NOT LISTED FOR SALE

73286 Azure Rain Unit 102 Palm Desert, CA 92211

Estimated Value: $404,000 - $639,000

2 Beds
2.5 Baths
1,624 Sq Ft
$215/mo HOA Fee

Last Sold August 28, 2018

Last sale price $260,000 $160 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,167/month

26 Days on Market

Highlights

  • Heated Lap Pool
  • Primary Bedroom Suite
  • Clubhouse
  • Gourmet Kitchen
  • Mountain View
  • Traditional Architecture

About This Home

As of August 2018

This Monterey Ridge unit is a show stopper! Current owners have meticulously cared for and improved this 1624 s.f. unit. Well designed layout offers 2 bedrooms, 2 1/2 bathrooms and third floor loft. First floor bedroom could be a second master suite. Main level/second floor includes master bedroom, powder room, gourmet kitchen with granite counters and stainless steel appliances, dining nook and family/living room. Third floor loft offers endless possibilities. Current owners use the loft as a media room/office, but, could be a bunk room, game room or even an art/music studio. Monterey Ridge offers low HOA's with gated access and resort style amenities. Centrally located near I-10, shopping and the Cal State campus makes this property great for first time buyers, second home buyers and investors. Furnishings available outside of escrow.

Last Agent to Sell the Property

Kimberly Oleson

Urban Living License #02040875 Listed on: 06/24/2018

Last Buyer's Agent

Kathleen Negrete

McGraw REALTORS & Associates License #00974042

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,148

Year Built

  • Built in 2008

Lot Details

  • East Facing Home

HOA Fees

  • $215 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Custom Window Coverings
  • Vertical Blinds
  • French Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Bonus Room
  • Mountain Views
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Home Security

Parking

  • 2 Car Attached Garage
  • Automatic Gate
  • Guest Parking
  • On-Street Parking
  • Unassigned Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 694425002

Community Details

Overview

  • Association fees include building & grounds
  • 20 Units
  • Monterey Ridge Subdivision
  • On-Site Maintenance

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction
  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,148

Year Built

Built in 2008

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East
  • Levels: Three Or More
  • Builders Tract Code: Monterey Ridge
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Floor: 1
  • Included In Sale: Furnishings available outside of escrow.
  • List Price per Sq Ft: 162.87
  • Lp Sp Ratio: 0.9830
  • Unit Total In Complex: 20
  • View Type: Mountain(s)
  • Year Built: 2008
  • Listing I D: 218018828
  • Listing Office Address: 78065 Main St., #107, La Quinta, CA 92253
  • Selling Member Address: 42640 Glass Dr., Indio, CA 92203
  • Selling Office Address: 42640 Glass Dr., Indio, CA 92203
  • Land Type: Fee
  • Subdivision: Monterey Ridge
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Electric Oven, Electric Range, Refrigerator, Disposal
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Electric
  • Flooring: Carpet, Tile, Mixed, Laminate
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet, Master Suite, Main Floor Master Bedroom
  • Total Bedrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Living/Dining Combo, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Tile Counters, Island
  • Laundry: Individual Room
  • Estimated Sq Ft: 1624.00
  • Windows Treatments: Custom Window Covering, Blinds, Vertical Blinds

Exterior Features

  • Construction: Stucco, Stone Veneer, Stone
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Lap, Not Heated
  • 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
  • Parking: On Street, Unassigned, Guest
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish
  • Cooling Type: Ceiling Fan(s), Central Air
  • Heating: Central
  • Heating Fuel: Natural Gas
  • Security: Automatic Gate, Fire Sprinkler System, Card/Code Access
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Community Mailbox
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Clubhouse, Pet Rules, Playground, Maintenance Grounds, Guest Parking
  • HOA Information: Yes
  • HOA Fee 1: 215.00
  • Total Monthly Association Fees: 215.00
  • Unit Location: Inside Unit

Lot Info

  • Assessor Parcel Number: 694425002
  • Lot Acres: 0.0200
  • Lot Size: 910.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2020
Sold by
Garcia Ignacio and Ruiz Paulina Hernandez
Bought by
Brightman Daniel Arthur
Current Estimated Value
$477,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$205,885
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$271,399

Purchase Details

Listed on
Jun 24, 2018
Closed on
Jul 24, 2018
Sold by
Mannion James E and Mannion Jeanine C
Bought by
Ruiz Paulina Hernandez and Garcia Ignacio
Seller's Agent
Kimberly Oleson
Urban Living
Buyer's Agent
Kathleen Negrete
McGraw REALTORS & Associates
List Price
$264,500
Sold Price
$260,000
Premium/Discount to List
-$4,500
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$208,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2014
Sold by
Payne Meredith
Bought by
Mannion James E and Mannion Jeanine C

Purchase Details

Closed on
Apr 27, 2010
Sold by
Gid Monterey Homes Llc
Bought by
Payne Meredith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,332
Interest Rate
4.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brightman Daniel Arthur $290,000 Lawyers Title Ie
Ruiz Paulina Hernandez $260,000 First American Title Company
Mannion James E $210,000 Chicago Title
Payne Meredith $200,000 Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brightman Daniel Arthur $232,000
Previous Owner Ruiz Paulina Hernandez $208,000
Previous Owner Payne Meredith $197,332
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $260,000 -1.7% $160 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/24/2018 06/24/18 For Sale $264,500 -- $163 / 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
2025 $5,148 $313,903 $81,181 $232,722
2023 $5,148 $301,716 $78,030 $223,686
2022 $4,986 $295,800 $76,500 $219,300
2021 $4,856 $290,000 $75,000 $215,000
2020 $4,520 $265,200 $76,500 $188,700
2019 $0 $260,000 $75,000 $185,000
2018 $3,978 $221,813 $63,375 $158,438
2017 $3,946 $217,465 $62,133 $155,332
2016 $3,876 $213,202 $60,915 $152,287
2015 $3,768 $210,000 $60,000 $150,000
2014 $3,626 $209,010 $52,255 $156,755
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Desert Association of REALTORS®

MLS Number: 218018828

California Desert Association of REALTORS®

APN: 694-425-002