NOT LISTED FOR SALE

1111 E Palm Canyon Dr Unit 359 Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $428,000 - $502,000

1 Bed
1 Bath
590 Sq Ft
$513/mo HOA Fee

Last Sold February 04, 2022

Last sale price $425,000 $720 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,580/month

38 Days on Market

Highlights

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

About This Home

As of February 2022

Here's a rare opportunity to own one of the vintage bungalows located at Palm Springs' Octotillo Lodge. Featuring one of the best locations in the rear of the complex, this home's walls of windows open to a spacious private patio with direct west Mountain View's. Beautifully updated, the new owners will appreciate classic Midcentury Modern details throughout. The Ocotillo Lodge was a first for the well-known developers, The Alexander Construction Co. They worked with renowned Midcentury architects Dan Palmer and William Krisel, and landscape architecture by Garrett Eckbo, to create this famous destination. Here's a chance to own a piece of Palm Springs history. Ocotillo lodge offers Mid-Century Resort style living at its best Short term rentals are allowed in this complexMonthly HOA fees include electric, water, trash, cable, gym, and common area landscape maintenance.

Last Agent to Sell the Property

Clay Baham

BD Homes-The Paul Kaplan Group License #01055122 Listed on: 12/12/2021

Last Buyer's Agent

Curtis Kiepprien

Zapala Meyer California Properties License #01726179

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,630

Year Built

  • Built in 1956

Lot Details

  • End Unit
  • South Facing Home
  • Wood Fence

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 590 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Dishwasher
  • Corian Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Shower Only
  • Shower Only in Secondary Bathroom

Laundry

  • Laundry in Bathroom
  • Dryer
  • Washer

Parking

  • Guest Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 511035101

Community Details

Overview

  • Association fees include clubhouse, water, utilities, trash, maintenance paid
  • 127 Units
  • Ocotillo Lodge Subdivision
  • On-Site Maintenance

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Recreation Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,630

Year Built

Built in 1956

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces South
  • Levels: Ground Level, No Unit Above
  • Building Style: Mid Century
  • List Price per Sq Ft: 761.02
  • Lp Sp Ratio: 0.9500
  • Unit Total In Complex: 127
  • View Type: Mountain(s)
  • Year Built: 1956
  • Listing I D: 219071346
  • Listing Member Address: 201 North Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Listing Office Address: 201 N Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Listing Office Fax: (760) 327-3991
  • Selling Office Address: 31267 Calle Cayuga, Cathedral City, CA 92234
  • Selling Office Fax: (760) 406-5744
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Ocotillo Lodge
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Cooktop, Washer, Refrigerator, Disposal, Dishwasher
  • Flooring: Ceramic Tile
  • Total Bedrooms: 1
  • Bathroom Features: Remodeled, Tile Shower, Shower Stall
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Living/Dining Combo, Dining Area
  • Kitchen Features: Corian Counters, Tile Counters, Remodeled
  • Laundry: In Bathroom
  • Estimated Sq Ft: 590.00
  • Windows Treatments: Blinds

Exterior Features

  • Fencing: Wood, Fenced
  • Patio: Concrete Slab, Wood, Enclosed
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, In Ground, Gunite
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Unassigned

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Security: Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Clubhouse, Water, Utilities, Trash, Maintenance Paid
  • Association Amenities: Billiard Room, Sauna, Recreation Room, Pet Rules, Maintenance Grounds, Guest Parking, Fitness Center, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 513.00
  • Total Monthly Association Fees: 513.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 511035101
  • Lot Size: 650.00

Rental Info

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

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2021
Closed on
Jan 11, 2022
Sold by
Komonoski and Nanci
Bought by
Desert Digs Rental Llc
Seller's Agent
Clay Baham
BD Homes-The Paul Kaplan Group
Buyer's Agent
Curtis Kiepprien
Zapala Meyer California Properties
List Price
$499
Sold Price
$425,000
Premium/Discount to List
$424,501
85070.34%
Total Days on Market
38
Current Estimated Value
$462,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,778
Avg. Annual Appreciation
1.83%
Original Mortgage
$340,000
Outstanding Balance
$301,579
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$149,880

Purchase Details

Closed on
Jul 2, 2008
Sold by
Cavanaugh Gene and Cavanaugh Joyce E
Bought by
Komonoski David and Komonoski Nanci

Purchase Details

Closed on
Jun 3, 1999
Sold by
Eveleth Douglas
Bought by
Steele Marilyn

Purchase Details

Closed on
Jun 2, 1999
Sold by
Marilyn Steele
Bought by
Cavanaugh Gene and Cavanaugh Joyce E

Purchase Details

Closed on
Apr 29, 1997
Sold by
Rodden Engel D and Rodden William B
Bought by
Eveleth Douglas and Steele Marilyn

Purchase Details

Closed on
Oct 29, 1996
Sold by
Desert Equitable Realty Inc
Bought by
Rodden William B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,425
Interest Rate
8.11%
Source: Public Records

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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
Desert Digs Rental Llc $425,000 Orange Coast Title
Komonoski David $160,000 Commonwealth Land Title Co
Cavanaugh Gene $56,000 First American Title Co
Eveleth Douglas $55,000 First American Title Ins Co
Rodden William B $50,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desert Digs Rental Llc $340,000
Previous Owner Rodden William B $37,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $425,000 -5.3% $720 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
12/22/2021 12/22/21 Price Changed $449,000 +89880.0% $761 / Sq Ft
12/12/2021 12/12/21 For Sale $499 -- $1 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $5,630 $433,500 $107,100 $326,400
2022 $2,658 $186,251 $60,664 $125,587
2021 $2,608 $182,600 $59,475 $123,125
2020 $2,499 $180,729 $58,866 $121,863
2019 $2,459 $177,186 $57,712 $119,474
2018 $2,417 $173,713 $56,582 $117,131
2017 $2,385 $170,308 $55,473 $114,835
2016 $2,106 $150,000 $49,000 $101,000
2015 $1,846 $134,000 $44,000 $90,000
2014 $1,731 $125,000 $41,000 $84,000
Source: Public Records

Agents Affiliated with this Home

  • Clay Baham

    Seller's Agent in 2022

    Clay Baham

    BD Homes-The Paul Kaplan Group

    (760) 408-4563

    3 in this area

    37 Total Sales

    Clay Baham
    Section Image
  • Curtis Kiepprien

    Buyer's Agent in 2022

    Curtis Kiepprien

    Zapala Meyer California Properties

    (206) 755-4585

    10 in this area

    45 Total Sales

    Section Image
See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219071346

Greater Palm Springs Multiple Listing Service

APN: 511-035-101

California Riverside County Palm Springs 92264 Twin Palms

1111 E Palm Canyon Dr Unit 359, Palm Springs, CA

This home is located at 1111 E Palm Canyon Dr Unit 359, Palm Springs, CA 92264 since 12 December 2021 and is currently estimated at $462,778, approximately $784 per square foot. This property was built in 1956. 1111 E Palm Canyon Dr Unit 359 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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