NOT LISTED FOR SALE

Estimated Value: $431,693 - $547,000

2 Beds
2 Baths
1,200 Sq Ft
1,742 Sq Ft Lot

Last Sold March 25, 2021

Last sale price $329,000 $274 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,160/month

32 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Pool View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • Ground Level Unit

About This Home

As of March 2021

Welcome to Beautiful Desert Lanai 2, located in Central Palm Springs, 2 bedroom 2 bath plus den, mid-century condo. Kitchen has been updated. Stunning community Pool area. Corner unit with easy access to parking. Close to everything Palm Springs has to offer. Bus Line close by. Reasonable HOA fees. Sold "As Is" HOA includes water and trash, community areas. All Age HOA.

Last Agent to Sell the Property

Kevin Stern

Town Real Estate License #01376548 Listed on: 01/23/2021

Last Buyer's Agent

Heather Hays

eXp Realty of California Inc License #01970014

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Den
  • Pool Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Slab Porch or Patio

Location

  • Ground Level Unit

Utilities

  • Air Conditioning
  • Forced Air Heating System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 507-310-026

Community Details

Overview

  • Association fees include trash, water
  • 22 Units
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

1,742 Sq Ft Lot

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Desert Lani 2
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Exclusions: All personal Items
  • Living Area: 1200
  • Lot Acreage: 0.0400
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Stories: 1
  • Year Built: 1962
  • Builders Tract Name: Desert Lanai
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Appliances: Free Standing Gas
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Granite Counters
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Cable, Garbage Disposal, Dishwasher, Range/Oven, Ceiling Fan, Refrigerator
  • Fireplace: No
  • Inclusions: Refrigerator/Stove
  • Price Per S Q F T: 265.83

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Concrete Slab
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa Yn: No
  • View: Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Carport Detached
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water District: Desert Water Agency
  • Cooling: Air Conditioning
  • Earth Quake Ins: 0
  • Heating: Forced Air
  • Security: Community, Gated
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Pool, Controlled Access, Guest Parking, Onsite Property Management
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water
  • HOA Fees: 340.00
  • Management Company: Self Managed
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 507-310-026
  • Lot Description: Gated Community
  • Lot Size Area: 1742

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2021
Closed on
Mar 25, 2021
Sold by
Parnes Mitchel Jason
Bought by
2005 Mitchel Jason Parnes Revocable Trus and Parnes
Seller's Agent
Kevin Stern
Town Real Estate
Buyer's Agent
Heather Hays
eXp Realty of California Inc
List Price
$329,000
Sold Price
$329,000
Current Estimated Value
$471,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,173
Avg. Annual Appreciation
7.48%
Original Mortgage
$263,200
Outstanding Balance
$236,060
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$235,113

Purchase Details

Listed on
Jan 23, 2021
Closed on
Feb 26, 2021
Sold by
Wilson Nick and 2005 Mitchel Jason
Bought by
Denham Lindon Levi and Lackie Adam Wayne
Seller's Agent
Kevin Stern
Town Real Estate
Buyer's Agent
Heather Hays
eXp Realty of California Inc
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Outstanding Balance
$236,060
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$235,113

Purchase Details

Closed on
Jul 19, 2005
Sold by
Parnes Mitchel Jason
Bought by
Parnes Mitchel Jason and 2005 Mitchell Jason Parnes Revocable Tr

Purchase Details

Closed on
Jul 13, 2000
Sold by
Welles Cameron P and Welles Peter C
Bought by
Parnes Mitchel Jason
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2005 Mitchel Jason Parnes Revocable Trus -- --
Denham Lindon Levi $329,000 First American Title Company
Parnes Mitchel Jason -- --
Parnes Mitchel Jason $95,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denham Lindon Levi $263,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2021 03/25/21 Sold $329,000 +3.1% $274 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/11/2021 02/11/21 Price Changed $319,000 -3.0% $266 / Sq Ft
01/23/2021 01/23/21 For Sale $329,000 -- $274 / Sq Ft
Source: The MLS

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 $4,421 $356,118 $75,769 $280,349
2023 $4,421 $342,291 $72,828 $269,463
2022 $4,504 $335,580 $71,400 $264,180
2021 $4,453 $325,000 $81,000 $244,000
2020 $1,800 $130,866 $32,710 $98,156
2019 $1,771 $128,301 $32,069 $96,232
2018 $1,740 $125,787 $31,441 $94,346
2017 $1,715 $123,322 $30,825 $92,497
2016 $1,669 $120,905 $30,221 $90,684
2015 $1,589 $119,091 $29,768 $89,323
2014 $1,553 $116,760 $29,186 $87,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-679320

The MLS

APN: 507-310-026

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