NOT LISTED FOR SALE

197 W Via Lola Unit 9 Palm Springs, CA 92262

Old Las Palmas Neighborhood

Estimated Value: $610,139 - $702,000

2 Beds
2 Baths
1,230 Sq Ft
1.32 Acres

Last Sold September 12, 2018

Last sale price $425,000 $346 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,965/month

26 Days on Market

About This Home

As of September 2018

Villa de Las Palmas is the epitome of 1960's architecture by Jo Paul Rognstad, AIA, located in Old Las Palmas in Downtown Palm Springs. As evidenced by the visuals of the unit you can see that this property has been extensively remodeled by the current owner and it "lives well". Two bedrooms and two baths with large terrace overlooking the grounds of the property with large community pool. Polished cement floors for easy care and retained fireplace from the 1960's architecture. The graciously sized master bedroom and bath have access to "catwalk" terrace with slider and bedroom two has been opened up and currently has a murphy bed for use when guests are visiting. One underground parking spot and additional parking on the North and South sides of the complex. A stones throw to eateries, shops and all that Downtown Palm Springs has to offer.

Last Agent to Sell the Property

Patrick Jordan

Bennion Deville Homes License #1726623T Listed on: 07/18/2018

Bennion Deville Homes

Last Buyer's Agent

NonMember AgentDefault

NonMember OfficeDefault

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,019

Year Built

1968

Lot Details

0

Listing Details

  • Active Date: 2018-08-09
  • Full Bathroom: 2
  • Building Size: 1230.0
  • Building Structure Style: Mid Century
  • Driving Directions: One block West of Palm Canyon. Guest parking on either side of front gate to complex.
  • Full Street Address: 197 W VIA LOLA
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2018-09-12
  • Unit Floor In Building: 2
  • Total Number of Units: 24
  • View Type: Mountain View, Pool View
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1968

Interior Features

  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Appliances: Range
  • Advertising Remarks: Villa de Las Palmas is the epitome of 1960's architecture by Jo Paul Rognstad, AIA, located in Old Las Palmas in Downtown Palm Springs. As evidenced by the visuals of the unit you can see that this property has been extensively remodeled by the current
  • Total Bedrooms: 2
  • Builders Tract Code: 5890
  • Builders Tract Name: LASPALMAS-VLLADELASPALMAS
  • Fireplace: Yes
  • Levels: Ground Level
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Floor Material: Concrete Slab
  • Laundry: In Kitchen
  • Pool: Yes

Exterior Features

  • View: Yes
  • Common Walls: Attached

Garage/Parking

  • Total Parking Spaces: 1
  • Parking Features: Auto Driveway Gate
  • Parking Type: Gated Underground Parking, Parking for Guests

Utilities

  • Cooling Type: Central A/C
  • Heating Type: Central Furnace
  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Storage Area, Gated Community, Gated Parking
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Rules: PetsPermitted
  • Association Name: VILLA DE LAS PALMAS
  • HOA Fees: 475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 14, 2018
Sold by
Parisi Joseph
Bought by
Herren Michael W and Pugliese Carl V
Seller's Agent
Patrick Jordan
Bennion Deville Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$661,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,535
Avg. Annual Appreciation
6.40%
Original Mortgage
$200,000
Outstanding Balance
$120,292
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$541,243

Purchase Details

Closed on
Dec 7, 2006
Sold by
Nshe Hermitage Llc
Bought by
Parisi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Hanson Stephen E
Bought by
Nshe Hermitage Llc

Purchase Details

Closed on
Jan 17, 2001
Sold by
Wheatley William G and Wheatley Cherie A
Bought by
Hanson Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.89%
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
Herren Michael W $425,000 Orange Coast Title Company
Parisi Joseph $325,000 First American Title Company
Nshe Hermitage Llc -- Fidelity National Title Co
Hanson Stephen E $100,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herren Michael W $200,000
Previous Owner Parisi Joseph $260,000
Previous Owner Hanson Stephen E $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2018 09/12/18 Sold $425,000 0.0% $346 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $425,000 -- $346 / Sq Ft
Source: Palm Springs Regional 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 $6,019 $474,089 $122,704 $351,385
2023 $6,019 $455,683 $117,941 $337,742
2022 $6,019 $446,749 $115,629 $331,120
2021 $5,899 $437,990 $113,362 $324,628
2020 $5,637 $433,500 $112,200 $321,300
2019 $5,302 $425,000 $110,000 $315,000
2018 $4,610 $350,000 $87,500 $262,500
2017 $4,380 $330,000 $82,500 $247,500
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

  • Patrick Jordan

    Seller's Agent in 2018

    Patrick Jordan

    Bennion Deville Homes

    (760) 325-9091

    11 in this area

    273 Total Sales

    Patrick Jordan
    Section Image

  • N

    Buyer's Agent in 2018

    NonMember AgentDefault

    NonMember OfficeDefault

See All Agents

Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-364686PS

APN: 009-000-455

California Riverside County Palm Springs 92262 Old Las Palmas

197 W Via Lola Unit 9, Palm Springs, CA

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