NOT LISTED FOR SALE

73340 Shadow Mountain Dr Unit 44 Palm Desert, CA 92260

South Palm Desert Neighborhood

Estimated Value: $400,000 - $437,000

2 Beds
2.5 Baths
1,250 Sq Ft
$300/mo HOA Fee

Last Sold July 07, 2016

Last sale price $185,000 $148 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,753/month

19 Days on Market

Highlights

  • Private Pool
  • No Units Above
  • Mountain View
  • Palm Desert High School Rated A
  • Primary Bedroom Suite
  • Retreat

About This Home

As of July 2016

LOCATION, LOCATION, LOCATION! LOVELY FURNISHED EL PASEO TOWN HOME - STEPS OFF MID El PASEO. RARE- REMODELED – CONTEMPORARY-OPEN -LIGHT AND BRIGHT- END UNIT -- SANDROC

Park the Car and walk EVERYWHERE! El Paseo is the Rodeo Drive of the desert where EVERYONE "Hangs Out". There’s a dramatic black and white theme in this home, with black marble counter tops and dining room table, white tile floors and new stainless appliances downstairs. A cozy fireplace is featured in the living room. Upstairs, there’s bamboo flooring throughout the master bedroom, office and bath with a large custom wood, walk in closet. A convenient upstairs laundry w/new front loading washer and dryer are included. Two patios give you plenty of out- door space w/view of the beautiful Santa Rosa mountains and tram!

Walk to the finest desert restaurants, with Mastros right on the corner, and ONE block away to Sullivan’s Steak house Wolfgang Puck, Armando’s, Tommy Bahamas, to name a few. WORLD CLASS shopping is also ONE block away at the Gardens w/Saks, Tiffany, Luis Vuitton, & Coach, the Apple Store, & boutique super market, as well as banks and galleries are steps away! This home has a newer furnace/air conditioner, new hot water heater, dishwasher, stove & includes the Fridge.

Last Agent to Sell the Property

CASSONDRA ALONGI

Cassondra Alongi, Broker License #01362135 Listed on: 06/01/2016

Cassondra Alongi, Broker

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1973

Lot Details

  • Property fronts an alley
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $300 Monthly HOA Fees

Interior Spaces

  • 1,250 Sq Ft Home
  • Free Standing Fireplace
  • Family Room
  • Living Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Parking

  • Detached Carport Space
  • Parking Available

Outdoor Features

  • Private Pool
  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 4866
  • Assessor Parcel Number 627400044

Community Details

Overview

  • 20 Units
  • Desert Management Association, Phone Number (760) 862-1202

Amenities

  • Meeting Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,960

Year Built

Built in 1973

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Full price offer includes Furniture and washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Sandroc (32334)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 627400044
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1250.00
  • Interior Amenities: Balcony
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Living Room
  • Levels: Two
  • Price Per Square Foot: 148.00
  • Room Type: All Bedrooms Up, Family Room, Master Suite, Retreat

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Enclosed, Patio Open, Front Porch
  • Pool Features: Association, Community
  • Pool Private: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Meeting Room, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Desert Management
  • Phone: 760-862-1202
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 44
  • Tax Tract Number: 4866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jun 30, 2016
Sold by
Bauer Andrea
Bought by
Leto James J and Leto Wendy P
Seller's Agent
CASSONDRA ALONGI
Cassondra Alongi, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$214,900
Sold Price
$185,000
Premium/Discount to List
-$29,900
-13.91%
Current Estimated Value
$415,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,992
Avg. Annual Appreciation
9.57%

Purchase Details

Closed on
Apr 13, 2007
Sold by
Bauer Andrea
Bought by
Bauer Andrea

Purchase Details

Closed on
Feb 10, 1995
Sold by
Olson Gary L
Bought by
Olson Andrea L

Purchase Details

Closed on
Sep 15, 1994
Sold by
Busenbark Robert L
Bought by
Olson Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 1994
Sold by
Olson Andrea L
Bought by
Olson Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.62%
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
Leto James J $185,000 Stewart Title Of Ca Inc
Bauer Andrea -- Orange Coast Title Co
Olson Andrea L -- Fidelity National Title Ins
Olson Gary L $70,000 Fidelity National Title Ins
Busenbark Robert L -- --
Olson Gary L -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Gary L $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2016 07/07/16 Sold $185,000 -13.9% $148 / Sq Ft
06/20/2016 06/20/16 For Sale $214,900 0.0% $172 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $214,900 +16.2% $172 / Sq Ft
06/01/2016 06/01/16 Off Market $185,000 -- --
06/01/2016 06/01/16 For Sale $224,900 -- $180 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,960 $208,898 $52,222 $156,676
2023 $2,960 $200,789 $50,196 $150,593
2022 $2,807 $196,853 $49,212 $147,641
2021 $2,736 $192,995 $48,248 $144,747
2020 $2,691 $191,017 $47,754 $143,263
2019 $2,646 $187,272 $46,818 $140,454
2018 $2,601 $183,600 $45,900 $137,700
2017 $2,553 $180,000 $45,000 $135,000
2016 $1,482 $99,298 $35,458 $63,840
2015 $1,561 $97,808 $34,926 $62,882
2014 $1,463 $95,894 $34,243 $61,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16116723

California Regional Multiple Listing Service (CRMLS)

APN: 627-400-044