NOT LISTED FOR SALE

Estimated Value: $722,000 - $865,000

2 Beds
2 Baths
1,426 Sq Ft
$600/mo HOA Fee

Last Sold July 17, 2023

Last sale price $825,000 $579 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,142/month

42 Days on Market

Highlights

  • Private Pool
  • View of Trees or Woods
  • Patio
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Laundry Room

About This Home

As of July 2023

This standalone pool-adjacent unit in Park Imperial South, a 3.5 acre resort community built in 1961 in the south end of Palm Springs, is an excellent example of well-preserved mid-century modern design. Architect Barry Berkus, apprentice of William Cody and student of Richard Neutra and Conrad Buff at USC, designed the desert community. It's best known for its folded plate roofs and decorative concrete block - both of which dynamically maneuver the desert light throughout the day. The 30 unit community features garden-like grounds with mature palm and olive trees, all oriented around a large pool and spa with unobstructed views of the San Jacinto Mountains. This Mills Act property was considered the first All-General Electric Gold Medallion Condominium home in America. Inside this well-positioned unit, the original terrazzo runway leads from the entry, past the original concrete block bar, through the voluminous living room to the private walled courtyard patio beyond. Floor to ceiling glass connects the social spaces to the verdant patio. Behind the bar, shoji screens separate the updated kitchen with its original, iconic turquoise steel range hood and stove. Adjacent to the kitchen is the dining nook. In the bedroom wing, the primary bedroom features high clerestory light, mountain views and an en suite bathroom. The other bedroom opens onto the private patio. There is also a den off of the living room that was originally designed to be converted into a third bedroom when needed. The unit comes with one nearby carport space. This updated home will allow you to enjoy a piece of modernist history as well as the best of current day Palm Springs coupled with significant tax savings.

Last Agent to Sell the Property

Jake Lazere

COMPASS License #02135438 Listed on: 05/25/2023

COMPASS

Last Buyer's Agent

April Kass

COMPASS License #01970385

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,434

Year Built

  • Built in 1961

Lot Details

  • No Common Walls
  • Fenced
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Property Views

  • Woods
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 510070010

Community Details

Overview

  • Park Imperial South Community Association
  • Community Management Associates HOA
  • Park Imperial South Subdivision
  • Maintained Community
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,434

Year Built

Built in 1961

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Mid Century Modern, Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 510070010
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1426.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 578.54
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Trees/Woods
  • Fence: Yes
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Barbecue, Range Hood, Electric Range, Water Purifier, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Spa/Hot Tub, Pool
  • Association Fee: 600.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Imperial South Community Association
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Foothills, Sidewalks
  • Association Management: Community Management Associates

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 2178.00
  • Lot Size Acres: 0.0500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2178.0000 Square Feet

Tax Info

  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 7, 2023
Sold by
Parker-Stanton Family Trust and Eric And Pamela Jany Trust
Bought by
Pastori Jason and Nahas Christian
Seller's Agent
Jake Lazere
COMPASS
Buyer's Agent
April Kass
COMPASS
List Price
$825,000
Sold Price
$825,000
Views
157
Current Estimated Value
$796,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,756
Avg. Annual Appreciation
-1.68%
Original Mortgage
$325,000
Outstanding Balance
$317,567
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$478,677

Purchase Details

Closed on
Jan 18, 2017
Sold by
Stanton Sanders M and Parker Stanton Jennifer
Bought by
Stanton Sanders M and Parker Stanton Jennifer

Purchase Details

Closed on
Jan 13, 2017
Sold by
Leflufy Carol and Stanton Sanders Martin
Bought by
Stanton Sanders M and Parker Stanton Jennifer

Purchase Details

Closed on
Sep 3, 2013
Sold by
Mmg Holdings Llc
Bought by
Northwoods 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
$665,000
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2006
Sold by
Farmers & Merchants Tr Co Of Long Beach
Bought by
Munholland Ii James M and Munholland Thomas Lewis

Purchase Details

Closed on
Apr 21, 1995
Sold by
Guzman Investment Development Co
Bought by
City Of Cathedral City Redevelopment Age
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
Pastori Jason $825,000 Lawyers Title
Stanton Sanders M -- None Available
Stanton Sanders M -- Lawyers Title
Northwoods Palm Springs Llc $1,000,000 Stewart Title Riverside
Munholland Ii James M -- None Available
City Of Cathedral City Redevelopment Age $5,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pastori Jason $325,000
Previous Owner Northwoods Palm Springs Llc $665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $825,000 0.0% $579 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $825,000 +146.3% $579 / Sq Ft
09/04/2014 09/04/14 Sold $335,000 0.0% $235 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $335,000 +12.0% $235 / Sq Ft
03/28/2013 03/28/13 Sold $299,000 0.0% $210 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
02/06/2013 02/06/13 For Sale $299,000 -- $210 / Sq Ft
Source: Pasadena-Foothills 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 $2,434 $191,627 $50,000 $141,627
2023 $2,434 $164,514 $40,000 $124,514
2022 $2,625 $183,092 $40,000 $143,092
2021 $2,315 $159,236 $40,000 $119,236
2020 $2,042 $143,275 $40,000 $103,275
2019 $1,976 $137,757 $40,000 $97,757
2018 $1,954 $136,000 $45,000 $91,000
2017 $4,601 $346,909 $86,727 $260,182
2016 $4,470 $340,108 $85,027 $255,081
2015 $4,288 $335,000 $83,750 $251,250
2014 -- $300,356 $75,340 $225,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-13737

Pasadena-Foothills Association of REALTORS®

APN: 510-070-010