NOT LISTED FOR SALE

1881 S Araby Dr Unit 26 Palm Springs, CA 92264

Araby Commons Neighborhood

Estimated Value: $315,669 - $392,000

1 Bed
1 Bath
690 Sq Ft
$395/mo HOA Fee

Last Sold August 16, 2017

Last sale price $222,000 $322 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,619/month

11 Days on Market

Highlights

  • Spa
  • Midcentury Modern Architecture
  • 1 Fireplace
  • Palm Springs High School Rated A-
  • Mountain View
  • Detached Garage

About This Home

As of August 2017

Rare and stunning! This Coco Cabana condo is everything you love about the midcentury design of yesteryear and the technology of today. Top it off with a South Palm Springs location, low HOA, and no land lease - this is the best pied--terre on the market! Recently renovated for owner's personal use, luxury finishes abound. High gloss cabinetry, matching appliances, and marble countertops create an airy kitchen that opens up to the living room. One bedroom and marble clad bathroom are smartly decorated with period style pieces and configured to offer privacy when entertaining. Laundry is in-unit and smart features like LED lighting, dual glazed windows, Nest thermostat, and alarm system offer energy savings and comfort and security that you can control from wherever your travels take you. You won't want to miss this!

Last Agent to Sell the Property

James Stout

KUD Properties, Inc. License #01956578 Listed on: 07/06/2017

Last Buyer's Agent

David Neglia

Redfin Corporation License #01963045

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,264

Year Built

  • Built in 1959

Lot Details

  • 867

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 690 Sq Ft Home
  • Bar
  • 1 Fireplace
  • Entryway
  • Living Room
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Detached Carport Space
  • Assigned Parking

Pool

  • Spa
  • Outdoor Pool

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 510031026

Community Details

Overview

  • Association fees include building & grounds, water, trash, gas
  • 31 Units
  • Coco Cabana Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,264

Year Built

Built in 1959

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Ground
  • Building Style: Mid Century
  • Entry Floor: 1
  • List Price per Sq Ft: 340.58
  • Lp Sp Ratio: 0.9447
  • Unit Total In Complex: 31
  • View Type: Mountain(s)
  • Year Built: 1959
  • Listing I D: 17248962
  • Listing Member Address: 74124 Highway 111, Palm Desert, CA 92260
  • Listing Office Address: 74124 Highway 111, Palm Desert, CA 92260
  • Selling Office Address: 1115 N Palm Canyon Drive, Palm Springs, CA 92262
  • Selling Office Fax: (760) 406-4221
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Coco Cabana
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Freezer, Dishwasher
  • Flooring: Tile
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Laundry: Community
  • Estimated Sq Ft: 690.00

Exterior Features

  • Pool: Yes
  • Pool Description: Community
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • View: Yes

Garage/Parking

  • Garage Description: Detached
  • Parking: Assigned, Detached Carport
  • Total Covered Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central

Association/Amenities

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

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Gas
  • HOA Information: Yes
  • HOA Fee 1: 395.00
  • Total Monthly Association Fees: 395.00

Lot Info

  • Assessor Parcel Number: 510031026
  • Lot Acres: 0.0199
  • Lot Size: 871.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

Multi Family

  • Total Fireplaces: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Shaw Christopher W F
Bought by
Shaw Christopher W F
Current Estimated Value
$356,417

Purchase Details

Listed on
Jul 6, 2017
Closed on
Jul 20, 2017
Sold by
Pierce John L and Seebach Sharon E
Bought by
Shaw Christopher W F
Seller's Agent
James Stout
KUD Properties, Inc.
Buyer's Agent
David Neglia
Redfin Corporation
List Price
$235,000
Sold Price
$222,000
Premium/Discount to List
-$13,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$166,500
Outstanding Balance
$139,263
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$240,969

