NOT LISTED FOR SALE

1322 Verano Dr Palm Springs, CA 92264

Estimated Value: $680,892 - $725,000

2 Beds
2 Baths
1,838 Sq Ft
$770/mo HOA Fee

Last Sold May 07, 2024

Last sale price $675,000 $367 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,104/month

1 Day on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Tennis Courts
  • Palm Springs High School Rated A-
  • Mountain View
  • 2 Car Attached Garage

About This Home

As of May 2024

Welcome to Deepwell Ranch, a gate guarded community nestled in the ideal South Palm Springs location. This beautifully updated condo offers a warm and inviting atmosphere from the moment you step inside. The block walls and high beamed ceilings add a touch of character and charm to the space. As you enter, you'll be greeted by an open floor plan filled with soft natural light, creating a welcoming ambiance perfect for entertaining friends and family. The updated kitchen flows seamlessly into a separate family room, providing convenient everyday living. The primary suite is spacious and boasts an abundance of closet space, ensuring plenty of room for all your belongings. The primary bathroom is both functional and stylish, featuring ample storage, a separate soaking tub, and a large walk-in shower. The guest bedroom offers direct access to a nicely appointed bathroom, which also serves as a powder room when entertaining guests. With dual pane windows and doors, a newer roof, and an abundance of upgrades, this home is move-in ready and designed for your comfort. Outside, you'll find a large back patio area, perfect for hours of enjoyment and relaxation. Whether you're sipping your morning coffee or hosting a summer barbecue, this space provides the picture perfect setting. Deepwell Ranch is known for its beautiful grounds, with three pool and spa areas and a tennis court for residents to enjoy. Walking distance to L'Horizon, Koffi, Ace Hotel, Elmers, and more.

Last Agent to Sell the Property

Jesse Huskey

Compass License #01475480 Listed on: 05/06/2024

Compass

Co-Listed By

David Whitworth

Compass License #01908154

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,357

Year Built

  • Built in 1972

Lot Details

  • 3,049

HOA Fees

  • $770 Monthly HOA Fees

Interior Spaces

  • 1,838 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Mountain Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Additional Features

  • Sprinkler System
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 508470032

Community Details

Overview

  • Deepwell Ranch Subdivision
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,357

Year Built

Built in 1972

Lot Details

0

HOA Fees

$770 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: One, Ground
  • Building Number Of Stories: 1
  • List Price per Sq Ft: 380.30
  • Lp Sp Ratio: 0.9700
  • View Type: Mountain(s)
  • Year Built: 1972
  • Co Listing Member Address: 830 N Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Address: 830 N Palm Canyon Suite 2, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 820-2629
  • Listing I D: 219111177
  • Listing Member Address: 830 N Palm Canyon, Palm Springs, CA 92262
  • Listing Office Address: 830 N Palm Canyon Suite 2, Palm Springs, CA 92262
  • Listing Office Fax: (760) 820-2629
  • Selling Member Address: 680 E. Colorado Blvd. #400, Pasadena, CA 91101
  • Selling Member Fax: (626) 844-7577
  • Selling Office Address: 680 E. Colorado Blvd. #400, Pasadena, CA 91101
  • Selling Office Fax: (626) 205-4055
  • Land Type: Fee
  • Subdivision: Deepwell Ranch
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas
  • Flooring: Carpet, Tile
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1838.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: Yes
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Garage: Yes
  • Garage Description: Attached
  • Parking: Garage Door Opener
  • Total Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Security: Gated Community
  • Sewer: In Street Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Amenities: Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 770.00
  • Total Monthly Association Fees: 770.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 508470032
  • Irrigation: Sprinkler System

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Deborah L Pennell Revocable Living Trust and Pennell Deborah L
Bought by
Guerrero Alexander Suplemento and Laslie Michael Scott
Current Estimated Value
$703,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2020
Sold by
Cooney Angus
Bought by
Pennell Deborah L

Purchase Details

Closed on
Jun 16, 2005
Sold by
Fazio John R
Bought by
Fazio John R

Purchase Details

Closed on
Apr 27, 2004
Sold by
Ferenz Andrew G and Ferenz Zelina A
Bought by
Fazio John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2003
Sold by
Antonian Eve M and Ross Vera
Bought by
Ferenz Andrew G and Ferenz Zelina A

Purchase Details

Closed on
Mar 20, 1997
Sold by
Deepwell Ranch Homeowners Assn Inc
Bought by
Gardos Family Trust
Source: Public Records

Range of Values:

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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
Guerrero Alexander Suplemento $675,000 None Listed On Document
Pennell Deborah L $395,000 First American Title Company
Fazio John R -- --
Fazio John R $305,000 Multiple
Ferenz Andrew G $242,000 First American Title Co
Gardos Family Trust -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Alexander Suplemento $540,000
Previous Owner Fazio John R $150,000
Previous Owner Gardos Family Trust $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $675,000 -3.4% $367 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $699,000 -- $380 / 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
2025 $5,357 $688,500 $173,400 $515,100
2023 $5,357 $410,958 $78,030 $332,928
2022 $5,463 $402,900 $76,500 $326,400
2021 $5,354 $395,000 $75,000 $320,000
2020 $5,294 $396,495 $99,118 $297,377
2019 $5,013 $388,722 $97,175 $291,547
2018 $4,919 $381,101 $95,270 $285,831
2017 $4,847 $373,629 $93,402 $280,227
2016 $4,706 $366,304 $91,571 $274,733
2015 $4,514 $360,804 $90,197 $270,607
2014 $3,869 $306,000 $76,000 $230,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219111177

Greater Palm Springs Multiple Listing Service

APN: 508-470-032