NOT LISTED FOR SALE

105 Obsidian Loop N Palm Springs, CA 92264

Estimated Value: $1,351,000 - $1,558,000

3 Beds
3.5 Baths
2,466 Sq Ft
$594/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $1,469,900 $596 Per Sq Ft

Current estimated payment $8,480/month

168 Days on Market

Highlights

  • Guest House
  • New Construction
  • Casita
  • Palm Springs High School Rated A-
  • Pebble Pool Finish
  • Solar Power System

About This Home

As of September 2024

Desert Luxury! Walking distance to downtown Palm Springs. This 2,466 sq ft. home is in the beautiful NEW HOME neighborhood of elan in South Palm Springs. Built by Far West Industries, elan is their newest development - an enclave of 56 detached homes and 25 townhomes are crafted in a distinctively modern style. This new home will be completed in June/July 2024. The open floor plan with high ceilings, has large multi-slide doors that extend the indoor living area to the outdoor patio, overlooking the private courtyard, swimming pool and spa. The great room is perfectly situated next to the gourmet kitchen w/ wet bar, Built in Refrigerator, Wine Column, Thermador appliances and an oversized kitchen island with waterfall quartz countertops. High Gloss White Cabinets throughout home. The downstairs primary suite has been designed as a peaceful sanctuary with a large shower. The upstairs primary suite has a balcony with unobstructed mountain views. The home also includes a detached casita with full bath overlooking the pool/courtyard area. Upgraded 32 panel solar system is included (NO lease) so this energy-efficient NEW home will be the cool place just to hang out or invite your favorite people to discover the coolest place in town. Home is finished with Upgraded Tile and LVP flooring. Prewired for Speaker, Alarm, and camera systems. Insulated Garage with Beautiful Paver Driveway. SOME PICTURES ARE OF MODEL AND NOT ACTUAL HOME. Come see one of the best locations in town.

Last Agent to Sell the Property

Courtney Pavelak

Shine RE Sales & Marketing Inc License #01394530 Listed on: 02/20/2024

Co-Listed By

Lee Gary Krebs

Shine RE Sales & Marketing Inc License #01498223

Last Buyer's Agent

Jason Cochran

Desert Sotheby's International Realty License #01947240

Desert Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,309

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 5,565 Sq Ft Lot
  • Northwest Facing Home
  • Block Wall Fence
  • Water-Smart Landscaping
  • Premium Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $278 Monthly HOA Fees

Property Views

  • City Lights
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Stucco Exterior
  • Stone Veneer

Interior Spaces

  • 2,466 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Great Room with Fireplace
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room
  • Double Vanity
  • Shower Only

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Washer and Dryer Hookup

Home Security

  • Prewired Security
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unassigned Parking

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Solar Power System
  • Solar owned by seller

Pool

  • Pebble Pool Finish
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool
  • Gunite Spa
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Concrete Porch or Patio
  • Casita

Schools

  • Cahuilla Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts in Kitchen
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Guest House
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 513600035
  • Special Tax Authority

Community Details

Overview

  • Built by FAR WEST INDUSTRIES
  • Elan Subdivision, Elan Floorplan
  • Planned Unit Development

Amenities

  • Community Barbecue Grill

Recreation

  • Bocce Ball Court
  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,309

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Attached/Detached: No
  • Property Orientation Faces: Front Door Faces North, Leisure Faces West
  • Levels: Two
  • Builder Model Name: elan
  • Builder Name: FAR WEST INDUSTRIES
  • Builders Tract Code: 36914
  • Building Number Of Stories: 1
  • Building Style: Mid Century, Modern
  • Casita Features Other: Full Bath
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 604.34
  • Lp Sp Ratio: 0.9900
  • View Type: City Lights, Mountain(s)
  • Water District Name: Desert Water Agency
  • Year Built: 2024
  • Co Listing Member Address: 751 Allen Dr, Corona, CA 92879
  • Co Listing Office Address: 751 Allen Dr, Corona, CA 92879
  • Listing I D: 219107216
  • Listing Member Address: 751 Allen Dr, Corona, CA 92879
  • Listing Office Address: 751 Allen Dr, Corona, CA 92879
  • Post Direction: N
  • Selling Member Address: 111 S. Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Address: 111 S. Palm Canyon Dr., Palm Springs, CA 92262
  • Selling Office Fax: (760) 424-3017
  • Land Type: Fee
  • New Construction: Yes
  • Subdivision: Elan
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Microwave Oven, Gas Oven, Gas Range, Stackable W/D Hookup, Refrigerator, Gas Dryer Hookup, Disposal, Freezer
  • Appliances Other: Tall Wine Column Fridge
  • Fireplace: Yes
  • Fireplace Location: Great Room
  • Interior Amenities: Built-In Features, Recessed Lighting, Open Floorplan, High Ceilings (9 Ft+)
  • Range Hood: Yes
  • Fireplace Features: Gas
  • Flooring: Tile
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet, Main Floor Master Bedroom
  • Total Bedrooms: 3
  • Bathroom Features: 2 Master Baths, Tile Shower, Under Vanity Lighting, Powder Room, Double Vanity(s)
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • Eating Areas: Kitchen Island, Living/Dining Combo
  • Kitchen Features: Island, Quartz Counters, Pantry
  • Laundry: Individual Room, Laundry Area
  • Estimated Sq Ft: 2466.00

