NOT LISTED FOR SALE

Estimated Value: $576,000 - $754,000

5 Beds
4 Baths
2,946 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $495,000 $168 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,514/month

Highlights

  • Attached Guest House
  • Primary Bedroom Suite
  • Updated Kitchen
  • Heated In Ground Pool
  • Gated Community
  • Open Floorplan

About This Home

As of July 2020

This is it! Stunning entertainer’s paradise, designed for indoor outdoor lifestyle, offers absolute tranquility, unmatched privacy and resort style grounds second to none. Located in the gated Palazzo, this 2006 built, 2-story Mediterranean offers a 4-bed, 3-bath main house plus a 1-bed, 1-bath attached Casita with a living room, kitchenette and separate entrance. Pride of ownership curb appeal. Open floor plan overlooks the awe-inspiring backyard and features dramatic 2-story high ceilings & fireplace in the living room adjacent to the incredible chef’s kitchen with center island, quality crafted custom cabinetry, granite counters, stainless-steel appliances & eating area. Formal dining room - currently a game room, a well sized bedroom with access to backyard, full bath, laundry & direct access to 2-car garage complete the first level. Upstairs includes a romantic master suite with luxe bathroom with double vanities, separate tub & shower and walk-in closet. Opposite wing offers 2 more bedrooms sharing a Jack & Jill bath. Finally, escape to the oasis like backyard with beautifully shaped 3-level pool, spa & waterfall against a lush green professionally landscaped background. Unwind in the patio and watch the evening transform the backyard into a jaw-dropping experience as the lights come on in the pool and around it. Whether you’re looking to entertain or relax in seclusion, this dream home is equipped with the most ideal necessities to offer California living at its best!

Last Agent to Sell the Property

Arthur Aslanian

Berkshire Hathaway HomeServices California Properties License #01291836 Listed on: 06/09/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Arthur Aslanian

Berkshire Hathaway HomeServices California Properties License #01291836 Listed on: 06/09/2020

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,791

Year Built

  • Built in 2006 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in excellent condition
  • Landscaped
  • Secluded Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Driveway

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Slab Foundation
  • Interior Block Wall
  • Tile Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,946 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Two Story Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Blinds
  • Window Screens
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Kitchenette
  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Gas Heated Pool
  • Gunite Pool
  • Waterfall Pool Feature

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 31247
  • Assessor Parcel Number 691530030

Community Details

Overview

  • Palazzo Shadow Hills HOA, Phone Number (760) 346-1161
  • Palazzo Subdivision

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,791

Year Built

Built in 2006 | Remodeled

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Kitchen Appliances, Washer & Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Palazzo (30909)
  • View: Yes
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 691530030
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2946.00 Square Feet
  • Interior Amenities: In-Law Floorplan, Block Walls, Ceiling Fan(s), Copper Plumbing Full, Granite Counters, Open Floorplan, Pantry, Recessed Lighting, Two Story Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Bamboo, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Family Kitchen, Dining Room, Separated
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 168.02
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Private, Heated
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Hollywood Bathroom (Jack&Jill), Remodeled, Separate Tub And Shower, Tile Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Kitchenette, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Other Structures: Guest House Attached
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Excellent Condition, Wrought Iron
  • Patio And Porch Features: Covered, Slab
  • Pool Features: Private, Gunite, Heated, Gas Heat, In Ground, Waterfall
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Concrete, Garage Faces Front, Private, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Association Name: Palazzo Shadow Hills HOA
  • Phone: (760) 346-1161
  • Senior Community: No
  • Community Features: Curbs, Sidewalks
  • Association Management: Call Agent

Schools

  • School District: Desert Sands Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Level, Paved, Secluded, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 452.16
  • Tax Lot: 49
  • Tax Tract Number: 31247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jun 29, 2020
Sold by
Karibyan Hakob Jack and Bagdasarian Siranush
Bought by
Scholz John and Leever Karissa
Seller's Agent
Arthur Aslanian
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Arthur Aslanian
Berkshire Hathaway HomeServices California Properties
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$686,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,080
Avg. Annual Appreciation
6.39%
Original Mortgage
$470,250
Outstanding Balance
$417,760
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$268,320

