NOT LISTED FOR SALE

Estimated Value: $401,000 - $521,000

2 Beds
2 Baths
1,186 Sq Ft
$410/mo HOA Fee

Last Sold October 07, 2020

Last sale price $275,000 $232 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,155/month

207 Days on Market

Highlights

  • Heated In Ground Pool
  • Panoramic View
  • Den
  • Palm Springs High School Rated A-
  • 1 Fireplace
  • Guest Parking

About This Home

As of October 2020

Enlarged remodeled kitchen with breakfast bar opens to the living room & den. Living room with vaulted ceiling and slider to side outdoor patio. Kitchen with self-closing cabinet drawers & doors. Newer stainless steel sink. Newer black stove, microwave & dishwasher.

Last Agent to Sell the Property

Dave Van Wess

HomeSmart License #01309922 Listed on: 02/29/2020

HomeSmart

Last Buyer's Agent

Colleen Carr-Carlson

Meridian Capital Realty License #01922379

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,798

Year Built

  • Built in 1966

Lot Details

  • 1,738

HOA Fees

  • $410 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • Turnkey

Interior Spaces

  • 1,186 Sq Ft Home
  • 1 Fireplace
  • Dining Area
  • Den

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Gunite Pool
  • Fence Around Pool
  • Spa Fenced

Additional Features

  • Green Features
  • Drip System Landscaping
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 507320014

Community Details

Overview

  • 16 Units
  • Desert Lanai Subdivision
  • On-Site Maintenance

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,798

Year Built

Built in 1966

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Levels: Ground Level, No Unit Above
  • Entry Floor: 1
  • Included In Sale: All appliances including full-size stackable washer and dryer.
  • List Price per Sq Ft: 233.98
  • Lp Sp Ratio: 0.9900
  • Unit Total In Complex: 16
  • View Type: Mountain(s), Panoramic
  • Year Built: 1966
  • Listing I D: 219040091
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 844-7081
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Office Address: 2173 Salk Ave Suite 250, Carlsbad, CA 92008
  • Street Direction: E
  • Land Type: Fee
  • Subdivision: Desert Lanai
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Estimated Sq Ft: 1186.00

Exterior Features

  • Pool: Yes
  • Pool Construction: Gunite, In Ground
  • Pool Description: Community, Fenced, Gunite, Heated, In Ground
  • Pool Location: Community
  • Planned Unit Development: No
  • Spa Hot Tub: Yes
  • Spa Hot Tub Construction: Gunite, In Ground
  • Spa Hot Tub Description: Community, Fenced, Heated - Gas
  • View: Yes

Garage/Parking

  • Parking: Assigned, Guest, On Street
  • Total Carport Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Cooling Type: Air Conditioning, Central Air
  • Heating: Forced Air
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Amenities: Guest Parking, Maintenance Grounds, Pet Rules
  • HOA Information: Yes
  • HOA Fee 1: 410.00
  • Total Monthly Association Fees: 410.00

Lot Info

  • Sprinklers: Yes
  • Assessor Parcel Number: 507320014
  • Irrigation: Drip System
  • Lot Acres: 0.0399
  • Lot Size: 1742.00

Green Features

  • Green Features: Yes

Rental Info

  • Furnished: Turnkey
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes

Multi Family

  • Total Fireplaces: 1

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2022
Sold by
Keith Mottola
Bought by
Mottola Keith and Mottola Sean
Current Estimated Value
$449,060

Purchase Details

Closed on
Aug 11, 2021
Sold by
Mottola Keith and Mottola Keith J
Bought by
Mottola Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,880
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2020
Sold by
Cunningham Lane and Cunningham Maureen
Bought by
Mottola Keith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
2.9%

Purchase Details

Closed on
Nov 18, 2013
Sold by
Cunningham Lane
Bought by
Cunningham Lane and Cunningham Maureen

Purchase Details

Closed on
Apr 7, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Cunningham Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
7.18%

Purchase Details

Closed on
Aug 8, 1997
Sold by
Mcgrane Timothy F P and Mcgrane Cynthia A
Bought by
Federal Home Loan Mortgage Corporation
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
Mottola Keith -- --
Mottola Keith -- Fidelity National Title Co
Mottola Keith J $275,000 Fidelity National Title Co
Cunningham Lane -- None Available
Cunningham Lane $42,000 Stewart Title
Federal Home Loan Mortgage Corporation $61,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mottola Keith $269,880
Previous Owner Mottola Keith J $270,019
Previous Owner Cunningham Lane $37,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $275,000 -0.9% $232 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $277,500 -3.5% $234 / Sq Ft
06/01/2020 06/01/20 Price Changed $287,500 -3.4% $242 / Sq Ft
03/27/2020 03/27/20 For Sale $297,500 +8.2% $251 / Sq Ft
03/22/2020 03/22/20 Off Market $275,000 -- --
02/29/2020 02/29/20 For Sale $297,500 -- $251 / 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 $3,798 $297,666 $75,769 $221,897
2023 $3,798 $286,110 $72,828 $213,282
2022 $3,872 $280,500 $71,400 $209,100
2021 $3,796 $275,000 $70,000 $205,000
2020 $1,247 $80,267 $21,881 $58,386
2019 $1,233 $78,694 $21,452 $57,242
2018 $1,214 $77,152 $21,034 $56,118
2017 $1,200 $75,640 $20,622 $55,018
2016 $1,171 $74,158 $20,218 $53,940
2015 $1,113 $73,046 $19,915 $53,131
2014 $1,082 $71,618 $19,526 $52,092
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219040091

California Desert Association of REALTORS®

APN: 507-320-014