$130,000
SOLD FEB 14, 2013

1111 E Palm Canyon Dr Unit 356 Palm Springs, CA 92264

Twin Palms Neighborhood
1 Bed
1 Bath
670 Sq Ft
436 Sq Ft Lot

Recently Sold

$194 Per Sq Ft

13% Below List Price

5 Days on Market

About This Home

As of March 2023

This 1BD/1BA mid-century condo can be perfect for a weekend get-away, winter home, or investment property. Located in the back of Ocotillo Lodge on Twin Palms Road, this unit is one of the larger units with one of the most spacious back patios. HOA Fees ALL UTILITIES! (AC, Heat, Water, Phone, Cable & roof coverage). Renovated, the kitchen includes refrigerator, wine cooler, garbage disposal, cooktop, microwave & upgraded cabinets/counters. Two glass vessels sinks, tile shower and upgraded fixtures complete the bathroom. Washer & dryer in the unit. Located in desirable South Palm Springs, the Ocotillo Lodge includes an Olympic-sized pool, 2 jacuzzis, a gym & BBQ Area just steps from your back patio. This Krisel/Alexander mid-century condo has clerestory windows, signature Alexander beamed ceiling, architecural block walls, & 8ft walls of glass. Close to Koffi & Smoketree Commons with convenient access off Twin Palms Rd.

Last Agent to Sell the Property

Dean Sipe

Berkshire Hathaway Home Services California Properties License #01789257 Listed on: 01/11/2013

Berkshire Hathaway Home Services California Properties

Co-Listed By

NonMember AgentDefault

NonMember OfficeDefault

Last Buyer's Agent

Ttk Represents

Compass License #01327863

Compass

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Mar 3, 2023
Sold by
Joerg Ineichen 2013 Trust
Bought by
Horwath Angela and Horwath Jon
Seller's Agent
Lee Schwartz
Team Metro
Buyer's Agent
Curtis Kiepprien
Zapala Meyer California Properties
List Price
$499,900
Sold Price
$485,000
Premium/Discount to List
-$14,900
-2.98%
Total Days on Market
5
Current Estimated Value
$442,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,852
Avg. Annual Appreciation
-4.08%
Original Mortgage
$270,000
Outstanding Balance
$262,977
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$179,171

Purchase Details

Listed on
Feb 23, 2018
Closed on
Mar 7, 2018
Sold by
Connell Henry
Bought by
Ineichen Joerg
Seller's Agent
Ttk Represents
Compass
Buyer's Agent
Alex Dethier
The Paul Kaplan Group Inc
List Price
$269,000
Sold Price
$275,000
Premium/Discount to List
$6,000
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.20%

Purchase Details

Closed on
Dec 20, 2017
Sold by
Connell Henry M
Bought by
Connell Henry

Purchase Details

Listed on
Jan 11, 2013
Closed on
Jan 25, 2013
Sold by
Werr Carol M
Bought by
Connell Henry M
Seller's Agent
Dean Sipe
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Ttk Represents
Compass
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%

Purchase Details

Listed on
Jan 11, 2013
Closed on
Jan 10, 2013
Sold by
Werr Carol M
Bought by
Werr Carol M
Seller's Agent
Dean Sipe
Berkshire Hathaway Home Services California Properties
Buyer's Agent
Ttk Represents
Compass
List Price
$149,000
Sold Price
$130,000
Premium/Discount to List
-$19,000
-12.75%

Purchase Details

Closed on
Sep 6, 2011
Sold by
Werr Carol M
Bought by
Werr Carol M

Purchase Details

Closed on
Feb 2, 2010
Sold by
Werr Carol M
Bought by
Werr Carol M

Purchase Details

Closed on
Apr 4, 2008
Sold by
Mizrahi Leon and Mizrahi Sonia
Bought by
Werr Carol M

Purchase Details

Closed on
Mar 16, 2004
Sold by
Lowe Steven Harrison
Bought by
Mizrahi Leon and Mizrahi Sonia

Purchase Details

Closed on
Sep 5, 2001
Sold by
Miller Anita L
Bought by
Lowe Steven Harrison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
7.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2000
Sold by
Pierre Beauvais Consultant & Design Llc
Bought by
Miller Anita L

Purchase Details

Closed on
Feb 21, 1997
Sold by
Desert Equitable Realty Inc
Bought by
Beauvais Pierre
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 $575,909 First American Title
Grant Deed $275,000 Wfg National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $130,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $189,000 Commonwealth Land Title Co
Grant Deed $85,500 First American Title Co
Grant Deed $57,000 First American Title Co
Grant Deed $69,500 First American Title Co
Corporate Deed $45,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Previous Owner $57,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $485,000 -3.0% $822 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $499,900 +81.8% $847 / Sq Ft
04/10/2018 04/10/18 Sold $275,000 +2.2% $466 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $269,000 +106.9% $456 / Sq Ft
02/14/2013 02/14/13 Sold $130,000 -12.8% $194 / Sq Ft
01/11/2013 01/11/13 For Sale $149,000 -- $222 / 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 $6,269 $300,750 $76,554 $224,196
2022 $4,061 $294,853 $75,053 $219,800
2021 $3,981 $289,073 $73,582 $215,491
2020 $3,809 $286,110 $72,828 $213,282
2019 $3,746 $280,500 $71,400 $209,100
2018 $2,006 $140,685 $35,169 $105,516
2017 $1,980 $137,928 $34,480 $103,448
2016 $1,923 $135,224 $33,804 $101,420
2015 $1,837 $133,196 $33,298 $99,898
2014 $1,800 $130,589 $32,647 $97,942
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 13-644747PS

APN: 511-035-098