NOT LISTED FOR SALE

Estimated Value: $409,990 - $431,000

2 Beds
2 Baths
1,305 Sq Ft
$408/mo HOA Fee

Last Sold February 11, 2016

Last sale price $217,000 $166 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,893/month

25 Days on Market

Highlights

  • Unit is on the top floor
  • Heated In Ground Pool
  • End Unit
  • Palm Springs High School Rated A-
  • Mountain View
  • Balcony

About This Home

As of February 2016

Welcome to Versailles, one of the Best developments in South Palm Springs! Conveniently located across from Smoke Tree Plaza and Smoke Tree Commons with a great variety of Shopping, Dining and Grocery Stores, etc. PLUS, the Shuttle to Downtown Palm Springs stops right out front! This Bright and immaculate North/South positioned upper level unit has 2 Master Suites and 3 Balconies, Vaulted Ceilings and Clerestory Windows giving this home an open and spacious feel. Includes a pass-through bar from the kitchen, kitchen pantry, large living room, generously sized bedrooms, double closets, lots of storage and Spectacular Mountain Views! This friendly and active community has 4 pools & spas, two lighted tennis courts and beautifully maintained complex for you and your guests to enjoy. The proximity to downtown and shopping and the development amenities make this unit suitable to use as a full time residence or winter home. And if that isn't enough, you also OWN THE LAND!

Last Agent to Sell the Property

Clifford Black

HomeSmart License #01966667 Listed on: 12/10/2015

HomeSmart

Co-Listed By

Allie Black

Coldwell Banker Residential Brokerage

Last Buyer's Agent

Unknown Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1981

Lot Details

  • 1,742

HOA Fees

  • $408 Monthly HOA Fees

Interior Spaces

  • 1,305 Sq Ft Home
  • Mountain Views

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

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

Pool

  • Heated In Ground Pool
  • In Ground Spa

Additional Features

  • Balcony
  • End Unit
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 502325053

Community Details

Overview

  • 107 Units
  • Versailles Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,315

Year Built

Built in 1981

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Top
  • Builders Tract Code: Versailles
  • Included In Sale: Refrigerator
  • List Price per Sq Ft: 167.82
  • Lp Sp Ratio: 0.9909
  • Unit Total In Complex: 107
  • View Type: Mountain(s)
  • Year Built: 1981
  • Co Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Co Listing Member Fax: (760) 844-7142
  • Co Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Co Listing Office Fax: (760) 844-7550
  • Listing I D: 215038834
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Versailles
  • Special Features: None

Interior Features

  • Flooring: Carpet, Linoleum
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Estimated Sq Ft: 1305.00

Exterior Features

  • Other Features: Balcony, Tennis Court, End Unit
  • Pool: Yes
  • Pool Construction: In Ground
  • Pool Description: Heated
  • Pool Location: Community
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: In Ground
  • Spa Hot Tub Description: Community
  • View: Yes

Garage/Parking

  • Parking: Assigned, Covered
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly
  • Pet Rules: Assoc Pet Rules

Condo/Co-op/Association

  • Association Amenities: Guest Parking, Tennis Courts
  • HOA Information: Yes
  • HOA Fee 1: 408.00
  • Total Monthly Association Fees: 408.00

Lot Info

  • Assessor Parcel Number: 502325053
  • Lot Acres: 0.0400
  • Lot Size: 1742.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Meier Richard M and Meier Richard H
Bought by
Kevin Forrest Trust and Forrest
Current Estimated Value
$419,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,600
Outstanding Balance
$337,309
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$82,689

Purchase Details

Listed on
Dec 10, 2015
Closed on
Jan 6, 2016
Sold by
Hammer Charles W and Hatfield Donna F
Bought by
Meier Richard M
Seller's Agent
Clifford Black
HomeSmart
Buyer's Agent
Unknown Member
List Price
$219,000
Sold Price
$217,000
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.04%
Original Mortgage
$173,600
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1997
Sold by
Miller George C and Miller Beverly J
Bought by
Hammer Charles W and Hammer Gracemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
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
Kevin Forrest Trust $422,000 Equity Title
Meier Richard M $217,000 Equity Title
Hammer Charles W $65,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kevin Forrest Trust $337,600
Previous Owner Meier Richard M $173,600
Previous Owner Hammer Charles W $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2016 02/11/16 Sold $217,000 -0.9% $166 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $219,000 -- $168 / 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 $3,315 $256,876 $64,217 $192,659
2023 $3,315 $246,903 $61,724 $185,179
2022 $3,378 $242,063 $60,514 $181,549
2021 $3,313 $237,318 $59,328 $177,990
2020 $3,171 $234,885 $58,720 $176,165
2019 $3,120 $230,280 $57,569 $172,711
2018 $3,065 $225,766 $56,441 $169,325
2017 $3,023 $221,340 $55,335 $166,005
2016 $1,359 $89,403 $27,504 $61,899
2015 $1,294 $88,062 $27,092 $60,970
2014 $1,262 $86,339 $26,562 $59,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 215038834

California Desert Association of REALTORS®

APN: 502-325-053