NOT LISTED FOR SALE

2022 Southridge Dr Palm Springs, CA 92264

Estimated Value: $678,929 - $696,000

2 Beds
2 Baths
1,600 Sq Ft
2,178 Sq Ft Lot

Last Sold August 13, 2018

Last sale price $371,500 $232 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,051/month

141 Days on Market

About This Home

As of August 2018

Nestled into the mountain, below Bob Hope's iconic Southridge home, this freestanding condo offers Million Dollar panoramic mountain and city lights views. The walls of glass make the open floor plan light and airy. With a recently rebuilt large balcony/deck off the living room and master bedroom, where you can relax and watch the city twinkle at your feet. The bedrooms have great separation offering lots of privacy. Plenty of Closets and Storage! Just Steps to nearby Pool/Spa! One of only 5 freestanding units in Rimcrest! All this and FEE LAND (you own it).

Last Agent to Sell the Property

Doug Lederman

Windermere Real Estate License #01977134 Listed on: 01/15/2018

Windermere Real Estate

Last Buyer's Agent

Samir Suri

Premier Agent Network Inc. License #01718664

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,106

Year Built

1967

Lot Details

0

Listing Details

  • Active Date: 2018-05-08
  • Full Bathroom: 2
  • Building Size: 1600.0
  • Building Structure Style: Mid Century
  • Driving Directions: East Palm Canyon Road to Southridge, turn right, as you ascend the hill the entrance with be the first one on the left. Park in assigned parking spot #3. From mailboxes, take the stairs on the right up, proceed take first left then veer right, continue w
  • Full Street Address: 2022 SOUTHRIDGE DR
  • Pool Construction: In Ground
  • Pool Descriptions: Association Pool, Community Pool
  • Primary Object Modification Timestamp: 2018-08-13
  • Spa Descriptions: Association Spa
  • Unit Floor In Building: 1
  • Total Number of Units: 55
  • View Type: City View, City Lights View, Hills View, Mountain View, Panoramic View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Eating Areas: Dining Area
  • Appliances: Range Hood, Range
  • Advertising Remarks: Nestled into the mountain, below Bob Hope's iconic Southridge home, this freestanding condo offers Million Dollar panoramic mountain and city lights views. The walls of glass make the open floor plan light and airy. With a recently rebuilt large balcony/d
  • Total Bedrooms: 2
  • Builders Tract Code: 6780
  • Builders Tract Name: RIMCREST
  • Fireplace: No
  • Levels: One Level, Ground Level
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Association Phone Number: 760.346.1161
  • Floor Material: Carpet, Ceramic Tile
  • Laundry: Laundry in Closet, Outside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 2178
  • Common Walls: Detached/No Common Walls
  • Patio: Covered Porch, Enclosed, Patio Open

Garage/Parking

  • Other Spaces: 1
  • Parking Features: Uncovered
  • Parking Type: Assigned

Utilities

  • Cooling Type: Air Conditioning, Ceiling Fan(s), Central A/C, Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Central Furnace, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Guest Parking
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Rules: Call for Rules
  • Mgmt Co 2: COMMUNITY ASSN FINANCIAL SERVI
  • Mgmt Co 2 Phone: 760.323.7475
  • Association Name: RIMCREST HOMEOWNERS ASSOCIATION
  • HOA Fees: 445.0

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2021
Sold by
Agarwal Neeru
Bought by
Agarwal Neeru and The Neeru Agarwal Family Trust
Current Estimated Value
$665,241

Purchase Details

Listed on
Jan 15, 2018
Closed on
Jun 21, 2018
Sold by
Sporrer Dale J
Bought by
Agarwal Neeru
Seller's Agent
Doug Lederman
Windermere Real Estate
Buyer's Agent
Samir Suri
Premier Agent Network Inc.
List Price
$409,000
Sold Price
$371,500
Premium/Discount to List
-$37,500
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$334,350
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2015
Sold by
Rimcrest Homeowners Association
Bought by
Sporrer Dale J
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
Agarwal Neeru -- None Available
Agarwal Neeru $371,500 Orange Coast Title
Sporrer Dale J $70,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agarwal Neeru $288,000
Previous Owner Agarwal Neeru $334,350
Previous Owner Rhoades Sharon Ardelle $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $371,500 -7.1% $232 / Sq Ft
04/19/2018 04/19/18 Price Changed $399,900 -2.2% $250 / Sq Ft
01/15/2018 01/15/18 For Sale $409,000 -- $256 / 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 $5,106 $414,411 $128,283 $286,128
2023 $5,106 $398,320 $123,302 $275,018
2022 $5,203 $390,511 $120,885 $269,626
2021 $5,098 $382,855 $118,515 $264,340
2020 $4,873 $378,930 $117,300 $261,630
2019 $4,789 $371,500 $115,000 $256,500
2018 $2,756 $201,098 $50,905 $150,193
2017 $2,718 $197,156 $49,907 $147,249
2016 $2,644 $193,291 $48,929 $144,362
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 18-303260PS

APN: 681-080-021