NOT LISTED FOR SALE

Estimated Value: $414,000 - $480,000

2 Beds
2 Baths
1,305 Sq Ft
$438/mo HOA Fee

Last Sold November 25, 2020

Last sale price $299,000 $229 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,190/month

59 Days on Market

Highlights

  • Unit is on the top floor
  • Heated In Ground Pool
  • Mountain View
  • Palm Springs High School Rated A-
  • Two Primary Bedrooms
  • 2 Fireplaces

About This Home

As of November 2020

Welcome to Versailles! This clean and bright upper two bedroom/two bath condominium (no one above ) with mountain views is located in South Palm Springs close to everything to make for a very convenient lifestyle whether walking or driving. Beautiful 18 inch tile isthroughout this spacious 1305 square-foot unit with high cathedral ceilings and generous closet space in both large bedrooms. Designer paint colors and updated baths. Equipped with stainless steel kitchen appliances and indoor laundry, and you certainly will enjoy the Palm Springs lifestyle from any one of your three private covered outdoor patios. Another nice feature is this unit shares no common walls with any of the other units.Versailles amenities include four pools and spas, and two tennis courts. Close to shopping and restaurants at Smoketree, Smoketree Commons and the World famous Purple Room for grand nightlife entertainment! The PS BUZZ trolley stops 1/2 block over.All this on Fee land(you own it) And low HOA dues make this a special property for investment purposes or to call your own!

Last Agent to Sell the Property

Thaddeus Francis

HomeSmart License #00934326 Listed on: 09/16/2020

HomeSmart

Co-Listed By

Arthur Bishop

HomeSmart Professionals License #00366053

Last Buyer's Agent

Thaddeus Francis

HomeSmart License #00934326

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1981

Lot Details

  • 1,738

HOA Fees

  • $438 Monthly HOA Fees

Property Views

  • Mountain
  • Pool

Home Design

  • Stucco Exterior

Interior Spaces

  • 1,305 Sq Ft Home
  • Ceiling Fan
  • 2 Fireplaces
  • Sliding Doors
  • Living Room
  • Dining Area
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Assigned Parking

Pool

  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Satellite Dish
  • Cable TV Available

Additional Features

  • North Facing Home
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 502325011

Community Details

Overview

  • Association fees include building & grounds, water, trash, earthquake insurance
  • Versailles Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,111

Year Built

Built in 1981

Lot Details

0

HOA Fees

$438 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Attached/Detached: Yes
  • Property Orientation Faces: Front Door Faces North
  • Levels: Top
  • Included In Sale: All Appliances/Washer and Dryer.
  • List Price per Sq Ft: 229.12
  • Lp Sp Ratio: 1.0000
  • View Type: Mountain(s), Pool
  • Year Built: 1981
  • Co Listing Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Listing Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Listing Office Fax: (760) 844-7550
  • Co Selling Member Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Selling Office Address: 73301 Fred Waring Dr., Ste 101, Palm Desert, CA 92260
  • Co Selling Office Fax: (760) 844-7550
  • Listing I D: 219049724
  • Listing Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Member Fax: (760) 424-3667
  • Listing Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Listing Office Fax: (760) 844-7550
  • Selling Member Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Member Fax: (760) 424-3667
  • Selling Office Address: 431 S Palm Canyon Dr, Palm Springs, CA 92262
  • Selling Office Fax: (760) 844-7550
  • Land Type: Fee
  • Subdivision: Versailles
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Oven, Microwave Oven, Exhaust Fan, Water Line to Refrigerator, Washer, Stackable W/D Hookup, Refrigerator, Ice Maker, Gas Dryer Hookup, Disposal, Dishwasher, Gas/Elec Dryer Hookup
  • Flooring: Tile
  • Bedroom Features: 2 Master Bedrooms, Walk In Closet
  • Total Bedrooms: 2
  • Bathroom Features: Remodeled
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Eating Areas: Breakfast Counter/Bar, Dining Area
  • Laundry: In Closet
  • Estimated Sq Ft: 1305.00

Exterior Features

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

Garage/Parking

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

Utilities

  • TV Svcs: Cable TV, TV Satellite Dish
  • Cooling Type: Air Conditioning, Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: In, Connected and Paid

