NOT LISTED FOR SALE

1131 S La Verne Way Palm Springs, CA 92264

Estimated Value: $435,000 - $596,000

2 Beds
2 Baths
1,325 Sq Ft
$438/mo HOA Fee

Last Sold June 14, 2021

Last sale price $350,000 $264 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,541/month

71 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • 1 Car Attached Garage
  • Palm Springs High School Rated A-
  • 1 Fireplace
  • Living Room

About This Home

As of June 2021

Endless possibilities with this clean clean clean blank canvas on the South End of Palm Springs right near downtown. With new paint and vinyl plank flooring, this 2 bed, 2 bath features an attached one car garage, private laundry, private courtyard and nobody above or below you. Canyon South #1 is a tight knit, vintage desert community in one of the best locations in town. The Home Owners Association covers maintenance of the beautiful grounds, water, trash, roofs, exterior paint, pools and spas so you don't even have to think about these things. Because of the 90 day minimum rental rule, the neighborhood remains quiet, and the neighbors respectful. Welcome home to your Palm Springs Getaway in the CA Desert

Last Agent to Sell the Property

Allee Squyres

RPAC License #02077314 Listed on: 04/02/2021

Last Buyer's Agent

John-Paul Valdez

Ramsey Realty License #02046426

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,285

Year Built

  • Built in 1974

Lot Details

  • Sprinkler System
  • Land Lease of $4,158 expires <<landLeaseExpirationDate>>

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Slab Foundation

Interior Spaces

  • 1,325 Sq Ft Home
  • 1 Fireplace
  • Living Room
  • Laminate Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 511110011

Community Details

Overview

  • 68 Units
  • Canyon South 1 Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,285

Year Built

Built in 1974

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground
  • List Price per Sq Ft: 270.94
  • Lp Sp Ratio: 0.9700
  • Unit Total In Complex: 68
  • View Type: Mountain(s)
  • Year Built: 1974
  • Listing I D: 219059877
  • Listing Office Address: 77622 Country Club Dr., Ste.V, Palm Desert, CA 92211
  • Listing Office Fax: (760) 655-4311
  • Selling Office Address: 390 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Fax: (760) 542-7171
  • Street Direction: S
  • Land Type: Lease
  • Subdivision: Canyon South 1
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1325.00

Exterior Features

  • Other Features: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Total Covered Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • Cooling Type: Central Air
  • Heating: Central
  • Sewer: Unknown

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • HOA Information: Yes
  • HOA Fee 1: 438.00
  • Total Monthly Association Fees: 438.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 511110011
  • Irrigation: Sprinkler System
  • Land Lease Purchase: Yes
  • Lot Size: 2614.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Amt Annual: 4158.00
  • Land Lease Expiration Year: 2072
  • Land Lease Type: Lease
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Geller Lori Beth and Jacobs Michael
Bought by
Jacobs Michael
Current Estimated Value
$486,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
2.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Jacobs Michael -- Ticor Title Riverside
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccammon David $280,000
Closed Coachella Valley Homebuyers Inc $167,000
Closed Coachella Valley Homebuyers Inc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2021 06/14/21 Sold $350,000 -2.5% $264 / Sq Ft
04/02/2021 04/02/21 For Sale $359,000 -- $271 / Sq Ft
Source: California Desert 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
2025 $5,285 $428,641 $140,716 $287,925
2023 $5,285 $411,998 $135,252 $276,746
2022 $5,385 $403,920 $132,600 $271,320
2021 $2,992 $211,861 $82,037 $129,824
2020 $2,866 $209,689 $81,196 $128,493
2019 $2,819 $205,578 $79,604 $125,974
2018 $2,770 $201,548 $78,044 $123,504
2017 $2,731 $197,597 $76,514 $121,083
2016 $2,656 $193,723 $75,014 $118,709
2015 $2,541 $190,815 $73,888 $116,927
2014 $2,499 $187,080 $72,442 $114,638
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Allee Squyres

    RPAC

  • J

    Buyer's Agent in 2021

    John-Paul Valdez

    Ramsey Realty

    Section Image

  • J

    Buyer's Agent in 2021

    JohnPaul Valdez

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219059877

California Desert Association of REALTORS®

APN: 511-110-011

California Riverside County Palm Springs 92264

1131 S La Verne Way, Palm Springs, CA

This home is located at 1131 S La Verne Way, Palm Springs, CA 92264 since 02 April 2021 and is currently estimated at $490,281, approximately $370 per square foot. This property was built in 1974. 1131 S La Verne Way is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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