NOT LISTED FOR SALE

Estimated Value: $422,000 - $482,000

2 Beds
2 Baths
1,305 Sq Ft
$528/mo HOA Fee

Last Sold April 14, 2023

Last sale price $395,000 $303 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,384/month

33 Days on Market

Highlights

  • Spa
  • Two Primary Bedrooms
  • Main Floor Bedroom
  • Palm Springs High School Rated A-
  • Mountain View
  • End Unit

About This Home

As of April 2023

FEE SIMPLE (you own the land: no BIA to deal with or make payments to) and the perfect location for living the desert lifestyle! THIS CONDO HAS JUST UNDERGONE A MAJOR REFURBISHING: from new laminated flooring throughout, to every wall, door, nook and cranny that have been painted in light bright modern shades with occasional gray accent walls, to new countertops in kitchen and bathrooms and a brand-new combo washer/dryer that is coming. It is a ground floor unit with excellent convenient access. It comes fully furnished with 2 bedrooms, 2 baths & 3 patios! The main living area is comprised of four distinct spaces: (1) living room; (2) separate dining area; (3) full kitchen with breakfast bar area; and (4) a covered patio with double sliders. These areas combine to provide generous space to relax & entertain. The primary has an attached en-suite bathroom, 3 closets and a slider to another patio with lots of privacy and a limited mountain view. The second bedroom, with its own entry to the hall bathroom, provides lots of privacy for your guests and it too has a slider to yet another patio, also with some mountain view. This fully furnished condo makes for an easy move! Location, location, location: very close by are grocery stores and the Smoketree Plaza. Versailles is a resort-like community featuring tennis courts and four swimming pool with spas. The community is centrally located in South Palm Springs, close to everything in Downtown Palm Springs. Don't miss this opportunity!

Last Agent to Sell the Property

Jennifer Stein

Jennifer Stein Real Estate, Inc License #01507135 Listed on: 02/10/2023

Co-Listed By

Tamara Anderson

Jennifer Stein Real Estate, Inc License #01468339

Last Buyer's Agent

Stacey Grande

Coldwell Banker Realty License #01484737

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,152

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • 1 Common Wall
  • Block Wall Fence
  • Stucco Fence
  • Fence is in good condition
  • Rectangular Lot
  • Front Yard Sprinklers

HOA Fees

  • $528 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Asphalt Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room
  • Formal Dining Room
  • Storage
  • Vinyl Flooring
  • Mountain Views
  • Pest Guard System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Six Burner Stove
  • Gas Range
  • Free-Standing Range
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Carport
  • Parking Available
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Spa
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Schools

  • Cahuilla Elementary School
  • Raymond Cree Middle School
  • Palm Springs High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15305
  • Assessor Parcel Number 502325059
  • $252 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 107 Units
  • Versailles Homeowners Association, Phone Number (760) 614-2749
  • Versailles Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,152

Year Built

Built in 1981

Lot Details

0

HOA Fees

$528 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All fixtures, furnishings and fittings in the Property
  • Other Phone Description: Seller
  • Other Phone Number: 310-387-8190
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Versailles (33514)
  • View: Yes
  • Zoning: R1C
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 502325059
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1305.00 Square Feet
  • Interior Amenities: Furnished, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Separated
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 302.68
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Association
  • Window Features: Blinds, Drapes, Screens

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Good Condition, Stucco Wall
  • Patio And Porch Features: Covered, Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asphalt, Common Roof
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport, Guest

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Underground Utilities
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Electric Water Heater, Free-Standing Range, Gas Range, Ice Maker, Microwave, Recirculated Exhaust Fan, Water Line to Refrigerator
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s), Pest Control, Insurance, Maintenance Grounds, Trash, Sewer, Water, Permitted Types
  • Association Fee: 528.00
  • Association Fee Frequency: Monthly
  • Association Name: Versailles Homeowners Association
  • Phone: 760-614-2749
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Versailles Homeowners Association

Schools

  • School District: Palm Springs Unified
  • Elementary School: Cahuilla
  • Middle School: Raymond Cree
  • High School: Palm Springs
  • Elementary School: Cahuilla
  • High School: Palm Springs
  • Middle Or Junior School: Raymond Cree
  • Elementary School #2: CAHUIL
  • High School2: PALSPR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot, Sprinklers In Front
  • Lot Size Sq Ft: 1742.00
  • Lot Size Acres: 0.0400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1742.0000 Square Feet
  • Number Of Units In Community: 107
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 9407.00
  • Tax Lot: 1
  • Tax Tract Number: 15305
  • TaxOtherAnnualAssessmentAmount: 252.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 16, 2023
Sold by
Walkley Douglas and Walkley Diane
Bought by
Lilligren Katherine Kelly and Lilligren Charles Lewis
Seller's Agent
Jennifer Stein
Jennifer Stein Real Estate, Inc
Buyer's Agent
Stacey Grande
Coldwell Banker Realty
List Price
$425,800
Sold Price
$395,000
Premium/Discount to List
-$30,800
-7.23%
Views
197
Current Estimated Value
$445,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,457
Avg. Annual Appreciation
6.67%
Original Mortgage
$316,000
Outstanding Balance
$307,622
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$152,365

Purchase Details

Listed on
Oct 21, 2022
Closed on
Dec 9, 2022
Sold by
Mayre Lou Montessoro Trust
Bought by
Walkley Douglas and Walkley Diane
Seller's Agent
Gina Moraldi
Keller Williams Luxury Homes
Buyer's Agent
Richard Enright
Berkshire Hathaway HomeServices California Properties
List Price
$349,000
Sold Price
$325,600
Premium/Discount to List
-$23,400
-6.7%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.50%

Purchase Details

Closed on
Jun 12, 2014
Sold by
Montessoro Mayre Lou
Bought by
Montessoro Mayre Lou

Purchase Details

Closed on
Dec 8, 2008
Sold by
Foate Jack L and Foate Irene E
Bought by
Walsh Mary M

Purchase Details

Closed on
Nov 24, 2008
Sold by
Walsh Mary M
Bought by
Montessoro Mayre Lou
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
Lilligren Katherine Kelly $395,000 First American Title
Walkley Douglas $326,000 Chicago Title
Montessoro Mayre Lou -- None Available
Walsh Mary M -- Fidelity National Title Ins
Montessoro Mayre Lou $150,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lilligren Katherine Kelly $316,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $395,000 -1.2% $303 / Sq Ft
02/19/2023 02/19/23 Price Changed $399,800 -6.1% $306 / Sq Ft
02/10/2023 02/10/23 For Sale $425,800 +30.8% $326 / Sq Ft
12/22/2022 12/22/22 Sold $325,600 +2.1% $250 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/18/2022 11/18/22 Price Changed $319,000 -8.6% $244 / Sq Ft
10/21/2022 10/21/22 For Sale $349,000 -- $267 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,152 $410,958 $78,030 $332,928
2023 $5,152 $325,500 $125,000 $200,500
2022 $2,603 $182,007 $45,498 $136,509
2021 $2,554 $178,439 $44,606 $133,833
2020 $2,447 $176,610 $44,149 $132,461
2019 $2,408 $173,148 $43,284 $129,864
2018 $2,367 $169,754 $42,436 $127,318
2017 $2,336 $166,426 $41,604 $124,822
2016 $2,273 $163,164 $40,789 $122,375
2015 $2,174 $160,715 $40,177 $120,538
2014 $2,134 $157,569 $39,391 $118,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23022983

California Regional Multiple Listing Service (CRMLS)

APN: 502-325-059