NOT LISTED FOR SALE

1950 S Palm Canyon Dr Unit 161 Palm Springs, CA 92264

Estimated Value: $333,000 - $395,000

2 Beds
2 Baths
1,024 Sq Ft
$391/mo HOA Fee

Last Sold September 06, 2022

Last sale price $385,000 $376 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,764/month

40 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Gated Community
  • Palm Springs High School Rated A-
  • Two Primary Bedrooms
  • Mountain View

About This Home

As of September 2022

GREAT PALM SPRINGS LOCATION! Sandstone Villas is a highly desirable community on FEE LAND (you own) and with low HOA dues! This 2-bedroom GROUND FLOOR condo features TWO MAIN SUITES with ensuite bathrooms and one opens out to a private and fenced patio/yard space...perfect for pet owners. Spacious living room; dining area and kitchen adjacent with views of the mountains. This well managed community is lushly landscaped and gated with so many amenities... multiple pools and spas, tennis and pickleball, basketball, fitness center and sauna, BBQ areas.... and so close to hiking and downtown Palm Springs restaurants, shops and entertainment. Come see this one... makes a great full time residence, desert retreat or investment property with 7-day rental minimum.

Last Agent to Sell the Property

Mary Marx

Berkshire Hathaway Home Services California Properties License #00684821 Listed on: 07/15/2022

Berkshire Hathaway Home Services California Properties

Co-Listed By

Josh Marx

Berkshire Hathaway Home Services California Properties License #01867391

Last Buyer's Agent

John Burge

Bennion Deville Homes License #01489191

Bennion Deville Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,027

Year Built

  • Built in 1972

Lot Details

  • 871

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,024 Sq Ft Home
  • 2 Fireplaces
  • Living Room
  • Dining Area
  • Tile Flooring
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Parking

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

Pool

  • In Ground Pool
  • In Ground Spa
  • Gunite Pool

Additional Features

  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 511191135

Community Details

Overview

  • Association fees include building & grounds, water, trash, sewer, maintenance paid, clubhouse
  • 148 Units
  • Sandstone Villas Subdivision
  • On-Site Maintenance

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,027

Year Built

Built in 1972

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground
  • Entry Floor: 1
  • Entry Location: Ground Level - No Steps
  • List Price per Sq Ft: 397.46
  • Lp Sp Ratio: 0.9500
  • Unit Total In Complex: 148
  • View Type: Mountain(s)
  • Year Built: 1972
  • Co Listing Member Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Co Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Co Listing Office Fax: (760) 777-7571
  • Listing I D: 219082991
  • Listing Member Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Listing Office Address: 74-990 Highway 111, Indian Wells, CA 92210
  • Listing Office Fax: (760) 777-7571
  • Selling Member Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Selling Office Address: 201 N Palm Canyon Drive, Suite 120, Palm Springs, CA 92262
  • Selling Office Fax: (760) 327-3991
  • Street Direction: S
  • Land Type: Fee
  • Subdivision: Sandstone Villas
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Flooring: Tile
  • Bedroom Features: 2 Master Bedrooms
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Dining Area
  • Laundry: Community
  • Estimated Sq Ft: 1024.00

Exterior Features

  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Community, Gunite
  • 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: Assigned, Guest, Detached Carport
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Central Air
  • Heating: Forced Air
  • Security: Card/Code Access, Gated Community
  • Sewer: In, Connected and Paid

Association/Amenities

  • Community Features: Pickle Ball Courts, Doggie Park
  • Association #1 Frequency: Monthly
  • Pet Rules: Call
  • Gated Community: Yes

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Sewer, Maintenance Paid, Clubhouse
  • Association Amenities: Barbecue, Basketball Court, Tennis Courts, Sauna, Maintenance Grounds, Guest Parking, Fitness Center, Clubhouse, Controlled Access
  • HOA Information: Yes
  • HOA Fee 1: 390.71
  • Total Monthly Association Fees: 391.00

Lot Info

  • Assessor Parcel Number: 511191135
  • Lot Size: 871.00

Rental Info

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

Multi Family

  • Total Fireplaces: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 21, 2022
Sold by
Peck Wolf William
Bought by
Brad Robert Prescott Living Trust
Seller's Agent
Mary Marx
Berkshire Hathaway Home Services California Properties
Buyer's Agent
John Burge
Bennion Deville Homes
List Price
$407,000
Sold Price
$385,000
Premium/Discount to List
-$22,000
-5.41%
Current Estimated Value
$369,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,219
Avg. Annual Appreciation
-1.28%

Purchase Details

Closed on
Mar 24, 2003
Sold by
Kosloff Sandy J
Bought by
Wolf William Peck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,250
Interest Rate
5.72%

Purchase Details

Closed on
Mar 6, 2002
Sold by
Kosloff Elizabeth A
Bought by
Kosloff Sandy J
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
Brad Robert Prescott Living Trust $385,000 --
Wolf William Peck $95,000 First American Title Co
Kosloff Sandy J -- First American Title Co
Kosloff Sandy J -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolf William Peck $90,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2022 09/06/22 Sold $385,000 -5.4% $376 / Sq Ft
07/15/2022 07/15/22 For Sale $407,000 -- $397 / Sq Ft
Source: Greater Palm Springs Multiple Listing Service

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 $5,027 $400,554 $26,010 $374,544
2023 $5,027 $385,000 $25,000 $360,000
2022 $1,926 $129,631 $32,401 $97,230
2021 $1,891 $127,090 $31,766 $95,324
2020 $1,815 $125,788 $31,441 $94,347
2019 $1,788 $123,323 $30,825 $92,498
2018 $1,758 $120,906 $30,221 $90,685
2017 $1,736 $118,536 $29,629 $88,907
2016 $1,691 $116,213 $29,049 $87,164
2015 $1,614 $114,468 $28,613 $85,855
2014 $1,578 $112,227 $28,053 $84,174
Source: Public Records

Agents Affiliated with this Home

  • Mary Marx

    Seller's Agent in 2022

    Mary Marx

    Berkshire Hathaway Home Services California Properties

    (760) 424-9299

    144 Total Sales

    Mary Marx
    Section Image
  • Josh Marx

    Seller Co-Listing Agent in 2022

    Josh Marx

    Berkshire Hathaway Home Services California Properties

    (818) 590-4099

    127 Total Sales

    Josh Marx
    Section Image
  • John Burge

    Buyer's Agent in 2022

    John Burge

    Bennion Deville Homes

    (760) 409-4651

    46 Total Sales

    John Burge
    Section Image
See All Agents

Map

Source: Greater Palm Springs Multiple Listing Service

MLS Number: 219082991

Greater Palm Springs Multiple Listing Service

APN: 511-191-135

California Riverside County Palm Springs 92264

1950 S Palm Canyon Dr Unit 161, Palm Springs, CA

This home is located at 1950 S Palm Canyon Dr Unit 161, Palm Springs, CA 92264 since 15 July 2022 and is currently estimated at $369,781, approximately $361 per square foot. This property was built in 1972. 1950 S Palm Canyon Dr Unit 161 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.

Greater Palm Springs Multiple Listing Service 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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