NOT LISTED FOR SALE

Estimated Value: $839,000 - $1,042,300

4 Beds
3 Baths
3,444 Sq Ft
3,049 Sq Ft Lot

Last Sold August 17, 2018

Last sale price $555,000 $161 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,722/month

23 Days on Market

About This Home

As of August 2018

Fee Simple, renovated and furnished Town Home, 3,444 sf! Light, open floor plan.Prime south end location within a small 22 unit complex. Great views, a community pool, spa and Tennis Court. Main floor has high vaulted ceilings, sunken wet bar, dining area, living room with fireplace, family room / den and main floor bedroom and full bath. New kitchen with stainless appliances, stone counter tops and back splash, a breakfast nook and excess cabinet & storage space. New gloss floor tile and carpet throughout. Open glass staircase landing, attached 2-car garage with direct access . Laundry area in garage. Second floor includes three additional bedrooms, two with a shared full bath. The Master Suite is extraordinary, almost 1000 sf, mountain views, balcony, high ceilings, clerestory windows, 2 walk in closets, large bathroom with separate toilet area, walk in shower and separate bathtub. Roof redone 3 years ago. There are dual AC units and zones. Two patios & BBQ for outdoor entertainment.

Last Agent to Sell the Property

Nalo Jones

Realty Trust License #01257645 Listed on: 06/27/2018

Last Buyer's Agent

Alex Dethier

BD Homes-The Paul Kaplan Group License #01926911

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,640

Year Built

1981

Lot Details

0

Parking

2

Listing Details

  • Entry Location: Ground Level - no steps
  • Active Date: 2018-06-27
  • Full Bathroom: 3
  • Building Size: 3444.0
  • Building Structure Style: Contemporary
  • Doors: Double Door Entry, Sliding Glass Door(s)
  • Driving Directions: Driving south on S Palm Canyon, turn left on La Verne Way. Turn right into parking area.
  • Full Street Address: 201 E LA VERNE WAY
  • Pool Construction: In Ground
  • Pool Descriptions: Community Pool, Heated And Filtered, Heated - Gas, Association Pool
  • Primary Object Modification Timestamp: 2018-08-17
  • Property Condition: Updated/Remodeled
  • Spa Construction: In Ground
  • Spa Descriptions: Association Spa, Community, Heated - Gas
  • Mello Roos: Unknown
  • Unit Floor In Building: 1
  • Total Number of Units: 22
  • View Type: Mountain View, Pool View, Tree Top View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Remodeled, Shower and Tub, Tile
  • Bedroom Features: Main Floor Bedroom, Master Retreat, Master Suite, WalkInCloset
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Breakfast Nook
  • Appliances: Built-In BBQ, Range Hood, Microwave, Range, Built-In Electric, Free Standing Gas, Gas
  • Advertising Remarks: Fee Simple, renovated and furnished Town Home, 3,444 sf! Light, open floor plan.Prime south end location within a small 22 unit complex. Great views, a community pool, spa and Tennis Court. Main floor has high vaulted ceilings, sunken wet bar, dining area
  • Total Bedrooms: 4
  • Builders Tract Code: 6610
  • Builders Tract Name: PALM CANYON TERRACE
  • Fireplace: Yes
  • Levels: Two Level
  • Playing Courts: Community, Tennis Court Private
  • Spa: Yes
  • Interior Amenities: Cathedral-Vaulted Ceilings, Furnished, High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting, Turnkey, Wet Bar
  • Fireplace Rooms: Living Room
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Water Line to Refrigerator
  • Fireplace Fuel: Gas, Gas Starter
  • Floor Material: Carpet
  • Kitchen Features: Island, Remodeled, Stone Counters
  • Laundry: In Garage, Laundry in Closet
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 3049
  • Common Walls: Attached
  • Direction Faces: Faces East
  • Entry Floor: 1
  • Construction: Stucco, Wood
  • Foundation: Foundation - Concrete Slab
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Patio: Patio Open, Tile
  • Community Features: Community Mailbox
  • Windows: Drapes/Curtains, Mini Blinds, Tinted Windows, Vertical Blinds
  • Roofing: Composition
  • Water: District/Public

Garage/Parking

  • Garage Spaces: 2.0
  • Total Parking Spaces: 2
  • Parking Spaces Total: 2
  • Parking Type: Garage Is Attached, Garage - Two Door, Parking for Guests

Utilities

  • Sewer: In, Connected & Paid
  • Sprinklers: Sprinkler System
  • TV Svcs: Cable TV
  • Water Heater: Gas, Water Heater Unit
  • Cooling Type: Air Conditioning, Central A/C, Dual
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air, Zoned
  • Security: 24 Hour, Carbon Monoxide Detector(s), Security System - Leased, Smoke Detector

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Tennis Courts
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash Paid, Water Paid
  • Association Rules: Call for Rules, Assoc Pet Rules
  • Association Name: PALM CANYON TERRACE
  • HOA Fees: 512.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 7, 2018
Sold by
Timberlake Scott P
Bought by
Sommer Brent W
Seller's Agent
Nalo Jones
Realty Trust
Buyer's Agent
Alex Dethier
BD Homes-The Paul Kaplan Group
List Price
$585,000
Sold Price
$555,000
Premium/Discount to List
-$30,000
-5.13%
Current Estimated Value
$933,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,245
Avg. Annual Appreciation
7.61%
Original Mortgage
$416,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 13, 2018
Sold by
Hampton Victoria
Bought by
Timberlake Scott P and Scott Paul Timberlake Revocable Living T
Seller's Agent
Jim Sample
Russell Vozella Real Estate Broker
Buyer's Agent
Nalo Jones
Realty Trust
List Price
$389,000
Sold Price
$385,000
Premium/Discount to List
-$4,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
176.19%
Original Mortgage
$288,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2009
Sold by
Smith Maria K
Bought by
Smith Maria K and Hampton Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2009
Sold by
Smith Maria K
Bought by
Smith Maria K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2004
Sold by
Smith James E and Smith Maria K
Bought by
Smith James E and Smith Maria K

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
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2002
Sold by
Spencer John M
Bought by
Morreale Joseph T and Morreale Bette M
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
Sommer Brent W $555,000 Chicago Title Company
Timberlake Scott P $385,000 Chicago Title Company
Smith Maria K -- None Available
Smith Maria K -- Chicago Title Servicelink Di
Smith James E -- Ticor Title Company
Morreale Joseph T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommer Brent W $404,977
Closed Sommer Brent W $416,250
Previous Owner Timberlake Scott P $288,750
Previous Owner Smith Maria K $117,000
Previous Owner Smith James E $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Sold $555,000 -5.1% $161 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $585,000 +51.9% $170 / Sq Ft
04/06/2018 04/06/18 Sold $385,000 -1.0% $112 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $389,000 -- $113 / 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 $7,640 $619,108 $83,661 $535,447
2023 $7,640 $595,069 $80,413 $514,656
2022 $7,794 $583,402 $78,837 $504,565
2021 $7,637 $571,964 $77,292 $494,672
2020 $7,295 $566,100 $76,500 $489,600
2019 $7,170 $555,000 $75,000 $480,000
2018 $4,075 $313,325 $78,323 $235,002
2017 $4,015 $307,183 $76,788 $230,395
2016 $3,900 $301,161 $75,283 $225,878
2015 $3,738 $296,639 $74,153 $222,486
2014 $3,684 $290,830 $72,701 $218,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-359438PS

APN: 511-520-053