NOT LISTED FOR SALE

1111 E Palm Canyon Dr Unit 368 Palm Springs, CA 92264

Twin Palms Neighborhood

Estimated Value: $402,000 - $469,000

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

Last Sold July 27, 2021

Last sale price $365,000 $619 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,378/month

3 Days on Market

Highlights

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

About This Home

As of July 2021

Architect William Krisel designed and The Alexander Construction Co built the Ocotillo Lodge. Converted to Condo's in 1995, this fantastic opportunity to own a piece of Palm Springs History awaits. Beautifully updated to feel more modern, lot's of sunlight and a huge patio. Once inside you'll love the community and amenities. Included in your HOA fee is Cable, Internet, electric, water and trash. The ability to use as a Vacation rental with City of Palm Springs proper licensing opens more possibilities. Close to dining, shopping and all the services of the desert. Hurry to see this Gem, it is sure to be snapped up quick. Call today to schedule your private showing.

Last Agent to Sell the Property

Kevin Stern

Town Real Estate License #01376548 Listed on: 06/24/2021

Last Buyer's Agent

Amy Baxa

Compass License #02059963

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,871

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • West Facing Home
  • Wood Fence

HOA Fees

  • $513 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Interior Block Wall

Interior Spaces

  • 590 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Tile Flooring
  • Courtyard Views
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Guest Parking
  • Uncovered Parking
  • Unassigned Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Property is located within a water district
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Lanai
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 511-035-110

Community Details

Overview

  • Association fees include cable TV, clubhouse, electricity, sewer, trash, utilities, water and sewer paid, water
  • 126 Units
  • Associa Desert Resort Mgmt Association

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,871

Year Built

Built in 1995 | Remodeled

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: 6590
  • Complex Name: Ocotillo Lodge HOA
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 590
  • Lot Acreage: 5.7400
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1995
  • Builders Tract Name: Ocotillo Lodge
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Block Walls, Common Walls
  • Fireplace Rooms: Electric, Living Room
  • Flooring: Tile
  • Appliances: Free Standing Electric, Microwave
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Stone Counters, Counter Top
  • Laundry: Community, In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Ceiling Fan, Microwave, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 608.47

Exterior Features

  • Direction Faces: West
  • Construction: Block
  • Other Features: Sliding Glass Doors
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Wood
  • Patio: Concrete Slab, Tile
  • Pool Description: Community
  • Pool: Yes
  • Roof: Flat
  • Spa: Community
  • Spa Yn: Yes
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Unassigned, Uncovered

Utilities

  • TV Svcs: Cable TV
  • Water District: Desert Water Agency
  • Water Heater: Electric
  • Cooling: Air Conditioning
  • Earth Quake Ins: 0
  • Heating: Heat Pump, Forced Air
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Spa, Guest Parking, Clubhouse, Exercise Room, Pool, Picnic Area, Gated Community
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Clubhouse, Electricity, Sewer, Trash, Utilities, Water and Sewer Paid, Water
  • High Rise: Controlled Access
  • HOA Fees: 513.00
  • Management Company: Associa Desert Resort Mgmt
  • Mgmt Co Phone: 7603461161|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 511-035-110
  • Lot Description: Street Asphalt, Alley Paved
  • Lot Size Area: 250034

Rental Info

  • Furnished: Furnished
  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 16, 2021
Sold by
Askildsen Jeff
Bought by
Pjwbfw Investments Llc
Seller's Agent
Kevin Stern
Town Real Estate
Buyer's Agent
Amy Baxa
Compass
List Price
$359,000
Sold Price
$365,000
Premium/Discount to List
$6,000
1.67%
Total Days on Market
3
Current Estimated Value
$438,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,159
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Feb 22, 2014
Sold by
Gragosian Harven and Gragosian Emik
Bought by
Askildsen Jeff

Purchase Details

Closed on
Sep 12, 2002
Sold by
Weiss Joseph
Bought by
Gragosian Harven and Gragossian Emik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.05%
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
Pjwbfw Investments Llc $365,000 First American Title Company
Askildsen Jeff $135,000 Stewart Title Of California
Gragosian Harven $63,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gragosian Harven $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $365,000 +1.7% $619 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $359,000 -- $608 / 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 $4,871 $372,300 $91,800 $280,500
2022 $4,966 $365,000 $90,000 $275,000
2021 $2,225 $152,878 $38,217 $114,661
2020 $2,134 $151,312 $37,826 $113,486
2019 $2,100 $148,346 $37,085 $111,261
2018 $2,065 $145,438 $36,358 $109,080
2017 $2,038 $142,588 $35,646 $106,942
2016 $1,979 $139,794 $34,948 $104,846
2015 $1,891 $137,696 $34,424 $103,272
2014 $1,025 $67,331 $17,715 $49,616
Source: Public Records

Agents Affiliated with this Home

  • Kevin Stern

    Seller's Agent in 2021

    Kevin Stern

    Town Real Estate

    (760) 250-1977

    3 in this area

    82 Total Sales

    Kevin Stern
    Section Image

  • A

    Buyer's Agent in 2021

    Amy Baxa

    Compass

    (760) 285-4998

    1 in this area

    11 Total Sales

    Amy Baxa
    Section Image

  • D

    Buyer Co-Listing Agent in 2021

    Dustin Johnston

    DT Johnston Real Estate

    (989) 909-9888

    Section Image
  • Scott Ehrens

    Buyer Co-Listing Agent in 2021

    Scott Ehrens

    Compass

    (760) 880-1492

    1 in this area

    148 Total Sales

    Scott Ehrens
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-751102

The MLS

APN: 511-035-110

California Riverside County Palm Springs 92264 Twin Palms

1111 E Palm Canyon Dr Unit 368, Palm Springs, CA

This home is located at 1111 E Palm Canyon Dr Unit 368, Palm Springs, CA 92264 since 24 June 2021 and is currently estimated at $438,159, approximately $742 per square foot. This property was built in 1995. 1111 E Palm Canyon Dr Unit 368 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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