Courts
  • HOA: No
  • Association Name: Mountain Gate

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2014
Closed on
Dec 23, 2014
Sold by
Eddington Michael
Bought by
Kwasnowski Michael P
Seller's Agent
Frank Alvarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%
Current Estimated Value
$512,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,357
Avg. Annual Appreciation
5.83%
Original Mortgage
$251,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2012
Sold by
Bolles Burna Rae
Bought by
Eddington Michael

Purchase Details

Closed on
May 16, 2006
Sold by
Bolles Burna Rae and Bolles Thomas
Bought by
Bolles Burna Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 3, 2005
Sold by
Bolles Burna Rae
Bought by
Bolles Burna Rae and Bolles Thomas

Purchase Details

Closed on
Jun 2, 2004
Sold by
Mountain Gate Palm Springs Ventures Llc
Bought by
Bolles Burna Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,160
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Kwasnowski Michael P $280,000 Orange Coast Title Co
Eddington Michael $160,000 Wfg Title Insurance Company
Bolles Burna Rae -- Southland Title
Bolles Burna Rae -- --
Bolles Burna Rae $224,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwasnowski Michael P $232,000
Closed Kwasnowski Michael P $251,800
Previous Owner Bolles Burna Rae $179,000
Previous Owner Bolles Burna Rae $179,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2015 01/05/15 Sold $280,000 -3.4% $232 / Sq Ft
11/25/2014 11/25/14 Pending -- -- --
11/24/2014 11/24/14 For Sale $290,000 -- $240 / Sq Ft
Source: Palm Springs Regional 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
2025 $3,435 $197,013 $49,250 $147,763
2023 $3,435 $189,365 $47,339 $142,026
2022 $3,619 $185,653 $46,411 $139,242
2021 $3,525 $182,013 $45,501 $136,512
2020 $3,171 $180,148 $45,035 $135,113
2019 $3,401 $176,616 $44,152 $132,464
2018 $3,299 $173,154 $43,287 $129,867
2017 $3,473 $169,760 $42,439 $127,321
2016 $3,395 $166,432 $41,607 $124,825
2015 $3,358 $163,934 $40,983 $122,951
2014 $3,347 $160,725 $40,181 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 14-812433PS

APN: 669-580-030