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370 Running Spring Drive

370 Running Spring Drive, Palm Desert, CA 92211
Property in Riverside
Sold May 02, 2014
$228,500
$193,000 by Quicken Loans Llc
Mortgage Due Mar 01, 2036
Sold Apr 06, 2000
$356,000
$248,500 by Washington Mutual Bank Fa
Mortgage Due Apr 01, 2030
370 Running Spring Drive in Palm Desert, CA was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 1988. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 370 Running Spring Drive has 1,746 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,614 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 500 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 370 Running Spring Drive sold most recently in Apr 2, 2014 for a total of $228,500. If you work out the math, that's approximately a cost of $93.65 per sqft. Before that, the property was also sold for $356,000 in Feb 24, 2000. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,703 in taxes each year. 370 Running Spring Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $415,108. If we break it down further, the land itself was valued at $124,530. Improvements to the property, however, were assessed at a total of $290,578. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,614
  • Total Building Area: 2,440
  • Gross Building Area: 2,440
  • Building Area: 1,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,746
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: THE LAKES COUNTRY CLUB
  • Land Acres: 0.6
  • Standard Land Use Code: Condominium unit (residential)
  • County Land Use Code: Right-of-way (not rail, road, or utility)
  • Legal Description 1: UNIT 311 CM 062/180 INT IN COM LOTS 48&49 TR 15633 AMENDED MB127/27

Ownership

  • Current Owner : TOLAND DANIEL F
  • Current Owner 2: DANIEL F TOLAND REVOCABLE TRUST
  • Previous Owner : MINNICK JOHN D
  • Owner Before Previous Owner: RUTH TRUST VAN PUTTEN RUTH TRUSTEE & VAN PUTT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 044928

Zoning

  • Zoning: PR4

Geography

  • Subdivision Tract Number: 15633
  • Parcel: 632-313-006
  • Lot: 48,49
  • Municipality: PALM DESERT
  • Latitude: 33.7511
  • Longitude: -116.343

    Address

  • Full Address: 370 Running Springs Dr
  • Address - House Number: 370
  • Address - Street Name: Running Springs
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C027
  • 4-Digit Zip Code: 3240
  • Zip Code: 92211

Valuation

    Tax

  • Total Area: 1,746
  • Tax Year: 2023
  • Tax Amount: $5,703
  • Tax Rate Code Area: 018-086

    Appraisal Valuation

  • Standard Deviation: 0.187
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 75
  • Final Value: 629,727
  • High Value: 747,530
  • Low Value: 511,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $193,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Sep 14, 2021
  • First Open Lien Mortgage Loan Amount: $193,000
  • First Open Lien Mortgage Term: 173
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2036

    Market Valuation

  • Market Total Value: $366,120

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,108
  • Assessed Land Value: $124,530
  • Assessed Improvements Value: $290,578

    Sales

  • Current Sale Contract Date: Apr 02, 2014
  • Current Sale Recording Date: May 02, 2014
  • Current Sale Transaction ID: 1052065407
  • Current Sale Price: $228,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014-0160028
  • Previous Sale Recording Date: Apr 06, 2000
  • Previous Sale Contract Date: Feb 24, 2000
  • Previous Sale Amount: $356,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: May 02, 2014
  • First Mortgage Loan Amount: $171,375
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2029

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Apr 06, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $248,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2030

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Frequently Asked Questions

What neighborhood is 370 Running Spring Drive located in?
The 370 Running Spring Drive is a located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 370 Running Spring Drive?
The average sales price for units in 370 Running Spring Drive is $0 currently.

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