$355,000
SOLD DEC 19, 2024

1111 E Palm Canyon Dr Unit 325 Palm Springs, CA 92264

Twin Palms Neighborhood
1 Bed
1 Bath
525 Sq Ft
$727/mo HOA Fee

Recently Sold

$676 Per Sq Ft

8% Below List Price

76 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Midcentury Modern Architecture
  • Palm Springs High School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of December 2024

**Fresh New Look, Fresh New Price** This condo has been refreshed with a modern touch, featuring neutral white tones throughout offering the best value in the community. Welcome to the epitome of mid-century modern design at the iconic Ocotillo Lodge! A stunning South Palm Springs community located in the Twin Palms neighborhood, designed by famed architects William Krisel and Dan Palmer with construction by the esteemed Alexander Construction Company. You own the land! Experience timeless design, featuring an original color palette, signature tongue-and-groove ceilings, clerestory windows and skylights that flood the space with natural light. This beautifully restored bottom-floor unit retains its original charm while offering contemporary comforts and style. Enjoy the bright and colorful Palm Springs vibe boasting open concept living accentuated by large sliding glass doors that lead to your private, enclosed patio with gorgeous West facing mountain views. The charming interior showcases tastefully restored elements throughout, including original hinges and doorknobs alongside modern updates. An elegant kitchen features Thomasville kitchen cabinetry, complemented by classic mid-century modern orange countertops, including a Magic Chef fridge and stove, dishwasher, and garbage disposal. The home features a renovated bathroom, added valve for plumbing, extra cabinets and a bathtub. Added features include a smart thermostat, newly implemented storage, newly installed carpet, additional power outlets for convenience and HVAC system replaced in 2021. Ocotillo Lodge offers the convenience of ALL utilities included in the HOA fee, encompassing cable and internet. The community is short-term rental friendly, presenting a lucrative income-producing opportunity. Find peaceful living here with a quiet, private setting and benefit of a well-maintained environment. As a resident of Ocotillo lodge, you'll have access to a wealth of resort style amenities including a sparkling pool, two spas, a clubhouse, a gym and beautifully landscaped grounds. This unit is ideal for those seeking a stylish desert get away or lucrative investment opportunity. Located just minutes from Downtown Palm Springs and walking distance to restaurants, coffee and hotels. Don't miss your chance to own a piece of Palm Springs architectural history and schedule your personal tour today!

Last Agent to Sell the Property

Sarah & James Pearce & Associates

License #02111942 Listed on: 09/11/2024

Co-Listed By

Sarah & James Pearce & Associates

Coldwell Banker Realty License #02111942

Last Buyer's Agent

Sarah & James Pearce & Associates

License #02111942 Listed on: 09/11/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,349

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • East Facing Home
  • Historic Home

HOA Fees

  • $727 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 525 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Public Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Enclosed patio or porch
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 511-035-070

Community Details

Overview

  • Association fees include utilities, building and grounds, cable TV, clubhouse, electricity, trash, water
  • 122 Units
  • Premier Community Association Management Association, Phone Number (760) 345-2449
  • Built by Alexander Construction Company

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,349

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$727 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Builder Name: Alexander Construction Company
  • Builders Tract Code: 6590
  • Complex Name: Premier Community Association Management
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 525
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1995
  • Builders Tract Name: Ocotillo Lodge
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Carpet
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Garbage Disposal, Refrigerator, Dishwasher, Freezer, Range/Oven
  • Inclusions: All appliances
  • Price Per S Q F T: 702.86

Exterior Features

  • Direction Faces: East
  • Other Features: Historical
  • Patio: Enclosed
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Association Spa, Community, In Ground
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Public, Unassigned

Utilities

  • Cooling: Air Conditioning
  • Heating: Electric

Association/Amenities

  • Amenities: Assoc Barbecue, Gated Community, Pool, Spa, Clubhouse, Fitness Center
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Utilities, Building and Grounds, Cable TV, Clubhouse, Electricity, Trash, Water
  • HOA Fees: 727.00
  • Management Company: Premier Community Association Management
  • Mgmt Co Phone: 7603452449|
  • Phone: 7603452449|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 511-035-070
  • Lot Size Area: 551