Purchase Details

Closed on
May 1, 2020
Sold by
Karibyan Hakop Jack and Bagdasarian Siranush
Bought by
Karibyan Hakop Jack and Bagdasarian Siranush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Outstanding Balance
$417,760
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$268,320

Purchase Details

Listed on
Feb 27, 2019
Closed on
May 7, 2019
Sold by
Keylan Anita
Bought by
Abraam Kelyan
Seller's Agent
George Lopez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Armen Gekchyan
Harcourts Signature Properties
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.20%
Original Mortgage
$372,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 27, 2019
Closed on
Apr 8, 2019
Sold by
Nelson Michelle A and Nelson Michelle Ann
Bought by
Karibyan Hakob Jack and Bagdasarian Siranush
Seller's Agent
George Lopez
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Armen Gekchyan
Harcourts Signature Properties
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2018
Closed on
Jun 8, 2018
Sold by
Newton Nathanial D and Williams Ashley R
Bought by
Nelson Michelle Ann
Seller's Agent
Kara Moscato
Shadow Hills Real Estate
Buyer's Agent
George Lopez
Berkshire Hathaway HomeServices California Properties
List Price
$439,000
Sold Price
$423,000
Premium/Discount to List
-$16,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$397,664
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 19, 2013
Closed on
Aug 19, 2013
Sold by
Beltran Hermila
Bought by
Newton Nathanial D and Newton Ashley R
Seller's Agent
Brenda Devlin
Buyer's Agent
Brenda Devlin
List Price
$339,000
Sold Price
$305,000
Premium/Discount to List
-$34,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$299,475
Interest Rate
4.49%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2009
Sold by
Palazzo Indio Partners Llc
Bought by
Beltran Hermila

Purchase Details

Closed on
Sep 14, 2009
Sold by
Rilington Palazzo Llc
Bought by
Palazzo Indio Partners Llc
Source: Public Records

Range of Values:

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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
Scholz John $495,000 California Title Company
Karibyan Hakop Jack -- Accommodation
Abraam Kelyan -- First American Title Company
Karibyan Hakob Jack $465,000 First American Title Company
Nelson Michelle Ann $423,000 Fidelity National Title Insu
Newton Nathanial D $305,000 Fidelity National Title Ie
Beltran Hermila $286,000 Stewart Title Riverside
Palazzo Indio Partners Llc $6,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scholz John $470,250
Previous Owner Abraam Kelyan $372,000
Previous Owner Nelson Michelle Ann $397,664
Previous Owner Newton Nathanial D $299,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2020 07/24/20 Sold $495,000 0.0% $168 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $495,000 +6.5% $168 / Sq Ft
05/10/2019 05/10/19 Sold $465,000 -2.9% $158 / Sq Ft View Prior Sale
04/05/2019 04/05/19 Pending -- -- --
03/28/2019 03/28/19 Price Changed $479,000 -2.0% $163 / Sq Ft
02/27/2019 02/27/19 For Sale $489,000 +15.6% $166 / Sq Ft
07/13/2018 07/13/18 Sold $423,000 -3.6% $144 / Sq Ft View Prior Sale
06/03/2018 06/03/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $439,000 +43.9% $149 / Sq Ft
10/15/2013 10/15/13 Sold $305,000 -8.7% $104 / Sq Ft View Prior Sale
09/25/2013 09/25/13 Pending -- -- --
08/04/2013 08/04/13 Price Changed $334,000 -1.5% $113 / Sq Ft
04/19/2013 04/19/13 For Sale $339,000 -- $115 / 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 $9,791 $535,802 $27,060 $508,742
2023 $9,791 $514,998 $26,010 $488,988
2022 $8,791 $504,900 $25,500 $479,400
2021 $8,557 $495,000 $25,000 $470,000
2020 $8,088 $474,300 $25,500 $448,800
2019 $7,399 $423,000 $75,000 $348,000
2018 $6,629 $364,506 $82,147 $282,359
2017 $6,572 $357,360 $80,537 $276,823
2016 $6,676 $350,354 $78,958 $271,396
2015 $6,639 $345,093 $77,773 $267,320
2014 $6,136 $305,000 $76,250 $228,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20110628

California Regional Multiple Listing Service (CRMLS)

APN: 691-530-030