$488,835
SOLD AUG 1, 2019
2 Beds
3 Baths
1,501 Sq Ft
16 Acres

Recently Sold

$326 Per Sq Ft

4% Above List Price

1 Day on Market

About This Home

As of August 2019

64@TheRiv - LUXURY amenities and architectural DESIGN. Located adjacent to the Riviera Hotel & Spa on the site of the former Sonny Bono Tennis Club, this GATED community features a RESORT style pool/spa, with poolside fire feature and seating area, outdoor grills and mountain VIEWS. Architecture features clean lines and thoughtful orientation of outdoor spaces and views. Environmentally conscious elements abound, including low-e glass, LED lighting, tankless water-heaters, and electric car charging ports for common use. All units are SOLAR-READY, with full solar installation available as an upgrade. Other design features include open concept living area, 9' ceilings with exposed beam, 8' tall sliders onto patios, clerestory windows, quartz countertops and backsplash, and custom cabinetry. Standard fixture package includes Whirlpool, Grohe, and Kohler.

Last Agent to Sell the Property

Scott Ehrens

Compass License #02074886 Listed on: 04/21/2019

Compass

Last Buyer's Agent

Becky Bryan

Sea Properties, Ltd License #01194081

Property Details

Home Type

Condominium

Est. Annual Taxes

$594,382

Year Built

2019

Lot Details

0

Listing Details

  • Cross Street: N. INDIAN CANYON & E. VIA ESCUELA
  • Half Bathroom: 1
  • Three Quarter Bathrooms: 2
  • Builder Name: THE RIV LP
  • Building Size: 1501.0
  • Building Structure Style: Modern
  • Driving Directions: From Central Palm Springs, travel North on Indian Canyon Dr., pass Vista Chino and 64 @ The Riv Complex will be on the right, adjacent to the Riviera Hotel and Spa. Entrance is on Indian Canyon Dr. between Vista Chino and Via Escuela.
  • Full Street Address: 215 THE RIV
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2019-08-09
  • Property Condition: New Construction
  • Spa Descriptions: Association Spa
  • Mello Roos: Yes
  • Unit Floor In Building: 1
  • Total Number of Units: 64
  • View Type: Mountain View
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2019

Interior Features

  • Appliances: Microwave, Range
  • Advertising Remarks: 64@TheRiv - LUXURY amenities and architectural DESIGN. Located adjacent to the Riviera Hotel & Spa on the site of the former Sonny Bono Tennis Club, this GATED community features a RESORT style pool/spa, with poolside fire feature and seating area, outdoo
  • Total Bedrooms: 2
  • Builders Tract Code: 5000
  • Builders Tract Name: 64@THERIV
  • Fireplace: No
  • Levels: Ground Level
  • Interior Amenities: Beamed Ceiling(s), High Ceilings (9 Feet+), Laundry - Closet Stacked, Open Floor Plan, Storage Space
  • Appliances: Dishwasher, Refrigerator
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry Area In Unit
  • Pool: Yes

Exterior Features

  • View: Yes
  • Common Walls: Attached
  • Foundation: Foundation - Concrete Slab
  • Community Features: Community Mailbox
  • Water: District/Public

Garage/Parking

  • Carport Spaces: 1
  • Total Parking Spaces: 1
  • Parking Features: Covered Parking
  • Parking Spaces Total: 1
  • Parking Type: Assigned, Parking for Guests - Onsite

Utilities

  • Sewer: In, Connected & Paid
  • Water Heater: Tankless
  • Cooling Type: Air Conditioning
  • Heating Type: Forced Air
  • Security: Automatic Gate, Gated Community

Condo/Co-op/Association

  • Amenities: Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Fire Pit, Gated Community, Gated Parking, Guest Parking
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Insurance Paid, Sewer Paid, Water and Sewer Paid, Water Paid
  • Association Rules: PetsPermitted
  • Association Name: 64@THERIV
  • HOA Fees: 292.9

Lot Info

  • Lot Description: Gated Community, Landscaped

Multi Family

  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Agre Dcp Palm Springs Llc
Bought by
Wgi Palm Springs Llc
Current Estimated Value
$55,925,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,172,000
Outstanding Balance
$53,720,718
Interest Rate
6.49%
Mortgage Type
Construction
Estimated Equity
$2,205,130

Purchase Details

Closed on
Jun 23, 2017
Sold by
Agre Dcp Palm Springs Llc
Bought by
Agre Dcp Palm Springs Llc

Purchase Details

Closed on
Sep 14, 2015
Sold by
Riviera Reincarnate Llc
Bought by
Agre Dcp Palm Springs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,250
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Hbf Palm Springs Resort Llc
Bought by
Riviera Reincarnate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,200,000
Interest Rate
6.12%
Mortgage Type
Construction

Purchase Details

Closed on
May 31, 2006
Sold by
The Palm Springs Riviera Hotel & Confere
Bought by
Hbf Palm Springs Resort Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,200,000
Interest Rate
6.52%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $55,600,000 Fidelity National Title
Interfamily Deed Transfer -- First American Title
Grant Deed $34,094,000 First American Title Company
Grant Deed -- None Available
Grant Deed -- North American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $54,172,000 Construction
Previous Owner $43,545,007 Commercial
Previous Owner $29,250 Future Advance Clause Open End Mortgage
Previous Owner $62,300,000 Commercial
Previous Owner $24,200,000 Construction
Previous Owner $24,200,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $463,350 -5.2% $378 / Sq Ft
08/01/2019 08/01/19 Sold $488,835 +10.1% $326 / Sq Ft
05/24/2019 05/24/19 Sold $444,050 +0.9% $296 / Sq Ft
05/07/2019 05/07/19 For Sale $439,900 -6.4% $293 / Sq Ft
04/21/2019 04/21/19 For Sale $469,900 +10.6% $313 / Sq Ft
03/11/2019 03/11/19 For Sale $425,000 -3.2% $347 / Sq Ft
02/01/2019 02/01/19 Sold $439,000 0.0% $358 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
01/23/2019 01/23/19 For Sale $439,000 -8.1% $358 / Sq Ft
12/31/2018 12/31/18 Sold $477,885 +6.4% $318 / Sq Ft
12/31/2018 12/31/18 Pending -- -- --
12/30/2018 12/30/18 For Sale $449,000 -- $299 / Sq Ft
Source: Palm Springs Regional 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 $594,382 $100,600,000 $10,600,000 $90,000,000
2023 $594,382 $35,831,154 $8,046,727 $27,784,427
2022 $617,905 $35,128,584 $7,888,949 $27,239,635
2021 $610,625 $34,439,789 $7,734,264 $26,705,525
2020 $591,546 $34,086,652 $7,654,959 $26,431,693
2019 $521,134 $33,418,287 $7,504,862 $25,913,425
2018 $537,641 $39,271,481 $7,357,708 $31,913,773
2017 $575,786 $42,139,446 $7,213,440 $34,926,006
2016 $634,081 $47,833,929 $7,072,000 $40,761,929
2015 $524,912 $40,027,369 $9,096,556 $30,930,813
2014 $490,171 $38,971,426 $8,918,368 $30,053,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 19-458832PS

APN: 501-090-014