Purchase Details

Listed on
Oct 1, 2014
Closed on
Oct 22, 2014
Sold by
Hale Nicholas C and Coats Ricky L
Bought by
The Pierce Family Trust
Seller's Agent
Nicholas Hale
HomeSmart Professionals
Buyer's Agent
Brad Hudson
BD Homes-The Paul Kaplan Group
List Price
$164,500
Sold Price
$157,500
Premium/Discount to List
-$7,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%
Original Mortgage
$100,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2013
Sold by
Lehrbaum Peter
Bought by
Hale Nicholas C and Coats Ricky L

Purchase Details

Listed on
May 21, 2012
Closed on
Oct 29, 2012
Sold by
Coco Cabana Homeowners Association
Bought by
Lehrbaum Peter
Seller's Agent
Donna Peace
Desert Star Real Estate Referrals
Buyer's Agent
Mark Stilwell
HomeSmart Professionals
List Price
$136,000
Sold Price
$115,750
Premium/Discount to List
-$20,250
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$86,812
Interest Rate
3.34%
Mortgage Type
New Conventional
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
Shaw Christopher W F -- None Available
Shaw Christopher W F $222,000 First American Title Ins Co
The Pierce Family Trust $157,500 First American Title Company
Hale Nicholas C $120,000 Lawyers Title Company
Lehrbaum Peter $116,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Christopher W F $40,000
Open Shaw Christopher W F $166,500
Previous Owner Pierce John L $100,000
Previous Owner The Pierce Family Trust $100,000
Previous Owner Lehrbaum Peter $86,812
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $222,000 -5.5% $322 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $235,000 +49.2% $341 / Sq Ft
11/06/2014 11/06/14 Sold $157,500 -4.3% $228 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $164,500 +42.1% $238 / Sq Ft
11/14/2012 11/14/12 Sold $115,750 -5.5% $168 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
09/22/2012 09/22/12 Price Changed $122,500 -4.7% $178 / Sq Ft
07/08/2012 07/08/12 Price Changed $128,500 -5.5% $186 / Sq Ft
05/21/2012 05/21/12 For Sale $136,000 -- $197 / 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 $3,264 $252,592 $63,147 $189,445
2023 $3,264 $242,786 $60,696 $182,090
2022 $3,327 $238,026 $59,506 $178,520
2021 $3,263 $233,360 $58,340 $175,020
2020 $3,124 $230,968 $57,742 $173,226
2019 $3,073 $226,440 $56,610 $169,830
2018 $3,019 $222,000 $55,500 $166,500
2017 $2,295 $163,096 $40,773 $122,323
2016 $2,233 $159,899 $39,974 $119,925
2015 $2,136 $157,500 $39,375 $118,125
2014 $1,675 $120,000 $30,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • James Stout

    Seller's Agent in 2017

    James Stout

    KUD Properties, Inc.

    (760) 391-2815

    8 Total Sales

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  • D

    Buyer's Agent in 2017

    David Neglia

    Redfin Corporation

    Section Image
  • Nicholas Hale

    Seller's Agent in 2014

    Nicholas Hale

    HomeSmart Professionals

    (760) 459-5151

    2 in this area

    6 Total Sales

    Section Image
  • Brad Hudson

    Buyer's Agent in 2014

    Brad Hudson

    BD Homes-The Paul Kaplan Group

    (310) 867-0521

    61 Total Sales

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  • D

    Seller's Agent in 2012

    Donna Peace

    Desert Star Real Estate Referrals

    Section Image

  • M

    Buyer's Agent in 2012

    Mark Stilwell

    HomeSmart Professionals

    (760) 774-2544

    17 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 17248962

California Desert Association of REALTORS®

APN: 510-031-026

California Riverside County Palm Springs 92264 Araby Commons

1881 S Araby Dr Unit 26, Palm Springs, CA

This home is located at 1881 S Araby Dr Unit 26, Palm Springs, CA 92264 since 06 July 2017 and is currently estimated at $356,417, approximately $516 per square foot. This property was built in 1959. 1881 S Araby Dr Unit 26 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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