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62880 Loftwood Street, Desert Hot Springs, California 92240, Desert Hot Springs, 92240 - 3 bed, 2 bath

62880 Loftwood Street, Desert Hot Springs, California 92240 home-pic-0
ACTIVE$450,000$1,792/sqft
Est. Value: $455,777
1%
FairlyEstimate
62880 Loftwood Street, Desert Hot Springs, California 92240
3Beds
2Baths
1,792Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($455,777.395) is $5,777.395 (1%) lower than the list price ($450,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Upgrades: Built in 2021, this home features beautifully upgraded interiors, tasteful finishes, and a custom modern electric fireplace, offering contemporary comfort and style.
Top Cons:
Monthly Association Fee: A recurring monthly association fee of $155 adds to the overall cost of homeownership, which may be a consideration for budget-conscious buyers.

Compared to the nearby listings

Price:$450.0K vs avg $405.0K (+$45,000)68%
Size:1,792 sqft vs avg 1,643 sqft62%
Price/sqft:$251 vs avg $25150%

More Insights

Built in 2021 (5 years old).
Condition: This property was built in 2021, making it virtually new. The images confirm a modern aesthetic throughout, with a well-appointed kitchen featuring white shaker cabinets, granite countertops, and stainless steel appliances. Both bathrooms are clean, contemporary, and well-maintained with modern fixtures and finishes. All flooring, light fixtures, and other components appear new, meeting current quality standards with no visible wear or deferred maintenance. The property aligns perfectly with the 'Excellent' criteria for a recently built home with high-quality, new components.
Year Built
2021
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$251
HOA
$155
Days on market
-
Sold On
-
MLS number
219140379DA
Home ConditionExcellent
Features
Good View: Desert, Mountain(s)
Patio
ViewDesert, Mountain(s)

About this home

Welcome to this beautifully upgraded single-story home, thoughtfully designed for comfort, functionality, and modern living. Offering 3 bedrooms and 2 bathrooms, the home features an inviting open-concept layout ideal for both everyday living and effortless entertaining. Tasteful finishes and carefully curated upgrades create a cohesive and welcoming atmosphere throughout.The living area is anchored by a custom modern electric fireplace with heat, that adds warmth and architectural interest, while the primary suite is enhanced by a custom walk-in closet offering storage and organization. A spacious side yard provides rare flexibility, with the potential to accommodate a third parking space--an exceptional convenience.Tucked away on a peaceful cul-de-sac with no rear neighbors, the property enjoys enhanced privacy and a peaceful setting. The backyard is finished with premium, pet-friendly, heat-resistant turf that remains cool underfoot, even in warmer temperatures.Perfect for relaxing, entertaining, or enjoying quiet evenings at home, the outdoor area serves as a serene extension of the living space. Located in a well-maintained and desirable community, this home offers an ideal blend of style, comfort, and convenience. A wonderful opportunity not to be missed!

N
Nikkolene Byron
Listing Agent

Nearby schools

4/10
Two Bunch Palms Elementary School
Public,•K-5•3.4mi
2/10
Painted Hills Middle School
Public,•6-8•2.9mi
3/10
Desert Hot Springs High School
Public,•9-12•2.9mi
4/10
Desert Learning Academy
Public,•K-12•10.5mi

Price History

Date
Event
Price
08/19/22
Sold
$408,000
03/15/22
Sold
$745,500
12/18/20
Sold
$5,200,000
Condition Rating
Excellent
This property was built in 2021, making it virtually new. The images confirm a modern aesthetic throughout, with a well-appointed kitchen featuring white shaker cabinets, granite countertops, and stainless steel appliances. Both bathrooms are clean, contemporary, and well-maintained with modern fixtures and finishes. All flooring, light fixtures, and other components appear new, meeting current quality standards with no visible wear or deferred maintenance. The property aligns perfectly with the 'Excellent' criteria for a recently built home with high-quality, new components.
Pros & Cons

Pros

New Construction & Modern Upgrades: Built in 2021, this home features beautifully upgraded interiors, tasteful finishes, and a custom modern electric fireplace, offering contemporary comfort and style.
Open-Concept Layout: The inviting open-concept layout is ideal for both everyday living and effortless entertaining, maximizing space and flow.
Enhanced Privacy: Tucked away on a peaceful cul-de-sac with no rear neighbors, the property offers superior privacy and a tranquil living environment.
Low-Maintenance & Pet-Friendly Backyard: The backyard is finished with premium, pet-friendly, heat-resistant turf, providing a comfortable, easy-to-maintain outdoor space perfect for relaxation.
Flexible Parking & Storage: A spacious side yard offers rare flexibility with potential for a third parking space, complemented by a custom walk-in closet in the primary suite for ample organization.

Cons

Monthly Association Fee: A recurring monthly association fee of $155 adds to the overall cost of homeownership, which may be a consideration for budget-conscious buyers.
Inconsistent Sales History: The property's sales history shows significant price fluctuations (e.g., $745,500 in March 2022 vs. $408,000 in August 2022), which could raise questions about market value stability or previous transaction details.
Limited Outdoor Development Potential: While the backyard is finished, the overall lot size of 6098 sqft may limit future expansion or the addition of larger amenities like a substantial pool or extensive landscaping for buyers seeking more expansive outdoor development.
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