NOT LISTED FOR SALE

1881 S Araby Dr Unit 1 Palm Springs, CA 92264

Araby Commons Neighborhood

Estimated Value: $628,000 - $943,311

3 Beds
2 Baths
2,184 Sq Ft
$425/mo HOA Fee

Last Sold May 25, 2018

Last sale price $435,000 $199 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,117/month

42 Days on Market

Highlights

  • Heated In Ground Pool
  • Midcentury Modern Architecture
  • End Unit
  • Palm Springs High School Rated A-
  • Mountain View
  • Furnished

About This Home

As of May 2018

Located in popular Coco Cabana on Fee Land in South Palm Springs, this spacious 3BR/2Bath renovated, end unit condo boasts 2184 sq. ft., an over-sized Fireplace and amazing Western Mountain, and Pool Views that are quintessential Palm Springs. Recent renovations preserve the complex's Mid-Century aesthetic and feature quartz counters, glass tile backsplash in the kitchen and porcelain tile throughout the living spaces. Enjoy the indoor/outdoor living facilitated by a large wall of glass sliders from the Living areas oriented West towards all the amazing views. Perfect as a primary residence, second/vacation home or investment property as there is no min rental period in this complex. Don't wait, make your appt. to see this beautiful condo today!

Last Agent to Sell the Property

Will Cook

Keller Williams Luxury Homes License #01879277 Listed on: 03/07/2018

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,154

Year Built

  • Built in 1959

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,184 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Electric Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 1 Carport Space
  • 2 Car Parking Spaces
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Location

  • Ground Level

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 510031001

Community Details

Overview

  • Association fees include building & grounds
  • Coco Cabana Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,154

Year Built

Built in 1959

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Orientation Faces: Front Door Faces East
  • Levels: Ground Level, No Unit Above, Ground, One
  • Builders Tract Code: Coco Cabana
  • Building Number Of Stories: 1
  • Building Style: Mid Century
  • Included In Sale: Washer/Fridge/Furniture per Inventory List
  • List Price per Sq Ft: 208.33
  • Lp Sp Ratio: 0.9560
  • View Type: Mountain(s)
  • Year Built: 1959
  • Listing I D: 218007926
  • Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Listing Office Fax: (760) 322-9266
  • Selling Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Selling Office Fax: (760) 322-9266
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Coco Cabana
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Gas Cooktop, Electric Oven, Washer
  • Fireplace: Yes
  • Fireplace Location: Living Room
  • Fireplace Features: Gas Log
  • Flooring: Carpet, Tile, Mixed
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Laundry: Individual Room
  • Estimated Sq Ft: 2184.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Assigned
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling Type: Air Conditioning, Zoned
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds
  • Association Amenities: Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 425.00
  • Total Monthly Association Fees: 425.00
  • Unit Location: End Unit

Lot Info

  • Assessor Parcel Number: 510031001
  • Lot Acres: 0.0700
  • Lot Size: 3049.00

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee Simple
  • Short Term Rentals: Yes

Tax Info

  • Mello Roos: Unknown

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 11, 2018
Sold by
Losse Katherine
Bought by
Powell Cheves Tinsley and Jarvis Robert Bett
Seller's Agent
Will Cook
Keller Williams Luxury Homes
Buyer's Agent
Unknown Member
List Price
$455,000
Sold Price
$435,000
Premium/Discount to List
-$20,000
-4.4%
Current Estimated Value
$763,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,320
Avg. Annual Appreciation
7.81%
Original Mortgage
$326,250
Outstanding Balance
$282,113
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$466,774

Purchase Details

Listed on
Feb 20, 2017
Closed on
Mar 21, 2017
Sold by
Hutchinson F Mark
Bought by
Losse Katherine
Seller's Agent
The Holland and Gaertner Group
HK Lane Real Estate
Buyer's Agent
Will Cook
Keller Williams Luxury Homes
List Price
$419,500
Sold Price
$397,000
Premium/Discount to List
-$22,500
-5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$297,750
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 2015
Sold by
Santo Michael W and Mark Hutchinson F
Bought by
Hutchinson F Mark and The F Mark Hutchinson Living Trust

Purchase Details

Closed on
Jul 27, 2004
Sold by
Baumgarten Ronald N and Baumgarten Aloha
Bought by
Santo Michael W and Hutchinson Mark

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
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2000
Sold by
Baumgarten Ronald N and Baumgarten Beatrice L
Bought by
Baumgarten Ronald N and Baumgarten Aloha

Purchase Details

Closed on
Jan 26, 1999
Sold by
Baumgarten Ronald N and Baumgarten Aloha
Bought by
Baumgarten Albert and Albert & Beatrice Baumgarten Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,800
Interest Rate
6.77%

Purchase Details

Closed on
Aug 19, 1997
Sold by
Brody Stanford L
Bought by
Brody Jane Brooks
Source: Public Records

Range of Values:

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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
Powell Cheves Tinsley $435,000 Orange Coast Title Company
Losse Katherine $397,000 Fidelity National Title
Hutchinson F Mark -- None Available
Santo Michael W $329,000 New Century Title Company
Baumgarten Ronald N -- Old Republic Title
Baumgarten Albert -- Old Republic Title Company
Brody Jane Brooks -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Cheves Tinsley $326,250
Previous Owner Losse Katherine $297,750
Previous Owner Santo Michael W $242,950
Previous Owner Santo Michael W $255,000
Previous Owner Santo Michael W $263,200
Previous Owner Baumgarten Ronald $88,000
Previous Owner Baumgarten Ronald N $162,890
Previous Owner Baumgarten Ronald N $94,800
Previous Owner Baumgarten Albert $63,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2018 05/25/18 Sold $435,000 -4.4% $199 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $455,000 0.0% $208 / Sq Ft
03/18/2018 03/18/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $455,000 +14.6% $208 / Sq Ft
04/19/2017 04/19/17 Sold $397,000 -5.4% $182 / Sq Ft
03/20/2017 03/20/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $419,500 -- $192 / Sq Ft
Source: California Desert 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 $6,154 $494,951 $123,737 $371,214
2023 $6,154 $475,733 $118,933 $356,800
2022 $6,276 $466,405 $116,601 $349,804
2021 $6,151 $457,261 $114,315 $342,946
2020 $5,878 $452,573 $113,143 $339,430
2019 $5,778 $443,700 $110,925 $332,775
2018 $5,211 $404,940 $101,235 $303,705
2017 $5,199 $395,125 $98,776 $296,349
2016 $4,290 $326,000 $81,000 $245,000
2015 $3,837 $298,000 $74,000 $224,000
2014 $3,757 $290,000 $72,000 $218,000
Source: Public Records

Agents Affiliated with this Home

  • U

    Buyer's Agent in 2018

    Unknown Member

  • T

    Seller's Agent in 2017

    The Holland and Gaertner Group

    HK Lane Real Estate

  • W

    Buyer's Agent in 2017

    Will Cook

    Keller Williams Luxury Homes

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Map

Source: California Desert Association of REALTORS®

MLS Number: 218007926

California Desert Association of REALTORS®

APN: 510-031-001

California Riverside County Palm Springs 92264 Araby Commons

1881 S Araby Dr Unit 1, Palm Springs, CA

This home is located at 1881 S Araby Dr Unit 1, Palm Springs, CA 92264 since 07 March 2018 and is currently estimated at $781,828, approximately $357 per square foot. This property was built in 1959. 1881 S Araby Dr Unit 1 is a home located in Riverside County with nearby schools including Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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