NOT LISTED FOR SALE

Estimated Value: $631,000 - $801,000

2 Beds
2 Baths
1,897 Sq Ft
3,049 Sq Ft Lot

Last Sold April 08, 2016

Last sale price $425,000 $224 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,220/month

5 Days on Market

About This Home

As of April 2016

Palm Springs one level Villa, great location rarely available at the highly sought after Versailles community, and you own the land. Completely renovated in 2015, 2 bedroom and den (3rd bedroom is a den) 10 ft ceilings, with an open floor plan. Spacious private patio with full western mountain views, and no immediate neighbors on 2 sides. This fabulous location in South Palm Springs is close to : Smoke Tree Shopping Center, the Smoke Tree Commons, and The Buzz Trolley stop. Again you own the land. Attached 2-car Garage with direct access and near community large pool/spa and tennis courts. No work needed this Villa is move in ready. Chandelier in Dining area excluded.

Last Agent to Sell the Property

Kathryn Tomasino

Keller Williams Luxury Homes License #01762787 Listed on: 01/31/2016

Keller Williams Luxury Homes

Last Buyer's Agent

Kathryn Tomasino

Bennion Deville Homes License #01762787

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,165

Year Built

1981

Lot Details

0

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2016-01-31
  • Full Bathroom: 2
  • Building Size: 1897.0
  • Building Structure Style: Modern
  • Driving Directions: From E. Palm Canyon got to Cerritos, turn North (left) On Cerritos, follow to 1501 S. Cerritos, unit is on the West side of the street.
  • Full Street Address: 1501 S CERRITOS DR
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2016-04-11
  • Property Condition: Updated/Remodeled
  • Spa Descriptions: Association Spa, Community
  • Unit Floor In Building: 1
  • Total Number of Units: 107
  • View Type: Mountain View, Panoramic View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Bathroom Features: Double Vanity(s), Linen Closet
  • Eating Areas: Breakfast Area, Dining Area
  • Appliances: Microwave, Built-In Gas
  • Advertising Remarks: Kathryn Tomasino 760.333.9990 cal bre#01762787 Palm Springs one level Villa, great location rarely available at the highly sought after Versailles community, and you own the land. Completely renovated in 2015, 2 bedroom and den (3rd bedroom is a den)
  • Total Bedrooms: 2
  • Builders Tract Code: 7040
  • Builders Tract Name: VERSAILLES
  • Fireplace: Yes
  • Levels: One Level, Ground Level, Split Level
  • Playing Courts: Community, Tennis Court Private
  • Spa: Yes
  • Interior Amenities: Bar, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Garbage Disposal, Vented Exhaust Fan
  • Association Phone Number: 7603461161
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 3049
  • Common Walls: Attached
  • Direction Faces: Faces West
  • Patio: Patio Open, Awning

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Type: Garage - Two Door, Garage Is Attached, Private

Utilities

  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central A/C, Ceiling Fan(s)
  • Heating Type: Central Furnace, Forced Air

Condo/Co-op/Association

  • Amenities: Tennis Courts
  • HOA: No
  • HOA Fee Frequency: Monthly
  • Association Rules: Call for Rules
  • Association Name: Associa DRM
  • HOA Fees: 449.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2016
Closed on
Apr 7, 2016
Sold by
Clampa George
Bought by
Sturtevant Dorothy
Seller's Agent
Kathryn Tomasino
Keller Williams Luxury Homes
Buyer's Agent
Kathryn Tomasino
Keller Williams Luxury Homes
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
$701,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,603
Avg. Annual Appreciation
5.28%
Original Mortgage
$225,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2016
Closed on
Feb 10, 2016
Sold by
Carlo Peter A Di
Bought by
Sturtevant Dorothy J
Seller's Agent
Kathryn Tomasino
Keller Williams Luxury Homes
Buyer's Agent
Kathryn Tomasino
Keller Williams Luxury Homes
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2012
Sold by
Dicarlo Peter A
Bought by
Dicarlo Peter A

Purchase Details

Closed on
Feb 24, 2012
Sold by
Dicarlo Peter A
Bought by
Dicarlo Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2011
Sold by
Dicarlo Peter A and Dicarlo Rebecca L
Bought by
Dicarlo Peter A

Purchase Details

Closed on
Sep 23, 2002
Sold by
Dicarlo Peter A and Dicarlo Rebecca L
Bought by
Dicarlo Peter and Dicarlo Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,300
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2001
Sold by
Dicarlo Peter and Dicarlo Rebecca L
Bought by
Dicarlo Peter and Dicarlo Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2001
Sold by
Dicarlo Lorenzo and Dicarlo Louise A
Bought by
Dicarlo Peter and Dicarlo Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 27, 2000
Sold by
Dicarlo Lorenzo and Dicarlo Louise A
Bought by
Dicarlo Peter A and Dicarlo Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 12, 1997
Sold by
Dicarlo Lorenzo A and Dicarlo Louise A
Bought by
Dicarlo Lorenzo and Dicarlo Louise A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sturtevant Dorothy -- First American Title Ins Co
Sturtevant Dorothy J $425,000 First American Title Ins Co
Dicarlo Peter A -- None Available
Dicarlo Peter A -- Ticor Title Company Of Ca
Dicarlo Peter A -- None Available
Dicarlo Peter A -- None Available
Dicarlo Peter -- Chicago Title Co
Dicarlo Peter A -- Chicago Title Co
Dicarlo Peter -- Chicago Title Co
Dicarlo Peter -- Chicago Title Co
Dicarlo Peter -- --
Dicarlo Peter A -- --
Dicarlo Lorenzo -- Chicago Title Co
Dicarlo Lorenzo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturtevant Dorothy J $166,350
Previous Owner Sturtevant Dorothy J $225,000
Previous Owner Dicarlo Peter A $171,500
Previous Owner Dicarlo Peter A $100,000
Previous Owner Dicarlo Peter A $113,000
Previous Owner Dicarlo Peter A $128,300
Previous Owner Dicarlo Peter $125,000
Previous Owner Dicarlo Peter A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $425,000 -5.3% $224 / Sq Ft
02/05/2016 02/05/16 Pending -- -- --
01/31/2016 01/31/16 For Sale $449,000 -- $237 / 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 $6,165 $503,106 $136,132 $366,974
2023 $6,165 $483,572 $130,847 $352,725
2022 $6,284 $474,091 $128,282 $345,809
2021 $6,157 $464,796 $125,767 $339,029
2020 $5,883 $460,031 $124,478 $335,553
2019 $5,781 $451,012 $122,038 $328,974
2018 $5,674 $442,170 $119,646 $322,524
2017 $5,591 $433,500 $117,300 $316,200
2016 $3,139 $233,087 $62,147 $170,940
2015 $3,008 $229,587 $61,214 $168,373
2014 $2,961 $225,092 $60,016 $165,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-977037PS

The MLS

APN: 502-326-028