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72342 Sommerset Dr, Palm Desert, CA, 92260

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
2 Full Baths
1,744 SqFt
$301/SqFt
Condo
Schools Nearby

Location

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72342 Sommerset Dr, Palm Desert$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDriveway, Garage, Garage Door Opener, Guest
Attached Garage2 spaces
Year Built1978
HeatingForced Air
CoolingCentral Air
ViewCity Lights, Park, Mountain(s), Panoramic, Pool
Private PoolYes
MLS #219108133DA
Lot Size0.07 Acres
StatusActive

About 72342 Sommerset Dr

Welcome to Sommerset in South Palm Desert! Incredible opportunity to own a 3 bedroom/2 bathroom unit with STUNNING views, minutes from EL PASEO! This home is perfectly situated within the community, elevated above the other units, not too close and not too far from both community pools and tennis/pickle ball courts. Also, this unit is in one of the only areas of the complex where you have massive views AND a substantial amount of grass off the patio, perfect for entertaining! Atrium was converted into an office. HVAC was replaced in 2020. Water Culligan system installed in 2023. HOA is $525 a month, which includes 11 pools and spas, maintenance of common grounds, front and back of the property, plus painting of exterior every 7 years. Sommerset is a an amazing community with incredible grounds near hiking trails, fine dining and shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 1
  • Living Area: 1,744 SqFt

Listing Office:

  • Office Name: Desert Sotheby's Int'l Realty
  • Office Phone: (760) 565-5127
  • Listing Agent: Tyson Hawley

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Flooring Type: Tile
  • Interior: Main Level Primary, Primary Suite

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: City Lights, Park, Mountain(s), Panoramic, Pool
  • Exterior: Barbecue

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener, Guest

Lot Features

Lot Information:

  • Lot: Greenbelt, Landscaped, Sprinklers
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS. Cross Street: Highway 74.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $301/SqFt

HOA Fees:

  • Amount: $525
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,727
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Palm Desert, CA.

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Palm Desert, CA

City

Med. Sold Price

$571.9K

Med. Price/SqFt

$337

Avg. Days On Market

56

# of Sold Homes

162

72342 Sommerset Dr vs Palm Desert

55 DAYS ON ROCKET

-1 Day

$525,000

-$46.9K Less

$301/SqFt

-$36 Less

KEY TAKEAWAY

This property is $46.9K less than the Median Sold Price and $36/SqFt less than other homes in Palm Desert, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219108133DA

Listing Office:

  • Office Name: Desert Sotheby's Int'l Realty
  • Office Phone: (760) 565-5127
  • Listing Agent: Tyson Hawley

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/3/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 04, 1991Home Sold
$131,500

Tax History

YEARPROP. TAXASSESSMENT
2021$2,727$195,989
2020$2,726$193,981
2018$2,635$186,450
2017$2,531$182,795

History based on county public records data.

Payment Calculator

$3,213

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5208414
8
/10

  • George Washington Charter

  • 45768 Portola Ave

  • 2.20 miles

  • Public Charter Grades KG-5

school-card-donut-5208415
4
/10

  • Abraham Lincoln Elementary School

  • 74100 Rutledge Way

  • 3.08 miles

  • Public District Grades KG-5

school-card-donut-5208416
6
/10

  • Rancho Mirage Elementary School

  • 42985 Indian Trail Rd

  • 3.36 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,760. Most Palm Desert, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 72342 Sommerset Dr

What is the listing price of this property?

The listing price of 72342 Sommerset Dr property is $525,000.

What type of property is this?

The property 72342 Sommerset Dr is a condo located in Palm Desert, California, 92260.

Is this property for sale now?

Active Listing: 72342 Sommerset Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,727 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 4, 1991 for $131,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 72342 Sommerset Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 72342 Sommerset Dr is 1,744 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 72342 Sommerset Dr is 1978.

Rocket Homes›California›Riverside County›Palm Desert›92260›72342 Sommerset Dr

This home is located at 72342 Sommerset Dr in Palm Desert, CA and zip code 92260. This 1,744 square foot home, which was built in 1978, sits on a 0.07 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $525,000.

Palm Desert, CA housing market in April 2024 saw over 20 listings sold above listed price, more than 37 sold at listed price and over 105 sold below. The number of listings in Palm Desert, CA increased by 2.2% between March 2024 and April 2024. Listings spent 56 days on the market in April 2024, and had a median list price of $571,935 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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