NOT LISTED FOR SALE

776 Summit Dr Palm Springs, CA 92262

Mountain Gate Neighborhood

Estimated Value: $372,000 - $671,301

3 Beds
2 Baths
1,630 Sq Ft
$353/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $327,000 $201 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,622/month

48 Days on Market

Highlights

  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Desert View
  • Palm Springs High School Rated A-
  • Gated Community
  • 4-minute walk to Desert Highland Park

About This Home

As of November 2016

3 Bedroom, 2 BA. Tierra Linda Model. Brand new modern flooring and paint throughout. There is no longer any carpet. Very large pool sized backyard with grass and patio. 2 car garage, inside laundry. Unbelievable mountain views from front and views from the back as well. Almost the lowest HOA dues in the valley at $100 per month. Community has 3 pools, spas, tennis courts, roving security, greenbelts. Community pool and greenbelt is right across the street! Close to town, shopping and restaurants right off Palm Canyon Drive..

Last Agent to Sell the Property

Carol Appel

HomeSmart License #01805889 Listed on: 07/25/2016

HomeSmart

Last Buyer's Agent

Carol Appel

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,611

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Sprinklers on Timer

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • Direct Access Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Blinds
  • Sliding Doors
  • Great Room with Fireplace
  • Dining Area
  • Desert Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Secondary bathroom tub or shower combo

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • In Ground Spa
  • Gunite Spa

Schools

  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Water Heater
  • Sewer in Street

Additional Features

  • Concrete Porch or Patio
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 669580014

Community Details

Overview

  • Association fees include building & grounds
  • Built by Century Vintage
  • Mountain Gate Subdivision, Tierra Linda Floorplan
  • Greenbelt

Amenities

  • Picnic Area
  • Community Mailbox

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,611

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South
  • Levels: One
  • Builder Model Name: Tierra Linda
  • Builder Name: Century Vintage
  • Builders Tract Code: Mountain Gate
  • Building Number Of Stories: 1
  • Building Style: Traditional
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 201.84
  • Lp Sp Ratio: 0.9939
  • View Type: Desert
  • Year Built: 2004
  • Listing I D: 216021916
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 657-2612
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Fax: (760) 657-2612
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Mountain Gate
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Range
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: High Ceilings (9 Ft+)
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile
  • Bedroom Features: All Bedrooms Down, Master Suite, Walk In Closet
  • Total Bedrooms: 3
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Tile Counters
  • Laundry: Individual Room
  • Estimated Sq Ft: 1630.00
  • Windows Treatments: Blinds

Exterior Features

  • Construction: Stucco
  • Roofing: Concrete, Tile
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab
  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Card/Code Access
  • Sewer: In Street on Bond
  • Water: Water District
  • Water Heater Feature: Water Heater Unit

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Greenbelt/Park, Picnic Area, Playground, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 100.00
  • Total Monthly Association Fees: 100.00
  • Unit Location: Ground Floor

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 669580014
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.1900
  • Lot Size: 8276.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • High School: Palm Springs
  • Junior Middle School: Raymond Cree
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Oct 22, 2016
Sold by
Lin Meihua
Bought by
Loya Michelle A
Seller's Agent
Carol Appel
HomeSmart
Buyer's Agent
Carol Appel
List Price
$329,000
Sold Price
$327,000
Premium/Discount to List
-$2,000
-0.61%
Current Estimated Value
$557,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,825
Avg. Annual Appreciation
6.65%
Original Mortgage
$321,077
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2008
Sold by
Lin Meihua
Bought by
Meihua Lin Revocable Living Trust

Purchase Details

Closed on
Jun 7, 2004
Sold by
Mountain Gate Palm Springs Ventures Llc
Bought by
Lin Meihua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,916
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Loya Michelle A $327,000 Orange Coast Title Company
Meihua Lin Revocable Living Trust -- None Available
Lin Meihua $274,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loya Michelle A $75,000
Open Loya Michelle A $415,140
Closed Loya Michelle A $63,150
Closed Loya Michelle A $63,150
Closed Loya Michelle A $336,800
Closed Loya Michelle A $27,900
Closed Loya Michelle A $321,077
Previous Owner Lin Meihua $100,000
Previous Owner Lin Meihua $225,700
Previous Owner Lin Meihua $218,916
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $327,000 -0.6% $201 / Sq Ft
10/07/2016 10/07/16 Pending -- -- --
10/06/2016 10/06/16 For Sale $329,000 0.0% $202 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
08/20/2016 08/20/16 For Sale $329,000 +0.6% $202 / Sq Ft
07/25/2016 07/25/16 Off Market $327,000 -- --
07/01/2016 07/01/16 Rented $1,750 0.0% --
06/30/2016 06/30/16 Under Contract -- -- --
06/21/2016 06/21/16 Price Changed $1,750 -5.4% $1 / Sq Ft
04/18/2016 04/18/16 Price Changed $1,850 -5.1% $1 / Sq Ft
04/11/2016 04/11/16 For Rent $1,950 +25.8% --
05/15/2012 05/15/12 Rented $1,550 0.0% --
04/20/2012 04/20/12 Under Contract -- -- --
02/11/2012 02/11/12 For Rent $1,550 -- --
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 $5,611 $379,507 $94,875 $284,632
2023 $5,611 $364,772 $91,192 $273,580
2022 $5,841 $357,620 $89,404 $268,216
2021 $5,701 $350,608 $87,651 $262,957
2020 $5,246 $347,014 $86,753 $260,261
2019 $5,439 $340,210 $85,052 $255,158
2018 $5,297 $333,540 $83,385 $250,155
2017 $5,442 $327,000 $81,750 $245,250
2016 $5,416 $322,618 $80,650 $241,968
2015 $5,221 $317,775 $79,440 $238,335
2014 $4,894 $287,000 $72,000 $215,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Carol Appel

    HomeSmart

    (760) 219-5636

    24 in this area

    45 Total Sales

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Map

Source: California Desert Association of REALTORS®

MLS Number: 216021916

California Desert Association of REALTORS®

APN: 669-580-014

California Riverside County Palm Springs 92262 Mountain Gate

776 Summit Dr, Palm Springs, CA

This home is located at 776 Summit Dr, Palm Springs, CA 92262 since 25 July 2016 and is currently estimated at $574,825, approximately $352 per square foot. This property was built in 2004. 776 Summit Dr is a home located in Riverside County with nearby schools including Katherine Finchy Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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