Exterior Features

  • Construction: Stone Veneer, Stucco
  • Other Features: Balcony, Premium Lot, Solar System Owned, Slab
  • Other Structures: Outside Shower, Guest House/Casita
  • Fencing: Block
  • Foundation: Slab
  • Patio: Concrete Slab, Balcony
  • Pool: Yes
  • Pool Accessories: Safety Gate
  • Pool Construction: Gunite, Pebble, In Ground
  • Pool Description: Heated, Gunite, Private, In Ground
  • Pool Location: Private, Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Heated - Gas, Private
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Unassigned, Garage Door Opener, Driveway
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen, In Laundry
  • Cooling Type: Air Conditioning, Zoned, Electric, Dual, Central Air
  • Heating: Central, Heat Pump, Fireplace(s)
  • Heating Fuel: Natural Gas
  • Security: Fire Sprinkler System, Prewired For Alarm
  • Sewer: In Street on Bond
  • Water: Water District
  • Water Heater Feature: Gas, Tankless

Association/Amenities

  • Community Features: Doggie Park
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • Association Amenities: Barbecue, Bocce Ball Court
  • HOA Information: Yes
  • HOA Fee 1: 278.00
  • Total Monthly Association Fees: 278.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 513600035
  • Irrigation: Sprinkler System
  • Lot Acres: 0.1300
  • Lot Description: Back Yard, Yard, Utilities Underground, Street Lighting, Storm Drains, Street Paved, Level, Landscaped, Front Yard, Fenced, Curbs
  • Lot Location: Corner Lot
  • Lot Size: 5565.00

Green Features

  • Green Energy Efficient: Appliances, Water Heater, Windows, Insulation, Doors
  • Green Energy Generation: Solar
  • Green Features: Yes
  • Green Location: Walkability
  • Green Water Conservation: Water-Smart Landscaping

Rental Info

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

Tax Info

  • Mello Roos: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • Elementary School: Cahuilla
  • High School: Palm Springs
  • Junior Middle School: Raymond Cree
  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2024
Closed on
Aug 19, 2024
Sold by
Far West Industries
Bought by
Cochran Jason
Seller's Agent
Courtney Pavelak
Shine RE Sales & Marketing Inc
Buyer's Agent
Jason Cochran
Desert Sotheby's International Realty
List Price
$1,439,900
Sold Price
$1,469,900
Premium/Discount to List
$30,000
2.08%
Views
39
Current Estimated Value
$1,463,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,174
Avg. Annual Appreciation
-0.37%
Original Mortgage
$969,900
Outstanding Balance
$958,734
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$504,992
Source: Public Records

Range of Values:

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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
Cochran Jason $1,470,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cochran Jason $969,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $1,469,900 -1.4% $596 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
06/20/2024 06/20/24 Price Changed $1,490,300 +0.3% $604 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,485,900 +2.1% $603 / Sq Ft
05/14/2024 05/14/24 Price Changed $1,455,900 +0.7% $590 / Sq Ft
04/26/2024 04/26/24 Price Changed $1,445,900 +0.4% $586 / Sq Ft
02/20/2024 02/20/24 For Sale $1,439,900 -- $584 / 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 $6,309 $1,469,900 $368,000 $1,101,900
2023 $6,309 $59,169 $59,169 $0
2022 $851 $58,009 $58,009 $0
2021 $851 -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219107216

California Desert Association of REALTORS®

APN: 513-600-035