NOT LISTED FOR SALE

1111 E Palm Canyon Dr Unit 225 Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $309,000 - $334,000

1 Bed
1 Bath
525 Sq Ft
$376/mo HOA Fee

Last Sold March 30, 2017

Last sale price $175,000 $333 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,313/month

4 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • View of Trees or Woods
  • Palm Springs High School Rated A-
  • In Ground Pool
  • Midcentury Modern Architecture

About This Home

As of March 2017

This lovely Mid-Century one-bedroom South Palm Springs condo at the historic Ocotillo Lodge is a clean, upstairs end unit with patio. This unit has modernist charm with exposed wood beam ceilings and clerestory windows with beautiful views. Buyers will appreciate the rich history, contemporary architecture, as well as the gorgeous grounds. The community boasts a champagne cork shaped resort style pool (with amazing panoramic views of the San Jacinto Mountains), 2 spas, and a clubhouse with fitness room, lounge area, and pool tables. This is fee land (no land lease) and the low HOA Fee includes all utilities, plus basic cable service and roof. Ocotillo Lodge is perfectly located near The Ace Hotel, Elmer's Restaurant, Koffi and close to all that Palm Springs has to offer and enjoy. Iconic 1957 design by Palmer & Krisel and built by the Alexander Construction Co.

Last Agent to Sell the Property

Gregory Manns

HomeSmart License #01167143 Listed on: 03/13/2017

HomeSmart

Last Buyer's Agent

Scott St. James

Engel & Völkers Palm Desert License #01944668

Engel & Völkers Palm Desert

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,674

Year Built

  • Built in 1995

Lot Details

  • 436

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • Unassigned Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Stucco Exterior

Interior Spaces

  • 525 Sq Ft Home
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • End Unit
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 511035044

Community Details

Overview

  • Ocotillo Lodge Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,674

Year Built

Built in 1995

Lot Details

0

HOA Fees

$376 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Top
  • Builders Tract Code: Ocotillo Lodge
  • Building Style: Contemporary, Mid Century
  • List Price per Sq Ft: 333.33
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Trees/Woods
  • Year Built: 1995
  • Listing I D: 217007842
  • Listing Member Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Member Fax: (760) 507-3844
  • Listing Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 47060 Washington Street, #5101, La Quinta, CA 92253
  • Selling Office Fax: (760) 844-7550
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Ocotillo Lodge
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Cooktop, Gas Oven
  • Flooring: Laminate
  • Total Bedrooms: 1
  • Bathroom Features: Tile Shower
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Estimated Sq Ft: 525.00

Exterior Features

  • Construction: Stucco
  • Other Features: End Unit
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Unassigned

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: In Street Paid
  • Water: Water District
  • Water Heater Feature: Gas

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Fitness Center
  • HOA Information: Yes
  • HOA Fee 1: 376.00
  • Total Monthly Association Fees: 376.00
  • Unit Location: End Unit, Second Floor

Lot Info

  • Assessor Parcel Number: 511035044
  • Lot Acres: 0.0100
  • Lot Size: 587.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2017
Closed on
Mar 22, 2017
Sold by
Strom Steven R
Bought by
Booth Jennifer K and Booth Joseph D
Seller's Agent
Gregory Manns
HomeSmart
Buyer's Agent
Scott St. James
Engel & Völkers Palm Desert
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$321,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,567
Avg. Annual Appreciation
7.46%

Purchase Details

Listed on
Sep 29, 2013
Closed on
Dec 2, 2013
Sold by
U S Bank National Association
Bought by
Strom Steven R
Seller's Agent
David Judd
Ojo Home California Inc.
Buyer's Agent
Michel Higgins
HomeSmart Professionals
List Price
$115,000
Sold Price
$115,249
Premium/Discount to List
$249
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Kindelberger Stacy L
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 29, 2004
Sold by
Marcione Ronald and Marcione Carmen
Bought by
Kindelberger Stacy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,900
Interest Rate
5.38%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2001
Sold by
Beauvais Pierre
Bought by
Marcione Ronald and Marcione Carmen

Purchase Details

Closed on
Apr 11, 2000
Sold by
Pierre Beauvais and Pierre Michelle
Bought by
Beauvais Pierre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
8.13%

Purchase Details

Closed on
Apr 3, 1997
Sold by
Desert Equitable Realty Inc
Bought by
Throgmorton Carl and Throgmorton Valerie
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Booth Jennifer K $175,000 Usa National Title
Strom Steven R $115,500 Premium Title Of Ca Inc
U S Bank National Association $110,000 None Available
Kindelberger Stacy L $88,000 Commerce Title Company
Marcione Ronald $49,000 First American Title Co
Beauvais Pierre -- South Coast Title Company
Throgmorton Carl $37,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cozy West Llc $166,000
Previous Owner Kindelberger Stacy L $132,000
Previous Owner Kindelberger Stacy L $87,900
Previous Owner Kindelberger Stacy L $87,900
Previous Owner Beauvais Pierre $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $175,000 0.0% $333 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $175,000 +51.8% $333 / Sq Ft
12/18/2013 12/18/13 Sold $115,249 +0.2% $220 / Sq Ft
11/12/2013 11/12/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $115,000 -- $219 / 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 $2,674 $203,095 $50,771 $152,324
2023 $2,674 $195,210 $48,800 $146,410
2022 $2,724 $191,384 $47,844 $143,540
2021 $2,673 $187,632 $46,906 $140,726
2020 $2,561 $185,710 $46,426 $139,284
2019 $2,520 $182,069 $45,516 $136,553
2018 $2,477 $178,500 $44,625 $133,875
2017 $1,780 $121,994 $30,498 $91,496
2016 $1,729 $119,602 $29,900 $89,702
2015 $1,650 $117,806 $29,451 $88,355
2014 $1,615 $115,500 $28,875 $86,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 217007842

California Desert Association of REALTORS®

APN: 511-035-044