NOT LISTED FOR SALE

1881 S Araby Dr Unit 27 Palm Springs, CA 92264

Araby Commons Neighborhood

Estimated Value: $316,000 - $391,000

1 Bed
1 Bath
690 Sq Ft
$648/mo HOA Fee

Last Sold October 17, 2022

Last sale price $355,000 $514 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,116/month

36 Days on Market

Highlights

  • Heated In Ground Pool
  • Open Floorplan
  • Mountain View
  • Palm Springs High School Rated A-
  • Midcentury Modern Architecture
  • 1 Fireplace

About This Home

As of October 2022

Charming TURNKEY Pied a Terre for those looking for a tranquil abode in Palm Springs to escape to, or perhaps reside at on a full-time basis. This end unit has been meticulously cared for by the current owners, who have also enhanced the residence with several upgrades: all new energy efficient aluminum windows and sliders; tankless on-demand water heater; privacy hedges in the back patio; newer HVAC system with Nest thermostat; new main water shutoff and pressure regulator, and other additional updates. The floorplan has no wasted space and inspires an indoor/outdoor lifestyle with a large living area flowing out to the back patio. Coco Cabana is a rare HOA community with STR potential with a minimum 6 night stay and has tennis courts, large saline pool and spa area, hiking trails conveniently nearby, and the roofs of the community are currently being replaced as well.

Last Agent to Sell the Property

Mike Patakas

Desert Sotheby's International Realty License #01264926 Listed on: 09/05/2022

Desert Sotheby's International Realty

Co-Listed By

Maria Patakas

Desert Sotheby's International Realty License #01785498

Last Buyer's Agent

Sara Swanson

BD Homes-The Paul Kaplan Group License #01959496

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1959

Lot Details

  • End Unit
  • West Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

  • $648 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Foam Roof
  • Stucco Exterior

Interior Spaces

  • 690 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • 1 Fireplace
  • Living Room
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • 1 Detached Carport Space

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 510031027

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,656

Year Built

Built in 1959

Lot Details

0

HOA Fees

$648 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces West
  • Levels: One
  • Building Style: Mid Century, Modern
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • Included In Sale: Furnishings onsite are negotiable outside escrow.
  • List Price per Sq Ft: 543.48
  • Lp Sp Ratio: 0.9500
  • Unit Total In Complex: 31
  • View Type: Mountain(s)
  • Year Built: 1959
  • Co Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Co Listing Office Fax: (760) 424-3099
  • Co Selling Member Address: 201 North Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Co Selling Office Address: 201 N Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Co Selling Office Fax: (760) 327-3991
  • Listing I D: 219084093
  • Listing Member Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Address: 500 S. Palm Canyon Dr., #101, Palm Springs, CA 92264
  • Listing Office Fax: (760) 424-3099
  • Selling Member Address: 201 North Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Selling Office Address: 201 N Palm Canyon Drive, Ste 120, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Coco Cabana
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Oven, Refrigerator, Disposal
  • Interior Amenities: Open Floorplan
  • Flooring: Tile
  • Bedroom Features: All Bedrooms Down
  • Total Bedrooms: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Laundry: Community
  • Estimated Sq Ft: 690.00

Exterior Features

  • Construction: Stucco
  • Roofing: Foam
  • Foundation: Slab
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated, In Ground, Community, Salt Water
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community, Heated
  • View: Yes

Garage/Parking

  • Parking: Detached Carport
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Central, Forced Air
  • Sewer: In, Connected and Paid
  • Water Heater Feature: Tankless

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Gas, Water, Trash
  • Association Amenities: Pet Rules, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 648.00
  • Total Monthly Association Fees: 648.00
  • Unit Location: End Unit

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 510031027
  • Irrigation: Sprinkler System
  • Lot Description: Landscaped
  • Lot Location: Corner Lot
  • Lot Size: 871.00

