NOT LISTED FOR SALE

1881 S Araby Dr Unit 31 Palm Springs, CA 92264

Araby Commons Neighborhood

Estimated Value: $459,191 - $503,000

2 Beds
2 Baths
1,000 Sq Ft
$540/mo HOA Fee

Last Sold July 01, 2020

Last sale price $305,000 $305 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,479/month

145 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Great Room
  • Palm Springs High School Rated A-
  • Furnished
  • Security Service

About This Home

As of July 2020

Located in popular Coco Cabana on Fee Land, this 2BR/2Bath, 1000 sq. ft. condo features 2 outdoor spaces, a lanai off the Master BR and one long patio that the Living Room and guest bedroom share. Additional storage located in carport and outside guest BR. One of 31 resort styled condos nestled on almost 5 acres in the Araby area of South Palm Springs. Perfect as a primary residence, second/vacation home or investment property as there is a 7 day min rental period in this complex. HOA includes: free laundry, gas, water and trash. Offered furnished per inventory.

Last Agent to Sell the Property

Will Cook

Keller Williams Luxury Homes License #01879277 Listed on: 02/07/2020

Co-Listed By

Will Cook Group

Keller Williams Luxury Homes License #01879277

Last Buyer's Agent

Kathy Klingele

Urbana Inc. License #01248909

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,189

Year Built

  • Built in 1959

Lot Details

  • 867

HOA Fees

  • $540 Monthly HOA Fees

Interior Spaces

  • 1,000 Sq Ft Home
  • Furnished
  • Great Room
  • Mountain Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Attached Carport Spaces
  • 3 Car Parking Spaces

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 510031031

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,189

Year Built

Built in 1959

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Included In Sale: Offered furnished per inventory
  • List Price per Sq Ft: 320.00
  • Lp Sp Ratio: 0.9500
  • View Type: Mountain(s)
  • Year Built: 1959
  • Co Listing Member Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Address: 435 North Palm Canyon, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 322-9266
  • Listing I D: 219039178
  • 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

  • Flooring: Mixed
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1000.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Attached Carport
  • Total Carport Spaces: 2.00
  • Total Covered Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Cooling Type: Air Conditioning
  • Heating: Forced Air
  • Security: Community
  • 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, Water, Trash, Gas
  • Association Amenities: Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 540.00
  • Total Monthly Association Fees: 540.00

Lot Info

  • Assessor Parcel Number: 510031031
  • Lot Acres: 0.0199
  • Lot Size: 871.00

Rental Info

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

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jun 22, 2020
Sold by
Borlongan Danielle and Mcmanus Gerard
Bought by
Klingele Katherine Marie
Seller's Agent
Will Cook
Keller Williams Luxury Homes
Buyer's Agent
Kathy Klingele
Urbana Inc.
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Current Estimated Value
$472,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,898
Avg. Annual Appreciation
9.33%
Original Mortgage
$274,500
Outstanding Balance
$244,929
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$236,695

Purchase Details

Closed on
Oct 23, 2017
Sold by
Lane Timothy C and Lane Kelly B
Bought by
Borlongan Danielle and Mcmanus Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2012
Sold by
Lane Timothy C and Lane Kelly B
Bought by
Lane Timothy C and Lane Kelly B

Purchase Details

Closed on
Dec 22, 2003
Sold by
Brody Jane Brooks
Bought by
Lane Timothy C and Lane Kelly B

Purchase Details

Closed on
Aug 19, 1997
Sold by
Milton Unger John and Zels Vracin Eleanor
Bought by
Brody Jane Brooks
Source: Public Records

Range of Values:

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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
Klingele Katherine Marie $305,000 None Available
Borlongan Danielle $240,000 Ticor Title
Lane Timothy C -- None Available
Lane Timothy C -- --
Brody Jane Brooks -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klingele Katherine Marie $274,500
Previous Owner Borlongan Danielle $192,000
Previous Owner Lane Timothy C $75,000
Previous Owner Lane Timothy C $153,000
Previous Owner Lane Timothy C $95,000
Previous Owner Brody Jane Brooks $70,000
Previous Owner Brody Jane Brooks $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $305,000 -4.7% $305 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
04/26/2020 04/26/20 For Sale $320,000 +4.9% $320 / Sq Ft
04/25/2020 04/25/20 Off Market $305,000 -- --
02/07/2020 02/07/20 For Sale $320,000 -- $320 / 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 $4,189 $330,139 $86,593 $243,546
2023 $4,189 $317,322 $83,232 $234,090
2022 $4,271 $311,100 $81,600 $229,500
2021 $4,187 $305,000 $80,000 $225,000
2020 $3,356 $249,696 $62,424 $187,272
2019 $3,301 $244,800 $61,200 $183,600
2018 $3,243 $240,000 $60,000 $180,000
2017 $1,114 $75,756 $20,655 $55,101
2016 $1,086 $74,271 $20,250 $54,021
2015 $1,030 $73,157 $19,947 $53,210
2014 $998 $71,726 $19,557 $52,169
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Will Cook

    Keller Williams Luxury Homes

  • W

    Seller Co-Listing Agent in 2020

    Will Cook Group

    Keller Williams Luxury Homes

    Section Image

  • K

    Buyer's Agent in 2020

    Kathy Klingele

    Urbana Inc.

    (213) 617-7008

    1 Total Sale

    Section Image
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219039178

California Desert Association of REALTORS®

APN: 510-031-031

California Riverside County Palm Springs 92264 Araby Commons

1881 S Araby Dr Unit 31, Palm Springs, CA

This home is located at 1881 S Araby Dr Unit 31, Palm Springs, CA 92264 since 07 February 2020 and is currently estimated at $485,298, approximately $485 per square foot. This property was built in 1959. 1881 S Araby Dr Unit 31 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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