NOT LISTED FOR SALE

1611 Fairway Cir Unit 40 Palm Springs, CA 92264

Estimated Value: $227,000 - $270,000

1 Bed
1 Bath
558 Sq Ft
$455/mo HOA Fee

Last Sold May 26, 2023

Last sale price $230,000 $412 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,890/month

24 Days on Market

Highlights

  • Heated In Ground Pool
  • Updated Kitchen
  • Mountain View
  • Gated Community
  • Open Floorplan
  • Clubhouse

About This Home

As of May 2023

Tucked away in the gated community of the Fairways minutes from all conveniences (Trader Joe's, Target, Starbucks), the airport and downtown you will find this reimagined (formerly a studio floor plan) Palm Springs pied-a-terre. This bright condo with high ceilings feels spacious and benefited from recent stylish updates and upgrades to include new kitchen cabinetry, quartz countertops, stainless appliances (private washer/dryer included), new double pane windows & sliders, new AC /furnace system, new water heater, new baseboard, a spa-like bath with a large brand new tiled walk-in shower with frame less glass door & new paint throughout. You will love the high ceilings, designer wall treatment & unique design details. Enjoy a lovely separate bedroom with plenty of storage and a wall-mounted TV. Outside awaits two private patios including a beautifully fully enclosed landscaped garden perfect & secured for pets, with mountain views. The gated Fairways community is situated in a park-like setting with 8 pools, a spa, clubhouse, tennis & pickle ball courts, just minutes away from all conveniences. Not convinced yet? This condo comes nicely turnkey furnished including artwork and audio-visual equipment. This would make also for a wonderful seasonal rental.

Last Agent to Sell the Property

Gregory Albert

Equity Union License #01226452 Listed on: 04/07/2023

Last Buyer's Agent

Lori Minnich

Engel & Völkers Palm Desert License #02207662

Engel & Völkers Palm Desert

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,677

Year Built

  • Built in 1977

Lot Details

  • End Unit
  • Stucco Fence
  • Sprinklers on Timer
  • Land Lease of $2,638 expires <<landLeaseExpirationDate>>

HOA Fees

  • $455 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof
  • Elastomeric Roof
  • Stucco Exterior

Interior Spaces

  • 558 Sq Ft Home
  • Open Floorplan
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Track Lighting
  • 1 Fireplace
  • Double Pane Windows
  • Vertical Blinds
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room
  • Tile Flooring
  • Mountain Views
  • Security Lights

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Bathroom
  • Low Flow Toliet
  • Shower Only
  • Low Flow Shower

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • 1 Assigned Parking Space

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool
  • Fence Around Pool
  • Spa Fenced

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Outdoor Grill
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 009600653

Community Details

Overview

  • Association fees include building & grounds, trash, clubhouse
  • Fairways Subdivision
  • On-Site Maintenance
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Mailbox

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,677

Year Built

Built in 1977

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above
  • Building Style: Mediterranean, Spanish
  • Disability Access: No Interior Steps
  • Entry Location: Ground Level - No Steps, Foyer
  • Included In Sale: Turnkey furnished per inventory.
  • List Price per Sq Ft: 442.65
  • Lp Sp Ratio: 0.9300
  • View Type: Mountain(s)
  • Year Built: 1977
  • Listing I D: 219093307
  • Listing Member Address: 16820 Ventura Blvd., Veronica Fiorella, Encino, CA 91436
  • Listing Office Address: 460 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (818) 380-5100
  • Selling Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Land Type: Lease
  • New Construction: No
  • Subdivision: Fairways
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Range, Microwave Oven, Water Line to Refrigerator, Washer, Stackable W/D Hookup, Refrigerator, Disposal, Dishwasher
  • Interior Amenities: Built-In Features, Track Lighting, Open Floorplan, High Ceilings (9 Ft+), Cathedral Ceiling(s)
  • Flooring: Tile
  • Total Bedrooms: 1
  • Bathroom Features: Low Flow Shower(s), Tile Shower, Remodeled, Low Flow Toilet(s)
  • Total Bathrooms: 1.00
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry: In Kitchen
  • Estimated Sq Ft: 558.00
  • Windows Treatments: Double Pane Windows, Vertical Blinds, Screens, Skylight(s), Mini Blinds

Exterior Features

  • Construction: Stucco
  • Other Features: Barbeque Private, End Unit
  • Roofing: Tile, Elastomeric
  • Fencing: Stucco Wall
  • Foundation: Slab
  • Pool: Yes
  • Pool Accessories: Safety Fence
  • Pool Construction: Gunite, In Ground
  • Pool Description: Heated, Community, Fenced
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Heated - Gas, Heated, Fenced
  • View: Yes

Garage/Parking

  • Parking: Assigned, Guest
  • Total Parking Spaces: 1.00
  • Total Uncovered Assigned Spaces: 1.00

Utilities

  • TV Svcs: Cable TV
  • Volt 220: In Kitchen
  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air, Heat Pump
  • Heating Fuel: Natural Gas
  • Security: Exterior Security Lights, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Community Mailbox, Pickle Ball Courts
  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Trash, Clubhouse
  • Association Amenities: Barbecue, Tennis Courts, Paddle Tennis, Pet Rules, Maintenance Grounds, Guest Parking, Greenbelt/Park, Clubhouse
  • HOA Information: Yes
  • HOA Fee 1: 455.00
  • Total Monthly Association Fees: 455.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 009600653
  • Irrigation: Sprinkler System, Sprinkler Timer
  • Lot Size: 3049.00

Rental Info

  • Furnished: Furnished
  • Land Lease Amt Annual: 2638.00
  • Land Lease Expiration Year: 2037
  • Land Lease Type: Lease
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2010
Sold by
Vespier Michele
Bought by
The Bank Of New York Mellon and The Bank Of New York
Current Estimated Value
$244,867
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
The Bank Of New York Mellon $35,910 Landsafe Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2023 05/26/23 Sold $230,000 -6.9% $412 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $247,000 +37.2% $443 / Sq Ft
12/13/2022 12/13/22 Sold $180,000 -2.7% $323 / Sq Ft View Prior Sale
11/11/2022 11/11/22 Pending -- -- --
10/04/2022 10/04/22 For Sale $185,000 -- $332 / 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 $1,677 $270,399 $93,531 $176,868
2023 $1,677 $206,000 $71,000 $135,000
2022 $1,677 $110,372 $48,351 $62,021
2021 $1,647 $108,208 $47,403 $60,805
2020 $1,583 $107,099 $46,917 $60,182
2019 $1,067 $65,455 $16,074 $49,381
2018 $1,051 $64,172 $15,759 $48,413
2017 $1,039 $62,914 $15,450 $47,464
2016 $1,015 $61,682 $15,148 $46,534
2015 $963 $60,757 $14,921 $45,836
2014 $933 $59,569 $14,630 $44,939
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219093307

Greater Palm Springs Multiple Listing Service

APN: 009-600-653