K
Seller's Agent in 2020
Kathleen Negrete
McGraw REALTORS & Associates
(760) 702-1212
23 Total Sales
73286 Azure Rain Unit 102 Palm Desert, CA 92211
Estimated Value: $404,000 - $639,000
2
Beds
2.5
Baths
1,624
Sq Ft
$217/mo
HOA Fee
Highlights
- Heated In Ground Pool
- Mountain View
- Great Room with Fireplace
- Gated Community
- Clubhouse
- Loft
About This Home
As of October 2020This Monterey Ridge home is incredible. Seller just made a substantial price reduction. Sellers have transferred out of state. This is in a Rarely on the market community! Well designed layout bright and light offers 2 master bedroom suits and a 3rd floor loft that could be 3rd bedroom. 2 1/2 bathrooms and First floor has a master suite. Large laundry room and garage access. Main level/second floor includes a second master bedroom, suite,, gourmet kitchen with granite counters and stainless steel appliances, dining nook and family/living room, which are adorned with a fireplace. Third floor has a private loft that could easily be a third bedroom. 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. Monterrey Ridge offers low HOA's at $217 per month with gated access and resort style amenities. The huge pool and rec area are currently shared by only 20 other home owners it has not been fully developed. Centrally located near I-10, shopping and the Cal State campus makes this property great for first time buyers, second home buyers and investors.
Last Agent to Sell the Property
McGraw REALTORS & Associates License #00974042 Listed on: 02/23/2020
Last Buyer's Agent
McGraw REALTORS & Associates License #00974042 Listed on: 02/23/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,148
Year Built
- Built in 2008
Lot Details
- 906
HOA Fees
- $217 Monthly HOA Fees
Interior Spaces
- 1,624 Sq Ft Home
- 1-Story Property
- Fireplace With Glass Doors
- Formal Entry
- Great Room with Fireplace
- 3 Fireplaces
- Living Room
- Dining Room
- Loft
- Bonus Room
- Mountain Views
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Parking
- 2 Parking Garage Spaces
- Garage Door Opener
- Unassigned Parking
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Shared Water Source
Additional Features
- Sprinkler System
- Ground Level
Listing and Financial Details
- Assessor Parcel Number 694425002
Community Details
Overview
- Monterey Ridge Subdivision
Amenities
- Community Barbecue Grill
- Clubhouse
Recreation
- Community Pool
- Community Spa
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2020
Closed on
Aug 25, 2020
Sold by
Garcia Ignacio and Ruiz Paulina Hernandez
Bought by
Brightman Daniel Arthur
Seller's Agent
Kathleen Negrete
McGraw REALTORS & Associates
Buyer's Agent
Kathleen Negrete
McGraw REALTORS & Associates
List Price
$319,000
Sold Price
$290,000
Premium/Discount to List
-$29,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,284
Avg. Annual Appreciation
10.39%
Original Mortgage
$232,000
Outstanding Balance
$205,885
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$271,399
Purchase Details
Closed on
Jul 24, 2018
Sold by
Mannion James E and Mannion Jeanine C
Bought by
Ruiz Paulina Hernandez and Garcia Ignacio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
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
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
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 10/07/2020 10/07/20 | Sold | $290,000 | -4.9% | $179 / Sq Ft |
| 09/28/2020 09/28/20 | Pending | -- | -- | -- |
| 07/18/2020 07/18/20 | Price Changed | $305,000 | -4.4% | $188 / Sq Ft |
| 02/23/2020 02/23/20 | For Sale | $319,000 | -- | $196 / Sq Ft |
Source: California Desert Association of REALTORS®
Tax History Compared to Growth
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
-
Kathleen Negrete
Map
Source: California Desert Association of REALTORS®
MLS Number: 219045504
APN: 694-425-002
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