NOT LISTED FOR SALE

73280 Azure Rain Unit 101 Palm Desert, CA 92211

Estimated Value: $420,000 - $673,000

3 Beds
3 Baths
1,872 Sq Ft
958 Sq Ft Lot

Last Sold May 06, 2013

Last sale price $220,000 $118 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,080/month

122 Days on Market

About This Home

As of May 2013

Just like Brand New! Beautiful Monterey Ridge Condo. 3 bedrooms 2,5 baths. Huge Family/game room on the penthouse level. Finished 2 car garage. One of the most amazing community facilities in the desert with pools, barbecue area, playground area. Close to major shopping and dining. Freeway close. Unit is in mint condition. Mrs Clean lived here. Kitchen/Living on ground level, bedrooms on level 2 and penthouse level has huge bonus room perfect for game room, home cinema, or man cave. Enclosed patio. Private gated community with low HOA dues! Lowest priced condo for miles.

Last Agent to Sell the Property

Frank Alvarez

Berkshire Hathaway HomeServices California Properties License #00991580 Listed on: 11/25/2012

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,566

Year Built

2008

Lot Details

0

Parking

2

Listing Details

  • Cross Street: DICK KELLY
  • Active Date: 2013-02-16
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Building Size: 1872.0
  • Building Structure Style: Contemporary
  • Driving Directions: Monterey to Dick Kelly, Enter Monterrey Ridge Community
  • Full Street Address: 73280 AZURE RAIN
  • Number Of Remote Controls: 2
  • Pool Descriptions: Association Pool
  • Primary Object Modification Timestamp: 2014-05-25
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 1
  • View Type: City Lights View, Mountain View, Panoramic View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 2008

Interior Features

  • Eating Areas: Breakfast Area
  • Appliances: Built-Ins, Range
  • Advertising Remarks: Just like Brand New! Beautiful Monterey Ridge Condo. 3 bedrooms 2,5 baths. Huge Family/game room on the penthouse level. Finished 2 car garage. One of the most amazing community facilities in the desert with pools, barbecue area, playground area. Close to
  • Total Bedrooms: 3
  • Builders Tract Name: MONTEREY RIDGE
  • Fireplace: Yes
  • Levels: Three Or More Levels
  • Spa: Yes
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher
  • Floor Material: Carpet, Ceramic Tile
  • Kitchen Features: Granite Counters
  • Laundry: Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Entry Floor: 1
  • Construction: Stucco
  • Patio: Patio Open, Concrete Slab
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Spaces Total: 2
  • Parking Type: Garage - Two Door

Utilities

  • Water District: CVWD
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air
  • Security: Card/Code Access, Gated Community

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Outdoor Cooking Area, Playground
  • HOA: No
  • Association Rules: PetsPermitted
  • High Rise: Sun Deck
  • Association Name: Monterey Ridge

Schools

  • School District: Coachella Valley Unified

Multi Family

  • Total Floors: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2012
Closed on
Apr 16, 2013
Sold by
Shih Alan and Shih Andrea Randall
Bought by
Hong Jay and Hong Eva
Seller's Agent
Frank Alvarez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$225,000
Sold Price
$220,000
Premium/Discount to List
-$5,000
-2.22%
Current Estimated Value
$510,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,526
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Feb 3, 2011
Sold by
Gid Monterey Homes Llc
Bought by
Shih Alan and Shih Andrea Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,072
Interest Rate
3.62%
Mortgage Type
FHA
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
Hong Jay $220,000 Orange Coast Title Company
Shih Alan $208,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shih Alan $189,072
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2013 05/06/13 Sold $220,000 -2.2% $118 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $225,000 +2.3% $120 / Sq Ft
12/30/2012 12/30/12 Off Market $220,000 -- --
11/25/2012 11/25/12 For Sale $225,000 -- $120 / 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 $4,566 $270,899 $61,563 $209,336
2023 $4,566 $260,381 $59,173 $201,208
2022 $4,400 $255,276 $58,013 $197,263
2021 $4,281 $250,272 $56,876 $193,396
2020 $4,248 $247,706 $56,293 $191,413
2019 $4,187 $242,850 $55,190 $187,660
2018 $4,125 $238,089 $54,109 $183,980
2017 $4,087 $233,422 $53,049 $180,373
2016 $4,011 $228,846 $52,009 $176,837
2015 $3,896 $225,411 $51,229 $174,182
2014 $3,773 $220,998 $50,227 $170,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 12-637377PS

APN: 694-425-005