NOT LISTED FOR SALE

1111 E Palm Canyon Dr Unit 363 Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $406,000 - $474,000

1 Bed
1 Bath
590 Sq Ft
$691/mo HOA Fee

Last Sold April 13, 2023

Last sale price $415,000 $703 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,615/month

28 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Midcentury Modern Architecture
  • Palm Springs High School Rated A-
  • 5.74 Acre Lot
  • Mountain View

About This Home

As of April 2023

The iconic Ocotillo Lodge was designed by noted architect William Krisel and constructed in 1957 by the Alexander Construction Company. Originally a hotel and converted to condominiums in 1995, the Ocotillo Lodge is in the South Palm Springs Twin Palms neighborhood close to restaurants and shopping. Unit 363 is a courtyard condominium with West facing views toward the San Jacinto Mountains. This is the first time on the market since it was originally purchased in 1995. Here's your opportunity to come and live the resort lifestyle and bring this iconic property into the modern era. Owners' personal property is included in the purchase.

Last Agent to Sell the Property

Roger Gendron

The Agency License #01968062 Listed on: 02/23/2023

The Agency

Last Buyer's Agent

Curtis Kiepprien

Platinum Star Properties License #01726179

Platinum Star Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,400

Year Built

  • Built in 1957

Lot Details

  • West Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $691 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Composition Roof
  • Common Roof

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer

Parking

  • 1 Parking Space
  • Circular Driveway
  • Guest Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 511-035-105

Community Details

Overview

  • Association fees include cable TV, electricity, trash, utilities, water and sewer paid
  • 124 Units
  • Premier Community Association Management Association, Phone Number (760) 345-2449

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,400

Year Built

Built in 1957

Lot Details

0

HOA Fees

$691 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Street Number Display: Yes
  • Advertising Remarks: The iconic Ocotillo Lodge was designed by noted architect William Krisel and constructed in 1957 by the Alexander Construction Company. Originally a hotel and converted to condominiums in 1995, the Ocotillo Lodge is in the South Palm Springs Twin Palms neighborhood close to restaurants and shopping. Unit 363 is a courtyard condominium with West facing views toward the San Jacinto Mountains. This is the first time on the market since it was originally purchased in 1995. Here's your opportunity to come and live the resort lifestyle and bring this iconic property into the modern era.
  • Builders Tract Code: 6590
  • Complex Name: Ocotillo Lodge Owners Association
  • Entry Floor: 1
  • Living Area: 590
  • Lot Acreage: 5.7400
  • Planned Urban Dev: 1
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1957
  • Builders Tract Name: Ocotillo Lodge
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Appliances: Oven-Electric, Cooktop - Electric
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 744.07

Exterior Features

  • Direction Faces: West
  • Exposure: West
  • Patio: Concrete Slab
  • Pool Description: Association Pool
  • Pool: Yes
  • Roof: Common Roof, Composition
  • Spa: Hot Tub
  • Spa Yn: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning, Central, Electric
  • Heating: Central, Electric
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules, Billiard Room, Clubhouse, Conference, Gated Community, Guest Parking, Hot Water, Picnic Area, Pool, Rec Multipurpose Rm
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Electricity, Trash, Utilities, Water and Sewer Paid
  • HOA Fees: 691.00
  • Management Company: Premier Community Association Management
  • Mgmt Co Phone: 7603452449|
  • Phone: 7603452449|
  • HOA: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 511-035-105
  • Lot Size Area: 250034

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 124

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 27, 2023
Sold by
Weiss Eberhard and Weiss Anke W
Bought by
Henderson Joseph Michael and Henderson Susanne Noel
Seller's Agent
Roger Gendron
The Agency
Buyer's Agent
Curtis Kiepprien
Platinum Star Properties
List Price
$439,000
Sold Price
$415,000
Premium/Discount to List
-$24,000
-5.47%
Total Days on Market
28
Views
106
Current Estimated Value
$440,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,811
Avg. Annual Appreciation
2.85%
Original Mortgage
$332,000
Outstanding Balance
$324,540
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$116,271

Purchase Details

Closed on
Aug 2, 1995
Sold by
Desert Equitable Realty Inc
Bought by
Weiss Eberhard and Weiss Anke W
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
Henderson Joseph Michael $415,000 None Listed On Document
Weiss Eberhard $49,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Joseph Michael $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $415,000 -5.5% $703 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $439,000 -- $744 / 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 $5,400 $69,419 $23,933 $45,486
2022 $1,132 $68,059 $23,464 $44,595
2021 $1,114 $66,725 $23,004 $43,721
2020 $1,074 $66,042 $22,769 $43,273
2019 $1,059 $64,748 $22,323 $42,425
2018 $1,044 $63,480 $21,886 $41,594
2017 $1,032 $62,236 $21,457 $40,779
2016 $1,004 $61,017 $21,037 $39,980
2015 $952 $60,103 $20,722 $39,381
2014 $922 $58,927 $20,317 $38,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-245105

The MLS

APN: 511-035-105