NOT LISTED FOR SALE

1241 S La Verne Way Palm Springs, CA 92264

Estimated Value: $458,000 - $721,000

3 Beds
2 Baths
1,710 Sq Ft
$438/mo HOA Fee

Last Sold August 18, 2020

Last sale price $390,000 $228 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,153/month

6 Days on Market

Highlights

  • Heated In Ground Pool
  • Gourmet Kitchen
  • Open Floorplan
  • Palm Springs High School Rated A-
  • Primary Bedroom Suite
  • Mountain View

About This Home

As of August 2020

Artists eye renovations include: creating an open concept living /dining/kitchen area..Custom Kitchen Cabinets w/under mount lighting, New Stainless Steel appliances including wine fridge. Artic White Cesars Stone countertops. Italian Porcelain 12 X 24 throughout. Living room fireplace surrounded by brick gives mid-century modern vibe. . Remodeled Guest bath includes rain shower and skylight . Custom closets in master bedroom , upgraded bath with dual vanities. Front and back patios great for entertaining. Steps to pool and spa. Manicured grounds, well maintained common areas. A small community of 68 single story units. Coveted location by Indian Canyons, close to everything the desert has to offer.

Last Agent to Sell the Property

Loran Arvizu

The Agency License #02030233 Listed on: 06/05/2020

The Agency

Last Buyer's Agent

Michael Peet-Paduano

License #01314075

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,775

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • End Unit
  • South Facing Home
  • Wrought Iron Fence
  • Stucco Fence

HOA Fees

  • $438 Monthly HOA Fees

Parking

  • 1 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Garage Door Opener

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,710 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Custom Window Coverings
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Porcelain Tile

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated In Ground Pool
  • Spa
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 511-490-022

Community Details

Overview

  • Association fees include trash, water, building and grounds, maintenance paid
  • 68 Units
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,775

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$438 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Artists eye renovations include: creating an open concept living /dining/kitchen area..Custom Kitchen Cabinets w/under mount lighting, New Stainless Steel appliances including wine fridge. Artic White Cesars Stone countertops. Italian Porcelain 12 X 24 throughout. Living room fireplace surrounded by brick gives mid-century modern vibe. . Remodeled Guest bath includes rain shower and skylight . Custom closets in master bedroom , upgraded bath with dual vanities. Front and back patios great for entertaining. Steps to pool and spa. Manicured grounds, well maintained common areas. A small community of 68 single story units. Coveted location by Indian Canyons, close to everything the desert has to offer.
  • Builders Tract Code: 6150
  • Complex Name: Canyon South 1
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 1710
  • Lot Acreage: 0.0700
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1973
  • Builders Tract Name: Canyon South 1
  • Number Of Photos: 41
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Recessed Lighting, Open Floor Plan
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Living Room
  • Flooring: Porcelain, Tile
  • Appliances: Built-In Gas, Microwave, Oven-Gas, Self Cleaning Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Main Floor Master Bedroom, Main Floor Bedroom, Master Bedroom, Ground Floor Master, Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Remodeled, Shower and Tub, Shower Stall
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Gourmet Kitchen, Remodeled, Stone Counters, Open to Family Room
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Water Line to Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 233.63
  • Windows: Custom Window Covering, Skylights, Screens

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Features: End Unit, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Exposure: Southern
  • Fence: Stucco Wall, Wrought Iron
  • Patio: Covered, Porch - Front
  • Pool Description: Association Pool, Fenced, Heated, In Ground, Community
  • Pool: Yes
  • Roof: Clay
  • Spa: Association Spa, Fenced
  • Spa Yn: Yes
  • View: Green Belt, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Direct Entrance, Garage - 1 Car, Garage, Private Garage, Door Opener
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Laundry
  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street Paid
  • Water: District

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Call, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Building and Grounds, Maintenance Paid
  • HOA Fees: 438.00
  • HOA: Yes

Schools

  • School District: Palm Springs Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 511-490-022
  • Geocode Override: No
  • Lot Location: Greenbelt, Corner Lot, Patio Home
  • Lot Size Area: 3049

Rental Info

  • Land Lease Amount Per Year: 4158.00
  • Land Lease Expiration Year: 2072
  • Land Lease Purchase Yn: No
  • Land Lease Type: Lease
  • Land Lease Expiration Date: 2072-01-01

Multi Family

  • Number Of Units: 68

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 20, 2020
Sold by
Regina Joseph M and Gollance Richard Martin
Bought by
Regina Joseph M
Seller's Agent
Loran Arvizu
The Agency
Buyer's Agent
Michael Peet-Paduano
List Price
$399,500
Sold Price
$390,000
Premium/Discount to List
-$9,500
-2.38%
Current Estimated Value
$585,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,526
Avg. Annual Appreciation
9.37%
Original Mortgage
$312,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 19, 2020
Sold by
Padilla Gerard
Bought by
Towne Robert E
Seller's Agent
Loran Arvizu
The Agency
Buyer's Agent
Michael Peet-Paduano
List Price
$399,500
Sold Price
$390,000
Premium/Discount to List
-$9,500
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2012
Sold by
Siler James R
Bought by
Siler James R and Hoang Loc N
Source: Public Records

Range of Values:

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Average Value
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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
Regina Joseph M -- Lawyers Title
Towne Robert E $195,000 Lawyers Title
Siler James R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Gerard $50,000
Previous Owner Regina Joseph M $312,000
Previous Owner Towne Robert E $312,000
Previous Owner Siler James $150,250
Previous Owner Ross Stanley $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold $390,000 -2.4% $228 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
06/05/2020 06/05/20 For Sale $399,500 +104.9% $234 / Sq Ft
04/09/2013 04/09/13 Sold $195,000 -14.8% $114 / Sq Ft
01/26/2013 01/26/13 Pending -- -- --
01/11/2013 01/11/13 Price Changed $229,000 -4.2% $134 / Sq Ft
10/29/2012 10/29/12 For Sale $239,000 -- $140 / 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
2025 $5,775 $469,771 $153,703 $316,068
2023 $5,775 $451,532 $147,736 $303,796
2022 $5,886 $442,680 $144,840 $297,840
2021 $5,767 $434,000 $142,000 $292,000
2020 $3,604 $269,101 $104,430 $164,671
2019 $3,545 $263,826 $102,383 $161,443
2018 $3,481 $258,654 $100,377 $158,277
2017 $3,432 $253,583 $98,409 $155,174
2016 $3,336 $248,612 $96,480 $152,132
2015 $3,196 $244,880 $95,032 $149,848
2014 $3,148 $240,084 $93,171 $146,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-587138

The MLS

APN: 511-490-022