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Dec 4, 2024
Sold by
Olpin Brian J
Bought by
Pastuszka-Robertson Trust and Pastuszka
Seller's Agent
Sarah & James Pearce & Associates
Buyer's Agent
Sarah & James Pearce & Associates
List Price
$385,000
Sold Price
$355,000
Premium/Discount to List
-$30,000
-7.79%
Total Days on Market
76
Views
22
Current Estimated Value
$366,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,990
Avg. Annual Appreciation
7.66%

Purchase Details

Listed on
May 8, 2019
Closed on
Jul 15, 2019
Sold by
Mone Zaina Gisele
Bought by
Olpin Brian J
Seller's Agent
Rose Shuibi
One Candor Realty
Buyer's Agent
Branden Dalton
Keller Williams Luxury Homes
List Price
$255,000
Sold Price
$244,000
Premium/Discount to List
-$11,000
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
May 5, 2017
Sold by
Hess Mimi A
Bought by
Mone Zaina Gisele

Purchase Details

Listed on
Mar 6, 2015
Closed on
May 5, 2015
Sold by
Hess Brad
Bought by
Hess Mimi A
Seller's Agent
Barbara Scott
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$174,900
Sold Price
$169,900
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$100,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2015
Closed on
Apr 29, 2015
Sold by
Scott Robert B and Scott Barbara G
Bought by
Hess Mimi A
Seller's Agent
Barbara Scott
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$174,900
Sold Price
$169,900
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Scott Robert B
Bought by
Scott Robert B and Scott Barbara G

Purchase Details

Closed on
Jun 26, 2013
Sold by
Scott Robert and Scott Barbara G
Bought by
Scott Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Beauvais Pierre
Bought by
Scott Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 20, 2000
Sold by
Pierre Beauvais
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
$54,400
Interest Rate
8.22%

Purchase Details

Closed on
Jan 22, 1998
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
$42,000
Interest Rate
9.5%

Purchase Details

Closed on
Nov 4, 1996
Sold by
Desert Equitable Realty Inc
Bought by
Beauvais Pierre and Beauvais Michelle
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 Type Sale Price Title Company
Grant Deed $355,000 Orange Coast Title
Grant Deed $355,000 Orange Coast Title
Grant Deed $244,000 Chicago Title Inland Empire
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $170,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $70,000 --
Interfamily Deed Transfer -- South Coast Title Company
Interfamily Deed Transfer -- First Southwestern Title Co
Corporate Deed $44,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Previous Owner $88,500 New Conventional
Previous Owner $100,000 Fannie Mae Freddie Mac
Previous Owner $63,000 No Value Available
Previous Owner $54,400 No Value Available
Previous Owner $42,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2024 12/19/24 Sold $355,000 -3.8% $676 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/19/2024 11/19/24 Price Changed $369,000 -2.6% $703 / Sq Ft
10/16/2024 10/16/24 Price Changed $379,000 -1.6% $722 / Sq Ft
09/11/2024 09/11/24 For Sale $385,000 +57.8% $733 / Sq Ft
07/23/2019 07/23/19 Sold $244,000 -2.0% $465 / Sq Ft
07/11/2019 07/11/19 Pending -- -- --
06/28/2019 06/28/19 Price Changed $249,000 -2.4% $474 / Sq Ft
05/08/2019 05/08/19 For Sale $255,000 +50.1% $486 / Sq Ft
06/15/2015 06/15/15 Sold $169,900 0.0% $324 / Sq Ft
04/24/2015 04/24/15 Pending -- -- --
04/03/2015 04/03/15 Price Changed $169,900 -2.9% $324 / Sq Ft
03/06/2015 03/06/15 For Sale $174,900 -- $333 / Sq Ft
Source: The MLS

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 $3,349 $256,484 $19,708 $236,776
2022 $3,410 $251,456 $19,322 $232,134
2021 $3,342 $246,527 $18,944 $227,583
2020 $3,198 $244,000 $18,750 $225,250
2019 $2,534 $183,152 $45,787 $137,365
2018 $2,490 $179,562 $44,890 $134,672
2017 $2,457 $176,042 $44,010 $132,032
2016 $2,385 $172,592 $43,148 $129,444
2015 $1,176 $78,649 $18,428 $60,221
2014 -- $77,111 $18,068 $59,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-438347

The MLS

APN: 511-035-070