NOT LISTED FOR SALE

Estimated Value: $1,497,000 - $1,848,000

4 Beds
4.5 Baths
3,371 Sq Ft
$487/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $1,085,000 $322 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $9,901/month

1,699 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Primary Bedroom Suite
  • Palm Desert High School Rated A
  • Attached Guest House
  • Panoramic View

About This Home

As of August 2020

Spectacular lakefront Ocotillo 1 with casita. From the moment you walk up the paved courtyard and enter the custom iron double doors, you already know you are walking into a special home. One of Indian Ridge's most popular floor plans which includes an open concept living with a large kitchen opening up to the living room and bar. Marble floors, wood floors, custom built-ins and lots of windows and views of the 3rd hole of the Arroyo course. Your large paved back patio is perfect for relaxing and entertaining. Whether you're keeping warm by the fireplace, or cooking up something yummy in your built-in BBQ, this is outdoor living at its finest. Large master bedroom which encompasses the beautiful golf course/mountain views and spacious guest bedrooms for family and friends. Let's not forget the casita, your guests will never want to leave! Offered furnished per inventory list. Club or Golf Membership available.

Last Agent to Sell the Property

Diane Williams

Bennion Deville Homes License #01364828 Listed on: 12/04/2015

Last Buyer's Agent

Toby Marantz

HomeSmart License #00578852

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,589

Year Built

  • Built in 1998

Lot Details

  • 10,454 Sq Ft Lot
  • Lake Front
  • On Golf Course
  • Home has North and South Exposure
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinklers on Timer

HOA Fees

  • $485 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Golf Course
  • Mountain

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,371 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Furnished
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Custom Window Coverings
  • Blinds
  • Sliding Doors
  • Entryway
  • Great Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Linen Closet
  • Walk-In Closet
  • Powder Room
  • Double Vanity
  • Secondary bathroom tub or shower combo

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Direct Access Garage
  • Golf Cart Garage

Outdoor Features

  • Stone Porch or Patio
  • Outdoor Fireplace
  • Built-In Barbecue

Additional Homes

  • Attached Guest House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 632620031
  • Special Tax Authority

Community Details

Overview

  • Association fees include cable TV, security, trash
  • Indian Ridge Subdivision, Ocotillo 1/Casita Floorplan
  • Planned Unit Development

Recreation

  • Golf Course Community

Security

  • Resident Manager or Management On Site
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,589

Year Built

Built in 1998

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces South, Leisure Faces North
  • Levels: One
  • Builder Model Name: Ocotillo 1/Casita
  • Builders Tract Code: Indian Ridge
  • Building Number Of Stories: 2
  • Casita Features: Golf Cart Garage
  • Included In Sale: Furnished per inventory list.
  • List Price per Sq Ft: 326.02
  • Lp Sp Ratio: 0.9900
  • View Type: Golf Course, Lake, Mountain(s), Panoramic
  • Water District Name: CVWD
  • Year Built: 1998
  • Co Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Selling Office Fax: (760) 844-7550
  • Listing I D: 219035243
  • Listing Office Address: 74-910 Highway 111, Indian Wells Main Office, Indian Wells, CA 92210
  • Listing Office Fax: (760) 773-3959
  • Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Indian Ridge
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Exhaust Fan, Gas Cooktop, Microwave Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Fireplace Location: Exterior, Living Room
  • Interior Amenities: Bar, High Ceilings (9 Ft+), Open Floorplan, Wet Bar
  • Fireplace Features: Gas
  • Flooring: Tile, Wood
  • Bedroom Features: Master Suite, Walk In Closet
  • Total Bedrooms: 4
  • Bathroom Features: Double Vanity(s), Linen Closet, Powder Room, Shower & Tub
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • Eating Areas: Breakfast Counter/Bar, Breakfast Nook, Formal Dining Room
  • Kitchen Features: Granite Counters, Pantry
  • Laundry: Individual Room
  • Estimated Sq Ft: 3371.00
  • Windows Treatments: Blinds, Custom Window Covering

Exterior Features

  • Other Features: Barbeque Private, Slab
  • Other Structures: Guest House Attached
  • Roofing: Tile
  • Built-in BBQ: Gas
  • Fencing: Block
  • Foundation: Slab
  • Patio: Rock - Stone
  • Planned Unit Development: Yes
  • View: Yes
  • Waterfront: Lake

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Direct Entrance, Golf Cart Garage
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: 24 Hour Security, Gated Community
  • Sewer: In, Connected and Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Community Features: Golf Course Within Development
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes
  • Gated Community: Yes
  • Golf Course Within Development: Yes

Condo/Co-op/Association

  • Association Fees Include: Cable TV, Security, Trash
  • Association Amenities: Management, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 485.00
  • Total Monthly Association Fees: 485.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 632620031
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Acres: 0.2400
  • Lot Description: Curbs, Landscaped, Street Paved
  • Lot Location: On Golf Course
  • Lot Size: 10454.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jul 17, 2020
Sold by
Whitney Andrea Schnitzer and Schnitzer Gregory Nelson
Bought by
Kadish Alexia and The William Brody Living Trust
Seller's Agent
Diane Williams
Bennion Deville Homes
Buyer's Agent
Toby Marantz
HomeSmart
List Price
$1,115,000
Sold Price
$1,085,000
Premium/Discount to List
-$30,000
-2.69%
Current Estimated Value
$1,642,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,491
Avg. Annual Appreciation
8.00%

Purchase Details

Listed on
Dec 4, 2015
Closed on
Apr 5, 2016
Sold by
Grosser Frank T and Grosser Deborah B
Bought by
Schnitzer Wilhelmina and The Wilhelmina Schnitzer Trust
Seller's Agent
Diane Williams
Bennion Deville Homes
Buyer's Agent
Diane Williams
Out Side Broker Office
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$787,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 18, 1998
Sold by
Sunrise Desert Partners
Bought by
Grosser Frank T and Grosser Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.5%
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
Kadish Alexia $1,085,000 First American Title Company
Schnitzer Wilhelmina $1,050,000 Lawyers Title Company
Grosser Frank T $550,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schnitzer Wilhelmina $787,500
Previous Owner Grosser Frank T $307,000
Previous Owner Grosser Frank T $309,500
Previous Owner Grosser Frank T $312,000
Previous Owner Grosser Frank T $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,085,000 -1.3% $322 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $1,099,000 -1.4% $326 / Sq Ft
12/04/2015 12/04/15 For Sale $1,115,000 -- $331 / 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 $5,589 $427,371 $48,249 $379,122
2023 $5,589 $410,777 $46,376 $364,401
2022 $13,954 $1,106,700 $124,950 $981,750
2021 $13,666 $1,085,000 $122,500 $962,500
2020 $14,085 $1,136,551 $397,792 $738,759
2019 $13,817 $1,114,267 $389,993 $724,274
2018 $13,554 $1,092,420 $382,347 $710,073
2017 $13,298 $1,071,000 $374,850 $696,150
2016 $10,577 $728,356 $182,082 $546,274
2015 $10,616 $717,417 $179,348 $538,069
2014 $10,462 $703,366 $175,836 $527,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219035243

California Desert Association of REALTORS®

APN: 632-620-031