8 Lago De Palmas Palm Desert, CA 92260

$369,000 Sold Price as of 03/23/2018

2 Beds
3 Baths
2,760 Sq.Ft.

Off Market

$369,000 Sold Price as of 03/23/2018 Refinance Your Mortgage

Map preview of 8 Lago De Palmas, Palm Desert, CA 92260

Property Overview: 8 Lago De Palmas Palm Desert, CA has 2 bedrooms, 3 bathrooms, 2,760 living square feet and 2,817 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8 Lago De Palmas is currently an off market home in the city of Palm Desert. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Palm Desert has a median list price of $630,000. The median price per/sqft for Palm Desert is $349. With those numbers in mind, if you are looking to purchase a median priced home in Palm Desert, CA and put 20% down you will need to save up $126,000 for the down payment and will need roughly $12,600 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Palm Desert the commission could be as much as $29,200. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 8 Lago De Palmas

Last sold for $369,000 on March 23rd, 2018

March, 2018
Mar 23, 2018

Date

Sold (Public Records)

Public Records

$369,000

Price
December, 2017
Dec 1, 2017

Date

Expired

CRMLS: 216028204DA

$399,000

Price
Oct 5, 2017

Date

Active

CRMLS: 216028204DA

$399,000

Price
Sep 29, 2017

Date

Active Under Contract

CRMLS: 216028204DA

$399,000

Price
Sep 17, 2017

Date

Price Change

CRMLS: 216028204DA

$399,000

Price
Jun 30, 2017

Date

Active

CRMLS: 216028204DA

$429,000

Price
Jun 9, 2017

Date

Active Under Contract

CRMLS: 216028204DA

$429,000

Price
May 26, 2017

Date

Active

CRMLS: 216028204DA

$429,000

Price
May 19, 2017

Date

Active Under Contract

CRMLS: 216028204DA

$429,000

Price
May 6, 2017

Date

Price Change

CRMLS: 216028204DA

$429,000

Price
Mar 31, 2017

Date

Price Change

CRMLS: 216028204DA

$479,000

Price
Oct 4, 2016

Date

Active

CRMLS: 216028204DA

$499,000

Price
Listing provided courtesy of CRMLS

You'll enjoy life in this peaceful gated community of only 12 homes on a lake with lush grounds and beautiful mountain views. This spacious 3BR/3BA home is in immaculate condition and features an expansive living room with fireplace, wet bar and views. Kitchen features Corian counters, a breakfast bar and an adjacent morning room. Master suite has two walk in closets and plush bath with 2 sinks, bidet, spa tub and walk in shower. An atrium has been converted into a library off the dining room and another atrium has been converted into an office adjacent to one of the bedrooms. Oversize two car garage plus golf cart garage with tons of built-in storage. The unit features plantation shutters throughout, skylights, vaulted ceilings, custom built-ins and ceiling fans. The home's courtyard entry includes a covered brick patio and has room for a private pool. Best of all, this development offers private gate access to adjacent Monterey Country Club!

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June, 2016
Jun 4, 2016

Date

Price Change

CRMLS: 216017380DA

$595,000

Price
Listing provided courtesy of CRMLS

Charming & peaceful gated community of only 12 homes on a lake w/lush grounds & mountain views! Immaculate condition in this spacious 3BR/3BA home of appx 3,065 sq. ft. Expansive living room w/cozy fireplace, wet bar & views is open to formal dining room. Cheery kitchen w/breakfast bar & morning room w/lake & mountain views. Luxurious master suite w/2 walk-in closets & plush bath w/2 sinks, bidet, spa tub + walk-in shower & door to yard. Library off formal dining + office added off BR 2. High vaulted ceilings; fans; solar tubes & skylights for natural light; crown moldings; shutters; custom built-ins; hardwood floors LR, DR & library; cedar floors in closets; inside laundry; finished 2-car garage +cart garage w/storage & direct access to home; security sys & more! Secluded courtyard entry w/covered brick patio & large grass yard w/space for private pool + back patio boasts lake & mountain views! Enjoy park-like grounds, community pool/spa & private gate access to Monterey Country Club!

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Tax History for 8 Lago De Palmas

Assessed Value (2020): $383,906

Year	Land Value	Improved Value	Assessed Value
2020	$95,976	$287,930	$383,906

About 8 Lago De Palmas

Detailed summary of property

8 Lago De Palmas is a condominium in Palm Desert, CA 92260 and last sold on March 23, 2018 for $369,000. This condo has 2 bedrooms, 3 bathrooms, roughly 2,760 living square feet, and sits on an approximately 2,817 square foot lot. Homes in Palm Desert are selling for a median price of $584,000 and a median price per square foot of $341. Based on Ardent Real Estate Group's Palm Desert Market Data, this home is sold 36.82% lower than the current median priced home. 8 Lago De Palmas was last sold on March 23, 2018 for $369,000. Local nearby listings include 14105 Camino Del Oro, 8976 Morning Hills Dr and 1158 E Benedict Rd. The average home in Palm Desert, CA is selling in 78 days. There are currently 754 homes for sale in the Palm Desert real estate market and 416 of them are single family homes while 334 of them are condos and 4 are townhomes. If you are the homeowner and looking to sell the home at 8 Lago De Palmas Palm Desert, CA 92260 contact Ardent Real Estate Group and we will put you in touch with one of our Palm Desert agents.

Public Facts for 8 Lago De Palmas

Public county record property details

Beds: 2
Baths: 3
Year built: 1985
Sq. Ft.: 2,760
Lot Size: 2,817
Stories: 1

Type: Condominium Unit (Residential)
Pool: No
Spa: No
County: Riverside
Lot#: 8
APN: 622-077-085

The source for these homes facts are from public records.

92260 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$725,000

Median List Price/Sq.Ft.

$389

Median Sold Price

$650,000

Median Sold Price/Sq.Ft.

$368

Total Inventory

316

Median Sale to List Price %

96.3%

Avg Days on Market

Loan Type

Conventional (21.21%), FHA (1.52%), VA (1.52%), Cash (46.97%), Other (7.58%)

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