NOT LISTED FOR SALE

1111 E Palm Canyon Dr Unit 308 Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $376,000 - $422,000

1 Bed
1 Bath
525 Sq Ft
6 Acres

Last Sold July 24, 2018

Last sale price $275,000 $524 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,535/month

43 Days on Market

About This Home

As of July 2018

Back on Market! A rare opportunity to own in historic Ocotillo Lodge, originally designed by architects Palmer and Krisel and built by the Alexander~construction company. This Mid-Century gem, located in South Palm Springs, has been fully renovated from top to bottom. This desirable villa unit, sold fully furnished, has been highly upgraded~including a newer kitchen and appliances, newer bathroom, flooring, paint, tile and even features a full size washer and dryer - a rarity in Ocotillo Lodge.Located on FEE LAND (you own it) with low HOA's of $361/month. HOA~includes all utilities (yes, even Electric!)Ocotillo Lodge boasts one of the largest swimming pools in Palm Springs. 2 spas, community laundry, ample parking and is located minutes from downtown Palm Springs.

Last Agent to Sell the Property

Zapala Meyer Team

Town Real Estate Listed on: 05/12/2018

Co-Listed By

Paul Zapala

Town Real Estate License #01709859

Last Buyer's Agent

Alex Dethier

The Paul Kaplan Group Inc

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Guerrero Josefina Tomas and Corpus Salvador Fernandez
Bought by
Corpus Salvador Fernandez and Guerrero Tomas
Total Days on Market
43
Current Estimated Value
$393,457

Purchase Details

Listed on
May 12, 2018
Closed on
Jun 25, 2018
Sold by
Smith Ronald R
Bought by
Guerrero Josefina Tomas and Corpus Salvador Fernandez
Seller's Agent
Zapala Meyer Team
Town Real Estate
Buyer's Agent
Alex Dethier
The Paul Kaplan Group Inc
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%

Purchase Details

Listed on
Aug 25, 2014
Closed on
Aug 28, 2014
Sold by
Jones Robert
Bought by
Smith Ronald R
Seller's Agent
Zapala Meyer Team
Town Real Estate
Buyer's Agent
Paul Zapala
Town Real Estate
List Price
$142,500
Sold Price
$142,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Aug 16, 2011
Sold by
Fannie Mae
Bought by
Jones Robert

Purchase Details

Closed on
Jan 5, 2011
Sold by
Mehdikhani Vahik and Mehdikhani Rima
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2007
Sold by
Amirian Andranik and Amirian Aida A
Bought by
Mehdikhani Vahik and Mehdikhani Rima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
May 4, 2006
Sold by
Richards Robert and Richards Miriam
Bought by
Amirian Andranik and Amirian Aida A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2002
Sold by
Reilly Dwight and Reilly La Von
Bought by
Richards Robert and Richards Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 22, 1999
Sold by
Bertsche John R and Bertsche Marjorie A
Bought by
Reilly Dwight and Reilly La Von

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Source: Public Records

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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
Corpus Salvador Fernandez -- None Available
Guerrero Josefina Tomas $275,000 Lawyers Title Company
Smith Ronald R $142,500 First American Title Ins Co
Jones Robert $74,000 Old Republic Title Company
Federal National Mortgage Association $170,036 Landsafe Default
Mehdikhani Vahik $187,000 Financial Title Company
Amirian Andranik $175,000 Commonwealth Land Title Co
Richards Robert $63,500 Commonwealth Land Title Co
Reilly Dwight $55,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehdikhani Vahik $187,000
Previous Owner Amirian Andranik $140,000
Previous Owner Richards Robert $16,500
Previous Owner Reilly Dwight $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $275,000 0.0% $524 / Sq Ft
05/12/2018 05/12/18 For Sale $275,000 +93.0% $524 / Sq Ft
10/01/2014 10/01/14 Sold $142,500 0.0% $271 / Sq Ft
08/25/2014 08/25/14 For Sale $142,500 -- $271 / Sq Ft
Source: Palm Springs Regional 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
2023 $3,910 $294,852 $80,413 $214,439
2022 $3,986 $289,072 $78,837 $210,235
2021 $3,908 $283,405 $77,292 $206,113
2020 $3,739 $280,500 $76,500 $204,000
2019 $3,677 $275,000 $75,000 $200,000
2018 $2,128 $150,514 $37,627 $112,887
2017 $2,100 $147,564 $36,890 $110,674
2016 $2,040 $144,671 $36,167 $108,504
2015 $1,949 $142,500 $35,625 $106,875
2014 $1,129 $75,821 $18,955 $56,866
Source: Public Records

Agents Affiliated with this Home

  • Zapala Meyer Team

    Seller's Agent in 2018

    Zapala Meyer Team

    Town Real Estate

    Section Image
  • Paul Zapala

    Seller Co-Listing Agent in 2018

    Paul Zapala

    Town Real Estate

    (760) 413-5171

    18 Total Sales

    Section Image
  • Alex Dethier

    Buyer's Agent in 2018

    Alex Dethier

    The Paul Kaplan Group Inc

    (760) 808-3300

    7 in this area

    295 Total Sales

    Alex Dethier
    Section Image

  • T

    Buyer's Agent in 2018

    Team Dethier

  • James Meyer

    Seller Co-Listing Agent in 2014

    James Meyer

    Town Real Estate

    Section Image
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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-340730PS

APN: 511-035-053

California Riverside County Palm Springs 92264 Twin Palms

1111 E Palm Canyon Dr Unit 308, Palm Springs, CA

This home is located at 1111 E Palm Canyon Dr Unit 308, Palm Springs, CA 92264 since 12 May 2018 and is currently estimated at $393,457, approximately $749 per square foot. This property was built in 1995. 1111 E Palm Canyon Dr Unit 308 is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

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