Association/Amenities

  • Association #1 Frequency: Monthly

Condo/Co-op/Association

  • Association Fees Include: Building & Grounds, Water, Trash, Earthquake Insurance
  • Association Amenities: Guest Parking, Tennis Courts, Pet Rules, Management, Maintenance Grounds
  • HOA Information: Yes
  • HOA Fee 1: 438.00
  • Total Monthly Association Fees: 438.00
  • Unit Location: Second Floor

Lot Info

  • Assessor Parcel Number: 502325011
  • Lot Acres: 0.0399
  • Lot Size: 1742.00

Rental Info

  • Furnished: Unfurnished
  • Land Lease Type: Fee Simple
  • Rental Restrictions: Yes
  • Short Term Rentals: Yes

Multi Family

  • Total Fireplaces: 2

MLS Schools

  • School District: Palm Springs Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Oct 25, 2020
Sold by
Nelson Kreig A and Runck Lynn F
Bought by
Donovan Paul D
Seller's Agent
Thaddeus Francis
HomeSmart
Buyer's Agent
Thaddeus Francis
HomeSmart Professionals
List Price
$299,000
Sold Price
$299,000
Current Estimated Value
$442,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,140
Avg. Annual Appreciation
8.67%
Original Mortgage
$448,500
Outstanding Balance
$400,918
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$42,242

Purchase Details

Listed on
Feb 12, 2015
Closed on
Feb 19, 2015
Sold by
Sanders Melvin Edward and Poirier Gilbert Gilles
Bought by
Nelson
Seller's Agent
Ron Chappell
HomeSmart Professionals
Buyer's Agent
Ron Chappell
HomeSmart Professionals
List Price
$239,000
Sold Price
$220,000
Premium/Discount to List
-$19,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.54%

Purchase Details

Closed on
Mar 4, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sanders Melvin Edward and Poirier Gilbert Giles

Purchase Details

Closed on
Aug 18, 2009
Sold by
Bertholjotti Ruth
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 25, 2006
Sold by
Bertholjotti Ruth
Bought by
Bertholjotti Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 1, 2005
Sold by
Mccoy Katherine L
Bought by
Johnston John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2005
Sold by
Bergkvist Madelon Christine and Johnston John F
Bought by
Bertholjotti Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2004
Sold by
Johnston Madeline M
Bought by
Bergkvist Madelon Christine and Johnston John F

Purchase Details

Closed on
Dec 30, 2003
Sold by
Madeline M Johnston Trust
Bought by
Bergkvist Madeline C and Johnston John F
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
Donovan Paul D $299,000 Fidelity National Title
Nelson $220,000 First American Title Ins Co
Sanders Melvin Edward $115,000 First American Title Ins Co
Federal Home Loan Mortgage Corporation $170,000 Landsafe Title
Bertholjotti Ruth -- Southland Title
Johnston John F -- First American Title Company
Aguilar Cameron M -- First American Title Company
Thomas Rhonda E -- First American Title Company
Kittinger Tracy I -- First American Title Company
Bertholjotti Ruth $280,000 First American Title Company
Bergkvist Madelon Christine -- --
Bergkvist Madeline C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donovan Paul D $448,500
Previous Owner Bertholjotti Ruth $225,000
Previous Owner Bertholjotti Ruth $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $299,000 0.0% $229 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $299,000 0.0% $229 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $299,000 +35.9% $229 / Sq Ft
03/19/2015 03/19/15 Sold $220,000 -7.9% $169 / Sq Ft
02/12/2015 02/12/15 For Sale $239,000 -- $183 / 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 $4,111 $323,644 $81,181 $242,463
2023 $4,111 $311,079 $78,030 $233,049
2022 $4,191 $304,980 $76,500 $228,480
2021 $4,109 $299,000 $75,000 $224,000
2020 $3,257 $241,762 $60,438 $181,324
2019 $3,204 $237,022 $59,253 $177,769
2018 $3,147 $232,376 $58,093 $174,283
2017 $3,104 $227,820 $56,954 $170,866
2016 $3,018 $223,354 $55,838 $167,516
2015 $1,724 $123,506 $32,216 $91,290
2014 $1,687 $121,088 $31,586 $89,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 219049724

California Desert Association of REALTORS®

APN: 502-325-011