NOT LISTED FOR SALE

1385 Invierno Dr Palm Springs, CA 92264

Estimated Value: $545,000 - $777,000

2 Beds
2 Baths
1,848 Sq Ft
$650/mo HOA Fee

Last Sold October 26, 2021

Last sale price $550,000 $298 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,927/month

9 Days on Market

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Mediterranean Architecture
  • Palm Springs High School Rated A-
  • Panoramic View
  • Ground Level Unit

About This Home

As of October 2021

This bright and airy condo located in the highly desirable Deepwell Ranch appeals to those seeking relaxed carefree living. Situated on fee land in the center of idyllic Deepwell Ranch with lush greenery, 3 pools/spas, tennis court, and 24hr guard gated security. This 2 Bedroom 2 Bathroom single level no steps home with vaulted wood ceiling and clerestory windows is showcased by a wall of glass with wonderful mountain views. Owner has enclosed the atrium with city permit to add a large TV/Den area. Ideally located in the heart of South Palm Springs within easy distance to shopping, restaurants, bars, and amenities, this is a fantastic opportunity to enjoy resort-style living in a peaceful neighborhood setting.

Last Agent to Sell the Property

Mark Stilwell

HomeSmart Professionals License #01247865 Listed on: 09/11/2021

HomeSmart Professionals

Last Buyer's Agent

Luca Volpe

License #02037333

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,134

Year Built

  • Built in 1972

Lot Details

  • 3,920

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Brick Driveway

Property Views

  • Panoramic
  • Canyon
  • Park or Greenbelt
  • Pool

Home Design

  • Mediterranean Architecture
  • Additions or Alterations
  • Clay Roof

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Great Room
  • Living Room with Fireplace
  • Carpet
  • Laundry in Garage

Kitchen

  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Additional Features

  • Cul-De-Sac
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 508-480-020

Community Details

Overview

  • 111 Units
  • The Management Trust Association, Phone Number (760) 776-5100
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,134

Year Built

Built in 1972

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Combo - Res & Com
  • Style: Mediterranean
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Builders Tract Code: 6320
  • Complex Name: The Management Trust
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Living Area: 1848
  • Lot Acreage: 0.0900
  • Planned Urban Dev: 1
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1972
  • Builders Tract Name: Deepwell Ranch
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Water Line to Refrigerator, Ice Maker, Refrigerator, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 297.62
  • Windows: Drapes/Curtains

Exterior Features

  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Patio: Concrete Slab
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Roof: Clay
  • Spa: Association Spa, Community, In Ground
  • Spa Yn: Yes
  • View: Canyon, Green Belt, Pool, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway - Brick, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: 24 Hour, Gated Community with Guard
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community Guard, Tennis Courts, Spa, Pool
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 650.00
  • Management Company: The Management Trust
  • Mgmt Co Phone: 7607765100|
  • Phone: 7607765100|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 508-480-020
  • Lot Location: Cul-De-Sac
  • Lot Size Area: 3920

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Sep 23, 2021
Sold by
Walker Robert V and Robert V Walker Trust
Bought by
Williams Ronald Lee
Seller's Agent
Mark Stilwell
HomeSmart Professionals
Buyer's Agent
Luca Volpe
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$676,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,975
Avg. Annual Appreciation
5.54%
Original Mortgage
$350,000
Outstanding Balance
$319,859
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$357,116

Purchase Details

Closed on
Oct 1, 2018
Sold by
Walker Robert V
Bought by
Walker Robert V

Purchase Details

Closed on
May 5, 1999
Sold by
Cohen Stanley H and Cohen Martha D
Bought by
Walker Robert and Walker Anne E

Purchase Details

Closed on
Jan 6, 1998
Sold by
Ann Burton Beverly
Bought by
Cohen Stanley H and Cohen Martha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 1997
Sold by
Deepwell Ranch Homeowners Assn Inc
Bought by
Burton Beverly Ann
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
Williams Ronald Lee $550,000 Fidelity National Title Co
Walker Robert V -- None Available
Walker Robert $160,500 Commonwealth Land Title Co
Cohen Stanley H $157,500 First American Title Ins Co
Burton Beverly Ann -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Ronald Lee $100,000
Open Williams Ronald Lee $350,000
Previous Owner Walker Robert $427,500
Previous Owner Walker Robert $268,575
Previous Owner Cohen Stanley H $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2021 10/26/21 Sold $550,000 0.0% $298 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $550,000 -- $298 / 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 $7,134 $583,663 $79,590 $504,073
2023 $7,134 $561,000 $76,500 $484,500
2022 $7,273 $550,000 $75,000 $475,000
2021 $3,493 $257,554 $57,991 $199,563
2020 $3,342 $254,914 $57,397 $197,517
2019 $3,285 $249,917 $56,272 $193,645
2018 $3,225 $245,018 $55,169 $189,849
2017 $3,178 $240,215 $54,088 $186,127
2016 $3,088 $235,506 $53,028 $182,478
2015 $2,956 $231,971 $52,233 $179,738
2014 $2,908 $227,429 $51,211 $176,218
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-782780

The MLS

APN: 508-480-020