Rental Info

  • Furnished: Turnkey
  • 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
Aug 19, 2020
Closed on
Oct 26, 2020
Sold by
Waters Linda L and Linda L Waters Trust
Bought by
Leahy Alicia and Leahy Thomas
Seller's Agent
Chris Smith
Bennion Deville Homes
Buyer's Agent
Sara Swanson
BD Homes-The Paul Kaplan Group
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Current Estimated Value
$379,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,927
Avg. Annual Appreciation
11.09%
Original Mortgage
$184,000
Outstanding Balance
$164,479
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$214,622

Purchase Details

Listed on
Jun 9, 2014
Closed on
Jul 9, 2014
Sold by
Pampuch Mary
Bought by
Waters Linda L
Seller's Agent
Michael Ricks
Buyer's Agent
Christopher Smith
List Price
$159,000
Sold Price
$150,000
Premium/Discount to List
-$9,000
-5.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Aug 25, 2005
Sold by
Pampuch Mary Dawn
Bought by
Pampuch Mary

Purchase Details

Closed on
May 6, 2004
Sold by
Higgins Charles A
Bought by
Pampuch Mary Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2000
Sold by
Resnick Allen L and Resnick Jacqueline G
Bought by
Higgins Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
7.82%
Mortgage Type
Purchase Money Mortgage
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
Leahy Alicia $230,000 Orange Coast Title
Waters Linda L $150,000 Orange Coast Title Company
Pampuch Mary -- --
Pampuch Mary Dawn $150,000 First American Title Co
Higgins Charles A $75,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leahy Alicia $184,000
Previous Owner Pampuch Mary Dawn $120,000
Previous Owner Higgins Charles A $75,200
Previous Owner Higgins Charles A $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $355,000 -5.3% $514 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
09/24/2022 09/24/22 Price Changed $375,000 -6.0% $543 / Sq Ft
09/05/2022 09/05/22 For Sale $399,000 +73.5% $578 / Sq Ft
11/13/2020 11/13/20 Sold $230,000 -7.6% $333 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $249,000 +66.0% $361 / Sq Ft
08/07/2014 08/07/14 Sold $150,000 -5.7% $217 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $159,000 -- $230 / 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 $4,656 $369,342 $26,010 $343,332
2023 $4,656 $355,000 $25,000 $330,000
2022 $3,283 $234,600 $25,500 $209,100
2021 $3,220 $230,000 $25,000 $205,000
2020 $2,215 $164,836 $41,208 $123,628
2019 $2,178 $161,604 $40,400 $121,204
2018 $2,140 $158,436 $39,608 $118,828
2017 $2,110 $155,331 $38,832 $116,499
2016 $2,052 $152,286 $38,071 $114,215
2015 $1,977 $150,000 $37,500 $112,500
2014 $1,540 $109,000 $27,000 $82,000
Source: Public Records

Agents Affiliated with this Home

  • Mike Patakas

    Seller's Agent in 2022

    Mike Patakas

    Desert Sotheby's International Realty

    (760) 808-5400

    3 in this area

    172 Total Sales

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  • M

    Seller Co-Listing Agent in 2022

    Maria Patakas

    Desert Sotheby's International Realty

    (760) 464-4650

    3 in this area

    111 Total Sales

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  • Sara Swanson

    Buyer's Agent in 2022

    Sara Swanson

    BD Homes-The Paul Kaplan Group

    (760) 399-0706

    3 in this area

    82 Total Sales

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  • J

    Buyer Co-Listing Agent in 2022

    Josh Sloan

    Sloan Realty Group

    Section Image
  • Alex Dethier

    Buyer Co-Listing Agent in 2022

    Alex Dethier

    BD Homes-The Paul Kaplan Group

    (760) 808-3300

    9 in this area

    279 Total Sales

    Section Image
  • Chris Smith

    Seller's Agent in 2020

    Chris Smith

    Bennion Deville Homes

    (760) 799-8629

    1 in this area

    18 Total Sales

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219084093

California Desert Association of REALTORS®

APN: 510-031-027

California Riverside County Palm Springs 92264 Araby Commons

1881 S Araby Dr Unit 27, Palm Springs, CA

This home is located at 1881 S Araby Dr Unit 27, Palm Springs, CA 92264 since 05 September 2022 and is currently estimated at $359,091, approximately $520 per square foot. This property was built in 1959. 1881 S Araby Dr Unit 27 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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