NOT LISTED FOR SALE

197 W Via Lola Unit 22 Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $467,000 - $671,000

2 Beds
2 Baths
1,230 Sq Ft
1.32 Acres

Last Sold January 17, 2017

Last sale price $300,000 $244 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,325/month

274 Days on Market

About This Home

As of January 2017

Buyers pay millions of dollars for this unobstructed western mountain view. It can be yours for only $1,900 monthly with a 12-month lease. This classic and rare mid-century condominium building offers the quintessential Palm Springs lifestyle in Old Las Palmas, adjacent to the Uptown Design District. Walk to fine dining, coffee, drinks, and shopping. The two spacious bedrooms; 245 square foot private patio/outdoor living room; eat-in in kitchen; and an assigned parking space in the private underground garage provide a unique opportunity to surround yourself with all the best of Palm Springs. Enjoy the saltwater pool and spa. Take advantage of capacious storage, including large bedroom closets and a full wall pantry in the kitchen. The kitchen also features a built-in wall oven & microwave, and a breakfast bar open to the living room. This unique property is vacant and available for immediate occupancy. Sorry, no smoking and no pets.

Last Agent to Sell the Property

Arleen Cohen-Bianchi

Keller Williams Realty License #01815894 Listed on: 02/25/2016

Keller Williams Realty

Last Buyer's Agent

Franz Rodriguez

Desert Lifestyle Properties License #02002804

Desert Lifestyle Properties

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,486

Year Built

1968

Lot Details

0

Listing Details

  • Active Date: 2016-11-01
  • Full Bathroom: 2
  • Building Size: 1230.0
  • Building Structure Style: Mid Century
  • Driving Directions: North Palm Canyon West on Hermosa (Grace Home on the corner). There are 2 entrances, this unit is closer to the Hermosa entrance even though the address is W Via Lola.
  • Full Street Address: 197 W VIA LOLA
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2017-02-13
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 2
  • Total Number of Units: 25
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1968

Interior Features

  • Advertising Remarks: HUGE PRICE REDUCTION!!!! Views, Views, Views!!! Mid Century Modern in the heart of Las Palmas! Nestled in with multi million dollar celebrity compounds and a few steps to Palm Canyon Drive! Fee land with breathtaking mountain views! Enter a huge balcon
  • Total Bedrooms: 2
  • Builders Tract Code: 5890
  • Builders Tract Name: LASPALMAS-VLLADELASPALMAS
  • Fireplace: Yes
  • Levels: Top Level
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry in Closet, In Kitchen
  • Pool: Yes

Exterior Features

  • View: Yes
  • Common Walls: Attached

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Features: Covered Parking, Garage Door Opener
  • Parking Type: Community Garage, Parking for Guests - Onsite

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C
  • Heating Type: Central Furnace
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Rules: PetsPermitted
  • Association Name: villaDe Las Palmas
  • HOA Fees: 475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Nov 30, 2016
Sold by
Morrow David M and Morrow Linda B
Bought by
Linder Michael and Robbins Joel
Seller's Agent
Arleen Cohen-Bianchi
Keller Williams Realty
Buyer's Agent
Franz Rodriguez
Desert Lifestyle Properties
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$563,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,815
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Feb 4, 2005
Sold by
Wilson Philip T and Osborne Joseph
Bought by
Morrow David M and Morrow Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2003
Sold by
Wilson Philip T
Bought by
Wilson Philip T and Osborne Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2003
Sold by
Lamagno Robert E
Bought by
Wilson Philip T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2002
Sold by
Hughes Rees Emrys and Hughes Yolanda Ribeiro Dasilva
Bought by
Lamagno Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Linder Michael $300,000 Title365
Morrow David M $305,000 Orange Coast Title Company
Wilson Philip T -- Southland Title
Wilson Philip T $234,000 Southland Title Corporation
Lamagno Robert E $160,000 New Century Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrow David M $213,500
Previous Owner Wilson Philip T $210,600
Previous Owner Lamagno Robert E $127,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2019 02/25/19 Rented $1,900 0.0% --
01/28/2019 01/28/19 Under Contract -- -- --
01/02/2019 01/02/19 For Rent $1,900 0.0% --
01/17/2017 01/17/17 Sold $300,000 0.0% $244 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $300,000 0.0% $244 / Sq Ft
11/01/2016 11/01/16 Price Changed $300,000 0.0% $244 / Sq Ft
10/25/2016 10/25/16 Off Market $300,000 -- --
08/05/2016 08/05/16 Price Changed $339,000 -4.5% $276 / Sq Ft
04/25/2016 04/25/16 Price Changed $355,000 -5.3% $289 / Sq Ft
02/25/2016 02/25/16 For Sale $375,000 -- $305 / Sq Ft
Source: The MLS

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 $4,486 $348,169 $87,041 $261,128
2024 $4,486 $341,343 $85,335 $256,008
2023 $4,486 $334,651 $83,662 $250,989
2022 $4,486 $328,090 $82,022 $246,068
2021 $4,398 $321,658 $80,414 $241,244
2020 $4,206 $318,361 $79,590 $238,771
2019 $4,136 $312,120 $78,030 $234,090
2018 $4,062 $306,000 $76,500 $229,500
2017 $4,005 $300,000 $75,000 $225,000
2016 $3,531 $265,000 $66,000 $199,000
2015 $3,434 $265,000 $66,000 $199,000
2014 $3,264 $250,000 $62,000 $188,000
Source: Public Records

Agents Affiliated with this Home

  • Phillip Lombardi

    Seller's Agent in 2019

    Phillip Lombardi

    Keller Williams Luxury Homes

    (213) 705-3428

    Phillip Lombardi
    Section Image

  • A

    Seller's Agent in 2017

    Arleen Cohen-Bianchi

    Keller Williams Realty

    (310) 435-2944

    46 Total Sales

    Arleen Cohen-Bianchi
    Section Image
  • Franz Rodriguez

    Buyer's Agent in 2017

    Franz Rodriguez

    Desert Lifestyle Properties

    (951) 206-8296

    41 Total Sales

    Franz Rodriguez
    Section Image
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Map

Source: The MLS

MLS Number: 16-100874PS

The MLS

APN: 009-000-467

California Riverside County Palm Springs 92262 Old Las Palmas

197 W Via Lola Unit 22, Palm Springs, CA

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